Bankniftyexpiry
BANKNIFTY CHART ANALYSED FOR 1 APRIL (expiry special levels)Did exactly what we’ve discussed yesterday
~ breached 33600 and made a low of 33200 within 30 minutes of market opening 🔥
More than 400++ fall seen right from our levels ✅
And that take to some crucial levels i.e the level 33600 which previously acted as a SUPPORT will act as a strong RESISTANCE and new SUPPORT made is 33200
One must keep in mind that 33200 level has been tested many times making it weak and much vulnerable, also the market being sideways past few days may and also a dull expiry last week might make this expiry an interesting one
So we can wait for 33200 to be broken with proper candle close to confirm the further downfall 🙏🏼
Banknifty ExpiryIf the market is within the range, then it doesn't have much space to move.
If it breaks the support where the buildup is happening. it can go up to 32700 (1st Target) & 32550 (2nd Target for aggressive sellers).
I am mostly biased towards sideways to downtrend.
Please comment and let me know if you have any other ideas or observations or queries. Please feel free to reach out to me on Trading View.
BANKNIFTY CHART ANALYSED FOR 25th MARCH 2021The majestic 33400 is broken below and also reversed back from 33200 so what’s next now..??
According to me,
There’s still some space below which BANKNIFTY can fill till 32800
BUT
it has to close below 33200 with proper candle close!
Another 400-600 points fall can be witnessed if 33200 is broken below ✅
Else expecting a INSIDE candle tomorrow 🚨
BankNifty Head & Shoulders PatternA continuation pattern of Head & Shoulder appears to be forming. The right shoulder is yet to form. Tomorrow, I expect the market to be volatile and trending on Wednesday or Thursday.
A sharp selling will occur below 33350 level but there has to be a small retracement towards upside before continuing down.
Bank Nifty Intraday Trade Setup | 18th March 2021As we analyzed yesterday, BankNifty traded in a range the whole day and broken the support in the last 30 mins. As per setup, the Sell trade triggered below 34750 and hit all the targets.
We sold 34500 PE at 255 near support in the morning and booked great profits.
Expectations for Tomorrow: Volatile Moves.
Resistance: 34560
Support: 33850
Intraday Levels:
Buy Above 34360
Sell Below 34200
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Bank Nifty Intraday Trade Setup | 10th March 2021Today BankNifty above our Buy level and showed a good up-move. We took sell trades in SBI and HDFC Bank and booked great profits in Stocks. We also sold BankNifty Fut at 36125 with an SL of just 80 points and got a good fall of approx 600 points.
Overall it was a great day.
Expectations for Tomorrow: Range bound day
Resistance: 36120
Support: 35550
Intraday Levels:
Buy Above 36120
Sell Below 35750
I would try to post the expiry options trade for 2x-3x return.
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Bank Nifty elliott wave analysis for 22feb 2021 onwardIn 30min chart of bank nifty wave (i), (ii) and (iii) is completed at 31630, 31232 and 37708 respectively and wave (iv) is either completed at 35584 or complete in 35584-35234 range. wave (v) is still pending above 37708.
36180-35234 support range and BN is negative only below 35234.
📊#BANKNIFTY INTRADAY LEVELS FOR 11-02-2021NSE:BANKNIFTY
📊 Each levels Act as support and resistance📈📉. one can trade on 3min, 5min and 15 min as per their trade set up. for reference one can check our old published ideas.
if any candle taking support from any level then try to identify that is that reversal candle at support or what if that is reversal candle then go long above that reversal candle and stop loss can be below that support line or that reversal candle's low whichever lower, same way if any candle getting resistance from any resistance level and if one can find reversal candle for short over there then one can short below that candle and stop loss can be that resistance line or that reversal candle's high whichever higher. even one use their own trade setup with these levels. everyday levels are different and same way the candles which gonna be formed on support or resistance can be different so cant say here perfect numbers to buy or sell or stop loss . hope one can understand that better to trade with own wisdom in live market even check future chart as well for better profitable trade.
******whatever charts or levels sharing here are just for educational purpose only not a recommendation. please do your own analysis before taking any trade on them. we are not SEBI registered.
Upcoming 11th Feb Expiry Banknifty View In the last trading, session banknifty has shown the shooting star candlestick near Fibonacci retracement level 35930 level. Expected this week It will close in the negative direction. This will give a healthy correction of 40-50%(nearly 3000 points) in banknifty after a strong bullish rally.
Note: This view only valid if banknifty trading below 35450 in tomorrow session. This view fails if it is close above 36650 so we can place stop loss for the short position.
Disclaimer: Consider this view as an educational purpose only. If you want to trade on it then don't forget to take advise from your financial advisor. Also, Trade only with risk management.
📊#BANKNIFTY INTRADAY LEVELS FOR 4-02-2021NSE:BANKNIFTY
📊 Each levels Act as support and resistance📈📉. one can trade on 3min, 5min and 15 min as per their trade set up. for reference one can check our old published ideas.
if any candle taking support from any level then try to identify that is that reversal candle at support or what if that is reversal candle then go long above that reversal candle and stop loss can be below that support line or that reversal candle's low whichever lower, same way if any candle getting resistance from any resistance level and if one can find reversal candle for short over there then one can short below that candle and stop loss can be that resistance line or that reversal candle's high whichever higher. even one use their own trade setup with these levels. everyday levels are different and same way the candles which gonna be formed on support or resistance can be different so cant say here perfect numbers to buy or sell or stop loss . hope one can understand that better to trade with own wisdom in live market even check future chart as well for better profitable trade.
******whatever charts or levels sharing here are just for educational purpose only not a recommendation. please do your own analysis before taking any trade on them. we are not SEBI registered.
BANKNIFTY WEEKLY ANALYSIS - 4th Feb Expiry (BUDGET BOMB !!!)Banknifty has retested the 30850 level already.
I am expecting sharp selling below 30220 level.
Hence, my plan is mostly sideways to downtrend directional trading and selling call is preferable since IV (Intrinsic Value) will be high and we can get the good premiums.
All the imp levels are marked on the chart.
Cheers.
📊#Banknifty Intraday Levels For Friday 29-01-2021NSE:BANKNIFTY
📊 Each levels Act as support and resistance📈📉. one can trade on 3min, 5min and 15 min as per their trade set up. for reference one can check our old published ideas.
if any candle taking support from any level then try to identify that is that reversal candle at support or what if that is reversal candle then go long above that reversal candle and stop loss can be below that support line or that reversal candle's low whichever lower, same way if any candle getting resistance from any resistance level and if one can find reversal candle for short over there then one can short below that candle and stop loss can be that resistance line or that reversal candle's high whichever higher. even one use their own trade setup with these levels. everyday levels are different and same way the candles which gonna be formed on support or resistance can be different so cant say here perfect numbers to buy or sell or stop loss . hope one can understand that better to trade with own wisdom in live market even check future chart as well for better profitable trade.
******whatever charts or levels sharing here are just for educational purpose only not a recommendation. please do your own analysis before taking any trade on them. we are not SEBI registered.
📊#BANKNIFTY INTRADAY LEVELS FOR THURSDAY 28-01-2021NSE:BANKNIFTY
📊 Each levels Act as support and resistance📈📉. one can trade on 3min, 5min and 15 min as per their trade set up. for reference one can check our old published ideas.
if any candle taking support from any level then try to identify that is that reversal candle at support or what if that is reversal candle then go long above that reversal candle and stop loss can be below that support line or that reversal candle's low whichever lower, same way if any candle getting resistance from any resistance level and if one can find reversal candle for short over there then one can short below that candle and stop loss can be that resistance line or that reversal candle's high whichever higher. even one use their own trade setup with these levels. everyday levels are different and same way the candles which gonna be formed on support or resistance can be different so cant say here perfect numbers to buy or sell or stop loss . hope one can understand that better to trade with own wisdom in live market even check future chart as well for better profitable trade.
******whatever charts or levels sharing here are just for educational purpose only not a recommendation. please do your own analysis before taking any trade on them. we are not SEBI registered.
Banknifty Monthly Expiry - JanBNF is trending for the past 3 days and I am expecting a sideways market.
Upper Level - 30900
Lower Level - 30300
If market opens gap up, then it will take support at today's closing price and move up, bc the put side premiums are very high.
If market opens flat, then it can continue downwards, but I will be careful towards selling, bc sellers are already in good profits.
📊 Banknifty intraday levels for Monday 25-01-2021 🎯NSE:BANKNIFTY
📊 Each levels Act as support and resistance📈📉. one can trade on 3min, 5min and 15 min as per their trade set up. for reference one can check our old published ideas.
if any candle taking support from any level then try to identify that is that reversal candle at support or what if that is reversal candle then go long above that reversal candle and stop loss can be below that support line or that reversal candle's low whichever lower, same way if any candle getting resistance from any resistance level and if one can find reversal candle for short over there then one can short below that candle and stop loss can be that resistance line or that reversal candle's high whichever higher. even one use their own trade setup with these levels. everyday levels are different and same way the candles which gonna be formed on support or resistance can be different so cant say here perfect numbers to buy or sell or stop loss . hope one can understand that better to trade with own wisdom in live market even check future chart as well for better profitable trade.
******whatever charts or levels sharing here are just for educational purpose only not a recommendation. please do your own analysis before taking any trade on them. we are not SEBI registered.