BANKNIFTY Intraday Trade Setup for 02 Dec 2021 Buy-Above 36450 Sl-36350 T-36632 36774 36895 Sell-Below 36000 Sl-36100 T-35800 35500 BANKNIFTY has been strong since starting. The short-term bullishness will continue above 36500 . Above 36500 350-400 points direction move will come. For selling aggressive move in the short side will come below 36000. Also keep...
BankNifty 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...
Keep 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....
Understanding trades of banknifty future for 25.11.2021 (thursday). in one place place i mentioned tomorrow's date as 25th "December", it is a mistake please consider it , and take it as 25th November.
BankNifty 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...
Bank Nifty Trade Plan for 18 NOV 2021 Expecting Bank Nifty to open flat to small gap down today. Bank Nifty good support is found around 37780 and can expect some reversal trade to CPR today. If CPR taken out we can expect it test 38300. Expecting Bank Nifty to be in a range bound today being expiry.
Understanding trends through supports and resistances.
Understanding trades of Bank nifty future for 18.11.2021 (Thursday-Expiry).
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...
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...
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...
BankNifty opened with Gap-up near our Sell level, we saw a free fall once BankNifty broke 39200 and BankNifty took support in the 38900 zones. Trades we took today - > Bought BankNifty 39200 CE at 190 which we booked with 20 points profit > Bought BankNifty 39200 PE at 330 which made a high around 450 but only a few Traders could take this trade as the move was...
Understanding trades of bank nifty future for 11.11.2021.
hello friends we are providing the intraday levels of nifty and banknifty as per demand and supply zones & as per option chain open interest . its a combination of both fundamental and technical analysis. plz give feedback about analysis its very helpful to us.
Nifty Bank Futures Key Trading Level for 9th Nov 2021 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...
Bank Nifty is following this trend since 29th and in 1 day candle we can see a clear Doji candle. If it'll break this trend we can expect a good down side expiry this week or if it'll retest this trend line and follow up trend we expect a good up side tomorrow. Until it touches the line trading bank nifty should be avoided. It's my first article on Trading View...
> Market Will be in range until it breaks RES_40150 & SUP_ 39600 levels >If Support 39600 level will Break then the Fall will be up to 39150 level. >If Resistance 40150 Will break we can Expect upmove up to 40600 level. >Support will Become Resistance and Resistance will become Support once the level Breaks. *Always Enter With good confirmation & Maintain...
Hello Traders, Wish you all a Great and Happy Diwali. Stay safe and enjoy with your family members. Strategy to follow : Avoid 3rd Nov Expiry Trading ... Trade next weeks expiry. Please trade accordingly the levels marked. 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...