Bank Nifty Spot price is around 43,590-600. Bank Nifty is currently in a no-trading zone, ranging from 43,230 to 43,780. We will consider taking trades in the direction the price breaks and sustains beyond this range. Meanwhile, our usual practice continues. We'll short near the resistance of the no-trading zone and buy near the support. Given the inherent...
As you can see here banknifty taking resistance at standard deviation one, if price crosses above 43767, which is a strong resistance , then it may easily reach 43934 and then 44098. If banknifty crosses below 43490 then it may reach 43326, 43326 is a strong support , if banknifty takes support then it may bounce back to the level of 43623, if breaks down it...
BANKNIFTY Intraday Trade Setup For 22 Nov 2023 Bullish-Above 43780 Invalid-Below 43670 T- 44031 44285 Bearish-Below 43580 Invalid- 43690 T- 43345 43120 BANKNIFTY has closed on a slight bullish note with 0.24% gain today. It opened with a decent gap up and was almost sideways the whole day except the put spike. Best trade looks in long side which can trigger a...
if price goes above 43918 then it will reach 44091, 44091 strong resistance price may again retrace down to the level of 43800, but if price goes above 44091, you may see a strong upside current and price may achieve its full target. As you can see here, that bollinger bands made a short squeeze , there is a high chance that it will burst tomorrow, if it goes...
If trigger line crosses above - -48.31, may reach 56.53, Option price - 180-210 If trigger line crosses below -43.17, may reach 33.53, Option price - 190-265
BANKNIFTY Intraday Trade Setup For 21 Nov 2023 Bullish-Above 43730 Invalid-Below 43620 T- 44015 44285 Bearish-Below 43450 Invalid-Above 43560 T- 43221 42976 BANKNIFTY has closed on a complete sideways note today. Sell triggered as per trade setup below 43510 which hit sl and later ended completely flat. Tomorrow below 43450 if sustained we can see a very good...
if price goes above 43849 then it may reach 43982 easily, 43982 is a strong resistance and may again go down to the level of 43688, if it crosses above 43982 the it will easily reach to the level of 44124. If price goes below 43563, then it may take support at 43386, 43386 is a super strong support price may bounce back from this area and may reach to the level...
BANKNIFTY Intraday Trade Setup For 20 Nov 2023 Bullish-Above 43880 Invalid-Below 43770 T- 44250 44510 Bearish-Below 43510 Invalid-Above 43620 T- 43221 42975 BANKNIFTY has closed on a slight bearish note last week with almost 1% cut. 44450 is a very important level for a bullish move. Index is bearish till we get bullish price structure in hourly TF. If...
If price takes resistance at 44395 then it may again retrace back to its yesterday's low. if price crosses over 44395 then you can witness a new upside move and price may reach 44526 pretty easily.44526 again a strong resistance, if price crosses over it then it will reach its final target, but if it retraces from here then it can give you 200 points...
if price burst upside and goes above 44486, then it may reach 44604, 44604 is strong resistance price may go down to the level of 44429, but if crosses above 44604 then it may reach to final target. As you can see here , that price closed taking support at median line , this situation indicates another sideways, but here situation is little different . as you...
Banknifty analysis for 16th November 2023 for educational purpose This video is for educational purpose and my personal view . We are NOT SEBI registered Advisor, we only give the level on our practical trading experience. Kindly take the trade according to your risk and reward position and consulting your advisor. It is advisable to take the advice of SEBI...
If trigger line crosses over 59.81, may reach 71.20, Option Price may reach 270-490 with a huge gap up. If trigger line crosses over 49.56, may reach 37.47, Option Price may reach 135-210.
BANKNIFTY Intraday Trade Setup For 15 Nov 2023 Bullish-Above 44060 Invalid-Below 43950 T- 44287 44530 Bearish-Below 43680 Invalid-Above 43790 T- 43475 43260 BANKNIFTY has closed with a slight cut of 0.24% last day. In the weekend pullback scenario was discussed and half bat was plotted. Monday view matched and scenario turned into reality. Although it has...
BANKNIFTY Intraday Trade Setup For 13 Nov 2023 Bullish-Above 44060 Invalid-Below 43950 T- 44269 44530 Bearish-Below 43910 Invalid-44020 T- 43695 43475 BANKNIFTY has closed on a slight bullish note last week with some 1% gain. On 31 Oct EOD when BANKNIFTY was at 42845,43400 was discussed as a bullish reversal level. After it was triggered index has given slow...
Long 15 minute trend , BN looking a little weak, if it breaks down this trend you may see a nice fall, but as it is in upside move from quite a few days, you may see a falls breakdown then it may go down, so you must trade both the move , first one very carefully.
If trigger line crosses over 59.22, may reach to 68.48, option price 220-280 If trigger line crosses below 51.61, may reach to 43.85, option price 180-230
BANKNIFTY Intraday Trade Setup For 09 Nov 2023 Bullish-Above 43800 Invalid-Below 43690 T- 44060 44270 Bearish-Below 43540 Invalid-Above 43650 T- 43260 42990 BANKNIFTY has closed on a slight bearish note with 0.18% cut unlike NIFTY. Yesterday's buy and sell level were 43800 and 43570. Index traded within this range for the whole day, sell level was tested but...
BANKNIFTY Intraday Trade Setup For 08 Nov 2023 Bullish-Above 43800 Invalid-Below 43690 T- 44060 44270 Bearish-Below 43570 Invalid-Above 43680 T- 43260 42990 BANKNIFTY has closed on a slight bullish note with 0.27% gain today. It opened flat and sell triggered below 43410 and gave a small move in favor and then eventually sl hit. Tomorrow once again it will be...