BANKNIFTY Intraday Trade Setup For 16 May 2022
Buy-Above 34000
Sl-33900
T-34200 34350
Sell-Below 33000
Sl-33100
T-32800 32400
BANKNIFTY closed in a negative sentiment on Friday. Fell from our sell level- 34000. It is a psychological resistance level. Still approach is sell on rise. Its in downtrend across all TFs. Now, the important support is 33000. Break...
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...
NSE:BANKNIFTY
Trade Setup for 16-05-2022
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...
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...
NSE:BANKNIFTY
Trade Setup for 13-05-2022
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...
BANKNIFTY Intraday Trade Setup For 13 May 2022
Sell_1- From 34000
Sl-34100
T-33800 33500
Sell-Below 33290
Sl- 33400
T- 33000 32700
BANKNIFTY has closed with more than 1100 points cut. It opened opened with a very big gap down. PDL was broken in the 1st 5 Min. 10 o'clock range shifted below 33800 and gave a massive downside move till 33300. No reversal was...
India vix and the market movement showing same volatility.
Markets are moving in both direction.
On daily time frame, moving averages are converging and are close together.
Nifty has tested its crucial support of round number 16k.
Market has closed below its resistance level and in gap up and gap down it doesn't matter.
Support :- 16000,15900
Resistance :-...
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...
NSE:NIFTY1!
📊 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 and...
BANKNIFTY Intraday Trade Setup For 12 May 2022
Buy-Above 34800
Sl-34700
T-35000 35300 35500
Sell-Below 34500
Sl-34600
T-34150 34000
BANKNIFTY has made an extreme bullish candle in daily TF ahead of expiry. We have been in a extreme downtrend since a long time. A short covering may take place soon. We had already discussed that the key reversal point is...
Nifty has been trading in a range for last 2 trading sessions.
The moving averages are also narrowing down on daily time frame.
Nifty touched its resistance level of 16400 and fell aggressively in the last trading hour getting market in red.
Support :- 16220, 16000
Resistance ;- 16400, 16480-500
Markets are volatile and range bound.
Wait for the price action...
BANKNIFTY Intraday Trade Setup For 11 May 2022
Buy-Above 34800
Sl-34700
T- 35000 35125
Sell-Below 34400
Sl-34500
T-34200 34000
BANKNIFTY closed 200 points up today. We planned to buy above 34550. It hit our target. Our target was near 34800. As usual made a shooting star at resistance and fell till 34415. Key level for upside reversal is 34800.
Coming to...
![BANKNIFTY: Simple Trade Setup | BANKNIFTY | 16/05/2022 [INTRADAY]](https://s3.tradingview.com/l/lIpkmMzS_mid.png "Simple Trade Setup | BANKNIFTY | 16/05/2022 [INTRADAY]")
![BANKNIFTY: Simple Trade Setup | BANKNIFTY | 13-05-2022 [INTRADAY]](https://s3.tradingview.com/x/xPtOx0Dw_mid.png "Simple Trade Setup | BANKNIFTY | 13-05-2022 [INTRADAY]")
