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22nd March || Bank Nifty Analysis - Intraday Levels Marked OutAnalysis Criteria Used: 1. Please find the Bank Nifty Chart Analysis done for the 22nd March, 2023 Focus On: 1. Always keeping your Risk Management in play 2. Using a Stop Loss; because it is your Best Friend 3. Always Plan your Trade and stick to your Plan 4. Dont overthink or overanalyse 5. Treat this as your Business and get serious about it #sharemarket #stockmarket #nifty #sensex #investing #trading #nse #bse #stockmarketindia #stocks #indianstockmarket #investment #stockmarketnews #banknifty #finance #money #intraday #intradaytrading #investor #niftyfifty #dalalstreet #sharemarketindia #sharemarketnews #stockmarketinvesting #business #sharemarkettips #stock #india #indiansharemarket #rakeshjhunjhunwala #bhfyp #mumbai #share #wealth #investment #market #invest #trading #investing #finance #FinancialFreedom #investor #trader #stocks #profit #investors #economy #equity #shares #nifty #stockexchange DISCLAIMER: 𝙊𝙪𝙧 𝘼𝙣𝙖𝙡𝙮𝙨𝙞𝙨 𝙞𝙨 𝙛𝙤𝙧 𝙀𝙙𝙪𝙘𝙖𝙩𝙞𝙤𝙣𝙖𝙡 𝙥𝙪𝙧𝙥𝙤𝙨𝙚𝙨 𝙤𝙣𝙡𝙮. * Please do your own research and/or contact your financial advisor before taking any trading opportunities ** We will not be responsible for your profit or loss *** We are NOT SEBI REGISTERED ______________________ best stocks to buy today best stocks to buy now best stocks to buy best stocks for Intraday tomorrow best stocks for long term investment best stocks to buy today india best stocks for swing trading swing trading strategies swing trading beginners what is swing trading swing trading stocks swing trading stock selection swing trading kya hai nifty analysis nifty view bank nifty analysis top stocks to buy now strong stocks nifty view nifty prediction stock market view tomorrow bank nifty Levels bank nifty prediction share news stock market news best stocks to buy now profit booking stocks multibagger stocks in discount breakout stocks best short term stocks best short term shares next multibagger stocks
NSE:BANKNIFTY
by TradeRyteStockz
PostMortem on BankNifty Today & Analysis of 21 Mar 2023Today was a different day for me personally, i almost lost focus at around 10.30am & i posted the same in banknifty minds. "$BANKNIFTY i have no clue on the direction - options data/flow is confusing today" I normally use options flow/data to guess the direction of NSE:BANKNIFTY rather than the direct candle stick or chart pattern. Options data usually does not give false signals unlike chart patterns. From the open till 12.40 i did not see the options premium or skew happening which prompted me to post that message. Since i dont do straddles - the best non-directional trade was out of my arsenal. The reason i dont rely on straddles is because of current global scenario. Any time in the day the volatility can shoot up & kick your teeth even before you know it. Most of the traders are pre-determined that they are ready to take a loss to make a profit later. I do not trade with the mindset to lose. Not that i dont lose money, but i dont make a plan to set a loss amount first & then plan for a lottery kind of win. I usually wait for high probability trade scenarios & only commit when conditions are favorable. The small range we were in till 12.40, straddlers who held on till 12.40 would have made decent gains due to the time decay.  But who did not square off would have seen their call options go way in the money & the losses quadrupled.  The upmove really started at 12.00 and gained upto 1.42% ~ 558pts by 14.50. This gain shows 2 major things The bulls are still having lot of faith in the NSE:BANKNIFTY that they could drive up the demand even from the low point of the day. The important resistance of 39742 is broken on the 5mts, 15mts & 1hr chart which means further rally is in the cards. At 13.14 i posted this "$BANKNIFTY 39742 resistance has to be broken for a bias change" I ended up on the losing side as i strongly felt the rally will not break the resistance. Once it broke it i placed some orders to short the PEs - but they missed the price targets by 10paisa :( And my 39500/39400 4:5 ratio spread is sitting at a loss ! --- For the 15mts TF, we discussed yesterday about the possibility that it could be in a range. Today's resistance break give it wings. It could soon scale upwards if we have a decent US market close today. --- 1hr TF is interesting as bank nifty is back in the range of 39742–41624 after a gap of 7d 22hr ~ 40 hrs. Since NSE:BANKNIFTY is back in the range - it brings in excellent range based trade possibilities. Iron condor, Iron fly & even credit spreads could work wonders if deployed & adjusted correctly. --- Contra view: looking at the bank nifty components i did not see a spike in volumes in these banks when the 39742 resistance was taken out.  There is a small probability that it could even be to adjust for the Finnifty expiry - if thats the case then the 2nd half of tomorrow we could see a crash that will take bank nifty below the recent swing low.
NSE:BANKNIFTY
by viswaram
BANKNIFTY March 21thMarket is showing a bit bullishness in the last 2-3 days and fell down at the end as we can see. I am neutral today, oppotunities can be find on BULLISH movement till 12PM and fell down at the end. 1) Nasdaq is up by 11.55 - Bullish 2) Dow jones will follow the bullishness during first half i guess. 3) most of the global indices are bearish. 4) Wait for the pattern to confirm the direction of the market. 5) VIX is 24.15 - still volitile. Open my chart in 5mins which is recommanded.
NSE:BANKNIFTYLong
by Nova0112
PostMortem on BankNifty Today & Analysis of 20 Mar 2023I really cant say that the volatility is that high, if we follow the slope of the moving average - India VIX is still staying low. Not quite a representation of the things happening in global markets. Today i saw VIX trading near 17% higher than last close - but that did not really translate into lot of fear on NSE:NIFTY & NSE:BANKNIFTY . People who look at the headline index performance today would have seen NSE:BANKNIFTY close 0.65% lower, but i saw lot of strength in today's trade. No i am not bullish - but there are good numbers of bulls who are not yielding. Global markets handout was very weak on friday & the news of Credit Suisse, UBS were not comforting either - so the gap down open at 39512 was something on expected lines. From there we started dipping till 10.30 - but the options volumes were not really reflecting the fear ! The total drop was 1.63% ~ 647pts till 10.30, as i said earlier the options premium & volume data was not giving a further meltdown signal. At 10.19 i posted this "$BANKNIFTY bulls are holding on, they have no fear ! i would not go long personally" this was because i felt there could be a bounce back & unlike other traders i did not see it as a bullish move. We did get a bounce of 379pts, traders who went bullish would have booked profits before 10.55 or would have waited for more & walked right into the trap. Because from 11.00 to 13.50 we had the 2nd leg of fall of 428pts. This time the low went below the 1st swing showing bearish signal.  At 12.12 i posted that "$BANKNIFTY would prefer to go short below 38690" Thats because even though the chart showed bearishness the options data was not reflecting fear. In the opening paragraph i did mention about the VIX, in bank nifty's case the implied volatility was not exploding. Lack of which gave a contra signal not to go short too. What happened next - i had absolutely no clue. NSE:BANKNIFTY from the LOD rallied 469pts ~ 1.2% to close the day strongly (even though ended in red). This is specifically why i said the bulls have no fear ! Guess what happened to my trading today - 0. I couldnt find a single strong buy/sell signal.  --- 15mts TF is kind of showing a range emerging between 38690 & 39742. The resistance of 39742 is a strong zone - i know. But not quite sure how long the 38690 level will hold up. Just like the earlier analysis reports - for further bearish entries we need close below 38690. --- 1hr TF shows 2 retest rejections from the 39742 level. Its not a perfect M pattern ie double top. It would have been unless for the last 1 hr rally today. See below chart ! The last 1 hr has negated the 2nd leg of the M pattern. Was that a fake move or original - we will get to know tomorrow. to view all 9 charts of today's report visit viswaram. com
NSE:BANKNIFTY
by viswaram
21st March || Bank Nifty Analysis - Intraday Levels Marked OutAnalysis Criteria Used: 1. Please find the Chart Analysis done for the 21st March, 2023 2. The analysis for the Swing Trade ideas, has been done based on Trend analysis and Chart Patterns with Volume Buildups Focus On: 1. Always keeping your Risk Management in play 2. Using a Stop Loss; because it is your Best Friend 3. Always Plan your Trade and stick to your Plan 4. Dont overthink or overanalyse 5. Treat this as your Business and get serious about it #sharemarket #stockmarket #nifty #sensex #investing #trading #nse #bse #stockmarketindia #stocks #indianstockmarket #investment #stockmarketnews #banknifty #finance #money #intraday #intradaytrading #investor #niftyfifty #dalalstreet #sharemarketindia #sharemarketnews #stockmarketinvesting #business #sharemarkettips #stock #india #indiansharemarket #rakeshjhunjhunwala #bhfyp #mumbai #share #wealth #investment #market #invest #trading #investing #finance #FinancialFreedom #investor #trader #stocks #profit #investors #economy #equity #shares #nifty #stockexchange DISCLAIMER: 𝙊𝙪𝙧 𝘼𝙣𝙖𝙡𝙮𝙨𝙞𝙨 𝙞𝙨 𝙛𝙤𝙧 𝙀𝙙𝙪𝙘𝙖𝙩𝙞𝙤𝙣𝙖𝙡 𝙥𝙪𝙧𝙥𝙤𝙨𝙚𝙨 𝙤𝙣𝙡𝙮. * Please do your own research and/or contact your financial advisor before taking any trading opportunities ** We will not be responsible for your profit or loss *** We are NOT SEBI REGISTERED ______________________ best stocks to buy today best stocks to buy now best stocks to buy best stocks for Intraday tomorrow best stocks for long term investment best stocks to buy today india best stocks for swing trading swing trading strategies swing trading beginners what is swing trading swing trading stocks swing trading stock selection swing trading kya hai nifty analysis nifty view bank nifty analysis top stocks to buy now strong stocks nifty view nifty prediction stock market view tomorrow bank nifty Levels bank nifty prediction share news stock market news best stocks to buy now profit booking stocks multibagger stocks in discount breakout stocks best short term stocks best short term shares next multibagger stocks
NSE:BANKNIFTY
by TradeRyteStockz
#BANKNIFTY - 20/03/23 MARKET VIEWAfter analyzing the BANKNIFTY chart on the 15-minute time frame, it appears that there is a noticeable bearish sentiment in the market. This is indicated by the current dominance of sellers, which suggests a potential downtrend in the short term. As such, it may be wise to consider a short entry position at 39190. This would involve selling BANKNIFTY at the current price with the expectation that it will decrease in value, resulting in a profit. To manage risk, a stop loss order can be placed at 39460. This will automatically trigger a sell order if BANKNIFTY rises above this level, helping to limit potential losses. The target for this short position is set at 38760, which represents the expected price level for BANKNIFTY to reach as it moves lower. Once this target is reached, the short position can be closed out to realize a profit. Overall, based on the current market conditions, taking a short position in BANKNIFTY at 39190 with a target of 38760 and a stop loss at 39460 may present a potential trading opportunity. However, as with all investments, it is important to carefully consider the risks and conduct thorough research before making any trading decisions.
NSE:BANKNIFTYShort
by DamisInvestments
Bank Nifty - 41600 in March 2023 before Expiry is possibleBN has fallen only due to US Bank news which is getting closed by other banks showing interest in Buying the sick bank, Buy price is also being revised upward. In my view the biggest banks like Citi, HSBC etc are stable. why any one giving so much importance to start up failures !!!!! only to buy at dips. I am expecting very big rally in BN and N in next 7 trading days......view will change only if any other bad news happen and not in the name of possibilities etc fears
NSE:BANKNIFTYLong
by venkatfx
Banknifty weekly analysis for 20/03/23.Banknifty on the weekly time frame has given a nice lower wick rejection and formed a doji. Though the market are in the bearish move but the weekly candle is showing a short term positive momentum in the index. For last 2 trading session the market has sustain the opening levels and soaked in all the sell pressure it exerted in the last hour of session. 38.2% fibonnaci level is near and if it starts trading above it, 50% levels can be reached. On the hourly time frame, the market has show a 'U' shape kind of a recovery and the last hour momentum is showing some positive sentiment. SGX nifty is showing a negative closing of 117 points. Indian markets will follow the global market, watch for the global market in the morning. Support :- 39000, 38550 Resistance :- 39780, 40080 Wait for the price action near the levels before entering the market.
NSE:BANKNIFTY
by Mambotrade
Bank Nifty: Monday - 20/03/23Levels: Support: 39600, 39450, 39250, 39000, 38600 Resistance: 39800, 40000, 40150, 40300, 40550 OI Data: ---------------------------------------------------------------------| Bank Nifty => Price: 39598.1 ATM: 39600 , ITM: 39500, 39400, 39300 , OTM: 39700, 39800, 39900 ---------------------------------------------------------------------| Highest OI Call in Bank Nifty per OI data: 40000 Highest OI Put in Bank Nifty per IO data: 39000 Nearest Major Resistance in Bank Nifty per OI data: 39900 Nearest Major Support in Bank Nifty per IO data: 39400 ---------------------------------------------------------------------| Trade setup: +++++++++++++++++++++++++++++++++++++++++ Trade | Level | SL | T1 | T2 ----------------------------------------- BUY | > 39800 | 39600 | 40000 | 40100 ----------------------------------------- SELL | < 39450 | 39550 | 39300 | 39200 +++++++++++++++++++++++++++++++++++++++++
NSE:BANKNIFTYShort
by pradipandsuvra
PostMortem on BankNifty Today & Analysis of 16 Mar 2023 Expiry--- NSE:BANKNIFTY showed some strength today, mostly signs of a pause after a breakdown over the last sessions. We opened at 39061 pretty much inline with yesterday's close and quickly started falling to the support zone of 38690. The price action was perfectly aligned with how we traded yesterday, see the highlighted section in cyan color. The reversal appeared at 10.05, but at 09.54 i posted on banknifty minds that "$BANKNIFTY you wont believe but for further selling to continue we need a pull back at 38690 level otherwise the selling momentum will die out soon" The pull back at 10.05 lasted till 11.05 claiming back 1.69% ~ 650pts. This was much more than a pull back, infact we went back into green territory. At 11.03 i posted this in bank nifty minds "$BANKNIFTY now if the bearish momentum is intact we shouldnt cross the recent swing low on the upside" The logic being the swing low of yesterday's session would form an interim resistance or a zone where the short sellers may abandon their position at no loss. This prediction also magically came true today. We fell 1.27% ~ 498pts from the first HOD formed. And the bottom was formed at near the support level.  What happened from 12.35 to 14.25 was something not in my expectations. I couldnt really believe the strength NSE:BANKNIFTY showed to gain 1.59% ~ 617pts. I was looking at the charts of NSE:HDFCBANK , NSE:SBIN and NSE:ICICIBANK and could not really correlate the factors that aided in the rise. I was hoping that the support level of 38690 will be broken today, i had 2 put debit spreads that went to zero because of my wrong assumptions. 38400/38300 PE at around 12.00 and then naked PE buy of 39000 by 14.45. The weekly expiry would have led to some legitimate price manipulations but the show of strength by banks was not something i expected even by the fundamentals. --- 15mts chart shows 2 contradicting chart patterns 1. Double bottom (W pattern) formed at support zone 2. Lower low, lower high formation when the chart from 13th also included. --- 1hr TF is still bearish, the support may not have broken today. Maybe NSE:BANKNIFTY needs to catch some breath before the next move ! To view all 8 charts in today's discussion visit viswaram. com
NSE:BANKNIFTY
by viswaram
PostMortem on BankNifty Today & Analysis of 15 Mar 2023Nifty bank has not fallen enough, we have not even scratched the surface yet. The pace at which global banks are going insolvent - the real fear has not hit India yet ! Traders, investors & public are just cool here, look at the India VIX - we are still at 16.29% compared with US VIX of 27.2% ~ it means we are trading with 67% lower volatility. Now - the reason i brought this up is to correlate this data to the important support that NSE:BANKNIFTY broke this week. Further trades may pick up huge momentum & the speed at which things happen - we may not even have time to think. Let alone using a calculator & assessing the payoff chart of an option strategy. Coming back to the main topic, NSE:BANKNIFTY would have trapped you on the long side today. You might have seen the SP:SPX , NDQ and TVC:DJI perform fantastically overnight and thought NSE:BANKNIFTY is going to the moon ! It should have, the only reason it did not according to me is because we are below the range breakdown level. An important support that gave away yesterday is a big deal, esp after a long 45 to 46 day consolidation. So the upmoves if any should be traps. Open was gap up at 39777 and we had 2 legs of fall today. The first leg of 1% ~ 399pts fall between open to 10.50 and the 2nd leg of 1.93% ~ 766pts between 11.30 to 15.15.  The second leg was more furious, that may be because of the resistance rejection between 11.10 to 11.30. The rejection would have given the bears more conviction to go all-in. Also the small pull back helped pump up the premium & thereby making it easy for new CE credit spreads. Yesterday's swing low is taken out today - and to an extent we can say that the 39742 support is safely broken. I am not sure if its relevant, but i found it fishy. There was a 1.27% ~ 498pts rally yesterday 12.00 to 12.30. This would have been the longs taken for the Finnifty expiration tuesday. I am not saying its a manipulation - but this would have given false indicators for the trend. Most of them would have believed that we have hit the interim bottom. This along with today's gap up would have urged them to go long. --- 15mts showing conclusive evidence of bearish pattern as the resistance zone is rejected. --- 1hr TF - cannot really believe all the candles today were RED ! We can look forward to further downside moves as to a certain level of confidence i can say 39742 is broken. The breakdown is confirmed after a range formation over the last 47 days. to view all 6 charts in today's discussion visit viswaram. com
NSE:BANKNIFTY
by viswaram
#HDFC Looking good for today 15 mar 23#hdfc... ✅▶️ ⛳️⛳️⛳️⛳️⛳️⛳️⛳️⛳️⛳️ Intraday as well as swing trade 🔷All levels given in charts ... we provide stock as well as option level over their 🔷 IF good potential seen then we work in options also 🔷 if activate then possible a huge movement Keep eye on this ... 🔷We take trade only when it activates... 🔻🔻🔻🔻🔻🔻🔻🔻🔻🔻 Possible to give good target 👍👍👍👍👍👍👍👍👍 TRADING FACTS
HShort
by trading_facts96