Bankniftyexpiry
Simple Trade Setup | BANKNIFTY | 31-03-2022 [INTRADAY]NSE:BANKNIFTY
Trade Setup for 31-03-2022
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
BankNifty route=map for 23rd marchBNF already falling that's why didn't give any level to SHORT. Its open for shorting Before to reach Target 1. Need to be careful around Target 1 because it's 50% level of Fibonacci that's why it would be important. Price can reverse form the same and then the journey will start from C to D leg of Pattern.
Please see the chart once, have tried to mention everything that i found by my study.
If found yourself agreed with this study then please LIKE...
Thank you
BankNifty Expiry Trade Setup | 24th MarchBankNifty opened with a gap-up around the flat at 36630 and made high around 36830 but we saw selling from higher Levels and BankNifty made a low at 36064.
Trades we took today -
> Bought BankNifty 36600 CE at 400 which we booked at 440 with a small profit
> Bought BankNifty 36600 PE at 370 which we booked at 340 with 30 points loss
> Bought BankNifty 36500 PE at 340, it went above to our 1st Target 390 and Traders booked profit
> Bought BankNifty 36200 CE at 390, it went above to our 2nd Target 445 and Traders booked profit
> Bought BankNifty 36300 PE at 370, it went above to our 2nd Target 440 and Traders booked profit
> Bought BankNifty 36300 PE at 360 which we booked at 340 with 20 points loss
> Bought BankNifty 36200 CE at 340, it went above to our 2nd Target 395 and Traders booked profit
Overall, a choppy day and BankNifty Option Buyers booked a small profit.
Tomorrow if BankNifty sustains below 35900, we may see a fast down move.
Expectations for Tomorrow: Range-bound Day, Volatality after 1:10 PM.
Intraday Levels:
Buy Above 36350
Sell Below 35900
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Simple Trade Setup | BANKNIFTY | 24-03-2022 [INTRADAY]NSE:BANKNIFTY
Observations:
1) On 15min time frame, we can watch bullish flag and pole pattern.
Please refer below chart : 15min Time Frame.
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Trade Setup for 24-03-2022
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
Banknifty-17/03/2022-LevelsHello Traders,
Banknifty-17/03/2022-Levels
----------------------------------------
If Market Opens as a-
GAP-UP: Support of D_T (BUY) – Rejection of R@2 (SELL)
FLAT: Support of PDH (BUY) – Rejection of S@1 (SELL)
GAP-DOWN: Support of IMP (BUY) – Rejection of PDL (SELL)
-------------------------------------
Happy Learning and Trading
Rules to fallow...
1) Trade with Strict Stop Loss.
2) Trade with Small Quantity.
3) Take entries based on Support & Resistance Levels.
Please take the trade according to the levels marked, with Risk-Reward.
This is not a Buy or Sell recommendation to anyone.
Take entries after your own analysis.
This is for education purpose and a helping hand to learn trading in market.
NOTE: Trade with Strict Stop Loss. It may or may not hit all levels. So one can book profit / loss at respective level considering how price action works near that level.
I hope you all like my analysis. Follow me to get regular updates.
Please do share your thoughts in comment section.
Please Hit a LIKE , it motivates me to do analysis and do share with your trading friends.
SHORT FORM &FULL FORM
-------------------------------
PDH-> Previous Day High
PDL-> Previous Day Low
IMP -> Important
R@1, R@2,R@3... ->Resistance-Zones
S@1, S@2,S@3... ->Support-Zones
M_S -> Major Support
S_H -> Swing-High
S_L -> Swing-Low
D_T -> Double Top
D_B -> Double Bottom
T_T -> Triple Top
T_B -> Triple Bottom
TF -> Time Frame
BO -> Break-Out
RR -> Risk-Reward
SL -> Stop-Loss
GAP -> The area b/w Previous Day Close and Today Open
Blue Color Text(S@*,R@*)-> Act as Major Support or Resistance-Zones( Be Alert, Chances to Market take Reversals )
BankNifty Journey till ExpiryHere i am sharing my analysis of BNF that is all Based on Harmonic pattern , Fibo Ratios & Price action. This chart will be Valid till Current weekly expiry.
Tomorrow if BNF opens Gap-Down break the support then Down-trend will be initiated. update further if found necessary.
Everything has mentioned on the chart, Have a look once and if found helpful then LIKE please.
Banknifty-10/03/2022-LevelsHello Traders,
Banknifty-10/03/2022-Levels
----------------------------------------
If Market Opens as a-
GAP-UP: Support of PDH (BUY) – Rejection of PDH (SELL)
FLAT: Support of PDH (BUY) – Rejection of S@1 (SELL)
GAP-DOWN: Support of IMP (BUY) – Rejection of IMP (SELL)
-------------------------------------
Happy Learning and Trading
Rules to fallow...
1) Trade with Strict Stop Loss.
2) Trade with Small Quantity.
3) Take entries based on Support & Resistance Levels.
Please take the trade according to the levels marked, with Risk-Reward.
This is not a Buy or Sell recommendation to anyone.
Take entries after your own analysis.
This is for education purpose and a helping hand to learn trading in market.
NOTE: Trade with Strict Stop Loss. It may or may not hit all levels. So one can book profit / loss at respective level considering how price action works near that level.
I hope you all like my analysis. Follow me to get regular updates.
Please do share your thoughts in comment section.
Please Hit a LIKE , it motivates me to do analysis and do share with your trading friends.
SHORT FORM &FULL FORM
-------------------------------
PDH-> Previous Day High
PDL-> Previous Day Low
IMP -> Important
R@1, R@2,R@3... ->Resistance-Zones
S@1, S@2,S@3... ->Support-Zones
M_S -> Major Support
S_H -> Swing-High
S_L -> Swing-Low
D_T -> Double Top
D_B -> Double Bottom
T_T -> Triple Top
T_B -> Triple Bottom
TF -> Time Frame
BO -> Break-Out
RR -> Risk-Reward
SL -> Stop-Loss
GAP -> The area b/w Previous Day Close and Today Open
Blue Color Text(S@*,R@*)-> Act as Major Support or Resistance-Zones( Be Alert, Chances to Market take Reversals )
Banknifty expiry setupTomorrow opening will be very important.
When open positive and sustain above 1st 5 min candle you can buy.
Global market is extremely bullish today.
Based on global market gap up opening possible.
Tomorrow is U.P. election results will declare after 11 am
so volatility will be high.
Place stop loss on every position.
Like the video and share with your friends.
Happy Trading.
Bank Nifty Making interesting Price Action NSE:BANKNIFTY
bank nifty is at crucial level . it has good support between 34800-34300 level it is most strong support and last hope for buyers . You can call it as a last line of defense for buyers .
We can also identify multiple time tested trandline coming from upside . this trend line and flat support area is making good triangle pattern in Bank nifty . it can cross in either side .
but its clearly shows big momentum is coming in the market in few days
Talking about upside 36700-37000 can be a good resistance for the index .
Because of increased volatility options premium are very high . so option selling can be a good choice but be careful with your risk capacity
If we look at march month monthly expiry options data we can observe good open interest buildup on 35000 for put side and 36000 for call side . These levels are same foe 3rd march expiry and next week expiry .
Disclaimer: Any information shared would be only for educational purpose...
I am not a sebi registered analyst. This channel is for only educational purpose. Any profit/loss, i am not responsible. Before taking any trade please consult your financial advisors. Thanks
Simple Trade Setup | BANKNIFTY | 24-02-2022 [INTRADAY]NSE:BANKNIFTY
Observations:
1) On 1day time frame, it closed just above 100EMA.
100DMA is placed at 37355 level.
Please refer below chart : 1day Time Frame.
-------------------------------------
Trade Setup for 24-02-2022
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
Nifty Bank Futures Key Trading Levels for 24th Feb 2022 ExpiryNifty Bank Futures Key Trading Levels for 24th Feb 2022 Expiry
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
Leave a comment that is helpful or encouraging. Let's master the markets together.
Bank Nifty Trade Plan for 10 FEB 2022Bank Nifty Trade Plan for 10 FEB 2022
Bank Nifty as expected after the bullish closing yesterday, is opening with a gap around R1 Resistance & Bullish BO of 38775 - 38860
It is also coinciding with a Virgin CPR of FEB 7 which should act as a possible resistance, if that is taken on upside we can expect Possible Target 1 & Target 2.
Any resistance from R1 or VIrgin CPR, we can expect Bank Nifty to test PDC.
BANK NIFTY@10/02/2022-LEVELSHello Traders,
BANK NIFTY@10/02/2022-LEVELS
-------------------------------------------
If Market Opens as a-
GAP-UP: Support of R@1 (BUY) – Rejection of PDH (SELL)
FLAT: Support of PDH (BUY) – Rejection of IMP (SELL)
GAP-DOWN: Support of IMP (BUY) – Rejection of s@1 (SELL)
-------------------------------------
Happy Learning and Trading.
Rules to fallow...
1) Trade with Strict Stop Loss.
2) Trade with Small Quantity.
3) Take entries based on Support & Resistance Levels.
Please take the trade according to the levels marked, with Risk-Reward.
This is not Buy and Sell recommendation to anyone.
Take entries after your own analysis.
This is for education purpose and a helping hand to learn trading in market.
NOTE: Trade with Strict Stop Loss. It may or may not hit all levels. So one can book profit / loss at respective level considering how price action works near that level.
I hope you all like my analysis. Follow me to get regular updates.
Please do share your thoughts in comment section.
Please Hit a LIKE , it motivates me to do analysis and do share with your trading friends.
SHORT FORM &FULL FORM
-------------------------------
PDH-> Previous Day High
PDL-> Previous Day Low
IMP -> Important
R@1, R@2,R@3... ->Resistance-Zones
S@1, S@2,S@3... ->Support-Zones
S-H -> Swing-High
S-L -> Swing-Low
D-T -> Double Top
D-B -> Double Bottom
T-T -> Triple Top
T-B -> Triple Bottom
TF -> Time Frame
BO -> Break-Out
RR -> Risk-Reward
SL -> Stop-Loss
GAP -> The area b/w Previous Day Close and Today Open
Simple Trade Setup | BANKNIFTY | 10-02-2022[INTRADAY]NSE:BANKNIFTY
Observations:
1) On 1day time frame, it again gave closing above resistance channel with good bullish candle.
Please refer below chart : 1day Time Frame.
-------------------------------------
Trade Setup for 10-02-2022
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
BANK NIFTY@03/02/2022-LEVELSHello Traders,
BANK NIFTY@03/02/2022-LEVELS
----------------------------------------
If Market Opens as a-
GAP-UP: Support of PDH (BUY) – Rejection of R@1 (SELL)
FLAT: Support of PDH (BUY) – Rejection of IMP (SELL)
GAP-DOWN: Support of IMP (BUY) – Rejection of IMP (SELL)
-------------------------------------
Happy Learning and Trading.
Rules to fallow...
1) Trade with Strict Stop Loss.
2) Trade with Small Quantity.
3) Take entries based on Support & Resistance Levels.
Please take the trade according to the levels marked, with Risk-Reward.
This is not Buy and Sell recommendation to anyone.
Take entries after your own analysis.
This is for education purpose and a helping hand to learn trading in market.
NOTE: Trade with Strict Stop Loss. It may or may not hit all levels. So one can book profit / loss at respective level considering how price action works near that level.
I hope you all like my analysis. Follow me to get regular updates.
Please do share your thoughts in comment section.
Please Hit a LIKE , it motivates me to do analysis and do share with your trading friends.
SHORT FORM &FULL FORM
-------------------------------
PDH-> Previous Day High
PDL-> Previous Day Low
IMP -> Important
R@1, R@2,R@3... ->Resistance-Zones
S@1, S@2,S@3... ->Support-Zones
S-H -> Swing-High
S-L -> Swing-Low
D-T -> Double Top
D-B -> Double Bottom
T-T -> Triple Top
T-B -> Triple Bottom
TF -> Time Frame
BO -> Break-Out
RR -> Risk-Reward
SL -> Stop-Loss
GAP -> The area b/w Previous Day Close and Today Open
Simple Trade Setup | BANKNIFTY | 03-02-2022 [INTRADAY]NSE:BANKNIFTY
Observations:
1) On 1 day time frame, It gave breakout of the channel as well as resistance zone of 38900-39200.
Now next major resistance zone is at 39500-39575 range.
Please refer below chart : 1day Time Frame.
-------------------------------------
Trade Setup for 03-02-2022
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
BANKNIFTY Intraday Trade Setup For 27 Jan 2022BANKNIFTY Intraday Trade Setup For 27 Jan 2022
Buy-Above 38000
Sl-37900
T-38150 38300
Sell-Below 37300
Sl-37400
T-37150 37000
BANKNIFTY has hit target of 36500 On Monday. On Tuesday's trading session it has formed a Bullish Engulfing candle in daily TF. As our buy level was triggered index gave a very good momentum upside.
On Expiry day if index consolidates between 37900-37700 and breaks the range upside above 38000 that will be the best trade in buy side. Targets will be 38200 and 38300.
For selling we need need a 5 Min candle close below 37300 target will be of 150 points.
While below 36700 we will plan for bigger targets of 300-400 points.
37900 can act as a supply zone if we find a rejection or negative candle then we will short below that candle low for the target of 37500.
The trading range is bigger so trade carefully with strict stop losses as intraday moves are bigger.