BankNifty Intraday view for 09-09-2021Good evening all,
Good day at work today... Same target was met twice. good money.... No?
For tomorrow, we are at a level where we comfortably see a 'long' position and reach out to 37000. If that breaks, then, 37140 and then and then and then....
So;
Long side view:
Buy above 36860
Target 1 zone 36925
Above this TSL
Target 2 zone 37000 - 37030
Target 3 - 37140
(Long SL - 36700)
---------------
Short side view:
Sell below 36390
Target 1 zone 36265 - 36215
Below this TSL
Target 2 zone 36150 - 36135
(Short SL -36265)
*** This is a view and not necessarily a trade recommendation ***
However, If you like my idea..., do spread the word.
Bankniftyintradaysetpup
BankNifty Intraday Trade Setup | 8th SeptemberBankNifty opened with a minor gap-down and we saw a good fall once BankNifty broke our Sell level of 36470. We were able to catch the bottom, bought 36200 CE at 250 which went to above 500 and traders booked great profit. We also bought 36500 CE and 36500 PE, booked profit in all 3 Option trades.
For tomorrow, we can see a good up-move once BankNifty sustains above the falling resistance line. On the other side BN may give a good move downside if breaks 36380.
Expectations for Tomorrow: Range-bound day.
Intraday Levels:
Buy Above 36700
Sell Below 36380
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
BankNifty Intraday view for 08-09-2021Good evening all,
Firstly apologies for not being available for the past 2 days, something I couldn't have avoided and required me more. For tomorrow, we are in a zone where the index could move either way.
So;
Long side view:
Buy above 36685
Target 1 zone 36815 - 36855
Above this TSL
Target 2 - 36920
Target 3 zone 37000 - 37030
(Long SL - 36565)
---------------
Short side view:
Sell below 36125
Target 1 zone 36000 - 35975
Below this TSL
(Short SL -36265)
*** This is a view and not necessarily a trade recommendation ***
However, If you like my idea..., do spread the word.
Bank Nifty Important levels for Today1. In Day frame BN made Pinbar Candle which is Reversal Pattern
2. We can go long if High of Pinbar Candle Breaks
3.Chances of Consolidation between PDL&PDH
4. 37000 is Major Resistance for Tomorrow
5. If 36000 level Break 35700 is The Next Major Support
Check Below link for our Yesterday Levels and Check the Accuracy. Simple Yet Powerful
*Always Enter With good confirmation & Maintain proper Risk Reward.
**********I am not a SEBI registered adviser. All the information provided by me are for educational/informational purposes only. **********
>> Visit My Ideas Page for Daily Stock Analysis & check my previous stock analysis how accurate they are for Swing and Intraday Trades<<
BankNifty Intraday Trade Setup | 7th SeptemberBankNifty opened a flat and we again saw the rejection in the 36900 - 37000 zone, today we saw a volatile and low range market as analyzed in the morning.
We bought 36900 CE in the morning around 290 and added more around 210 which we sold with a loss at 220. We also bought 36700 PE and 36800 CE and booked profit in both the trades.
BankNifty closed near the support zone and tomorrow if it sustains below 36470, we can expect a fast move on the downside. In case BankNifty breaks the falling resistance line and sustains above 36750, 100-120 points up-move can be expected.
Expectations for Tomorrow: Volatile day.
Intraday Levels:
Buy Above 36750
Sell Below 36470
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
BankNifty Intraday Trade Setup | 6th SeptemberBankNifty opened with a gap-up above our Buy level of 36900 and we saw an up-move towards our First Target 37050 and we saw a rejection around 37140. We bought 36900 PE in the morning and 37100 CE in the afternoon but both trades booked with loss.
BankNifty was trading in the range for almost 5 hours so we are expecting a good directional move once BankNifty would be breaking the range on either side.
Expectations for Tomorrow: Volatile day.
Intraday Levels:
Buy Above 36870
Sell Below 36600
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
BankNifty Intraday view for 03-09-2021Good evening all,
Contarary to its nature, it was comparatively sideways today and within the range we had marked. it has been so for the past 2 days and has been volatile within that. For it to gain momentum, it needs to break 37000 and 36250.
So;
Long side view:
Buy above 37000
Target 1 - 37175
Above this TSL
Target 2 37315
(Long SL - 36895)
---------------
Short side view:
Sell below 36465
Target 1 - 36360
Below this TSL
Target 2 zone 36265 - 36205
Target 3 - 36140
(Short SL - 110 points)
*** This is a view and not necessarily a trade recommendation ***
However, If you like my idea..., do spread the word.
BankNifty Intraday Trade Setup | 3rd SeptemberBankNifty opened with a gap-up and tested yesterday's low. We bought 36300 CE at 270 and again at 260 which went to around 400 and Traders booked great profit in Morning. After morning up-move, BankNifty was moving slowly to eat premiums and there was not much opportunity for Option Buyers after morning trades.
For tomorrow, we may see a good rally if BankNifty sustains above 36900 so look for the buying opportunity in the morning.
Expectations for Tomorrow: Volatile day.
Intraday Levels:
Buy Above 36900
Sell Below 36600
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
BankNifty Expiry Trade Setup | 2nd SeptemberBankNifty opened with a gap-up and we saw a morning rally towards 36997. We bought 36900 PE around 220 which went to around 390 and Traders booked great profit. We also bought 36400 and 36500 CE and booked great profit in these trades too. Overall it was a great day.
BankNifty formed a bearish candle on a daily time frame and we would see another down move if BN trades below today's low tomorrow.
Expectations for Tomorrow: Range-bound day.
Intraday Levels:
Buy Above 36700
Sell Below 36470
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
BankNifty Intraday Trade Setup | 1st SeptemberBankNifty opened with a minor gap-up, and we bought 36500 PE at 300 in the morning which went to 390 in just 5-10 mins and Traders booked good profit. We also bought 36400, 36500 PE, and 36400 CE and closed all in profit. We also bought 36500 CE at 260 but we saw a sudden fall of 200 points and we did exit with 40 points SL. Overall, it was a good day for Option Buyers.
For tomorrow, BankNifty may give a good up-move above 36550 but be cautious at upper levels and don't trade options without SL. We would be looking for Buying opportunity in Morning if BankNifty comes down to 36250-36200 levels.
Expectations for Tomorrow: Range-bound day, Selling after 2:00 PM.
Intraday Levels:
Buy Above 36550
Sell Below 36250
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
BankNifty Intraday Trade Setup | 31st AugustBankNifty opened above our yellow resistance line and as expected we saw a Trending up-move and hit all our levels. We suggested buying 35900 PE around 270 which went to 340 and Traders booked good profit. We gave 35800, 36100 PE, and 35900 CE and all booked in profit. Overall, it was a great day for Option Buyers.
BankNifty closed near a resistance line again and we may see another good up-move tommorrow once BankNifty would sustain above 36410. If you get a dip in the morning, look for the buying opportunity.
Expectations for Tomorrow: Volatile day.
Intraday Levels:
Buy Above 36410
Sell Below 36250 (Novice Traders should avoid taking Sell Trade, Would update if we get any set-up)
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Bank Nifty Important levels for Today*Always Enter With good confirmation & Maintain proper Risk Reward.
******* Knowledge Purpose only ********
I am not a SEBI registered adviser. All the information provided by me are for educational/informational purposes only. There have been no promises, guarantees or warranties suggesting that any trading/investing based on any information, will result in a profit or will not result in a loss.
>> Visit My Ideas Page for Daily Stock Analysis & check my previous stock analysis how accurate they are for Swing and Intraday Trades<<
BankNifty Intraday Trade Setup | 30th AugustBankNifty opened with a minor gap-down and it took support from lower levels, we bought 35600 CE at 270 which went to 320 in just 5 mins and Traders booked good profit. We also bought 35700 PE at 300 and it went to our target of 345 and booked good profit in that trade too.
We are expecting to see a good up-move once BN would break the falling yellow trendline on the upside.
Expectations for Tomorrow: Trending day.
Intraday Levels:
Buy Above 35700
Sell Below 35500
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
BankNifty Intraday Trade Setup | 27th AugustBankNifty opened near our sell level 35450 which was also a strong support zone and we bought 35300 CE at 200 which went to above 350 and Traders booked great profit in Morning Trade. We again bought 35400 CE at 210 which went to above 300, Overall it was a great expiry.
BankNifty is trading in a very narrow range and looks for the selling opportunity tomorrow if it sustains below 35450, once can also sell from upper levels near 35900 - 36000.
Expectations for Tomorrow: Trending day.
Intraday Levels:
Buy Above 35800
Sell Below 35450
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
BankNifty Expiry Trade Setup | 26th AugustAs mentioned we saw good selling from 35900 - 36000 zone, we bought 36000 PE in the morning at 270 which went to above 450 in just 15-20 mins. After, initial move, we traded in a small range for almost the entire day. We also bought 35800 PE and 35500 in the second half and Traders booked good profit in both the trades.
Today, BankNifty was able to hold the phycological support of 35500 but if it breaks 35450 tomorrow on the downside, we may see a sharp selling, and Put Buyers can easily make 100% profit. If BankNifty moves up-side be cautious in the 35900 - 36000 zone.
Expectations for Tomorrow: Range-bound day, Volatility after 1:30 PM.
Intraday Levels:
Buy Above 35700
Sell Below 35450
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
BankNifty Intraday Trade Setup | 25th AugustAS we analyzed BankNifty gave a great trending move once it broke the falling resistance line. In the morning we bought 34500 PE around 310 which went to around 375 and Traders booked good profit. In the afternoon we bought 35500 CE around 280 which went to above 400 and we again booked a great profit.
For tomorrow, we can again see a good up-move once we break the 35820 on the upside but the 36000-36050 zone would act as a strong resistance so be cautious. If we open with a big gap-up tomorrow would be looking for a selling opportunity in the morning near the 36000 zones.
Expectations for Tomorrow: Volatile day.
Intraday Levels:
Buy Above 35820
Sell Below 35580
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
BankNifty Intraday Trade Setup | 24th AugustBankNifty opened with a big gap-up today but couldn't sustain at upper levels and it tested and broke Friday lows too. We bought 35400 PE in the morning around 300 which went to above 600 and Traders booked great profit. We also bought 35100 CE in the afternoon around 240 which also went to near 325 and Traders booked good profit in that trade too.
For tomorrow, we can see a good up-move once we break the yellow falling resistance line tomorrow.
Expectations for Tomorrow: Range-bound day.
Intraday Levels:
Buy Above 35250
Sell Below 34980
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
BankNifty Intraday Trade Setup | 23rd AugustBankNifty opened with a big gap-down due to Global cues and come down to near 35000 which is a psychological support zone. It took to support and we saw a bounce towards 35300 zones which acted as resistance, BankNifty was trading in this range for the whole day.
We bought 35100 CE at 320 which went to above 450 within 5-10 mins and Traders booked great profit.
For tomorrow, SGX Nifty is indicating a gap-up opening. We would see a good up-move in BankNifty once we would break the yellow falling resistance line. If we open with a big gap-up would be looking for an opportunity to sell at upper levels.
Expectations for Tomorrow: Volatile day.
Intraday Levels:
Buy Above 35150
Sell Below 34950
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Banknifty Prediction Intraday Level Analysis, 20 AugHello Traders,
Following are my analysis:
Resistance Level :
1. Strong Resistance Zone at 36200-100 and 36700-800
2. Strong Resistance at 36000
3. Increasing Resistance above 36000
Support Level :
1. 35400 is a small Support Level .
3. 35200 is Strong Support Level .
4. 35000 is the Strongest Support Level .
No Trade Zone:
35400-500
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.
BankNifty Intraday Trade Setup | 20th AugustBankNifty opened with a big gap-up due to HDFC Bank news but couldn't sustain at upper levels and we saw a sharp selling on Expiry day. In the morning we bought 36400 PE at 310 which made a high above 900 and we booked great profit in that. We also bought 35800 CE, 36200 PE, and 35700 CE and booked profit in all the Trades. Overall a great expiry for Option Buyers after a long time.
For tomorrow, Movement would be fast on the sell-side so look for the selling opportunity.
Expectations for Tomorrow: Volatile day.
Intraday Levels:
Buy Above 35700
Sell Below 35420
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
BankNifty Expiry Trade Setup | 18th AugustBankNifty opened below our sell level and we saw sharp selling in the morning, BankNifty remained in bearish territory for the entire day and we saw some recovery in the last 30 mins.
BankNifty is not aligned with Nifty, either BankNifty would give the breakout so we would see Nifty coming down. For tomorrow, we can see some volatility after 1:30 so Option Traders be cautious.
Intraday Levels:
Buy Above 36010
Sell Below 35750
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
BankNifty Intraday Trade Setup | 17th AugustBankNifty opened a flat and whole day trading inside the first 15 mins candle so there was no much opportunity for Option Buyers. In morning we bought 36100 CE around 280 and we added more around 230 which we booked almost at cost.
Expectations for Tomorrow: Range-bound day.
Intraday Levels:
Buy Above 36230
Sell Below 35980
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team