Bankniftyintraday
#BankNifty-20/05/2022-#ReportHello Traders,
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#BankNifty-20/05/2022-#Report
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Opened as a Big Gap-Up, above PDH then market broken R@2, R@3 and PWO then went to Dashed Line.
I hope you all like my analysis. Follow me to get regular updates.
Please do share your thoughts in comment section.
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Please Hit a LIKE, and do SHARE with your trading friends.
#BankNifty-20/05/2022-LevelsHello Traders,
+++++++++++
#BankNifty-20/05/2022-Levels
-------------------------------------
If Market Opens as a-
GAP-UP: Support of R@1 (BUY) – Rejection of R@1 (SELL)
FLAT: Support of IMP (BUY) – Rejection of S@1 (SELL)
GAP-DOWN: Support of PDL (BUY) – Rejection of PDL (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 Expiry Trade Setup | 19th MayToday BankNifty opened with a Gap-up around 34455 and after making a high near 34660 we saw selling in BankNifty which brought BankNifty towards 34130 zones.
Tomorrow if BankNifty sustains below 34100, we can expect a down-move but 34000 is psychological support so book profits quickly.
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-19/05/2022-#ReportHello Traders,
+++++++++++
#BankNifty-19/05/2022-#Report
----------------------------------------
Opened as a Big Gap-Down, above S@3-Zone then went near to PWL and reversed. Finally closed above S@4-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 Intraday Trade Setup | 18th MayToday BankNifty opened with a Gap-up around 33810 and after making a low near 33680, it breaks the important resistance of 34000 and we saw good 300 points upmove from 34000 zones though the movement was slow.
Tomorrow if BankNifty sustains above 34400, we can expect another up-move.
Expectations for Tomorrow: Volatile day.
Intraday Levels:
Buy Above 34400
Sell Below 33950
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
#BankNifty-18/05/2022-LevelsHello Traders,
+++++++++++
#BankNifty-18/05/2022-Levels
---------------------------------------
If Market Opens as a-
GAP-UP: Support of R@2 (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
-------------------------------
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 | 17th MayBankNifty opened with a small Gap-up around 33260 and after making a low near 33000 we saw a good bounce which took BankNifty towards 33800 which again acted as a supply zone and we saw some fall.
Tomorrow if BankNifty sustains above 33800, we can expect an up-move.
Expectations for Tomorrow: Volatile day.
Intraday Levels:
Buy Above 33800
Sell Below 33350
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
BankNifty Intraday Trade Setup | 16th MayTomorrow if BankNifty sustains above 33300, we can expect an up-move.
Expectations for Tomorrow: Volatile day.
Intraday Levels:
Buy Above 33300
Sell Below 32900
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
#BankNifty-13/05/2022-LevelsHello Traders,
+++++++++++
#BankNifty-13/05/2022-Levels
---------------------------------------
If Market Opens as a-
GAP-UP: Support of IMP (BUY) – Rejection of IMP (SELL)
FLAT: Support of R@1 (BUY) – Rejection of PDL (SELL)
GAP-DOWN: Support of PDL (BUY) – Rejection of PDL (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 | 13th MayBankNifty opened with a gap-down due to weak global cues around 34330, we saw selling pressure since morning and BankNifty was keep forming lower lows. BankNifty took support at 33300 zones and we saw more than 250 points bounce in the last hour.
Trades we took yesterday-
> Bought BankNifty 34000 PE at 120, it went above our Last Target of 210, few Traders also did trail the SL and booked great profit
> Bought BankNifty 34100 CE at 170 which we booked with 30 points loss
> Bought BankNifty 34000 CE at 150 which we booked with 30 points loss
> Bought BankNifty 33800 PE at 210 which we booked with 40 points loss
> Bought BankNifty 33800 CE at 80, it went above our 2nd Target of 150 and Traders booked profit
> Bought BankNifty 33500 PE at 60, added more at 50. It went above our Last Target of 160 and Traders booked profit
Overall, BankNifty option buyers booked profit on a weekly expiry day.
Tomorrow if BankNifty breaks 33650 on the upside, we can expect an up-move.
Expectations for Tomorrow: Volatile day.
Intraday Levels:
Buy Above 33650
Sell Below 33300
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
BankNifty Expiry Trade Setup | 12th MayBankNifty opened with a gap-up around 34690 and after making a high at 34727 we saw selling which brought BankNifty towards 34150 zones which acted as support and we saw more than 600 points upmove from lower levels.
Trades we took yesterday-
> Bought BankNifty 34800 PE at 290, it went above our 3rd Target of 360 and Traders booked profit
> Bought BankNifty 34500 CE at 310, it went above our 1st Target of 350 and Traders booked profit
> Bought BankNifty 34800 PE at 340, it went above our Last Target of 425 and Traders booked profit
> Bought BankNifty 34500 PE at 330 which we booked with 25 points loss at 305
> Bought BankNifty 34500 CE again at 240, it went above our Last Target of 340 and Traders booked profit
Overall, it was a wonderful day and BankNifty Option Buyers made a significant profit.
Tomorrow if BankNifty breaks 34800 on the upside, we can expect an up-move.
Expectations for Tomorrow: Negative morning session till 10:30.
Intraday Levels:
Buy Above 34800
Sell Below 34480
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
BankNifty Intraday Trade Setup | 11th MayBankNifty opened flat around 34240 and after making a low near 34175 we saw an upmove BankNifty made a high near 34800 which acted as a rejection zone and profit booking was seen.
Trades we took yesterday-
> Bought BankNifty 34400 PE at 330, it went above our 1st Target of 360 and Traders booked profit
> Bought BankNifty 35000 CE May Expiry at 455, it went above our 1st Target of 550 and Traders booked profit
> Bought BankNifty 34700 PE at 260, it went above our Last Target of 325 and Traders booked profit
> Bought BankNifty 34500 CE at 315 which we booked with a loss at 285
Overall, it BankNifty option buyers booked profit on a volatile day.
Tomorrow if BankNifty breaks 35550 on the upside, we can expect an up-move.
Expectations for Tomorrow: Volatile day.
Intraday Levels:
Buy Above 34550
Sell Below 34300
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
#BankNifty-11/05/2022-LevelsHello Traders,
+++++++++++
#BankNifty-11/05/2022-Levels
---------------------------------------
If Market Opens as a-
GAP-UP: Support of PDH (BUY) – Rejection of PDH (SELL)
FLAT: Support of PDH (BUY) – Rejection of PDL (SELL)
GAP-DOWN: Support of PDL (BUY) – Rejection of PDL (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
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 | 10th MayBankNifty opened with a gap-down around 34225 and after making a low around 33925 we saw a bounce which took BankNifty to above 34550 but that acted as a rejection zone and we again saw a fall towards 34100 zones.
Trades we took yesterday-
> Bought BankNifty 34200 CE at 390 which we booked at 370 with 20 points loss
> Bought BankNifty 34000 CE at 430 which we booked at 410 with 20 points loss
> Bought BankNifty 34100 PE at 440, it went above our 1st Target of 490 and Traders booked profit
> Bought BankNifty 34000 CE at 400, it went above our 2nd Target of 460 and Traders booked profit
> Bought BankNifty 34100 PE at 410 which we booked at 360 with 50 points loss
> Bought BankNifty 34000 CE at 390, it went above our 1st Target of 430 and Traders booked profit
> Bought BankNifty 34300 PE at 390 which we booked at 345 with 45 points loss
> Bought BankNifty 34500 CE at 380which we booked at 330 with 50 points loss
Overall, it was not a good day for BankNifty option buyers.
Tomorrow if BankNifty breaks 34600 on the upside, we can expect an up-move.
Expectations for Tomorrow: Range-bound day.
Intraday Levels:
Buy Above 34600
Sell Below 34000
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
BankNifty Intraday Trade Setup 9th MayBankNifty opened with a gap-down around 34720 and was trading in a range 34800 - 34350 for entire day.
Trades we took yesterday-
> Bought BankNifty 34500 PE at 400, it went above our 2nd Target of 460 and Traders booked profit
> Bought BankNifty 34600 CE at 480 which we booked at 510 with 30 points profit
> Bought BankNifty 34600 CE at 390, it went above our Last Target of 500 and Traders booked profit
> Bought BankNifty 34500 PE at 440 and added more at 410, it went above our 3rd Target of 550 and Traders booked profit
Overall, BankNifty option buyers booked great profit on a volatile day.
Today if BankNifty breaks 34300 on the downside, we expect a further down-move.
Expectations for Tomorrow: Volatile day.
Intraday Levels:
Buy Above 34800
Sell Below 34300
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
#BankNifty-09/05/2022-LevelsHello Traders,
+++++++++++
#BankNifty-09/05/2022-Levels
---------------------------------------
If Market Opens as a-
GAP-UP: Support of PDH (BUY) – Rejection of PDH (SELL)
FLAT: Support of PDH (BUY) – Rejection of IMP (SELL)
GAP-DOWN: Support of PDL (BUY) – Rejection of PDL (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
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
M_S -> Major Support
S_H -> Swing-High
S_L -> Swing-Low
D_T -> Double Top
D_B -> Double Bottom
T_T -> Triple Top
T_B -> 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 | 6th MayBankNifty opened with a gap-up around 35713 and showed strength in the morning which took BankNifty to 35934 but we saw strong rejection in this zones and BankNifty gave almost 800 points fall from day high.
Trades we took yesterday-
> Bought BankNifty 35500 PE 12th May at 380, it went above our 1st Target of 430 and Traders booked profit
> Bought BankNifty 35500 PE 12th May again at 390 which we booked with 40 points loss
> Bought BankNifty 35600 PE 12th May at 350 which we booked at 369 with 19 points profit
> Bought BankNifty 36000 CE 12th May at 370, it went above our 1st Target of 410 and Traders booked profit
> Bought BankNifty 36000 PE 5th May at 190, it went above our Last Target of 300 and Traders booked profit
> Bought BankNifty 36000 CE 12th May at 340 which we booked at 325 with 15 points loss
> Bought BankNifty 35600 PE 12th May at 390, it went above our Last Target of 480 and Traders booked profit
> Bought BankNifty 35500 PE 5th May at 45, it made a high above 340 and Traders booked insane profit
Overall, it was a wonderful expiry day for BankNifty option buyers.
Today if BankNifty breaks 34900 on the downside, we expect a further down-move.
Expectations for Tomorrow: Volatile day.
Intraday Levels:
Buy Above 35400
Sell Below 34900
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team