BankNifty Chart ViewBankNifty is supported at lower channel. RSI is also supporting around 48-49. However Nifty is still stucked in box. If BankNifty breaks channel support the next immediate support around 21600±(30). Let's see where it goes up or down.
Disclaimer:- your capital at risk. Consult with your financial advisor before do any action and trade with own analysis research.
Bankniftyidea
BANK NIFTY Bearish!! Short it with a huge target !!!Hii this is trader Kanishk
This is BANK NIFTY
Here the phase is very volatile and we don't have to took long position in bank nifty.
With till it breaks the trend line and then short it.
this is a bear market phase and this is not the recovery this is the bullish trap .
so please avoid yourself to put the long positional trade at this time without any confirmation.
Please watch this video complete and follow all the steps .
Please do the multi timeframe analysis during these type of phases .
Guys let me know you that i am a trader and a trader have a winning probability of 50-65% no any trader is there who have a winning ratio more than this . Who says you that i am having a 100% winning strategy then F**k these type of people and try to be correct only 50 - 60 % of time which will give you a lot of money if you properly follow the risk reward ratio .
Guys you can also follow me on twitter for any queries.
Banknifty PE & CE Buy Levels (25/06/2020)Last day we saw a big fall in banknifty in the second half due to huge profit booking. Today also we see big movement in banknifty due to expiry. In the first hour, banknifty may trade between 21050 to 21950. If banknifty not able to hold above 21000 levels we will get big downfall of 500-1000 points. Today the market may be cautious so trade safely.
BANK NIFTY LEVELS FOR 03-06-2020NSE:BANKNIFTY
These are the Important levels for the Bank Nifty BUY & SELL
* The Pink Lines are for Buying Points
* The Black Lines are for Selling Points
Through This we can Find the Momentum of direction to trade in Bank Nifty Options
This Levels are only for Education Purpose....
IS TODAYS MOVE IN BNF TREND REVESAL OR PULL BACK SEE !!COMPARING MY LAST STATEMENTS WITH TODAYS ACTUAL MOVE IN BNF.
1. In previous day trading plan I was expecting a gap down opening in bnf even dow closed almost 350 pts down. But in morning dow futures was up 130 pts when sgx opened. Therefore, gap down impact from dow in morning nullified by dow future that is why sgx did not satisfied supoort bule line condition mentioned in sgx post. In second point of last post I clearly mentioned " in case price takes out red dotted line then trend can change to range bound .wait for price to breach red dotted line and book immediately." I myself did same as I also carried shorts. See market spend almost four hrs in range bound trade to move down side was the right condition for bears. candle no 4 was providing perfect conditions to go down. At 5th candle bear got trapped (when they were trying to take market down.) This candle gave me imformation of change of sentiments and I booked all my shorts . Pink color circle is showing that imformation that I wrote. See stock market is game of switching of sentiments when market changes. Those who followed my instruction of red dotted line ,I am sure did not book shorts at loss as I booked in Profit of yesterday shorts.
2. I every day try to make traders decisions simple by sketching support ,zones and resistance. I claerly mention all conditions of trade. You just have to find entry and exit points from my analysis. I am sure you would be able to learn and earn. One more thing for new followers , please don not enqiure about entry and exit while in trading hours. I can not spoon feed . I am here to help you in understanding markets. Please burn night oil to mark your entry exit on fig which I share every day to make your trading easy. I will not respond to query related to timing of market that you have to take out youself. I will reply all educational points .
Plan for next day trading.
1. See this up side move in last two hrs in market , I feel is bull back that should be end near blue resistance line. If that resistance is taken out then my biased will change into up side. A green arrow showing up side territory. Otherwise sell on rise is market. Every pull back should be used for shorting.
2. Till now no trend revesal . See market move tommorow and follow conditions mentioned for trade. Rest market will decide.
YOGESH VATS
BANKNIFTY Intraday Setup (21 April)Please note that this is my opinion, in no way markets move according to my analysis. Markets can ignore all levels and move in one direction. Please use proper risk management.
1. Never over leverage, that forces you to keep very small stop losses, don't trade if you have to use full margin.
2. If it will be very painful for you, if it hits your stop loss then don't trade, only trade with a free mind.
3. If the stop loss is far according to your capital, don't trade.
BANKNIFTY Intraday Setup (20 April)Please note that this is my opinion, in no way markets move according to my analysis. Markets can ignore all levels and move in one direction. Please use proper risk management.
1. Never over leverage, that forces you to keep very small stop losses, don't trade if you have to use full margin.
2. If it will be very painful for you, if it hits your stop loss then don't trade, only trade with a free mind.
3. If the stop loss is far according to your capital, don't trade.