BANKNIFTY Intraday Trade Setup For 7 Apr 2022 Buy-Above 37880 Sl-37770 T-38050 38200 38500 Sell-Below 37500 Sl-37600 T-37200 37000 36800 BANKNIFTY has closed 1% below today. It opened with a decent gap down nearly 1%. It opened below our sell level. But it was too far. The 10 o'clock range was not tested. It was a clean consolidation.37500 acted as a support...
BANKNIFTY Intraday Trade Setup For 6 Apr 2022 Buy-Above 38800 Sl-38650 T-39000 39200 39500 Sell-Below 37940 Sl-38150 T-37665 37500 37200 BANKNIFTY has made an inside candle in today's trading session. It has traded inside yesterday's trading range. It opened near yesterday's trading session's high but could not sustain and fell immediately. A consolidation is...
BANKNIFTY Intraday Trade Setup For 5 Apr 2022 Buy-Above 38770 Sl-37600 T- 39050 39400 37700+ Sell-Below 38000 Sl-38150 T-37665 37200 BANKNIFTY has closed 4% up today. It was huge short covering after a big gap. This short covering move was triggered by the HDFC twins. HDFC was more than 19% up and HDFCBANK was 14% up during the day. It was a runaway gap...
BANKNIFTY Intraday Trade Setup For 4 Apr 2022 Buy-Above 37210 Sl-37100 T-37350 37450 37600 Sell-None BANKNIFTY has closed above 36800. It was trading below this range since last 10 trading session. And was tested several times in the last 35 days. Finally we saw breakout of this hourly range. Now 36800 will act as a support. Closing is above 37000. Targets are...
BANKNIFTY Intraday Trade Setup For 4 Mar 2022 Buy-Above 37210 Sl-37100 T-37350 37450 37600 Sell-None BANKNIFTY has closed above 36800. It was trading below this range since last 10 trading session. And was tested several times in the last 35 days. Finally we saw breakout of this hourly range. Now 36800 will act as a support. Closing is above 37000. Targets are...
BANKNIFTY Intraday Trade Setup For 1 Apr 2022 Buy-Above 36600 Sl-36500 T-36700 36800 Sell-Below 36270 Sl-36400 T-36135 36000 BANKNIFTY has closed almost flat today. It opened with 120 points gap up. We planned to buy above 36450 if 15 Min candle is closed above. But as our buy initiated a shooting star candle was formed and we had to exit with a small gain....
BANKNIFTY Intraday Trade Setup For 31 Mar 2022 Buy-Above 36450 Sl-36350 T-36620 36820 37000 Sell-Below 36150 Sl-36250 T-36000 35850 35700 BANKNIFTY has closed 480+ points (1.36%) up today. Out of which 390+ points came through gap up. So our pre analysis levels were invalid due to this big gap up. However 10 o'clock range broke upside above 36260 and gave gave...
BANKNIFTY Intraday Trade Setup For 29 Mar 2022 Buy-Above 35800 Sl-35700 T-36000 36150 Sell-Below 35480 Sl-35580 T- 35200 35000 BANKNIFTY has made a hammer in daily TF, near 35000. It has closed in a positive note with 300 points gain. Our plan was to sell below 35200. Our 1st target was near 35000. 200 points was gained today. Then double bottom was formed and...
BANKNIFTY Intraday Trade Setup For 28 Mar 2022 Buy-Above 35750 Sl-35650 T-35900 36000 36150 Sell-Below 35200 Sl-35300 T-35000 34800 34700 BANKNIFTY has closed near the hourly support zone 35400. We have seen a good retracement from 0.618 level discussed on 21 Mar analysis. Index has given more than 1000 points downfall from there. Week was good with all the...
BANKNIFTY Intraday Trade Setup For 25 Mar 2022 Buy-Above 35720 Sl-35600 T-36000 36285 Sell-Below 35400 Sl-35500 T-35150 35000 BANKNIFTY has closed 1.7% in red on Thursday. It opened with a big gap down and showed all kinds of moves on this expiry. It was volatile since morning. All pre analysis became invalid due to gap down. 10o'clock range broke upside but...
BANKNIFTY Intraday Trade Setup For 24 Mar 2022 Buy-Above 36400 Sl-36300 T-36680 36800 37000 Sell-Below 36000 Sl-36100 T-35800 35660 35400 BANKNIFTY has closed in 200 points in red. We planned to buy above 36620 but index opened with a decent gap up. So it was invalid. We planned to trade the 10 o'clock range breakout/down in case a gap up/down. Range was broken...
BANKNIFTY Intraday Trade Setup For 23 Mar 2022 Buy-Above 36620 Sl-36500 T-36820 36970 Sell-Below 36000 Sl-36100 T-35800 35550 BANKNIFTY has regained the losses made yesterday. We have been selling from 36350 level. Our plan was to short below 35900. It gave a move till 35400. All targets were hit. The a bear trap was formed with double bottom. As soon as the...
BANKNIFTY Intraday Trade Setup For 22 Mar 2022 Buy-Above 36160 Sl-36060 T-36300 36500 Sell-Below 35900 Sl-36000 T-35800 35600 BANKNIFTY has closed 400 points in red. It is a complete bearish engulfing candle. We planned that index is likely to give a reversal from this level. As 0.618 level was tested and a reversal candle- shooting star was formed last day. It...
BANKNIFTY Intraday Trade Setup For 21 Mar 2022 Buy-Above 36620 Sl-36500 T-36820 36970 Sell-Below 36350 Sl-36450 T-36050 35800 BANKNIFTY has closed almost 2% up On Friday. Max came through gap up. It was a complete sideways trading session. Index has given a V- Shaped recovery from 35200 levels. Seeing the daily candle it is weak candle(kind of shooting star.)...
BANKNIFTY Intraday Trade Setup For 17 Mar 2022 Buy-Above 35810 Sl-35700 T-36000 36200 Sell-Below 35450 Sl-35550 T-35200 35000 BANKNIFTY opened with a very big gap up on Wednesday after closing in a negative sentiment on Tuesday. Due to this big gap up index lost its all momentum and resulted in a sideways market. Even the 10 o'clock range was not tested. Vix...
BANKNIFTY Intraday Trade Setup For 16 Mar 2022 Buy-Above 35200 Sl-35100 T-35400 35600 Sell-Below 34700 Sl-34600 T-34400 34200 BANKNIFTY has closed below 35000. It opened with a mild gap up. Our plan was to buy above 35450 if we get a 15 Min candle close above that. We got closing in the 10 o'clock 15 Min candle. We got a move from 35450 to 35640, almost 200...
BANKNIFTY Intraday Trade Setup For 15 Mar 2022 Buy-Above 35450 Sl-35350 T-35600 35720 35900 Sell-Below 35000 Sl-35100 T-34800 34600 34400 BANKNIFTY has closed 750+ points up today. Half the gain came from HDFCBANK alone after RBI lifted all restrictions. We planned on weekend to buy above 34700 if we get a 15 min candle close. Trade went all smooth from 34700...
BANKNIFTY Intraday Trade Setup For 14 Mar 2022 Buy-Above 34700 Sl-34600 T-34880 35000 35150 Sell-Below 34300 Sl-34400 T-34000 33800 33600 BANKNIFTY has traded almost inside the Thursday's trading range on Friday. It was a complete consolidation. It is trading between the range of 35000 and 34000. Index is likely to show a sideways momentum for somedays. Because...