in the stock we are see a fake breakout. after the breakout stock going up and hit sellers' stoploss and the stock straggling to going up
If price goes above above 44639, then price will easily reach to the level of 44825, 44825 is a strong resistance if price takes resistance here you may see a down move till 44500, crossing above 44825 it may go to the level of 44999. If price goes below 44381, then it may reach to the level of 44222. 44222 is strong support price may bounce back to the level of...
BANKNIFTY Intraday Trade Setup For 29 Aug 2023 Bullish-Above 44615 Invalid-Below 44505 T- 44840 45045 Bearish-Below 44370 Invalid-Above 44480 T- 44100 43825 BANKNIFTY has closed on a bullish note with decent gain of 0.6% today. In the weekend we discussed that index is likely to maintain a sideways momentum till daily range (45000-43600) breaks, so one...
As you can see here that price closed just below the standard deviation one which is 2nd strong support after median line, if price goes above from here and takes resistance from median line you may see a sideways. if price goes below from here and takes support at 44012 you may again see a sideways. if price goes above 44314 , then you may see a steady...
Niftybank trading zone this week #resistance 45000 #support 43700 educational idea only
BANKNIFTY Intraday Trade Setup For 28 Aug 2023 Bullish-Above 44360 Invalid-Below 44250 T- 44631 44950 Bearish-Below 44130 Invalid-Above 44240 T- 43825 43518 BANKNIFTY has closed with slight cut in the last trading session. Last week after sustaining above 44100 in the hourly TF it gave a very fantastic move till 44900. Now if it sustains above 45000 in daily TF...
Nifty has made new low, where banknifty is yet to make. So we can expect a pull back and then can see a new low in Banknifty too
NSE:BANKNIFTY Trade Setup for 28-08-2023 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,...
If price again goes above median line and crosses over 44708, then it will again start new moves upside, but if it takes resistance from median line then it can go downside or in sideways. above 44708 you may see a burst again in bollinger bands.
BANKNIFTY Intraday Trade Setup For 25 Aug 2023 Sell_1-From 44755 Invalid-Above 44865 T- 44500 44280 Sell_2- Below 44430 Invalid-Above 44540 T- 44175 43915 BANKNIFTY has closed on an absolutely flat note today after a big roller coaster ride. After the breakout of our bullish reversal key level- 44100 in hourly TF it gave a very good momentum 44949. Today it...
As you can see the double squeeze , whenever this happens, whether price travels further for two or three more days or retraces back again in second day.
BANKNIFTY Intraday Trade Setup For 24 Aug 2023 Bullish-Above 44525 Invalid-Below 44415 T- 44777 45015 Bearish Below 44340 Invalid-Above 44450 T- 44150 43950 BANKNIFTY has closed on bold bullish note with more than 1% gain today. Since last two sessions index was in a tight range. Also it was updated multiple time that index is trading near key resistance...
BANKNIFTY Intraday Trade Setup For 23 Aug 2023 Bullish-Above 44155 Invalid-Below 44045 T- 44350 44550 Bearish-Below 43930 Invalid-Above 44040 T- 43717 43500 BANKNIFTY has closed on an absolute flat note today. It was total sideways in today's market. Since last day it is juts chilling at 42K. Index traded within 200 points range the whole day. Momentum was good...
#HDFCBANK #BANKNIFTY #NIFTY50 #NIFTY #SENSEX #TATA Intraday trading involves buying and selling options within the same trading day, rather than holding them for an extended period. By adopting this approach, traders can make profits by capitalizing on the short-term price movements of the underlying asset.22-Apr-2023 Is option buying good for intraday? Trading...
BANKNIFTY Intraday Trade Setup For 22 Aug 2023 Bullish-Above 44120 Invalid-Below 44010 T- 44320 44550 Bearish-Below 43940 Invalid-Above 44050 T- 43720 43500 BANKNIFTY has closed on a slight positive note with 0.34% gain today. Last day it was updated that 44100 is an important level for our short position(from 45620). Today after testing the hourly resistance...
Do not go long before price crosses over upside standard deviation one, crossing over above 44075, you may again see a beaten down buying situation which may push price further ahead, follow levels. As you can see Banknifty future was closing near Median line from last five trading days , this is the first time it closes below downside standard deviation one...
BANKNIFTY Intraday Trade Setup For 21 Aug 2023 Bullish-Above 43960 Invalid-Below 43850 T- 44238 44479 Bearish-Below 43760 Invalid-Above 43870 T- 43500 43239 BANKNIFTY has closed on a slight bearish note last week with 0.79% cut. Since the break of 45620 we have been in selling mode and each week it has been explained that index is sell on rise. Also probable...
Niftybank tradin area for this week can be #support 43600 #resistance 44500 educatinal idea only