BankNifty Intraday Trade Setup | 16th AugustBankNifty opened with a minor gap-up and BN broke the yellow resistance line in the opening and we saw a good up-move. We bought 36100 CE which gave a small profit as BankNifty was moving very slow. In second half we could catch the sharp fall and we booked great profit in 36100 PE.
BankNifty gave closing above 36050 level which is a good thing and we can see another rally tomorrow if it sustains above 36210.
Expectations for Tomorrow: Volatile day.
Intraday Levels:
Buy Above 36210
Sell Below 35900
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Bankniftyintradaysetpup
BankNifty Intraday Trade Setup | 13th AugustBankNifty opened with a minor gap-up near resistance and we saw a rejection in the opening. We bought 36200 PE at 280 which went to above 500 and we booked great profit. We again bought the same 36200 PE around 290 which again went to 400+.
BankNifty is trading in the triangle pattern and forming higher highs and higher lows, if it opens flat tomorrow and breaks this on the upper side, we can see a 100-150 points fast move in the morning.
Expectations for Tomorrow: Trending day.
Intraday Levels:
Buy Above 36020
Sell Below 35800
To motivate me, Please like the idea If you agree with the analysis.
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InvestPro India Team
Bank Expiry Trade Setup | 12th AugustBankNifty opened with a Gap-up near our upper resistant line and we saw a sharp selling from upper levels as per our analysis. We bought 36300 PE in the morning around 300 which went to above 700 and Traders made a great profit.
In the afternoon we also bought 35600 CE at 270 and added more at 240 which went to above 380 and again gave good profit.
For tomorrow, we may see a sharp selling in the second session so be cautious on sell-side if it sustains above 36000 zones.
Expectations for Tomorrow: Range-bound day.
Intraday Levels:
Buy Above 35900
Sell Below 35700
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Bank Intraday Trade Setup | 11th AugustAs per our analysis, BankNifty opened flat and gave a great move after breaking the falling line and sustaining above our buying level 36150. We saw a volatile session, have updated it before market hours.
BankNifty is facing resistance in the 36200 - 36300 zone, for tomorrow look for the sell-on-rise opportunity.
Expectations for Tomorrow: Volatile day.
Intraday Levels:
Buy Above 36210
Sell Below 35900
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Bank Intraday Trade Setup | 10th AugustBankNifty opened flat and sustained above our buy level in the morning, Future and Call Buyers made a good profit in the morning. BankNifty also gave a Sell opportunity from upper levels and we bought 36300 PE around 360 which again gave great profit.
Expectations for Tomorrow: Volatile day.
Intraday Levels:
Buy Above 36150
Sell Below 35890
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Banknifty Prediction Analysis Intraday Levels 10 AugHello Traders,
Following are my analysis:
Resistance Level :
1. Good Resistance Zone at 36200-300
2. Strong Resistance at 36500
Support Level :
1. 35800-900 is Good Support Zone .
2. 35800 is a Good Support Level .
3. 35500 is Stronger Support Level .
No Trade Zone :
36000-36100
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 view for 10-08-2021Good evening all,
Today again was a range-bound day and our entry levels were not activated. For tomorrow, across time frames the view suggested by the chart is either range-bound or if it breaches 36200, then, an upward climb of about 200 points. Nothing indicates a southside move as of now and will need to wait for the morning to provide us with better clarity. So;
Long side view:
Buy above 36220
Target 1 - 36425
above this, trail your SL
(Long SL - 36050)
---------------
Short side view:
TO BE UPDATED IN THE MORNING
*** This is a view and not necessarily a trade recommendation ***
However, If you like my idea..., do spread the word.
Bank Nifty Support & Resistance Levels for TomorrowMarket was in the Range from past 4 days & Taking Fib 236 level Support, So Breakout/Down either side will Result in trendy market.
->Resistance 36450
->If 35650 level will break market will fall upto next Support : 35150-35000
*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<<
Bank Intraday Trade Setup | 9th AugustBankNifty opened with a minor gap-up and due to RBI Policy, we saw the volatility in the morning session. After that, it was trading in a range and nothing much for Option Buyers.
For the last two days, BankNifty is not breaking 35700-35680 on the downside and 36050-36100 on the upside. We would see a fast and trending move once the range breaks either side.
Expectations for Tomorrow: Trending day.
Intraday Levels:
Buy Above 35920
Sell Below 35680
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Banknifty Prediction Analysis Intraday Levels 9 AugHello Traders,
Following are my analysis:
Resistance Level :
1. Good Resistance Zone at 36100-200
2. Strong Resistance at 36500
3. Stronger Resistance at 36000.
* Increasing resistance above 36000.
Support Level :
1. 35200-300 & 35700-800 is Good Support Zone .
2. 35800 is a Good Support Level .
3. 35500 is Stronger Support Level .
No Trade Zone :
35800-36000
Trend Line:
Sell Below Red Trend Lines .
This is not Buy and Sell recommendation to any one.
This is for education purpose and a helping hand to learn trading in Market.
Bank Intraday Trade Setup | 6th AugustBankNifty opened with a minor gap-up and as we updated before Market hours, we saw a good selling at open. Overall it was a range-bound day but Option Buyers sold at the top/ bought at the bottom made a good profit.
For tomorrow 35700-35680 is important to hold else we can see good selling towards 35500-35400 zone.
Intraday Levels:
Buy Above 36050
Sell Below 35680
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Bank Expiry Trade Setup | 5th AugustBankNifty opened with gap-up and continued the bullish momentum, It opened our Buying level and kept going up. We bought 36200 PE at 190 which gave us a good profit. As the trend is up, look for the buy on dips opportunity in the morning session.
Tomorrow is expiry and we have seen 1500 points rally in two sessions, we may see rangebound day and volatility after 1:00 PM.
Intraday Levels:
Buy Above 36220
Sell Below 35900
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
Bank Intraday Trade Setup | 3rd AugustBankNifty opened with a gap-up and faced resistance in the 34820 zones, it spent almost the whole day in 15 points range which was broken on the downside and we saw a good fall in BankNifty.
We did sell BankNifty Fut at 34980 which made a low around 34680, booked great profit on the sell-side.
Expectations for Tomorrow: Volatile day.
Intraday Levels:
Buy Above 34900
Sell Below 34590
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
Bank Intraday Trade Setup | 4th AugustBankNifty opened with a minor gap-down and we saw a trending move after breaking out the triangle pattern. We have bought 34700 and 34800 CE and both gave good profit. We also tried 34900 PE near resistance but it didn't work.
For tomorrow, would be looking for a buy-on dip opportunity as we got the breakout in BankNifty and positionally we can look for the target of 35800-36050.
Expectations for Tomorrow: Range-bound day.
Intraday Levels:
Buy Above 35250
Sell Only if it sustains below 35000
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
Banknifty Prediction Intraday Levels 4 AugHello Traders,
Following are my analysis:
Resistance Level :
1. Good Resistance Zone at 35700 and 35800
2. Strong Resistance at 36000
3. Stronger Resistance at 35500.
* Increasing resistance above 35500.
Support Level :
1. Stronger Support at 35000.
2. Stronger Support at 34500.
3. Strong Support Zone at 34700-800.
No Trade Zone :
35200-300
Trend Line:
Short Sell Below Green Trend Line .
This is not Buy and Sell recommendation to any one.
This is for education purpose and a helping hand to learn trading in Market.
Bank Intraday Trade Setup | 2nd AugustBankNifty opened with a gap-down and took support near 34500 zones, It was a range-bound day and BankNifty spent the whole day in the 270-280 points range.
For tomorrow, safe traders wait for this range to break and book profit quickly as both Nifty and BankNifty is in tight range and we should be booking profit quickly.
Expectations for Tomorrow: Volatile day.
Intraday Levels:
Buy Above 34810
Sell Below 34480
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
Bank Intraday Trade Setup | 30th JulyBankNifty opened with a gap-up and it faced resistance at 34800. We bought 34900 PE at 200 which went to above 350 in just 5-10 mins. We update before market hours that the Market would be negative/unsteady until 11:55 which Market respected and we book profit in 34800 PE twice and 34900 PE. We also bought 34500 CE around 12:00 which also gave good profit. Overall, it was an amazing day and we booked more than 300% profit.
Expectations for Tomorrow: Trending day.
Intraday Levels:
Buy Above 34800
Sell Below 34500
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
Bank Expiry Trade Setup | 29th JulyBankNifty opened flat and start falling in the opening, It took support from the 34100 zones and we saw a good recovery in the second half.
We have updated when it broke the falling line and we saw a good rise from 34275-34300 levels.
Expectations for Tomorrow: Range-bound, Volatility after 1:00 PM.
Intraday Levels:
Buy Above 34600
Sell Below 34380
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
Bank Intraday Trade Setup | 28th JulyBankNifty opened with a minor gap-up, broke, and sustained above 35120 which was our buying level but after making high around 35185 we saw the rejection from upper range and it broke the 34870 which was our selling level and came towards our first target.
As mentioned yesterday BN is showing weakness and Sell on rise would be the approach for tomorrow.
Expectations for Tomorrow: Weakness in the morning and then range-bound.
Intraday Levels:
Buy Above 34920
Sell Below 34700
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
Bank Intraday Trade Setup | 27th JulyBankNifty opened with a minor gap-down and broke our Sell level at the opening, it was taking support in the 34750 zones and we bought 800 CE around 270 which immediately went to above 400. We again bought 34900 CE on the dip around 270 which went to above 355 and met all our targets.
Despite good results in ICICI, Axis and Kotak Bank BankNifty was facing resistance in crossing the 35120 zones which is showing weakness.
Expectations for Tomorrow: Range-bound day.
Intraday Levels:
Buy Above 35120
Sell Below 34870
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
Bank Intraday Trade Setup | 26th JulyBankNifty opened with a minor gap-up and near 34820 we saw a rejection of 400 points, we bought 34700 PE at 250 which went to above 500 in just 10 mins. We bought 34800 at 200-210 which also gave great profit. Traders booked crazy profit in Options and we closed the day in just 30 mins of trading.
For Tomorrow, due to the ICICI Bank result, BankNifty may be highly volatile in the morning.
Expectations for Tomorrow: Volatile day.
Intraday Levels:
Buy Above 35120
Sell Below 34900
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!