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Intraday

BANKNIFTY LEVELS 10/04/2023BANKNIFTY ANALYSIS WITH LOGIC: 1. Considering the new levels if there's flat opening and gets reversal from 41100 level with strong bearish candle. We can short up to 40820 level. 2. If there's gap up opening price may create range boundness in between 41270 - 41100 levels. 3. Maintain proper stoploss while placing trades in options. 4. Remaining will update during live market. 5. Range boundness can be seen during today's intraday session. Have a safe and profitable day.
NSE:BANKNIFTYShort
by ramsaisujan
Simple Trade Setup | BANKNIFTY | 10-04-2023 [INTRADAY]NSE:BANKNIFTY Flip zone: : This zone is such a zone which will work as resistance if price is below it. And it will work as support if price is trading above it. Resistance zone: This zone will mainly work as resistance. Once price sustain above it then it is considered as breakout. Support zone: This zone will mainly work as support. Once price sustain below it then it is considered as breakdown. All other levels between zones are such a level that you can scalp from it , book partial/full profit and also use it as trailing SL. Good trade setup with good Risk reward will be only if we enter from any of zone. ------------------------------------- Trade Setup for 10-04-2023 Most of all the levels and zones remains same as per previous. 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.
NSE:BANKNIFTY
by Trading_hawk
BANKNIFTY LEVELS 06/04/2023BANKNIFTY ANALYSIS WITH LOGIC: 1. If there's flat opening or gap up price will get reversal either 41135 level or 41260 level, if it gets reversal from these levels, we can short up to 40690 level. 2. If those price breaks 41260 level with strong bullish candle, then only will take long position. 3. Maintain trailing stoploss during trade due to options weekly expiry. 4. I will update further information during trading session. 5. Those analysis is only for today intraday session not for long term. Have a safe and profitable day.
NSE:BANKNIFTY
by ramsaisujan
BANKNIFTY LEVELS 03/04/2023BANKNIFTY ANALYSIS WITH LOGIC: 1. Considering new levels, if there's flat opening price will gets reversal from 40690 level upto 40420 level. if there's any rejection from 40420 level with bullish candle then only, we will take long position up to 40690 level. 2. If there's is gap up in price it should from 15m bullish candle above 40690 level and if there's any rejection from 50% of first candle formation. we can take long position up to 41260 level. 3. Nifty is stronger when compared to bank nifty. 4, Maintain trailing stoploss while placing trades.
NSE:BANKNIFTYLong
by ramsaisujan
BANKNIFTY LEVELS 31/03/2023BANKNIFTY ANALYSIS WITH LOGIC: 1. If there's gap up on tomorrow session price should from bullish candle at 40390 level. From that level we can set our targets up to 41300 level. 2. if there's gap down or flat opening we must wait until the price reaches to 39645 level and should retrace from that point so that we can take long positions up to 40390 level. 3. Bank nifty is stronger when compared to nifty. maintain trailing stoploss while placing orders. 4. Don't take any short positions on today intraday session. Have a safe and profitable trading :)
NSE:BANKNIFTYLong
by ramsaisujan
A FEW PARAMETERS TO FILTER STOCKS FOR INTRADAY TRADINGThere are few things to be considered before selecting a stock for intraday such as, 1)Volume 2)Price 3)Mimicking Stocks VOLUME: Always Select a stock which has a high liquidity, which means the stock should have at least average daily volume of above 1 million (10 lakhs). PRICE: Many would not consider this as a important parameter. but it must be considered. Choosing penny stocks for intraday is not a good choice at all. Always prefer stocks trading above Rs.100 for intraday MIMICKING STOCKS: Look for the stocks which move in sync with the index. So when the index moves upward/downward, there is a high possibility for the stock to go up/down similarly. Few such examples are 1)Nifty & Reliance, 2)Bank nifty& HDFC Bank, 3)Nifty IT & TCS. SUMMARY #Make a List of 10 stocks, which have good volume (>10 lakhs) & price above 100 #Try to Pick stocks from F&O category as they are the most liquid stocks & these stocks can't be manipulated easily by the operators. #Make sure the 10 stocks are from various industries. Because if we pick stocks from same industries, they are likely to move in tandem. #As a beginner, one should trade within only those 10 stocks every single day for at least 6 months. The reason behind is, every stock has a certain behaviour of its own & when we trade same stocks for a long time, one will get to know the in & out of the stocks & eventually be better at trading. #Another good reason is, every stock is subjected to move according to its corporate action ( Earnings, AGM, Dividends etc.,) So it becomes easy to pay attention to the news related to a particular company, when we trade very few stocks. SAMPLE 10 STOCKS LIST: Finance 1)SBI 2)ICICI Pharma 3)SUNPHARMA 4)BIOCON Auto 5)MAHINDRA & MAHINDRA 6)TATA MOTORS IT 7)INFY 8)TECHM Fmcg 9)HINDUNILEVER Metal 10)TATA STEEL Disclaimer : These are not rigid rules. All the above said are the things which am using for long time successfully. If you are successful with any other method, please continue that. Happy Profit Making, Divyaa Pugal
Editors' picks
NSE:NIFTYEducation
by Divyaapugal
23
BANKNIFTY LEVELS 29/03/2023BANKNIFTY ANALYSIS WITH LOGIC: 1. Considering the levels if there's flat opening mostly, we can see range bound market in between 39362 - 39690 levels. 2. If there's gap up above 39690 price should form 15m bullish candle at that level, then only we will take long position up to 39960 level. 3. If there's gap down price should reach 39150 level should get reversal from that point then only, we can see strong upside movement upto 39960 level. 4. Maintain trailing stoploss according to your comfort. Have a safe and profitable trading :)
NSE:BANKNIFTY
by ramsaisujan
BANKNIFTY LEVELS 28/03/2023 BANKNIFTY ANALYSIS WITH LOGIC: 1. If there's flat opening and moves downwards price should retest 39130 level should form 15m bullish candle. Then only we will take long positions up to 394645 level by maintaining trailing stoploss. 2. Maximum range boundness can be seen during today intraday session on bank nifty. 3. If there's gap up price should sustain above 39465 level should form 15m bullish candle by retesting the level, then we can take long position up to 39770 level. 4. If trading in options, try to take ITM call options for better edge. Have a safe and profitable day :)
NSE:BANKNIFTY
by ramsaisujan