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Bankniftyoptions

#October13 directions and levels for Banknifty"Good morning, friends! As of October 13th, global market sentiment is negative, as indicated by the Dow Jones. However, our market trend is moderately bullish. It may open with a significant gap down. After that, if it is rejected around the immediate support zone, we can expect a ranging market. On the other hand, if it breaks the immediate support zone, then the correction is likely to continue. If there are any changes, I will inform you during the mid-market update."
NSE:BANKNIFTY
by Manickamtraders
Banknifty daily analysis for 12/10/23.Banknifty today tested 44700 level after a gap up opening and came down lossing the gain and closing only 156 points higher. It took a good support around 44500 levels and closed just around the levels. Again, there a doji formation on the higher levels and it is unable to close above 20 ema on the daily charts. On the hourly charts, after a first hour volatile movement it remained in a 100 points range, closing between both the moving averages. A minor resistance is there around 44550 level and it is taking support from the 20 ema. Support :- 44450, 44340 Resistance :- 44740, 44970 Today's weekly expiry remained silent and the markets remained volatile. Wait for the price action near the levels before entering the market.
NSE:BANKNIFTY
by TheMamboMomentum
Banknifty Expiry Trade Setup for 11-10-2023BankNifty important levels to watch are as follows #Support: 44330 Sell below: 44330 only on 15 minute candle closure below the level. Target 1: 44200 Target 2: 44020 Target 3: 43840 #Resistance: 44490 Buy Above: 44490 only on 15 minute candle closure Above the level. Target 1: 44620 Target 2: 44760 Target 3: 44890 => # Remember each level will act as a support and resistance individually so there is a probability of reversal and a pullback on either side so its better to make an habit to book profits at each targets and re-enter again after a breakout from the same with a proper stoploss as per your own risk appetite. => # Please do your own research before initiating any trade. Always use stoploss in order to protect your capital. => #If you are Unable to trade properly and dissatisfied with your manual trading results due to psychological disadvantages or busy schedule or "Fear & Greed" emotions, then Algorithmic trading can be the most useful solution to overcome such problems. Kindly follow us and join us using details mentioned below the idea. => # Please refer our swing based support and resistance indicator if you find it useful give it a like. => # Follow us for more such information and educational ideas and Indicators. Give it a like if you appreciate the idea. Queries will be answered in comment section. #Disclaimer: This is just a view and published here only for educational purpose, this should not be considered as a buy or sell signal. Trading in stock market may involve financial risk therefore, do your own research before taking any position.
NSE:BANKNIFTY
by InvestyourAsset
Banknifty daily analysis for 10/10/23.Banknifty has closed more than 1% lower on the daily charts but it took support around the major support levls of 43800. The market remained in a first hour candle and has closed below both the moving averages on the hourly chart. There are chance of a trending market as there is weekly expiry of another finance index. For last 2 weeks there were no trend expiry of the 2 finance indices. So there is much possibility of market giving a trend move. On 15 minutes charts, it has closed below both the moving averages. 20 ema is providing market a resistance and it has been retested. The RSI indicator is showing a bullish divergence. The Indian market are strong but due to the global news there was a gap down opening. Support :- 43840, 43740, 43480 Resistance :- 44120, 44250 Wait for the price action near the levels before entering the market.
NSE:BANKNIFTY
by TheMamboMomentum
Banknifty Trade setup for 10-10-2023BankNifty important levels to watch are as follows #Support: 43830 Sell below: 43830 only on 15 minute candle closure below the level. Target 1: 43680 Target 2: 43500 #Resistance: 43960 Buy Above: 43960 only on 15 minute candle closure Above the level. Target 1: 44200 Target 2: 44450 => # Remember each level will act as a support and resistance individually so there is a probability of reversal and a pullback on either side so its better to make an habit to book profits at each targets and re-enter again after a breakout from the same with a proper stoploss as per your own risk appetite. => # Please do your own research before initiating any trade. Always use stoploss in order to protect your capital. => #If you are Unable to trade properly and dissatisfied with your manual trading results due to psychological disadvantages or busy schedule or "Fear & Greed" emotions, then Algorithmic trading can be the most useful solution to overcome such problems. Kindly follow us and join us using details mentioned below the idea. => # Please refer our swing based support and resistance indicator if you find it useful give it a like. => # Follow us for more such information and educational ideas and Indicators. Give it a like if you appreciate the idea. Queries will be answered in comment section. #Disclaimer: This is just a view and published here only for educational purpose, this should not be considered as a buy or sell signal. Trading in stock market may involve financial risk therefore, do your own research before taking any position.
NSE:BANKNIFTY
by InvestyourAsset
#October10 directions and levels for Banknifty"Good morning, friends! As of October 10, global market sentiment is slightly positive, as indicated by the Dow Jones. However, our market trend moderately bearish. It may open with a gap-up. Afterward, if it rejects the immediate resistance levels, then we can expect a correction to continue with minor pullbacks. On the other hand, if it breaks the resistance with a solid structure, we can anticipate a continuation of the pullback."
NSE:BANKNIFTY
by Manickamtraders
6
Banknifty weekly analysis for 09/10/23.Banknifty has been taking support from the 20 ema on the weekly charts and has closed above the level this week too. It is respecting the crucial levels and has closed 223 point lower on the weekly charts. There were gap up and gap down this week and didn't gave any intraday opportunity for an option buyers. The market has closed between both the moving averages, on the daily charts. In the last trading session, banknifty opened 110 points higher and traded in a range of just 250 points whole day. It closed only 147 points higher just decaying the option premiums. The market has been forming a similar pattern on the daily charts and this week can be different. The gift nifty is showing a 113 point gain on the daily close and if it remain same in the morning, Indian market too can show another gap up opening. On the hourly charts, it took support from the 20 ema and has closed between both the moving averages. Market has created support and resistance at a close range and trades should only be initiated once the market crosses the high or low of the previous day. Support :- 44270, 44120, 44020 Resistance :- 44450, 44720, 44975 Banknifty has been respecting a trend line on the hourly charts and its break out can show some bullish move in the market. The markets are still confused in deciding the trend It has been tradin in a 1000 points range for last 15 days or 10 trading session which is unusual for Banknifty. There are high chances of a trending move in the market. Bullish or bearish trades should be trailed if the market start trading above 44700 or below 43700 levels respectively. Wait for the price action near the levels before etnering the market.
NSE:BANKNIFTY
by TheMamboMomentum
Banknifty TradeSetup for 06-10-2023BankNifty important levels to watch are as follows #Support: 44180 Sell below: 44180 only on 15 minute candle closure below the level. Target 1: 44050 Target 2: 43850 #Resistance: 44390 Buy Above: 44390 only on 15 minute candle closure Above the level. Target 1: 44525 Target 2: 44740 => # Remember each level will act as a support and resistance individually so there is a probability of reversal and a pullback on either side so its better to make an habit to book profits at each targets and re-enter again after a breakout from the same with a proper stoploss as per your own risk appetite. => # Please do your own research before initiating any trade. Always use stoploss in order to protect your capital. => #If you are Unable to trade properly and dissatisfied with your manual trading results due to psychological disadvantages or busy schedule or "Fear & Greed" emotions, then Algorithmic trading can be the most useful solution to overcome such problems. Kindly follow us and join us using details mentioned below the idea. => # Please refer our swing based support and resistance indicator if you find it useful give it a like. => # Follow us for more such information and educational ideas and Indicators. Give it a like if you appreciate the idea. Queries will be answered in comment section. #Disclaimer: This is just a view and published here only for educational purpose, this should not be considered as a buy or sell signal. Trading in stock market may involve financial risk therefore, do your own research before taking any position.
NSE:BANKNIFTY
by InvestyourAsset
J&K Bank On Neck BO on Daily ChartAn on Neck BO hsa been confirmed on the daily chart of NSE:J_KBANK One can create a fresh position in the scrip near cmp of Rs. 92.85 or below with stop loss of Rs. 84 for the traget of Rs. 101/109 Exit the position if the stop loss is triggered on DCB. If you agree with the idea then hit the airplane icon and don't forget to follow me to get all the latest updates. Post your comments and queries. Disclaimer: Content shared is for information and education purposes only and should not be treated as investment or trading advice. Please do your own analysis or take independent professional financial advice before making any investments based on your own personal circumstances. Investment in securities are subject to market risks, please carry out your due diligence before investing. And last but not the least, past performance is not indicative of future returns.
NSE:J&KBANKLong
by raigvivek
Banknifty daily analysis for 06/10/23.Banknifty is trading below the moving average and has formed a doji candle on the daily charts. After an initial gap up the market consolidated in a range and was range bound causing serious decay in the option premiums. Even the markets consolidated on the weekly expiries and there are now high chances of a trend move in the market. On the hourly charts, market today traded between both the moving averages took support from 20 ema . Support :- 44030, 43890 Resistance :- 44340, 44730 Major levels for trend move are above 44800 and below 43730. Banknifty has been trading between these levels and is creating enough volatility for option buyers. Wait for the price action near the levels before entering the market.
NSE:BANKNIFTY
by TheMamboMomentum
Banknifty Trade Setup for 03-10-2023BankNifty important levels to watch are as follows #Support: 44535 Sell below: 44535 only on 15 minute candle closure below the level. Target 1: 44350 Target 2: 44215 Target 3: 44100 #Resistance: 44740 Buy Above: 44740 only on 15 minute candle closure Above the level. Target 1: 44860 Target 2: 45050 Target 3: 45200 => # Remember each level will act as a support and resistance individually so there is a probability of reversal and a pullback on either side so its better to make an habit to book profits at each targets and re-enter again after a breakout from the same with a proper stoploss as per your own risk appetite. => # Please do your own research before initiating any trade. Always use stoploss in order to protect your capital. => #If you are Unable to trade properly and dissatisfied with your manual trading results due to psychological disadvantages or busy schedule or "Fear & Greed" emotions, then Algorithmic trading can be the most useful solution to overcome such problems. Kindly follow us and join us using details mentioned below the idea. => # Please refer our swing based support and resistance indicator if you find it useful give it a like. => # Follow us for more such information and educational ideas and Indicators. Give it a like if you appreciate the idea. Queries will be answered in comment section. # Disclaimer : This is just a view and published here only for educational purpose, this should not be considered as a buy or sell signal. Trading in stock market may involve financial risk therefore, do your own research before taking any position.
NSE:BANKNIFTY
by InvestyourAsset
BANK NIFTY - Target - Levels - 22.09.23Bank Nifty Spot : 44610.2 Watch Option Strike : 45000 CE & 45000 PE Watch Option Strike : 45200 CE & 45200 PE I Am Not Sebi Registered Analysis, This Is Education Purpose Only. Dear Followers.. Trend Is Our Friend.. 1. Draw The Lines In Your Trading View.. Then Only You Understand My Statistical Startegy. 2. Kindly Watch My Break Even Point. Every Day. 3. Above The Break Even Point.. Resistance Break.. UPTREND Starts.. Buy CE.. 4. Below The Break Even Point.. Support Break.. DOWNTREND Starts.. Buy PE.. 5. After Retracement.... Stop Loss is Above Or Below Break Even Point 6. Stop Loss Is Must.. Don"t Enter Blindly. 1. We Focus On Our Daily Analysis.. 2. Combination Theory Of Delta, Gamma & Thetta,. 3. Selection Of OI Analysis & Prediction Of Entry, StopLoss, & Targets, 4. We See 4 Types Of Fibinacci Retracement Levels (1.High To Low Fib Level, 2.Low To High Fib Level, 3.Long Fib Level & 4. Short Fib Level), 5. Techninal View On Break Even Point. 6. Wait For Support Breaking or Resistance Breaking.. That Time Watch The Market Carefully. 7. Market Moves in UpTrend or DownTrend. 8. Kindly Watch Both The Nifty Target Levels & Bank Nifty Target Levels in your Trading View. Its Most Important For Daily Tradings…. Kindly Follow My Channel & Like Your Support in My Idea. BY : newsbharathi27040.
NSE:BANKNIFTY
by market1tomorrow
6
Banknifty TradeSetup for 29-09-2023BankNifty important levels to watch are as follows #Support: 44345 Sell below: 44345 only on 15 minute candle closure below the level. Target 1: 44275 Target 2: 44160 Target 3: 44960 #Resistance: 44465 Buy Above: 44465 only on 15 minute candle closure Above the level. Target 1: 44540 Target 2: 44660 Target 3: 44850 #Remember each level will act as a support and resistance individually so there is a probability of reversal on either side. Please do your own research before initiating any trade. Always keep stoploss in order to protect your capital. Follow us for more such information and educational ideas. Give it a like if you appreciate the idea. Queries will be answered in comment section. #If you are Unable to trade properly and dissatisfied with your manual trading results due to busy schedule or "Fear & Greed" emotions Algorithmic trading can be the most useful solution kindly follow us and join us using details mentioned below the idea. #Disclaimer: This is just a view and published here only for educational purpose, this should not be considered as a buy or sell signal. Trading in stock market may involve financial risk therefore, do your own research before taking any position.
NSE:BANKNIFTY
by InvestyourAsset
Bank Nifty Technical Analysis For Tomorrow Bank Nifty Technical Analysis for October 03, 2023 Market Trend: Bullish Support Levels: 44600, 44465, 44200 Resistance Levels: 44900, 45000 Key Highlights: Bank Nifty is in a bullish trend and has been making higher highs and higher lows. The market is likely to go upside on Tuesday, October 02, 2023, as indicated by the following: Options Data: Previous day CE writers exited from the market, which is a bullish signal. Price Action: If the market opens gap-up and tests the previous day's low, then we can go long on the upside. Trading Strategy: Go Long: If the market opens gap-up and tests the previous day's low, then we can go long on the upside. Stop Loss: Place a stop loss below the previous day's low. Target: Target a profit of 1-2% on your trade. Example: Entry: Buy Bank Nifty at 44600 Stop Loss: 44500 Target: 44800 Risk Management: It is important to practice risk management when trading. Never risk more than 1-2% of your capital on any single trade. Disclaimer: This is just a sample trading strategy. There is no guarantee that it will be successful. Please do your own research before trading. Please note that this is just a sample analysis and trading strategy. It is important to do your own research and consult with a financial advisor before making any trading decisions.
NSE:BANKNIFTYLong
by santubittu
Banknifty weekly analysis for 03/10/23.Banknifty on the monthly chart has formed a gravestone doji and formed a double top pattern on the weekly charts. Index has reversed from the ATH high is yet to created a new all time high as the other index has formed. The market has formed a doji candle on the weekly charts after a 3.5% fall in the previous week. Market is consolidating in a similar range and has been trading in between both the moving averages on the daily charts. A trending week or month is possible as per the technical analysis and intraday trades can be carried forward if the chart pattern or break out/down suggest. On the hourly charts, banknifty has closed between both the moving averages. 44250-44700 is a no trading zone for this week as market is holding these levels. A break out/down after a consolidation phase is powerful. Watch for a opportunity and trade accordingly. Support :- 44250, 43900 Resistance :- 44730, 44970 Wait for the price action near the levels before entering the market.
NSE:BANKNIFTY
by TheMamboMomentum
29th Sep ’23 - W pattern on 1hr TF - PostMortem on BankNiftyBankNifty Analysis The main reason Nifty50 moved up instead of falling was BankNifty. The opening was strong and gain BN held its ground. Today’s low much higher than yesterday’s close. From that level we rallied 408pts ~ 0.92% to hit a high of 44756. Unlike N50, BN retested yesterday’s high and then reversed from there. My report yesterday was on the bearish side - but today’s price action is advising me to go neutral. The intraday move on NiftyIT should not go unnoticed - we climbed an impressive 1.59% ~ 501pts. Meanwhile RELIANCE also started contributing heavily between the 10.45 to 13.30 period. Overall it was a strong rally but was cut short at 14.30 On the 1hr TF BankNifty has made a W pattern which is seriously challenging the bear run. For the next working day i.e Tuesday I wish to go with a neutral stance and then modify to bullish if we take out the 44860 in the morning session.
NSE:BANKNIFTY
by viswaram
Banknifty Tradesetup For 28-09-2023BankNifty important levels to watch are as follows #Support: 44620 Sell below: 44620 only on 15 minute candle closure below the level. Target 1: 44550 Target 2: 44430 Target 3: 44320 #Resistance: 44735 Buy Above: 44735 only on 15 minute candle closure Above the level. Target 1: 44800 Target 2: 44925 Target 3: 45000 #Remember each level will act as a support and resistance individually so there is a probability of reversal on either side. Please do your own research before initiating any trade. Always keep stoploss in order to protect your capital. Follow us for more such information and educational ideas. Give it a like if you appreciate the idea. Queries will be answered in comment section. #If you are Unable to trade properly and dissatisfied with your manual trading results due to busy schedule or "Fear & Greed" emotions Algorithmic trading can be the most useful solution kindly follow us and join us using details mentioned below the idea. #Disclaimer: This is just a view and published here only for educational purpose, this should not be considered as a buy or sell signal. Trading in stock market may involve financial risk therefore, do your own research before taking any position.
NSE:BANKNIFTY
by InvestyourAsset
banknifty sell As today market trapped sellers & and ended at previous day close So, there's no lquidity as sellers got out before market can take there money As market ends in a consolidation means there's not enogh money to go up or down Best probabily is market will open high tomorrow to trap buyers and gain their lequidity to come down and then take major seller money to start the bull market But market does't have much time to do above thing So, a bear market where market will take majority of sellers lquidity sounds probeble If anyone need nifty50 psychological analysis (price in the chart look on your own) comment below
NSE:BANKNIFTYShort
by samantamonojit98
Technical Analysis For Banknifty**Date:** September 28, 2023 **Key Levels:** * Resistance: 44962 * Support: 44465, 44200, 44000 Asper OI: Support: Not Good Strong Support Levels Resistance is: 45000 Big Then 44700/44800 **Analysis:** * The market is currently in an uptrend, but it is facing resistance at the 44962 level. * If the market is able to break above 44962, then a good bullish trend can be confirmed. * The first support level is at 44465. If the market breaks below this level, then a fall is possible. * The second support level is at 44200. If the market breaks below this level, then a further fall is possible. * The third support level is at 44000. If the market breaks below this level, then a significant fall is possible. **Trading Strategy:** * If the market opens gap-up above 44600, then traders should wait for a pullback to one of the support levels before entering a long trade. * If the market opens gap-down, then traders should wait for a confirmation of the downtrend before entering a short trade. * Traders should always use stop-loss orders to protect their capital. **Example:** A trader is bullish on the market and wants to enter a long trade. The trader waits for the market to pull back to the 44465 level. The trader then enters a long trade with a stop-loss order below 44400. If the market is able to break above 44962, then the trader will make a profit. If the market falls below 44400, then the trader will exit the trade with a small loss. **Proper Technical Analysis:** * The technical analysis above is based on the following key points: * The market is currently in an uptrend, as evidenced by the rising trendline. * The market is facing resistance at the 44962 level. * The market has three key support levels at 44465, 44200, and 44000. * The trading strategy above is based on the following key points: * Traders should wait for a confirmation of the trend before entering a trade. * Traders should always use stop-loss orders to protect their capital. It is important to note that this is just a sample technical analysis and trading strategy. Traders should always do their own research before making any trading decisions.
NSE:BANKNIFTYLong
by santubittu
Banknifty daily analysis for 26/09/23.A doji is formed on the daily charts and now there is a confusion in the market where it will go after testing the recent high. Banknifty has closed gaining 150 points but nifty remained silent and closed flat. On the hourly charts, there is a moving averages cross over and it taking resistance from the levels. There was a both side movement today and has consolidated in the second half of the session. Support :- 44600, 44420 Resistance :- 44890, 45110 Wait for the price action near the levels before entering the market.
NSE:BANKNIFTY
by TheMamboMomentum
1
26 Sep ’23 Post Mortem on BankNifty - Bearish stance continues.BankNifty Analysis Yesterday I had a bearish call for banknifty, recap: “My first target of 44451 was hit — but it was not enough to build up momentum. As long as BN stays below 45399 I wish to maintain the bearish call. This is in spite of the day ending with a gain of 154pts.” If you look at the 5mts chart pattern, its hard to notice the bearishness, but if you switch to a higher time frame - it will get more obvious. The only limitation being the lower low is still not taken out. The move yesterday has not taken out the last lower high. I wish to continue the bearish sentiment as long as the lower high is not taken out on the 1hr TF. Totally accept the fact that this down move has not been an inspiration for the bears yet - but my advice to them would be to wait till 44068 is broken.
NSE:BANKNIFTYShort
by viswaram
25 Sep ’23 Post Mortem on BankNifty - bear below 45399BankNifty Analysis The real reason Nifty50 went sharply up from 11.00 to 13.30 was due to banknifty. In the same period BN added 534pts ~ 1.20%. The spikes in most banks did not have a natural rhythm to it. Most likely this may be due to some news event. I was not able to find any relevant trigger post market hours also. The chart patterns were similar on ICICI, AXIS and SBIN whereas HDFCBK went in the opposite direction. KOTAK was immensely strong today. If you look at the 1hr chart it still shows weakness - the hourly candle at 13.15 is a strong evidence for that. Even though we had 2 good green candles prior to that - the bears managed to drive down the price @ 13.15. 14.15 the bulls managed to drive the prices back up, but did not get full strength. My first target of 44451 was hit - but it was not enough to build up momentum. As long as BN stays below 45399 I wish to maintain the bearish call. This is in spite of the day ending with a gain of 154pts. I would prefer to change my status to neutral only if we have a range bound trade tomorrow also.
NSE:BANKNIFTYShort
by viswaram
BankNifty Trade Setup for 25-09-2023BankNifty important levels to watch are as follows #Support: 44550 Sell below: 44550 only on 15 minute candle closure below the level. Target 1: 44400 Target 2: 44200 #Resistance: 44675 Buy Above: 44675 only on 15 minute candle closure Above the level. Target 1: 44800 Target 2: 44950 #Remember each level will act as a support and resistance individually so there is a probability of reversal on either side. Please do your own research before initiating any trade. Always keep stoploss in order to protect your capital. Follow us for more such information and educational ideas. Give it a like if you appreciate the idea. Queries will be answered in comment section. #If you are Unable to trade properly and dissatisfied with your manual trading results due to busy schedule or "Fear & Greed" emotions Algorithmic trading can be the most useful solution kindly follow us and join us using details mentioned below the idea. #Disclaimer: This is just a view and published here only for educational purpose, this should not be considered as a buy or sell signal. Trading in stock market may involve financial risk therefore, do your own research before taking any position.
NSE:BANKNIFTY
by InvestyourAsset