bankniftylong

A trading strategy based on multiple moving avergaes. Shows great results on backtesting. Parameters: Initial Capital : 250,000 Contracts : 40 (Fixed, Equal to Lotsize of NSE BANKNIFTY) Pyramiding : 3 Slippage : 20 ticks (1 Rupee) Commission : 0.015% 64% Trades are profitable...

Levels mentioned on chart. additional data as of today: 26000 Put has been reduction in open interest whereas as slight OTM calls has seen increase in OI. Future OI is also decreasing signaling short unwinding. Any gradual increase towards 26600 could trigger short covering and take Bank Nifty to 27000 levels.

Buy BANKNIFTY above 25910 T1: 26200 T2: 26350 T3: 26500 SL: 25740

Buy BANKNIFTY above 25780 T1: 25900 T2: 26000 T3: 26150 SL: 25690

i would like to go long in kotak for a good upside target!

https://in.tradingview.com/x/DDDVQsC1/

Possibilities are there to move upside once it trigger the entry level/Resistance level. Levels are mentioned on chart.

Banknifty break from consolidation could happen in a day or two. A break could lead bank nifty to 26000+ levels in the new up-leg https://in.tradingview.com/x/bQYbnTCO/

Banknifty is in a crucial territory between a trend line and a channel bottom. We will go for buying above 24500 or short below 24150. Until our trade is triggered we will wait and watch Targets and SL will be updated once trade is triggered. Keep watching this space for more info.

Bank Nifty chart also seems like Nifty chart. So, expecting the movement will be on same direction. Don't enter into trade without having any breakout because the trend is neutral. Note: Trend - Neutral Long - above 24400 Short - below 24050

We will see BANKNIFTY above 26200 at the end of this year! So, take your seats, the flight is getting ready to take off after refueling!

Bank nifty forms cup and handle pattern in the 15 mins chart, and gives a breakout.

Target 25000 Stoploss 19000

Bank nifty bullish as per weekly chart details mentioned in chart tgt=23500 SL=19000 time frame=medium

BankNifty is moving in the down sloping channel. RSI is coming out of Oversold area so it may try to touch the other side of it or at least the touch on trend line is possible. One can enter long at this level.

bank nifty may be formed reversal pattern on quarterly char if it give close below 18000 on 31 December. then who will save this bank nifty enjoy this trade

Descending triangle in Bank Nifty with price range of 1150 points in 22 session, once breaks above resistance line @ 18550 and sustains then may see 1100-1200 point move in 25-30 session.

This is delayed post, went to place few orders, Sorry Guys ! Could have abandoned this post but as it got insync with My prev.post of BankNifty, I wanted to share that all methods work well in markets if used properly. In last BankNifty post 10days before we have seen elliott waves and wave 5 pointing upwards. I initiated long from that time with stops below ...