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Bankniftyintradaytradesetup

BANKNIFTY Intraday Trade Setup For 20 Mar 2023BANKNIFTY Intraday Trade Setup For 20 Mar 2023 Buy-Above 39705 Sl-39595 T-40110 40515 Sell-Below 39220 Sl-39330 T-38895 38615 BANKNIFTY has closed on a bearish sentiment with more than 2% cut last week. Last week it finally hit our positional sell target (41550-38615). It gave dot reversal from the PRZ (1.618) which was 38615. So next leg of selling will will be triggered below 38600.This current week is a week base building and a bottom can be created. It has formed halt/reversal candles in daily TF so a pullback is very much possible. After that if we make bullish price structure above 39710 then we will start the upside journey. Coming to Monday's trade setup, if index opens flat and a 15 Min candle closes above 39705 then we will long for the target of 40110 and 40515. For selling we need a 15 Min candle close below 39220. T- 38895 and 38615. In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range. Trade on this range breakout.
NSE:BANKNIFTY
by Omahto
Nifty Bank Futures Key Trading Levels for 20th March 2023Nifty Bank Futures Key Trading Levels for 20th March 2023 Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my view. Please consult your Financial Advisor before making any trading decision.
NSE:BANKNIFTY1!
by sbkurandwad77
NiftyBank Futures Key Trading Levels for 17th March 2023NiftyBank Futures Key Trading Levels for 17th March 2023 Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my view. Please consult your Financial Advisor before making any trading decision.
NSE:BANKNIFTY1!
by sbkurandwad77
BANKNIFTY Intraday Trade Setup For 17 Mar 2023BANKNIFTY Intraday Trade Setup For 17 Mar 2023 Buy-Above 39385 Sl-39275 T- 39581 39785 Sell-Below 38990 Sl-39100 T-38800 38615 BANKNIFTY took a pause in the mega down move today and closed with a slight gain of 0.21% gain. Today it finally hit the positional sell target (41550-38615). Last week the continuation sell level was 40340. Now it has formed a hammer at PRZ (1.618) in daily TF so above its high it will start the pullback move. Initial pullback can come till 40000. Selling will resume below 38600 now for the target of 36750. Today sell triggered below 38930 and hit our 1st target 38615. Coming to Friday's trade setup, if index opens flat and a 15 min candle closes above 39385 then we will long for the target of 39581 and 39785-800. For selling we need a 15 Min candle close below 38990. T- 38800 and 38615. In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range. Trade on this range breakout.
NSE:BANKNIFTY
by Omahto
2
BANKNIFTY Intraday Trade Setup For 16 Mar 2023BANKNIFTY Intraday Trade Setup For 16 Mar 2023 Buy-Above 39220 Sl-39110 T-39550 39900+ Sell-Below 38930 Sl-39040 T- 38615 38300 BANKNIFTY has closed on a bearish sentiment with 0.91% cut today. After our first positional sell level- 41550 was triggered it has been in a bearish phase. Now it is near our 1st target 38700. Last week our extended sell level was 40340 which was triggered on Monday and the trade is going buttery smooth as no TSL is hit across TFs. We will just sleep on this till we get any sign of reversal which is PDH on CB or till we get any sign of reversal by bullish price structure or any reversal candle in daily TF. Today it opened with a big gap up and 10 o'clock range broke downside below 39650 and gave move till 38935 with 125 points sl. Coming to Thursday's trade setup, if index opens flat and a 15 Min candle closes above 39220 then we will long for the target of 39550 and 39900+. For selling we need a 15 Min candle close below 38930. T- 38615 and 38300. In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range. Trade on this range breakout.
NSE:BANKNIFTY
by Omahto
NiftyBank Futures Key Trading Levels for 16th March 2023_Expiry NiftyBank Futures Key Trading Levels for 16th March 2023_Expiry Tradesetup Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my view. Please consult your Financial Advisor before making any trading decision.
NSE:BANKNIFTY1!
by sbkurandwad77
FASP levels for Bank Nifty 16/03/2023The FASP for BankNifty is listed for 16-03-2023 . You can add this levels to your trade setup for better results. This should not be the only indicator but an additional tool to increase your winning possibilities. What is Fibolysis Anchor SupRes Points(FASP)? It is a unique level arrived by using Fibonacci Retracement , Fibonacci Extension , Standard Pivot levels under various Timeframes. It is an extensively analyzed level to draw the support and resistance levels for the next day. You can use these levels along with your trade setup to increase your winning odds. Validity of the levels: 1 Day How to use these levels? The three levels on both sides are usually easily achievable. The Targets above are bit difficult to achieve in a single trading session. I use this fact to write intraday positions and to buy options. Color Coding: Green is regular support and buying area, Red is strong exit area Disclaimer: This is shared in the interest of educational purpose and for knowledge enhancement. Kindly refer it in the same light. I am not responsible for any profits or loss incurred based on this information.
NSE:BANKNIFTY
by SathishChandrasekaran
BANKNIFTY Intraday Trade Setup For 15 Feb 2023BANKNIFTY Intraday Trade Setup For 15 Feb 2023 Buy-Above 39545 Sl-39435 T- 39800 40100 Sell-Below 39335 Sl-39445 T- 39130 38835 BANKNIFTY has closed on a bearish sentiment with 0.39% cut. Below our extended sell level- 40340 it has given 1200 points (40340-39135) gain in just 2 days. Hope everyone captured this move very smoothly as it did not gave any fear by pullback. Now it has formed a spinning top candle in daily TF which is a sign of halt/reversal. Above 39545 it may start the pullback move and above today's high if sustained it can give decent pullback. Below 39130 down move will continue. Today sell triggered below 39450 and almost hit our 1st target. Coming to Wednesday's trade setup, if index opens flat and a 15 Min candle closes above 39545 then we will long for the target of 39800 and 40100. For selling we need a 15 Min candle close below 39335. T- 39130,below this it will test 38835. In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range. Trade on this range breakout.
NSE:BANKNIFTY
by Omahto
NiftyBank Futures Key Trading Levels for 15th March 2023NiftyBank Futures Key Trading Levels for 15th March 2023 Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my view. Please consult your Financial Advisor before making any trading decision.
NSE:BANKNIFTY1!
by sbkurandwad77
BANKNIFTY Intraday Trade Setup For 14 Feb 2023BANKNIFTY Intraday Trade Setup For 14 Feb 2023 Buy-Above 39685 Sl-39575 T- 40020 40355 Sell-Below 39450 Sl-39560 T- 39085 38750 BANKNIFTY has closed a bearish sentiment with 2.27% cut today. It was explained on weekend that below 40340 we will start the down move once again and that will be the continuation of sell trade triggered below 41550. Today 40340 was triggered and it gave a nose dive till 39455. Trade gave more than 850 points gain. Bearish sentiment is likely to continue below today's low 39450. Possibility of a pullback will be there if we make a bullish price structure above 39685 in 5/15 TF. Coming to Tuesday's trade setup, if index opens flat and a 15 Min candle closes above 39685 then we will long for the target of 40020 and 40355. For selling we need a 15 Min candle close below 39450. T- 39085 and 39750. In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range. Trade on this range breakout.
NSE:BANKNIFTY
by Omahto
BANKNIFTY Intraday Trade Setup For 13 Mar 2023BANKNIFTY Intraday Trade Setup For 13 Mar 2023 Buy-Above 40525 Sl-40415 T-40690 40850 Sell-Below 40340 Sl-40450 T- 40140 39940 BANKNIFTY has closed on a bearish sentiment with 1.86% cut last week. After a shooting star was formed on 6 Mar 2023 it was updated that its high and low and important for trigger of momentum any side. Its low was broken and it just took a deep dive. More than 900 points tanked till now. As of now 41700 and 40340 is the range, direction momentum will come above and below these levels. Sentimental halt in the current down move will be seen when we close above PDH. Coming to Monday's trade setup, if index opens flat and a 15 Min candle closes above 40525 then we will long for the target of 40690 ad 40850. For selling we need a 15 min candle close below 40340. T- 40140 and 39940. In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range. Trade on this range breakout.
NSE:BANKNIFTY
by Omahto
FASP levels for Bank Nifty 13/03/2023The FASP for BankNifty is listed for 13-03-2023. You can add this levels to your trade setup for better results. This should not be the only indicator but an additional tool to increase your winning possibilities. What is Fibolysis Anchor SupRes Points(FASP)? It is a unique level arrived by using Fibonacci Retracement , Fibonacci Extension , Standard Pivot levels under various Timeframes. It is an extensively analyzed level to draw the support and resistance levels for the next day. You can use these levels along with your trade setup to increase your winning odds. Validity of the levels: 1 Day How to use these levels? The three levels on both sides are usually easily achievable. The Targets above are bit difficult to achieve in a single trading session. I use this fact to write intraday positions and to buy options. Color Coding: Green is regular support and buying area, Red is strong exit area Disclaimer: This is shared in the interest of educational purpose and for knowledge enhancement. Kindly refer it in the same light. I am not responsible for any profits or loss incurred based on this information.
NSE:BANKNIFTY
by SathishChandrasekaran