Get started

Niftybank

Sobha LtdAll important points are marked. 𝐃𝐢𝐬𝐜𝐥𝐚𝐢𝐦𝐞𝐫: 𝐈𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭 𝐢𝐧 𝐬𝐞𝐜𝐮𝐫𝐢𝐭𝐢𝐞𝐬 𝐦𝐚𝐫𝐤𝐞𝐭 𝐚𝐫𝐞 𝐬𝐮𝐛𝐣𝐞𝐜𝐭 𝐭𝐨 𝐦𝐚𝐫𝐤𝐞𝐭 𝐫𝐢𝐬𝐤𝐬, 𝐫𝐞𝐚𝐝 𝐚𝐥𝐥 𝐭𝐡𝐞 𝐫𝐞𝐥𝐚𝐭𝐞𝐝 𝐝𝐨𝐜𝐮𝐦𝐞𝐧𝐭𝐬 𝐜𝐚𝐫𝐞𝐟𝐮𝐥𝐥𝐲 𝐛𝐞𝐟𝐨𝐫𝐞 𝐢𝐧𝐯𝐞𝐬𝐭𝐢𝐧𝐠. 𝐒𝐭𝐨𝐜𝐤𝐬 𝐬𝐮𝐠𝐠𝐞𝐬𝐭𝐞𝐝 𝐢𝐧 𝐭𝐡𝐢𝐬 𝐠𝐫𝐨𝐮𝐩 𝐚𝐫𝐞 𝐟𝐨𝐫 𝐞𝐝𝐮𝐜𝐚𝐭𝐢𝐨𝐧 𝐩𝐮𝐫𝐩𝐨𝐬𝐞. 𝐖𝐞 𝐝𝐨𝐧𝐭 𝐦𝐚𝐤𝐞 𝐚𝐧𝐲 𝐩𝐫𝐨𝐟𝐢𝐭𝐬 𝐟𝐫𝐨𝐦 𝐭𝐡𝐢𝐬 𝐫𝐞𝐜𝐨𝐦𝐦𝐞𝐧𝐝𝐚𝐭𝐢𝐨𝐧𝐬 𝐞𝐯𝐞𝐫𝐲𝐭𝐡𝐢𝐧𝐠 𝐬𝐡𝐚𝐫𝐞𝐝 𝐡𝐞𝐫𝐞 𝐚𝐫𝐞 𝐜𝐨𝐦𝐩𝐥𝐞𝐭𝐞𝐥𝐲 𝐨𝐟 𝐟𝐫𝐞𝐞 𝐨𝐟 𝐜𝐨𝐬𝐭.
NSE:SOBHALong
by sreekumars
The Banking-FMCG-Realty Trifecta Turbocharges Market Growth.Nifty Bank The Bank Nifty is on a strong upward trend, consistently making higher highs and lows. It has recently broken through its previous all-time high while moving within an ascending parallel channel, indicating potential for further gains. Nifty FMCG The FMCG sector is a major player in the market, and with a recent breakout, the index has reached its all-time high. The price action indicates bullish momentum, suggesting it could continue to rise. Nifty Realty While the overall trend is positive, the realty sector has struggled to make a significant impact in recent months. However, a bullish Pole & Flag pattern has appeared on the chart, signalled a possible continuation of the upward trend. A recent breakout shows the index is active again.
NSE:BANKNIFTYLong
by GoodluckCapital
#BANKNIFTY - 20TH SEPTEMBER Support and resistance are key concepts in technical analysis used to identify potential price levels where assets may reverse or stall. Support: - Definition: [i ] A support level is a price point where buying interest is strong enough to overcome selling pressure, preventing the price from falling further. - Indicators : Support levels can be identified through historical price data, trend lines, or moving averages. - Behavior : When a price approaches support, it may bounce back up. If broken, it can become a new resistance level. Resistance : - Definition : A resistance level is a price point where selling interest is strong enough to overcome buying pressure, preventing the price from rising further. - Indicators : Similar to support, resistance levels can be identified through past price action, trend lines, or moving averages. - Behavior: When the price approaches resistance, it may retreat. If broken, it can turn into a new support level. Importance : - Trade Decisions : Traders use these levels to make buy or sell decisions, set stop-loss orders, and identify potential profit targets. - Market Psychology : Support and resistance levels reflect market sentiment and the balance between supply and demand. Understanding these concepts can enhance trading strategies and improve decision-making.
NSE:BANKNIFTYLong
by thetradeforecast
1
BANKNIFTY Intraday Trade Setup For 4 Sep 2024BANKNIFTY Intraday Trade Setup For 4 Sep 2024 Bullish-Above 51750 Invalid-Below 51640 T- 52260 Bearish-Below 51250 Invalid-Above 51360 T- 50735 BANKNIFTY has closed on a bullish note with 0.49% gain today. After 2 days of complete rangebound market it gave a breakout in the bullish side today. In the weekend itself we discussed that index is heading towards 52k zone after breakout of 50800 in daily TF. Tomorrow 52k can be achieved after that one should trail to ride till 52260 zone. Downside level looks a bit far so maintain non-directional approach between 51800 and 51250. Coming to Wednesday's trade setup, if index opens flat and a 15 Min candle closes above 51750 then we will long for the target of 52260. For selling we need a 15 Min candle close below 51250. T- 50735. 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.
NSE:BANKNIFTY
by Omahto
BANKNIFTY Intraday Trade Setup For 3 Sep 2024BANKNIFTY Intraday Trade Setup For 3 Sep 2024 Bullish-Above 51600 Invalid-Below 51490 T- 52000+ Bearish-Below 51250 Invalid-Above 51360 T- 50735 BANKNIFTY has closed on a flat note once again with slight gain of 0.17% gain today. Index is just sideways with spikes. Till now index has not gained momentum. It is just momentum less. VIX needs to rise above 15 or else it will become hell for directional traders. 51600 and 51250 are intraday levels for tomorrow. Coming to Tuesday's trade setup, if index opens flat and a 15 Min candle closes above 51600 then we will long for the target of 52k+. For selling we need a 15 Min candle close below 51250. T- 50735. 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.
NSE:BANKNIFTY
by Omahto
BANKNIFTY Intraday Trade Setup For 2 Sep 2024BANKNIFTY Intraday Trade Setup For 2 Sep 2024 Bullish-Above 51470 Invalid-Below 51360 T- 51850 Bearish-Below 51250 Invalid-Above 51360 T- 50770 BANKNIFTY has closed on a slight bullish note with 0.82% gain today. After breakout of 50800 on 22 Aug , it was discussed that index is approaching 52k in the coming days. We have reached 51466 and rest can be gained this week. Overall index is volatile and sideways. Directional move with momentum is still void. 51470 and 51250 are intra levels for tomorrow. Coming to Monday's trade setup, if index opens flat and a 15 Min candle closes above 51470 then we will long for the target of 51850. For selling we need a 15 Min candle close below 51250. T- 50770. 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.
NSE:BANKNIFTY
by Omahto
BANKNIFTY Intraday Trade Setup For 30 Aug 2024BANKNIFTY Intraday Trade Setup For 30 Aug 2024 Bullish-Above 51410 Invalid-Below 51300 T- 51960 Bearish-Below 50930 Invalid-Above 50040 T- 50390 BANKNIFTY has closed once again on a flat note. It was clearly that we will keep non-directional approach inside our buy sell levels. Outlook worked but today was volatile one inside range. Since last 3 sessions index is stuck between 51400 and 50900. Breakout needed for a directional view or else will keep non-directional approach till breakout happens. Coming to Friday's trade setup, if index opens flat and a 15 Min candle closes above 51410 then we will long for the target of 51960. For selling we need a 15 Min candle close below 50930. T- 50390. 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.
NSE:BANKNIFTY
by Omahto