Hello Traders, Following are my analysis: Resistance Level : 1. Good Resistance Zone at 37200-300 2. Strongest Resistance at 37000. 3. Good Resistance at 37200. 4. Strong Resistance at 37500. Support Level : 1. 36200 is Good Support Level . 2. 36000 & 36500 is the Strong Support Level . 3. 36600-700 Good Support Zone Sideways market: 37000-37300 .. if market...
BankNifty opened with a gap-up and we saw a morning rally towards 36997. We bought 36900 PE around 220 which went to around 390 and Traders booked great profit. We also bought 36400 and 36500 CE and booked great profit in these trades too. Overall it was a great day. BankNifty formed a bearish candle on a daily time frame and we would see another down move if BN...
As mentioned we saw good selling from 35900 - 36000 zone, we bought 36000 PE in the morning at 270 which went to above 450 in just 15-20 mins. After, initial move, we traded in a small range for almost the entire day. We also bought 35800 PE and 35500 in the second half and Traders booked good profit in both the trades. Today, BankNifty was able to hold the...
Hello Traders, Following are my analysis: Resistance Level : 1. Good Resistance Zone at 36100-200 2. Strongest Resistance at 36000. 3. Good Resistance at 35800. 4. Increasing Resistance above 36000. 5. Strong Resistance Zone 35700-900 Support Level : 1. 34800 is a Small Support Level . 2. 35200-300 Good Support Zone 3. 35500 is Stronger Support Level . 4. 35000...
Option Buyers waiting for short covering. Banknifty crashed form top today. Time for short covering.
Understanding future trades of banknifty future for 18.08.2021 (Wednesday).
BankNifty opened with a Gap-up near our upper resistant line and we saw a sharp selling from upper levels as per our analysis. We bought 36300 PE in the morning around 300 which went to above 700 and Traders made a great profit. In the afternoon we also bought 35600 CE at 270 and added more at 240 which went to above 380 and again gave good profit. For tomorrow,...
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Hello Traders, Following are my analysis: Resistance Level : 1. Strong Resistance Zone at 36200-400 2. Strong Resistance at 36500 3. Good Resistance at 35800 4. Increasing resistance above 36500 Support Level : 1. 35600-700 is Good Support Zone . 2. 35700 is a small Support Level . 3. 35500 is Stronger Support Level . No Trade Zone : 35700-800 This is not Buy...
BankNifty opened with gap-up and continued the bullish momentum, It opened our Buying level and kept going up. We bought 36200 PE at 190 which gave us a good profit. As the trend is up, look for the buy on dips opportunity in the morning session. Tomorrow is expiry and we have seen 1500 points rally in two sessions, we may see rangebound day and volatility after...
Hello Traders, Following are my analysis: Resistance Level : 1. Good Resistance Zone at 36200-300 2. Strong Resistance at 36500 3. Stronger Resistance at 36200. Support Level : 1. Strongest Support at 35000. 2. Stronger Support at 35500. 3. Strong Support Zone at 35700-800. No Trade Zone : 36000-100 Trend Line: Buy Above Red Trend Line at Levels 36100 &...
BANKNIFTY Intraday Trade Setup For 29 Jul 2021 Buy- Above 34580 Sl - 34490 Target - 34735 34900 Sell - Below 34345 Sl- 34430 Target- 34230 34120
BankNifty opened with a gap-down below our sell level 34900 which was a crucial level and we saw a sharp selling towards the 34350 zones which provided the cushion towards 35550. Expectations for Tomorrow: Range-bound day, volatility after 1:30 PM. Intraday Levels: Buy Above 34620 Sell Below 34350 To motivate me, Please like the idea If you agree with the...
Hello Traders, Following are my analysis: Resistance Level : 1. Good Resistance Zone exists at 34600-800 2. Strongest Resistance at 35000 . 3. Stronger Resistance at 36000 4. Strong Resistance at 34500. * Increasing resistance above 35000. Support Level : 1. 33500 is Strongest Support Level . 2. 34000 is a Strong Support. 3. 34200 is Good Support. Sideways...
As analyzed it was a volatile day, BankNifty opened with a minor gap-down and came towards 35500 levels, it formed the same pattern as yesterday and was not breaking the morning low. We bought 35400 CE at 265 and added more at 230-220 levels that gave good profit. In the second half, we bought 35800 and 35900 PE and both gave great profit. For tomorrow, if...
👑 Drop a like if you feel its worthy and 👑 Follow here: in.tradingview.com 👑 My logic : 1) Strong resistance around 35,800 on 1hr time frame and 1D time frame, means it has to get past these levels with power on 1hr and had to sustain on these zones for the whole day to give breakouts on both timeframes for a sustained bullish rally ahead 2)In this type of...
Hello Traders, Following are my analysis: Resistance Level : 1. Good Resistance Zone exists at 35700-800. 2. Strongest Resistance at 36000 . 3. Strong Resistance at 35700 * Increasing resistance above 36000. Support Level : 1. 35500 is Strongest Support Level . 2. 35000 is a Strong Support. 3. 35200-500 is Good Support Zone . No Trade Zone :...
BankNifty opened flat, took support near 35400 zones and we saw an up-move towards the 35700 zones. We bought 34700 PE at 190 which gave good profit in the morning. BankNifty was trading in 200 points range for almost the entire day 35500-35700 which was broken on the upside in the last 30 mins. Expectations for Tomorrow: Range-bound day volatility after 1:00...