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Bankniftyexpiry

BANKNIFTY Intraday Trade Setup For 23 Dec 2021BANKNIFTY Intraday Trade Setup For 23 Dec 2021 Buy-Above 35120 Sl-35000 T-35300 35500 Sell-Below 34800 Sl-34900 T-34600 34400 BANKNIFTY has closed in a Positive Note above 35000. This breakout came in the last hour which is also good. Generally 2nd Half breakouts are most sustainable and trustable. We are simply going to buy above today's high. But if it fails to sustain above 35000 in the 1st 30 minutes or if we find any negative candle near 35000 then we are simply going short as it will again come in the range of 35000 and 34500. For selling we need to wait till 34800. Below 34800 we start building our shorts. Will get more confirmation below 34650.
NSE:BANKNIFTY
by Omahto
BankNifty Expiry Trade Setup | 9th DecemberBankNifty opened with a big Gap-up above our Buy Level of 36820 and after choppy movement in the morning due to RBI Policy we again saw a good upside movement. Trades we took today - > Bought BankNifty 36900 CE at 360 which made a high around 425 and Traders booked good profit in morning Trade > Bought BankNifty 36900 CE again at 390 which we booked with 70 points loss > Bought BankNifty 37100 PE at 280 which we booked with 50 points loss > Bought BankNifty 37200 CE 16th DEC at 450 which made a high around 575 and Traders booked Great Profit in this Trade Overall, it was an average day for BankNifty Option Buyers. Tomorrow if BankNifty sustains above 37420, we can again see a good up-move. Expectations for Tomorrow: Range-bound Day, Volatality after 1:30 PM. Intraday Levels: Buy Above 37420 Sell Below 37180 To motivate me, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
NSE:BANKNIFTY
by InvestPro_India
3
Simple Trade Setup | BANKNIFTY | 09-12-2021 [ INTRADAY]NSE:BANKNIFTY Observations: 1) On 1day time frame,Today, it trade above 10DMA. But face resistance from 21DMA. 10DMA is support now and 21DMA is immdiate resistance now. 10DMA is placed at 36377.13 21DMA is placed at 37348.94 Please refer below chart : 1 day Time Frame. 2) On 1 hr time frame, we can see that it has given the breakout of resistance channel. Please refer below chart : 1 hr Time Frame. ------------------------------------- Trade Setup for Date: 09-12-2021 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.
NSE:BANKNIFTY
by Trading_hawk
1
BankNifty Expiry Trade Setup | 2nd DecemberBankNifty opened with Gap-up, we saw good upside momentum in the morning and BankNifty closed near day high. Trades we took today - > Bought BankNifty 36000 PE at 230 which made a high above 320 and Traders booked great profit in this Trade > Bought BankNifty 36000 CE at 310 which we booked at a cost due to slow momentum > Bought BankNifty 36200 CE at 290 which made a high around 370 and Traders booked good profit in this Trade > Bought BankNifty 36200 CE again at 270 which we booked with 10 points loss > Bought BankNifty 36000 CE 9th Dec at 680 which made a high above 800 and Traders booked great profit in this Trade Overall, Wonderful day and BankNifty Option Buyers booked Great Profits. BankNifty closed near the resistance line and we may see a follow-up upmove once BankNifty would start trading above 36450. Expectations for Tomorrow: Range-bound Day, Volatality after 1:30 PM. Intraday Levels: Buy Above 36450 Sell Below 36200 To motivate me, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
NSE:BANKNIFTY
by InvestPro_India
Simple Trade Setup | BANKNIFTY | 02-12-2021 [ INTRADAY]NSE:BANKNIFTY Observations: 1) On 1day time frame, after holding 200DMA yesterday, it bounce it from it and made bullish candle. 200 DMA is placed at 35709.24 level, which is major support now. Please refer below chart : 1 day Time Frame. ------------------------------------- Trade Setup for Date: 02-12-2021 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.
NSE:BANKNIFTY
by Trading_hawk
BankNifty Expiry Trade Setup | 25th NovemberBankNifty opened with a gap-up near our Buy level of 37420 and we saw a good up-move in the first half though the rally couldn't sustain at upper levels and we lost most of the gains by closing. Trades we took today - > Bought BankNifty 37300 CE at 290 which made a high above 500 and Traders booked great profit in this Trade > Bought BankNifty 37300 CE 2ND Dec at 550 which made a high around 750 and Traders booked Great profit in this Trade We only took 2 Trades in BankNifty as got insane profit in the morning itself. Now 37200 is an important level to sustain, breaking below the level can lead to further selling. Expectations for Tomorrow: Volatile Day. Intraday Levels: Buy Above 37500 Sell Below 37200 To motivate me, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
NSE:BANKNIFTY
by InvestPro_India
1
Bank Nifty Expiry Day Analysis/View/LevelsKeep it simple,Make it powerful Expiry Day Scenarios 1. If Bank nifty Face Trendline Resistance then fall and Break 37200 Level then we can expect fall up to 36700 level. 2. If Bank nifty takes Support at 37200 level then it will fight between Trendline and Support 37200 to break trendline, If Trendline Breaks We can Expect market Raise up to 37850 Levels. 3. If market Breaks 37850 Level then next Resistance is 38400. >Support will Become Resistance and Resistance will become Support once the level Breaks. *Always Enter With good confirmation & Maintain proper Risk Reward. **********Educational/information purpose only ********** >> Visit My Ideas Page for Daily Stock Analysis, Follow for Live Updates <<
NSE:BANKNIFTY
by Ravitejasreevatsav
1
BankNifty Expiry Trade Setup | 18th NovemberBankNifty opened with a gap-down below our Sell Level of 38200 and after morning fall BankNifty took support around 38000 which was also a psychological level and we saw a good rally from lower levels. Trades we took today - > Bought BankNifty 38000 CE at 280 which made a high above 550 and Traders booked great profit in this Trade > Bought BankNifty 38400 PE at 250 which we booked with 40 points loss > Bought BankNifty 38300 CE at 300 which we booked with 50 points loss > Bought BankNifty 38400 PE again at 260 which made a high above 400 and Traders booked great profit in this Trade Today BankNifty Option Buyers booked great profit. Tomorrow we can see a fast down-move if BankNifty breaks 37950 level but we also can see a short-covering expiry rally so trade with caution. Expectations for Tomorrow: Range-bound Day, Volatality after 1:00 PM. Intraday Levels: Buy Above 38160 Sell Below 37950 To motivate me, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
NSE:BANKNIFTY
by InvestPro_India
Simple Trade Setup | BANKNIFTY | 18-11-2021 [ INTRADAY]NSE:BANKNIFTY Observations: 1) On 1hr time frame, we can see that now it has come down to the middle trendline of major parallel range in which it was trading earlier. My personal view is that it may come down till 37500 and from that it can take good support from it. If not then on breakout of middle trendline of parallel channel it will bounce back. But if it faces resistance from middle trendline then it will be short trade. I am not able to adjust this channel in the levels chart so I am providing it separately. Please refer below chart : 1 hr Time Frame. 2) On daily time frame,it close below 50DMA and closed just above 38000 level. 50DMA is placed at 38408.22 level. If it goes below 38000 and sustain below then it is a sign of bearish trend. Please refer below chart : 1 day Time Frame. 3) On 15 min time frame, it is just at the bottom trendline of parallel resistance channel. Please refer below chart : 15 min Time Frame. ------------------------------------- Trade Setup for Date: 18-11-2021 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.
NSE:BANKNIFTY
by Trading_hawk
BANKNIFTY trend forecasting using Elliott Wave Principle Price has made extreme high, and impulse moves have started a correction. According to Elliott wave price confirmation, Safe traders can enter when the price breaks wave B at 40160 . Sub-wave C of wave 4 is about to complete. If price breaks wave B, It has the potential to make a new high. At present, the price has neither made higher-lows nor sub-waves of wave 5. If the trader wants an early entry with a small stop-loss, traders must wait for wave ((2)) sub-wave of wave 5. The common retracement of wave '2' is 61.8 %, and wave '2' never overlaps the starting point of wave ((1)). If the bank nifty starts to move downward, it will make a new leg then start marching upward. Stay in touch for regular updates. Show your support with likes and comments. Thank you. Quote of the day "If you can learn to create a state of mind that is not affected by the market's behavior, the struggle will cease to exist."- Mark Douglas
NSE:BANKNIFTY
by forextidings
7
Simple Trade Setup | BANKNIFTY | 11-10-2021 [ INTRADAY]NSE:BANKNIFTY Observations: 1) On daily time frame, if we put FIB retracement then we can see that it stayed between 50% and 61.80% level of FIB RETRACEMENT. Please refer below chart : 1 day Time Frame. 2) On 1hr time frame we can see that it is just above the upper trendline of parallel channel. Please refer below chart : 1 hr Time Frame. 3) On 15min Time frame, we can see it has been trading in decending triangle pattern. If it gives breakdown below then it will be bearish and if it gives breakout of the triangle wedge then it will be bullish. Please refer below chart : 15min Time Frame. ------------------------------------- Trade Setup for Date 11-11-2021: 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.
NSE:BANKNIFTY
by Trading_hawk
11