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...
Nifty on the daily time frame has given a nice hammer candle. On hourly candle it has closed above the 20 ema and closed just below the resistance level of 16200. Market remained bullish in the second half of of the day. The moving averages on 15 minute time frame are close enough. Market has closed above its 20 and 200 ema Support :- 16080, 16000 Resistance...
NSE:BANKNIFTY bank nifty analysis important levels are marked on the chart. please always trade with stop loss to avoid big drawdown. Happy trading & keep learning
NSE:BANKNIFTY Trade Setup for 27-05-2022 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, entry and exit w.r.t price action near that level. 4) Avoid gap up...
Understanding trends through supports and resistances.
BANKNIFTY Intraday Trade Setup For 27 May 2022 Buy_1-Above 35260 Sl-35100 T-35500 35700 Buy_2- From 34800 Sl-34650 T-35000 35200 BANKNIFTY broke the 1 month range and closed 2% up today. Last day we planned to buy above 34800. It hit all intraday targets. It gave a 400 points short covering move above our buy level. Rage has shifted. So approach from here will...
Nifty - market taking 16000 OI support if the market breaks this support then the market will down further, otherwise we will expect little bit pullback there.
Understanding trends through support and resistances.
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...
Nifty has been taking resistance from its 20 ema on daily time frame. Market has been constantly taking resistance from 16400 level. On 15 minute analysis, bearish moving averages divergence is there and market has closed below both the moving averages. Support :- 16000, 15900 Resistance :- 16210, 16400 The markets has in red for last 3 days. Wait for the...
BANKNIFTY Intraday Trade Setup For 26 May 2022 Buy-Above 34820 Sl-34700 T-35000 35200 35500 Sell-Below 34280 Sl-34400 T-34100 34000 33900 BANKNIFTY has closed almost flat for the 3rd consecutive day. Nor Buy and neither sell triggered today. There was only one trade i.e short from resistance- 33700. This trade was smooth and trendy. Index has been trading...
nifty - market may take some pullback here, but the major trend says bearish trend.
NSE:BANKNIFTY 📊 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 25 May 2022 Buy-Above 34820 Sl-34700 T-35000 35200 35500 Sell-Below 34100 Sl-34200 T-33900 33600 33400 BANKNIFTY has closed almost flat on Tuesday. It was a complete consolidation between 34100 and 34500. None trade triggered as per pre analysis. Two consecutive shooting stars formed in daily TF. Breakdown of 34100 will lead...
BankNifty will give a correction from here some what more but breaking the recent bottom does not seem likely and would trend upwords after the correction to complete the pattern.. Please follow the arrows for directions of the move..
Understanding trends through supports and resistances.
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...