Niftybank
BANKNIFTY Intraday Trade Setup For 05 Dec 2023BANKNIFTY Intraday Trade Setup For 05 Dec 2023
Buy_1-Above 46490
Invalid-Below 46380
T- 46775 47060
Buy_2- From 45837
Invalid-Below 45727
T- 46160 46500
BANKNIFTY has closed at a record high today with 3.61% mega gain today. Our swing long position which we planned on 27 Nov above 44450 was triggered on 29 Nov. Expected target was a fresh ATH which is met today. In 4 sessions it has given more than 2000 points gain. One can book max gain here and rest trail till bullish price structure is intact in hourly TF. Tomorrow there is a possibility of a pullback. In tomorrow's dip idea will be to long on a bullish reversal price structure in 5 Min TF.
Coming to Tuesday's trade setup, if index opens flat and a 15 Min candle closes above 46490 then we will long for the target of 46775 and 47060.
We will buy from 45840 if tested for the target of 46160 and 46500.
In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range (5MIN). Trade on this range breakout.
==========
I am Not SEBI Registered
This is my personal analysis for my personal trading. Kindly consult your financial advisor before taking any actions based on this.
BANKNIFTY Intraday Trade Setup For 04 Dec 2023BANKNIFTY Intraday Trade Setup For 04 Dec 2023
Bullish-Above 44960
Invalid-Below 44850
T- 45281 45611
Bearish-Below 44750
Invalid-Below 44860
T- 44460 44120
BANKNIFTY has closed on a bullish note last week with 2.39% gain. Last week we discussed that 44450 is an important swing for a upside journey. Till now index has given almost 500 points run. One should trail with PDL on closing basis, below that red candle's low we will exit longs completely. Tomorrow above 44960 we will plan a bullish trade. In case 44750 is broken and bearish price structure in 5 Min TF is established.
Coming to Monday's trade setup, if index opens flat and a 15 Min candle closes above 44960 then we will long for the target of 45281 and 45611.
For selling we need a 15 Min candle close below 44750. T- 44460 and 44120.
In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range (5MIN). Trade on this range breakout.
==========
I am Not SEBI Registered
This is my personal analysis for my personal trading. Kindly consult your financial advisor before taking any actions based on this.
Banknifty Future chart analysis for 04.12.2023As you can see here after a big burst bollinger bands went to short squeeze
if price opens at the same area where it left off and then crosses above 45245
then it can easily cross 45455, and may reach to its final destination of 45654.
if price goes below 44923, the price may take strong support at 44742 and
may bounce back to the level of 45041, but if price goes below to 44742
then we have to understand it that a broader profit booking and price reach to the
level of 44549.
BANKNIFTY Intraday Trade Setup For 01 Dec 2023BANKNIFTY Intraday Trade Setup For 01 Dec 2023
Bullish-Above 44770
Invalid-Above 44880
T- 45080 45345
Bearish-Below 44250
Invalid-Above 44360
T- 43980 43710
BANKNIFTY has closed on a slight bearish note with 0.19% cut today. Now next round of up move will resume above 44770 only. Today it traded between buy and sell level for the whole day. There can be a very good trendy move with momentum above today's high. Below 44250 it will give a downside move. In between it is risky to trade as it be a zoned market between today's high and low.
Coming to Friday's trade setup, if index opens flat and a 15 Min candle closes above 44770 then we will long for the target of 45080 and 45345.
For selling we need a 15 Min candle close below 44250. T- 43980 and 43710.
In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range (5MIN). Trade on this range breakout.
==========
I am Not SEBI Registered
This is my personal analysis for my personal trading. Kindly consult your financial advisor before taking any actions based on this.
Banknifty analysis for Ist December 2023 for educational purposeBanknifty analysis for Ist December 2023 for educational purpose
This video is for educational purpose and my personal view . We are NOT SEBI registered Advisor, we only give the level on our practical trading experience. Kindly take the trade according to your risk and reward position and consulting your advisor. It is advisable to take the advice of SEBI registered advisor.
BANKNIFTY Intraday Trade Setup For 30 Nov 2023BANKNIFTY Intraday Trade Setup For 30 Nov 2023
Bullish-Above 44640
Invalid-Below 44530
T- 44915 45160
Bearish-Below 44300
Invalid-Above 44410
T- 44058 43790
BANKNIFTY has closed on a bold bullish note with more than 1.5% gain today. Important swing high 44450 was broke today. Now index has changed its daily TF structure into bullish. Index looks ready to test 45850 and may be a fresh ATH. Today it opened with gap up above our buy level so 10 o'clock range was to be used. Range broke upside above 44140 and gave a fantastic move till 44630.
Coming to Thursday's trade setup, if index opens flat and a 15 Min candle closes above 44640 then we will long for the target of 44915 and 45160.
For selling we need a 15 Min candle close below 44300. T- 44058 and 43790.
In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range (5MIN). Trade on this range breakout.
==========
I am Not SEBI Registered
This is my personal analysis for my personal trading. Kindly consult your financial advisor before taking any actions based on this.
BANKNIFTY ANALYSIS FOR 30TH NOVEMBER 2023 FOR EDUCATIONAL PURPBANKNIFTY ANALYSIS FOR 30TH NOVEMBER 2023 FOR EDUCATIONAL PURPOSE ONLY
This video is for educational purpose and my personal view . We are NOT SEBI registered Advisor, we only give the level on our practical trading experience. Kindly take the trade according to your risk and reward position and consulting your advisor. It is advisable to take the advice of SEBI registered advisor.
YOUR QUERY -
Trading analysis for tomorrow
Nifty price action analysis
Nifty bank nifty analysis
Nifty option chain analysis for tomorrow
Monday bank nifty analysis
Bank nifty daily analysis
Nifty analysis for tomorrow
Option trading daily analysis
Bank nifty weekly analysis
Bank nifty analysis for Monday
Nifty prediction and bank nifty analysis
Tomorrow market prediction
Nifty open interest analysis tomorrow
Nse option chain analysis
Daily option chain analysis
Nifty option chain analysis for tomorrow
Option chain analysis
Today option chain analysis
Option chain analysis for tomorrow
Nifty trader option chain analysis
Today nifty option trading
Nifty trader option chain analysis
Today nifty opening prediction
Nifty post market analysis
Morning nifty prediction
Bank nifty post market analysis
Banknifty future chart analysis for 29.11.2023as you can see here that all bollinger bands are in narrow upside trajectory and price closed above
standard deviation one,if price takes resistance around 44110 then there will a high chance that
price may go in sideways.
if price crosses above 44110 then you may see a strong current to the upside and
price may easily reach to the level of 44265 and then its full target of 44435.
if price moves downward after opening near same place where it left off then you can go short below 43906,
43851 is a strong support if price breaks down it then you may see weakness in price,and price may easily reach
to the level of 43692 and then 43542.
BANKNIFTY Intraday Trade Setup For 29 Nov 2023BANKNIFTY Intraday Trade Setup For 29 Nov 2023
Bullish-Above 43970
Invalid-Below 43860
T- 44235 44510
Bearish-Below 43800
Invalid-Above 43910
T- 43588 43330
BANKNIFTY has closed on a slight bullish note with 0.26% gain today. Buy triggered as per trade setup above 43810 and gave a small move till 43960. Momentum was really yuck. This dead momentum will continue for this week too. I have already reduced my position sizing for directional trades since last week you should do the same. Till the time Vix starts its journey towards 15, momentum will be dull. 43970 and 43800 are important levels for tomorrow's session.
Coming to Wednesday's trade setup, if index opens flat and a 15 Min candle closes above 43970 then we will long for the target of 44235 and 44510.
For selling we need a 15 Min candle close below 43800. T- 43588 and 43330.
In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range (5MIN). Trade on this range breakout.
==========
I am Not SEBI Registered
This is my personal analysis for my personal trading. Kindly consult your financial advisor before taking any actions based on this.
Banknifty analysis for 29TH NOVEMBER 2023 for educational purposBanknifty analysis for 29TH NOVEMBER 2023 for educational purpose
This video is for educational purpose and my personal view . We are NOT SEBI registered Advisor, we only give the level on our practical trading experience. Kindly take the trade according to your risk and reward position and consulting your advisor. It is advisable to take the advice of SEBI registered advisor.
YOUR QUERY -
Trading analysis for tomorrow
Nifty price action analysis
Nifty bank nifty analysis
Nifty option chain analysis for tomorrow
Monday bank nifty analysis
Bank nifty daily analysis
Nifty analysis for tomorrow
Option trading daily analysis
Bank nifty weekly analysis
Bank nifty analysis for Monday
Nifty prediction and bank nifty analysis
Tomorrow market prediction
Nifty open interest analysis tomorrow
Nse option chain analysis
Daily option chain analysis
Nifty option chain analysis for tomorrow
Option chain analysis
Today option chain analysis
Option chain analysis for tomorrow
Nifty trader option chain analysis
Today nifty option trading
Nifty trader option chain analysis
Today nifty opening prediction
Nifty post market analysis
Morning nifty prediction
Bank nifty post market analysis
@vijayanjum
BANKNIFTY Intraday Trade Setup For 28 Nov 2023BANKNIFTY Intraday Trade Setup For 28 Nov 2023
Bullish-Above 43810
Invalid-Below 43700
T- 44080 44285
Bearish-Below 43580
Invalid-Above 43690
T- 43330 43085
BANKNIFTY has closed with a slight gain of 0.42% last week. Last week it was discussed that index momentum will be complete sideways till Nov monthly candle closes at a good level to trigger any direction. So has happened and so will happen this weak too. Stay cautious for intraday as momentum is dead. Important level is 44450 for an upside trigger and 43200 being the downside trigger level. 43810 and 43580 are important levels for next session.
Coming to Tuesday's trade setup, if index opens flat and a 15 Min candle closes above 43810 then we will long for the target of 44080 and 44285.
For selling we need a 15 Min candle close below 43580. T- 43330 and 43085.
In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range (5MIN). Trade on this range breakout.
==========
I am Not SEBI Registered
This is my personal analysis for my personal trading. Kindly consult your financial advisor before taking any actions based on this.
Banknifty analysis for 28th November 2023 for educational purposBanknifty analysis for 28th November 2023 for educational purpose
This video is for educational purpose and my personal view . We are NOT SEBI registered Advisor, we only give the level on our practical trading experience. Kindly take the trade according to your risk and reward position and consulting your advisor. It is advisable to take the advice of SEBI registered advisor.
YOUR QUERY -
Trading analysis for tomorrow
Nifty price action analysis
Nifty bank nifty analysis
Nifty option chain analysis for tomorrow
Monday bank nifty analysis
Bank nifty daily analysis
Nifty analysis for tomorrow
Option trading daily analysis
Bank nifty weekly analysis
Bank nifty analysis for Monday
Nifty prediction and bank nifty analysis
Tomorrow market prediction
Nifty open interest analysis tomorrow
Nse option chain analysis
Daily option chain analysis
Nifty option chain analysis for tomorrow
Option chain analysis
Today option chain analysis
Option chain analysis for tomorrow
Nifty trader option chain analysis
Today nifty option trading
Nifty trader option chain analysis
Today nifty opening prediction
Nifty post market analysis
Morning nifty prediction
Bank nifty post market analysis
@vijayanjum
BANKNIFTY Intraday Trade Setup For 24 Nov 2023BANKNIFTY Intraday Trade Setup For 24 Nov 2023
Bullish-Above 43650
Invalid-Below 43540
T- 43853 44055
Bearish-Below 43450
Invalid-Above 43560
T- 43230 42948
BANKNIFTY has closed with a slight gain of 0.29% yesterday. Buy triggered above 43510 last day which gave a small move till 43649. It was all sideways yesterday, momentum was dead. Above today's high on a flat opening we ca see a good upside move, so 43650 is very important. Now for a bearish trade 43450 is the level to look for breakout. In between we will be neutral and will avoid any directional anticipation.
Coming to Friday's trade setup, if index opens flat and a 15 Min candle closes above 43650 then we will long for the target of 43853 and 44055.
For selling we need a 15 Min candle close below 43450. T- 43230 and 42948.
In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range (5MIN). Trade on this range breakout.
==========
I am Not SEBI Registered
This is my personal analysis for my personal trading. Kindly consult your financial advisor before taking any actions based on this.
Navigating Bank Nifty: Identifying Trading OpportunitiesBank Nifty
Spot price is around 43,590-600.
Bank Nifty is currently in a no-trading zone, ranging from 43,230 to 43,780.
We will consider taking trades in the direction the price breaks and sustains beyond this range.
Meanwhile, our usual practice continues. We'll short near the resistance of the no-trading zone and buy near the support.
Given the inherent risk in such trades, we manage quantity to control risk effectively.
One more thing, we've identified a small immediate resistance in Bank Nifty at 43,640-50, which may play a role.
Happy Trading!
Banknifty future chart analysis for 23.11.2023As you can see here banknifty taking resistance at standard deviation one,
if price crosses above 43767, which is a strong resistance , then it may
easily reach 43934 and then 44098.
If banknifty crosses below 43490 then it may reach 43326, 43326
is a strong support , if banknifty takes support then it may bounce
back to the level of 43623, if breaks down it then it may reach to
the level of 43165.
Sideways -if takes resistance at 43767,
if takes support at 43490.
BANKNIFTY Intraday Trade Setup For 22 Nov 2023BANKNIFTY Intraday Trade Setup For 22 Nov 2023
Bullish-Above 43780
Invalid-Below 43670
T- 44031 44285
Bearish-Below 43580
Invalid- 43690
T- 43345 43120
BANKNIFTY has closed on a slight bullish note with 0.24% gain today. It opened with a decent gap up and was almost sideways the whole day except the put spike. Best trade looks in long side which can trigger a fast momentum. Below 43660 it will have a bearish stance. 43780 and 43580 are important levels to look for breakout. Both side momentum can be good tomorrow.
Coming to Wednesday's trade setup, if index opens flat and a 15 Min candle closes above 43780 then we will long for the target of 44031 and 44285.
For selling we need a 15 Min candle close below 43580. T- 43345 and 43120.
In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range (5MIN). Trade on this range breakout.
==========
I am Not SEBI Registered
This is my personal analysis for my personal trading. Kindly consult your financial advisor before taking any actions based on this.
Banknifty Future chart analysis for 22.11.2023if price goes above 43918 then it will reach 44091, 44091 strong resistance price may again
retrace down to the level of 43800, but if price goes above 44091, you may see a strong upside
current and price may achieve its full target.
As you can see here, that bollinger bands made a short squeeze , there is a high chance that
it will burst tomorrow, if it goes below 43648, it mat take support at 43564, but if it crosses
down 43564 , you may see weakness in price and it masy reach 43294.
Sideways situations- if price rejects from or near the level of 43918,
if price takes support near or at 43648,
BANKNIFTY Intraday Trade Setup For 21 Nov 2023BANKNIFTY Intraday Trade Setup For 21 Nov 2023
Bullish-Above 43730
Invalid-Below 43620
T- 44015 44285
Bearish-Below 43450
Invalid-Above 43560
T- 43221 42976
BANKNIFTY has closed on a complete sideways note today. Sell triggered as per trade setup below 43510 which hit sl and later ended completely flat. Tomorrow below 43450 if sustained we can see a very good trendy downside move. Daily candle is a neutral doji so both side moves are possible. Above and below its high and
low we have to plan trade the next day. It looks like there will be good momentum whichever side it triggers.
Coming to Tuesday's trade setup, if index opens flat and a 15 Min candle closes above 43730 then we will long for the target of 44015 and 44285.
For selling we need a 15 min candle close below 43450. T- 43221 and 42976.
In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range (5MIN). Trade on this range breakout.
==========
I am Not SEBI Registered
This is my personal analysis for my personal trading. Kindly consult your financial advisor before taking any actions based on this.
Bank Nifty Future chart analysis for 20.11.2023if price goes above 43849 then it may reach 43982 easily, 43982 is a strong resistance and may again go
down to the level of 43688, if it crosses above 43982 the it will easily reach to the level of 44124.
If price goes below 43563, then it may take support at 43386, 43386 is a super strong
support price may bounce back from this area and may reach to the level of 43688,
if price crosses below 43386 they you may see weakness in price and it may go pass
below final target.
BANKNIFTY Intraday Trade Setup For 20 Nov 2023BANKNIFTY Intraday Trade Setup For 20 Nov 2023
Bullish-Above 43880
Invalid-Below 43770
T- 44250 44510
Bearish-Below 43510
Invalid-Above 43620
T- 43221 42975
BANKNIFTY has closed on a slight bearish note last week with almost 1% cut. 44450 is a very important level for a bullish move. Index is bearish till we get bullish price structure in hourly TF. If sustained below 43500 then we will see a good downside move. Next important confluence level is 43300 zone then 42970 will be approached. Above 43750 we will get a bullish signal for intraday however we will buy above 43880.
Coming to Monday's trade setup, if index opens flat and a 15 Min candle closes above 43880 then we will long for the target of 44250 and 44510.
For selling we need a 15 min candle close below 43510. T- 43220 and 42975.
In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range (5MIN). Trade on this range breakout.
==========
I am Not SEBI Registered
This is my personal analysis for my personal trading. Kindly consult your financial advisor before taking any actions based on this.