📊#BANKNIFTY INTRADAY LEVELS FOR Tuesday 19-01-2021 🎯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.
Bankniftyexpiry
BANKNIFTY WEEKLY ANALYSIS (JAN 21st EXPIRY)ALL the levels have been plotted on the chart.
Since budget is on 1st Feb, market can trade in a range ( calm before a storm ), however, we never know what's gonna happen next.
Believe in Price and do not take anything else has granted.
Please comment and let me know if you have any questions.
📊#BANKNIFTY INTRADAY LEVELS FOR THURSDAY 14-01-2021 🎯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.
📊#BANKNIFTY INTRADAY LEVELS FOR 6-01-2021NSE: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.
Banknifty Weekly Analysis - Jan 7th ExpiryAs long as Banknifty is trading in between the purple range, I am not expecting any big movement as such and hence will go for scalping trades if any.
Let's wait patiently for the market to breakout/breakdown of the range.
Nifty has already made an all time high, which is a good indication that Banknifty might also touch all time high before a big correction which is still pending.
However, I will be more aggressive towards selling rather than buying because the market is already too overstretched.
Don't rush.
Wait Patiently.
Preserve your Capital.
Cheers.
📊banknifty intraday levels for Thursday 31-12-2020 bbye🎈🎉🎊✨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.
📊#banknifty intraday levels for Wednesday 30-12-2020📈 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.
******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 - 24 Dec Expiry AnalysisBanknifty is forming a wedge pattern.
Here's my plan -
Case 1 - If there is a breakdown, the market can become trending and the fall might be scary.
Case 2 - If market sustains the upper level, I will prepare for a sideways market as 30000 will act as strong resistance.
Cheers.
#banknifty intraday levels for Thursday 22-10-2020Each level act as support and resistance one can trade on 3 min , 5 min, 15 min as per their intra trade setup. one check old published ideas.
21-10-2020 Oct levels worked like charm first went for long from24496 to 24819 then from that level it went till 24162(3 rd target short side) and from their it took support and again went till 24661 all and all great day , both side intra trades. one can check. if u like our ideas pleas help us to serve u batter by upgrading urs or ur friends tradingview through our referral link. or one can donate us coins too. thanks in advance. i can share tones of ideas regarding Indian market commodities and crypto too. but without premium trading view i can't help much , so please help me.
BANKNIFTY SIMPLE TRADE SET UP FOR NEXT WEEK HELLO FRIENDS,
HERE IS SIMPLE TRADE SET UP FOR BANK NIFTY, BANK NIFTY IS NOW IN VERY NARROW RANGE AS PER OUR HIGH LIGHTED BOX NOW BANK NIFTY ONLY BUY ABOVE 22765 FOR THE TGT OF 23500 AND BANK NIFTY SELL BELOW 22000 FOR THE TGT OF 21250 AS PER OUR VIEW MAJOR SUPPORT IS 21000 AND RESISTANCE IS 25000.
HAPPY TRADING FRIENDS.
BankNifty Intraday/Swing TradeBank Nifty has continuous 2 inside candle. We can derive two outcome whenever inside bar happens. Bullish or bearish breakout. Whichever side it breaksout, take the trade keeping other side range as SL. Target levels are given. You can initiate intraday or momentum trade using Option ce or pe. Do as per your choice.
Example: If the breakout happens on Upper side, then buy bn futures or buy ce or short pe. SL would be low of insider bar candle. If buying option, buy next week chain.
NOTE : Wait till breakout happens.
TARGET GIVEN ON AUG 22, ACHIEVED IN BNF ON AUG 28 SEE YOURSELF!!Hi Traders,
1. On the 22nd of Aug 2020, in my blog on BNF series the point no. 1 trading plan section is quoting for your consideration as proof that given targets on upside precisely achieved by index as usual without fail. Every word was written so meticulously that proves the presence of perfect manifestation of the move six days prior to the real action. " The red dotted line if taken out in both time frames then you see the price going to green dotted line and blue zone." you can see when taken out the condition on both time frames activated then the target was achieved. see the red dotted line was taken out with a white bullish candle and this time price did not dare test this red dotted line level and reached to green dotted and blue zone.
2. I did not stop here to manifest the whole move in advance here in point no. 2 of the trading plan section what I mentioned is quoting as proof of further visualization of the move "In case the price falls from the lower end of the above-mentioned zone that is a green dotted line and gets recovers after consolidation then the importance of blue line that is the upper end of green dotted line blue line zone will be mitigated. And the target, in that case, will be a green solid upper line." Here you can see how crystal clearly I mentioned the condition where if price falls from green dotted line then the blue line that is the upper line of zone gets mitigated otherwise has importance. See price did not fall from green dotted line whereas took the support of the same green dotted line and reached the blue line where took resistance showing in the pink box for continuous 5 hours. See condition was how precisely written that actual price action showed not filling from green dotted line fall has importance and held price here for 5 hours. when I manifest all moves so meticulously then you should earn money from my analysis. Who can give you all moves in advance so precisely on any platform available across India? I am using these words because consistently proving all my analysis since I started to write without fail. whether stocks or indexes. One of my motives is to make your trading easy.
3. On every support or resistance, I apply taken out conditions because among many I select those which have the potential to work. If any random resistance or support selected then instead of giving a clear perspective of trading they will confuse you by activating and going wrong later on. Now see the pink color circle which is showing a breached candle on the green line. Here I am showing how one has to deal with the taken-out condition a candle showing activation of taken out the condition on both time frames. The next candle is an entry point. And a stop loss of this entry is shown in the pink line. After that see had you followed my conditions religiously, you would have been the part of boom...
I showed the same entries many times in my blogs again showing for new readers. If you apply the same logic of entry on all given support and resistance I guarantee 80 % success rates rest is the cases of sideways moves of price but only with my support and resistance.
4. Now I show you what you see this week I already knew and not only showed in manifestation of my analysis. Even one of my followers wrote all his feeling in capital letters which reached my heart. And I had to disclose the same move on a week ago in comment box of nifty Agust 21, post.
ckirtane
Aug 22
DO YOU WANT TO SAY IF YELLOW SOLID LINE(11571) IS NOT TAKEN OUT THEN UPTREND (STARTED FROM 7500) IS OVER FOR THIS BULL RUN? AS PER CONDITION NO 2.& NEW DOWN TREND WILL START . SECONDLY IF WHITE SUPPORT LINE(11112) IS BROKE THEN NEW BEAR TREND WILL START? PLEASE CLARIFY FOR THE HELP OF ALL FOLLOWERS.
PLEASE ALSO COME ON BOARD AT LEAST ONCE IN 3 DAYS TO GUIDE US AS I STOPPED TRADING WITHOUT YOUR GUIDANCE.
yvatsji
Aug 22
@ckirtane, I am awfully sorry not posting on a regular basis. Your message the last line affected me much " stopped trading". My mission is maximum people make money by trading. That is why started providing clues so that they can understand and create money for themselves. I was against of it as is used for tips not for creating education. Though I started for the sake of traders. Now come to your query. See I posted three months back when nifty was at 7500 that bottom has made that I wrote in many posts of nifty. All available on record. In today's post, you are taking the wrong impression of a big fall. See price is in the impulsive wave it will give you small correction but will make a new high. The correction will be small. For your confidence, I disclose to you that the condition which I gave for the downside will not activate you will see the price going to 11700 in next week. If there will be a change in it I am capable to know the same time. Just your last line made me compelled to disclosing otherwise I do not prefer to give this concrete information to anybody. Start trading take clues by joining Trade "n" Grow.
Cheers.
setting the previous post fig by comparing it with the current fig above.
Trading plan for next week.
1. A blue trend line is seen in the current fig that is important to take out on both time frames of 15 & 1 hour. Then target would be a pink line green arrow showing this journey of price. Here I would like to mention sometimes condition gets activated and price moves in the upper side but after some times it converts its movement to the downside to test the trendline and if not consolidate here above the breached candle and does not cross the recent high, then chances to get failed will prevail. this trendline will give you false break out. so be cautious with stop loss even after activation of taken out condition.
2. on the contrary a white line is shown in fig if it is taken out in both time frames of any day then positional long should be covered. The complete structure could change to deep correction. But here also one condition that taken out condition is not met then you will see a bounce if that one could not take out august 28 high then get ready for a deep correction.
3. My words in the form of condition are valuable if could not understand properly then ........ For new readers writing taken out condition:-
Taken out condition works in the two-time frame combination for daily( 4 hr + 1 day) analysis. Similarly, work for lower time frames is also a two-time frame combination. For intraday trades 1 hr with 15 min. For taken out condition price has to complete in both time frames. Aggressive traders can take that side position in a lower time frame with the stop loss of breached candle low. In both the time frames given line is breached by a candle that candle high is to be breached by next candle and close should be above the previously breached candle. This is how taken out condition is being implemented.
YOGESH VATS
Disclaimer:- All trading positions should be taken from consulting your financial planner. This study is for educational purposes only.
Bank Nifty Expiry TradeStrong Demand Zone @ 23150-23250.
Minor Resistance @ 23450
Strong Supply Zone @ 23800-2400.
I will short the 23000 put for the next exp if it will manage to hold above 23150-23250.
Once it will trade above 23450 then I will go long in Fut for the target of next supply zone @ 23800-24000.