Banknifty opened gap down at 38081 and in the first 5mts candle itself it took out the support line of 37946. There was an immediate bounce somehow giving us the impression that the support was intact, the minor pullback tried to close the gap but lost steam by 10.15. The fall from 10.20 to 10.45 looked interesting because the support level proved quite important...
Nifty intraday levels., initiate buy and sell only from the zones marked with additional confirmation on candle sticks, rsi, etc.,
Positional Sell active based on weekly candle close and by making Lower low in daily today.,., can expect a gap down tomorrow based on todays candle close at day low
Banknifty Buying and Selling Zone Marked. Plane Long Trade When it touches the demand zone, and Plan Sell trade when it touches the supply Zone.
As discussed y'day Bank Nifty made a morning low around 38840 and rallied around 500 pts before put premiums was brought down to earth. Market got sold near decision range to end up lower in afternoon. Put premiums are again on heavier side now , so higher level expiry is possible. Decision range 37839-37892 Support for the day 37453 Resistance for the day...
All the rules and conditions explained in previous Nifty idea. Same logic applies here also. If today's low is defended this will be a jackpot trade All the details are mentioned below Entry:38015 Don't have a feeling of FOMO. No need to compromise. We can always find entry points. SL :37820 Lets see If we can secure this trade. Managing the trade: If the...
purely based on trendline breakout one can go long on candle close above 278 keeping stop and target based on risk appetite disclaimer - trade @ own risk
another hit day plz like,boost to appreciate our ideas== #banknifty call above 38550 tgt-38700\39000 #banknifty put below 38200 tgt-38000\37000 sl keep 100 points atleast *indian market is still strong ,in coming days #banknifty will reach the level of 41000+
Banknifty possible target 35700 anti crab pattern in formation position execution and target is mentioned as per time analysis
Any pattern is not perfectly formed.. So we take confluence in them .. as i can see there is this bullish cypher pattern in formation Which is not that perfect yet with in my error percentage. along with Open intrest As confluence and support resistance levels .. This is my View and my trade not a suggestion Weekly Time frame Bearish signals
The global market indicates a negative start. Market may open a gap-down, if the market breaks the previous day low, that's a sign of correction continuation. it will reach min (nifty - 16781 to overall 50% and BN - hdz to overall 50%). on the other hand, if the market rejects in-between the key zones, then we will expect a minor pullback.
BANKNIFTY Intraday Trade Setup 28 Sep 2022 Buy-Above 38710 Sl-38595 T-39023 39230 Sell-Below 38180 Sl-38290 T-37933 37633 BANKNIFTY has closed on a negative note with 0.67% cut. Today 5% target was achieved in the short target which was triggered below 40280 on 23 Sep. Now trail sl to last swing high 38710 and ride for any further fall. While 39050 is the...
Here's my view on the indian indices. What's yours?
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Hello All, Please refer my previous related idea where both side targets have been achieved and the next targets are still open. Today BNF opened with +200 pts and profits booked sooner but overall yesterday and today structure seems like falling channel which more likely to break on upper side. Please refer the levels on chart. We are seeing selling 2500...
banknifty Resistance Level: 38547.20 Support Level:38006.95 If candles are sustaining or break above resistance level, we can expect upside move and the targets will be fib retracement levels as per chart If candles are sustaining between resistance and support levels, consider as neutral If candles are sustaining or break below support level, we can expect...
Bank nifty opened at 38811 just above the resistance line marked for yesterday. It tried to rally but was short lived. From 9.15 to 9.30 due to the upward move the CE options near ATM surged pretty heavily. This may be because the call writers would have got nervous and exited the short position fearing market will move significantly higher. Or weak hands would...
Banknifty remained weak as compare to Nifty and closed 250 points lower. The market gave a nice down side movement after touching the round number of 39000. On the 15 minute chart analysis, the market tried to sustain above the 20 ema levels but couldn't hold the levels and took resistance from the same. The markets are heading for a monthly expiry and a...