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Bankniftyintradaytradesetup

FASP Levels for BankNifty 02/1/2023The FASP for BankNifty is listed for 02-1-2023. 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:BANKNIFTYShort
by SathishChandrasekaran
BANKNIFTY Intraday Trade Setup For 30 Dec 2022BANKNIFTY Intraday Trade Setup For 30 Dec 2022 Buy_1-Above 43500 Sl-43390 T- 43860 44170+ Buy_2- From 42990 Sl-42880 T-43250 43500+ BANKNIFTY has closed on a bold bullish note with 1% gain. It has closed near day high which is once again a positive sign left for next trading session. This bullish momentum is likely to continue above today's high- 43500. A pullback is needed before breakout. Or else there will be issue in sl calculation as swing low will be far and due to market structure mid way a pullback can come. So 1st thing is pullback an the 2nd thing is tight trailing. As per last trade setup, buy sell an buy triggered both an gave both way profit. Coming to Friday's trade setup, if index opens flat and a 15 Min candle closes above 43500 then we will long for the target of 43860 and 44170+. Pullback is needed to execute this trade. If index gives a pullback in the 1st hour then it can test 42990. So we will plan for a buy from this level also. This level will work when it opens below or at today's high. 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
FASP Levels for BankNifty 30/12/22The FASP for BankNifty is listed for 30-12-2022 . 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. V alidity 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:BANKNIFTYShort
by SathishChandrasekaran
BANKNIFTY Intraday Trade Setup For 29 Dec 2022BANKNIFTY Intraday Trade Setup For 29 Dec 2022 Buy-Above 43035 Sl-42925 T-43245 43510 43770 Sell-Below 42690 Sl-42800 T-42530 42385 42200 BANKNIFTY has closed on a absolute flat note. Today's closing is evident to tell what type of sentiment it was there in today's session. It was total sideways as it was near 43000 round level. Today buy triggered above 42930 and gave more than 1:1. It was mentioned in the trade setup that 43k is round level and effect will be seen. Today it traded within 340 points and formed a tiny candle in daily chart. Above its high and low next movement will be triggered. Coming to Thursday's trade setup, if index opens flat and a 15 min candle closes above 43035. T- 43245, 43510 and 43770. For selling we need a 15 min candle close below 42690. T- 42530, 42385 and 42200. 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 28 Dec 2022BANKNIFTY Intraday Trade Setup For 28 Dec 2022 Buy-Above 42930 Sl-42820 T-43245 43510 Sell-Below 42720 Sl-42835 T- 42400 42055 BANKNIFTY has closed on a slight positive note with 0.54% gain. It has closed near day high which is a positive sentiment. This bullish sentiment will continue if it sustains above today's high. Today it opened near PDH and fell sharply, around 500 points. Sell was triggered below 42530 and gave more than 1:1 profit. Later it made a Pinbar candle in 15 Min TF and made a bottom later it was converted into a double bottom. If today's high is sustained then we can test 43770 in the coming days. Below 42390 we can slide lower. Coming to Wednesday's trade setup, if index opens flat and a 15 Min candle closes above 42930. T- 43245, 43510 and 43770. 43000 is very important and have to be keenly watched. For selling we need a 15 Min candle close below 42720. T- 42055. Below 42000 we can test 41820 and 41600. 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 BankNifty 28/12/22The FASP for Bank Nifty is listed for 28-12-2022. 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: Only valid for the intraday mentioned above. 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, Purple is either strong support or resistance and blue is regular resistance. 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 27 Dec 2022BANKNIFTY Intraday Trade Setup For 27 Dec 2022 Buy-Above 42850 Sl-42740 T-43010 41180 43390 Sell-Below 42530 Sl- 42640 T-42290 42055 BANKNIFTY has closed on a positive note with 2.31% gain. It has formed a big bullish engulfing candle in daily TF. We discussed yesterday that 41500 juncture is very important and can act as a base. Today it opened near the same region and buy triggered as per trade setup and a hit all targets. Buy triggered above 41845 and gave a move till 42845. No TSL hit in 5 Min charts. It was a bounce from 0.382 Fib level in daily TF. Tomorrow's best trade will be on flat opening. Coming to Tuesday's trade setup, if index opens flat and a 15 Min candle close above 42850 then we will long for the target of 43010 and 43177. For selling we need a 15 Min candle close below 42530. Target will be 42290 and 42055. 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 BankNifty 27/12/22The FASP for Bank Nifty is listed for 27-12-2022. 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: Only valid for the intraday mentioned above. 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, Purple is either strong support or resistance and blue is regular resistance. 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:BANKNIFTYLong
by SathishChandrasekaran
BANKNIFTY Intraday Trade Setup For 26 Dec 2022BANKNIFTY Intraday Trade Setup For 26 Dec 2022 Buy- 41845 Sl-41735 T- 42040 42230 Sell-Below 41595 Sl-41705 T-41290 41050 BANKNIFTY has closed on a negative note last day and last week. We already discussed that since last 11 weeks index was closing above Previous Week Low (PWL). It was clearly mentioned last week that if we break last week's low- 43080 then we will see good down move which will be the initial pullback of the mega rally. After trigger index has given 1480+ points non stop trendy move. 1st target will be near 40765 and to ride till target TSL will be PDH. Also 41500 is a round level so there can be halt at this juncture. Coming to Monday's trade setup, if index opens flat and a 15 Min candle closes above 41845 then we will long for the target of 42040 and 42230. For selling we need a 15 Min candle close below 41595. T- 41290, 41050. 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 BankNifty 26/12/22The FASP for Bank Nifty is listed for 26-12-2022. 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: Only valid for the intraday mentioned above. 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, Purple is either strong support or resistance and blue is regular resistance. 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:BANKNIFTYShort
by SathishChandrasekaran
BankniftyThe global market indicates a negative start. The market nature is bearish to neutral. The market may start with a gap-down. After the gap-down market takes a pullback around the major key levels, then we will expect a minor pullback. And if the pullback breaks the previous day's minor high, then we will expect minor consolidation to pullback continuation. On the other hand, if the market breaks the immediate support, then we will expect correction continuation.
NSE:BANKNIFTYShort
by Manickamtraders
2
FASP Levels for BankNifty 23/12/22The FASP for Bank Nifty is listed for 23-12-2022. 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: Only valid for the intraday mentioned above. 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, Purple is either strong support or resistance and blue is regular resistance. 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
2
BANKNIFTY Intraday Trade Setup For 23 Dec 2022BANKNIFTY Intraday Trade Setup For 23 Dec 2022 Buy-Above 42640 Sl-42530 T- 42950 43370 Sell-Below 42230 Sl-42340 T-41890 41550 BANKNIFTY has closed on a bearish sentiment with 0.49% cut. It opened with a decent gap up near previous swing high in 15 Min TF. The bearish sentiment kicked in and gave a nose dive from there. Our sell level was 42550. I updated not to short in the impulsive move. Short after the pullback. As soon as that happened it gave a smooth fall till 41235. 10 o'clock range also broke downside. Today index gave multiple decent bounces also. Coming to Friday's trade setup, if index opens flat and a 15 Min candle closes above 42640 then we will long for the target of 42950-42k. Next target after that will be 43370. For selling we need a 15 Min candle close below 42230. T- 41890. Post bounce if slide then we will test 41500-50. 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
4
BANKNIFTY Intraday Trade Setup For 22 Dec 2022BANKNIFTY Intraday Trade Setup For 22 Dec 2022 Buy-Above 42950 Sl-42840 T-43350 43625 Sell-Below 42550 Sl-42660 T-42000 41645 BANKNIFTY has closed a bearish sentiment with 1.71% cut. It it opened with slight gap up near 1st target. It was updated that we will be using 10 o'clock range to trade in such case. 10 o'clock range broke downside below 43395 and gave a clear cut move till 42365 non stop. No trailing sl was hit in 5 min TF. Its a bearish engulfing candle in daily charts. This bearish sentiment will continue below today's low. Probability of an inside candle is high tomorrow if the today's low will be safe till the 1st 45 Min. This is just a possibility so do not plan for a bigger move tomorrow. Coming to Thursday's trade setup, if index opens flat and a 15 min candle closes above 42950 then we will long for the target of 43350 and 43600+ For selling we need a 15 min candle close below 42550. Target will be 42365. Below 42350 we will hit 42000 and below. 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