BankNifty opened with a minor Gap-down and after consolidation in the morning, we saw a good upmove. Though BankNifty was underperforming Nifty we saw a good move in the last 2 hours. Trades we took today - > Bought BankNifty 36100 CE at 330 which we booked with 70 points loss > Bought BankNifty 36100 CE again at 300 which made a high around 400 and Traders...
BankNifty opened with Gap-up, we saw good upside momentum in the morning and BankNifty closed near day high. Trades we took today - > Bought BankNifty 36000 PE at 230 which made a high above 320 and Traders booked great profit in this Trade > Bought BankNifty 36000 CE at 310 which we booked at a cost due to slow momentum > Bought BankNifty 36200 CE at 290 which...
BankNifty opened flat and we saw one side upmove when BankNifty broke our Buying level 36200, BankNifty faced resistance at 36800 zones and lost all the gains sharply. Trades we took today - > Bought BankNifty 36100 PE at 290 which we booked with 25 points loss > Bought BankNifty 36200 CE at 360 which made a high above 500 and Traders booked great profit in this...
NSE:BANKNIFTY Observations: 1) On 1day time frame, after holding 200DMA yesterday, it bounce it from it and made bullish candle. 200 DMA is placed at 35709.24 level, which is major support now. Please refer below chart : 1 day Time Frame. ------------------------------------- Trade Setup for Date: 02-12-2021 1) Don't Jump in to trade at the...
NSE:BANKNIFTY Observations: 1) On 1day time frame, it closed just below 200DMA. 200DMA is placed at 35707.33 level. If it sustain below it tomorrow then we can see weakness. 200DMA is major support. Please refer below chart : 1 day Time Frame. ------------------------------------- Trade Setup for Date: 01-12-2021 1) Don't Jump in to trade at...
BankNifty opened with a big gap-down due to Covid new variant news and all Global Markets were down. We saw all day selling and BankNifty closed more than 1300 points down near day low. Trades we took today - > Bought BankNifty 37000 CE at 350 which we booked with 100 points loss > Bought BankNifty 36600 PE at 400 which made a high above 800 and Traders booked...
BankNifty opened flat, we saw selling in the morning but the 37180 zones acted as support, and BankNifty has shown great recovery from lower levels though it was a Range-Bound day. Trades we took today - > Bought BankNifty 37400 PE at 240 which we booked with 60 points profit at 300 > Bought BankNifty 37200 CE at 220 which made a high around 318 and Traders...
BankNifty opened with a gap-up near our Buy level of 37420 and we saw a good up-move in the first half though the rally couldn't sustain at upper levels and we lost most of the gains by closing. Trades we took today - > Bought BankNifty 37300 CE at 290 which made a high above 500 and Traders booked great profit in this Trade > Bought BankNifty 37300 CE 2ND Dec...
BankNifty opened with a gap-down below our Sell Level 36970, gave a fast down move towards 36450 zones and showed a great recovery from lower levels. Trades we took today - > Bought BankNifty 37100 PE at 290 which we booked with 50 points profit > Bought BankNifty 37200 CE at 280 which made a high around 370 and Traders booked Good profit in this Trade > Bought...
BankNifty opened with more than 200 points gap-up but we saw sharp selling at open and while Day BN was forming lower highs, In last hour we saw 500 points recovery from day lows. Trades we took today - > Bought BankNifty 38000 CE at 320 which we booked with 40 points loss > Bought BankNifty 37800 PE at 320 which made a high above 450 and Traders booked Great...
BANKNIFTY Intraday Trade Setup For 23 Nov 2021 Buy-Above 37300 Sl-37200 T-37600 Sell-Below 36650 Sl-36750 T-36500 39327 36112 Index has hit our target in sell side . Our sell level was from 38300 target was 36600. Now if index continues to break low then simply short trail and enjoy. If index touches 37575-37600 in the first half an hour then sell from there...
NSE:BANKNIFTY Observations: 1) On daily time frame,it closed just below 50DMA and also closed below 38500. 50DMA is placed at 38382.61 level. And closed just above 38300 level. Major support is at 38000 level and immediate resistance is now at 38500 and major resistance is at 38800 level. Please refer below chart : 1 day Time Frame. 2) On 15min time...
>Market will be in range until Resistance 38900 or Support 38350 breaks. >We can expect an up move up to 39550 once Resistance 38900 breaks. >Market Will fall up to 37650 levels when Support 38350 Breaks. >Support will Become Resistance and Resistance will become Support once the level Breaks. *Always Enter With good confirmation & Maintain proper Risk...