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Bankniftyoption

#Banknifty Intraday Levels For Tuesday 22-3-22NSE: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 stop loss can be below that support line or that reversal candle's low whichever lower, same way if any candle getting resistance from any resistance level and if one can find reversal candle for short over there then one can short below that candle and stop loss can be that resistance line or that reversal candle's high whichever higher. Even one use their own trade setup with these levels. Everyday levels are different and same way the candles which going to be formed on support or resistance can be different, so cant say here perfect numbers to buy or sell or stop loss. Hope one can understand that better to trade with own wisdom in live market, even check future chart as well for better profitable trade. 📝 If anyone facing any issues or not understanding anything than please ask your doubts in comments. Become an independent trader take charge of your own trades Learn . Apply . Grow **whatever charts or levels or ideas we are sharing here or on any other platform are just for educational purpose only, not a recommendation. Please do your own analysis before taking any trade on it. We are not SEBI registered.
NSE:BANKNIFTY
by linesandlevels
ECX statergyone of my favourites when trading banknifty taking eg for a short setup works very well in range bound and index trading..has excellent risk to reward ratio due to selling at top and buying at bottom first step is marking levels..tune to 1hr and mark the most prominent levels which stands out..big gaps, strong big fat bars, the levels with the strongest reactions are the best...marking levels can be very subjective..i mark levels which are not too thin or bat..should be looking nice to eyes step two is let price trade above/ this level..most retailers with go long,and this grabs excellent liquidity... step 3 is to wait for fat bar to close below this level for short for long. if in step 2 there was breakdown towards the downside, you wait for a solid green bar to form at this level..this bar cannot be missed how is this different from normal buy low and sell high? here we dont blindly sell at resistance and buy at support..always wait for confirmation bar that is in step 3..this bar makes everyone take by shock also the strong reaction from a particular level means we have strong demand or supply and we can expect the same big money to help us here also just by letting the the bar to trade above or below the level helps to avoid stop loss trades, and very low odds breakout trades.. please note i never said breakout trade doesnt work,here our aim is to watch the price action after breakout...if it reverses we take a trrade..if not then this setup is never activated and you can play for a different play
NSE:BANKNIFTY
by Shrillex17
Banknifty Intraday Levels Analysis, 4 FebHello Traders, Strategy to follow : 1.Sell on Rise near Resistance Level if market Opens Gap Up/Near Resistance Level . 2.Buy on Dips near Support Level if market Opens Gap Down near . Please take the trade according to the levels marked, with Stop Loss. 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.
NSE:BANKNIFTY
by kiranrshinde
Banknifty Intraday Levels Analysis, 1 FebHello Traders, Strategy to follow : 1.Buy on Dips near Support Level . 2. Let either of the trend line (resistance/support) be broken and then take the trade. 3. Do not carryforward any positions at least this week, trade next weeks expiry. Please take the trade according to the levels marked, with Stop Loss. 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.
NSE:BANKNIFTY
by kiranrshinde