In this video I have shared banknifty expiry analysis.
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Banknifty Levels for Tomorrow..
Expectation : BULLISH - Trending day
Global Markets are Positive, which indicates the Gap up Open in Nifty and also in Banknifty
Entry Levels are,
Gap up Open - Buy above 40686 PDH
Gap down Open - Buy above 40490
Flat Open - 40530 CPR level
Any breakout above BULL BO - 40743, Target 1 and 2 levels will be tested.
If 40405...
NSE:BANKNIFTY
Trade Setup for 22-04-2022
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up...
Bank Nifty Trade Plan for 02 FEB 2022
Bank Nifty expect to have a gap up opening, first resistance for BN is around Bearish Reversal zone of 38811, if that is taken out we can expect R1 and Bullish BO - 39117. If today Bullish Breakout is taken out and sustained we can expect T2 & Higher targets.
Today's I'm bullish on Banknifty. Expecting a really good move ahead which should be caught by my system; here's what it looks like.
In this chart we've marked 2 price levels which have been determined based on previous day high ( PDH ) and previous day low ( PDL ) of Banknifty . The zone between these two price levels is a strict "No Trade Zone".
If Banknifty...
Banknifty is trading in Falling Channel on Intraday basis and CMP is quoting near upper band of the channel which could be a opportunity to short the index at CMP, however opening price will effect the trade plan. If Banknifty opens up inside the Channel then we can look to short with a Stoploss at 37920 and Targeting 37450 & 37200 levels.
This is 1 HR Bank nifty chart with weekly pivots.
Bank Nifty was trading inside the weekly CPR for last 2 trading sessions and was taking resistance around weekly TC.
In case of gap up opening and 37080 taken on upside and provides support we can expect higher targets 37300 & higher.
BANKNIFTY Intraday Trade Setup For 16 Dec 2021
Buy-Above 37100
Sl-37000
T-37270 37400 37600
Sell-Below 36700
Sl-36800
T-36500 36240 36060
BANKNIFTY has once again traded in a complete range. BANKNIFTY tried twice to break 37000 but could not sustain.
Tomorrow this range will be used to setup our trade for the expiry day.
This range shift will give us 300...
Banknifty is near to upper level of 15 minutes trend line from 27th Oct. 21,
If BN crossed and close above 38100 today, A fresh up move can be seen for a target of 38248, 38735, SL 37700
Hi, Guys,
I strongly recommend use of trend line on a 15 minute chart,
Please see the benefits of trend line in the chart.
Happy Diwali and Happy Tradeing.
Bank Nifty Trade Plan for 02 NOV 2021
Expect a possible gap up opening in Bank Nifty.
40050 is a first resistance to watch out in case of gap up opening.
If that is taken out taken out the next resistance is the breakout zone of 40172, if that is taken on upside we can expect 40400/40500 levels.
Any pull back to closing price or CPR on opening is a buying...
Bank Nifty expected to open in yesterday Range.
Narrow Ascending CPR looking for some good move today.
If CPR is sustained on opening and PDH is taken on upside then we can expect to test 36600 levels and higher.
In CPR is compromised and even expect it to retest PDL & may be even 36k.
Long Opportunity:
If Bank nifty opens flat and takes support at CPR, we can look for possible long opportunity with first resistance at 35225 and 35292.
If 35292 is taken on the upside we can expect previous session high & may be Virgin CPR levels.
In case CPR is compromised on opening we can expect the support at Bullish reversal zone wherein we can again look...
Expect a flat opening in BN .
Bank Nifty is shown weakness on closing yesterday and well below today CPR levels.
36157 should act as a good resistance for BN today and if that is compromised we can expect it to again test previous session highs & higher.
In case if 36031 is taken on the lower side we can expect BN to test lower supports of 35895 & 35865 level.
Bank Nifty Trade Plan for 16 Aug 2021
BANK Nifty too looks bullish and expecting a flattish opening.
36087 is a good support and any retest to this level and support confirmed we can go long and wait for upper targets.
A breakout above 36235 is again a good buying opportunity for Target 1 & 2.
Prefer go short for a quick short target on breach of CPR.
![BANKNIFTY: Simple Trade Setup | BANKNIFTY | 22-04-2022 [INTRADAY]](https://s3.tradingview.com/s/sUBGKo4V_mid.png "Simple Trade Setup | BANKNIFTY | 22-04-2022 [INTRADAY]")
