BankNifty Future Key Trading Levels for 16th Aug 2022 Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be...
BANKNIFTY Intraday Trade Setup For 12 Aug 2022 Buy-Above 38935 Sl-38800 T-39075 38215 Sell-Below 38775 Sl-38900 T-38650 38500 BANKNIFTY has closed with a 1.55% gain today. It opened with a big gap up today and headed higher in intraday. 10 o'clock range broke upside and gave very less momentum only about 100 points. Index has closed below psychological level...
BANKNIFTY Intraday Trade Setup For 11 Aug 2022 Buy-Above 38405 Sl-38300 T-38525 38620 Sell-Below 38150 Sl-38250 T-38000 37835 BANKNIFTY has closed almost flat with a slight gain and formed a doji candle in daily TF. Next momentum will come Doji's high- 38405 and below its low 38150. A symmetrical triangle formation can be seen in 15 Min TF. 15 Min candle close...
BANKNIFTY Intraday Trade Setup For 10 Aug 2022 Buy-Above 38305 Sl-38190 T-38450 38619 Sell-Below 38150 Sl-38260 T-38000 37700 BANKNIFTY has closed on a positive note with 0.8% gain. It has closed near day high. Last day we planned to sell below 37780 it gave almost 100 points. However 15 Min candle did not close below 37780. Later buy triggered above 38035 and...
BANKNIFTY Intraday Trade Setup For 8 Aug 2022 Buy-Above 38035 Sl-37920 T-38150 38350 38500 Sell-Below 37780 Sl-37900 T- 37655 37520 37350 BANKNIFTY has formed an inside candle in daily TF. It closed with a 0.45 gain on Friday. Next momentum will come above mother candle's high (38250) and low (37200). Important resistance is 38250 and support is 37200. Next...
BANKNIFTY Intraday Trade Setup For 05 Aug 2022 Buy-Above 37840 Sl-37720 T-38000 38120 Sell-Below 37520 Sl-37650 T-37220 37000 BANKNIFTY has closed on negative sentiment with 0.6% cut today. The daily candle range is too big as it was too volatile in intraday today. Last day we planned to buy above 38180 on a 5 Min candle close. Level was tested but none 5 Min...
BANKNIFTY Intraday Trade Setup For 04 Aug 2022 Buy-Above 38180 Sl-38070 T-38350 35550 Sell-Below 37690 Sl-37800 T-37550 37430 BANKNIFTY has closed flat today. It is an inside candle in daily TF which is evident that we are consolidating in a range. Last day we planned to sell below 37800. This trade gave more than 100 points profit. Today's closing is near day...
BANKNIFTY Intraday Trade Setup For 3 Aug 2022 Buy-Above 38180 Sl-38060 T-38350 38555 Sell-Below 37800 Sl-37900 T-37630 37400 BANKNIFTY has closed with a slight positive gain today. Sell level was triggered but immediately a bullish engulfing was formed after the breakdown, it was evident to suggest that bulls are ready to buy the dip and eventually our 100...
BANKNIFTY Intraday Trade Setup For 2 August 2022 Buy- Above 37940 Sl- 37820 T-38110 38250 Sell-Below 37680 Sl-37800 T-37500 37300 BANKNIFTY has once again closed on a positive note with more than 1% gain. It has closed below psychological level 38000.Last day we planned to buy above 37550. 1st few min were too volatile. A Pin Bar was formed in 5 Min and in the...
BANKNIFTY Intraday Trade Setup For 01 August 2022 Buy-Above 37550 Sl-37450 T-37750 37900 38085 Sell-Below 37220 Sl-37350 T-37015 36825 36580 BANKNIFTY has made a stretched candle on daily TF and closed at mid point. It has given a strong closing in Monthly TF and engulfed the last 3 months fall. Price structure will change completely above 38800, above which...
BANKNIFTY Intraday Trade Setup For 29 Jul 2022 Buy-Above 37415 Sl-37300 T-37565 37725 37830 Sell-Below 37245 Sl- 37350 T-37110 37010 36900 BANKNIFTY has closed on a positive sentiment today with 1.6% gain. Last day we planned to buy above 36855 and sell below 336575. None triggered due the expected big gap up. We also planned for a directional move above and...
BANKNIFTY Intraday Trade Setup For 28 Jul 2022 Buy-Above 36855 Sl-36730 T-37000 37200 37400 Sell-Below 36570 Sl-36700 T- 36425 36250 BANKNIFTY has closed on a positive sentiment with 1% gain and formed a bullish engulfing in daily TF. Last day we planned to sell below 36335 , sl was hit. Later buy triggered @ 36580 and it gave 230 points profit. Broader range...
BANKNIFTY Intraday Trade Setup For 27 Jul 2022 Buy-Above 36580 Sl-36465 T-36700 36826 Sell-Below 36335 Sl-36450 T-36190 36000 BANKNIFTY has closed on a negative note with almost 0.9% cut and formed Evening Star candle after the Doji formed yesterday. Last day we planned to sell below 34665. It got triggered at 10 o'clock when a 5 Min candle closed below. This...
BANKNIFTY Intraday Trade Setup For 26 Jul 2022 Buy-Above 37015 Sl-36890 T-37160 37350 35550 Sell-Below 36465 Sl-36585 T-36270 36170 36000 BANKNIFTY has formed a Doji candle at our daily ABCD PRZ in daily TF. It is a sign of trend pause cum trend reversal. It will be considered reversal if it tests its low and closes below that. In case Doji's high is crossed...
BANKNIFTY Intraday Trade Setup For 25 Jul 2022 Buy-Above 36825 Sl-36700 T-36950 37125 Sell-Below 36620 Sl-36720 T-36500 36400 36200 BANKNIFTY has hit our 2nd buy target 36800 which was triggered on 19 Jul @35550. It has closed on a positive sentiment near day high on Friday. This bullishness will continue above Friday's high- 36825. In case we close below...
BANKNIFTY Intraday Trade Setup For 22 Jul 2022 Buy-Above 36335 Sl-36225 T-36450 36600 36760 Sell-Below 36050 Sl-36150 T-35900 35700 35600 BANKNIFTY has closed on a positive sentiment with more than 0.6% gain. Last day we planned to buy above 36185, it triggered on 11:20(5 Min TF) and hit our 1st target very smoothly. This trade gave a move from 36185 to 36330....
BANKNIFTY Intraday Trade Setup For 21 Jul 2022 Buy-Above 36185 Sl-36085 T-36300 36440 Sell-Below 35875 Sl-36000 T-35700 35520 BANKNIFTY has formed a indecision candle in daily TF( kind of spinning top). We may see a pause in the current upside move which started from 34500 levels. Today it opened with a very big gap up and traded in a range overall. Coming to...
BANKNIFTY Intraday Trade Setup For 20 Jul 2022 Buy-Above 35765 Sl-35650 T-35925 36100 36210 Sell-Below 35400 Sl-35500 T-35250 35110 BANKNIFTY has closed on a positive note with 1% gain. It opened with a decent gap down. Later at 9:50 (5 Min candle) triggered our buy and hit both the targets. It gave a move from 35385-35760.Index has closed above daily...