BANKNIFTY Intraday Trade Setup For 8 Sep 2022 Buy-Above 39575 Sl-39465 T-39760 39905 Sell-Below 39255 Sl-39365 T-39060 38850 BANKNIFTY has closed on a negative note with 0.5% cut. The hourly range was tested a day before. Breakout of the hourly range will be confirmed above 40100. Last day we planned to sell below 39560 but it opened with a decent gap down. But...
BANKNIFTY Intraday Trade Setup For 7 Sep 2022 Buy-Above 40075 Sl-39965 T- 40250 40410 Sell-Below 39564 Sl-39675 T-39350 39160 39000 BANKNIFTY has closed on a slight negative sentiment and closed with 0.35% cut. Closing is still above PDL, weakness and selling pressure will build when it will trade and close below PDL. Last we planned to buy above 39870. It...
BANKNIFTY Intraday Trade Setup For 6 Sep 2022 Buy-Above 39870 Sl-39750 T- 40100 40410 Sell-Below 39725 Sl-39830 T-39600 39400 BANKNIFTY has closed on a positive note with almost 1% gain. The daily and hourly range has been given a ceiling test today; it has tested the swing high of 39760 and closed above 39800. A bullish momentum can be expected above today's...
BANKNIFTY Intraday Trade Setup For 5 Sep 2022 Buy-Above 39600 Sl-39490 T-39845 40100 Sell-Below 39200 Sl-39320 T-38970 38790 BANKNIFTY has closed on a flat note with slight gain and formed a doji candle in daily TF. Closing above and below the high and low of the doji will give us sentimental direction next day. Broader range is 39800 and 37900. Above and below...
BANKNIFTY Intraday Trade Setup For 2 Sep 2022 Buy-Above 39390 Sl-39275 T-39600 39845 40093 Sell-Below 38980 Sl-39100 T-38700 38445 38150 BANKNIFTY has closed with 0.6% cut. It opened with a big gap down then recovered totally and has closed at mid point of the intraday range. All previous day levels were invalid due the big gap down. But we expected for a...
BANKNIFTY Intraday Trade Setup For 1 Sep 2022 Buy-Above 39610 Sl-39500 T- 39800 40000+ Sell- Below 39200 Sl-39315 T-38910 38710 BANKNIFTY has closed on a positive note on Tuesday with more than 3% gain. It was complete short covering move that took place. Last day we planned to buy above 38400 it opened with a decent gap up. In that case we already planned to...
BANKNIFTY Intraday Trade Setup For 30 Aug 2022 Buy-Above 38400 Sl-38290 T-38635 38835 39035 Sell-Below 38160 Sl- 38270 T-37995 37665 37400 BANKNIFTY has tested the daily swing low 37945 which is the neckline for the next downside movement. It gave a sharp bounce from 38000 till 38397+. We planned to trade on the 10 o'clock range in case of any big gap up/down....
BANKNIFTY Intraday Trade Setup For 29 Aug 2022 Buy-Above 39225 Sl-39110 T-39400 39650 Sell-Below 38800 Sl-38910 T-38635 38475 38300 BANKNIFTY has closed made an inside candle on Friday and closed almost flat. In fact the weekly close is also absolutely flat. Next upside momentum will be above 39800 and downside move below 37950. We are likely to trade between...
Plot the the levels in your chart. Draw fib level from support and resistance . Please refer chart for fib level. Fib level range should be 9.15 am to 03:25 PM. If price crosses fib trendline(Dash line) will consider as upside break out. If price reject from there will consider as fall below upto prv trend line as per chart.
BANKNIFTY Intraday Trade Setup For 26 Aug 2022 Buy-Above 39475 Sl-39375 T-39615 39750 Sell_1-Below 38800 Sl-38910 T-38650 38530 Sell_2-From 39215 Sl-39315 T-39000 38800 BANKNIFTY has closed on a negative note with slight cut, closing is near day low. It opened with a decent gap up and tested our 1st buy target which was a PRZ area. Market exactly fell from the...
BANKNIFTY Intraday Trade Setup For 25 Aug 2022 Buy-Above 39125 Sl-39000 T-39375 39555 39760 Sell-Below 38775 Sl-38900 T-38600 38360 38185 BANKNIFTY has closed in a positive sentiment with nearly 0.9% gain. last day we planned to buy above 38870 on a flat opening. Market opened with a decent gap down. 10 o'clock range broke upside above 38834 and gave more than...
BANKNIFTY Intraday Trade Setup For 24 Aug 2022 Buy-Above 38870 Sl-38650 T-39190 39375 39555 Sell-Below 38490 Sl-38600 T-38200 38000 BANKNIFTY has closed on a positive note today with more than 1% gain. It opened with a decent gap down near 37950 and a sharp recovery was seen from opening levels which a PRZ level plotted in yesterday's setup. Last day we planned...
BANKNIFTY Intraday Trade Setup For 23 Aug 2022 Buy-Above 38480 Sl-38370 T-38680 38850 Sell-Below 38250 Sl-38360 T-38025 38335 38680 BANKNIFTY has closed on a negative note with 1.77% cut today. In the weekly analysis we discussed that market is set to give a correction of the huge up move. Weekly shooting is active now. Previous day we planned to sell below...
BANKNIFTY Intraday Trade Setup For 22 Aug 2022 Buy-Above 39195 Sl-39090 T-39390 39565 Sell-Below 38845 Sl-38950 T-38650 38475 38290 So after a straight rally of more than 20% in 2 months we have taken a pause. Trailing sl in long got triggered on Friday as daily candle closed below PDL. A shooting star candle has been formed in weekly TF which indicates a trend...
BANKNIFTY Intraday Trade Setup For 19 Aug 2022 Buy-Above 39705 Sl-39690 T-39850 40025 Sell-Below 39500 Sl-39615 T-39300 39120 BANKNIFTY gas closed on a positive note once again with 0.5% gain. Today it opened with a slight gap down but closed at day high. Bullish sentiment is on and will be till it closes above previous day low. Weakness will come only when...
BANKNIFTY Intraday Trade Setup For 18 Aug 2022 Buy-Above 39505 Sl-39400 T-39650 39775 39905 Sell-Below 39305 Sl-39405 T-39200 39120 39000 BANKNIFTY has once again closed on a positive sentiment with more than 200 points gain. The bullish sentiment is on as we are closing above previous day low everyday. Bullish sentiment will take a halt only when a daily...
BANKNIFTY Intraday Trade Setup For 17 Aug 2022 Buy-Above 39290 Sl-39170 T- 39425 39533 Sell-Below 39120 Sl- 39250 T-38960 38825 BANKNIFTY has closed on a positive note with more than 200 points gain. More than half of the gain came via gap up. The daily candle is like a spinning top. Below candle's low we can expect a selling pressure to build. But if low is...
BANKNIFTY Intraday Trade Setup For 16 Aug 2022 Buy-Above 39090 Sl- 38970 T-39222 39355 39517 Sell-Below 38955 Sl-39070 T-38821 38740 38650 BANKNIFTY has closed a positive sentiment with more than 0.4% gain. It has closed above the psychological level 39000. Index is bullish till it closes above previous day low. Closing below PDL will be a sign of weakness in...