#Banknifty-10/03/2022-#ReportHello Traders,
#Banknifty-10/03/2022-#Report
------------------------------------------
Opened as a Big Gap-Up, above our R@4-Zone. Market took the support at R@3-Zone went to R@6-Zone and reversed. It was broken R@5, R@4, R@3 and R@2 then went to R@1-Zone. Finally closed below R@2-Zone.
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Bankniftyintraday
BankNifty Expiry Trade Setup | 10th MarchBankNifty opened with a gap-up around 33250 and we saw some weakness in the morning session which brought BankNifty towards 32950 zones but we saw a great upmove after consolidation and BankNifty made high at 33969.
Trades we took today -
> Bought BankNifty 33400 CE at 320 which we booked with a small profit at 355
> Bought BankNifty 33600 CE at 250 which we booked with 40 points loss
> Bought BankNifty 34000 CE at 210 which we booked with 30 points loss
> Bought BankNifty 33800 CE at 260, it went above to our Last Target 345 and Traders booked great profit
Initially, it was a choppy session and Traders booked a small profit in BankNifty though Nifty gave a clear rally today.
Tomorrow if BankNifty sustain above 33950, we may see a follow-up upmove.
Expectations for Tomorrow: Volatile Day.
Intraday Levels:
Buy Above 33950
Sell Below 33500
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Bearish Reversal trade explained (BANK NIFTY)Please do Refer Smaller Time frames for Better Understanding. (1 or 3 Min charts)
After a bullish move, created a support and failed to form Higher high and created a neckline.
@ 12:11 PM Broke down the neckline.(we'll enter only after retest)
@ 12:24 to 12:26 PM, Formed a bullish Candles trapping the retail traders, and this candles didn't break the neckline,
instead took a resistance.
Here comes our chance to enter for a short position at rejection.
BankNifty Intraday Trade Setup | 9th MarchBankNifty opened with a gap-down at 32560 and we saw further selling and BankNifty made low around 32170. We saw a great recovery from lower levels and BankNifty went above 33250 during the day which is 1100 points upmove from day low.
Trades we took today -
> Bought BankNifty 33200 CE at 390, it went above to our 1st Target 430 and Traders booked profit
> Bought BankNifty 33200 CE again at 340, it went above to our 2nd Target 410 and Traders booked profit
> Bought BankNifty 31900 PE at 370 which we booked with 50 points loss
> Bought BankNifty 33500 CE at 320 which we booked with 40 points profit
> Bought BankNifty 33200 CE at 290 which we booked with 15 points loss
> Bought BankNifty 31500 PE at 280 which we booked with 20 points loss
> Bought BankNifty 33500 CE again 290, it went above to our Last Target 290 and Traders booked great profit
Overall it was a highly volatile day, BankNifty Option Buyers booked profit.
Tomorrow if BankNifty sustain above 33250, we may see an upmove.
Expectations for Tomorrow: Volatile Day.
Intraday Levels:
Buy Above 33250
Sell Below 32900
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
#Banknifty-09/03/2022-#ReportHello Traders,
#Banknifty-09/03/2022-#Report
------------------------------------------
Opened as a Gap-Up, below our PDH. Market went to S@1-Zone and reversed. It was broken PDH, R@1 and R@2 then went to R@3-Zone. Finally closed above R@3.
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Simple Trade Setup | BANKNIFTY | 09-03-2022 [INTRADAY]NSE:BANKNIFTY
All the levels and trade setup will remain same as per previous.
Trade Setup for 09-03-2022
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 Intraday Trade Setup | 8th MarchBankNifty opened with a gap-down around 33250 and we saw further selling which bought BankNifty towards 32376 but we saw great recovery from lower levels and BankNifty went near to 32997.
As there was a data issue with NSE, we didn't take more trades. One trade we booked with loss and another one we booked with minor loss.
Tomorrow if BankNifty sustain above 33120, we may see a follow-up up move.
Expectations for Tomorrow: Volatile Day.
Intraday Levels:
Buy Above 33120
Sell Below 32750
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
#Banknifty-08/03/2022-#ReportHello Traders,
#Banknifty-08/03/2022-#Report
------------------------------------------
Opened as a Gap-Down, below our S@2-Zone. Market went to S@1-Zone and reversed. It was broken S@2,and PDL then went to D_B-Zone and reversed. Market was took the support at D_B-Zone and broken (PDL, S@2, S@1 and IMP)-Zones then went to R@1-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, it motivates me to do analysis and do SHARE with your trading friends.
Banknifty-08/03/2022-LevelsHello Traders,
Banknifty-08/03/2022-Levels
----------------------------------------
If Market Opens as a-
GAP-UP: Support of IMP (BUY) – Rejection of IMP (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
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 )
Simple Trade Setup | BANKNIFTY | 08-03-2022 [INTRADAY]NSE:BANKNIFTY
Trade Setup for 08-03-2022
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-07/03/2022-#ReportHello Traders,
#Banknifty-07/03/2022-#Report
------------------------------------------
Opened as a Big Gap-Down, below our S@6-Zone. Market was broken S@7, S@8 and S@9-Zones then went to S@10-Zone and reversed. Market was took the support at S@10-Zone and broken S@9 and S@8-Zones then went to S@7-Zone. Finally closed below S@7-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, it motivates me to do analysis and do SHARE with your trading friends.
BankNifty Intraday Trade Setup | 7th MarchBankNifty opened with a gap-down around 34600 zones and we saw selling from open which bought BankNifty to 34094 and BankNifty gave almost 1000 points bounce from that zone. Though we again saw selling after 2:00 PM and BankNifty fell more than 600 points from day high.
Trades we took today -
> Bought BankNifty 33900 PE at 540 which we booked with 50 points loss
> Bought BankNifty 33900 PE at 480, it went near to our Last Target 580 and Traders booked great profit
> Bought BankNifty 34100 PE at 405 which we booked with 45 points loss
Overall it was a highly volatile and average day for BankNifty Option Buyers.
Tomorrow if BankNifty sustain below 34100, we may see a fast down move.
Expectations for Tomorrow: Volatile Day.
Intraday Levels:
Buy Above 34600
Sell Below 34100
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Simple Trade Setup | BANKNIFTY | 07-03-2022 [INTRADAY]NSE:BANKNIFTY
Observations:
1) On weekly time frame, 34000 is major critical level. sustainable breakdown of it will give intraday fall. And closing below it make it bearish to test 32800 intermediate support and 32000 major support.
Please refer below chart : Weekly Time Frame.
2) On 1hr time frame, we can see rounding top pattern. Which is bearish pattern.
breakdown of 34000 will make it bearish.
Please refer below chart : 1hr Time Frame.
3) On 15min chart we can plot short term resistance channel.
Please refer below chart : 15min Time Frame.
-------------------------------------
Trade Setup for 07-03-2022
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-04/03/2022-#ReportHello Traders,
#Banknifty-04/03/2022-#Report
------------------------------------------
Opened as a Big Gap-Down, at our S@2-Zone. Market was broken S@3 and S@4 then went to near to S@5-Zone and reversed. Market was took the support at S@4-Zone and broken(S@3, S@2, PDL, S@1)-Zones then went near to IMP-Zone and reversed. Finally closed below 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, it motivates me to do analysis and do SHARE with your trading friends.
#Banknifty-04/03/2022-LevelsHello Traders,
Banknifty-04/03/2022-Levels
----------------------------------------
If Market Opens as a-
GAP-UP: Support of IMP (BUY) – Rejection of IMP (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
IMP -> Important
R@1, R@2,R@3... ->Resistance-Zones
S@1, S@2,S@3... ->Support-Zones
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
Simple Trade Setup | BANKNIFTY | 04-03-2022 [INTRADAY]NSE:BANKNIFTY
Observations:
1) On 15min time frame, we can see triangle pattern.
Range of 34880-34985 is support range.
Please refer below chart : 15min Time Frame.
-------------------------------------
Trade Setup for 04-03-2022
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 Intraday Trade Setup | 4th MarchBankNifty opened with a gap-up at 35683 and made high around 35800 but couldn't sustain at upper levels and we saw selling since open which took BankNifty towards 34900 zones. 34900 is strong support and BankNifty gave bounce towards 35100 a couple of times.
Trades we took today -
> Bought BankNifty 35600 PE at 160, it went above our Last Target 245 and Traders booked profit
> Bought BankNifty 35200 CE at 260 which we booked with 40 points loss
> Bought BankNifty 35600 PE at 410, it went above our Last Target 520 and Traders booked great profit
> Bought BankNifty 35000 PE at 290, it went above our Last Target 390 and Traders booked great profit
> Bought BankNifty 35600 PE at 350, it went above our Last Target 435 and Traders booked profit
> Bought BankNifty 34900 PE at 60, it went above our 3rd Target 130 and Traders made 100% profit
> Bought BankNifty 35300 CE at 45, it went near to our 2nd Target 90 and Traders made good profit
Overall, BankNifty Option Buyers booked insane profits today.
Tomorrow if BankNifty sustain below 34870, we may see a fast down move.
Expectations for Tomorrow: Volatile Day.
Intraday Levels:
Buy Above 35050
Sell Below 34870
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
BankNifty Expiry Trade Setup | 3rd MarchBankNifty opened with a big gap-down around 35550 due to Russia Ukraine uncertainty. We saw a follow-up selling in BankNifty and it made low at 34900 zones which was also support zones and we also saw more than 500 points short-covering move from lower levels.
Trades we took today -
> Bought BankNifty 35300 PE at 430, it went above our 2nd Target 500 and Traders booked great profit
> Bought BankNifty 35500 PE at 330 which we booked with 50 points loss
> Bought BankNifty 35200 PE at 430, it went above our 2nd Target 490 and Traders booked great profit
> Bought BankNifty 35100 PE at 410, it went above our Last Target 520 and Traders booked great profit
Overall, BankNifty Option Buyers booked profit today.
Tomorrow if BankNifty
Expectations for Tomorrow: Volatile Day.
Intraday Levels:
Buy Above 35600
Sell Below 35200
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
BankNifty Intraday Trade Setup | 25th FebBankNifty opened with a huge gap-down around 36200 as Russia invaded Ukraine, initially BanKNifty showed some bounce to tired to hold and due to fear, high selling pressure was there and BankNifty broke all the supports on the downside.
Trades we took today -
> Bought BankNifty 36000 CE at 250 which we booked with 40 points loss
> Bought BankNifty 36200 PE at 360, it went above our Last Target 490 and Traders booked great profit
> Bought BankNifty 36000 PE at 140, it went above our Last Target 230 and Traders booked great profit
Overall, BankNifty Option Buyers booked great profit yesterday.
SGX Nifty indicates a gap-up opening, if BankNifty sustains above 35800 we may see an upmove.
Expectations for Tomorrow: Volatile Day.
Intraday Levels:
Buy Above 35800
Sell Below 35500
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Banknifty-02/03/2022-LevelsHello Traders,
Banknifty-02/03/2022-Levels
--------------------------------------
If Market Opens as a-
GAP-UP: Support of R@2 (BUY) – Rejection of R@3 (SELL)
FLAT: Support of PDH (BUY) – Rejection of R@1 (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
IMP -> Important
R@1, R@2,R@3... ->Resistance-Zones
S@1, S@2,S@3... ->Support-Zones
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
Simple Trade Setup | BANK NIFTY | 02-03-2022 [INTRADAY]NSE:BANKNIFTY
Trade Setup for 02-03-2022
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.
Simple Trade Setup | BANK NIFTY | 28-02-2022 [INTRADAY]NSE:BANKNIFTY
Observations:
1) On 1day time frame, in last day session on Friday, it face resistance from 200DMA range.
200DMA is placed at 36652 level range.
Safe buy only if it sustain above 36652 level range.
Please refer below chart : 1day Time Frame.
-------------------------------------
Trade Setup for 28-02-2022
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 - 15 MIN -28/02/2022 TRADE SETUP ( SUPPLY AND DEMAND )Hello traders,
Banknifty faced a strong RESISTANCE at price level 36615 on 24th and 25th february, because it is an important level in a Higher Timeframe.
Previous 2 Trading sessions Banknifty can't close its price above the key level ( 36615 ). So, there is a chance that on Monday it can break that resistance.
Because PCR ratio is 0.8 that means according to options data market may be BULLISH on monday.
1) If it breaks that level our target will be 37400 if BULLISH.
24th feb we had a VIRGIN CPR so it can act as a GREAT RESISTANCE.
2) If it can't break that level (36615) the market will be BEARISH.
In that case our target will be 35620.
Thank you <3