It was a great day, I did share 4 ideas for today's trading session out of which 1 wasn't activated and the rest 3 met the targets.BankNifty was showing strength initially and fighting to break our sell level but finally, it broke and met both the targets. Levels for tomorrow: Buy above 31900 for the targets of 32000 and 32100. SL for the Buy Trade would be...
Trade according to your risk appetite! Happy trading :) Do drop a like and follow for more ideas!
ALL the levels have been plotted on the chart. Since budget is on 1st Feb, market can trade in a range ( calm before a storm ), however, we never know what's gonna happen next. Believe in Price and do not take anything else has granted. Please comment and let me know if you have any questions.
We can see the strong trend line which if broken, BNF could free-fall below 32440 level. However, if BNF crosses 32720 level, we could easily see BNF cross 32800
As analyzed yesterday BankNifty faced resistance near our level and took support near the sell level. Here are the levels for tomorrow: Buy above 32700 for the targets of 32800 and 32900. SL for the Buy Trade would be 32290. Sell Below 32435 for the targets of 32300, 32200, and 32100. SL for the Sell Trade would be 32540. To motivate me, Please like the idea If...
NSE:BANKNIFTY 📊 Each levels Act as support and resistance📈📉. one can trade on 3min, 5min and 15 min as per their trade set up. for reference one can check our old published ideas. if any candle taking support from any level then try to identify that is that reversal candle at support or what if that is reversal candle then go long above that reversal candle and...
Buy above 32700 for the targets of 32800 and 32900. SL for the Buy Trade would be 32290. Sell Below 32435 for the targets of 32300, 32200, and 32100. SL for the Sell Trade would be 32540. To motivate me, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
NSE:BANKNIFTY 📊 Each levels Act as support and resistance📈📉. one can trade on 3min, 5min and 15 min as per their trade set up. for reference one can check our old published ideas. if any candle taking support from any level then try to identify that is that reversal candle at support or what if that is reversal candle then go long above that reversal candle and...
Case 1 - BNF opens flat (within 60 points range and crosses 32350, a long trade can be initiated. Case 2 - Market opens big gap-up, it can reverse from 32500 (bc psychological level) or it can touch all time high and then reverse. Case 3 - Market crosses 32200 level, a short setup can be made. Since it will be Wednesday, PUT SIDE premiums need to be adjusted, so...
Buy above 32400 for the targets of 32500 and 32600. SL for the Buy Trade would be 32290. Sell Below 32230 for the targets of 32100 and 32000. SL for the Sell Trade would be 32335. To motivate me, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
If you observed carefully, BANKNIFTY & NIFTY has performed exactly like last Monday. Believing the fact that History gets repeated, will BNF can make all time high tomorrow. Case 1 - BNF opens gap-down and crosses 32100 level, it can go up to 32650 level. Case 2 - BNF crosses 31820 level, it can retest 31500 level. The range as shown in the picture is...
NSE:BANKNIFTY 📊 Each levels Act as support and resistance📈📉. one can trade on 3min, 5min and 15 min as per their trade set up. for reference one can check our old published ideas. if any candle taking support from any level then try to identify that is that reversal candle at support or what if that is reversal candle then go long above that reversal candle and...
Buy above 32225 for the targets of 32350, 32425, and 32500. SL for the Buy Trade would be 32240. Sell Below 32000 for the targets of 31900, 31800, and 31700. SL for the Sell Trade would be 32110. To motivate me, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
We can see Banknifty is forming a Triangle pattern. Wait for clear breakout or breakdown of the pattern. Don't rush and be patient.
NSE:BANKNIFTY 📊 Each levels Act as support and resistance📈📉. one can trade on 3min, 5min and 15 min as per their trade set up. for reference one can check our old published ideas. if any candle taking support from any level then try to identify that is that reversal candle at support or what if that is reversal candle then go long above that reversal candle and...
Sell BankNifty if sustains below 31000 for the targets of 30900, 30800, and 30700. Consider buying only above 31500. I would also try to update the idea during market hours. Happy Trading! InvestPro India Team
We can see market has given a breakout of 15 min range in the end. Case 1 - Market opens big gap up, comes down, takes support and shows bullish sign then I will go long. Case 2 - Market opens flat and form 5 min bullish candle above the range, I will go long Case 3 - Market is within the range and consolidates and breaks down the 15 min range, I will go...
As long as Banknifty is trading in between the purple range, I am not expecting any big movement as such and hence will go for scalping trades if any. Let's wait patiently for the market to breakout/breakdown of the range. Nifty has already made an all time high, which is a good indication that Banknifty might also touch all time high before a big correction...