BANKNIFTY Intraday Trade Setup For 22 Dec 2021 Buy- None Sell-Below 34380 Sl-34480 T-34050 BANKNIFTY is tradable with live market dat only if there is big gap up or gap down. If opens flat and crosses today's low then we will short simply and will book our profits near 34050-34100. If index breaches 34000 and 34900 then a big fall will be seen in intraday....
*for education purpose only daily chart of bank nifty futures it is quite clear that the selling hadn't stopped until yesterday. the last candle made on 20th Dec 2021, yesterday looks like a sell zone. markets are opening with a big gap today but doesn't look like it will cross above 37150.00 zone and sustain there. I will not be changing my view of 1. sell on...
Today will be a gap up opening in banknifty. Expected opening near 35000 level and after opening if banknifty starts trading above 35050 level then expected upside movement up to 35450 level. Below 34950 there will be a weakness in banknifty and a possible downside towards yesterday's low. Downside 34550 will act as an intermediate support level. Once banknifty...
Gap-Up: with Support of Imp(BUY) / PDH Rej(SELL) Flat: with Support of Imp(BUY) / Imp BO(SELL) Gap-D: Support of PDL (BUY) / PDL BO(SELL)
Understanding trends through supports and resistances.
Hello Traders, Strategy to follow : Sell on Rise near Resistance Level and (Quick) Buy on Dips near Support Level . Please take the trade according to the levels marked, with Stop Loss. This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market. I hope you all like my analysis. Please do...
Pivot points based on support and resistance after analysing weekly, daily and 15 min time frame.
Today it has broken all the support with steep fall now taking support at 34500 level. As Data was seen building at 34500 by PUT writer. Now for tomorrow 34699 is important level for further move. I am expecting a Gapup to flat Opening tomorrow keep eyes of 34500 CE may be rewarding. after 34699 next resistance will be at 35000 level. :) Today BankNifty PCR :...
BANKNIFTY Intraday Trade Setup For 21 Dec 2021 Buy- None Sell-Below 34000 Sl-34100 T-33900 33600 BANKNIFTY can be sideways tomorrow.Not expecting a big move again. It can make an inside candle tomorrow. 34900 is an important support as of now. If breaks then again a trending move will come. Live Market data is more important for BANKNIFTY than Post market...
Good evening all, Last week: We saw a the continuation down after a pull back from the previous one. This was necessary and a good one of between 50% and 61.8%. This provided us a good structure on both sides for the last week and next. This week: Our entry point is below 34800 with a potential target of 800 points on the short side. On the long side, we wait...
Bank Nifty had stuck into the descending channel (DC) from 25 Oct to 07 Dec. The upper trendline of DC has broken and started moving forward. It has filled the 25 Nov gap yesterday and marching towards the supply zone. We have chances to see 37600 – 37800+ levels today. Intraday traders can take benefit of it. But you must note the second resistance of 36871 ....
*Daily chart of bank nifty futures* Fresh selling in MACD and Histogram The last candle being made looks like a sell zone No strong support before 33484.95 The gap in the support zone, 33276.30 to 33484.95 is very uncomfortable stay away or trade in options only!
Today will be a gap down opening in banknifty. After a gap down opening expected further downside up to 35050 level. Banknifty will take immediate support at 35050 level and chances of reversal from this level. In case banknifty does not sustain above this support level and starts trading below 34950 then possible strong 400-500+ points downside towards the 34550...
Understanding trends through support and resistances.
Pivot points based on support and resistance after analysing weekly, daily and 15 min time frame
Gap-Up: with sup of Imp(BUY) / Imp Rejection(SELL) Flat: Above Imp(BUY) / PDL BO(SELL) Gap-D: with Support of PDL(BUY) / PDL Rejection(SELL)
BankNifty is Suppose to test its mentioned support areas . buy on dips ( support ) is the strategy .
BankNifty opened with flat and we saw sharp selling at open. After morning fall BankNifty was trading in a range which was broken on the lower side in last hour and low was made near 35500 level. 35350-35300 is the last support zone which is important on hold, else we see again 500-1000 points fall very soon. Expectations for Tomorrow: Volatile Day. Intraday...