BANKNIFTY ANALYSIS WITH LOGIC :
1. Considering new levels if price opens on a flat note and breaks recent low we can short sell upto 39610 level by maintaing trailing stoploss.
2. Or it may sustain in between 40175 - 39760 levels creates range boundness.
3. If price forms strong bullish candle above 40225 level. we can take on buy side.
HAVE A SAFE AND PROFITABLE DAY.
Levels:
Support: 41000, 40810, 40640, 40420
Resistance: 41375, 41630
OI Data:
Highest OI Call in Bank Nifty per OI data: 42000
Highest OI Put in Bank Nifty per IO data: 40500
Nearest Major Resistance in Bank Nifty per OI data: 41600
Nearest Major Support in Bank Nifty per IO data: 40900
Trade setup:
1. For any buy trade, follow the N pattern (let the price...
Key Levels For Easy Option Buying & Selling Strategy For Banknifty
Banknifty Important Support Zones
First Support Zone For BankNifty – ( 38803 – 38830 )
Second Support Zone For BankNifty – ( 38645 – 38663 )
Third Support Zone For Bank Nifty – ( 38300 – 38330 )
Fourth...
Bank Nifty Trade setup for 16 JUNE 2022
Expecting a gap up opening in Bank nifty around R1 resistance zones.
In case if it sustains above R1 then we can expect a possible up move towards PDL / Target 1 / Target 2.
Any breakdown of R1 we can possible expect to test CPR & PDC / PDL.
Expecting to be in a range bound today if R1 is compromised early.
Trade Setup for 13-04-2022
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down...
NSE:BANKNIFTY
Observations:
1) On 15min time frame we can see a support channel.
Please refer below chart : 15 min time frame.
2) If we apply FIB retracement on 1 DAY time frame, then we can see 37200 as immediate support level.
Please refer below chart : 1 day time frame.
-------------------------------------
Trade Setup for 07-04-2022...
Hello Traders,
Please trade accordingly the levels marked.
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.
Hello Traders,
Please trade accordingly the levels marked.
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.
Simple Yet Powerful levels & analysis
---------------------------------------------
*If you observe our Yesterday analysis even market Drastically fall We ended this day in Profit & our TGT is achieved before the fall.
*Expecting Normal Expiry tomorrow Between 37700-37350
* If Support level 37350 will Break then chances that the market will take next Support...
Hello Traders,
Following are my analysis:
Resistance Level :
1. Good Resistance Zone at 38200-300
2. Strongest Resistance at 38000.
3. Good Resistance at 38500.
4. Good Resistance at 38200.
Support Level :
1. 37500 is Good Support Level .
2. 37000 is Strong Support Level .
3. 37350 - 500 is Good Support Zone
No Trade Zone: 37700-800
This is not Buy and Sell...
Hello Traders,
Following are my analysis:
Resistance Level :
1. Good Resistance Zone at 37100-200
2. Strongest Resistance at 37000.
3. Good Resistance at 37200.
4. Strong Resistance at 37500.
Support Level :
1. 36200 is Good Support Level .
2. 36000 is the Strong Support Level .
3. 36500 is Strong Support Level .
4. 36600-800 is Good Support Zone
Sideways...
Hello Traders,
Following are my analysis:
Resistance Level :
1. Good Resistance Zone at 37200-300
2. Strongest Resistance at 37000.
3. Good Resistance at 37200.
4. Strong Resistance at 37500.
Support Level :
1. 36200 is Good Support Level .
2. 36000 & 36500 is the Strong Support Level .
3. 36600-700 Good Support Zone
Sideways market:
37000-37300 .. if market...
1. Last 15 minutes Candle break & closed above the Trendline,We can go long if 03:15 min candle High break & Sustain.
2. 36850 is acting as mini Resistance if a candle close above this level and its high break we can go long.
3.If 36850 Resistance level fail to Break then 36500 will be the Support
4. Considering Expiry 37000 will act as Major resistance (Huge...
Hello Traders,
Following are my analysis:
Resistance Level :
1. Good Resistance Zone at 36100-200
2. Strongest Resistance at 36000.
3. Good Resistance at 35800.
4. Increasing Resistance above 36000.
5. Strong Resistance Zone 35700-900
Support Level :
1. 34800 is a Small Support Level .
2. 35200-300 Good Support Zone
3. 35500 is Stronger Support Level .
4. 35000...
Hello Traders,
Following are my analysis:
Resistance Level :
1. Strong Resistance Zone at 36200-400
2. Strong Resistance at 36500
3. Good Resistance at 35800
4. Increasing resistance above 36500
Support Level :
1. 35600-700 is Good Support Zone .
2. 35700 is a small Support Level .
3. 35500 is Stronger Support Level .
No Trade Zone :
35700-800
This is not Buy...
Hello Traders,
Following are my analysis:
Resistance Level :
1. Good Resistance Zone exists at 35100-200
2. Stronger Resistance at 34800
3. Strong Resistance Zone at 34700-800.
4. Strongest Resistance at 35000.
* Increasing resistance above 35000.
Support Level :
1. 34100-300 is Strong Support Zone.
2. 34000 is a Strong Support Level.
3. 34500 is Stronger...
![BANKNIFTY: Simple Trade Setup | BANKNIFTY | 13-04-2022 [INTRADAY]](https://s3.tradingview.com/q/qm294nh6_mid.png "Simple Trade Setup | BANKNIFTY | 13-04-2022 [INTRADAY]")
![BANKNIFTY: Simple Trade Setup | BANKNIFTY | 07-04-2022 [INTRADAY]](https://s3.tradingview.com/k/k60siS4k_mid.png "Simple Trade Setup | BANKNIFTY | 07-04-2022 [INTRADAY]")
