GET READY FOR BULL OF THE DAY BANK NIFTYFOLLOWUP TRADE
ONE MORE PUSH TOWARDS 20500 EXPECTED WITH BULL FLAG
ALL TARGETS HIT
Bankniftyexpiry
Bank Nifty View for 20 Mar 20Support is seen around levels
S1-19624
S2-19356
Trade Plan
Using the levels to go long for
T1-20311
T2-20481
Respect Risk....Happy Trading
Views are for educational purpose only...trade @ ur own risk
Nifty Bank intraday targetBank Nifty and Nifty 50 pulled back of 19th (today) due to weekly option expiry day PUTS closure..
The actual target for the bank nifty for the weekly candle is 17000 and stoploss hunting
which could fall upto 16800 or 16700.
Bank Nifty View for Weekly Expiry 19 Mar 20Down trend is expected to continue in its final leg down
Strong Resistance seen around 21064-489-867 levels, if the levels held T1-19923 & T2-18897 is quite possible
Bank Nifty: Weekly Expiry Trading PlanPlease find the Trading Zones in the chart.
I am carrying my long position from 30300 (spot). Every breakout of supply zone I added my long position. Find the link below.
Tomorrow if it will sustain above 31050 then I will for the target of 30160. If it will sustain above 31160 then I will add a more long position and my next target will be 31300-31380. If it will sustain below 31000 then I will go with option writing trades.
Trade Well.
Bank Nifty Weekly Expiry Hello,
BNF strong Demand zone @ 31500-31800 and nearest supply zone @ 30900-31050. Expiry is possible in this range.
Avoid short position tomorrow.
Thank X
Trade well
Bank Nifty: Near To Major Demand ZoneHello,
BNF strong demand zone @ 30500-30800. I will prefer to short on bounce.
I will make a short position if it will come to 31500.
I will make a short position if it will sustain below 30900.
If it will be sideways that I may sell 31500 call
BANK NIFTY TRADE PLAN FOR 15 NOV 19In an early day we can expect a rise towards 30881 which is seen as a resistance zone for BN....
if held we can possibly see 30546-30455-30339-30017
BANK NIFTY HEADING TOWARDS RESISTANCE Strong resistance seen around R1 31002-31069 & R2 31635-31749.
BN @31115 which is R1 zone ...breaking the levels can move towards R2
use the levels to short with strict stops
Respect risk....Happy Trading
SEEMS LIKE MARKET TRYING TO TRAP BULLS BE CAUTIOUS BULLSStrong Resistance seen @ 30707 levels
Cautious stance on higher side will be a good idea
Possibly we may see 29917 levels in coming sessions..
USE HIGHER LEVELS OF 28600-29000 TO GO SHORTCautious stance is the best way to trade BNF now....any rally can be used to short BNF....respect risk
BankNifty Expiry for 26-Sept-2019Trend : Down
Range for expiry : 30400-28700
Above 30100 Bullish, until this is breached we can sell CE's
Bank Nifty can take a breather and march towards 26800waiting and going short will be the best strategy as of now.....Respect risk .....Happy Trading
BANK NIFTY @ to push higher for 28601-29002-29408BNF is @ important support level ...if 27799 held go long for T1-T2-T3 .....around 23 Aug
Banknifty Sellers are in ControlBanknifty Sell Near 30700-30750
Stoploss 31000 Target 30000-29800
Reasons For Trade- 1. Daily Trend Is down
2.Price moving in 15 minute channel
3.Bearish candlstick pattern formed near important support
4. Price has taken strong resistance of 200+50 days EMA on Hourly Chart
5. Risk Reward ratio is 1:2
Bank Nifty | Clear signs of weakness - 30K criticalInitial visual inspection shows the index is recently trading sideways between 30230 and 31715. Point to notice here is that we could observe a negative divergence through oscillators i.e. RSI and MACD. That clearly indicates a negative bias. So by considering these factors, index falling to 30230 (further 400 pts away from current level) now almost looks inevitable.
Once BankNifty hits that level, it is important to observe how it responds to that level. Because apart from being range bottom, trendline could offer some support to the index and immediately below that is a strong round number 30K. Hence existing shorts can be held until 30230 and any new positions have to be reactive based on how Bank Nifty responds from then on.
(Disclaimer: Our charts and contents are just for the purpose of analysis, learning and general discussion. Do not consider these as trading tips or investment ideas. Trading in Stocks, Futures and Options carry risk and is not suitable for every investor. Hence it is important to do your own analysis before making any investment or trading decisions based on you personal circumstances and it is always better to take advice from professionals)
Banknifty Buy After PullbackBanknifty Buy Near 31220-31200 Stoploss 31000 Target- 31500-31800
Reasons for Trade-1. Today is Budget day haigh volatility is expected 2. Daily Trend is Up 3.Price can take support from channel. 4.on 2Hr Chart 50 EMA support is available at 31125. 5.31070 important Horizontal Support. 6. Risk Reward Ration is more than 1:1.5
BANK NIFTY | Rounding Top spottedRounding Top pattern observed in Nifty Bank. Neck level is at 30200, which if the index breaks decisively, can be considered for Short selling. Target of the pattern comes at 28620.
We could also find that 61.8% Fibonacci retracement level of the previous swing falls at around 28600 coinciding with the pattern target. Hence if the index falls, 28600 region would act as a strong support. But for now 30200 hold the key and currently 30560 is acting as a resistance on the upside.
