BANKNIFTY Intraday Trade Setup For 9 May 2022 Buy-Above 34800 Sl-34700 T-35000 35300 Sell-Below 34300 Sl-34400 T-34100 34000 BANKNIFTY has formed a doji candle in daily TF. It indicates a trend pause . Last week we planned to sell below 35500, our target is hit, 34300(+-50). Now we can expect a pullback above doji candle's high. Below 34300 selling will resume....
BANKNIFTY Intraday Trade Setup For 6 May 2022 Buy-None Sell-Below 35100 Sl-35250 T- 35000 34800 34600 BANKNIFTY has made an inside candle in daily TF. We planned to sell from 35750 on last day. It gave very good quick profit of 200 points. Then 10 o'clock range shifted above 35770 and gave another 150 points move in upside. Two consecutive shooting star formed...
BANKNIFTY Intraday Trade Setup For 5 May 2022 Sell_1- From 35750 Sl-35850 T-35500 35400 Sell_2-Below 35120 Sl-35220 T-35000 34900 34800 BANKNIFTY has made a big red candle in daily TF. We planned to buy above 36250 last day. It could not sustain itself. So we sold from 36200. All targets were hit. Tomorrow's closing will give us a idea about this down side...
BANKNIFTY Intraday Trade Setup For 4 May 2022 Buy-Above 36240 Sl-36100 T-36400 36500 36600 Sell-Below 35800 Sl-35900 T-35600 35500 BANKNIFTY has given a dead cat bounce on Monday after a big fall followed by a big gap down. We planned for a reversal trade if opens gap down. The 1st candle shoed bullishness and then a range was formed and we saw a breakout in...
BANKNIFTY Intraday Trade Setup For 2 May 2022 Sell_1- Below 35970 Sl-36100 T-35800 35600 Sell_2- From 36550 Sl-36650 T-36400 36200 BANKNIFTY has formed a bearish engulfing candle in daily TF. 200 EMA is flat in daily TF, sideways trend. Important level for a range shift is 35500 in the lower side and 37000 in upper side. Coming to Monday's trade setup, we will...
BANKNIFTY Intraday Trade Setup For 29 Apr 2022 Buy-Above 36500 Sl-36400 T-36600 36700 36800 Sell-Below 36300 Sl-36400 T-36200 36100 36000 BANKNIFTY has formed a bullish candle in daily TF. It gave a follow up to the hammer candle formed yesterday. We planned to buy above 36180 it gave a non stop trendy move till 36500. All targets were hit. This current...
BANKNIFTY Intraday Trade Setup For 28 Apr 2022 Buy-Above 36180 Sl-36080 T-36300 36400 36500 Sell-Below 35890 Sl-36000 T-35750 35600 35500 BANKNIFTY has formed a hammer candle i daily TF. Activation is above 36200. It can show some bullish momentum above this. Since few days its all about huge gap up/down opening. Here intraday data is more important to find...
BANKNIFTY Intraday Trade Setup For 27 Apr 2022 Buy-Above 36500 Sl-36400 T-36600 36750 36950 Sell-Below 36250 Sl-36350 T-36100 36000 35900 BANKNIFTY reclaimed its 200 EMA id daily TF. After a big gap up. It was a volatile session. Bounced from our buy level which was PDL. Above today's high and below today's low we will get a good move. In between it will be...
BANKNIFTY Intraday Trade Setup For 26 Apr 2022 Buy-Above 36300 Sl-36150 T-36500 36650 36750 Sell-Below 35880 Sl-36000 T-35700 35500 35400 BANKNIFTY has closed flat. It opened with a decent gap down and tested our PRZ 35500. Sharp bounce seen till 36270 from PRZ. It has made a broader range, that will be used to build our trade setup. Buy above 36270 if a 15...
BANKNIFTY Intraday Trade Setup For 25 Apr 2022 Buy-Above 36160 Sl-36050 T-36300 36400 Sell-Below 35900 Sl-36000 T-35700 37500 BANKNIFTY has closed below 200 EMA in daily TF. It has been trading below 50 EMA already. Approach will be sell on rise from now. Weekly Support is 35900 and resistance is 37000. Next support below 35900 will be 35000. Coming to...
BANKNIFTY Intraday Trade Setup For 22 Apr 2022 Buy-Above 36920 Sl-36800 T-37100 37300 37500 Sell-Below 36500 Sl-36600 T-36350 36200 BANKNIFTY extended the bounce after the scary fall. It as closed 1.38% in green. We planned to buy above 37520 index gave a good run till 36900. Next confluence zone is 37000. Coming to tomorrow's trade setup, aggressive traders...
BANKNIFTY Intraday Trade Setup For 21 Apr 2022 Buy-Above 36520 Sl-36420 T-36700 37000 Sell-Below 36100 Sl-36200 T-36950 35770 35500 BANKNIFTY has closed absolutely flat today. An inside candle has been formed in daily TF. It has just consolidated in today's trading session. Main momentum will come above the high or below the low of mother candle i.e above 37150...
BANKNIFTY Intraday Trade Setup For 20 Apr 2022 Buy- None Sell-Below 35920 Sl-36020 T-36600 36500 BANKNIFTY has closed below 50 EMA in daily TF. After the range shifted below 37250.Index has been crashing like anything. Yesterday we planned to buy above 36970 on a 15 Min candle close. It gave more than 100 points gain. Then in the 2nd half our sell level got...
BANKNIFTY Intraday Trade Setup For 19 Apr 2022 Buy-Above 36970 Sl-36870 T-37150 37250 37350 Sell-Below 36600 Sl-36700 T-36450 36250 36100 BANKNIFTY has hit our target in sell side after the one week range broke. However this 700 points fall came with a big gap down. Now it has made a doji candle in daily TF. A reversal candle. It will be active only when it...
BANKNIFTY Intraday Trade Setup For 18 Apr 2022 Buy-Above 38000 Sl-37900 T-38300 38600 Sell-Below 37260 Sl-37360 T-37000 36800 BANKNIFTY is inside the previous week trading range. Since last 6 trading session index has been trading in the same range. Inside a complete range of 38000 and 37250. Directional move will come above and below the range high and range...
BANKNIFTY Intraday Trade Setup For 13 Apr 2022 Buy-Above 38000 Sl-37900 T-38200 38350 38600 Sell-Below 37250 Sl-37350 T-37000 36800 36565 BANKNIFTY is still in the same range being followed since last 5 trading session. explained many times and discussed yesterday that when a script trades in range, sell at resistance and buy at support. this strategy is used....
BANKNIFTY Intraday Trade Setup For 12 Apr 2022 Buy-Above 38000 Sl-37900 T-38300 38600 Sell-Below 37500 Sl-37600 T-37400 37200 37000 BANKNIFTY has made an inverted hammer in daily TF. It was another day of consolidation between 38000 and 37300. Since last 4 trading session it is in this range. Whenever a script trades in range, best strategy to trade is buy from...
BANKNIFTY Intraday Trade Setup For 11 Apr 2022 Buy-Above 38000 Sl-37850 T-38200 38300 38600 Sell-Below 37340 Sl-37450 T-37150 37000 36800 BANKNIFTY has closed 0.5% up on Friday. Its been 3 days and BANKNIFTY continues to trade between the range of 38000 and 37300. Last week was a profit booking week with a consolidation. The weekly candle is a trend pause cum...