BankNIfty's route=map for 29th MarchAs have mentioned in my previously published chart, there is a bullish cypher was created. In yesterday session CD leg has extended more till 35016 and price given a quick & clear up-side move after taking support. as price has reached to 38.2% level of fibo. So, now price can reverse from any of further levels.
According to my prediction, price can hit to 50%-61% level in today's session. Most chances are that a reversal can be seen from 35900-36100.
Please have a look into the chart to get all details, have tried to draw everything as much need to do.
# Always wait for candle closing before taking entry in a Trade. Only take entry in running candle, If having enough confidence with Entry Level as well as the candle start crossing previous candle's High.
If agree with the Study, then Please LIKE....
HAVE A GOOD GREEN TRADE
Bankniftytrendanalysis
BankNifty road=map for 28th MarchAccording to the Harmonic Pattern, there is a Bullish Cypher pattern has created in BNF chart and as per trading possibility, i have mentioned a buying Level & all possible Targets to trade. Need to be careful on Target 1 as it's a 38.2% Level of fibonacci, can be a reversal point. if the price sustaining then can go for further Targets. Please have a look into the chart for detailing.
The above study has based on harmonic Patterns, Fibonacci levels & Price action.
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BankNifty route=map for 25th marchBanknifty is Trading on a important Support zone. Price has created a bottom and it's a possibility to take a bounce from there in today's session.
In daily chart, BNF has created a ABCD pattern and Exactly the price faced a rejection from 61.8% level. And most of time price retrace till 38.6% level in this situation which is 35000. but it's market, let's see...
Please have a look into the chart, I have tried to mention all possible movements for today's session. Specially, Trend-lines will play more important role than any other thing. will try to share my ideas in live market also.
If found agreed with this study then Please LIKE...
BankNifty route=map for 23rd marchBNF already falling that's why didn't give any level to SHORT. Its open for shorting Before to reach Target 1. Need to be careful around Target 1 because it's 50% level of Fibonacci that's why it would be important. Price can reverse form the same and then the journey will start from C to D leg of Pattern.
Please see the chart once, have tried to mention everything that i found by my study.
If found yourself agreed with this study then please LIKE...
Thank you
BankNifty's route-map for March-22nd As we saw BNF given a good movement in Down-side in first half in Yesterday session. After that it stuck in a range.
There should be a break-down of the same range by Gap-up or Gap-down in tomorrow session opening.
Rest of all, Everything has mentioned on the chart, please have a look.
# All will be same, But There is a condition If BNF opens above 36290 than wait for to price close below the same. Then 1st Target will be 36050. After that, you can see all further Targets on the chart to ride the Down-trend.
# If down-trend keep continue after Target 1 then book profit asap when price touched Target 2 becoz it can be a Reversal Point.
# Up-side trend will only be confirmed when price closed above the Resistance Zone.
This Study is Based on Harmonic Pattern, Fibo-Levels and Price action.
If found this study Helpful, then please LIKE. And for getting ideas in Live Market, can FOLLOW me as well.
BANKNIFTY ANALYSIS FOR 23 MAR 22Hello, banknifty analysis & technical levels for tommrow above: 36,000 index will go upto 37,700 will be resistance (target identified from harmonic xabcd/abcd pattern level 0.786/2.0) & below 35,370 if breaks index will go upto 34,100 will be support.
LOGIC BEHIND TRADE: Index is trading in range (36,000-35,370) breakout & breakdown of range will decide market direction. NSE:BANKNIFTY
BankNifty's route-map for March-21stIn Last two sessions, we saw that BNF taken a gap-up and stuck in a range of 150-200 points. And it becomes difficult to trade in this situation.
In tomorrow session, there can be a gap-up opening. if price opens above the Resistance zone-1 than can go for up-side Targets. but it will be only possible with a strong momentum. Most chances are indicating towards Down-side movement as there are remained less room in upside.
Both Buy & Sell level and their possible targets are mentioned on the chart.
This Study is Based on Harmonic Pattern, Fibo Levels and Price action.
If found this study Helpful than please LIKE....
BankNifty Possible Levels for 16th MarchBankNifty trading around a Resistance zone. Price broke it but couldn't sustained and fall-down quickly in yesterday session.
For tomorrow as global market has taken a good bounce, it seems that BNF can open with a big Gap-up. but the Up-trend will only be confirmed if price crossed & sustained above the resistance zone.
Both side levels and Targets are mentioned on the chart. Always wait for closing the candle before Entry.
This study based on Harmonic Pattern, Fibo Ratios and Price action.
Please LIKE if found it helpful.
Bank Nifty Trade Setup for 16 MARCH 2022Bank Nifty too bounced back from key support of 34800 during the close and managed to close below the next day CPR levels.
We have an inside CPR setup in BN where in we can expect some good movements tomorrow.
As of now the global parameters are hinting a possible gap up opening in Bank Nifty around R1 resistance.
If Previous day high is taken on the upside and sustains we can possibly look for long opportunity for higher targets.
In case of R1 is compromised on lower side and resistance confirmed we can possibly short BN for CPR & previous day close.
Any compromise of PDC we can expect lower targets.
BankNifty Journey till ExpiryHere i am sharing my analysis of BNF that is all Based on Harmonic pattern , Fibo Ratios & Price action. This chart will be Valid till Current weekly expiry.
Tomorrow if BNF opens Gap-Down break the support then Down-trend will be initiated. update further if found necessary.
Everything has mentioned on the chart, Have a look once and if found helpful then LIKE please.
Banknifty-09/03/2022-LevelsHello Traders,
Banknifty-09/03/2022-Levels
----------------------------------------
If Market Opens as a-
GAP-UP: Support of PDH (BUY) – Rejection of PDH (SELL)
FLAT: Support of PDH (BUY) – Rejection of S@1 (SELL)
GAP-DOWN: Support of IMP (BUY) – Rejection of IMP (SELL)
-------------------------------------
Happy Learning and Trading
Rules to fallow...
1) Trade with Strict Stop Loss.
2) Trade with Small Quantity.
3) Take entries based on Support & Resistance Levels.
Please take the trade according to the levels marked, with Risk-Reward.
This is not a Buy or Sell recommendation to anyone.
Take entries after your own analysis.
This is for education purpose and a helping hand to learn trading in market.
NOTE: Trade with Strict Stop Loss. It may or may not hit all levels. So one can book profit / loss at respective level considering how price action works near that level.
I hope you all like my analysis. Follow me to get regular updates.
Please do share your thoughts in comment section.
Please Hit a LIKE , it motivates me to do analysis and do share with your trading friends.
SHORT FORM &FULL FORM
-------------------------------
PDH-> Previous Day High
PDL-> Previous Day Low
IMP -> Important
R@1, R@2,R@3... ->Resistance-Zones
S@1, S@2,S@3... ->Support-Zones
M_S -> Major Support
S_H -> Swing-High
S_L -> Swing-Low
D_T -> Double Top
D_B -> Double Bottom
T_T -> Triple Top
T_B -> Triple Bottom
TF -> Time Frame
BO -> Break-Out
RR -> Risk-Reward
SL -> Stop-Loss
GAP -> The area b/w Previous Day Close and Today Open
Blue Color Text(S@*,R@*)-> Act as Major Support or Resistance-Zones( Be Alert, Chances to Market take Reversals )
Banknifty-09/03/2022-LevelsHello Traders,
Banknifty-09/03/2022-Levels
-------------------------------------
Happy Learning and Trading
Rules to fallow...
1) Trade with Strict Stop Loss.
2) Trade with Small Quantity.
3) Take entries based on Support & Resistance Levels.
Please take the trade according to the levels marked, with Risk-Reward.
This is not a Buy or Sell recommendation to anyone.
Take entries after your own analysis.
This is for education purpose and a helping hand to learn trading in market.
NOTE: Trade with Strict Stop Loss. It may or may not hit all levels. So one can book profit / loss at respective level considering how price action works near that level.
I hope you all like my analysis. Follow me to get regular updates.
Please do share your thoughts in comment section.
Please Hit a LIKE , it motivates me to do analysis and do share with your trading friends.
SHORT FORM &FULL FORM
-------------------------------
PDH-> Previous Day High
PDL-> Previous Day Low
IMP -> Important
R@1, R@2,R@3... ->Resistance-Zones
S@1, S@2,S@3... ->Support-Zones
M_S -> Major Support
S_H -> Swing-High
S_L -> Swing-Low
D_T -> Double Top
D_B -> Double Bottom
T_T -> Triple Top
T_B -> Triple Bottom
TF -> Time Frame
BO -> Break-Out
RR -> Risk-Reward
SL -> Stop-Loss
GAP -> The area b/w Previous Day Close and Today Open
Blue Color Text(S@*,R@*)-> Act as Major Support or Resistance-Zones( Be Alert, Chances to Market take Reversals )
BNF Positional TradeBNF is trading in Very Important zone nowadays. It can go any direction from here. But the chances are continue in downside coz it has already broken 78.6 Fibo level.
Both direction of trade levels with Targets are mentioned in the chart.
Which Trade will be activate that only depends on Support Zone. If one level get Activated then other one will go invalid.
Note: 1- Trade level will only consider activated when Candle gets crossed the level and closed.
2- For Entry or Exit switch to the 1 hour Timeframe.
Banknifty-07/03/2022-LevelsHello Traders,
Banknifty-07/03/2022-Levels
----------------------------------------
If Market Opens as a-
GAP-UP: Support of IMP (BUY) – Rejection of IMP (SELL)
FLAT: Support of IMP (BUY) – Rejection of PDL (SELL)
GAP-DOWN: Support of S@4 (BUY) – Rejection of S@4 (SELL)
-------------------------------------
Happy Learning and Trading
Rules to fallow...
1) Trade with Strict Stop Loss.
2) Trade with Small Quantity.
3) Take entries based on Support & Resistance Levels.
Please take the trade according to the levels marked, with Risk-Reward.
This is not a Buy or Sell recommendation to anyone.
Take entries after your own analysis.
This is for education purpose and a helping hand to learn trading in market.
NOTE: Trade with Strict Stop Loss. It may or may not hit all levels. So one can book profit / loss at respective level considering how price action works near that level.
I hope you all like my analysis. Follow me to get regular updates.
Please do share your thoughts in comment section.
Please Hit a LIKE , it motivates me to do analysis and do share with your trading friends.
SHORT FORM &FULL FORM
-------------------------------
PDH-> Previous Day High
PDL-> Previous Day Low
IMP -> Important
R@1, R@2,R@3... ->Resistance-Zones
S@1, S@2,S@3... ->Support-Zones
S_H -> Swing-High
S_L -> Swing-Low
D_T -> Double Top
D_B -> Double Bottom
T_T -> Triple Top
T_B -> Triple Bottom
TF -> Time Frame
BO -> Break-Out
RR -> Risk-Reward
SL -> Stop-Loss
GAP -> The area b/w Previous Day Close and Today Open
Blue Color Text(S@*,R@*)-> Act as Major Support or Resistance-Zones( Be Alert, Chances to Market take Reversals )
Banknifty-25/02/2022-LevelsHello Traders,
Banknifty-25/02/2022-Levels
----------------------------------------
If Market Opens as a-
GAP-UP: Support of R@2 (BUY) – Rejection of IMP (SELL)
FLAT: Support of R@1 (BUY) – Rejection of PDL (SELL)
GAP-DOWN: Support of PDL(BUY) – Rejection of S@2 (SELL)
-------------------------------------
Happy Learning and Trading.
Rules to fallow...
1) Trade with Strict Stop Loss.
2) Trade with Small Quantity.
3) Take entries based on Support & Resistance Levels.
Please take the trade according to the levels marked, with Risk-Reward.
This is not a Buy or Sell recommendation to anyone.
Take entries after your own analysis.
This is for education purpose and a helping hand to learn trading in market.
NOTE: Trade with Strict Stop Loss. It may or may not hit all levels. So one can book profit / loss at respective level considering how price action works near that level.
I hope you all like my analysis. Follow me to get regular updates.
Please do share your thoughts in comment section.
Please Hit a LIKE , it motivates me to do analysis and do share with your trading friends.
SHORT FORM &FULL FORM
-------------------------------
PDH-> Previous Day High
PDL-> Previous Day Low
IMP -> Important
R@1, R@2,R@3... ->Resistance-Zones
S@1, S@2,S@3... ->Support-Zones
S_H -> Swing-High
S_L -> Swing-Low
D_T -> Double Top
D_B -> Double Bottom
T_T -> Triple Top
T_B -> Triple Bottom
TF -> Time Frame
BO -> Break-Out
RR -> Risk-Reward
SL -> Stop-Loss
GAP -> The area b/w Previous Day Close and Today Open
#banknifty-23/02/2022-#reportHello Traders,
#banknifty-23/02/2022-#report
-----------------------------------------
Opened as a Gap-Up, above our PDH. Market was broken PDH and R@1-Zone then went to IMP-Zone and reversed. Finally closed at above IMP-Zone.
I hope you all like my analysis. Follow me to get regular updates.
Please do share your thoughts in comment section.
Please Hit a LIKE, it motivates me to do analysis and do SHARE with your trading friends.
Simple Trade Setup | BANKNIFTY | 21-02-2022 [INTRADAY]NSE:BANKNIFTY
Observations:
1) On 1day time frame, it faces resistance from 100DMA range.
100DMA is placed at 37765.95 level.
Also, it has been giving closing in the resistance channel since last few days.
Please refer below chart : 1day Time Frame.
-------------------------------------
Trade Setup for 21-02-2022
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 or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
Banknifty Intraday Levels Analysis, 18th FebHello Traders,
Strategy to follow :
1.Sell on Rise near Resistance Level if market Opens Gap Up/Near Resistance Level .
2.Buy on Dips near Support Level if market Opens Gap Down near .
Please take the trade according to the levels marked, with Stop Loss.
This is not Buy and Sell recommendation to any one.
This is for education purpose and a helping hand to learn trading in Market.
I hope you all like my analysis.
Please do share your thoughts into comment section.
Please give a like, it motivates me to do analysis and do share with your friends as well.
BANK NIFTY@14/02/2022-LEVELSHello Traders,
BANK NIFTY@14/02/2022-LEVELS
-------------------------------------------
If Market Opens as a-
GAP-UP: Support of PDH (BUY) – Rejection of PDH (SELL)
FLAT: Support of IMP (BUY) – Rejection of PDL(SELL)
GAP-DOWN: Support of PDL (BUY) – Rejection of s@1 (SELL)
-------------------------------------
Happy Learning and Trading.
Rules to fallow...
1) Trade with Strict Stop Loss.
2) Trade with Small Quantity.
3) Take entries based on Support & Resistance Levels.
Please take the trade according to the levels marked, with Risk-Reward.
This is not Buy and Sell recommendation to anyone.
Take entries after your own analysis.
This is for education purpose and a helping hand to learn trading in market.
NOTE: Trade with Strict Stop Loss. It may or may not hit all levels. So one can book profit / loss at respective level considering how price action works near that level.
I hope you all like my analysis. Follow me to get regular updates.
Please do share your thoughts in comment section.
Please Hit a LIKE , it motivates me to do analysis and do share with your trading friends.
SHORT FORM &FULL FORM
-------------------------------
PDH-> Previous Day High
PDL-> Previous Day Low
IMP -> Important
R@1, R@2,R@3... ->Resistance-Zones
S@1, S@2,S@3... ->Support-Zones
S-H -> Swing-High
S-L -> Swing-Low
D-T -> Double Top
D-B -> Double Bottom
T-T -> Triple Top
T-B -> Triple Bottom
TF -> Time Frame
BO -> Break-Out
RR -> Risk-Reward
SL -> Stop-Loss
GAP -> The area b/w Previous Day Close and Today Open
Banknifty Intraday Levels Analysis, 8th FebHello Traders,
Strategy to follow :
1.Sell on Rise near Resistance Level if market Opens Gap Up/Near Resistance Level .
2.Buy on Dips near Support Level if market Opens Gap Down near .
Please take the trade according to the levels marked, with Stop Loss.
This is not Buy and Sell recommendation to any one.
This is for education purpose and a helping hand to learn trading in Market.
I hope you all like my analysis.
Please do share your thoughts into comment section.
Please give a like, it motivates me to do analysis and do share with your friends as well.
Banknifty Intraday Levels Analysis, 4 FebHello Traders,
Strategy to follow :
1.Sell on Rise near Resistance Level if market Opens Gap Up/Near Resistance Level .
2.Buy on Dips near Support Level if market Opens Gap Down near .
Please take the trade according to the levels marked, with Stop Loss.
This is not Buy and Sell recommendation to any one.
This is for education purpose and a helping hand to learn trading in Market.
I hope you all like my analysis.
Please do share your thoughts into comment section.
Please give a like, it motivates me to do analysis and do share with your friends as well.
Bank Nifty Trade Plan for 02 FEB 2022Bank 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.