Bank Expiry Trade Setup | 21st JulyBankNifty opened with a gap-down below our sell level 34900 which was a crucial level and we saw a sharp selling towards the 34350 zones which provided the cushion towards 35550.
Expectations for Tomorrow: Range-bound day, volatility after 1:30 PM.
Intraday Levels:
Buy Above 34620
Sell Below 34350
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
Bankniftyintradaysetpup
Bank Intraday Trade Setup | 20th JulyBankNifty opened with a big gap down near 35100, took support near 35000 zone which was physiological support and we saw a bounce towards 35347. We again saw a rejection from the yellow resistance line, we gave 35400 PE at 250 which gave us a good profit.
I also updated when BankNifty came in the 34500-34900 zone and bought 35000 CE which also gave good profit.
Expectations for Tomorrow: Range-bound day.
Intraday Levels:
Buy Above 35150
Sell Below 34900
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
Bank Intraday Trade Setup | 19th JulyBankNifty opened with a flat and without breaking Thursday's high started coming down, we bought 36000 CE at the opening and then 35900 PE and booked profit in both the trades. We gave 35600 PE at 190 which went to 225+.
Expectations for Tomorrow: Volatile Day.
Intraday Levels:
Buy Above 35820
Sell Below 35600
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
Banknifty Intraday Level Analysis 19 JulyHello Traders,
Following are my analysis:
Resistance Level :
1. Good Resistance Zone exists at 36200-300.
2. Strongest Resistance at 36000 .
3. Good Resistance at 36200 and 35800
* Increasing resistance above 36000.
Support Level :
1. 35500 is Strongest Support Level .
2. 35000 is a Strong Support.
3. 35700 is Good Support.
No Trade Zone : 35700-800
Sideways Possibility:
More Sideways above 35500 to 35700 , if market sustains breaks 35700
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.
Bank Intraday Trade Setup | 16th JulyBankNifty opened with a minor gap-up and after consolidation, broke its previous resistance 35820 which was also our buy level, and gave a good up-move. We bought 35900 PE in the morning which gave profit, in the afternoon we bought 36000 CE around 25 which went to 45-46 level and we booked good profit in that too. Overall it's was a good day.
For tomorrow, if BankNifty sustains above 36000 levels, we would see a trending up-move.
Expectations for Tomorrow: Trending day.
Intraday Levels:
Buy Above 36000
Sell Below 35800
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
Banknifty Intraday Levels Analysis 16 JulyHello Traders,
Following are my analysis:
Resistance Level :
1. Good Resistance Zone exists at 36200-400.
2. Strongest Resistance at 36000 .
3. Good Resistance at 36200
* Increasing resistance above 36000.
Support Level :
1. 35500 is Strongest Support Level .
2. 35000 is a Strong Support.
3. 35800-900 is Good Support Zone .
No Trade Zone : 35900-36000
Sideways Possibility:
More Sideways above 36000 to 35800 , if market sustains below 36000
* Imp Point:
Buy Above Violet Trend Line above 36000, Short Sell Below Violet 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.
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.
Bank Expiry Trade Setup | 15th JulyAs analyzed it was a volatile day, BankNifty opened with a minor gap-down and came towards 35500 levels, it formed the same pattern as yesterday and was not breaking the morning low. We bought 35400 CE at 265 and added more at 230-220 levels that gave good profit. In the second half, we bought 35800 and 35900 PE and both gave great profit.
For tomorrow, if BankNifty again struggles near the 35800 zones, PE buyers would get a good opportunity.
Expectations for Tomorrow: Range-bound day.
Intraday Levels:
Buy Above 35820
Sell Below 35400
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
Late night BANKIFTY analysis - Both side trades 👑 Drop a like if you feel its worthy and 👑 Follow here: in.tradingview.com
👑 My logic :
1) Strong resistance around 35,800 on 1hr time frame and 1D time frame, means it has to get past these levels with power
on 1hr and had to sustain on these zones for the whole day to give breakouts on both timeframes for a sustained bullish rally ahead
2)In this type of ascending triangle pattern, Bank nifty is now making higher lows towards the resistance of 35,800 signalings that it might weaken
this resistance this time and get past it: High probable trade would be a bullish one :) - swing trade with minimal setup
3) Also taking price action into consideration, as there is heavy resistance on this area thus it might again fall to the lower trendline that is supportive in nature
4) What we can do in such a case is keep a bearish mindset, for that purpose, go to a 5min time frame where if you see bank nifty breaking the green trendline + pivot central
and 200dema on 5min chart and closes below it (35550) then you can look for the targets of 34530 and 35336, that is 100 and 200 points for the intraday run
👑 Comment your thoughts and queries regarding anything on this analysis of mine, feel free buddy :)👑
⌛ Motivational and psychological area ⌛
✣Trade only if you are in the right mindset, if you have been emotionally weak for some time, take your time and don't trade, trade with a happy and + mindset only.
✣If you want to make money, firstly be prepared to lose it, only that much which you can afford and that much by which you can make a mistake again, learn from them and grow
✣Don't lose hope and keep grinding
✣I have seen my friends on youtube streaming games with watching 10, constantly they streamed for a year or two and now they are buzzing with 1k to 2k watching daily.
✣Focus on the process, you are here to make money not stupid decisions and lose it all
✣No one will help you climb the mountain, few will tell the path, so follow good people, make good mentors and make good decisions and choices in the stock market.
✣Believe in yourself :)
🎓🎓 Some info about me :)
➼My name is Apoorv and I am a 2nd year Engineering student, I want to pursue trading as my career, and thus whatsoever setups or trades I potentially see on my charting platform, I post it here and share them with you all.
➼I hope you will love my simple analysis style.
➼Feel free to suggest your view on this as learning is earning here :)
➼I take my trades on my Zerodha account :)
➼I don't take all the trades I post
➼These charts are my and only my work, my thought process, just from an educational point of view and no calls.
Bank Intraday Trade Setup | 14th JulyBankNifty opened with a big-gapup and faced resistance at 35500 zones, we bought 35500 PE at 225 which gave good profit. It didn't break the morning low and we saw good up-move once it broke the 35500 zones. If BankNifty breaks the 35820-35850 zone we may again see a good rally.
Expectations for Tomorrow: Volatile day.
Intraday Levels:
Buy Above 35820
Sell Below 35500
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
Banknifty Intraday Levels Analysis 13 JulyHello Traders,
Following are my analysis:
Resistance Level :
1. Strong Resistance Zone exists at 35600-800.
2. Strongest Resistance at 35500 .
3. Good Resistance at 35200-400
* Increasing resistance above 35500.
Support Level :
1. 35000 is Strongest Support Level .
2. 34500 is a Strong Support.
3. 34700-900 is Good Support Zone .
No Trade Zone : 35100-35200
Sideways Possibility:
More Sideways above 35000 to 35200 , if market sustains above 35000
*Imp Point:
More chances of breaking the Support Trend Line in Green Color, as it has tested multiple times.
Short Sell below Trend Line and at reversal from Resistance level shown.
Buy above 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.
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.
Bank Intraday Trade Setup | 13th JulyBankNifty opened with a gap-up and faced resistance near 35400 zones as analyzed yesterday. BankNifty is showing weakness in this zone and if we break 35000 zones tomorrow, we may see sharp selling.
Expectations for Tomorrow: Volatile day.
Intraday Levels:
Buy Above 35210
Sell Below 34980
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
Bank Intraday Trade Setup | 12th JulyBankNifty opened with a gap-down near our sell level 35150 and made a low of 34860 in the first 30 mins. After that, we saw a high of 35225, and then it was in that range for the entire day. BankNifty could save the 35000-34900 zone on a closing basis and we may see a bounce towards 35400-35500.
Expectations for Tomorrow: Trending day.
Intraday Levels:
Buy Above 35210
Sell Below 34980
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
Bank nifty support & Res Levels for tomorrow-> Check My Previous day Analysis how accurate our levels worked in Today Market.
-> Below Mentioned levels may act as Support & Resistance levels for Tomorrow
Support 1 : 35000
Support 2 : 34650
Resistance : 35400
If market Gapup then will face Resistance @ 35400 levels , Incase of Gapdown Will Take Support @ 35000, if 35000 level will break then next Support will be @34650
>> Always Enter With good confirmation & Maintain proper Risk Reward.
******* Knowledge Purpose only ********
>> Visit My Ideas Page for Daily Stock Analysis & check my previous stock analysis how accurate they are for Swing and Intraday Trades.
Bank Expiry Trade Setup | 8th JulyBankNifty opened flat, took support near 35400 zones and we saw an up-move towards the 35700 zones. We bought 34700 PE at 190 which gave good profit in the morning. BankNifty was trading in 200 points range for almost the entire day 35500-35700 which was broken on the upside in the last 30 mins.
Expectations for Tomorrow: Range-bound day volatility after 1:00 PM.
Intraday Levels:
Buy Above 35820
Sell Below 35600
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
Bank Intraday Trade Setup | 9th JulyBankNifty opened a flat, made a high of 35811 against our buy level 35820 and we saw a bearish day, we kept making lower lows and BN gave a surprising move today. For tomorrow 35000-34900 is the support zone see be cautious if you are holding a short position.
Expectations for Tomorrow: Volatile day.
Intraday Levels:
Buy Above 35400
Sell Below 35150
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
Banknifty Analysis Intraday Levels 8 JulyHello Traders,
Following are my analysis:
Resistance Level :
1. Good Resistance Zone exists at 36100-300.
2. Strongest Resistance at 36000 .
3. Strong Resistance at 36200.
* Increasing resistance above 36000.
Support Level :
1. 35000 is Strongest Support Level .
2. 35600-700 is a Strong Support Zone.
3. 35200-400 is Good Support Zone .
4. 35500 is Stronger Support Level.
No Trade Zone :
35700 - 35800
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.
Bank nifty support & Res LevelsAs We discussed earlier Bank nifty break 35500 level then face face Resistance @35800 levels and fell upto 35500 levels.
* We can consider this as trendline breakout and Retest if BN took Support @35500 levels and Raise & The chances of up move upto 36000 to 36500 levels.
* If BN fell From 35500 levels then We have to Short next Support Will be 35000 & 34650 levels.
You can see My previous analysis in below link
>> Always Enter With good confirmation & Maintain proper Risk Reward.
******* Knowledge Purpose only ********
>> 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 | 6th JulyBankNifty opened with a gap-up above our Buying level of 34900, sustained above this level and closed above 35200. Due to slow and choppy movement, we bought 35200 CE July Month which gave good profit.
Expectations for Tomorrow: Range-bound day.
Resistance: 35322
Support: 35014
Intraday Levels:
Buy Above 35250
Sell Below 35000
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
Banknifty Analysis Intraday levels 6 JulyHello Traders,
Following are my analysis:
Resistance Level :
1. Good Resistance Zone exists at 35300-35400 and 35700-800.
2. Strongest Resistance at 36000 .
3. Stronger Resistance at 35500.
4. New immediate Resistance is 35300
* Increasing resistance above 35500.
Support Level :
1. 35000 is Strongest Support Level .
2. 34500 is a Strong Support.
3. 34700-800 is Good Support Zone .
Sideways Possibility:
More Sideways above 35300 to 35500 , if market sustains above 35200
No Trade Zone :
35200 - 35300
*Imp Point:
Sell below Trend Line and at reversal from Resistance level shown.
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.
Bank Intraday Trade Setup | 5th JulyBankNifty opened with a minor gap-up and it faced resistance near our Buy level which was 34800, we bought 34700 PE at 255 which gave a good profit. In the second half, it broke 34800 levels and hit the first target as per the trade set-up.
BankNifty is trading in a triangle pattern and the range is narrowing down, we are expecting a big trend move once it breaks the triangle on either side.
Expectations for Tomorrow: Volatile day.
Resistance: 35040
Support: 34663
Intraday Levels:
Buy Above 34900
Sell Below 34600
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
Banknifty Analysis Intraday Levels 5 JulyHello Traders,
Following are my analysis:
Resistance Level :
1. Strong Resistance Zone exists at 35200-35300.
2. Strongest Resistance at 35000 .
3. Stronger Resistance at 35500.
4. New immediate Resistance is 34900
* Increasing resistance above 35000.
Support Level :
1. 34500 is Strongest Support Level .
2. 34000 is a Strong Support.
3. 34700-800 is Good Support Zone .
Sideways Possibility:
More Sideways above 34800 to 35000 , if market sustains above 34800
No Trade Zone :
34800 - 34900
*Imp Point:
3 possible ways indicated by 3 different arrows.
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.
Bank Intraday Trade Setup | 2nd JulyBankNifty opened a flat and soon it tested lower range, we bought 34700 CE at 130 which gave good profit. Overall it was a range-bound day and we saw some volatility after 1:30 as analyzed. Overall it was a good day for Option Sellers.
Expectations for Tomorrow: Trending Day.
Resistance: 35020
Support: 34480
Intraday Levels:
Buy Above 34800
Sell Below 34650
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!