#BankNifty-04/08/2022-LevelsHello Traders,
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#BankNifty-04/08/2022-Levels
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If Market Opens as a-
GAP-UP: Support of R@1 (BUY) – Rejection of PDH (SELL)
FLAT: Support of R@1 (BUY) – Rejection of IMP (SELL)
GAP-DOWN: Support of IMP (BUY) – Rejection of IMP (SELL)
_______________________
Happy Learning and Trading
Rules to fallow...
1) Trade with Strict Stop Loss.
2) Trade with Small Quantity.
3) Take entries based on Support & Resistance Levels.
Please take the trade according to the levels marked, with Risk-Reward.
This is not a Buy or Sell recommendation to anyone.
Take entries after your own analysis.
This is for education purpose and a helping hand to learn trading in market.
NOTE: Trade with Strict Stop Loss. It may or may not hit all levels. So one can book profit / loss at respective level considering how price action works near that level.
I hope you all like my analysis. Follow me to get regular updates.
Please do share your thoughts in comment section.
Please Hit a LIKE , it motivates me to do analysis and do share with your trading friends.
SHORT FORM &FULL FORM
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PDH-> Previous Day High
PDL-> Previous Day Low
PDC-> Previous Day Close
PDO-> Previous Day Open
PWH-> Previous Week High
PWO-> Previous Week Open
PWC-> Previous Week Close
PWL-> Previous Week Low
IMP -> Important
R@1, R@2,R@3... ->Resistance-Zones
S@1, S@2,S@3... ->Support-Zones
MS -> Major Support
SH -> Swing-High
SL -> Swing-Low
DT -> Double Top
DB -> Double Bottom
TT -> Triple Top
TB -> Triple Bottom
TF -> Time Frame
BO -> Break-Out
RR -> Risk-Reward
SL -> Stop-Loss
GAP -> The area b/w Previous Day Close and Today Open
Blue Color Text(S@*,R@*)-> Act as Major Support or Resistance-Zones(Be Alert, Chances to Market take Reversals )
Bankniftyintraday
bank nifty tomorrow trade planAll the information shared in this chart is provided for strictly educational purposes only. This chart is sharing information are based on the theory of technical analysis. This is not an offer to buy or sell stocks, futures, options, commodity, forex, interests or any other trading security. Back test yourself before jump into live market consult your financial adviser and use proper risk management.
BankNifty Daily Levels Update For Option Day Trading Tomorrow Up Side Possible Trade in Banknifty
Trade Entry –
If Banknifty Open gap Down Above Support Zone and Sustain above it (37724 – 37762) You Can Buy ATM CALL Option (37700 CALL)
Trade Target –
Banknifty Upside First Target is 37900
Banknifty Second Target is 38030
Trade Stoploss –
If Banknifty index Any 30 min candle Close Below Support 37724 then Exit from Trade or max . 30/35 Points Stoploss .
First Down Side Possible Trade in Banknifty
Trade Entry
If Banknifty Open Gap up Tommorw But Sustain below Resistance Zone (38075 – 38035) You Can Buy ATM PUT Option (38100 PUT)
Trade Target
Banknifty Downside First Target is 37760
Trade Stoploss
If Banknifty index Any 30 min candle Close Below Support 38075 then Exit from Trade or max . 30/35 Points Stoploss .
Second Down Side Possible Trade in Banknifty
Trade Entry
If Banknifty Open Gap Down Tommorw But Sustain below Resistance Zone (37724 – 37762) You Can Buy ATM PUT Option (37800 PUT)
Trade Target
Banknifty Downside First Target is 37392
Banknifty Downside First Target is 37100 ( if any one Hour Candle closes below 37350 )
Trade Stoploss
If Banknifty index Any 30 min candle Close Below Support 37762 then Exit from Trade or max . 30/35 Points Stoploss .
bank nifty tomorrow trade planAll the information shared in this chart is provided for strictly educational purposes only. This chart is sharing information are based on the theory of technical analysis. This is not an offer to buy or sell stocks, futures, options, commodity, forex, interests or any other trading security. Back test yourself before jump into live market consult your financial adviser and use proper risk management.
#BankNifty-01/08/2022-LevelsHello Traders,
+++++++++++
#BankNifty-01/08/2022-Levels
-------------------------------------
If Market Opens as a-
GAP-UP: Support of IMP (BUY) – Rejection of PDH (SELL)
FLAT: Support of IMP (BUY) – Rejection of IMP (SELL)
GAP-DOWN: Support of S@1 (BUY) – Rejection of S@1 (SELL)
_______________________
Happy Learning and Trading
Rules to fallow...
1) Trade with Strict Stop Loss.
2) Trade with Small Quantity.
3) Take entries based on Support & Resistance Levels.
Please take the trade according to the levels marked, with Risk-Reward.
This is not a Buy or Sell recommendation to anyone.
Take entries after your own analysis.
This is for education purpose and a helping hand to learn trading in market.
NOTE: Trade with Strict Stop Loss. It may or may not hit all levels. So one can book profit / loss at respective level considering how price action works near that level.
I hope you all like my analysis. Follow me to get regular updates.
Please do share your thoughts in comment section.
Please Hit a LIKE , it motivates me to do analysis and do share with your trading friends.
SHORT FORM &FULL FORM
-------------------------------
PDH-> Previous Day High
PDL-> Previous Day Low
PDC-> Previous Day Close
PDO-> Previous Day Open
PWH-> Previous Week High
PWO-> Previous Week Open
PWC-> Previous Week Close
PWL-> Previous Week Low
IMP -> Important
R@1, R@2,R@3... ->Resistance-Zones
S@1, S@2,S@3... ->Support-Zones
MS -> Major Support
SH -> Swing-High
SL -> Swing-Low
DT -> Double Top
DB -> Double Bottom
TT -> Triple Top
TB -> Triple Bottom
TF -> Time Frame
BO -> Break-Out
RR -> Risk-Reward
SL -> Stop-Loss
GAP -> The area b/w Previous Day Close and Today Open
Blue Color Text(S@*,R@*)-> Act as Major Support or Resistance-Zones(Be Alert, Chances to Market take Reversals )
bank nifty tomorrow trade planAll the information shared in this chart is provided for strictly educational purposes only. This chart is sharing information are based on the theory of technical analysis. This is not an offer to buy or sell stocks, futures, options, commodity, forex, interests or any other trading security. Back test yourself before jump into live market consult your financial adviser and use proper risk management.
Banknifty Spot chart analysis for 29.07.2022Banknifty standing below a strong resistance of 37382.
if banknifty crosses over 37382 then it may also cross 37521 and 37684 and may reach to the level of 37684.
between 37847 to 38023 is also an extremely strong resistance zone.
If Bank Nifty crosses over 38023 then it may reach to the level of 38209.
if banknifty moves down from where it left off then it may also cross 37225 and may reach to the level of 37045.
if banknifty crosses down below 37045 then it may take support on 36854, 36854 is a strong support.
If banknifty crosses down 36854 then it take bounce back from bounce back zone.
it is highly unlikely that banknifty will cross 38209 tomorrow and reach higher levels.
bank nifty tomorrow trade planAll the information shared in this chart is provided for strictly educational purposes only. This chart is sharing information are based on the theory of technical analysis. This is not an offer to buy or sell stocks, futures, options, commodity, forex, interests or any other trading security. Back test yourself before jump into live market consult your financial adviser and use proper risk management.