BANKNIFTY Intraday Trade Setup For 22 Jun 2022 Buy-Above 33600 Sl-33500 T-33800 34000 Sell-Below 33100 Sl-33200 T-32900 32675 BANKNIFTY has closed in a positive sentiment today. As we planned to buy above 32900 in the expectation of a good upside short covering move so has happened. Our final target of 33590 was hit. Then a fall from PRZ-33590 was seen the 2nd...
Nifty has given a nice move but still the trend is bearish. This might be a retracement. A perfect morning star pattern in formed on daily time frame. The markets crossed its hourly 20 ema on smaller time frame (15 minute) and closed between both the EMA’s Support:- 15625, 15530 Resistance:- 15690, 15780 The markets had retested the higher levels. Market can...
After a long holiday, Back in action :-) After a big bullish rally, What next ? Can we go long ? The answer is No. We have one more Gap down pending 15731. Conditions: =========== Condition 1: If market opens flat in between 15579-15672, Then we have to wait either side breakout & then we take position accordingly. Condition 2: If we witness Gap-Up opening, Hold...
Understanding trends through supports and resistances. No change closed at previous level.
Nifty formed an inside candle On daily close. Markets gained in the last hour of trading session The markets consolidated whole day in a narrow trading range. The markets didn’t crossed its hourly 20 ema and traded around its 20 ema on smaller time frame (15 minute). Support:- 15000, 14950 Resistance:- 15530, 15625 Wait for the price action near the levels...
BANKNIFTY Intraday Trade Setup For 21 Jun 2022 Buy-Above 32900 Sl-32800 T-33200 33450 Sell-Below 32500 Sl-32600 T-32300 32100 BANKNIFTY once again consolidated between previous day's trading range. Our levels were tested but trades were not executed as 15 Min candle did not closes above and below our buy and sell level respectively. After a big move index is...
Understanding trends through supports and resistances.
BANKNIFTY Intraday Trade Setup For 20 Jun 2022 Buy-Above 32900 Sl-32750 T-33100 33200 33450 Sell-Below 32480 Sl-32600 T-32300 32100 31900 BANKNIFTY took a pause on Friday and consolidated the whole day in a range. Important resistance for this week is 33800. Important support for this week is 32150.Breakdown of 32150 can lead to more fall in the coming...
BANKNIFTY Intraday Trade Setup For 17 Jun 2022 Sell_1- From 33250 Sl-33350 T-33000 32600 Sell-Below 32530 Sl-32630 T- 32340 32150 BANKNIFTY has formed a big red candle in daily TF. Important support of 33000 was broken decisively. It opened with a decent decent gap at our 1st target and fell from the 1st candle. Meanwhile 10 o'clock range broke downside below...
Nifty from the day high has fallen around 500 points and forming a bearish engulfing candle. Market after touching the resistance level of 15780 dropped sharply. The market couldn’t sustain its support and looks bearish as its next support is far off. Support:- 15125, 14950 Resistance:- 15530, 15625 Wait for the price action near the levels before trading the markets.
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...
Understanding trends through supports and resistances.
BANKNIFTY Intraday Trade Setup For 16 Jun 2022 Buy-Above 33620 Sl-33500 T-33740 33800 Sell-Below 33250 Sl-33350 T-33150 33740 BANKNIFTY has formed an inside candle in daily TF. Closing is absolute flat. It was complete consolidation. Index has been in a range since last 3 days. Broader range is 33800 and 33100. Above and below we can expect a trendy move....
Nifty has formed a hanging man candle and an inside candle. The nifty retested the support of 15690 and closed just near the level. The market couldn’t sustain its intraday moving averages. The range is wide and tomorrow is weekly expiry. Watch for a break out/ down as market can be trending in the second half. Support:- 15690, 15625 Resistance:- 15850,...
COLPAL on a daily time frame is consolidating in a narrow range for last 7 days. The stock is trading below its 200 DMA and a bearish flag pattern is being formed. Though, the stock held on to its hourly 200 ema and consolidated in 6-7 point range while day. Support:- 1500, 1480-85 Resistance:- 1520, 1535 The stock can give a nice move either side. Wait for...
Hello Frinds, Here is Nifty Trade set up as per Price action, Buy Nifty around 16500 to 16350 zone with stop loss of 16100 for the TARGET of 17200. Happy trading.
NSE:BANKNIFTY Trade Setup for 15-06-2022 Most of all the levels and trade setup 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,...
BANKNIFTY Intraday Trade Setup For 15 Jun 2022 Buy-None Sell-Below 33120 Sl-33220 T-32950 32800 BANKNIFTY has formed an inverted hammer in daily TF. It is a sign of pause of the the current downside move. Above 33800 it will be a reversal. In case it terminates its low then the current down move will continue. Coming to tomorrow's trade setup, if index opens...