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BankNifty-16/09/2022-Levels
_______________________
Happy Learning and Trading
Rules to fallow...
1) Trade with Strict Stop Loss.
2) Trade with Small Quantity.
3) Take entries based on Support & Resistance Levels.
Please take the trade according to the levels marked, with Risk-Reward.
This is not a Buy or...
Bank nifty opened 41533 gap up today, made an intraday high in the 3rd candle and then fell to the support line at 41312. Most importantly this support line proved to be quite a fight with swings up and down - and final close at 41208.
The opening swing would have taken out most of them by surprise, few of the weak CE writers would have squared off thinking the...
We saw gap up today and good up momentum for first 15-20 minutes.
Sell triggered as soon as market touches all time high till 41200.
41200 is a good support at 15 minutes timeframe.
Seems like flag is forming and breakout can lead to all time high again or new high.
On opposite side a good channel support at 40800 is available in 1 hour timeframe.
I feel like...
Banknifty has touched is ATH but couldn't sustain the level.
Banknifty is still strong as compare to nifty. It has given a red candle but lost only 200 points on day closing.
It is trading above its 20 ema on hourly time frame and taking support around 41200 levels.
On 15 minute time frame, the market has closed below its 20 ema. Banknifty has given a down side...
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Welcome to SriTrader5121
BankNifty-15/09/2022-Levels
Possibility 1:
If market open as a FLAT and moves to UP-SIDE then BUY with the Support of PDH and SELL with the Rejection of PDH.
(or)
If market open as a FLAT and moves to DOWN-Side then BUY with the Support of S@1 and SELL with the Rejection of S@1.
Possibility 2:
If market open as a...
NSE:BANKNIFTY1!
📊 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...
Banknifty after a gap down of 500 points has given a nice up move of around 1200-1300 points.
An intraday rally of 1000+ points has now been a trending market.
The market has given only on red candle on the hourly time frame and that too in the last hour of the day.
There is an engulfing bullish candle on the daily time frame and the markets can give another...
Hello Traders,
Welcome to SriTrader5121
BankNifty-14/09/2022-Levels
Possibility 1:
If market open as a FLAT and moves to UP-SIDE then BUY with the Support of PDH and SELL with the Rejection of PDH.
(or)
If market open as a FLAT and moves to DOWN-Side then BUY with the Support of PDL and SELL with the Rejection of PDL.
Possibility 2:
If market open as a...
NSE:BANKNIFTY1!
📊 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...
Banknifty after 2 days of consolidation has given a gap up above the resistance level of 40700
The market in the second half has given a nice up move.
On the hourly time frame, the market has closed above 40850 level.
The market on the 15 minute time frame has taken a nice support from its 20 ema.
Support :- 40670, 40550-70
Resistance :- 41000, 41290
The...
like and appreciate our ideas ,any query msg me
buy banknifty call @40680 tgt-40880\41000
buy banknifty put @40500 tgt-40380\40000
sl keep atleast 100 points in both call.
SriTrader5121
BankNifty-13/09/2022-Levels
docs.google.com
If Market Opens as A
Then BUY SELL
FLAT UP Support of PDH Rejection of PDH
Down Support of PDL Rejection of PDL
GAP-UP UP Support of PDH Rejection of PDH
Down Support of PDL Rejection of PDL
GAP-DOWN UP ...
Hi Guys,
Today Bank Nifty traded in range(Range marked).
Either side breakout will give good movement in morning(If bank Nifty open flat).
Upside Movement - if BN sustain above - 40700 then good upside movement possible.
Downside movement - If BN sustain below - 40480 then downside movement possible.
Note - Please maintain 70-80 points SL. Keep possible as per...
Banknifty has given another doji on the daily time frame and an inside candle is there.
The market has remained in a 100 point range whole day and consolidation after a nice push is a good thing for next trending market.
On 15 minute time frame, the market has closed below the 20 ema.
Support :- 40570, 40250, 40050
Resistance :- 40660,40850
A nice trending...
Hello Traders,
Welcome to SriTrader5121
#BankNifty-12/09/2022-Levels
-------------------------------------
Happy Learning and Trading
Rules to fallow...
1) Trade with Strict Stop Loss.
2) Trade with Small Quantity.
3) Take entries based on Support & Resistance Levels.
Please take the trade according to the levels marked, with Risk-Reward.
This is...
Banknifty on the weekly time frame has given a nice up move and gained 2.5%.
There is a nice doji candle on the daily time frame.
The market in the second half consolidated and has closed 200 points higher.
On 15 minute time frame, has closed below the 20 ema.
Support :- 40250, 40050
Resistance :- 40570, 40850
Banknifty has closed above 40k on the weekly...
