Today's flat opening in banknifty . After opening if banknifty sustain above 39550 level then expected upside rally upto 300-400 points. and this can extend for further upto 40450 in case banknifty starts trading above 40000 level. Any downside expected below 39450 level.
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...
A nice flag and pole pattern formation in banknifty.
Banknifty has given a nice movement and has crossed the level of 39650 that was a resistance for a long time.
On the hourly time frame, banknifty has formed a flag and pole pattern and there is a possibility of a nice trending market in the coming week.
The box consolidation on the 15 minute time frame is a...
Hi Guys,
Support and Resistance marked with trend line. Either side breakout will give 70-80 points movement.
Note - Please manage risk before taking any position.
plz like,boost,comment to appreciate our ideas
*=============
@@FRIDAY TGT HIT,READY FOR M0NDAY@@
buy #banknifty
Ce above 39600
tgt-39600/40100
sl-39500
buy #banknifty
pe below 39200
tgt-39000/38400
sl-39100
# this setup will work in this weekend or also work whenever in this range
* gap up/down open than we will wait for market settle*
*gap up open than sell...
SGX Nifty indicated a neutral to slightly negative start. Market nature is neutral. If the market breaks below the minor trend line, expect a minor correction. That correction should not break the previous swing high. On the other hand, if the market reverses immediately, it is a sign of a range-bound market.
Today will be slightly gap down opening in banknifty . After opening if banknifty sustain above 39550 level then possible upside rally upto 40000+ level in today's session. In case banknifty trade below 39450 level, it can go upto 39000 level.
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 has shown extreme volatility based on global cues and Mr. Powell's speech and it is very difficult to trade unless you are already on the winning side. General consensus is not clear but bias is bearish for now.
Conviction bearish
Bias bearish
Trade Setup
Long above 39674 Target 39947
Short below 39287 Target 39000
>>Option buying<< (take next week...
Banknifty on the weekly time frame has formed a bullish engulfing candle and took rejection from the recent high forming a double top pattern,
It remained strong as compare to the other index(nifty) and gained 1% this week.
On the daily time frame, market has formed a perfect doji and an inside candle.
The market respected the first hour high and low and...
Zones & Levels are to give you precise entries with good risk reward, hence respect them when you trade it, it may some times get breached and re tested, hence be strict with your stop losses and profit targets.
Banknifty Levels For F&O Live Day Trading
Support Zone 1 - 39080 - 39116
Support Zone 2 - 38883 - 38910
Support Zone 3 - 38702 - 38745
Resistance Zone 1- 36619 - 36599
Resistance Zone - 2 - 37781 -37745
Hi Guys,
Market trading in range from quite some time. Either side breakout will give you good return.
Please keep SL as per your comfort and manage risk before taking any trade.
plz like,boost,comment to appreciate our ideas
*=============
new day >>.new tgt ready for hit
buy #banknifty
Ce above 39450
tgt-39600/40100
sl-39300
buy #banknifty
pe below 39150
tgt-39000/38400
sl-39250
# this setup will work in this weekend or also work whenever in this range
* gap up/down open than we will wait for market settle*
*gap up open than sell...
![BANKNIFTY: [INTRADAY] #BANKNIFTY PE & CE Levels(06/09/2022)](https://s3.tradingview.com/i/I8Yqe2UW_mid.png "[INTRADAY] #BANKNIFTY PE & CE Levels(06/09/2022)")
![BANKNIFTY: [INTRADAY] #BANKNIFTY PE & CE Levels(05/09/2022)](https://s3.tradingview.com/k/kq9PDOQC_mid.png "[INTRADAY] #BANKNIFTY PE & CE Levels(05/09/2022)")
