NiftyBank Futures Key Trading Levels for 5th April 2023NiftyBank Futures Key Trading Levels for 5th April 2023
Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my view.
Please consult your Financial Advisor before making any trading decision.
Bankniftyoptionbuying
NiftyBank Futures Key Trading Levels for 3rd April 2023NiftyBank Futures Key Trading Levels for 3rd April 2023
Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my view.
Please consult your Financial Advisor before making any trading decision.
FASP levels for Bank Nifty 03/04/2023The FASP for BankNifty is listed for 03-04-2023. 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.
NiftyBank Key Trading Levels for 3rd April to 7th April 2023NiftyBank Key Trading Levels for 3rd April to 7th April 2023
Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my view.
Please consult your Financial Advisor before making any trading decision.
NiftyBank Futures Weekly Trading Levels for 27th March to 31st
NiftyBank Futures Weekly Trading Levels for 27th March to 31st
Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my view.
Please consult your Financial Advisor before making any trading decision.
NiftyBank Futures Key Trading Levels for 31st March 2023NiftyBank Futures Key Trading Levels for 31st March 2023
Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my view.
Please consult your Financial Advisor before making any trading decision.
NiftyBank Futures Key Trading Levels for 29th March 2023NiftyBank Futures Key Trading Levels for 29th March 2023
Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my view.
Please consult your Financial Advisor before making any trading decision.
PostMortem on BankNifty Today & Analysis of 28 Mar 2023March series is coming to a close tomorrow, but the options premium is already dead.
Only few strikes near the money has some more premiums to shed, all the other OTMs are well below the average rates to what we usually see on the penultimate day of expiry.
It also translates into very little movement expected tomorrow. Well today was an inside day - we did not even swing as much as yesterday. Yesterday was another range bound day too. So consecutive range bound days has taken the air off the PE & CE options.
NSE:BANKNIFTY opened at 39545 gap up to yesterday's close but almost half-way to the last hour swing of yesterday. And then we started trading with no special emotion today.
We were stuck in a range of 39340 to 39560 till 15.20. There was one candle at 15.25 that just broke out of this range - but again not something that important too.
One of the reason of a flattish trade would be attributed to the NSE:CNXFINANCE expiry which is generating a lot of volumes now. The stock manipulations required to keep the Finnifty index range bound is active.
The only reason i haven't pursued trading on NSE:CNXFINANCE despite its similarity with banknifty was because of the HDFC-HDFCBK merger event. HDFC is the main contributor to Finnifty's weight outside of the 5 main bank thats supporting banknifty.
After the merger, both the index will have 85 to 90% correlation, the only difference being the scale to which its set to.
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Tomorrow's expiry may only become interesting if we have any news event in US or Europe markets today. Otherwise we are quite starting at a boring range bound trade tomorrow.
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The range bound trade continues in the 15mts TF. At present we do not have a directional bias until one of the support or resistance gets broken.
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1hr TF has not lost its bearish bias yet, according to me the next leg of lower low is in the making and probably its taking some time.
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On NSE:BANKNIFTY minds i made 2 posts today
"$BANKNIFTY need some triggers or news flow to break the range trade at present non-directional trade seems like working" at 10.10
and
"$BANKNIFTY option premiums are all dead ! not even a fake move today to fire up the premiums Finnifty is making an impact over last 4 expiries" at 13.59
NiftyBank Futures Key Trading Levels for 28th March 2023NiftyBank Futures Key Trading Levels for 28th March 2023
Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my view.
Please consult your Financial Advisor before making any trading decision.
FASP levels for Bank Nifty 26/02/2023The FASP for BankNifty is listed for 26-03-2023. 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.
NiftyBank Futures Key Trading Levels for 27th March 2023NiftyBank Futures Key Trading Levels for 27th March 2023
Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my view.
Please consult your Financial Advisor before making any trading decision.
Nifty Bank Futures Key Trading Levels for 24th March 2023Nifty Bank Futures Key Trading Levels for 24th March 2023
Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my view.
Please consult your Financial Advisor before making any trading decision.
NiftyBank Futures Key Trading Levels for 23rd March 2023 Expiry NiftyBank Futures Key Trading Levels for 23rd March 2023 Expiry
Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my view.
Please consult your Financial Advisor before making any trading decision.
Nifty Bank Futures Key Trading Levels for 22nd March 2023NiftyBank Futures Key Trading Levels for 22nd March 2023
Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my view.
Please consult your Financial Advisor before making any trading decision.
NiftyBank Futures Key Trading Levels for 21st March 2023NiftyBank Futures Key Trading Levels for 21st March 2023
Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my view.
Please consult your Financial Advisor before making any trading decision.
Nifty Bank Futures Key Trading Levels for 20th March 2023Nifty Bank Futures Key Trading Levels for 20th March 2023
Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my view.
Please consult your Financial Advisor before making any trading decision.
NiftyBank Weekly Key Trading Levels for 20th march to 24th MarchNiftyBank Weekly Key Trading Levels for 20th march to 24th March 2023
Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my view.
Please consult your Financial Advisor before making any trading decision.
NiftyBank Futures Key Trading Levels for 17th March 2023NiftyBank Futures Key Trading Levels for 17th March 2023
Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my view.
Please consult your Financial Advisor before making any trading decision.
NiftyBank Futures Key Trading Levels for 16th March 2023_Expiry NiftyBank Futures Key Trading Levels for 16th March 2023_Expiry Tradesetup
Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my view.
Please consult your Financial Advisor before making any trading decision.
NiftyBank Futures Key Trading Levels for 15th March 2023NiftyBank Futures Key Trading Levels for 15th March 2023
Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my view.
Please consult your Financial Advisor before making any trading decision.
NiftyBank Futures Key Trading Levels for 8th March 2023
NiftyBank Futures Key Trading Levels for 8th March 2023
Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my view.
Please consult your Financial Advisor before making any trading decision.
NiftyBank Futures Key Trading Levels for 6th March 2023NiftyBank Futures Key Trading Levels for 6th March 2023
Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my view.
Please consult your Financial Advisor before making any trading decision.
NiftyBank Futures Key Trading Levels for 03rd March 2023NiftyBank Futures Key Trading Levels for 03rd March 2023
Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my view.
Please consult your Financial Advisor before making any trading decision.