The Bank Nifty index has been on a roller-coaster ride in the past few weeks, with sudden dips and recoveries. With the expiry of March monthly options coming up tomorrow, traders are eager to find profitable trade ideas. The Bank Nifty is the index that represents the performance of the banking sector in India, comprising of the 12 most liquid and large...
Levels are mentioned in the chart These are broader levels. Im Using this as a framework to understand my Risk::Reward ratio at a given price and Plan my trade Entry / Target / SL. Do your due diligence. Past performance is not a guarantee for future predictions Take care & trade safely...!!!
For expiry trade in finnifty Create ATM short straddle Exit - One side of strategy (if range breakout in 5 candle) Target - Exit trade manually at 3:15 Short position - > Entry - 5 min candle close below 18300 Target 1 - 18250 Target 2 - 18200 Long positon - > Entry - 5 min candle close above 18480 Sl - low of breakout 5 min candle Target - 18550
Target 1) CE- 42560/42700 2)PE-42350/42070/42920 Check 4hr time frame and look at candles -Mostly Red candle to be expected - Looks Good to buy PE...... 4 2350 works as support and resistance - Considering this level take entry in market. NSE:BANKNIFTY
banknifty for expiry watch this levels wait for levels and retest
Consolidating near 43400 levels for somedays now. Any closing in 1HR above 43500 will provide a rally upto 44000-44150 Post-entry, can keep SL of any closing in 1HR below 43300. 43200 CE @ 380-390, Should have a good value if the setup is triggered
There is a possibility of breakout in upside in FinNifty as it has already broke the bearish trend line and taking support of bullish trend line, currently it is trading above the neckline support. One can go bullish once it starts trading above 19100-19110 levels, target would be 19300. The above analysis is only for education and research purpose
Dear All, As discussed early in the morning I am sharing an update of my trade. I have taken 42900 PE at 46.21 with the view of Hero or Zero. minimum target is double then where ever it reach. when it will reach to 95 my TSL will take place at 70.
Glad yesterday’s short call worked on bank nifty — read here. The price action formed today is an extension of what was happening yesterday. Apart from the big opening red candle — the rest of the movement is in continuation. Price action of bank nifty index in 5mts chart Speaking of the first candle — it was a story by itself. Gap up opening at 41472 also...
Trade with Support & Resistance Levels Support Zones For Nifty Expiry Day Trading First Support Zone For Nifty – 17607 – 17615 Second Support Zone For Nifty – 17538 – 17550 Third Support Zone For Nifty – 17467 – 17476 Resistance Zones For Nifty...
NSE:BANKNIFTY important target levels on both sides for tomorrow's expiry day.
Tomorrow Possible Trade in Nify50 Resistance Zone 1 - 17636 - 17625 Resistance Zone 2 - 17685 - 17698 Resistance Zone 3 - 17777 - 17765 Support Zone 1 - 17487 -...
The index has found support near 17300 and there seem to be a hesitation from the market participants to take the index above 17800 in the short term. We expect a decisive move giving directional clarity only if the index manages to close above 17860 or below 17440. Today being expiry, the index can remain range bound. Trading at the boundaries, expecting mean...
For nifty 50 = 17630-635 is a level where price rejected multiple times, so if price price gives a breakout at 5 min. chart, one should buy call option. Reasons for continuation- 1. From last two days there is no directonal move so it may 2.Monthly expiry ( I have...
I daily make educational content videos on financial markets
#banknifty expiry special:- Breakout Restest:- 34,722 20 DMA:- 34,648 PRZ:- 34538.00 Use the GREEN area to go long, the structure is OK, still, I don't see any issues. #elliottwave #nifty50 #stoackmarket
Nifty Intraday Level Trade level by level.......................................................................................................
Falcon Analytics Outlook Bank Nifty for the week (May 23 – May27) Technically on the daily charts we see major support on the downside for BankNifty index lies at 32955 levels, whereas major resistance on the upside is capped around 35000 levels. If BankNifty index breaches minor support on the downside and closes below it, we may see fresh break down...