BANKNIFTY 25TH JUNE (LONG)BANKNIFTY is creating cup and handle pattern in which cup has been formed and the handle is pending I am expecting a breakout on expiry of @1JULY till then bank nifty is not safe to trade for beginners or safe traders once the breakout is been rectify it will continue the bull rally the next resistance zone for bank nifty will be 35650-35800 or simply you can take the entry once bank nifty has breached the level of 35300 on 15min time frame after breakout the next level will be 35500 bank nifty will make halt on that level and it will act as pullback till banking sector comes in the lead
Bankniftyexpiry
AGM OF RELIANCE, MONTHLY EXP, A day full of events for BANKNIFTYBANKNIFTY gave good closing which was around the NECKLINE of W pattern!
Below that 34360-34560 is a NO TRADING ZONE wherein multiple rejection has been found
Our view is still bulish though the bears have overpowered bulls for some days, we can expect some SURPRISES which INDIAN market is known for !
And event being MONTHLY EXPIRY and AGM meeting of RELIANCE can drastically affect the market!!
Bank Expiry Trade Setup | 17th June 2021BankNifty opened a flat and took support near our Sell level and went up. It faced resistance at our Buy level, couldn't sustain above that, and came down. We got sell opportunity as per set-up when it broke 35100 zones and gave good profit.
Expectations for Tomorrow: Rangebound day, volatility after 1:30 PM.
Resistance: 35283
Support: 34636
Intraday Levels:
Buy Above 35150
Sell Below 34900
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Bank Expiry Trade Setup | 10th June 2021BankNifty opened flat and made a bullish candle on 15 mins time frame, it went up and took resistance at the yellow line we drew on the chart. It spent almost 2.5 hours in 100-120 points range and we saw a sharp sell-off. We tried 35300 PE in the morning but due to range-bound, it didn't work. We again took a position in 35000 PE around 190 which made a high of 400 within 30 mins.
The range for tomorrow is bigger and expecting volatile moves in the morning and the last 2 hours of sessions hence novice traders trade with caution and keep your quantity low.
Expectations for Tomorrow: Range bound, volatility after 1:00.
Resistance: 35254
Support: 34186
Intraday Levels:
Buy Above 35050
Sell Below 34640
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
BANKNIFTY CHART ANALYSED ( expiry special ) Do not short unless it breaks 35000 mark which is both a psychological anda logical level!
As you can see in the last hour it did broke above as you can see the trendline break and also a consolidation breakout that means bear are very active at current levels which could also lead to possible gap up opening tomorrow ✅
No bears would be invited unless it breaches 35000 mark and If it breaches that 35000 mark we can see some Sharp selling
So key SUPPORT to look at is 35000 level
R1 being 35560-35600
Must watchout these levels before making any new position☑️
BanKNifty Expiry Special IntraDay LevelHello Traders,
Hope you all are fit and fine ... Stay Safe and Trade safe...!
As predicted yesterday, BnkNifty Opened Gap Down ... Today...😎
Resistance Level :
1. Strongest Resistance exists at 35500.
2. Next Strong Resistance at 35800.
3. Stronger Resistance at 36000.
4. Good Resistance has developing at levels from 35500 to 35800.
Support Level :
1. 35000 has become Strong Support Level .
2. Good Support Below is 34500 Level.
3. Good Support Zone between 35100 and 35300.
SideWays Possibility :
More Chances of Sideways market at for the first half, Between the Range 35500 to 35000.
TrendLine :
Sell below green trend line and at levels of 35500 when you see reversal from this level.
*Note : Try to Trade in Second Half, so that the picture would be more clear ...on buying and selling side.
It's an Expiry Day ... trade keeping in mind that Option Premium decays more than usual day.
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 share your thoughts into comment section.
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BANKNIFTY CHART ANALYSED ( EXPIRY SPECIAL LEVELS)It could be a highly volatile day as it is still trading In range and the range is quite wide enough ranging from 35200 to 34200 and it create huge volatility between these two levels !
Safe players can avoid if any of these levels is not broken ! Expecting a volatile market today
Important levels mentioned in charts
BankNifty Expiry Special 27/5/2021Hello Everyone,
Hope you all are fit and fine ... Stay Safe and Trade safe...!
As predicted in previous analysis, BnkNifty Open Up with small gap and was in Sideways rest of the day.
Resistance Level :
1. 35000 is immediate Strongest Resistance level .
3. Good resistance exists at 35500 and Strong Resistance is developing from 35000 to 35500.
Support Level :
1. 34500 is Strong Support level .
2. 34000 is next Good Support Level .
Sideways Possibility :
80% chances of sideways market, between 34500 and 35000 .
Trend Line :
Voilet Line - Blue Line : Sell Below Voilet Trend Line and Blue Trend Line, till Big Green Support Line .
Green Line : 1. Sell Below Big Green Support Line at 34500 if broken by large volume and price sustains below it for atleast 5 min.
2. Buy Above Big Green Support Line at 34500 when you see a revarsal, as you saw in the morning
* Voilet Line a New Resistance forming in next half of the Day will play an important role tomorrow, trade safe near it.
Important Note:
Need large volume to break 35000.
As the Resistance is building strong at 35000 level it seems that at least for first half market would be in down and sideways.
*Imp Note :
Support and Resistance Marked keeps on changing as the day progresses and new trader joining.
Strong Support and Resistance will act atleast for first half and may be broken with large volume .
Try to Sell Options, time decay benift you will get.
This is not Buy and Sell recommendation to any one.
This is for education purpose and a helping hand to all retail traders to learn Market.
I hope you all like my analysis.
Please do share your thoughts into comment section.
Please hit the Follow button to get the regular analysis.
Please give a like, it motivates me to do analysis and do share with your friends as well.
BankNifty 20/5/2021 Expiry SpecialHello Everyone,
Hope you all are fit and fine ... Stay Safe and Trade safe...!
As predicted market was sideways between 33900 and 33700.
BankNifty to Open Gap Down .... Tomorrow.
Resistance Level :
1. 34000 to 34500 is next level of Resistance developing.
2. 34000 is strongest Resistance level .
Support Level :
1. 33500 is next Support level .
2. 33000 is next Support level.
Sideways Possibility :
More chances sideways market if sustains above 33500.
Trend Line :
Buy Above 33600 and above Trend Line
Sell below 33500 and below trend line.
Most Important :
BnkNifty is in Down Trend as indicated by Indicator forming LL and LH.
BnkNifty will try to fill the Gap created yesterday.
In morning first 1 hrs you can see the selling pressure to fill the Gap. It will hault around 33500 as being the Strong Support.
If this level is broken with large volume then a good down fall can be seen till 33000.
I hope you all like my analysis.
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BankNifty 12/05/2021 Expiry Special Hello Everyone,
Hope you all are fit and fine ... Stay Safe and Trade safe...!
Tomorrow is expiry for the week as Thursday is a Holiday..!
BankNifty to Open Gap Down ...!
Resistance Level :
1. 32900 to 33000 is Strong level of Resistance, of which 33000 is strong level.
2. 33500 is other strongest Resistance level , there is decent resistance level developing from 33250 to 33500.
Support Level :
1. 32800 is next Support level .
2. If there is huge Gap Down and 32800 to 32700 level is broken then, 32500 is Strong Support level below.
Sideways Possibility :
Considering the Resistance at 33000 and Support at 32500, more chances of sideways market can be seen.
Premium eating day .. Call buyers just be careful.
Note : Don't take a trade for first 15 min, let the market make the move and then trade. For Scalpers no suggestion.
I hope you all like my analysis.
Please do share your thoughts into comment section.
Please give a like, it motivates me to do analysis and do share with your friends as well.
Bank Nifty Expiry Trade Setup | 6th May 2021As analyzed, BankNifty opened positive and we saw both side's crazy moves in the morning. I have suggested buying 33000 CE around 10:00 in the public channel which went from 170 to 230 odd levels. Overall a positive day as mentioned in the morning.
TradePro Premium members bought BN Fut around 32500 which easily gave 200+ points profit. SpanAttack subscribers also booked great profit in 33000 CE thrice today.
I would try to post Expiry jackpot trade in Public Channel for Options Lovers.
To get SpanAttack Strategy daily updates and Options Buying Trade, subscribe to our premium group.
Expectations for Tomorrow: Range-bound day.
Resistance: 33074
Support: 32280
Intraday Levels:
Buy Above - 32860
Sell Below 32650
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
Banknifty 6/5/2021 Expiry SpecialHello Everyone,
As per my analysis, BnkNifty will Open GAP DOWN.
32900 is strong Resistance.
32450 to 32500 is strong Support.
If there is Gap Up opening above 32950 then GOOD Upward rally can be seen.
If there is Gap Down opening and if 32450 level is broken then GOOD Downward rally can seen.
Market can be seen sideway between 32450 and 32900 levels.
I hope you all like my analysis.
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Bank Nifty Expiry Trade Setup | 29th April 2021BankNifty opened with gap-up and continuously moved up, now we are near the resistance and we may see price rejection near the yellow resistance line.
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Expectations for Tomorrow: Range bound day.
Resistance: 34053
Support: 33116
Intraday Levels:
Buy Above 33800
Sell Below 33590
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Bank Nifty Intraday Trade Setup | 22nd April 2021As we analyzed, it was a trending day. BankNifty made a high in the first candle and made lower lows lower highs the entire day. SpanAttack Subscribers bought 31200 PE around 198 which gave great profit.
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I would be posting Expiry Jackpot trade for Option Lovers in the Public Telegram channel, If not joined yet you can find the link in the signature section.
Expectations for Tomorrow: Rangebound day.
Resistance: 31599
Support: 30758
Intraday Levels:
Buy Above 31220
Sell Below 30990
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Bank Nifty Expiry Trade Setup | 15th April 2021As we analyzed, yesterday was a volatile session and we saw both sides move. Buy Trade triggered as per Trade Setup and all targets achieved.
Trading Room subscribers sold Nifty around 10:15 as per SpanAttack Strategy and saw around 100 points fall and then Buy around 1:15 which again gave great profits. Option Traders made more than 50% profit easily.
To get SpanAttack Strategy daily update and Options Trade, subscribe to our Premium Trading Rooms as per your preference.
I would try to post Expiry Jackpot Trade for option lovers in the Public Telegram channel.
Expectations for Tomorrow: Rangebound day and Volatility after 1:15 PM.
Resistance: 32200
Support: 31035
Intraday Levels:
Buy Above 31800
Sell Below 31500
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Banknifty 15/04/2021 Expiry SpecialHello Everyone,
Hope you are enjoying my predictions/analysis, just go through Banknifty 13/04/2021 -- Gudipadwa analysis and check my analysis for 31200 level as Resistance level.
As i said there would be Gap-up opening and we saw a resistenace near 31200 level, and as it was broken with large volume 1.30 pm it touched the level of 31800.
This was regarding previous day.
For expiry, there can be small Gap-down opening.
31600 is immediate support, if this support is not broken we can see a good Upward movement to cover up the Gap.
Otherwise a good downward movement till 30900.
Bank Nifty Intraday Trade Setup | 8th April 2021As we analyzed yesterday it was a trending day for BankNifty. It made low in first 5 mins, once broke the high of 15 mins candle then all day up.
I mentioned about Spanattack strategy which gave us good trade which I shared in the Public Telegram channel and it has approx 80-85% accuracy.
Expectations for Tomorrow: Range-bound day.
Resistance: 33400
Support: 32333
Intraday Levels:
Buy Above 33050
Sell Below 32850
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team