BANKNIFTY Intraday Trade Setup For 11 Aug 2023BANKNIFTY Intraday Trade Setup For 11 Aug 2023
Bullish-Above 44735
Invalid-Below 44625
T- 44980 45290
Bearish-Below 44410
Invalid-Above 44520
T- 44170 43907
BANKNIFTY has closed on a bearish note with 0.76% cut. Yesterday closed on a bullish note although there was slight cut. It was discussed that 44700 zone will act as a support zone in case of a gap down. It worked perfectly, giving us 250+ points bounce. Later there was total volatility due to RBI event. Tomorrow on flat opening above 44610 there can be some small bounce however buy level is 44735. Same goes for downside, on a flat opening below 44410 we will get a trendy move.
Coming to Thursday's trade setup, if index opens flat and a 15 min candle closes above 44735 then we will long for the target of 44980 and 45290.
For selling we need a 15 Min candle close below 44410. T- 44170 and 43907.
In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range. Trade on this range breakout.
Niftybank
BANKNIFTY Intraday Trade Setup For 10 Aug 2023BANKNIFTY Intraday Trade Setup For 10 Aug 2023
Bullish- Above 44925
Invalid-Below 44815
T- 45140 45355
Bearish- Below 44530
Invalid-Above 44640
T- 44250 44000
BANKNIFTY has closed with a minor cut of 0.19% today, but it closed on a positive sentiment as it has formed a Pin bar candle in daily TF. It opened flat and sell triggered as per setup and first target was achieved. If it sustains above 44925 then we can expect good bullish momentum tomorrow. in case it tests 44715 then it can act as a support. While we have to wait for the breakout of 44530 for a trendy short.
Coming to Thursday's trade setup, if index opens flat and a 15 Min candle close above 44925 then we will long for the target of 45140 and 45355.
For selling we need a 15 Min candle close below 44530. T- 44250 and 44000.
In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range. Trade on this range breakout.
9 Aug to next Month By Professional BankNifty Option Players🤑✔#We Make Only Profit.
Live market at 8 Aug we see the Inverted head and shoulder everyone thinking is same everyone take call or short Put (Me also)
But enter when market Break 45100 line and Green Candle close at 15 min time Frame So we can achieve 45400 Target Easily.
But 2nd Target(45700) is Not Sure to Hold or Enter because Market is Going Down Side for long time at least more then 1 month so i m very happy to buy put when Good down trend is start .
Q- why market go down side i know lot of people think ?
Ans - But if you watch 4 hour or 1 day Chat you see head and shoulder pattern that mean if market go down after touch 45400 or 45700 and Break 44500 with Big Red Candle and close also You can enter in Put side or Sell Call.
You can achieve More then 1600+ Point Easily in Banknifty Downside Target is 42980.
But you can Exit if you see your Expire is close or Exit 43300 at-least .
ALL THE BEST EVERYONE I HOPE YOU LIKE MY VIDEO🙏😃
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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 intraday options can be a great way to benefit from short-term market fluctuations and make quick money. Before you dive headfirst into the fast-paced world of intraday options, it's important to have a sound strategy with an understanding of risks and rewards.
The long black candlestick is 'the mother' and the small candlestick is 'the baby'. The smaller the second candlestick, the stronger is the reversal signal. The shadows of the second candlestick do not have to be contained within the first candle's body.
Which candle is best for option trading?
Here are the top 5 candlestick patterns that traders must know:
Doji. The Doji pattern is formed when the Open Price and Close Prices are the same or almost the same, and there is Low and High Price, so the candle has nearly nobody with a lower and upper wick. ...
Hanging Man. ...
Hammer. ...
Morning Star and Evening Star.
Technical analysis and options trading can go hand in hand. Many of the best practices for options trading come directly from technical analysis concepts. Technical analysis focuses on price. Fundamental analysis does not solely focus on price.
RBI Forex Reserve Grow is this Good or Bad ?
1st 140 Billion loss hua hai or ab 20 Billion Grow hua hai to hai to abi bhi loss mai
Gover..t abi losss mai hai
Banknifty future chart analysis for 09-08-2023As you can see here that price again closed at median line , but bollinger bands
are very narrow so there is a chance of breaking out or breaking down .
Whether it goes above 45168 or below 44920 in both condition you may see a burst.
if it goes below 44920 , then it may take support on 44789, going below of 44789,
it may go much lower side and may cross paas 44628.
if it goes above 45168, then it may easily to the level of 45423,
BANKNIFTY Intraday Trade Setup For 09 Aug 2023BANKNIFTY Intraday Trade Setup For 09 Aug 2023
Bullish-Above 45100
Invalid-Below 44990
T- 45355 45613
Bearish-Below 44880
Invalid-Above 44990
T-44585 44250
BANKNIFTY has closed on a slight bullish note with 0.28% gain today. It was yet another day of consolidation. Since last 3 sessions index has been trading without momentum. It has been contracting since last few days and this usually happens before any start of a big move. Tomorrow whichever side it trade gets triggered follow 10 o'clock range breakout along with that. Important levels are 45100 and 44880 for tomorrow's session.
Coming to Wednesday's trade setup, if index opens flat and a 15 Min candle closes above 45100 then we will long for the target of 45355 and 45612.
For selling we need a 15 Min candle close below 44880. T- 44585 and 44250.
In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range. Trade on this range breakout.
BANKNIFTY Intraday Trade Setup For 08 Aug 2023BANKNIFTY Intraday Trade Setup For 08 Aug 2023
Bullish-Above 45015
Invalid-Below 44905
T- 45290 45612
Bearish-Below 44770
Invalid-Above 44880
T- 44510 44279
BANKNIFTY has closed on absolute flat note. Last day it was discussed that index has created a a bit big range which was 45120 44590. It was said that it is no trading range till breakout happens. Result is in front of us, it was total sideways and noisy inside the range. Nothing triggered as per trade setup. Today it has consolidated in a tight range of 240 points. Will simply trade on this range breakout.
Coming to Tuesday's trade setup, if index opens flat and a 15 Min candle closes above 45015 then we will long for the target of 45290 and 45615.
For selling we need a 15 Min candle close below 44770. T- 44510 and 44279.
In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range. Trade on this range breakout.
Bank Nifty future chart analysis for 07-08-2023As you can see here that price closed just above standard deviation one
and above median line , in between strong resistance and strong support
high chance that price may go in a broader sideways.
But if price crosses above 45097 than you may see a good upmove till 45283,
45283 is a strong resistance , if price retraces from here than it can again reach
to the level of 44851, crossing above 45283 may push price much higher.
If price breaks again median line means 44851 than it may reach much lowerside and
may achieve both the targets very easily.
BANKNIFTY Intraday Trade Setup For 07 Aug 2023BANKNIFTY Intraday Trade Setup For 07 Aug 2023
Bullish-Above 45120
Invalid-Below 45010
T- 45441 45733
Bearish-Below 44590
Invalid-Above 44700
T- 44279 44000
BANKNIFTY has closed on a bearish note this week with 1.29% cut. In the last weekend it was discussed that index is sell on rise as per the hourly TF as it broke important swing low of 45620. A sign of reversal in the hourly TF as per the Friday bounce can be above 45120. Important level for downside in hourly TF is 44270. Intraday range for next session is a bit big, 45120 and 45590 being important level. Inside this range it is no trading zone.
Coming to Monday's trade setup, if index opens flat and a 15 Min candle closes above 45120 then we will long for the target of 45441 and 45733.
For selling we need a 15 Min candle close below 44590. T- 44279 and 44000.
In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range. Trade on this range breakout.
BANKNIFTY Intraday Trade Setup For 04 Aug 2023BANKNIFTY Intraday Trade Setup For 04 Aug 2023
Sell_1- From 44890
Sl-45000
T- 44600 44300
Sell_2- Below 44270
Sl-44380
T- 44000 43750
BANKNIFTY has closed on a bearish note once again with more than 1% cut. Sell triggered as per trade setup below 44720 and hit almost both the targets (44720-44280). Tomorrow we if there is a gap up opening near 44890 then we will short from there once again, one can take 5 Min candle low as trigger. If sell triggers below 44270 tomorrow and it reverses by making a morning star in 15 Min TF or the 10 o'clock range breakout happens in the upside then only we will consider buying.
Coming to Friday's trade setup, if index opens flat and a 15 Min candle closes below 44270 then we will short for the target of 44000 and 43750.
2nd sell position will be considered from 44890. T- 44610 and 44300.
In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range. Trade on this range breakout.
Banknifty future chart analysis for 04.08.2023As you saw that price did not took support at median line and
also broke standard deviation 1, if price goes below cuurent low
you may see another burst in bollinger band . burst within burst in
same side will pull down price to deep lower side.
if price goes below 44597 , then you can see a good down move till 44179, but
one special support level you have to keep in your the level 44473, price
may take sudden bounce from here.
Above -44893 , you may see new long positions and bitten down buying , which may later
again fall. 45069strong resistance area above it price will achieve its full target.
BANKNIFTY Intraday Trade Setup For 03 Aug 2023BANKNIFTY Intraday Trade Setup For 03 Aug 2023
Bullish-Above 45135
Invalid-Below 45025
T- 45410 45687
Bearish-Below 44720
Invalid-Above 44830
T- 44467 44215
BANKNIFTY has closed on a bearish note with 1.31% cut today. It opened with a big gap down today and it was sustained. All sell targets were hit although 10 o'clock range was valid as per analysis in today's market It was a big gap down day. 10 o'clock range broke downside below 45260 and last swing high was near 45350, around 90 points risk. It gave a trendy move till 44721. In the weekend it was said that it is sell on rise bcs it broke hourly swing low of 45620.
Coming to Thursday's trade setup, if index opens flat and a 15 Min candle closes above 45135 then we will long for the target of 45410 and 45687.
For selling we need a 15 Min candle close below 44720. T- 44467 and 44215.
In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range. Trade on this range breakout.
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Technical analysis and options trading can go hand in hand. Many of the best practices for options trading come directly from technical analysis concepts. Technical analysis focuses on price. Fundamental analysis does not solely focus on price.
RBI Forex Reserve Grow is this Good or Bad ?
1st 140 Billion loss hua hai or ab 20 Billion Grow hua hai to hai to abi bhi loss mai
Gover..t abi losss mai hai
Bank Nifty future chart analysis for 02-08-2023Price again closed near median line , there is high chance that price will not move properly.
but if goes down below 45618, then you may see a burst and a good downside move.
Special level is 45673, below it price may go down much lower.
if price goes above 45856, then it may easily reach to the level of 46007, 46007 is a super
strong resistance , price may go down heavily from here. but if it crosses above 46007,
and stay s above it for few minutes than you may see a new upmove.
BANKNIFTY Intraday Trade Setup For 02 Aug 2023BANKNIFTY Intraday Trade Setup For 02 Aug 2023
Bullish-Above 45640
Invalid-Below 45530
T- 45905 46135
Bearish-Below 45470
Invalid-Above 45580
T- 45240 44950
BANKNIFTY has closed with a minor cut of 0.13% today. Buy triggered as per trade setup which hit sl. However 10 o'clock range broke before that and this gave 180+ points gain if considered. Since last 3 sessions index is in contraction mode. We have a tight range for tomorrow's session also. 45640 and 45470 are important levels for tomorrow's session. High probability trade looks in sell side if triggers.
Coming to Wednesday's trade setup, if index opens flat and a 15 min candle closes above 45640 then we will long for the target of 45905 and 46135.
For selling we need a 15 min candle close below 45470. T- 45240 and 44950.
In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range. Trade on this range breakout.
Banknifty future chart analysis for 01-08-2023Travelling above 45969, it may easily reach to its full target of 46213, in between
46076 is super strong
resistance.
Semi burst bollinger band , 45785 is an important level , if price remains
above it and crosses standard deviation 2 , then you can take it as full fledge
burst of bollinger band, and it may go much higher along side standard deviation3.
if price goes below 45785, then there will be very little chance to take support on Median line
it may go down to 45464, in between 45588 is a strong support.
BANKNIFTY Intraday Trade Setup For 01 Aug 2023BANKNIFTY Intraday Trade Setup For 01 Aug 2023
Bullish-Above 45700
Invalid-Below 45590
T- 45901 46135
Bearish-Below 45470
Invalid-Above 45580
T-45240 44950
BANKNIFTY has closed with positive gain today of 0.4% today. Buy triggered as per trade setup above 45530 and gave 150+ points gain, although our expected target was not met and it closed. It has formed an inside candle in daily TF which is a sign of contraction. 45730 and 45230 is the broader range as per the inside candle. Above 45700 if sustained then it can test 45935 and above which 46135. It will be bearish below 45470.
Coming to Tuesday's trade setup, if index opens flat and a 15 Min candle closes above 45700 then we will long for the target of 45900-35 and 46135.
For selling we need a 15 min candle close below 45470. T- 45240 and 44950.
In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range. Trade on this range breakout.
Nifty Bank | Support & ResistanceSupport and resistance, the elemental bedrock of markets, guide our journey through chaos. Understanding their significance is vital.
I am explaining how Nifty Bank behaved in previous days with reference to Support and resistance.
You can see how beautifully and powerfully it has worked.
BANKNIFTY Intraday Trade Setup For 31 Jul 2023BANKNIFTY Intraday Trade Setup For 31 Jul 2023
Bullish-Above 45530
Invalid-Below 45420
T-45805 46115
Bearish-Below 45230
Invalid-Above 45340
T-44949 44725
BANKNIFTY has closed on a slight bearish note with 1.32% cut last week. Index can give a pullback as down move but for that we have to wait patiently till a bearish price structure is established in daily TF. Also in hourly TF it is bearish, invalidation till a reversal sign is spotted. So its sell on rise till then. Reversal (M) structure has to be followed in 5 and 15 Min TF in the up moves. 45530 and 45230 are important level to look for breakout in tomorrow's session.
Coming to Monday's trade setup, if index opens flat and a 15 Min candle closes above 45530 then we will long for the target of 45805 and 46115.
For selling we need a 15 Min candle close below 45230. T- 44949 and 44725.
In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range. Trade on this range breakout.
Banknifty future chart analysis for 31.07.2023Lookslike a sideways, squeeze in bollinger band.it may take long time to
burst, may be in last one hour of monday or in tuesday. Whenever market closes near median
line, it remains sideway first half of the day in next trading day. and then it gives nice moves to bursted side. gap up and gap down not considered.
if price goes above 45807, after breaking sideways or after spending some times below 45807, then it will reach 46010, 46010 is a super strong
resistance zone price may retrace from here to reach again median line.if price crosses above 46010 then it will easily achieve 46209.
if price goes below 45524 after breaking sideways then or after spending some time over 45524 then it cas esily reach to the level of 45141.
Bank Nifty future chart analysis for 28.07.2023Analysis - 1.if crosses over 45812 then it may easily reach to the
level of 45989 (strong Resistance), if crosses over 45989 then it may
reach 46155 (Little Difficult).
2. If it crosses its current low then high chance is there that it will
travel alongside with standard deviation 3 and achieve all levels in
downside.
BANKNIFTY Intraday Trade Setup For 28 Jul 2023BANKNIFTY Intraday Trade Setup For 28 Jul 2023
Sell-From 46060
Invalid-Above 46170
T- 45775 45570
Bearish-Below 45570
Invalid-Above 45680
T- 45227 44890
BANKNIFTY has closed on a bearish note with 0.83% cut today. It has formed a bearish engulfing candle in daily TF. Approach will be to sell on rise till it gives a breakout of 46370. Today it opened directly at 1st buy target via gap up. Later 10 o'clock range broke downside below 46175 and gave a trendy move. Meanwhile sell also triggered 45900 and hit 1st target (45575) very smoothly. In case of a gap up tomorrow we will plan for sell near 46060, one can safely do below 1st 5Min candle low.
Coming to Friday's trade setup, if index opens flat and a 15 min candle closes below 45570 then we will long for the target of 45227 and 44890.
2nd sell position from 46060 in case of gap up. T- 45775 and 45570.
In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range. Trade on this range breakout.
BANKNIFTY Intraday Trade Setup For 27 Jul 2023BANKNIFTY Intraday Trade Setup For 27 Jul 2023
Bullish-Above 46100
Invalid-Below 45990
T-46320 46535
Bearish-Below 45900
Invalid-Above 46010
T- 45622 45377
BANKNIFTY has closed on a bullish note today with 0.47% gain today. Buy triggered as per trade setup above 45945 and inched slowly and steadily towards 1st target. Trade gave around 150 points move but the momentum was just too choppy. If it sustains above today's high - 46100 then a possibility of a good upside move is there. Below 45900 it will have a bearish stance. While important level for downside is 45600 in hourly TF.
Coming to Thursday's trade setup, if index opens flat and a 15 min candle closes above 46100 then we will long for the target of 46320 and 46535.
For selling we need a 15 Min candle close below 45900. T- 45622 and 45377.
In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range. Trade on this range breakout.