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Bankniftyintradaylevels

BANKNIFTY Intraday Trade Setup For 03 Oct 2023BANKNIFTY Intraday Trade Setup For 03 Oct 2023 Bullish-Above 44760 Invalid-Below 44650 T-45040 45270 Bearish-Below 44490 Invalid-Above 44610 T-44248 44000 BANKNIFTY has closed on an absolute flat note last week. Previous week it was discussed that 'a base formation may happen near 44500 zone and probability of a sideways momentum is high after an parabolic (down) move'. 5 out of 7 last sessions it closed exactly near 44600. After consolidation now time for a directional move on last week's range (44180-45000) breakout. Major Weekly levels are 44400 and 43600. In hourly TF 44760 is a bullish reversal level and 44180 is a bearish continuation level. Coming to Tuesday's trade setup, if index opens flat and a 15 Min candle closes above 44760 then we will long for the target of 45040 and 45270. For selling we need a 15 Min candle close below 44490. T- 44250 and 44000. In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range (5MIN). Trade on this range breakout.
NSE:BANKNIFTY
by Omahto
Banknifty BuyMonday's market is unpredictible. cauz, market did take up selller lequidity & buy got stoped out ( profit bookig and traling SL) there are only sellers left in the market but not freash selling position so, market does't have any money to go ethir way so, market will trap every retailer both who will look for selling and buying best possible situation now is market will open gap up and then trap buyer then comes down to take sellers money then give a big cendel upside to take out everybody less possible situation market will open low and take out all the buyer then the as sellers come it will take there Sl and continue downward trand but if market opens nutrul then totally avoid trading cauze last 3 days ends in consolidation so market has high theta and low IV. could trade if market crosses my levels in high lequidity As, For MY VIEW Looking to buy in first 2 to 3hours then watch Price Action
NSE:BANKNIFTYLong
by samantamonojit98
29th Sep ’23 - W pattern on 1hr TF - PostMortem on BankNiftyBankNifty Analysis The main reason Nifty50 moved up instead of falling was BankNifty. The opening was strong and gain BN held its ground. Today’s low much higher than yesterday’s close. From that level we rallied 408pts ~ 0.92% to hit a high of 44756. Unlike N50, BN retested yesterday’s high and then reversed from there. My report yesterday was on the bearish side - but today’s price action is advising me to go neutral. The intraday move on NiftyIT should not go unnoticed - we climbed an impressive 1.59% ~ 501pts. Meanwhile RELIANCE also started contributing heavily between the 10.45 to 13.30 period. Overall it was a strong rally but was cut short at 14.30 On the 1hr TF BankNifty has made a W pattern which is seriously challenging the bear run. For the next working day i.e Tuesday I wish to go with a neutral stance and then modify to bullish if we take out the 44860 in the morning session.
NSE:BANKNIFTY
by viswaram
BANKNIFTY Intraday Trade Setup For 29 Sep 2023BANKNIFTY Intraday Trade Setup For 29 Sep 2023 Sell_1- From 44560 Invalid-Above 44670 T- 44300 44000 Sell_2- Below 44240 Invalid-Above 44350 T- 44000 43755 BANKNIFTY has closed on a complete bearish note with 0.64% cut today. It was a bit confusing and wild till 10 o'clock range was safe. Buy triggered as per trade setup which hit 110 points sl. Later sell triggered below 44490 and 10 o'clock range also broke downside and gave a decent move till 44250. However momentum was a bit messy compared to NIFTY and other indices. Tomorrow once again it can show some bearish move below today' low. 44560 will be a level to short in case of pullback or gap up. Coming to Friday's trade setup, if index opens flat and a 15 Min candle closes below 44240 then we will short. T- 44000 and 43755. In case of a gap up , 44560 zone will be a good place to short. T- 44300 and 44000 below 44240. In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range (5MIN). Trade on this range breakout.
NSE:BANKNIFTY
by Omahto
Banknifty Tradesetup For 28-09-2023BankNifty important levels to watch are as follows #Support: 44620 Sell below: 44620 only on 15 minute candle closure below the level. Target 1: 44550 Target 2: 44430 Target 3: 44320 #Resistance: 44735 Buy Above: 44735 only on 15 minute candle closure Above the level. Target 1: 44800 Target 2: 44925 Target 3: 45000 #Remember each level will act as a support and resistance individually so there is a probability of reversal on either side. Please do your own research before initiating any trade. Always keep stoploss in order to protect your capital. Follow us for more such information and educational ideas. Give it a like if you appreciate the idea. Queries will be answered in comment section. #If you are Unable to trade properly and dissatisfied with your manual trading results due to busy schedule or "Fear & Greed" emotions Algorithmic trading can be the most useful solution kindly follow us and join us using details mentioned below the idea. #Disclaimer: This is just a view and published here only for educational purpose, this should not be considered as a buy or sell signal. Trading in stock market may involve financial risk therefore, do your own research before taking any position.
NSE:BANKNIFTY
by InvestyourAsset
#September29 direction and levels for #Banknifty"Good morning, friends! As of September 29th, the global market sentiment is neutral (based on the Dow Jones), while our market trend is bearish. It may open neutrally or with a slight gap up. If it subsequently breaks yesterday's low, we can expect a correction to continue with minor pullbacks. On the other hand, if the gap-up sustains, we can expect a ranging market. However, if the gap-up structure is solid, it may experience a rally, or if it sharply rejects the 38% resistance level, we can anticipate a correction."
NSE:BANKNIFTY
by Manickamtraders
banknifty buyAs market did't showed any bearish pressure and a slow down movement & market did't trapped any buyers today after opening So, as there are less sellers the market will grab sellers lquidity to go up So, theres no lquidity for the market to go down So 44000 area will act as a major support for buyers and also a trap zone for the buyers wait for price to close below 44000 area and then look for an opertunity to buy. market will start down tomorrow to take the sellers lquidity and to stop out buyer then market will continue a buying side rally. ( at least need 1 expairy ) but if sellers dose not come and market reverse itself before touching 44000 then a buyers liquidity take will start a bear rally.( at least need next week ) but as for tomorrow only looking for buy.
NSE:BANKNIFTYLong
by samantamonojit98
BANK NIFTY- Target Levels- FRI-29.09.23Bank Nifty Spot Price : 44301. - INDIA VIX SPOT Price : 12.82. - Nifty Daily Range : 44004 To - 44598 - Watch Option Strike : 44500 CE Draw & Watch The Target Points : 206--- 309--- 342--- 429--- 515--- 600---- 686---- 772 +++ Watch Option Strike : 44500 PE Draw & Watch The Target Points : 152--- 228 --- 254---- 317--- 381--- 444---- 508---- 571 +++ Entry Point... & Stop Loss... & Target Point ...Is Yours... In UpTrend (CE Buy).. Or DownTrend (PE Buy).. Every Target Point Is a Buy Entry Of After Small Retracement. Please Check. (Watch 5 Days See My Target Levels Is Accurate Or Not) I Am Not Sebi Registered Analysis, This Is Education Purpose Only. Dear Followers.. Trend Is Our Friend.. 1. Draw The Lines In Your Trading View.. Then Only You Understand My Statistical Startegy. 2. Kindly Watch My Break Even Point. Every Day.. 3. Above The Break Even Point.. Resistance Break.. UPTREND Starts.. Buy CE.. 4. Below The Break Even Point.. Support Break.. DOWNTREND Starts.. Buy PE.. 5. After Retracement.... Stop Loss is Above Or Below Break Even Point.. 6. Stop Loss Is Must.. 7. Watch 5 Mins Time Frame.. & 15 Mins Time Frame.. 8. In Future i Analysis & Focus On Option Strike - Entry, Target, Stop Loss. Also.. 9. Buy At Low.... Sell At High.... Is The Concept For Day Tradings.. Don"t Enter Blindly. 1. We Focus On Our Daily Analysis.. 2. Combination Theory Of Delta, Gamma & Thetta,. 3. Selection Of OI Analysis & Prediction Of Entry, Targets, & Stop Loss.. 4. We See 4 Types Of Fibinacci Retracement Levels.. (1.High To Low Fib Level, 2.Low To High Fib Level, 3.Long Fib Level & 4. Short Fib Level), 5. Techninal View On Break Even Point.. 6. Wait For Support Breaking or Resistance Breaking.. That Time Watch The Market Carefully.. 7. Market Moves in UpTrend or DownTrend.. 8. Kindly Watch Both The Nifty Target Levels & Bank Nifty Target Levels in your Trading View.. Its Most Important For Daily Tradings.. Kindly Follow My Channel & Like Your Support in My Idea. BY : newsbharathi27040 / market1tomorrow
NSE:BANKNIFTY
by market1tomorrow
2
28 Sep ’23 Post Mortem on BankNifty - Quarterly, Monthly, ExpiryBankNifty Quarterly Report Banknifty is down -123pts ~ 0.28% in this quarter i.e between 28th Jun 2023 to 28th Sep 2023. It had formed a head and shoulders pattern till 16th Aug - but there was no followthrough. A second H&S pattern is underway as the first shoulder formed on 24 Aug and the head by 15th Sep. If you look at the heads of both H&S together - it resembles a double top formation as well. BN has bucked the trend this quarter and closed in loss vs nifty which went up by 2.89%. During this period we hit a new ATH of 46369 on 21st July which is still untested. BankNifty Monthly Report In the current month i.e between 31st Aug to 28th Sep 2023, BankNifty is up 214pts ~ 0.49%. The driver of the rally being the I-CRR news which helped BN overcome a falling wedge formation. BankNifty Daily Report Recap from yesterday: “Banknifty is still in bear territory and has to climb above 45399 to regain the bullish bias. Looking at the chart, I am not in favor of going neutral too — maybe the length of RED candles is clouding my judgment.” Going today with a bearish view looked totally stupid till 10.20 after which the play went according to the script. Yesterday’s up move might have prompted many analysts to change their view from bearish to bullish. I was not convinced with the move yesterday - in fact, I was totally frustrated as could not find a genuine reason why we rallied. After seeing the fall today - I feel quite relieved. Intraday we fell 1.14% ~ 508pts - but we did not break yesterday’s swing low of 44182. Also the closing was only 0.64 ~ 287pts down compared to Nifty which closed with losses of 0.98%. I must say Banknifty held its ground quite strong today. Even though the India VIX went up 10.68% today - the implied volatility on BN was far lesser. A look at the PE option prices reveals the story - none of the traders were expecting more than 500pts fall today. On the 1hr chart I am still bearish with the first target of 44068. The stop and reverse level will be 44860 above which I will be forced to change the stance to neutral. If BN manages to break 44068 tomorrow the next level in play will be 43600 which is also the swing low of 16th Aug.
NSE:BANKNIFTYShort
by viswaram
#September28 Direction & levels for #Banknifty"Good morning, friends! As of September 28th, the global market sentiment is neutral (based on the Dow Jones), while our market trend remains moderately bullish. It may open neutral, slightly gap-up, or even gap-down. After the market's open, if it breaks or consolidates around the immediate resistance, we can expect a pullback continuation with minor corrections. On the other hand, we can anticipate a correction if the market rejects the immediate resistance, even if it initially experiences a pullback (running flat variation). However, that rejection should break the reversal Fibonacci level of 38%. If it breaks that level, we can expect a minimum correction of 61% to 78% Fibonacci correction. Additionally, this variation also applies in the case of a gap-down opening"
NSE:BANKNIFTY
by Manickamtraders
6
banknifty sell As today market trapped sellers & and ended at previous day close So, there's no lquidity as sellers got out before market can take there money As market ends in a consolidation means there's not enogh money to go up or down Best probabily is market will open high tomorrow to trap buyers and gain their lequidity to come down and then take major seller money to start the bull market But market does't have much time to do above thing So, a bear market where market will take majority of sellers lquidity sounds probeble If anyone need nifty50 psychological analysis (price in the chart look on your own) comment below
NSE:BANKNIFTYShort
by samantamonojit98
BANKNIFTY INDEX MAGICAL LEVELS FOR 28-09-23 The above plotted levels on the chart should be considered only when BANKNIFTY opens flat on 28-09-2023. If BANKNIFTY opens GAP-UP or GAP-DOWN on 28-09-2023 then the following calculations must be considered: Level 1 = OPEN PRICE (28-SEP) -92.20 Level 2 = OPEN PRICE (28-SEP) - 250.35 Level 3 = OPEN PRICE (28-SEP) - 109.20 Level 4 = OPEN PRICE (28-SEP) + 92.20 Level 5 = OPEN PRICE (28-SEP) + 250.35 Level 6 = OPEN PRICE (28-SEP) + 109.20 Level 7 = (Level 1 + Level 2) / 2 Level 8 = (Level 4 + Level 5) / 2 High Probable Reversal Levels: The yellow, purple, and white lines plotted on the attached chart depicts the high probable reversal levels. DISCLAIMER: This published idea is only for educational purpose.
NSE:BANKNIFTY
by pbghosh
1
BANKNIFTY Intraday Trade Setup For 28 Sep 2023BANKNIFTY Intraday Trade Setup For 28 Sep 2023 Bullish-Above 44670 Invalid-Below 44560 T- 45040 45270 Bearish-Below 44490 Invalid-Above 44600 T- 44200 43915 BANKNIFTY has closed on a flat note today after a huge roller coaster ride today. One more time let me just remind you all it was discussed 44500 is going to be base zone in the weekend outlook. Also it was said that probability of sideways momentum is very high after a parabolic move. 4 out of last 5 sessions it has closed exactly near 44600. Index looks ready for a bounce now. Also sentiment will change from sideways bullish to sideways bearish once it closes below 44500 in daily TF. Coming to Thursday's trade setup, if index opens flat and a 15 min candle closes above 44670 then we will long for the target of 45040 and 45270 above 45050. For selling we need a 15 Min candle close below 44490. T- 44200 and 43915 below 44170. In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range (5MIN). Trade on this range breakout.
NSE:BANKNIFTY
by Omahto
BANKNIFTY INDEX MAGICAL LEVELS FOR 27-09-23 The plotted levels on the chart should be considered only when BANKNIFTY opens flat on 27-09-2023. If BANKNIFTY opens GAP-UP (Open > Previous High) or GAP-DOWN (Open < Previous Low) on 27-09-2023 then the following calculations must be considered: Level 1 = OPEN PRICE (25-SEP) - 116.25 Level 2 = OPEN PRICE (25-SEP) - 286.40 Level 3 = OPEN PRICE (25-SEP) - 109.80 Level 4 = OPEN PRICE (25-SEP) + 116.25 Level 5 = OPEN PRICE (25-SEP) + 286.40 Level 6 = OPEN PRICE (25-SEP) +109.80 High Probable Reversal Levels: The levels plotted with Yellow, White, and Purple colours. DISCLAIMER: This idea is only for educational purpose.
NSE:BANKNIFTY
by pbghosh
Banknifty daily analysis for 26/09/23.A doji is formed on the daily charts and now there is a confusion in the market where it will go after testing the recent high. Banknifty has closed gaining 150 points but nifty remained silent and closed flat. On the hourly charts, there is a moving averages cross over and it taking resistance from the levels. There was a both side movement today and has consolidated in the second half of the session. Support :- 44600, 44420 Resistance :- 44890, 45110 Wait for the price action near the levels before entering the market.
NSE:BANKNIFTY
by Mambotrade
1
September27 direction and levels for #Banknifty"Good morning, friends! As of September 20th, there has been no change in the global market sentiment. Dow Jones still exhibits a negative sentiment, while our market trend remains moderately bullish with a 'C' pullback wave structurally. However, if the market opens with a gap-down, Monday's range will serve as a range-bound boundary. In my personal opinion, even if it breaks yesterday's range, the market may reject immediate levels, suggesting there won't be significant moves. We can anticipate a directional move only if it breaks through immediate support or resistance with minor consolidation."
NSE:BANKNIFTY
by Manickamtraders
26 Sep ’23 Post Mortem on BankNifty - Bearish stance continues.BankNifty Analysis Yesterday I had a bearish call for banknifty, recap: “My first target of 44451 was hit — but it was not enough to build up momentum. As long as BN stays below 45399 I wish to maintain the bearish call. This is in spite of the day ending with a gain of 154pts.” If you look at the 5mts chart pattern, its hard to notice the bearishness, but if you switch to a higher time frame - it will get more obvious. The only limitation being the lower low is still not taken out. The move yesterday has not taken out the last lower high. I wish to continue the bearish sentiment as long as the lower high is not taken out on the 1hr TF. Totally accept the fact that this down move has not been an inspiration for the bears yet - but my advice to them would be to wait till 44068 is broken.
NSE:BANKNIFTYShort
by viswaram
BANKNIFTY Intraday Trade Setup For 27 Sep 2023BANKNIFTY Intraday Trade Setup For 27 Sep 2023 Bullish-Above 44725 Invalid-Below 44615 T- 45040 45252 Bearish-Below 44530 Invalid-Above 44640 T- 44225 43917 BANKNIFTY has closed with a slight bearish note with 0.32% cut today. In the weekend analysis it was discussed that index can form a base near 44500 and probability of sideways is high after a parabolic down move. It has closed exactly at 44600 in 3 out of 4 last sessions. It was just sideways throughout the day. Sell triggered below 44580 which ended at cost EOD. Tomorrow sustaining above 44725 in 15 Min TF will initiate a bullish momentum. However a clean downside momentum is possible below 44400 only. Coming to Wednesday's trade setup, if index opens flat and a 15 Min candle closes above 44725 then we will long for the target of 45040 and 45252. For selling we need a 15 Min candle close below 44530. T- 44225 and 43917. Trail sl below 44400. In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range (5MIN). Trade on this range breakout.
NSE:BANKNIFTY
by Omahto
BANK NIFTY -Target Levels -WED-27.09.23Bank Nifty Spot Price : 44624.20. - VIX SPOT Price : 11.19. - Bank Nifty Daily Range : 44363 To - 44886. - Watch Option Strike : 44700 CE & 44700 PE. I Am Not Sebi Registered Analysis, This Is Education Purpose Only. Dear Followers.. Trend Is Our Friend.. 1. Draw The Lines In Your Trading View.. Then Only You Understand My Statistical Startegy. 2. Kindly Watch My Break Even Point. Every Day.. 3. Above The Break Even Point.. Resistance Break.. UPTREND Starts.. Buy CE.. 4. Below The Break Even Point.. Support Break.. DOWNTREND Starts.. Buy PE.. 5. After Retracement.... Stop Loss is Above Or Below Break Even Point.. 6. Stop Loss Is Must.. 7. Watch 5 Mins Time Frame.. & 15 Mins Time Frame.. 8. In Future i Analysis & Focus On Option Strike - Entry, Target, Stop Loss. Also.. Don"t Enter Blindly. 1. We Focus On Our Daily Analysis.. 2. Combination Theory Of Delta, Gamma & Thetta,. 3. Selection Of OI Analysis & Prediction Of Entry, Targets, & Stop Loss.. 4. We See 4 Types Of Fibinacci Retracement Levels.. (1.High To Low Fib Level, 2.Low To High Fib Level, 3.Long Fib Level & 4. Short Fib Level), 5. Techninal View On Break Even Point.. 6. Wait For Support Breaking or Resistance Breaking.. That Time Watch The Market Carefully.. 7. Market Moves in UpTrend or DownTrend.. 8. Kindly Watch Both The Nifty Target Levels & Bank Nifty Target Levels in your Trading View.. Its Most Important For Daily Tradings.. Kindly Follow My Channel & Like Your Support in My Idea. BY : newsbharathi27040.
NSE:BANKNIFTY
by market1tomorrow
Banknifty Trade Setup for 26-09-2023BankNifty important levels to watch are as follows #Support: 44620 Sell below: 44620 only on 15 minute candle closure below the level. Target 1: 44480 Target 2: 44250 #Resistance: 44780 Buy Above: 44780 only on 15 minute candle closure Above the level. Target 1: 45000 Target 2: 45250 #Remember each level will act as a support and resistance individually so there is a probability of reversal on either side. Please do your own research before initiating any trade. Always keep stoploss in order to protect your capital. Follow us for more such information and educational ideas. Give it a like if you appreciate the idea. Queries will be answered in comment section. #If you are Unable to trade properly and dissatisfied with your manual trading results due to busy schedule or "Fear & Greed" emotions Algorithmic trading can be the most useful solution kindly follow us and join us using details mentioned below the idea. #Disclaimer: This is just a view and published here only for educational purpose, this should not be considered as a buy or sell signal. Trading in stock market may involve financial risk therefore, do your own research before taking any position.
NSE:BANKNIFTY
by InvestyourAsset
4