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BANKNIFTY Intraday Trade Setup For 17 Nov 2021BANKNIFTY Intraday Trade Setup For 17 Nov 2021 Buy-Above 38400 Sl-38300 T-38560 38770 Sell-Below 38200 Sl-38300 T-38040 37900 37869 Banknifty is sell on rise as said since last many days. Trade setup is very simple short below 38200 , below yesterday's low for the target of 38040. 38000 is a psychology level support can be seen here so book 80% here. Reduce quantity in buying side, go with full exposure in sell side. Today a very important level was tested and breached is 38300 .If index closes below this than we can see fall till 38500 and 36700 is is decent profit booking. Whenever there is selling opportunity buy options and whenever you get buying opportunity can sell options . Also trade all the bear flags . They are formed in a bear market. Today also 2 bear flags were formed and gave very good profit.
NSE:BANKNIFTY
by Omahto
Simple Trade Setup | BANKNIFTY | 17-11-2021 [ INTRADAY]NSE:BANKNIFTY Observations: 1) On daily time frame,it closed just below 50DMA and also closed below 38500. 50DMA is placed at 38382.61 level. And closed just above 38300 level. Major support is at 38000 level and immediate resistance is now at 38500 and major resistance is at 38800 level. Please refer below chart : 1 day Time Frame. 2) On 15min time frame, it is still facing resistance to give breakout of parallel channel resistance. Please refer below chart : 15 min Time Frame. ------------------------------------- Trade Setup for Date: 17-11-2021 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.
NSE:BANKNIFTY
by Trading_hawk
2
BankNifty Intraday Trade Setup | 16th NovemberBankNifty opened with Gap-up above our Buy Level of 38830 and made a high around 39100 in the first 15 mins which also acted as resistance and BankNifty lost all the gains. Trades we took today - > Bought BankNifty 39000 PE at 240 which made a high above 340 in just 10-15 mins and Traders booked great profit in this Trade > Bought BankNifty 38900 CE at 280 which we booked with 20 points profit > Bought BankNifty 39000 CE at 260 which we booked at a cost due to slow movement > Bought BankNifty 38800 PE at 310 which made a high around 380 and Traders booked great profit in this Trade > Bought BankNifty 38800 CE at 300 which we booked with 50 points loss Overall, a good day and Traders booked great profit in Morning BankNifty Option Trades Only. Today's low is important and if BankNifty breaks 38600, we can see a fast down-move. Expectations for Tomorrow: Range-bound Day. Intraday Levels: Buy Above 38780 Sell Below 38600 To motivate me, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
NSE:BANKNIFTY
by InvestPro_India
BankNifty Intraday Trade Setup | 15th NovemberBankNifty opened with Gap-up near our Buy level of 38700 which was also a resistance zone and we saw some selling in the morning but after it created a bottom around 10:30 and showed a great recovery. Trades we took today - > Bought BankNifty 38700 PE at 350 which made a high around 475 and Traders booked great profit in this Trade > Bought BankNifty 38900 CE at 280 which we booked with 20 points profit > Bought BankNifty 38500 PE at 280 which we booked with 15 points loss > Bought BankNifty 38700 PE at 300 which we booked with 20 points loss Overall, it was an average day for BankNifty Option Buyers. If BankNifty opens flat and sustains above 38830 in the morning, a fast 100 - 150 points can be expected. Expectations for Tomorrow: Volatile Day. Intraday Levels: Buy Above 38850 Sell Below 38650 To motivate me, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
NSE:BANKNIFTY
by InvestPro_India
2
Simple Trade Setup | BANKNIFTY | 16-11-2021 [ INTRADAY]NSE:BANKNIFTY After gap up opening it went down and was sideways. Our trade setup and levels remains most of the same. Observations: 1) On 15 min time frame, It traded mostly under the resistance parallel channel. It opened above this channel and went back inside it. But good thing is that it didn't breakdown below it. Also it took support from 38600 level range. Level of 38500 and 38600 are immediate support. Immediate resistane is at 38800. Please refer below chart : 15 min Time Frame. ------------------------------------- Trade Setup for Date: 16-11-2021 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.
NSE:BANKNIFTY
by Trading_hawk
4
BankNifty Intraday Trade Setup | 12th NovemberBankNifty opened with Gap-down and we saw BankNifty keep making lower lows but we got some good bounce as well during the day. Trades we took today - > Bought BankNifty 38700 CE at 190 which made a high around 250 and Traders booked good profit in this Trade > Bought BankNifty 38600 CE at 240 which we booked with 40 points loss > Bought BankNifty 38500 CE at 190, added more at 150 levels, and booked all at 220-230. Traders booked good profit in this Trade > Bought BankNifty 38800 CE twice at 60 and 50 which made a high above 80 and Traders booked great profit in this Trade > Bought BankNifty 38400 PE at 60 which made a high around 125 and Traders booked good profit in this Trade Overall, it was a great Weekly Expiry for BankNifty Option Buyers. If BankNifty sustains above the falling yellow trend line, we may see short-covering which can take BankNifty towards 39000 zones. Expectations for Tomorrow: Range-bound Day. Intraday Levels: Buy Above 38700 Sell Below 38450 To motivate me, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
NSE:BANKNIFTY
by InvestPro_India
Simple Trade Setup | BANKNIFTY | 15-11-2021 [ INTRADAY]NSE:BANKNIFTY Observations: 1) On daily time frame, it is still holding it above 50DMA and also 38500 level range. Which is a good sign. 38500 is immediate critical support level. Please refer below chart : 1 day Time Frame. 2) On 15 min time frame, it is facing resistance from falling parallel channel. sustainable breakout of it will give good upmove. Please refer below chart : 1day Time Frame. ------------------------------------- Trade Setup for Date: 15-11-2021 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.
NSE:BANKNIFTY
by Trading_hawk
8
BankNifty Intraday Trade Setup | 10th NovemberBankNifty opened flat and remained in a Range the whole day as per the analysis. Both CE and PE went down due to choppy movement as there was no follow-up trend even on 5 mins Time-Frame. Trades we took today - > Bought BankNifty 39500 CE at 300 which we booked with 30 points loss > Bought BankNifty 39500 CE again at 270 which we also booked with 40 points profit > Bought BankNifty 39400 PE at 300 which we booked with 45 points loss > Bought BankNifty 39400 PE again at 300 which we booked with 20-30 points profit Overall, it was not a good day for BankNifty Option Buyers. Today's range is important for today, we may see a trending move once BankNifty breaks this range on either side. Expectations for Tomorrow: Volatile Day. Intraday Levels: Buy Above 39570 Sell Below 39200 To motivate me, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
NSE:BANKNIFTY
by InvestPro_India
BankNifty Expiry Trade Setup | 11th NovemberBankNifty opened with Gap-up near our Sell level, we saw a free fall once BankNifty broke 39200 and BankNifty took support in the 38900 zones. Trades we took today - > Bought BankNifty 39200 CE at 190 which we booked with 20 points profit > Bought BankNifty 39200 PE at 330 which made a high around 450 but only a few Traders could take this trade as the move was fast > Bought BankNifty 39200 PE again at 320 which made a high around 395 and Traders booked good profit in this Trade > Bought BankNifty 39000 CE at 250 which made a high above 350 and Traders booked great profit in this Trade > Bought BankNifty 39300 PE at 250 which made a high above 400 and Traders booked good profit in this Trade Overall, it was a wonderful day and BankNifty Option Buyers booked profit in all suggested Trades. Today BankNifty saved 38900 on the downside but if it breaks tomorrow, we can again see 150-300 points fast down move. Expectations for Tomorrow: Range-bound Day, Volatality after 1:30 PM. Intraday Levels: Buy Above 39200 Sell Below 38900 To motivate me, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
NSE:BANKNIFTY
by InvestPro_India
4
BankNifty Intraday Trade Setup | 9th NovemberBankNifty opened near our Sell level of 39500 and we saw a sharp fall in the morning due to panic selling in IndusInd Bank. It took support near psychological level of 39000 and we saw good 580 points recovery from day's low. BankNifty formed a Bullish Hammer on the daily time frame and we see a good upmove if BankNifty starts trading above today's Day High. Expectations for Tomorrow: Range-bound Day. Intraday Levels: Buy Above 38520 Sell Below 39350 To motivate me, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
NSE:BANKNIFTY
by InvestPro_India
2
Nifty Bank Futures Key Trading Level for 9th Nov 2021 Nifty Bank Futures Key Trading Level for 9th Nov 2021 Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views. Please consult your Financial Advisor before making any trading decision. Leave a comment that is helpful or encouraging. Let's master the markets together.
NSE:BANKNIFTY1!
by sbkurandwad77
BankNifty Intraday Trade Setup | 8th NovemberWe saw a highly volatile expiry session and a small trading range on Muhurat Trading day. Trades we took on Wednesday, 3rd Nov.: > Bought BankNifty 40300 PE at 240 which we booked with 5 points loss > Bought BankNifty 40000 CE at 240 which we also booked at a cost due to slow movement > Bought BankNifty 39700 CE at 170 which we booked with 30-40 points profit > Bought BankNifty 39900 PE at 130 which made a high around 370 and Traders booked great Profit in this Trade > Bought BankNifty 39300 PE at 30 which made a high around 67 and Traders booked 100% profit in Zero Hero Trade Overall, a great expiry for BankNifty Option Buyers. As Indian Market is opening after 3 days, we may see high volatility in the morning. Expectations for Tomorrow: Volatile Day. Intraday Levels: Buy Above 38720 Sell Below 39500 To motivate me, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
NSE:BANKNIFTY
by InvestPro_India
3
Simple Trade Setup | BANKNIFTY | 08-11-2021 [ INTRADAY]NSE:BANKNIFTY Most of the levels and trade setup remains same as per previous. Trade Setup for Date 08-11-2021: 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.
NSE:BANKNIFTY
by Trading_hawk
BankNifty Expiry Trade Setup | 3rd NovemberBankNifty opened flat today and showed some strength in the morning but faced resistance near psychological resistance of 40000 zones as mentioned yesterday. Trades we took Today: > Bought BankNifty 39900 CE at 290 and added more at 260 which made a high of 320 in morning and Trades booked profit in this Trade > Bought BankNifty 39800 CE at 270 which we booked with 30-40 points > Bought BankNifty 40000 PE at 260 which made a high around 315 and Traders booked profit in this Trade > Bought BankNifty 40200 PE at 270 which made a high around 380 and Traders booked great Profit in this Trade > Bought BankNifty 39800 CE again at 350 which we booked with 30 points profit at 380 > Bought BankNifty 40100 PE at 260 which made a high around 298 but due to slow movement we booked around cost Overall, a great day for BankNifty Option Buyers. Today BankNifty was trading in a marked range and we can expect a good movement once the Range would break either side. Expectations for Tomorrow: Range-bound day, Volatality after 1:00 PM. Intraday Levels: Buy Above 40120 Sell Below 39780 To motivate me, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
NSE:BANKNIFTY
by InvestPro_India
Simple Trade Setup | BANKNIFTY | 03-11-2021 [ INTRADAY]NSE:BANKNIFTY Most of the levels remains same. Observations: 1) On daily time frame, in last we have applied FIB retracement on daily time frame. And today it closed just near 38.20% level of Fib Retracement. If it sustain above this level tomorrow then we can see 40656 as next big level may be in a day or two. Please refer below chart : 1 day Time Frame. ------------------------------------- Trade Setup for Date 03-11-2021: 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.
NSE:BANKNIFTY
by Trading_hawk
BankNifty Intraday Trade Setup | 2nd NovemberBankNifty opened with a gap-up, we saw a sharp fall in the morning BankNifty took support around 39120 and we saw a good up-side rally. Trades we took Today: > Bought BankNifty 39400 PE at 310 which made a high above 500 but as it was a fast move only a few Traders could catch this > Bought BankNifty 39600 CE at 300 which we booked with 45 points loss > Bought BankNifty 39500 CE at 300 which made a high around 375 and Traders booked good Profit in this Trade > Bought BankNifty 39500 CE at 300 which made a high around 375 and Traders booked good Profit in this Trade > Bought BankNifty 39500 CE again at 300 which made a high above 400 and Traders booked great Profit in this Trade Overall, a good day for BankNifty Option Buyers. For tomorrow, We can see another upmove once BankNifty breaks 39850 on the upside but be cautious as 40000 is a psychological resistance level. Expectations for Tomorrow: Range-bound day. Intraday Levels: Buy Above 39850 Sell Below 39580 To motivate me, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
NSE:BANKNIFTY
by InvestPro_India
Banknifty Intraday Levels Analysis, 2nd Nov 2021Hello Traders, More possibility of small Gap-Up to Flat Opening tomorrow. Strategy to follow : Buy on Dips ... if market opens flat or gap down. Please trade accordingly the levels marked. This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market. I hope you all like my analysis. Please do share your thoughts into comment section. Please give a like, it motivates me to do analysis and do share with your friends as well.
NSE:BANKNIFTY
by kiranrshinde
BankNifty Intraday Trade Setup | 1st NovemberBankNifty opened flat and we saw sharp selling just after opening, it took support at 38426 and we saw a good recovery from that zone. Trades we took Today: > Bought BankNifty 39700 CE at 250 which we booked with 40 points loss This was the only BankNifty Trade we took on Friday as Nifty gave us 4 profitable Trades. BankNifty was trying to break the resistance of the 39300 - 39350 zone in the last hour Friday and we can expect an up-move once BankNifty breaks this zone on upside tomorrow. Expectations for Tomorrow: Volatile day. Intraday Levels: Buy Above 39300 Sell Below 38950 To motivate me, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
NSE:BANKNIFTY
by InvestPro_India