Simple Trade Setup | BANKNIFTY | 30-06-2022 [INTRADAY]NSE:BANKNIFTY
Observations:
1) On 15min time frame, we can see that it has been staying in range during the intraday trading since last two trading session.
For simple trading on expiry keep high and low of today and keep it simple to buy above today's high and sell below today's low
Please refer below chart : 15min time frame.
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Trade Setup for 30-06-2022
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
Bankniftyexpiry
BankNifty Daily Levels Update For Option Day TradingNiftybank Possible Trade in Option for 29 june 2022
When to Buy Call Option in Niftybank –
Trade Entry – If Niftybank Sustain Above Support (33730) You Can Buy ATM call Option –
Trade Target – For upside First Target for Niftybank is 34130 and Second Target is 34430
Trade Stoploss – If any 30 min candle Closes Below 33675 or max .35 Points
When to Buy Put Option in Niftybank –
Put Side First Trade
Trade Entry – If Niftybank Sustain below 33675 or Closes any one Hour Candle below 33675
Trade Target – For Down side Tomorrow First Target for Niftybank is 33430 & Second Taarget is 33230
Trade Stoploss – If any 30 min candle Closes Above 33730 or max . 35 Points –
BankNifty Daily Levels Update For Option Day TradingNiftybank Possible Trade in Option for 28 june 2022
When to Buy Call Option in Niftybank –
Trade Entry – If Niftybank Sustain Above Support (33730) You Can Buy ATM call Option –
Trade Target – For upside First Target for Niftybank is 34130 and Second Target is 34430
Trade Stoploss – If any 30 min candle Closes Below 33675 or max .35 Points
When to Buy Put Option in Niftybank –
Put Side First Trade
Trade Entry – If Niftybank Sustain below 33675 or Closes any one Hour Candle below 33675
Trade Target – For Down side Tomorrow First Target for Niftybank is 33430 & Second Taarget is 33230
Trade Stoploss – If any 30 min candle Closes Above 33730 or max . 35 Points –
BankNifty Daily Levels Update For Option Day TradingNiftybank Possible Trade in Option for 27 june 2022
When to Buy Call Option in Niftybank –
Trade Entry – If Niftybank Sustain Above Support (33730) You Can Buy ATM call Option –
Trade Target – For upside First Target for Niftybank is 34130 and Second Target is 34430
Trade Stoploss – If any 30 min candle Closes Below 33675 or max .35 Points
When to Buy Put Option in Niftybank –
Trade Entry – If Niftybank Sustain below 33675 or Closes any one Hour Candle below 33675
Trade Target – For Down side Tomorrow First Target for Niftybank is 33430 & Second Taarget is 33230
Trade Stoploss – If any 30 min candle Closes Above 33730 or max . 35 Points –
BankNifty Analysis/Prediction for weakly expiry 23-06-2022NSE:BANKNIFTY Analysis/Prediction for tomorrow's expiry 23-06-2022
For Flat/ Gap-UP Opening
🟢 Buy CE above 33150
🏆 Target will be 33500
🔴Buy PE below 32750
🏆 Target will be 32430, 32150
For Gap-Down Opening
🟢 Avoid CE
🔴 Buy PE Near 32770
🏆 Target will be 32430, 32150
Note:
Wait for the 5-minute candle to close for confirmation.
If market opens with big gap, always wait for price action.
BankNifty Daily Levels Update For Option Day TradingNiftybank Possible Trade for Tomorrow
When to Buy Call Option in Niftybank –
Trade Entry – If Niftybank Sustain Above Support (32550 ) You Can Buy ATM call Option –
Trade Target – For upside First Target for Niftybank is 33000 and Second Target is 33230
Trade Stoploss – If any 30 min candle Closes Below 32480 or max .35 Points
When to Buy Put Option in Niftybank –
Put Side First Trade
Trade Entry – If Niftybank Sustain below 32480 or Closes any one Hour Candle below 32480
Trade Target – For Down side Tomorrow First Target for Niftybank is 32000 & Second Taarget is 31000
Trade Stoploss – If any 30 min candle Closes Above 32550 or max . 35 Points –
Put Side Second Trade
Trade Entry – If Niftybank Sustain below 32950 or Closes any one Hour Candle below 32950
Trade Target – For Down side Tomorrow First Target for Niftybank is 32550 & Second Taarget is 32000
Trade Stoploss – If any 30 min candle Closes Above 33000 or max . 35 Points –
BankNifty Daily Levels Update For Option Day TradingNiftybank Possible Trade for Tomorrow
When to Buy Call Option in Niftybank –
Trade Entry – If Niftybank Sustain Above Support (33235 ) You Can Buy ATM call Option –
Trade Target – For upside First Target for Niftybank is 33500 and Second Target is 33700
Trade Stoploss – If any 30 min candle Closes Below 33175 or max .35 Points
When to Buy Put Option in Niftybank –
Trade Entry – If Niftybank Sustain below 33175 or Closes any one Hour Candle below 33175
Trade Target – For Down side Tomorrow First Target for Niftybank is 33000 & Second Taarget is 32600
Trade Stoploss – If any 30 min candle Closes Below 33235 or max . 35 Points –
Bank Nifty Analysis/Prediction for Expiry 16-06-2022 (Wednesday)NSE:BANKNIFTY Analysis/Prediction for Expiry 16-06-2022 (Wednesday)
Last 3 Days the price is moving in a range
if its breaks 300 to 400 points momentum can be done.
For Flat/Gap-UP Opening
🟢 Buy CE, If price closes above 33560
👉 Target should be 33970
🔴 Buy PE if price closes below 33250
👉 Target should be 33030
For Gap-Down Opening
🟢 Avoid CE till 1 PM if price in a range
👉 Target should be 33970
🔴 Buy PE near 33300
👉 Target should be 33030
Note:
Wait for the 5-minute candle to close for confirmation.
If market opens with big gap, always wait for price action.
#BankNifty-87/06/2022-#ReportHello Traders,
+++++++++++
#BankNifty-87/06/2022-#Report
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Opened as a Gap-Up, above PDH. Market took the support at IMP-Zone and broken PDO, PDH, PWL, and PWC then went to R@1-Zone and reversed.
Finally closed below S@1-Zone.
-> I hope you all like my analysis. Follow me to get regular updates.
-> Please do share your thoughts in comment section.
_______________________________________________
Please Hit a LIKE, and do SHARE with your trading friends.
Bank Nifty Trade Setup for 02 JUNE ExpiryBank Nifty Trade Setup for 02 JUNE Expiry
Bank Nifty is looking much bullish when compared to Nifty.
Expecting a gap down opening in Banknifty too around Bull Reversal zones.
In case of Bearish BO / PDL getting compromised we can expect some selling pressure in BN to testout T1/T2.
Any support at Bearish BO and support getting formed we can expect BN to test CPR/ Bull Reversal zones for quick scalp.
B&F Analysis/Prediction for First Expiry of June (02-06-2022)NSE:BANKNIFTY Analysis/Prediction for First Expiry of June (02-06-2022)
For flat Opening
🟢 Buy CE, If price closes above 35750 or Near 35550
👉 Target-1 should be 36000
👉 Target-1 should be 36200
🔴 Avoid PE
For Gap-Up Opening (Below 35780)
🟢 Buy CE, Near 35630
👉 Target-1 should be 36000
👉 Target-1 should be 36200
🔴 Avoid PE
For Gap-Down Opening Above 35350
🟢 Buy CE, If price closes above 35620
👉 Target-1 should be 36000
🔴 Buy PE, If price closes below 35280
👉 Target should be 34800
Note: wait for the 5-minute candle to close for confirmation.
#BankNifty's route=map till expiry [30th-2nd June]Please have a look into the chart to get all details, I have tried to draw everything as much i found according to my study. Will update if there be any need to do.
This Analysis has Based on Harmonic Pattern, Fibo-retracement & Price action.
Note:- Any of the mentioned levels will be considered for LONG or SHORT, when a fresh candle starts forming above or below the level respectively.
If agree with the Analysis, Then Please LIKE....As well as can Follow me to getting my future analysis.
HAVE A GOOD GREEN TRADE
#BankNifty-26/05/2022-#ReportHello Traders,
+++++++++++
#BankNifty-26/05/2022-#Report
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Opened as a Gap-Up, below PDH. Market took the support at IMP-Zone and reversed.
Market broken PWH, PDH, and R@1 then went to R@2-Zones.
Finally closed above R@2-Zone.
-> I hope you all like my analysis. Follow me to get regular updates.
-> Please do share your thoughts in comment section.
_______________________________________________
Please Hit a LIKE, and do SHARE with your trading friends.
#BankNifty's Expiry special route=map [26th may]Please have a look into the chart to get all details, I have tried to draw everything as much i found according to my study.
This Analysis has Based on Harmonic Pattern, Fibo-retracement & Price action.
Note:- Any of the mentioned levels will be considered for LONG or SHORT, when a fresh candle starts forming above or below the level respectively.
If agree with the Analysis, Then Please LIKE....As well as can Follow me to getting my future analysis.
HAVE A GOOD GREEN TRADE
#BankNifty-26/05/2022-LevelsHello Traders,
+++++++++++
#BankNifty-26/05/2022-Levels
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If Market Opens as a-
GAP-UP: Support of IMP (BUY) – Rejection of IMP (SELL)
FLAT: Support of IMP (BUY) – Rejection of S@1 (SELL)
GAP-DOWN: Support of S@1 (BUY) – Rejection of S@1 (SELL)
_______________________
Happy Learning and Trading
Rules to fallow...
1) Trade with Strict Stop Loss.
2) Trade with Small Quantity.
3) Take entries based on Support & Resistance Levels.
Please take the trade according to the levels marked, with Risk-Reward.
This is not a Buy or Sell recommendation to anyone.
Take entries after your own analysis.
This is for education purpose and a helping hand to learn trading in market.
NOTE: Trade with Strict Stop Loss. It may or may not hit all levels. So one can book profit / loss at respective level considering how price action works near that level.
I hope you all like my analysis. Follow me to get regular updates.
Please do share your thoughts in comment section.
Please Hit a LIKE , it motivates me to do analysis and do share with your trading friends.
SHORT FORM &FULL FORM
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PDH-> Previous Day High
PDL-> Previous Day Low
PDC-> Previous Day Close
PWH-> Previous Week High
PWO-> Previous Week Open
PWC-> Previous Week Close
PWL-> Previous Week Low
IMP -> Important
R@1, R@2,R@3... ->Resistance-Zones
S@1, S@2,S@3... ->Support-Zones
MS -> Major Support
SH -> Swing-High
SL -> Swing-Low
DT -> Double Top
DB -> Double Bottom
TT -> Triple Top
TB -> Triple Bottom
TF -> Time Frame
BO -> Break-Out
RR -> Risk-Reward
SL -> Stop-Loss
GAP -> The area b/w Previous Day Close and Today Open
Blue Color Text(S@*,R@*)-> Act as Major Support or Resistance-Zones(Be Alert, Chances to Market take Reversals )
Bank Nifty Analysis/Prediction for tomorrow expire Day 26-05-22NSE:BANKNIFTY Analysis/Prediction for tomorrow expire Day 26-05-2022
For flat/Gap-Up Opening
🟢 Buy CE, if prices closes above 34520
👉 Target Should be T1- 34820
🔴 Buy PE, if price closes below 34275
👉 Target Should be T1- 34115 T2-34024
Gap-Down Opening
🟢 Avoid CE
🔴 Buy PE, Near 34300
👉 Target Should be T1- 34115 T2-34024
#BankNifty's route=map for 23rd May [along with my weekly view]# Pattern is all about my view, may go wrong also. So just consider the Support & Resistance Levels primarily.
Please have a look into the chart to get all details, I have tried to draw everything as much i found according to my study.
This Analysis has Based on Harmonic Pattern, Fibo & Price action.
Note:- Any of the mentioned levels will be considered for LONG or SHORT, when a fresh candle starts forming above or below the level respectively.
If agree with the Analysis, Then Please LIKE....As well as can Follow me to getting my future analysis.
HAVE A GOOD GREEN TRADE
#BankNifty-19/05/2022-#ReportHello Traders,
+++++++++++
#BankNifty-19/05/2022-#Report
----------------------------------------
Opened as a Big Gap-Down, above S@3-Zone then went near to PWL and reversed. Finally closed above S@4-Zone.
I hope you all like my analysis. Follow me to get regular updates.
Please do share your thoughts in comment section.
_______________________________________________
Please Hit a LIKE, and do SHARE with your trading friends.
#BankNifty-19/05/2022-LevelsHello Traders,
+++++++++++
#BankNifty-19/05/2022-Levels
-------------------------------------
If Market Opens as a-
GAP-UP: Support of IMP (BUY) – Rejection of IMP (SELL)
FLAT: Support of IMP (BUY) – Rejection of PWO (SELL)
GAP-DOWN: Support of S@1 (BUY) – Rejection of S@1 (SELL)
_______________________
Happy Learning and Trading
Rules to fallow...
1) Trade with Strict Stop Loss.
2) Trade with Small Quantity.
3) Take entries based on Support & Resistance Levels.
Please take the trade according to the levels marked, with Risk-Reward.
This is not a Buy or Sell recommendation to anyone.
Take entries after your own analysis.
This is for education purpose and a helping hand to learn trading in market.
NOTE: Trade with Strict Stop Loss. It may or may not hit all levels. So one can book profit / loss at respective level considering how price action works near that level.
I hope you all like my analysis. Follow me to get regular updates.
Please do share your thoughts in comment section.
Please Hit a LIKE , it motivates me to do analysis and do share with your trading friends.
SHORT FORM &FULL FORM
-------------------------------
PDH-> Previous Day High
PDL-> Previous Day Low
PDC-> Previous Day Close
PWH-> Previous Week High
PWO-> Previous Week Open
PWC-> Previous Week Close
PWL-> Previous Week Low
IMP -> Important
R@1, R@2,R@3... ->Resistance-Zones
S@1, S@2,S@3... ->Support-Zones
MS -> Major Support
SH -> Swing-High
SL -> Swing-Low
DT -> Double Top
DB -> Double Bottom
TT -> Triple Top
TB -> Triple Bottom
TF -> Time Frame
BO -> Break-Out
RR -> Risk-Reward
SL -> Stop-Loss
GAP -> The area b/w Previous Day Close and Today Open
Blue Color Text(S@*,R@*)-> Act as Major Support or Resistance-Zones(Be Alert, Chances to Market take Reversals )
#BankNifty's Expiry special route=map [12th May]Please have a look into the chart to get all details, I have tried to draw everything as much i found according to my study.
This Analysis has Based on Harmonic Pattern, Fibo & Price action.
Note:- Any of the mentioned levels will be considered for LONG or SHORT, when a fresh candle starts forming above or below the level respectively. Can be used lower timeframe for ENTRY & Exit. But suggest to see 30 minutes Time-frame at least for price movement confirmation.
# To catch Nifty's movements, can take help of my 9th May Chart. That's still working very accurately.
If agree with the Analysis, Then Please LIKE....As well as can Follow me to getting my future analysis.
HAVE A GOOD GREEN TRADE