Simple Trade Setup | BANKNIFTY | 08-11-2021 [ INTRADAY]NSE:BANKNIFTY
Most of the levels and trade setup remains same as per previous.
Trade Setup for Date 08-11-2021:
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.
Niftybankanalysis
BANKNIFTY Shorting Strikes !🛑 Shorting strikes purely based on india vix volatility index
- we can short one side either CALL or PUT side / if we do both then we can conclude that it is short strangle
- Short 40300 CE and Short 39400 PE
🛑 we can observe that market may be stays in between within the above range
- if short both side / if we did short strangle
if breakout at 40150 happens then we can exit from short CE position and hold short PE Position until achieve the target of 40300
if breakdown at 39500 happens then we can exit from short PE position and hold the short CE Position until achieve the target of 39300
🛑 Take Position after 11 to 11:30 AM if market still in between our range
- from 11:30 Am here afterwards volatility will starts to cool off
i hope that it will help a lot ,
if you like it do follow for more
have a nice day
BANKNIFTY Levels for Wednesday !🛑Bank nifty trading above all the moving averages those were 21 day, 50 day , and 100 day
- Bank Nifty WEEKLY Pivot is at 39550
🛑 keys Levels to watch out for day traders
- resistance is at 40050-40150
-with the stop loss of 40000
- we can see target of 40400
- Support Levels is at 39600-39500
- with SL of 39700
- we can see Target of 39200
if you like it ,do follow for more
have a nice day
BANKNIFTY Shorting Based on Vix!🛑 Shorting strikes purely based on india vix volatility index
- we can short one side either CALL or PUT side / if we do both then we can conclude that it is short strangle
- Short 40000 CE and Short 38400 PE
🛑 we can observe that market may be stays in between within the above range
- if short both side / if we did short strangle
if breakout at 39900 happens then we can exit from short CE position and hold short PE Position until achieve the target of 40300
if breakdown at 38800 happens then we can exit from short PE position and hold the short CE Position until achieve the target of 38500
🛑 Take Position after 11 to 11:30 AM if market still in between our range
- from 11:30 Am here afterwards volatility will starts to cool off
i hope that it will help a lot ,
if you like it do follow for more
have a nice day
BANKNIFTY Levels for Monday !🛑Bank nifty trading above all the moving averages those were 21 day, 50 day , and 100 day
- Bank Nifty WEEKLY Pivot is at 40067
🛑 keys Levels to watch out for day traders
- resistance is at 39900-40000
-with the stop loss of 40300
- we can see target of 39800
- Support Levels is at 38900-38800
- with SL of 38500
- we can see Target of 39000
if you like it ,do follow for more
have a nice day
BANKNIFTY Shorting Strikes !🛑 Shorting strikes purely based on india vix volatility index
- we can short one side either CALL or PUT side / if we do both then we can conclude that it is short strangle
- Short 39900 CE and Short 39100 PE
🛑 we can observe that market may be stays in between within the above range
- if short both side / if we did short strangle
if breakout at 39900 happens then we can exit from short CE position and hold short PE Position until achieve the target of 40000
if breakdown at 39300 happens then we can exit from short PE position and hold the short CE Position until achieve the target of 39000
🛑 Take Position after 11 to 11:30 AM if market still in between our range
- from 11:30 Am here afterwards volatility will starts to cool off
i hope that it will help a lot ,
if you like it do follow for more
have a nice day
BANKNIFTY Levels for Friday !🛑Bank nifty trading above all the moving averages those were 21 day, 50 day , and 100 day
- Bank Nifty WEEKLY Pivot is at 40067
🛑 keys Levels to watch out for day traders
- resistance is at 39900-40000
-with the stop loss of 40300
- we can see target of 39800
- Support Levels is at 39400-39300
- with SL of 39550
- we can see Target of 39000
if you like it ,do follow for more
have a nice day
Simple Trade Setup | BANK NIFTY | 29-10-2021 [ INTRADAY] NSE:BANKNIFTY
Observations:
1) On 15 min time frame we can see that it had broken the temporary support trend-line from which it was getting support and bounce back in previous session.
But now it came to the major critical support range of 39285 to 39350.
If it holds and gets support from here then it can bounce back but if it breakdown this range then the downfall will continue.
Please refer below chart : 15min Time Frame.
2) On 1hr time frame, we can see that it had broken the upper trendline of parallel channel and now again back near inside the upper trend-line of parallel channel.
Tomorrow if it failed to sustain above the upper trendline of parallel channel then we can see that it will come down till middle trend line of the parallel channel.
Please refer below chart : 1hr Time Frame.
3) On 1 day time frame, we can see that after breaking 10DMA it is closed above 21DMA. But still it is a bit far above 21DMA. There can be a move to test 21DMA.
21DMA is placed at 38927.04.
Please refer below chart : 1day Time Frame.
-------------------------------------
Trade Setup for Date 29-10-2021:
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.
BANKNIFTY SHorting Based on Vix!🛑 Shorting strikes purely based on india vix volatility index
- we can short one side either CALL or PUT side / if we do both then we can conclude that it is short strangle
- Short 41500 CE and Short 40500 PE
🛑 we can observe that market may be stays in between within the above range
- if short both side / if we did short strangle
if breakout at 41400 happens then we can exit from short CE position and hold short PE Position until achieve the target of 41600
if breakdown at 40700 happens then we can exit from short PE position and hold the short CE Position until achieve the target of 40500
🛑 Take Position after 11 to 11:30 AM if market still in between our range
- from 11:30 Am here afterwards volatility will starts to cool off
i hope that it will help a lot ,
if you like it do follow for more
have a nice day
BANKNIFTY Shorting Strikes !🛑 Shorting strikes purely based on india vix volatility index
- we can short one side either CALL or PUT side / if we do both then we can conclude that it is short strangle
- Short 42000 CE and Short 40500 PE
🛑 we can observe that market may be stays in between within the above range
- if short both side / if we did short strangle
if breakout at 41500 happens then we can exit from short CE position and hold short PE Position until achieve the target of 41800
if breakdown at 40800 happens then we can exit from short PE position and hold the short CE Position until achieve the target of 40500
🛑 Take Position after 11 to 11:30 AM if market still in between our range
- from 11:30 Am here afterwards volatility will starts to cool off
i hope that it will help a lot ,
if you like it do follow for more
have a nice day
Bank Nifty: Short term to Mid term view: BullishAll weekly indicators showing positive signals. Further upside may come on upcoming weeks. Apart from bank nifty chart, Most of the bank stocks charts are positive so that stocks will help to whole Bank Nifty positive move. Safe traders, can trade above the day close of Target 1.
After Long days giving views in Bank Nifty.
Vijayaraghavn.K
Kovilpatti, Tuticorin Dist.
BANKNIFTY Levels for Tuesday !🛑Bank nifty trading above all the moving averages those were 21 day, 50 day , and 100 day
- Bank Nifty WEEKLY Pivot is at 40067
🛑 keys Levels to watch out for day traders
- resistance is at 41500 - 41600
-with the stop loss of 41300
- we can see target of 42000
- Support Levels is at 40600-40500
- with SL of 40700
- we can see Target of 40200
if you like it ,do follow for more
have a nice day
BANKNIFTY Shorting Based on Vix!🛑 Shorting strikes purely based on india vix volatility index
- we can short one side either CALL or PUT side / if we do both then we can conclude that it is short strangle
- Short 42000 CE and Short 40500 PE
🛑 we can observe that market may be stays in between within the above range
- if short both side / if we did short strangle
if breakout at 41600 happens then we can exit from short CE position and hold short PE Position until achieve the target of 41800
if breakdown at 40500 happens then we can exit from short PE position and hold the short CE Position until achieve the target of 40300
🛑 Take Position after 11 to 11:30 AM if market still in between our range ie. 41600-40500
- from 11:30 Am here afterwards volatility will starts to cool off
i hope that it will help a lot ,
if you like it do follow for more
have a nice day
BANKNIFTY Sorting Strikes!!!🛑 Shorting strikes purely based on india vix volatility index
- we can short one side either CALL or PUT side / if we do both then we can conclude that it is short strangle
- Short 40700 CE and Short 39800 PE
🛑 we can observe that market may be stays in between within the above range
- if short both side / if we did short strangle
if breakout at 40600 happens then we can exit from short CE position and hold short PE Position until achieve the target of 40700
if breakdown at 40000 happens then we can exit from short PE position and hold the short CE Position until achieve the target of 39900
i hope that it will help a lot ,
if you like it do follow for more
have a nice day
BANKNIFTY Levels for Monday !🛑
-Bank nifty trading above all the moving averages those were 21 day, 50 day , and 100 day
- Bank Nifty WEEKLY Pivot is at 38800
🛑 keys Levels to watch out for day traders
- resistance is at 40500 - 40600
-with the stop loss of 40400
- we can see target of 40800
- Support Levels is at 40200-40150
- with SL of 40300
- we can see Target of 39900
if you like it ,do follow for more
have a nice day
NIFTY BANK MINOR CORRECTON In this post, I have shared Bank Nifty chart. In this chart, we can clearly see there is more leg remaining in Bank Nifty but some minor pullback is expected as inside the bank nifty channel inner channel top is made.
So some minor pullback can come but take this pullback as a dip and buy the best banking shares!
ICICI ,BANDHAN, RBL MY PICKS
📊 Banknifty My Target 42000+++NSE:BANKNIFTY
just now
NSE:BANKNIFTY
As per this harmonic pattern, one can see banlknifty can reach till 42808 before meaningful fall, so ultimately buy on deep.
******whatever charts or levels sharing here are just for educational purpose only, not a recommendation. Please do your own analysis before taking any trade on them. We are not SEBI registered.
NIFTY BANK : CONSTITUENT PARTICIPATION, A FUTURISTIC PEEP INA comparative study of Nifty Bank along with its top 5 constituents revealing possible futuristic participation of all major participants, role change, weight change, possible growth scenarios and much more intriguing trend compositions
Constituents included in the study
1. Nifty Bank
2. SBIN
3. ICICI BANK
4. AXIS BANK
5. HDFC BANK
6. KOTAK BANK
EVERY CHART HAS ITS SAY !!