Banknifty Intraday Prediction Levels for 3 Nov 2023Banknifty Intraday Prediction Levels for 3 Nov 2023
The chart indicates 15 min time frame. These Levels act as Support and Resistance according to position of price . They are strictly for Intraday Trading only. Execution only after break and close above the Resistance zone/Line or below the Support zone/Line.
Major Resistances- 43220,43310,43365,43500,43620,43700,43750,43910,44000,…
Major Supports- 42890,42775,42680,42630,42480,42380,42250,42085,41980,41850,…
These levels act as support and resistance. You have to trade according to level breakout or breakdown. First target is immediate next level. When first target is achieved go for the next one and so on.
If You are a new trader then just watch ( No Trade) these levels for some days.
Happy trading.
Disclaimer:
I am not a SEBI Registered Analyst. Anything posted here is my own analysis and views. This is created for educational purposes only. Always consult your Financial Advisor before taking any decision or trade.
Bankniftyprediction
BANKNIFTY Intraday Trade Setup For 03 Nov 2023BANKNIFTY Intraday Trade Setup For 03 Nov 2023
Bullish-Above 43280
Invalid-Below 43170
T- 43565 43830
Bearish-Below 42790
Invalid-Above 42900
T- 42530 42267
BANKNIFTY has closed on a bullish note with 0.74% gain today. However this gain is totally contributed by gap up opening. 10 o'clock range was to be used as per trade setup. 10 o'clock range broke downside below 42986 and made a low of 42797 however the breakout candle was too big. We have already discussed that probability of a halt candle this week is high. 43105 is a confluence zone and 43280 and 42790 are breakout levels for a direction move.
Coming to Friday's trade setup, if index opens flat and a 15 Min candle closes above 43280 then we will long for the target of 43565 and 43831.
For selling we need a 15 Min candle close below 42790. T- 42530 and 42267.
In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range (5MIN). Trade on this range breakout.
==========
I am Not SEBI Registered
This is my personal analysis for my personal trading. Kindly consult your financial advisor before taking any actions based on this.
BANK NIFTY FUT | 02 NOV 23AS WE CAN SEE THAT BANKNIFTY IS COMPLETELY RANGE BOUND TODAY,
REMEMBER ONE SHOULD FOLLOW THE TREND BUT SHOULDN'T GET BIAS WITH THE DIRECTION.
ADDING MY ANALYSIS LEVELS FOR 2 NOV,23 BELOW FOR NIFTY FUTURES:
LONG PLAN >>>>> 🐂
- 43044 (I WILL WAIT FOR THE 5 MIN CANDLE TO CLOSE ABOVE THIS LEVEL)
- R1: 43144
- R2: 43244
- R3: 43366
SHORT PLAN >>>>> 🐻
- 42855 (I WILL WAIT FOR THE 5 MIN CANDLE TO CLOSE BELOW THIS LEVEL)
- S1: 42733
- S2: 42633
- S3: 42511
PLEASE FOLLOW FOR MORE REGULAR UPDATES.
QUOTE FOR THE DAY :
“The market is a device for transferring money from the impatient to the patient”
– Warren Buffett
📌📌📌📌📌
Disclaimer -
I am not SEBI Registered Research Analyst or Investment Advisor.
All Information provided above are just for Education purpose only .
They are not buy/Sell Recommendations .
Please consult your financial Advisor before taking any trade or investments.
BANKNIFTY Intraday Trade Setup For 02 Nov 2023BANKNIFTY Intraday Trade Setup For 02 Nov 2023
Bullish-Above 42820
Invalid-Below 42710
T- 43135 43410
Bearish-Below 42580
Invalid-Above 42690
T- 42267 42050
BANKNIFTY has closed on a slight bearish note with 0.34% cut once again. It opened with a slight cut and sell triggered below 42790. It could not hit our sell target and made a low of 42590 and closed at 42700. It has formed a range of 42820 and 42580. Breakout of this range will lead a direction move as it has formed a neutral candle in daily TF. 43135 and 42267 are important resistance and support for tomorrow's session.
Coming to Thursday's trade setup, if index opens flat and a 15 Min candle closes above 42820 then we will long for the target of 43135 and 43410.
For selling we need a 15 Min candle close below 42580. T- 42267 and 42050.
In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range (5MIN). Trade on this range breakout.
Banknifty analysis for 2nd November 2023 for educational purposeBanknifty analysis for 2nd November 2023 for educational purpose
This video is for educational purpose and my personal view . We are NOT SEBI registered Advisor, we only give the level on our practical trading experience. Kindly take the trade according to your risk and reward position and consulting your advisor. It is advisable to take the advice of SEBI registered advisor.
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Banknifty daily analysis for 31/10/23.Banknifty has tested 38.2% fib level but is still closed below the fibonacci level.
It has given a bullish engulfing candle after testing the low of 42400 it has given close above 43k level. Chance are of testing the 200 ema on the daily front.
On the hourly charts, the market has closed between both the moving averages and is around the resistance level of 43100.
If the market start moving upwards the targets will be the retest of 50 and 61.8 fib level. Market will form a "W" pattern before moving upward or it will give another bearish leg retesting the levels.
Support :- 42800, 42400
Resistance :- 43100, 43370
Wait for the price action near the level before entering the market.
BANKNIFTY Intraday Trade Setup For 01 Nov 2023BANKNIFTY Intraday Trade Setup For 01 Nov 2023
Bullish-Above 43130
Invalid-Below 43020
T- 43410 43760
Bearish-Below 42790
Invalid-Above 42900
T- 42538 42280
BANKNIFTY has closed on a bearish note with 0.45% cut today. It was 0.382/0.5 rejection day of the parabolic fall from 44600. Today's high near 43400 will be an important hourly swing high for a reversal structure. Tomorrow 43130 will be important level to decide the bullish momentum. Below 42790 we can expect some bearish momentum. 43410 will be an important resistance zone and 42200 zone will be support zone.
Coming to Wednesday's trade setup, if index opens flat and a 15 Min candle closes above 43130 then we will long for the target of 43410 and 43760.
For selling we need a 15 Min candle close below 42790. T- 42538 and 42280-300.
In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range (5MIN). Trade on this range breakout.
BANK NIFTY FUT | 31 OCT 23AS WE CAN SEE THAT BANKNIFTY HAS TAKEN GOOD SUPPORT FROM CHANNEL BOTTOM i.e 42088,
REMEMBER ONE SHOULD FOLLOW THE TREND BUT SHOULDN'T GET BIAS WITH THE DIRECTION.
ADDING MY ANALYSIS LEVELS FOR 31 OCT,23 BELOW FOR NIFTY FUTURES:
LONG PLAN >>>>> 🐂
- 43488 (I WILL WAIT FOR THE 5 MIN CANDLE TO CLOSE ABOVE THIS LEVEL)
- R1: 43800
- R2: 44055
- R3: 44355
SHORT PLAN >>>>> 🐻
- 43111 (I WILL WAIT FOR THE 5 MIN CANDLE TO CLOSE BELOW THIS LEVEL)
- S1: 42900
- S2: 42699
- S3: 42414
PLEASE FOLLOW FOR MORE REGULAR UPDATES.
QUOTE FOR THE DAY :
“Every battle is won or lost before it’s ever fought”
– Sun Tzu
📌📌📌📌📌
Disclaimer -
I am not SEBI Registered Research Analyst or Investment Advisor.
All Information provided above are just for Education purpose only .
They are not buy/Sell Recommendations .
Please consult your financial Advisor before taking any trade or investments.
BANK NIFTY - Target Levels - 31.10.23Its Helpful & Useful For Freshers, Newers & Beginners Of Trading...
Learn & Earn With You Own...
Bank Nifty Spot Price : 43039.2 - India Vix Spot : 11.49% -
Nifty Daily Range : 42780 To - 43298
See My Reversal Target Level - Long Wick Is Shown Only. The Reversal Trend Is Activated. OtherWise Leave It. And Achieve The Target Point.
Second By Second Change The Trailing Stop Loss.. Don't Loss Your Hard Money..
Draw & Watch The Target Points :
Entry Point... & Stop Loss... & Target Point ...Is Yours...
In UpTrend (CE Buy).. Or DownTrend (PE Buy).. Every Target Point Is a Buy Entry Of After Small Retracement. Please Check.
(Watch 5 Days See My Option Strike Target Levels Is Accurate Or Not)
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..
7. Watch 5 Mins Time Frame.. & 15 Mins Time Frame..
8. In Future i Analysis & Focus On Option Strike - Entry, Target, Stop Loss. Also..
9. Above The Target Point Create One 3 min / 5 min Candle. Then One You Take The Buy Entry.
Don"t Enter Blindly.
1. We Focus On Our Daily Analysis..
2. Combination Theory Of Delta, Gamma, Thetta, & Vega.
3. Selection Of OI Analysis.. & Determination Of Volume Calculation.. & Sum Of Implied Volatility Theory
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.. & Prediction Of Entry, Targets, & Stop Loss..
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..
9. Buy At Low.... Sell At High.... Is The Concept Of Day Tradings..
Kindly Follow My Channel & Like Your Support & Share My Ideas.
TAMIL.. TAMIL... TAMIL.... Engum Tamil.. Ethilum Tamil.. VALGA VALAMUDAN..
Ithu Oru Tamilanin Thoguppu..
Like Pannunga.. Comment Pannunga.. Share Pannunga.. & Profit Pannunga...
Marakkama Unga Friends & Relatives a - market1tomorrow - la Join Panna Sollunga..
This Is My Trading Phychology Of
market1tomorrow
BANK NIFTY FUT | 30 OCT 23AS WE CAN SEE THAT BANKNIFTY HAS TAKEN GOOD SUPPORT FROM CHANNEL BOTTOM i.e 42088,
REMEMBER ONE SHOULD FOLLOW THE TREND BUT SHOULDN'T GET BIAS WITH THE DIRECTION.
ADDING MY ANALYSIS LEVELS FOR 30 OCT,23 BELOW FOR NIFTY FUTURES:
LONG PLAN >>>>> 🐂
- 43222 (I WILL WAIT FOR THE 5 MIN CANDLE TO CLOSE ABOVE THIS LEVEL)
- R1: 43355
- R2: 43515
- R3: 43677
SHORT PLAN >>>>> 🐻
- 42944 (I WILL WAIT FOR THE 5 MIN CANDLE TO CLOSE BELOW THIS LEVEL)
- S1: 42800
- S2: 42666
- S3: 42488
PLEASE FOLLOW FOR MORE REGULAR UPDATES.
QUOTE FOR THE DAY :
“You get recessions, you have stock market declines.
If you don’t understand that’s going to happen, then you’re not ready, you won’t do well in the markets.” 🚀🚀🚀🚀
– By Peter Lynch
📌📌📌📌📌
Disclaimer -
I am not SEBI Registered Research Analyst or Investment Advisor.
All Information provided above are just for Education purpose only .
They are not buy/Sell Recommendations .
Please consult your financial Advisor before taking any trade or investments.
Banknifty weekly analysis for 30/10/23.Banknifty has been trading below Weekly 20 ema and has given nice trending movement of around 1500 points from high to low while closing around 940 points lower.
It recovered around 1% or 500 point higher on the last trading session that is a retracement after the selling leg.
Daily candle is showing a retracement and can test fibonacci 38.2% or 50% level.
The closing on the hourly charts is above the 20 ema after consolidating around the level.
Support :- 42500, 42320, 42130
Resistance :- 43100, 43380, 43620
After a selling leg the market are retracing to clear the imbalances. The trend is bearish for now and sell on rise in the market cycle.
Wait for the price action and a setup for the entry. Trailing stop loss can give good targets on the bearish side.
BANK NIFTY - Target Level - 30.10.23Its Helpful & Useful For Newers & Beginners Of Trading...
Learn & Earn With You Own...
Bank Nifty Spot Price : 42782 - India Vix Spot : 10.91% -
Nifty Daily Range : 42488 To - 43076-
Watch Option Strike : Above Break Even Point Buy : 42800 CE
Watch Option Strike : Below Break Even Point Buy : 42800 PE
Always Select ITM Strike Price only
Split The Screen In Your Mobile. Then View The Market Moves & Target Points At Same Time.
Top Nifty & Bottom Bank Nifty.
See My Reversal Target Level - Long Wick Is Shown Only. The Reversal Trend Is Activated. OtherWise Leave It. And Achieve The Target Point.
Second By Second Change The Trailing Stop Loss.. Don't Loss Your Hard Money..
Draw & Watch The Target Points :
Entry Point... & Stop Loss... & Target Point ...Is Yours...
In UpTrend (CE Buy).. Or DownTrend (PE Buy).. Every Target Point Is a Buy Entry Of After Small Retracement. Please Check.
(Watch 5 Days See My Option Strike Target Levels Is Accurate Or Not)
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..
7. Watch 5 Mins Time Frame.. & 15 Mins Time Frame..
8. In Future i Analysis & Focus On Option Strike - Entry, Target, Stop Loss. Also..
9. Above The Target Point Create One 3 min / 5 min Candle. Then One You Take The Buy Entry.
Don"t Enter Blindly.
1. We Focus On Our Daily Analysis..
2. Combination Theory Of Delta, Gamma, Thetta, & Vega.
3. Selection Of OI Analysis.. & Determination Of Volume Calculation.. & Sum Of Implied Volatility Theory
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.. & Prediction Of Entry, Targets, & Stop Loss..
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..
9. Buy At Low.... Sell At High.... Is The Concept Of Day Tradings..
Kindly Follow My Channel & Like Your Support & Share My Ideas.
TAMIL.. TAMIL... TAMIL.... Engum Tamil.. Ethilum Tamil.. VALGA VALAMUDAN..
Ithu Oru Tamilanin Thoguppu..
Like Pannunga.. Comment Pannunga.. Share Pannunga.. & Profit Pannunga...
Marakkama Unga Friends & Relatives a - market1tomorrow - la Join Panna Sollunga..
This Is My Trading Phychology Of
market1tomorrow
BANK NIFTY - Target Levels - 27.10.23Its Helpful & Useful For Newers & Beginners Of Trading...
Learn & Earn With You Own...
Bank Nifty Spot Price : 42280.2 - India Vix Spot : 11.73% -
Nifty Daily Range : 41968 To - 42593-
Watch Option Strike : If Above Break Even Point Buy : 42500 CE
Watch Option Strike : If Below Break Even Point Buy : 42500 PE
Always Select ITM Strike Price only
Split The Screen In Your Mobile. Then View The Market Moves & Target Points At Same Time.
Top Nifty & Bottom Bank Nifty.
See My Reversal Target Level - Long Wick Is Shown Only. The Reversal Trend Is Activated. OtherWise Leave It. And Achieve The Target Point.
Second By Second Change The Trailing Stop Loss.. Don't Loss Your Hard Money..
Draw & Watch The Target Points :
Entry Point... & Stop Loss... & Target Point ...Is Yours...
In UpTrend (CE Buy).. Or DownTrend (PE Buy).. Every Target Point Is a Buy Entry Of After Small Retracement. Please Check.
(Watch 5 Days See My Option Strike Target Levels Is Accurate Or Not)
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..
7. Watch 5 Mins Time Frame.. & 15 Mins Time Frame..
8. In Future i Analysis & Focus On Option Strike - Entry, Target, Stop Loss. Also..
9. Above The Target Point Create One 3 min / 5 min Candle. Then One You Take The Buy Entry.
Don"t Enter Blindly.
1. We Focus On Our Daily Analysis..
2. Combination Theory Of Delta, Gamma, Thetta, & Vega.
3. Selection Of OI Analysis.. & Determination Of Volume Calculation.. & Sum Of Implied Volatility Theory
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.. & Prediction Of Entry, Targets, & Stop Loss..
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..
9. Buy At Low.... Sell At High.... Is The Concept Of Day Tradings..
Kindly Follow My Channel & Like Your Support & Share My Ideas.
TAMIL.. TAMIL... TAMIL.... Engum Tamil.. Ethilum Tamil.. VALGA VALAMUDAN..
Ithu Oru Tamilanin Thoguppu..
Like Pannunga.. Comment Pannunga.. Share Pannunga.. & Profit Pannunga...
Marakkama Unga Friends & Relatives a - market1tomorrow - la Join Panna Sollunga..
This Is My Trading Phychology Of
market1tomorrow
BANK NIFTY FUT | 26 OCT AS WE CAN SEE THAT THE MARKET IS IN A DOWNTREND, ONE SHOULD FOLLOW THE TREND BUT SHOULDN'T GET BIAS WITH THE DIRECTION.
ADDING MY ANALYSIS LEVELS FOR 26 OCT,23 BELOW FOR NIFTY FUTURES:
LONG PLAN >>>>> 🐂
- 43020 (I WILL WAIT FOR THE 5 MIN CANDLE TO CLOSE ABOVE THIS LEVEL)
- R1: 43188
- R2: 43366
- R3: 43544
SHORT PLAN >>>>> 🐻
- 42720 (I WILL WAIT FOR THE 5 MIN CANDLE TO CLOSE BELOW THIS LEVEL)
- S1: 42566
- S2: 42404
- S3: 42277
PLEASE FOLLOW FOR MORE REGULAR UPDATES.
QUOTE FOR THE DAY :
“What separates the “consistently great” athletes and performers from everyone else is their distinct lack of fear of making a mistakes” 🚀🚀🚀🚀
-Mark Douglas
📌📌📌📌📌
Disclaimer -
I am not SEBI Registered Research Analyst or Investment Advisor.
All Information provided above are just for Education purpose only .
They are not buy/Sell Recommendations .
Please consult your financial Advisor before taking any trade or investments.
BANKNIFTY Intraday Trade Setup For 27 Oct 2023 || Daily AnalysisBANKNIFTY Intraday Trade Setup For 27 Oct 2023
Bullish-Above 42380
Invalid-Below 42270
T-42650 42925
Bearish-Below 42100
Invalid-42210
T-41835 41487
BANKNIFTY has closed once again on a complete bearish note today with 1.29% cut. It opened with a slight cut actual trade was 10 o'clock range breakout which happened in the downside below 42370 and gave a move till 42110 and risk (last swing high) was 42460. Tomorrow above 42380 after a flat opening we can give a good bounce. Be very strict in trailing after sell triggers ,especially near 41950.
Coming to Friday's trade setup, if index opens flat and a 15 Min candle closes above 42380 then we will long for the target of 42650 and 42925.
For selling we need a 15 Min candle close below 42100. T- 41835 41487
In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range (5MIN). Trade on this range breakout.
Banknifty daily analysis for 27/10/23.Banknifty has been trading below the 200 DMA and for consecutive 3 trading session it has closed in red.
Today, the close is below 550 points after testing low of 42100. The trend in the market is bearish and more selling upto 41500 level can be seen in the coming days.
On the hourly chart, there was a fall in the first half of the session and consoldiated in a parallel channel in the second.
A perfect bearish flag and pole formation is there on 15 minutes chart.
Support :- 42000-40, 41500
Resistance :- 42800, 43000
Market has given a break down and now there are big targets in the market. If the market breaks down the parallel channel there can be another sell off breaching another round number levels of 42000.
Wait for the price action near the levels before entering the market.
BankNifty Short-term Technical Perspective:
📌 NSE:BANKNIFTY seems to be hovering at the confluence of support from two critical Technical Setups:
#1 Short-Term Support Trendline (marked in Red), which is placed at around ~43800 levels
#2 Lower Support trendline of the Medium-term Rising Wedge which is under formation (marked in Green). The support is placed at around ~43600 levels
📌 The price action near 43800-43600 needs to be watched closely for further clues.
📌 The chances of a Reversal from the mentioned support zone are not ruled out, but in case of a failure, the implications could be significant.
Close below the support area shall confirm a Rising Wedge breakdown, which has a bearish connotation.
It may damage the immediate sentiments further & possibly open the doors for a much larger correction!
📌 Any actionable trade shall be communicated based on the merit of the situation.
FASP levels for Bank Nifty 26/10/2023The FASP for BankNifty is listed for 26-10-2023. 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.
BANKNIFTY Intraday Trade Setup For 26 Oct 2023 || Daily AnalysisBANKNIFTY Intraday Trade Setup For 26 Oct 2023
Bullish-Above 43000
Invalid-Below 42890
T- 43335 43650
Bearish-Below 42750
Invalid-Above 42860
T- 42420 42155
BANKNIFTY has closed on a complete bearish note with 0.74% cut today. Sell triggered as per trade setup below 43020 and hit 1st target by closing (43020- 42760). Tomorrow once again on a flat opening below 42750 we will get a trendy downside move. For a bullish move it has to sustain above 43000 in 15 Min TF. So 43000 and 42750 are important levels for tomorrow's session to look for breakout.
Coming to Thursday's trade setup, if index opens flat and a 15 Min candle closes above 43000 then we will long for the target of 43335 and 43650.
For selling we need a 15 min candle close below 42750. T- 42420 and 42155.
In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range (5MIN). Trade on this range breakout.
BANK NIFTY SPOT | MASTER CHART 1DAs We can see Bank NIFTY is currently in short term Down Trend and is at Key Level,
The Chart mentioned above is of 1D timeframe.
I think BANK NIFTY is at very indecisive level where the further moments will be defined.
We can call the current level as BASE POINT or the Break DOWN LEVEL.
Lets See "Jhole mein kya ata hai" :D
- Follow & Boost the Post for Regular Updates
📌📌📌📌📌
Disclaimer -
I am not SEBI Registered Research Analyst or Investment Advisor.
All Information provided above are just for Education purpose only .
They are not buy/Sell Recommendations .
Please consult your financial Advisor before taking any trade or investments.
Banknifty Expiry Trade setup for 25-10-23BankNifty important levels to watch are as follows
#Support: 43160
Sell below: 43160 only on 15 minute candle closure below the level.
Target 1: 43000
Target 2: 42850
#Resistance: 43360
Buy Above: 43360 only on 15 minute candle closure Above the level.
Target 1: 43525
Target 2: 43700-710
=> # 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.
Bank Nifty given breakdownBanknifty has given a trendline, double top & a complex H&S breakdown. Have a short bias until the index closes above the trendline again.
Retest of trendline highly likely as the markets have been oversold since couple of days.
If the rally is on back of weak candles and volume, expect more downside to unfold in coming weeks.
BANKNIFTY - Target Levels - 26.10.23Its Helpful & Useful For Newers & Beginners Of Trading...
Learn & Earn With You Own...
Bank Nifty Spot Price : 42832 - India Vix Spot : 11.31% -
Nifty Daily Range : 42527 To - 43137-
Watch Option Strike : If Above Break Even Point Buy : 42700 CE
Watch Option Strike : If Below Break Even Point Buy : 42900 PE
Split The Screen In Your Mobile. Then View The Market Moves & Target Points At Same Time.
Top Nifty & Bottom Bank Nifty.
See My Reversal Target Level - Long Wick Is Shown Only. The Reversal Trend Is Activated. OtherWise Leave It. And Achieve The Target Point.
Second By Second Change The Trailing Stop Loss.. Don't Loss Your Hard Money..
Draw & Watch The Target Points :
Entry Point... & Stop Loss... & Target Point ...Is Yours...
In UpTrend (CE Buy).. Or DownTrend (PE Buy).. Every Target Point Is a Buy Entry Of After Small Retracement. Please Check.
(Watch 5 Days See My Option Strike Target Levels Is Accurate Or Not)
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..
7. Watch 5 Mins Time Frame.. & 15 Mins Time Frame..
8. In Future i Analysis & Focus On Option Strike - Entry, Target, Stop Loss. Also..
9. Above The Target Point Create One 3 min / 5 min Candle. Then One You Take The Buy Entry.
Don"t Enter Blindly.
1. We Focus On Our Daily Analysis..
2. Combination Theory Of Delta, Gamma, Thetta, & Vega.
3. Selection Of OI Analysis.. & Determination Of Volume Calculation.. & Sum Of Implied Volatility Theory
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.. & Prediction Of Entry, Targets, & Stop Loss..
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..
9. Buy At Low.... Sell At High.... Is The Concept Of Day Tradings..
Kindly Follow My Channel & Like Your Support & Share My Ideas.
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