Simple Trade Setup | BANKNIFTY | 25-04-2022 [INTRADAY]NSE:BANKNIFTY
Trade Setup for 25-04-2022
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.
Bankniftyintraday
BankNifty Intraday Trade Setup | 22nd AprilBankNifty opened with a gap-up around 36500 and after making a low near 36400 BankNifty gave a trending move upside though moves were choppy and Option Buyers couldn't get benefit.
Trades we took on Expiry day, 13th April-
> Bought BankNifty 36800 PE at 310 which we booked with 50 points loss
> Bought BankNifty 36900 PE at 340, it made a high above our Last Target of 440 and Traders booked profit
> Bought BankNifty 36800 PE at 320, it made a high above our 2nd Target of 390 and Traders booked profit
> Bought BankNifty 36900 PE at 300, it made a high above our 1st Target of 340 and Traders booked profit
> Bought BankNifty 36500 CE at 160, it made a high above our 1st Target of 190 and Traders booked profit
> Bought BankNifty 36700 PE at 160 which we booked with 20 points loss
> Bought BankNifty 36600 CE at 110, it made a high around 220 and Traders booked great profit
Overall BankNifty Option buyers made a profit on weekly expiry.
Tomorrow if BankNifty breaks 36900 on the upside, we can expect an upmove but the 37000 zone will act as resistance so book your profit quickly.
Expectations for Tomorrow: Volatile Day.
Intraday Levels:
Buy Above 36900
Sell Below 36550
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
BankNifty Expiry Trade Setup | 21st AprilBankNifty opened with a gap-up around 36500 and was trading in 400 points range 36110 - 36500 throughout the day.
Trades we took on Expiry day, 13th April-
> Bought BankNifty 36200 CE at 320, it made a high above our Last Target of 430 and Traders booked profit
> Bought BankNifty 36100 CE at 360 and added more at 340, it made a high above our 3rd Target of 450 and Traders booked profit
> Bought BankNifty 36500 PE at 290, it made a high above our 2nd Target of 350 and Traders booked profit
> Bought BankNifty 36300 CE at 290 which we booked with a small loss at 280
> Bought BankNifty 36300 CE at 250, it made a high above our Last Target of 350 and Traders booked profit
> Bought BankNifty 36400 CE at 260 which we booked with 40 points loss
> Bought BankNifty 36200 CE at 290, it made a high above our 1st Target of 340 and Traders booked profit
Overall BankNifty Option buyers made a profit on a choppy day.
Tomorrow if BankNifty breaks 36520 on the upside, we can expect an upmove.
Expectations for Tomorrow: Range-bound day, volatility after 1:00.
Intraday Levels:
Buy Above 36520
Sell Below 36110
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
#BankNifty-21/04/2022-LevelsHello Traders,
+++++++++++
BankNifty-21/04/2022-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
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-19/04/2022-#ReportHello Traders,
#BankNifty-19/04/2022-#Report
---------------------------------------
Opened as a Gap-Up, at our R@1-Zone. Market took the support at IMP-Zone then went near to R@2-Zone and reversed. Market broken PDH, R@1, IMP,S@1, PDL, S@2-Zones then went to S@3-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-19/04/2022-LevelsHello Traders,
BankNifty-19/04/2022-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 IMP (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 | 19th AprilBankNifty opened with a big gap-down around 36580 and after making a high near 36970 we saw selling pressure and BankNifty made a low around 36440 which acted as support for the day.
Trades we took on Expiry day, 13th April-
> Bought BankNifty 36800 PE at 350, it made a high above our Last Target of 445 and Traders booked profit
> Bought BankNifty 37000 CE at 350 which we booked with a small profit at 390
> Bought BankNifty 36800 PE again at 310, it made a high above our Last Target of 420 and Traders booked profit
> Bought BankNifty 36800 PE again at 370 which we booked with a small loss at 335
Overall BankNifty Option buyers made a profit on a choppy day.
Tomorrow if BankNifty breaks 37000 on the upside, we can expect an upmove towards 37300 - 37400 zones.
Expectations for Tomorrow: Volatile day.
Intraday Levels:
Buy Above 37000
Sell Below 36640
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
BankNifty Intraday Trade Setup | 18th AprilBankNifty opened with a gap-up around 37890 and after making a high at 37988 it was forming lower lows throughout the day and closed near a day low at 37463.
Trades we took on Expiry day, 13th April-
> Bought BankNifty 37700 CE at 300 which we booked with a small loss of 15 points
> Bought BankNifty 38100 PE at 240, it made a high above our Last Target of 330 and Traders booked profit
> Bought BankNifty 38000 PE at 270, it made a high above our 2nd Target of 315 and Traders booked profit
> Bought BankNifty 37700 CE again at 170, it made a high above our 2nd Target of 215 and Traders booked profit
> Bought BankNifty 38000 PE again at 240, it made a high above our Last Target of 330 and Traders booked profit
> Bought BankNifty 37500 CE at 290 which we booked with a loss of 40 points
> Bought BankNifty 37600 CE at 150 which we booked with a loss of 30 points
> Bought BankNifty 37800 CE 21st April at 410 which we booked with 50 points loss
Overall a choppy day, BankNifty Option Buyers booked a good profit in 1st Half but 2nd Half we booked a loss.
Tomorrow if BankNifty breaks 37200 on the downside, a fast down move is expected.
Expectations for Tomorrow: Volatile day.
Intraday Levels:
Buy Above 37620
Sell Below 37200
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Banknifty-18/04/2022-LevelsHello Traders,
Banknifty-18/04/2022-Levels
----------------------------------------
If Market Opens as a-
GAP-UP: Support of PWO (BUY) – Rejection of IMP (SELL)
FLAT: Support of IMP (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
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 Expiry Trade Setup | 13th AprilBankNifty opened with a gap-down around 37450 and after making a low at 37280 it was consolidated near the day low and gave a short-covering move in the last hour towards 37900.
Trades we took today -
> Bought BankNifty 37500 PE at 310 which we booked with a small profit of 40 points
> Bought BankNifty 37200 CE at 340, it made a high above our 2nd Target of 390 and Traders booked profit
> Bought BankNifty 37300 CE at 280, it made a high above our 1st Target of 330 and Traders booked profit
> Bought BankNifty 37300 CE again at 280, it made a high above our 1st Target of 330 and Traders booked profit
> Bought BankNifty 37500 PE at 290 which we booked with 40 points loss
> Bought BankNifty 37300 CE again at 340, it made a high above our 2nd Target of 385 and Traders booked profit
> Bought BankNifty 37600 PE again at 270, it made a high above our 3rd Target of 350 and Traders booked profit
> Bought BankNifty 37700 PE again at 310 which we booked with 40 points loss
> Bought BankNifty 37600 CE again at 270, it made a high above our Last Target of 370 and Traders booked profit
Overall a choppy day but BankNifty Option Buyers booked a good profit.
Tomorrow if BankNifty breaks 38000 on the upside, a fast short-covering move is expected.
Expectations for Tomorrow: Range-bound Day, Volatality after 1:30 PM.
Intraday Levels:
Buy Above 38000
Sell Below 37600
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Banknifty-12/04/2022-LevelsHello Traders,
Banknifty-12/04/2022-Levels
----------------------------------------
If Market Opens as a-
GAP-UP: Support of IMP (BUY) – Rejection of IMP (SELL)
FLAT: Support of IMP (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
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 | 12th AprilBankNifty opened with a gap-down around 37640 and after making a low at 37524 BankNifty was trading in a range 37940 - 37524 for the whole day.
Trades we took today -
> Bought BankNifty 37600 PE at 330, it made a high above our 1st Target of 370 and Traders booked profit
> Bought BankNifty 37700 CE at 320, it made a high above our Last Target of 400 and Traders booked profit
> Bought BankNifty 37800 PE at 320, it made a high above our 1st Target of 360 and Traders booked profit
> Bought BankNifty 37800 CE at 350, it made a high above our 1st Target of 390 and Traders booked profit
> Bought BankNifty 37800 PE at 270, it made a high above our Last Target of 335 and Traders booked profit
Overall BankNifty Option Buyers booked profit in all Trades today.
Tomorrow if BankNifty breaks 37500 on the downside, a fast down move is expected.
Expectations for Tomorrow: Range-bound Day
Intraday Levels:
Buy Above 38000
Sell Below 37500
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
BankNifty Intraday Trade Setup | 11th AprilBankNifty opened with a gap-up around 37640 and was trading in the 400 - 450 points range for the whole day where the high was around 378880 and low was 34400.
Trades we took today -
> Bought BankNifty 37600 PE at 460 which we booked with a small profit of 40 points
> Bought BankNifty 37400 PE at 370, it made a high above our 2nd Target of 430 and Traders booked profit
> Bought BankNifty 37800 CE at 420, it made a high above our 1st Target of 470 and Traders booked profit
> Bought BankNifty 37600 PE at 380 which we booked with 25 points loss
Overall it was a choppy day and BankNifty Option Buyers booked a small profit.
Tomorrow if BankNifty breaks 38000 on the upside, an upmove towards 38200 and above is expected.
Expectations for Tomorrow: Volatile Day
Intraday Levels:
Buy Above 38000
Sell Below 37600
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
BankNifty Intraday Trade Setup | 8th AprilBankNifty opened with a gap-down around 37500 and after forming a low near 37350 we saw a good bounce, BankNifty went above 37950 but again saw the rejection at the upper level.
Trades we took today -
> Bought BankNifty 37600 PE at 240, it made a high above our 2nd Target of 290 and Traders booked profit
> Bought BankNifty 37600 PE again at 210 which we booked with 10 points loss
> Bought BankNifty 37300 CE at 230, it made a high above our 3rd Target of 300 and Traders booked profit
> Bought BankNifty 37700 PE at 230, it made a high above our 2nd Target of 280 and Traders booked profit
> Bought BankNifty 37400 CE at 190 which we booked with 15 points loss
> Bought BankNifty 37700 PE again at 240, it made a high above our 1st Target of 280 and Traders booked profit
> Bought BankNifty 37400 CE again at 290, it made a high above our Last Target of 375 and Traders booked profit
> Bought BankNifty 38000 PE at 160, it made a high above our 1st Target of 200 and Traders booked profit
> Bought BankNifty 38000 PE again at 150, it made a high above our 2nd Target of 195 and Traders booked profit
> Bought BankNifty 37700 PE again at 65, it made a high above our Last Target of 135 and Traders booked profit
Overall it was a fantastic day for BankNifty Option Buyers.
Tomorrow if BankNifty breaks 37460 on the downside, we may see a down move.
Expectations for Tomorrow: Trending Day
Intraday Levels:
Buy Above 37720
Sell Below 37460
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Bank Nifty Level Upadate for Trading | END OF DAY CHART ANALYSISBankNifty Chart Analysis Updated on 08 April , for Option Trading on 11 April
Trade with Position sizing , Trade As per Chart , Stoploss As per Chart , Profit Booking As per Chart
Weekly Options Contracts Expiry On Every Thursday Of TheCWeek. If the Thursday is a Trading Holiday, the Contracts Expire on the Previous Trading Day
This site is for educational purposes only,Please take professional advice before making any decision.
For More Inforation Search In Google - Trading with Manoj Shinde 27485
Simple Trade Setup | BANKNIFTY | 11-04-2022 [INTRADAY]NSE:BANKNIFTY
Trade Setup for 11-04-2022
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-08/04/2022-LevelsHello Traders,
Banknifty-08/04/2022-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 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
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 Expiry Trade Setup | 7th AprilBankNifty opened with a gap-down around 37740 and after testing 37820 zones we saw selling towards 37513 and BankNifty was trading in the 300 - 350 points range for the whole day.
Trades we took today -
> Bought BankNifty 37600 CE at 300, it made a high above our Last Target of 395 and Traders booked profit
> Bought BankNifty 38000 PE at 440, we added more at 400 and booked all with profit around 500
> Bought BankNifty 38000 PE again at 440, it made a high above our 2nd Target of 520 and Traders booked profit
> Bought BankNifty 37600 CE at 320, it made a high above our 3rd Target of 410 and Traders booked profit
> Bought BankNifty 37600 CE again at 320, it made a high above our 3rd Target of 410 and Traders booked profit
> Bought BankNifty 37500 CE at 320 which we booked with 5 points loss
> Bought BankNifty 37900 PE again at 330, it made a high above our 1st Target of 390 and Traders booked profit
> Bought BankNifty 37500 CE at 290, it made a high above our 3rd Target of 360 and Traders booked profit
Overall it was a wonderful day for BankNifty Option Buyers.
Tomorrow if BankNifty breaks 37500 on the downside, we may see a fast down move.
Expectations for Tomorrow: Range-bound day, Volatality after 1:10 PM.
Intraday Levels:
Buy Above 37870
Sell Below 37500
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
BANKNIFTY- Triangle BreakoutRefer Smaller Time Frames.
Formed a Triangle pattern.
Broke out of triangle pattern and Important Resistance( Yesterday's Support)
And it was Perfectly Placed @ 61% FIB. (FIB was drawn from yesterdays High to Todays Low)
Once the retest is done and again broke the zone with impulse, here entered a long position.(11:26 Hrs)
TWO Targets were set-
1st @ Yesterday's High
2nd@ Previous GAP
Stop loss was set @ retest Low.