BANKNIFTY Intraday Intraday Trade Setup For 9 Mar 2022 Buy-Above 33300 Sl-33200 T-33500 33700 34000 Sell-Below 32990 Sl-33100 T-32800 32500 32200 BANKNIFTY has made a big bullish candle in daily TF. This is after many days that index has closed at day high. Some profit booking is taking place plus some buyers are getting in. We planned to short below 32350 and...
NSE:BANKNIFTY as of now short till harmonic PRZ, ones price reach there and show a sign of reversal book short and reverse trade in long with strict stop loss as per your trade setup. 📌 To Trade on This Chart, You Should Have Reversal Trading Knowledge. As Harmonic is One Of The Best Reversal Trading Strategy, But Always Remember That Harmonic Patterns Also Can...
NSE:BANKNIFTY Trade Setup for 08-03-2022 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...
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 and...
BANKNIFTY Intraday trade Setup For 8 Mar 2022 Buy-Above 33130 Sl-33000 T-33500 33800 34000 Sell-Below 32600 Sl- 32700 T-32400 32100 32000 BANKNIFTY opened with a very big gap down today. With that today there was some issue with NSE server issue. It continued its major trend and no major bounce was seen. Coming to tomorrow's trade setup, we will sell below...
NSE:BANKNIFTY Observations: 1) On weekly time frame, 34000 is major critical level. sustainable breakdown of it will give intraday fall. And closing below it make it bearish to test 32800 intermediate support and 32000 major support. Please refer below chart : Weekly Time Frame. 2) On 1hr time frame, we can see rounding top pattern. Which is bearish...
NSE:BANKNIFTY 📌 To Trade on This Chart, You Should Have Reversal Trading Knowledge. As Harmonic is One Of The Best Reversal Trading Strategy, But Always Remember That Harmonic Patterns Also Can Fail (there is no holly grail In Stock Market). That's Why One Should Must Have Knowledge Of Reversal Trading To Trade On Harmonic Patterns. 📌 That Dash Line Is Called...
BANKNIFTY Intraday Trade Setup For 7 Mar 2022 Buy-Above 35110 Sl-35000 T-35350 35600 Sell-Below 34300 Sl-34400 T-34100 3400 33680 BANKNIFTY opened with a very big gap down on Friday. and showed 3 way move fall recovery again sharp fall. IT is trading near a major support of 34000 in daily TF. If this level is breached then index will show a panic selling once...
NSE:BANKNIFTY Observations: 1) On 15min time frame, we can see triangle pattern. Range of 34880-34985 is support range. Please refer below chart : 15min Time Frame. ------------------------------------- Trade Setup for 04-03-2022 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...
BANKNIFTY Intraday Trade Setup For 04 Mar 2022 Buy-Above 35200 Sl-35100 T-35400 34600 35800 Sell-Below 34850 Sl-34950 T-34700 34500 BANKNIFTY opened with a decent gap up on Thursday and the 1st 5 min candle was a shooting star. As soon as the low of that candle broke it just fell till 34725. Also the 10 o'clock range broke downside below 35200 continued the...
BANKNIFTY Intraday Trade Setup For 03 March 2022 Buy-Above 35560 Sl-35460 T-35800 36000 38200 Sell-Below 34890 Sl-34990 T-34700 34600 34500 BANKNIFTY has formed a Dragonfly Doji in daily TF. It is valid and is active above today's high. The current selling may subside for some time. But main action starts above the doji candle high. Invalid below today's...
NSE:BANKNIFTY Trade Setup for 02-03-2022 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...
BANKNIFTY Intraday Trade Setup For 02 Mar 2022 Buy-Above 36280 Sl-38180 T-36400 36560 Sell-Below 35890 Sl-35990 T-35690 35600 BANKNIFTY opened with a big gap down today. Then it made W pattern and took U turn and a V shape recovery was seen. Then after 12 noon huge volatility was created. We will be using the nd half trading session range to build our trade...
BANKNIFTY Intraday Trade Setup For 01 Mar 2022 Buy-Above 36280 Sl-38180 T-36400 36560 Sell-Below 35890 Sl-35990 T-35690 35600 BANKNIFTY opened with a big gap down today. Then it made W pattern and took U turn and a V shape recovery was seen. Then after 12 noon huge volatility was created. We will be using the nd half trading session range to build our trade...
NSE:BANKNIFTY Observations: 1) On 1day time frame, in last day session on Friday, it face resistance from 200DMA range. 200DMA is placed at 36652 level range. Safe buy only if it sustain above 36652 level range. Please refer below chart : 1day Time Frame. ------------------------------------- Trade Setup for 28-02-2022 1) Don't Jump in to trade at...
BANKNIFTY Intraday Trade Setup For 25 Feb 2022 Buy- None Sell-Below 35000 Sl-35200 T-34500 34000 BANKNIFTY has opened and crashed due to Ukraine- Russia problem. Index opened with huge gap down. No much elaboration is needed. Market is sell on rise. Trade all the breakdowns, bear flags. No buying at all. Safe traders can avoid trading for some day.
NSE:BANKNIFTY Observations: 1) On 1day time frame, it closed just above 100EMA. 100DMA is placed at 37355 level. Please refer below chart : 1day Time Frame. ------------------------------------- Trade Setup for 24-02-2022 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)...
BANKNIFTY Intraday Trade Setup For 24 Feb 2022 Buy-Above 37800 Sl-37700 T-37900 38000 Sell-Below 37290 Sl-37390 T-37160 37000 BANKNIFTY has closed almost flat today. We discussed that it is likely to be sideways. We planned to buy above 37670, we just got 100 points then price structure changed and become sideways. Today it made a descending triangle and...