BANKNIFTY Intraday Trade Setup For 26 Sep 2022 Buy-Above 39650 Sl-39535 T-39820 40000 40300 Sell-Below 39410 Sl-39525 T- 39250 39151 38960 BANKNIFTY has closed on negative sentiment on Friday with 2.67% cut. Last day we planned to short below 40500 and it hit all targets with extended gains (40500-39415). Important range (41850-40280) shifted on Friday and that...
after IPO this is First time Trying to BRAK ATH with good 50% retrecement and vol. any day close above line will give good upside
The global market indicates a negative start. Market sentiment is bearish to slightly bullish. The market may open a gap-down. According to the wave, a corrective wave is progressing. So let's expect a correction with little consolidation. On the other hand, if the market takes a sharp pullback around the key levels, we expect a range-bound structure.
BANKNIFTY Intraday Trade Setup For 23 Sep 2022 Buy-Above 40931 Sl-40815 T-41221 41377 41529 Sell-Below 40500 Sl-40615 T-40300 40065 39867 BANKNIFTY has closed on a negative note with 1.39% cut. The daily candle is a spinning top which is a sign of indecision and these candle are formed whenever index trades in range. Range is 40280 and 41850. Breakout of this...
The global market indicates a negative start. Market nature is bearish to range bound. the market may open a gap-down. In my view, the market may reach the 78% fib level. If the market consolidates there, it is a sign of trend continuation, on the other hand, if the market reject sharply, it may turn into a range-bound market.
BANKNIFTY Intraday Trade Setup For 22 Sep 2022 Buy-Above 41331 Sl-41215 T-41509 41675 41840+ Sell-Below 40889 Sl-41000 T-40730 40500 40300 BANKNIFTY has closed on a slight negative note with 0.64% cut. Current hourly range of index is ATH - 41850 and 40500. Last day we planned to short below 41399 which has given a very good profit(41399-40890). A slight gap...
BANKNIFTY Intraday Trade Setup For 21 Sep 2022 Buy-Above 41680 Sl-41570 T-41840 42015 42205 Sell-Below 41400 Sl-41500 T-41200 40995 40730 BANKNIFTY has closed on a positive sentiment with 1.38% gain. It is at a striking distance from ATH. A fresh upside move will come above 41850. Last day we planned for a directional move above 41200 which came and gave more...
BANKNIFTY Intraday Trade Setup For 20 Sep 2022 Buy-Above 41185 Sl-41075 T-41350 41570 Sell-Below 40729 Sl-40845 T- 40550 40281 BANKNIFTY has closed on a neutral note with just 100+ points gain. Once again a range has been formed in BANKNIFTY which 41200 and 41500. Above and below we can expect a directional move of 700 points approximately. Last day we planned...
BANKNIFTY Intraday Trade Setup For 19 Sep 2022 Buy-Above 40900 Sl-40790 T- 41200 41500 Sell-Below 40500 Sl- 40610 T- 40300 40085 BANKNIFTY has closed on a negative note with more than 1% cut. On 15 Sep a shooting was spotted at ATH and we planned to short below the candle's low - 41150 and it gave a good directional move of 600+ points. Now the weekly candle is...
The global market indicates a negative start. the market nature is bearish to neutral. Our market may open slightly negative, if the market pulls back around key support zone (Nifty 60% and Banknifty 38% fib zone) then we expect sub-wave 5th. On the other hand, if the market breaks the key zones sharply, it is a sign of a major decline.
BANKNIFTY Intraday trade Setup For 16 Sep 2022 Buy-Above 41525 Sl-41415 T-41763 42027 Sell-Below 41150 Sl-41265 T-40843 40465 BANKNIFTY has closed on a negative note today with almost 0.5% gain. Today it made a fresh ATH. Last day we planned to buy above 41630. It gave more than 200 points gain and hit ATH then took resistance and fell. It has made a shooting...
The global market indicates a positive start. market nature is neutral to bullish. market may open little bit gap-up. but the structure says a minor correction. on other hand, if the market breaks the previous day high, that's a sign of pullback continuation.
BANKNIFTY Intraday Trade Setup For 15 Sep 2022 Buy-Above 41630 Sl-41525 T-42003 42305 Sell-Below 41275 Sl-41385 T-41050 40800 BANKNIFTY has closed on a very positive note with 1.3% gain. The swing swing breakout which happened on 5 Sep above 39760 has given a a good target today. There was a nice breakout and pullback setup and confirmation was 40100 which we...
The global market indicates a negative start. Market nature is bearish. the market may open a big gap-down, so if the market breaks the 38% fib level, it will reach a 50 to 61% correction. On the other hand, don't take a long position until a rejection structure forms. If the market rejects around the key zones, we will expect min 23 to 38% pullback.
BANKNIFTY Intraday Trade Setup For 14 Sep 2022 Buy-Above 40905 Sl-39800 T-41100 41250 Sell-Below 40690 Sl-40800 T-40530 40280 BANKNIFTY has closed on a positive note with 0.75% gain. The daily candle looks like hanging man. Below if it gets a follow up then a pullback of the up move will come. Above its high bullishness will continue. Last day we planned to buy...
The global market indicates a positive start. Market sentiment is bullish. Currently, sub-wave 5 is progressing. It can reach min (Nifty 18071 to 18100 and BN (40881 to 41092)) and an important point is that the 5th wave is a distribution wave so if the market rejects key resistance we can expect a correction.
BANKNIFTY Intraday Trade Setup For 13 Sep 2022 Buy-Above 40690 Sl-40590 T-40800 40935 Sell-Below 40530 Sl-40630 T-40413 40280 BANKNIFTY has closed on a positive note with 0.39% gain. Its an pause cum reversal candle formed in daily TF also its an inside candle. Above and below mother's candle high and low we can expect a direction move. Last day we planned to...
BANKNIFTY Intraday Trade Setup For 12 Sep 2022 Buy-Above 40475 Sl-40370 T-40655 40935 41260 Sell-Below 40280 Sl-40385 T-40040 39820 39650 BANKNIFTY has closed with 0.5% gain on Friday. A slight profit booking was seen ahead of weekend. A spinning top candle has been formed in daily charts which is sign of confusion. Above candle 's high the current uptrend will...