Bank Expiry Trade Setup | 1st JulyBankNifty opened flat and faced resistance near our buy level, there was also a falling resistance line. We bought 35200 PE in the morning around 240 which hit all our targets in just 10 mins. BankNifty took support from the 34900 zones and we have seen a good rally towards the 35200 zone which was again our resistance level and we again saw rejection and sharp fall from that zone.
Expectations for Tomorrow: Range-bound day, volatility after 1:30 PM.
Resistance: 35080
Support: 34421
Intraday Levels:
Buy Above 34900
Sell Below 34700
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Bankniftyintradaysetpup
Bank Intraday Trade Setup | 30th June 2021BankNifty opened with a minor gap-down and came to test the support zone 35050-34950, took support, and traded in the range. Overall BankNifty was looking bearish today though it was able to close above the physiological level of 35000. For tomorrow, if we open with Gap-up, look for the selling opportunity, if opens Gap-down follow the price action.
Expectations for Tomorrow: Volatile day.
Resistance: 35260
Support: 34836
Intraday Levels:
Buy Above 35100
Sell Below 34900
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BankNifty Intraday Levels-Analysis, 29 JuneHello Traders,
Possibility of market opening as Flat.
Resistance Level :
1. Strong Resistance Zone exists at 35500-35800.
2. Strongest Resistance at 35500 .
3. Stronger Resistance at 36000.
Support Level :
1. 35000 is Strongest Support Level .
2. 34800 is a Strong Support.
3. 35200-300 is Good Support Zone .
Sideways Possibility:
More Sideways above 35200 to 35500 in first half, if market sustains below 35500
Trend Line :
Sell Below Green Trend Line and at levels 35500 when you see a reversal.
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 | 29th June 2021BankNifty opened with a minor gap-up and trading in a range but BankNifty didn't break the previous breakout zone 35220-35150, it was a tough day for the Option buyers. For tomorrow, if BankNifty sustains above 35500 we may see rally towards 35750-35780.
Expectations for Tomorrow: Trending day.
Resistance: 35731
Support: 35050
Intraday Levels:
Buy Above 35450
Sell Below 35250
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Bank Intraday Trade Setup | 28th June 2021BankNifty opened minor gap-up and trading in a range, after consolidation between 35000 and 34900 we saw good up-move which was updated in the group. As analyzed we saw a Trending day and Call buyers made easy money. If we open with big gap-up, would look for the sell opportunity between 35700-35800 levels.
Expectations for Tomorrow: Volatile day.
Resistance: 35599
Support: 35023
Intraday Levels:
Buy Above 35450
Sell Below 35200
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Bank Intraday Trade Setup | 25th June 2021BankNifty opened with a Gap-up and traded in a very narrow range, a Typical expiry day where Option Writers were making money from both CE and PE. We took both CE and PE trades today and booked profit in both the trades. Though BankNifty 35000 CE as Zero Hero didn't work well.
Expectations for Tomorrow: Trending day.
Resistance: 35127
Support: 34634
Intraday Levels:
Buy Above 35050
Sell Below 34760
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InvestPro India Team
Banknifty Forming Cup & Handle Pattern Hello Traders,
Possibility of market opening with Gap UP/Flat.
Resistance Level :
1. Good Resistance Zone exists at 35600-35800.
2. Stronger Resistance at 35500 .
3. Strongest Resistance at 36000.
Support Level :
1. 35000 is Strongest Support Level .
2. 34800 is a Strong Support.
3. 35200-300 is Good Support Zone .
Sideways Possibility:
More Sideways above 35300 to 35500 in first half, if market sustains below 35500
Cup & Handle Breakout Levels:
35300 and 35550 as shown by violet color arrows.
Trend Line :
Buy above green Trend Line when it reverses from it.
Buy above levels as indicated by green arrows.
Sell Below Green Trend Line and at levels 35500 when you see a reversal.
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 Levels - Analysis 25 JuneHello Traders,
Possibility of market opening with Gap UP.
Resistance Level :
1. Good Resistance Zone exists at 35200-35300.
2. Strongest Resistance at 35000 .
3. Strong Resistance at 35500.
Support Level :
1. 34000 is Strongest Support Level .
2. 34500 is a Strong Support.
3. 34700-800 is Good Support Zone .
Sideways Possibility:
More Sideways above 35000 to 34700, if market sustains below 35000
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 Analysis Expiry Special 24 JuneHello Traders,
Trade safe as today is Expiry Day ... More Premium will Decay
Resistance Level :
1. Good Resistance Zone exists at 34700-34800.
2. Strongest Resistance at 35000 .
3. Strong Resistance at 34800.
4. Strong Resistance Zone exists at 35100-35300.
Support Level :
1. 34000 is Strongest Support Level .
2. 34500 is a Strong Support.
3. 34200-300 is Good Support Zone .
Sideways Possibility:
More Sideways above 34300 to 34500, if market sustains above 34200
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 | 24th June 2021As analyzed, BanknIfty opened with a gap-up and faced resistance near our Buy Level which is 34900, and traded in a narrow range the whole day. We tried to play in a range and bought 34800 CE which worked and gave easy 20% profit. For tomorrow, I am expecting a Negative opening.
Expectations for Tomorrow: Volatile session after 1:00 PM.
Resistance: 34832
Support: 34266
Intraday Levels:
Buy Above 34700
Sell Below 34480
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Bank Intraday Trade Setup | 23rd June 2021As analyzed, BanknIfty opened with a gap-up and faced resistance near the 35300 zones. We bought 35100 PE in the morning but due to range-bound it hit our SL by 4 points and we saw a good down move. For tomorrow, I am expecting a positive morning session.
Expectations for Tomorrow: Range-bound day.
Resistance: 35129
Support: 34280
Intraday Levels:
Buy Above 34900
Sell Below 34650
To motivate me, Please like the idea If you agree with the analysis.
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InvestPro India Team
BankNifty Intraday Levels-Analysis 23 JuneHello Traders,
Possibility of market opening with Gap Down.
Resistance Level :
1. Good Resistance Zone exists at 34800-35000.
2. Strongest Resistance at 35000 .
3. Strong Resistance at 35200.
Support Level :
1. 34000 is Strongest Support Level .
2. Good Support at 34700.
3. 34500 is a Strong Support.
4. 34200-300 is Good Support Zone.
Sideways Possibility:
More Sideways above 34500 to 34700, if market sustains above 34700
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 | 22nd June 2021BankNifty opened with a big gap-down today and as per strategy mentioned in trade idea for today, we bought morning lows and that gave great profit. We are expecting a positive morning tomorrow and BankNifty may break the 35000-35050 zone tomorrow.
Expectations for Tomorrow: Range-bound day.
Resistance: 35220
Support: 34578
Intraday Levels:
Buy Above 35050
Sell Below 34700
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Happy Trading!
InvestPro India Team
Bank Intraday Trade Setup | 21st June 2021BankNifty Opened with a Gap-up and faced resistance near the drawn Yellow Line. We saw panic selling once start trading below 33450 which was also our Sell level. SGX showing gap-down opening and if BankNifty opens near 34000 zones, would be looking at the Buy opportunity.
Expectations for Tomorrow: Volatile day.
Resistance: 34927
Support: 34048
Intraday Levels:
Buy Above 34700
Sell Below 34400
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
BankNifty Intraday Levels Analysis 21st JuneHello Traders,
Resistance Level :
1. Good Resistance Zone exists at 34700-800.
2. Strongest Resistance at 35000 .
Support Level :
1. 34000 is Strongest Support Level .
2. Good Support at 34300.
3. 34500 is a good Support.
Sideways Possibility:
More Sideways below 34500 to 34700, if market opens below 34700
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 hit the Follow button to get the regular analysis.
Please give a like, it motivates me to do analysis and do share with your friends as well.
Banknifty Intraday Levels - Analysis 18th JuneHello Traders,
Resistance Level :
1. Good Resistance Zone exists at 35200-300.
2. Strongest Resistance at 35000 .
Support Level :
1. 34000 is Strongest Support Level .
2. Good Support at 34300.
3. 34500 can act as good Support.
Sideways Possibility:
More Sideways below 34500 to 34700, if market sustains above 35000
Trendlines :
Sell below Red Trend Line .
Buy above Red 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 hit the Follow button to get the regular analysis.
Please give a like, it motivates me to do analysis and do share with your friends as well.
Bank Intraday Trade Setup | 18th June 2021As expected, BankNifty opened with a Gap-down and gave a good rally towards resistance 34900, It faced resistance and lost all morning gains. We got a selling opportunity around 2:00 PM which gave a quick 600% profit to Put Buyers.
Expectations for Tomorrow: Volatile day.
Resistance: 34839
Support: 34224
Intraday Levels:
Buy Above 34700
Sell Below 34450
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Bank Expiry Trade Setup | 17th June 2021BankNifty opened a flat and took support near our Sell level and went up. It faced resistance at our Buy level, couldn't sustain above that, and came down. We got sell opportunity as per set-up when it broke 35100 zones and gave good profit.
Expectations for Tomorrow: Rangebound day, volatility after 1:30 PM.
Resistance: 35283
Support: 34636
Intraday Levels:
Buy Above 35150
Sell Below 34900
To motivate me, Please like the idea If you agree with the analysis.
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InvestPro India Team
Bank Intraday Trade Setup | 16th June 2021BankNifty opened with a gap-up and made a high around resistance 35280 and as we analyzed BN remained in a range the whole day, there was not much for Intraday players.
Expectations for Tomorrow: Volatile day, selling after 1:00 PM.
Resistance: 35480
Support: 34950
Intraday Levels:
Buy Above 35330
Sell Below 35100
To motivate me, Please like the idea If you agree with the analysis.
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InvestPro India Team
BankNifty IntraDay Analysis 16th June 2021Hello Traders,
Possible of Gap Down/Flat Opening ...Tomorrow
Resistance Level :
1. Good Resistance exists at 35300.
2. Strongest Resistance at 35500 .
3. Good Resistance at 35800.
Support Level :
1. 35000 has become Strongest Support Level .
2. Good Support at 35200 .
3. Good Support at 34700
SideWays Possibility:
More Sideways below 35300 to 35000.
No Trade Zone: 35200 -35300
TrendLines :
Sell below Red Trend Line.
Buy above 35000 levels.
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 hit the Follow button to get the regular analysis.
Please give a like, it motivates me to do analysis and do share with your friends as well.
Bank Intraday Trade Setup | 14th June 2021BankNifty opened with a gap-up and faced resistance near the 35350 zones, it couldn't even sustain above 35200 level which was our buy level and gave us sell opportunity. We got another sell trade once it started trading below the upper yellow line which gave us a 100-150 points trade.
Expectations for Tomorrow: Volatile day.
Resistance: 35297
Support: 34844
Intraday Levels:
Buy Above 35120
Sell Below 34900
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Bank Intraday Trade Setup | 15th June 2021BankNifty opened with a gap-down and gave approx 600 points down move in first 30 mins. Then it was trading in a range which it broke on the upside in the second half. We bought CE near support in the morning it didn't work as the fall was sharp. We again bought 34800 CE around 2:00 PM which gave us great profit.
Expectations for Tomorrow: Range-bound day.
Resistance: 35394
Support: 34551
Intraday Levels:
Buy Above 35020
Sell Below 34800
To motivate me, Please like the idea If you agree with the analysis.
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InvestPro India Team
Bank Intraday Trade Setup | 11th June 2021BankNifty opened flat and traded in a range until 1:00 PM as we analyzed for today. We broke the range upside and saw a good rally.
Expectations for Tomorrow: Trending day.
Resistance: 35441
Support: 34855
Intraday Levels:
Buy Above 35200
Sell Below 35000
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team