BANKNIFTY
Nifty Expiry AnalysisStill, my Bank Nifty 32330-32400 target is pending. Maybe it will test this level tomorrow.
I will avoid short positions and also both side Option writing is safe in a sideways zone not in a strong trend.
Please find the supply and demand zone levels in the chart.
Bank Nifty is making a strong base @ 31900-32100Bank Nifty is making a strong base @ 31900-32100
Hold above 31900 it will be the buy on dips and my target will be 32330-32400
t gram a t swapnilcofficial
Bank Nifty AnalysisPlan A: I will Buy BNF if it will sustain above 32080-32125
Plan B: I will Buy BNF if it will come to 31700 and it will sustain above this zone.
tgram at swapnilcofficial
Bank Nifty: Uncommon Data BuildupBank Nifty: Uncommon Data Buildup
Plan A: Fresh Buying Zone
--- If it will sustain above 32120 for the target of 32260-32415.
--- If it will come and sustain above 31675-31715
--- If it will come and sustain above 31520-31575
Plan B: Avoid Short Position. The buyer will use every minor and major dip for a long position.
Very Strong Data Buildup on the positive side.
tgram at swacpnilcofficial
Bank Nifty: I will Wait for the confirmation.Plan A: Buy If it will sustain above 31720.
Plan B: Sustain below 31720 I will wait for the confirmation.
tgram at swapnilcofficial
Nifty Bank Expiry Trading PlanExpiry may come between 31200-31400
Plan A: Sell 31100 Put and 31500 Call
tgram at swapnilcofficial
Sideways View on Bank NiftySideways View on Bank Nifty
Sell 30800 put and sell 31500 call
Tgram at swapnilcofficial
The negative view on Bank NiftyThe negative view on Bank Nifty
Note: It will fill the gap zone: 30750-30850 for sure buy when is a ?
Plan A: I already have a position in 30800 put writing and 31500 call writing.
Plan B: Sell Fut when it will test 31500 for the downside targets of 31100-31000
Bank NIFTY: Detailed Data and Price Action Trading PlanBank NIFTY: Detailed Data and Price Action Trading Plan
Note: It will fill the gap zone: 30750-30850 for sure buy when is a ?
Plan A: If it will not sustain above 31500, I will prefer to go short.
Plan B: It will sustain above 31500. I will prefer to avoid one side trade. I will take a position in option writing
because in this case, it will trade in the sideways zone.
bankniftyinverse head and shoulder pattern has formed beautifully in 5 min time frame but trading view is not allowing me to publish (publicly ) chart below 15 min. still you guys can manage here on 15 min time frame.
Bank nifty trading setupAll things are mention on the chart
Educational purposes. Non-advisory, discretionary.
BANK NIFTY CAUTION WEEKLY CHART ANALYSISAS YOU CAN SEE BLUE LINE ON TOP IS LONG TERM TREND LINE WHILE RED LINES ON CHART AND STOCHASTIC ARE SHOWING ( FOR NOW) BEARISH DIVERGENCE BUT DIVERGENCE WILL ONLY BE CONFIRMED IF CANDLE CAN NOT CROSS RED TREND LINE AND STOCHASTIC AS MENTIONED WITH RED RECTANGLE GIVES BEARISH SIGNAL MEANS RED LINE OF STOCHASTIC CROSSES BLUE AND GOES ABOVE BLUE THIS WILL THEN MEAN STOCHASTIC WENT HIGHER THAN CANDLESTICK IT WILL BE BEARISH DIVERGENCE CONFIRMATION IF NO BEARISH DIVERGENCE AND CANDLE CLOSES ABOVE RED TREND LINE TARGET IS 31419 APPROX IF BEARISH DIVERGENCE HAPPENS TARGET FOR SHORT SIDE 30220.85 GOOD LUCK
NOTE: FOR EDUCATIONAL PURPOSE ONLY DO YOUR OWN ANALYSIS BEFORE TAKING ANY POSITION
Bank Nifty - Backtest results of a simple strategy, that works.The chart has highs and lows of first 15 min. candle marked for a few trading days, and backtest results of trades taken on breaking of these levels in either direction.
A friend has told me about this system, I decided to back test out of curiosity, surprisingly it works. The system gave 100+ points on Bank nifty on 9 out of 11 days.
I believe, if we use some reliable indicator along with this, profitability can be enhanced further.
Those interested in more information about this system can share their e-mail ids via message post or direct messages.
Relevant for beginners only or someone with very basic knowledge of technical analysis.
I have also tested it on Nifty, and got similar results. I have not tested on individual stocks yet, but I was told it works well on them too.
This post is not a trading tip or encourages / recommends speculative trading using leveraged positions in any way, please consult some financial consultant before taking any decisions w.r.t. your money.
Follow me on this forum for periodic updates on nifty, bank nifty and some trading strategies.
BANK NIFTY
Bank Nifty still has room on upside.
Triangle formation on hourly chart, IF HDFC Bank starts moving tomorrow Bank Nifty is a buy.
KOTAK / ICICI Bank are in downtrend.
SBIN And Axis have just broken out of range.
Most importantly HDFC Bank has to come out of the range to perform and uplift Bank Nifty.
BEL - Bharat Electronics Ltd - Inverted hns breakout - longBEL hns breakout
Buy at current cmp around 120
Tgt 137
sl 112
#banknifty formed Bearish Harami @in_tradingviewNSE:BANKNIFTY
Formed Bearish Harami Candle pattern
reversing from resistance
Gap Need to Fill
Stay cautious
