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Bankniftyintradaysetpup

BankNifty Intraday view for 07-10-2021Good evening all, Like I mentioned in the morning, nothing has changed over the past 2 days and nor did it today. Only Option writers making merry by building a false optimism on both sides. Tomorrow: Expiry day and the volatility will be within 38120 and 37350... For us to catch any trend, these 2 levels become very important. Especially because of a possible H&S on the dynamic support trend line. So; Long side view: No clear levels up until 38100 --------------- Short side view: No clear levels till 37350... Below that, 37150, 37000 & 36865. *** This is a view and not necessarily a trade recommendation *** However, If you like my idea..., hit like, follow me, and do spread the word.
NSE:BANKNIFTY
by ChartMantra
BankNifty Expiry Trade Setup | 7th OctoberBankNifty opened a flat and soon it took support near 37640 and started going up from our Buying level which was 37780. We saw a good upmove in the first half and as per SpanAttack Strategy, we saw a sell-off in BankNifty around 12:30 PM. Trades we took Today: > Bought BANKNIFTY 38000 PE at 270 which we booked with 10 points loss. > Bought BANKNIFTY 38200 PE at 300 which went to around 425 and Traders booked great profit in this trade. > Bought BANKNIFTY 38200 PE again at 270 which made a high around 730 and Traders booked great profit in this trade. Overall we booked great profit Today as well. For tomorrow, we may see another down move if BankNifty breaks the support level of 37350, we also can see a bounce from that zone so be cautious. Expectations for Tomorrow: Range-bound day, Volatality after 12:30 PM. Intraday Levels: Buy Above 37700 Sell Below 37350 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 | 6th OctoberBankNifty opened with a gap-down due to weak global cues and made a bottom around 37350 in the morning which was the support zone and as expected BankNifty gave a good up-move from those levels. Trades we took Today: > Bought BankNifty 37500 CE at 240 which made a high above 340 and Traders booked great profit in this trade. > Bought BankNifty 37600 PE at 310 which went to above 360 and Traders booked great profit in this trade. > Bought BankNifty 37600 PE again at 270 and we booked 40 points loss in that trade. > Bought BankNifty 37600 CE around 280 in the afternoon which went to around 350 and few Traders booked good profit in this Trade as well. Overall we booked good profit Today as well. For tomorrow, we may see a good upmove if BankNifty sustains above 37780 in the morning but the 37950 - 38000 zone would be resistance for BankNifty so be cautious in that zone. Expectations for Tomorrow: Volatile day. Intraday Levels: Buy Above 37780 Sell Below 37600 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 view for 06-10-2021Good morning all, Nothing has changed over the past 2 days mon the long side. We still wait for mount 38000. Till then look south. Downward, our levels have moved. We can now look at an entry at 37315 and potentially see a good fall of around 200-300 points. But today is Wednesday, premium eating day..... So be careful of the range. So; Long side view: No clear levels up until 38000 --------------- Short side view: Sell below 37315 Target 1 - 37050 TSL below this Target 2 zone 36885 (Short SL - 37530) *** This is a view and not necessarily a trade recommendation *** However, If you like my idea..., hit like, follow me, and do spread the word.
NSE:BANKNIFTY
by ChartMantra
1
BankNifty Intraday Trade Setup | 5th OctoberBankNifty opened with gap-up and took support around our Buy level 37350 and made a high of 37670. As per our analysis, it was a trending day with a bullish bias. Trades we took Today: > Bought BankNifty 37500 CE at 340 which made a high around 419 and Traders booked great profit in this trade. > Bought BankNifty 37600 CE at 285 which went to above 339 and Traders booked great profit in this trade. > Bought BankNifty 37700 PE at 360 and we exit at a cost in that trade. Overall we booked good profit in such range-bound market. For tomorrow, we may see a good upmove if BankNifty sustains above 37680 in the morning. Expectations for Tomorrow: Volatile day. Intraday Levels: Buy Above 37680 Sell Below 37470 To motivate me, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
NSE:BANKNIFTY
by InvestPro_India
2
BankNifty Intraday Trade Setup | 4th OctoberBankNifty opened with a big gap-down below our Sell level around 37200 and made its day low at 35876 in the first 15 mins candle. BankNifty tested the resistance level of 37300 but couldn't sustain above that. Trades we took on Friday, 1st Oct: > Bought BankNifty 36800 PE at 310 which we booked with 50 points loss. > Bought BankNifty 37100 PE at 310 which went to above 410 and Traders booked great profit in this trade. BankNifty has formed a hammer candle on a daily time-frame and we can see a good upmove if BankNifty sustained above 37350 in the morning. Expectations for Tomorrow: Trending day. Intraday Levels: Buy Above 37350 Sell Below 37050 To motivate me, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
NSE:BANKNIFTY
by InvestPro_India
1
BankNifty Intraday view for 04-10-2021Good evening all, Last week: We saw the index move down from an ATH to a swing low from the previous week. But mostly in a range. Tomorrow: From that low it bounced back and is hovering around the 37200 mark. Problem however is, we still don't see a clear 'Long' Entry till 38000. If it sustains that, then, 38112, 38260, 38360 and the harmonic pattern on daily chart even indicates 38650, that is the 'Looooong' story though. On the 'Short' side, we can comfortably take an entry only after 36885 to see 36740, which, is a strong reversal point. Breach that, and we see 36525 and 36450 (this too is a multi time frame support level). So; Long side view: No clear levels up until 38000 --------------- Short side view: Sell below 36885 Target 1 - 36740 TSL below this Target 2 zone 36525 - 36450 (Short SL - 37000) *** This is a view and not necessarily a trade recommendation *** However, If you like my idea..., hit like, follow me, and do spread the word.
NSE:BANKNIFTY
by ChartMantra
BankNifty Intraday view for 01-10-2021Good evening all, Today: Like we marked out yesterday, the market behaved exactly as expected.... Between 38000 and 37300. Only sellers making money. Tomorrow: Today's movement however, does provide us with the optimism for a good 'Short' if it does... New month, new opportunity..... On the long side, nothing up until 38115. So; Long side view: Buy above 38115 Target 1 - 38260 Above this TSL Target 2 - 38360 (Long SL - 38000) --------------- Short side view: Sell below 37315 Target 1 - 37200 TSL below this Target 2 - 37055 Target 3 - 36885 Target 4 zone 36755 - 37000 (Short SL - 37450) *** This is a view and not necessarily a trade recommendation *** However, If you like my idea..., hit like, follow me, and do spread the word.
NSE:BANKNIFTY
by ChartMantra
BankNifty Intraday Trade Setup | 1st OctoberBankNifty opened flat and broke the yellow trendline on the downside and taken support at the 37580 zones. After some consolidation, BankNifty started going up and we saw a sharp fall around 12:10 and BankNifty came 300 down in just 5-10 mins. We bought BankNifty 37900 PE at 290 which went to 350 and Traders booked good profit in this. We also bought BankNifty 37600 CE around 280 which went to above 340, taken BankNifty 37700 CE and BankNifty 37900 PE too, and booked profit in all Trades. We suggested to Buy BankNifty 37500 CE as Zero Hero Expiry trade around 30-35 which gave easy 100% profit. Expectations for Tomorrow: Trending day. Intraday Levels: Buy Above 37560 Sell Below 37300 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 Expiry Trade Setup | 30th SeptemberAs SGX Nifty was indicating BankNifty opened with a big Gap-down near 37650, below our Sell level, and came down towards yesterday's low. We bought BankNifty 37500 CE at 240 and BankNifty 37300 CE at 330 in the morning and Traders booked more than 30% profit in both the Trades. We bought BankNifty 37700 CE at 210 and BankNifty 37800 CE at 240 and Traders booked more than 30% profit in these two Trades as well. We also bought BankNifty 37600 PE at 270 which we booked with 30 points loss. Overall, wonderful day and Option Buyers made an Insane profit. Tomorrow is the weekly expiry day and we can expect another up-move if BankNifty breaks 37920 in the morning. Expectations for Tomorrow: Volatile day. Intraday Levels: Buy Above 37920 Sell Below 37680 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 | 29th SeptemberAs per our analysis, we saw huge volatility today. BankNifty opened with a gap-up and we saw a sharp selling today though the Market was oversold and saw a sharp recovery in the last hour. We took 4 Trades today and booked profit in BankNifty 38100 PE and BankNifty 38200 CE and on the other side, BankNifty 38300 CE and BankNifty 37700 CE didn't work and we booked a loss. For tomorrow, we can expect another up-move if BankNifty sustains above 38100 in the morning. Expectations for Tomorrow: Volatile day. Intraday Levels: Buy Above 38100 Sell Below 37700 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 view for 29-09-2021Good evening all, Today: We saw a fall from the top where we had marked as resistance. And what a fall. Gave us a good 480 points. Only to go back up by 500 points. This because, it hit the SR zone of the past (20th & 22nd). A total of 900+ points earned in a day. Tomorrow: The problem with such a huge move in one day poses a problem for the next. As you can see, the room on top is only beyond 38400 and where take an entry on the 'Long' side. The exit target can be set only if the index retraces to a good level. But on the 'Short' side, we take an entry below 37200 for a target of 200-300 points. So; Long side view: NO CLEAR LEVELS --------------- Short side view: Sell below 37200 Target 1 - 37055 TSL below this Target 2 zone 36945 - 36885 (Short SL - 37315) *** This is a view and not necessarily a trade recommendation *** However, If you like my idea..., hit like, follow me, and do spread the word.
NSE:BANKNIFTY
by ChartMantra
BankNifty Intraday view for 28-09-2021Good morning all, Yesterday: We saw a new ATH due to a opening with a huge gap. It did not sustain though and started retracing after 15 mins. We however did make around 200 points in that time frame. And this, was an exact reversal from the point we had marked as a PRZ. Today: The room on top as you see, is congested with a lot of resistance areas being built up. While the index did make new ATHs over last few sessions, the movement hasn't created enough room for us to be safe and comfortable. So trade with care if you go long. Good chances are that the index stays within the 38350 and 38000 range. If it does break the 38975 level down, then we a see a good 150-200 point move. So; Long side view: NO CLEAR LEVELS --------------- Short side view: Sell below 37975 Target 1 zone 37860 - 37825 Target 2 - 37760 (Short SL - 38075) ** Also remember, NO MORE SLM ORDERS ** *** This is a view and not necessarily a trade recommendation *** However, If you like my idea..., hit like, follow me, and do spread the word.
NSE:BANKNIFTY
by ChartMantra
BankNifty Intraday Trade Setup | 28th SeptemberToday BankNifty opened with a gap-up above its previous ATH, faced resistance near the 38355 zones, and remained in 200 points range for the remaining day. We bought BankNifty 38400 and BankNifty 38200 CE at 280 and 320 respectively and booked small profits in both the trades. It was a range-bound session like Friday hence we asked Traders to book small profits. BankNifty was trading in a triangle pattern and we may see 100-200 points move in the morning if BankNifty opens in the same range and breaks the Triangle on either side. Expectations for Tomorrow: Volatile day. Intraday Levels: Buy Above 38230 Sell Below 38100 To motivate me, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
NSE:BANKNIFTY
by InvestPro_India
1
BankNifty Intraday view for 27-09-2021Good evening all, Friday: Again BNF did a number on us and opened with a huge gap up and then snuck into a range. Tomorrow: For us to have traction, we need the 38000 - 38110 mark to be comfortable breached in the north and 37525 in the south. Till then we'll pick all the crumbs we can. So; Long side view: Buy above 38000 Target 1 zone 38110 - 38150 Above this TSL Long Target 2 - 38330 (Long SL - 37875) --------------- Short side view: Sell below 37525 Target 1 zone 37330 - 37200 (pretty huge) start TSL after 37330 Target 2 zone 37060 - 37000 (Short SL - 37675) ** Also remember, NO SLM FROM TOMORROW ** *** This is a view and not necessarily a trade recommendation *** However, If you like my idea..., hit like, follow me, and do spread the word.
NSE:BANKNIFTY
by ChartMantra
BankNifty Intraday Trade Setup | 27th SeptemberToday BankNifty opened with a gap-up above our Buy level and took resistance at previous ATH 38112, we saw the rejection towards 37700 zones which was the strong support zone and we updated Traders that we expect a bounce from this zone. Traders who bought CE at lower levels made a good profit. We also bought 38000 and 38100 CE but due to the range-bound marker, we booked both around cost. Expectations for Tomorrow: Trending Day. Intraday Levels: Buy Above 37980 Sell Below 37700 To motivate me, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
NSE:BANKNIFTY
by InvestPro_India
2
BankNifty Intraday view for 24-09-2021Good evening all, Today: BNF did a number on us and opened with a huge gap up. Invalidating our entry and target on the long side. However, if you did take an entry on the pullback and the original entry point as SL you would have made some good money. Tomorrow: Today's climb from 37300 and close at 37800 puts us in a tricky situation. We are based at one of the reversal levels and may see a turnaround. If it does, we wait for 37325 to make an entry. However, for the climb to continue, we need the 38000 mark to be breached. Only after that will we see the earlier and a new ATH. So; Long side view: Buy above 38000 Target 1 zone 38110 - 38150 Above this TSL (Long SL - 37830) --------------- Short side view: Sell below 37325 Target 1 - 37185 Below this TSL Target 2 zone 37065 - 37000 Target 3 - 36885 (Short SL - 37460) *** This is a view and not necessarily a trade recommendation *** However, If you like my idea..., hit like, follow me, and do spread the word.
NSE:BANKNIFTY
by ChartMantra
BankNifty Expiry Trade Setup | 23rd SeptemberToday BankNifty opened a flat near our Buying Level 37350 but we saw selling at open and BankNifty came towards 37050 level which was a support zone. We bought BankNifty 37100 CE at 280 which went to 330, we bought again at 270 and it went to 350 and Traders booked great profit in morning trade. We booked some profit in 37200 PE too which we bought around 240 and it went near to 300. We also bought 37000 CE but booked 40 points loss in this trade. Expectations for Tomorrow: Range-bound day, Volatality after 1:30 PM. Intraday Levels: Buy Above 37070 Sell Below 36880 To motivate me, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
NSE:BANKNIFTY
by InvestPro_India
1
BankNifty Intraday Trade Setup | 24th SeptemberToday BankNifty opened with a gap-up due to Fed US news and we saw a trending once as it broke the falling line resistance in the opening itself. We bought BankNifty 37400 PE at 240 in the morning which we booked with loss. We also bought BankNifty 37900 PE at 230 which went to above 290 and Traders booked great profit in this Trade. We also bought BankNifty 37700 PE as Zero Hero at 40 which went to around 60-62 and Traders easily booked 50% profit in this Trade. BankNifty taking support of the yellow line on 15 mins time-frame and we can see a down-move if it breaks and trades below this in the morning. Expectations for Tomorrow: Range-bound day. Intraday Levels: Buy Above 37850 Sell Below 37650 To motivate me, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
NSE:BANKNIFTY
by InvestPro_India
2