Banknifty Can go for some correction Banknifty could go for some short term correction.
The marked support and resistance levels can act as a reversal or breakout area.
Bankniftysell
SELL BANKNIFTY BELOW 46800 | 1000+ DOWNSIDE EXPECTEDBanknifty looks weak if sustains below 46800 for the downside for 1000+ points. One can sell the trade and refer to targets marked on chart with green chart until 47210 is intact on the upside.
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Happy Trading!
InvestPro India Team
500+ POINTS FALL IN BANKNIFTY | TESTING THE LOWER LINE EXPECTEDBankNifty is trading in a channel on hourly time-frame, facing resistance at the upper line and now we expect it to test lower line of the channel.
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Happy Trading!
Banknifty is ready for some correction
Banknifty is near the supply zone. We would love to sell in supply zone. We will only get bullish at marked demand zone or on break of the supply.
Banknifty Intraday Made M Pattern Before Market Close
Banknifty Intraday Made M Pattern Before Market Close. Market is giving sign for a sell, also it;s too far from hourly trendline, so price will go and get balanced by touching it in near future.
BANK NIFTY - TRADING NEAR BREAKOUT ?NSE:BANKNIFTY
Trading in ascending channel pattern, rejected thrice. Expecting potential breakout towards downside
Sell with sl - 39500
Target - 39250, 39090, 38910
DISCLAIMER :
This idea is for educational purpose, buy/sell as per your risk management.
I always recommend to book 50% of the quantity at target 1 and keep trailing stoploss for remaining targets.
Maintain strict stoploss to minimize loss.
Idea is positional and only carry position on day closing basis.
BANKNIFTY Shorting strikes based on VixShorting strikes purely based on india vix volatility index
- we can short one side either CALL or PUT side / if we do both then we can conclude that it is short strangle
- Short 39000 CE and Short 38300 PE
🛑 we can observe that market may be stays in between within the above range
- if short both side / if we did short strangle
if breakout at 38850 happens then we can exit from short CE position and hold short PE until achieve the target of 39000
if breakdown at 38450 happens then we can exit from short PE position and hold the short CE until achieve the target of 38300
i hope that it will help a lot ,
if you like it do follow for more
have a nice day
Bank Nifty Intraday Trade Setup | 17th March 2021Today BankNifty opened with a Gap up and we immediately saw the sell-off. BankNifty is again near the lower range which is 34500-34400 levels. Let's see tomorrow if we see the breakdown or BankNifty again take support from these levels.
Expectations for Tomorrow: Flat opening and range-bound market.
Resistance: 35220
Support: 34450
Intraday Levels:
Buy Above 35020
Sell Below 34750
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
BankNifty Sell Setup 18-Jan-2021Sell below orange color line
Sell triggered after 10:00 am candle give 350 plus points of profit and again at 14:15.
Almost 700 points of profit given by this setup.
On 1st setup SL is Blue line and on 2nd setup SL was orange line
BANKNIFTY view Reasons :-
1. Daily time frame shows back to back green candle (retracement needed)
2.1 min time frame rising pattern breakdown.
3.Facing resistance
4.Rising wedge pattern (High probability of giving a break-down)
Caution :-!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
1. Victory of Biden can have a bullish impact on the markets.
This is my view and, lets hope for the best.
BANK NIFTY SHORT TRADE
BUY BANK NIFTY 29 OCT 2020 23600 PE at whatever price with a TGT of Rs. 530.00
Very Low Risk High Reward Trade;
BANKNIFTY SELL TARGETS21500 - 21300 - 21200
MAKE YOUR IT BREAKS THE SUPPORT 21500 TO REACH 21300.
HAPPY TRADING.
Bank Nifty - Keeps FallingAt 20800 ,No Buyers Left, Sellers still under control, for intraday sell on lower highs(50-78% retracement), for next few trading sessions to next demand zone.bank
BANK NIFTY SHORT (WAVE 3) THE DREAM OF EVERY TRADER
We have a complete analysis in our previous Post, I was waiting for Wave 1 to complete; Its verified Wave By Wave and Now Wave 2 is forming which is a Flat structure; Wave A and B are almost complete; Wave is the the last Impulse and then we get the MOST AWAITED WAVE 3in downward.
BankNifty - ShortNote: This is for educational purpose only.
Bank Nifty unable to break resistance (23100 - 23150) thrice. Moreover, there is a bearish ascending triangle breakout on daily chart. Same is reflected on RSI trend line as well. RSI below 50 indicates loss of bullish momentum.
BANK NIFTY Bearish!! Short it with a huge target !!!Hii this is trader Kanishk
This is BANK NIFTY
Here the phase is very volatile and we don't have to took long position in bank nifty.
With till it breaks the trend line and then short it.
this is a bear market phase and this is not the recovery this is the bullish trap .
so please avoid yourself to put the long positional trade at this time without any confirmation.
Please watch this video complete and follow all the steps .
Please do the multi timeframe analysis during these type of phases .
Guys let me know you that i am a trader and a trader have a winning probability of 50-65% no any trader is there who have a winning ratio more than this . Who says you that i am having a 100% winning strategy then F**k these type of people and try to be correct only 50 - 60 % of time which will give you a lot of money if you properly follow the risk reward ratio .
Guys you can also follow me on twitter for any queries.
