BANKNIFTY Intraday Trade Setup For 1 Jun 2022 Buy-Above 35900 Sl-35780 T-36000 36300 Sell-Below 35280 Sl-35400 T-35075 34800 BANKNIFTY has given a follow up below yesterday's shooting star candle. We planned to sell below 35750, but it opened with a decent gap down. The 10 o'clock range broke upside above 35715 and gave a move till 35880. Then below our sell...
BANKNIFTY Intraday Trade Setup For 31 May 2022 Buy-Above 36100 Sl-36000 T-36300 36500 36700 Sell-Below 35745 Sl-35900 T-35550 35400 35200 BANKNIFTY closed near day low with 200 points gain. As we expected that a pullback can be seen from 36000 levels, so has happened. It opened with a big gap up and from 36000 it fell till 35750. This was a good trade, more...
BANKNIFTY Intraday Trade Setup For 30 May 2022 Buy-Above 35700 Sl-35600 T-35950 36050 Sell-Below 35490 Sl-35600 T-35400 35200 BANKNIFTY closed at day high on Friday. Last week we saw a range shift above 34800. It has given 900 points straight rally after breaking 34800. Weekly target lies near 36700.Pullbacks are expected in between. So, we can a expect a...
Bank nifty is moving in an upward channel, but co relate it with nifty, nifty is moving in an downtrend channel, hence it will still need a pull back along with nifty to go ahead upside, monday it may move upside for a while before it again breaks down.
BANKNIFTY Intraday Trade Setup For 27 May 2022 Buy_1-Above 35260 Sl-35100 T-35500 35700 Buy_2- From 34800 Sl-34650 T-35000 35200 BANKNIFTY broke the 1 month range and closed 2% up today. Last day we planned to buy above 34800. It hit all intraday targets. It gave a 400 points short covering move above our buy level. Rage has shifted. So approach from here will...
BANKNIFTY Intraday Trade Setup For 26 May 2022 Buy-Above 34820 Sl-34700 T-35000 35200 35500 Sell-Below 34280 Sl-34400 T-34100 34000 33900 BANKNIFTY has closed almost flat for the 3rd consecutive day. Nor Buy and neither sell triggered today. There was only one trade i.e short from resistance- 33700. This trade was smooth and trendy. Index has been trading...
BANKNIFTY Intraday Trade Setup For 25 May 2022 Buy-Above 34820 Sl-34700 T-35000 35200 35500 Sell-Below 34100 Sl-34200 T-33900 33600 33400 BANKNIFTY has closed almost flat on Tuesday. It was a complete consolidation between 34100 and 34500. None trade triggered as per pre analysis. Two consecutive shooting stars formed in daily TF. Breakdown of 34100 will lead...
BANKNIFTY Intraday Trade Setup For 24 May 2022 Buy-Above 34820 Sl-34700 T-35000 35200 35500 Sell-Below 34100 Sl-34200 T-33950 33750 33600 BANKNIFTY has formed a shooting star candle in daily TF. We planned to buy above 34360. Our final target was the hourly resistance- 34800. It hit our target and gave 450 points gain. Then as as usual fall from resistance till...
BANKNIFTY Intraday Trade Setup For 23 May 2022 Buy-Above 34360 Sl-34250 T-34580 34800 Sell-Below 34150 Sl-34250 T-34000 33600 BANKNIFTY closed at day high on Friday. It has made a bullish candle in weekly TF. Important support is 33000, below this next downside move will be triggered. 34800 is the daily swing high, above which a bounce till 36650 can be...
BANKNIFTY Intraday Trade Setup For 20 May 2022 Buy-Above 33400 Sl-33300 T-33600 33750 Sell-Below 33180 Sl-33300 T-33000 32800 32600 BANKNIFTY has closed at 33300 with 2.5% cut. It opened with big gap down. The 10 o'clock range broke downside below 33380 and gave a downside move till 33200. There were deep pullbacks in between. NIFTY was smoother than...
BANKNIFTY Intraday Trade Setup For 19 May 2022 Buy-Above 34400 Sl-34300 T-34600 34800 35000 Sell-Below 34130 Sl-34250 T-34000 33800 33600 BANKNIFTY has formed an negative candle on Wednesday and closed at day low. We planned to buy above 34400. It hit our 1st target 34600 and fell from the PRZ area. Both moves were clean and smooth. Market is likely to show...
BANKNIFTY Intraday Trade Setup For 18 May 2022 Buy_1-Above 34400 Sl-34250 T-34600 34800 35000 Buy_2- From 34000 Sl-33850 T-34300 34600 35000 BANKNIFTY has closed with 2% gain on Tuesday. It went as per our plan. We planned to buy above 33800. It closed at day high at 34300. It gave 500 points gain. This was smooth. Now 34000 will act as a support. No aggressive...
BANKNIFTY Intraday Trade Setup For 17 May 2022 Buy-Above 33830 Sl-33700 T-34000 34200 34400 Sell-Below 33340 Sl-33450 T-33100 33000 32600 BANKNIFTY has given a sharp bounce from our support level- 33000. It shot up from 33000 to 33800. Made a bullish candle in 15 Min above its high it gave a good move. It has made a 400 points range on Monday's trading session,...
BANKNIFTY Intraday Trade Setup For 16 May 2022 Buy-Above 34000 Sl-33900 T-34200 34350 Sell-Below 33000 Sl-33100 T-32800 32400 BANKNIFTY closed in a negative sentiment on Friday. Fell from our sell level- 34000. It is a psychological resistance level. Still approach is sell on rise. Its in downtrend across all TFs. Now, the important support is 33000. Break...
BANKNIFTY Intraday Trade Setup For 13 May 2022 Sell_1- From 34000 Sl-34100 T-33800 33500 Sell-Below 33290 Sl- 33400 T- 33000 32700 BANKNIFTY has closed with more than 1100 points cut. It opened opened with a very big gap down. PDL was broken in the 1st 5 Min. 10 o'clock range shifted below 33800 and gave a massive downside move till 33300. No reversal was...
BANKNIFTY Intraday Trade Setup For 12 May 2022 Buy-Above 34800 Sl-34700 T-35000 35300 35500 Sell-Below 34500 Sl-34600 T-34150 34000 BANKNIFTY has made an extreme bullish candle in daily TF ahead of expiry. We have been in a extreme downtrend since a long time. A short covering may take place soon. We had already discussed that the key reversal point is...
BANKNIFTY Intraday Trade Setup For 11 May 2022 Buy-Above 34800 Sl-34700 T- 35000 35125 Sell-Below 34400 Sl-34500 T-34200 34000 BANKNIFTY closed 200 points up today. We planned to buy above 34550. It hit our target. Our target was near 34800. As usual made a shooting star at resistance and fell till 34415. Key level for upside reversal is 34800. Coming to...
BANKNIFTY Intraday Trade Setup For 10 May 2022 Buy-Above 34600 Sl-34500 T-36800 35000 Sell-Below 33900 Sl-34000 T-33750 33550 BANKNIFTY has formed an inverted hammer in daily TF. We have sold from 35500, index has hit our targets 34000. We planned a reversal trade from 34000, hourly support. It gave a fantastic move till 34550+. Also 10 o'clock rage broke...