BankNifty Intraday Trade Setup | 1st JuneBankNifty opened with a gap-down around 35610 and after making a low near 35580 we saw a good bounce in BankNifty towards 35875 but BankNifty again faced resistance at higher levels and we saw more than 500 points free fall in last 30-35 mins.
Tomorrow if BankNifty sustains below 35300, we can expect a further downmove.
Expectations for Tomorrow: Volatile day.
Intraday Levels:
Buy Above 35720
Sell Below 35300
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
Bankniftyintraday
#BankNifty-01/06/2022-LevelsHello Traders,
+++++++++++
#BankNifty-01/06/2022-Levels
-------------------------------------
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
PDO-> Previous Day Open
PDC-> Previous Day Close
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 )
BankNifty Intraday Trade Setup | 31st MayBankNifty opened with a gap-up around 35980 and made a morning high around 36080 where we saw resistance and BankNifty gave around 300 points fall from day high.
Tomorrow if BankNifty sustains above 36000, we can expect a further upmove.
Expectations for Tomorrow: Range-bound day.
Intraday Levels:
Buy Above 36000
Sell Below 35600
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
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-27/05/2022-#ReportHello Traders,
+++++++++++
#BankNifty-27/05/2022-#Report
-----------------------------------------
Opened as a Big Gap-Up, above R@1-Zone. Market went near to TL and reversed. Finally closed In between PDH and R@1-Zone.
Finally closed above R@2-Zone.
-> 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, and do SHARE with your trading friends.
#BankNifty-30/05/2022-LevelsHello Traders,
+++++++++++
#BankNifty-30/05/2022-Levels
-------------------------------------
If Market Opens as a-
GAP-UP: Support of PWH (BUY) – Rejection of PDH (SELL)
FLAT: Support of PDH (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
-------------------------------
PDH-> Previous Day High
PDL-> Previous Day Low
PDC-> Previous Day Close
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 )
BankNifty Intraday Trade Setup | 30th MayBankNifty opened with a gap-up around 35335 and made a morning high around 35575 we saw a range-bound movement in but 35400 acted as strong support and BankNifty made a new day high near 35700.
Tomorrow if BankNifty sustains above 35800, we can expect a further upmove.
Expectations for Tomorrow: Trending day.
Intraday Levels:
Buy Above 35800
Sell Below 35480
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
BankNifty Intraday Trade Setup | 27th MayBankNifty opened with a small gap-up around 34690, after making the morning high around 34720, we again saw selling which brought BankNifty towards 34450 zones which acted as strong support and we saw more than 700 points upmove from lower levels.
Tomorrow if BankNifty sustains above 35300, we can expect a further upmove.
Expectations for Tomorrow: Volatile day.
Intraday Levels:
Buy Above 35300
Sell Below 34900
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
Simple Trade Setup | BANKNIFTY | 30-05-2022 [INTRADAY]NSE:BANKNIFTY
Observations:
1) On 5min Time frame, we can see a temporary support trendline which was formed on Friday session.
Please refer below chart : 5min time frame.
2) On 1hr time frame, we can see it has alraedy gave breakout of the resistance trendline.
Please refer below chart : 1 hr time frame.
3) In case if we apply Fib Retracement, on 1day time frame for recent up move then we can see that it already gave closing above 50% retracement level.
Please refer below chart : 1 day time frame.
-------------------------------------
Trade Setup for 30-05-2022
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
#BankNifty-27/05/2022-LevelsHello Traders,
+++++++++++
#BankNifty-27/05/2022-Levels
----------------------------------------
If Market Opens as a-
GAP-UP: Support of PDH (BUY) – Rejection of R@2 (SELL)
FLAT: Support of PDH (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
-------------------------------
PDH-> Previous Day High
PDL-> Previous Day Low
PDC-> Previous Day Close
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 )
#BankNifty-26/05/2022-#ReportHello Traders,
+++++++++++
#BankNifty-26/05/2022-#Report
----------------------------------------
Opened as a Gap-Up, below PDH. Market took the support at IMP-Zone and reversed.
Market broken PWH, PDH, and R@1 then went to R@2-Zones.
Finally closed above R@2-Zone.
-> 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, and do SHARE with your trading friends.
BankNifty Expiry Trade Setup | 25th MayBankNifty opened with a small gap-up around 34492, in the morning we saw some strength and BankNifty made a high of around 34720 but we again saw resistance in 34700 - 34800 zones and BankNifty came below 34300.
Tomorrow if BankNifty sustains below 34120, we can expect a further downmove.
Expectations for Tomorrow: Volatile day.
Intraday Levels:
Buy Above 34500
Sell Below 34120
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
BankNifty Intraday Trade Setup | 25th MayBankNifty opened flat around 34250 and made a morning high near 34490 which acted as resistance, we saw some selling from upper levels but BankNifty was trading in a range and very volatile.
Tomorrow if BankNifty sustains above 34420, we can expect an upmove.
Expectations for Tomorrow: Volatile day.
Intraday Levels:
Buy Above 34420
Sell Below 34000
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
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-24/05/2022-#ReportHello Traders,
+++++++++++
#BankNifty-24/05/2022-#Report
----------------------------------------
Opened as a Gap-Up, above PDL. Market broken PWC and IMP-Zone then went to R@1-Zone and reversed. Finally closed above PWC.
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, and do SHARE with your trading friends.
BankNifty Intraday Trade Setup | 24th MayBankNifty opened with a Gap-up around 34330, made low near 34115 in the morning volatility and after that BankNifty gave a great upmove above 34800 but it again acted as rejection and we saw more than 600 points fall from upper levels.
Tomorrow if BankNifty sustains above 34400, we can expect an upmove.
Expectations for Tomorrow: Range-bound day.
Intraday Levels:
Buy Above 34400
Sell Below 34100
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
BankNifty Intraday Trade Setup | 23rd MayBankNifty opened with a Gap-up around 33685, it was a tending day and BankNifty made a high above 34350.
Tomorrow if BankNifty sustains above 34400, we can expect an upmove.
Expectations for Tomorrow: Volatile day.
Intraday Levels:
Buy Above 34400
Sell Below 34100
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
#BankNifty-23/05/2022-#ReportHello Traders,
+++++++++++
#BankNifty-23/05/2022-#Report
----------------------------------------
Opened as a Gap-Up, above PWC then market broken PDH and R@1 then went to PWH and reversed. Finally closed at IMP-Zone.
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, and do SHARE with your trading friends.
#BankNifty-23/05/2022-LevelsHello Traders,
+++++++++++
#BankNifty-23/05/2022-Levels
--------------------------------------
If Market Opens as a-
GAP-UP: Support of R@1 (BUY) – Rejection of R@1 (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
-------------------------------
PDH-> Previous Day High
PDL-> Previous Day Low
PDC-> Previous Day Close
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 )