BANKNIFTY Intraday Trade Setup For 21 Mar 2024 Bullish-Above 46750 Invalid-Below 46640 T- 47350 Bearish-Below 45800 Invalid-Above 45910 T- 45220 BANKNIFTY has closed with a minor cut of 0.16% today. The 50 EMA in daily TF has really become like a magnet which pulls BANKNIFTY closure whenever it inches away. Today sell triggered below 46250 but breakout candle...
BANKNIFTY Intraday Trade Setup For 20 Mar 2024 Bullish-Above 46750 Invalid-Below 46640 T- 47255 Bearish-Below 46250 Invalid-Above 46360 T- 45660 45140 BANKNIFTY has closed on a bearish with 0.41% cut today. Index has closed below 50 EMA after after 18 days. Now below today's low 46250 there can be a strong downmove however key level is 46000. Tomorrow's best...
BANKNIFTY Intraday Trade Setup For 19 Mar 2024 Bullish-Above 46750 Invalid-Below 46640 T- 47350 47855 Bearish-Below 46000 Invalid-Above 46110 T- 45430 44819 BANKNIFTY has closed on an absolute flat note today. For the 3rd day index is playing around 50 EMA on close to close basis. However it has formed a Pinbar candle in daily TF. Above its high there can be a...
BANKNIFTY Intraday Trade Setup For 18 Mar 2024 Bullish-Above 46810 Invalid-Below 46700 T- 47375 47855 Bearish-Below 46300 Invalid-Above 46410 T- 45750 45220 BANKNIFTY has closed on a bearish note last week with 2.6% cut last week. Index is at 50 EMA in daily TF. If at all index has to take support from this zone then we will wait for a bullish price structure...
BANKNIFTY Intraday Trade Setup For 15 Mar 2024 Bullish-Above 47250 Invalid- Below 47140 T- 48040 Bearish-Below 46550 Invalid-Above 46660 T- 45930 45360 BANKNIFTY has closed on a bearish note with 0.41% cut today. Index is at a decisive level, 50 EMA in daily TF. If it all it has to take support then 46550 should be safe and should make a bullish price...
BANKNIFTY Intraday Trade Setup For 14 Mar 2024 Bullish-Above 47250 Invalid-Below 47140 T- 47850 Bearish-Below 46840 Invalid-Above 46950 T- 46218 45640 BANKNIFTY has closed on a bearish note with 0.64% cut today. However BANKS were defending NIFTY or else NIFTY would have tanked much more resulting into pure panic selling. Sell triggered as per trade setup...
BANKNIFTY Intraday Trade Setup For 13 Mar 2024 Bullish-Above 47500 Invalid-Below 47390 T- 47855 48385 Bearish-Below 47150 Invalid-Above 47260 T- 46645 BANKNIFTY closed almost on a flat note with a minor cut of 0.1% after a huge volatility today. As per the trade setup short triggered @ 47810 and gave a nose dive till 46885. Plotted half bat worked like a dot...
BANKNIFTY Intraday Trade Setup For 12 Mar 2024 Sell_1- From 47810 Invalid-Above 47920 T- 47500 47200 Sell_2- Below 47200 Invalid-Above 47310 T- 46615 46068 BANKNIFTY has closed on a bearish note with with 1% cut today. Sell triggered as per trade setup below 47730 and gave a good move in favor till 47235. Although a clear move, the momentum was really pathetic...
BANKNIFTY Intraday Trade Setup For 11 Mar 2024 Bullish-Above 48170 Invalid-Above 48060 T- 48800 49430 Bearish-Below 47730 Invalid-Above 47840 T- 47140 46645 BANKNIFTY has closed on a slight bearish note last week with 1.16% gain last week. Last week we saw a good grip of bulls in the initial 2 days and then some some sideways move. Index will give a bold...
BANKNIFTY Intraday Trade Setup For 7 Mar 2024 Bullish- Above 48180 Invalid-Below 48070 T- 48800 49430 Bearish-Below 47720 Invalid-Above 47830 T- 47140 46645 BANKNIFTY has closed on a bullish note with 0.81% gain today. Index has filled a major gap area today. This gap area/zone can act as a resistance now. After a rejection from this zone if index sustains...
BANKNIFTY Intraday Trade Setup For 4 Mar 2024 Bullish-Above 47450 Invalid-Below 47340 T- 47950 48450 Buy_2- From 46645 Invalid-Below 46535 T- 47000 47450 BANKNIFTY has closed on a slight bullish note with 1% gain last week. It has given a strong breakout candle on Friday , it is the 2nd attempt to cross 46600 CB. Index seems ready for a fresh ATH journey again....
BANKNIFTY Intraday Trade Setup For 1 Mar 2024 Bullish-Above 46350 Invalid-Below 46240 T- 46900 47425 Bearish-Below 45650 Invalid-Above 45760 T- 45000 44400 BANKNIFTY has closed on a slight bullish note with 0.34% gain today. It as the worst price action day in intraday. Most of the moves were random to decay premiums from both sides. The daily candle does not...
BANKNIFTY Intraday Trade Setup For 28 Feb 2024 Bullish- Above 46740 Invalid-Below 46630 T- 47250 47830 Bearish-Below 46310 Invalid-Above 46420 T- 45800 45310 BANKNIFTY has closed on an absolute flat note today. The neck-point of the breakout in daily TF is 46300 which was defended today. The plotted trendline breakout will lead index to a higher high formation....
BANKNIFTY Intraday Trade Setup For 27 Feb 2024 Bullish-Above 46900 Invalid-Below 46790 T- 47425 48025 Bearish-Below 46500 Invalid-Above 46610 T- 45990 45470 BANKNIFTY has closed on a bearish note with 0.5% cut today. Sell triggered as per trade setup below 46720 and gave a move till 46520, however targets were pending. Looking at last 3 daily candles if index...
BANKNIFTY Intraday Trade Setup For 26 Feb 2024 Bullish-Above 47260 Invalid-Below 47150 T- 47850 48420 Bearish-Below 46710 Invalid-Above 46820 T- 46165 45640 BANKNIFTY has closed with a very slight gain of 0.92% gain last week. Index gave a breakout of 46600 in daily TF on 20 Feb which will be still valid till 46300 is safe. However 46400 is the last swing low...
BANKNIFTY Intraday Trade Setup For 23 Feb 2024 Bullish-Above 47040 Invalid-Below 46930 T- 47690 48315 Bearish-Below 46350 Invalid-Above 46460 T- 45640 BANKNIFTY has closed with a slight cut of 0.21% today. Sell triggered as per trades setup below 46870 and gave a good move till 46430 there a sharp reversal came in the afternoon session. It has formed a Pin bar...
BANKNIFTY Intraday Trade Setup For 22 Feb 2024 Bullish-Above 47380 Invalid-Below 47270 T- 47865 48425 Bearish-Below 46870 Invalid-Above 46980 T- 46230 45640 BANKNIFTY has closed on a very slight bearish note with 0.16% cut today. Buy triggered as per trade setup above 47150 which hit sl. It was a roller coaster ride whole day. It was a Open = High day so...
BANKNIFTY Intraday Trade Setup For 21 Feb 2024 Bullish-Above 47150 Invalid-Below 47040 T- 47640 48130 Bearish-Below 46780 Invalid-Above 46890 T- 46245 45640 BANKNIFTY has closed on a bullish note with 1.2% gain today. Since this weekend we have been discussing about 46600 breakout in daily TF, chart was also shared in the weekend. Today breakout happened...