BankNifty Expiry Trade Setup | 24th FebBankNifty opened with a gap-up above 37600 and faced rejection in the 37800 zones. BankNifty was trading in 200 points range which it broke in the last 30 mins.
Trades we took today -
> Bought BankNifty 37700 PE at 330 which we booked with 20 points loss
> Bought BankNifty 38000 PE at 410, it went above our Last Target 525 and Traders booked great profit
> Bought BankNifty 37600 PE at 290, added more at 270 and we booked it around cost due to slow movement
> Bought BankNifty 37300 CE at 440, it went above our Last Target 560 and Traders booked great profit
Overall, it was a choppy day for BankNifty Option Buyers.
Tomorrow, if BankNifty sustains below 37300 we may see a fast down move.
Expectations for Tomorrow: Volatile Day.
Intraday Levels:
Buy Above 37480
Sell Below 37300
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Bankniftyintraday
Banknifty-25/02/2022-LevelsHello Traders,
Banknifty-25/02/2022-Levels
----------------------------------------
If Market Opens as a-
GAP-UP: Support of R@2 (BUY) – Rejection of IMP (SELL)
FLAT: Support of R@1 (BUY) – Rejection of PDL (SELL)
GAP-DOWN: Support of PDL(BUY) – Rejection of S@2 (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
BANKNIFTY Intraday Trade Setup For 25 Feb 2022BANKNIFTY Intraday Trade Setup For 25 Feb 2022
Buy- None
Sell-Below 35000
Sl-35200
T-34500 34000
BANKNIFTY has opened and crashed due to Ukraine- Russia problem. Index opened with huge gap down.
No much elaboration is needed. Market is sell on rise. Trade all the breakdowns, bear flags.
No buying at all. Safe traders can avoid trading for some day.
Simple Trade Setup | BANKNIFTY | 24-02-2022 [INTRADAY]NSE:BANKNIFTY
Observations:
1) On 1day time frame, it closed just above 100EMA.
100DMA is placed at 37355 level.
Please refer below chart : 1day Time Frame.
-------------------------------------
Trade Setup for 24-02-2022
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 Intraday Trade Setup | 23rd FebBankNifty opened with a big gap-down and made low near 36800 zones which is strong support and BankNifty showed approx. 800 points upmove from lower levels though we again saw the rejection at 37650 zones.
Trades we took today -
> Bought BankNifty 36800 PE at 350, it went above our 1st Target 400 and Traders booked great profit
> Bought BankNifty 37200 PE at 400, it went above our 3rd Target 480 and Traders booked great profit
> Bought BankNifty 37000 PE at 360 which we booked with 60 points loss
> Bought BankNifty 37300 CE at 440, it went above our Last Target 560 and Traders booked great profit
Overall, BankNifty Option Buyers booked good profit.
Tomorrow, if BankNifty sustains below 37180 we may see a fast down move.
Expectations for Tomorrow: Volatile Day.
Intraday Levels:
Buy Above 37500
Sell Below 37180
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
#banknifty-23/02/2022-#reportHello Traders,
#banknifty-23/02/2022-#report
-----------------------------------------
Opened as a Gap-Up, above our PDH. Market was broken PDH and R@1-Zone then went to IMP-Zone and reversed. Finally closed at above 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, it motivates me to do analysis and do SHARE with your trading friends.
CHART ANALYSIS OF BANK NIFTY FOR 24TH FEB 202237800 will act as a major resistance for tomorrow. On the downside, 37000 will act as a strong support. The DAILY TRENDLINE is acting as a support that should be sustained in order for Bank Nifty to be in the neutral to bullish territory. If it breaks the 1H TRENDLINE, then a major conformation can be anticipated that it will be bullish when it goes above 37800 zone.
#banknifty-23/02/2022-#levelsHello Traders,
#banknifty-23/02/2022-#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 IMP (SELL)
GAP-DOWN: Support of S@1 (BUY) – Rejection of S@2 (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
BankNifty Intraday Trade Setup | 22nd FebBankNifty opened with a minor Gap-down below 37500 and made a low in the morning at 37156. BankNifty showed good 900 points upmove from lower levels but again faced rejection at 38050 zones.
Trades we took today -
> Bought BankNifty 37400 PE at 450, it went to our Last Target 560 and Traders booked great profit
> Bought BankNifty 37200 PE at 460 which we booked with 20 points loss
> Bought BankNifty 38000 CE at 390, it went to our 1st Target 450 and Traders booked profit
Overall, BankNifty Option Buyers booked profit on a highly volatile day.
Tomorrow, if BankNifty sustains below 37590 we may see a fast down move.
Expectations for Tomorrow: Volatile Day.
Intraday Levels:
Buy Above 37820
Sell Below 37590
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
#banknifty-22/02/2022-#levelsHello Traders,
#banknifty-22/02/2022-#levels
---------------------------------------
If Market Opens as a-
GAP-UP: Support of R@2 (BUY) – Rejection of R@1 (SELL)
FLAT: Support of R@1 (BUY) – Rejection of S@1 (SELL)
GAP-DOWN: Support of S@1 (BUY) – Rejection of S@2 (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
BankNifty Intraday Trade Setup | 21st FebBankNifty opened with a minor Gap-up but we saw selling in the morning and made low near 37300 zones. BankNifty showed a good recovery from lower levels for 500 points and we again saw the rejection in the last hours.
Trades we took today -
> Bought BankNifty 37200 PE at 510 which we booked with 60 points loss
> Bought BankNifty 37100 PE at 450 which we booked with 50 points loss
> Bought BankNifty 37800 CE at 450, it went to our 3rd Target 540 and Traders booked good profit
Overall, it was a choppy day for BankNifty Option Buyers.
Tomorrow, if BankNifty sustains below 37300 we may see a fast down move.
Expectations for Tomorrow: Volatile Day.
Intraday Levels:
Buy Above 37680
Sell Below 37300
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Simple Trade Setup | BANKNIFTY | 21-02-2022 [INTRADAY]NSE:BANKNIFTY
Observations:
1) On 1day time frame, it faces resistance from 100DMA range.
100DMA is placed at 37765.95 level.
Also, it has been giving closing in the resistance channel since last few days.
Please refer below chart : 1day Time Frame.
-------------------------------------
Trade Setup for 21-02-2022
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 Intraday Trade Setup | 18th FebBankNifty opened with a minor Gap-up and faced resistance at 38150 zones. We saw good selling in the morning and BankNifty came down near to 37500 zones. We saw a good recovery of more than 400 points from lower levels but it again faced rejection and closed near day low.
Trades we took today -
> Bought BankNifty 38400 PE at 420 which we booked with 60 points loss
> Bought BankNifty 37500 CE at 360 which we booked with 40 points loss
> Bought BankNifty 38000 CE at 60, it went above our 2nd Target 125 and Traders booked profit
> Bought BankNifty 37500 CE at 370 which we booked with 50 points loss
Overall, it was a bad day for BankNifty Option Buyers.
Tomorrow, if BankNifty sustains below 37450 we may see a fast down move.
Expectations for Tomorrow: Volatile Day.
Intraday Levels:
Buy Above 37750
Sell Below 37450
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
BANK NIFTY-18/02/2022-REPORTHello Traders,
BANK NIFTY-18/02/2022-REPORT
----------------------------------------
Opened as a Gap-Down, below our PDL. Market was took the support at PDL. It broken IMP-Zone then went near to R@1 and reversed. Finally closed below 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, it motivates me to do analysis and do SHARE with your trading friends.
BANK NIFTY-18/02/2022-LEVELSHello Traders,
BANK NIFTY-18/02/2022-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 Buy and 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
BANK NIFTY-17/02/2022-REPORTHello Traders,
BANK NIFTY-17/02/2022-REPORT
-----------------------------------------
Opened as a Gap-Up, at our IMP-Zones. Market was broken PDL and took the support at S@1 then went to PDL and reversed. Finally closed above S@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 , it motivates me to do analysis and do SHARE with your trading friends.