Simple Trade Setup | BANKNIFTY | 17-01-2022 [INTRADAY]NSE:BANKNIFTY
Most of levels and trade setup remains same as per previous.
Trade Setup for 17-01-2022
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 or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
Niftybankanalysis
Simple Trade Setup | BANKNIFTY | 14-01-2022[INTRADAY]NSE:BANKNIFTY
Trade Setup for 14-01-2022
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 or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
BANKNIFTY Intraday Trade Setup For 14 Jan 2022BANKNIFTY Intraday Trade Setup For 14 Jan 2022
Buy-Above 38600
Sl-38500
T-38725 38800
Sell-Below 38370
Sl-38470
T-38227 38100
As we planned that we will sell below the doji candle low 38600. It has given more than 200 points profit. The trade was smooth as index opened flat and crossed our level. For a good directional move we need flat opening.
After 12 trading session the index has broken its previous day low. Now we can see a pullback of this current move till 36700-36550.
Coming to tomorrow's trade setup the best trade will be on flat opening and crossing today's low, we well once again short. This will be the best trade. But remember that index needs to open flat and cross our level.
For buying we need candle closing above 37580 to initiate a buy target. Upside target can be 100-150 points only. For big upside move we need a pullback first the will the fuel to the up-move. Otherwise index will trade with less momentum.
Simple Trade Setup | BANKNIFTY | 13-01-2022 [ INTRADAY ]NSE:BANKNIFTY
Trade Setup for 13-01-2022
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 or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
#Niftybank Intraday Support and Resistance Levels - 12/01/2022This channel provides Nifty and Bank Nifty analysis and provides swing trades for equity.
The channel is also a provider of technical knowledge on technical analysis .
This is merely a recommendation channel, so please do your own analysis as I am not a SEBI registered analyst.
Please support the channel by liking, sharing and subscribing.
Regards
Rising Bull
#trader #india #nse #bse #stock #markets #stockmarkets #trading #investment #nifty #banknifty #bank #ashishgendle
BANKNIFTY Intraday Trade Setup For 12 Jan 2022BANKNIFTY Intraday Trade Setup For 12 Jan 2022
Buy-Above 38500
Sl-38400
T-38737 38850 39000
Sell-Below 38280
Sl-38380
T-38050 37900
BANKNIFTY has closed in a positive note today also. Morning it could not sustain in the 1st 5 min above 37400. So, as soon as the low broke we shorted and made good money. Also longed above 38200 when the intraday trend reversed , booked profit near 37400.
All updates were shared. Coming to tomorrow's trade index has tested 38500. Above this index can show some positive momentum. Only issue is that index been in a positive note since 35500 is broken, so profit booking can take place any time. So, always be careful in long side. If we get long with intraday data then that would be best. Actually now the fear is in upside.
For selling we will sell below 38280 for the target of 38050. No big target for sell as of now.
As said for aggressive sell trade we need price action below 38000.
If index opens with big gap or gap down then we will wait for the 1st 15 min and trade after 10 o' clock .
Simple Trade Setup | BANKNIFTY | 12-01-2022 [INTRADAY]NSE:BANKNIFTY
Most of all the levels and trade setup remains same as per previous.
Trade Setup for 12-01-2022
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 or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
Bank Nifty needs to work hard!!Bank Nifty ('BN') is at a immediate resistance, which also a key level for overall movement of the market. As you know from our Nifty analysis that good triggers (such as good GDP data, economy and better revenue collection) will help the market to close in green, but the key is to sustain above the key levels.
If BN crosses 38k levels and sustain, then there is a good chance to reach at 41k subject to good earnings and positive foreign markets and no new COVID variant.
BANKNIFTY Levels for Friday
🛑BANKNIFTY trading above 21 and 50 DMA
- Bank Nifty WEEKLY Pivot is at 35104
🛑 Keys Levels to watch out for day traders
◽Resistance is at 37900-38000
-with the stop loss of 37850
- we can see target of 38300
◽ Support Levels is at 37100-37000
- with SL of 37150
- we can see Target of 36700
◽i hope that it will help a lot
do like and follow for more
have a nice day
Simple Trade Setup | BANKNIFTY | 06-01-2022 [ INTRADAY ]NSE:BANKNIFTY
Trade Setup for 06-01-2022
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 or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
Simple Trade Setup | BANKNIFTY | 05-01-2022[INTRADAY]NSE:BANKNIFTY
Trade Setup for 05-01-2022
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 or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
Nifty-Today MarketHello Traders,
NIFTY@04/01/2022:
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Opens as a Gap-Up , Above PDH . Market was took the support at PDH then went to Resistance.
after Resistance BO market was went to M-Resistance-Zone and closed Above it.
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Happy Learning and Trading.
I hope you all like my analysis.
Please do share your thoughts in comment section.
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Simple Trade Setup | BANKNIFTY | 03-01-2022 [INTRADAY]NSE:BANKNIFTY
Observations:
1) On 1 day time frame, it is near the resistance range of 200DMA. And it made good up move from 10DMA.
200DMA is immediate major resistance, which is placed at 35701.48 level and 10DMA is immediate major support which is placed at 34955.78 level.
Please refer below chart : 1 day Time Frame.
2) Also On 1 day time frame, we can see it is in the resistance channel and faced resistance from the middle trendline of it.
Please refer below chart : 1 day Time Frame.
3) On 15min time frame, we can see temporary support channel.
Please refer below chart : 15min Time Frame.
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Trade Setup for Date: 03-01-2022
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 or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
Simple Trade Setup | BANKNIFTY | 31-12-2021 [ INTRADAY ]NSE:BANKNIFTY
Observations:
1) On 1 day time frame, after range bound trading on expiry day most of all the trade setup and levels are remaining same.
It is still trading below 10DEMA and 200DMA.
Please refer below chart : 1 day Time Frame.
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Trade Setup for Date: 31-12-2021
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 or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
Simple Trade Setup | BANKNIFTY | 30-12-2021[INTRADAY]NSE:BANKNIFTY
Observations:
1) On 1 day time frame, it closed just above the low of previous day. Which was at 35037.
If it gets support from this level then it can bounce back again and if it failed to hold this then it can give fall.
And it is still trading below 10EMA and 200DMA.
Please refer below chart : 1 day Time Frame.
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Trade Setup for Date: 30-12-2021
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 or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
Simple Trade Setup | BANKNIFTY | 29-12-2021 [INTRADAY]NSE:BANKNIFTY
Observations:
1) On 1 day time frame, it is still trading below 200DMA and also it faced resistance from 10DMA.
To reach up to 200DMA it has to sustain above 10DMA.
10DMA is placed at 35322.39 and 200DMA is placed at 35708.93 level.
Please refer below chart : 1 day Time Frame.
2) Also on 1 Day time frame, we can see that it has made double bottom pattern. Major breakout range is at 35353 -35470 level range.
Please refer below chart : 1 day Time Frame.
3) On 15min time frame, we can see it has been forming double bottom pattern as well and immediate neckline to break is at 35280 level. However major breakout is at level 35300 level. So range of 35280-35300 will work as support if price trades above it and it will work as resistance if price trades below it.
Please refer below chart : 15 min Time Frame.
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Trade Setup for Date: 29-12-2021
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 or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
Simple Trade Setup | BANKNIFTY | 28-12-2021 [INTRADAY]NSE:BANKNIFTY
Still the trade setup and levels remains same as per previous.
Trade Setup for Date: 28-12-2021
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 or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
RBL: Target Rs 90Any reason why the drop should only be 20%. I feel absolutely not. It has hallmark of a very badly run bank. Greed is the word I guess. Moneycontrol should be taken to court for spreading lies last night about RJ/RKD stake in the bank. These morons just go scot free everytime becuase SEBI is staffed with nincompoops.
Let it go Yes Bank way and pay the fat bankers Private secttor salraies at Public sector Srrvice.
Simple Trade Setup | BANKNIFTY | 27-12-2021 [ INTRADAY ]NSE:BANKNIFTY
Most of the trade setup remains same as per previous.
Trade Setup for Date: 27-12-2021
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 or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
Simple Trade Setup | BANKNIFTY | 23-12-2021 [INTRADAY]NSE:BANKNIFTY
Trade Setup for Date: 23-12-2021
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 or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
Simple Trade Setup | BANKNIFTY | 22-12-2021 [ INTRADAY]NSE:BANKNIFTY
Trade Setup for Date: 22-12-2021
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 or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.