Niftybankanalysis
BANKNIFTY Shorting Strikes !🛑 Shorting strikes purely based on india vix volatility index and Standard Deviation
- we can short one side either CALL or PUT side / if we do both then we can conclude that it is short strangle
- Short 39300 CE and Short 38200 PE
🛑 we can observe that market may be stays in between within the mentioned strikes
- if we short both side / if we did short strangle then
◽if breakout at 39150 happens then we can exit from short CE position and hold short PE Position until achieve the target of 39300
◽if breakdown at 38300 happens then we can exit from short PE position and hold the short CE Position until achieve the target of 38200
🛑 Rules to follow while initiating the trade
◽ Take an trade after 11 to 11:30 AM
-if market still in between our mentioned shorting strikes
- from 11:30 Am here afterwards volatility will starts to cool off (it will makes decreasing in volatility , whereas decreasing in volatility will decreases the premium in both CALL and PUT side ,which will help shorter's)
◽i hope that it will help a lot ,
do like it and follow for more
have a nice day,....
BANKNIFTY Levels for Tuesday !🛑BANKNIFTY trading below 21DMA
- Trading above 50,100 DMA
- Bank Nifty WEEKLY Pivot is at 38917.8
🛑 Keys Levels to watch out for day traders
◽ Resistance is at 39000-39100
-with the stop loss of 38950
- we can see target of 39300
◽ Support Levels is at 38600-38500
- with SL of 38650
- we can see Target of 38300
🛑 Rules to follow
* avoid trade if market opens above/ below our levels
- in other words , avoid if market opens at or above our resistance zone (Huge GAP up)
- avoid if market opens at or below our support zone (Huge GAP down)
(reason behind avoiding trade because market don't like gaps it will try to fill the gaps )
*if huge gap UP or DOWN happens then we have to just wait for price action and until fill the gap then we can take trade
*initiate the trade by using 5mins time frame chart ,
-if breakout happens and 5min candle closed above mentioned level then initiate trade
- if breakdown happens and 5min candle closed below mentioned level then initiate trade
(so point is candle must as close above / below our mentioned levels then initiate trade ,
while operating SL also same candle as to close below the levels)
* After initiating the trade we must have to wait until it will hit either TARGET or STOP LOSS
*initiate trade after immediate breakout / breakdown(possibility making profit is higher)
◽or one can initiate after retesting the level (possibility making profit is lower)
◽ i hope that it will help a lot
do like and follow for more
have a nice day
Simple Trade Setup | BANKNIFTY | 16-11-2021 [ INTRADAY]NSE:BANKNIFTY
After gap up opening it went down and was sideways.
Our trade setup and levels remains most of the same.
Observations:
1) On 15 min time frame, It traded mostly under the resistance parallel channel. It opened above this channel and went back inside it. But good thing is that it didn't breakdown below it.
Also it took support from 38600 level range.
Level of 38500 and 38600 are immediate support.
Immediate resistane is at 38800.
Please refer below chart : 15 min Time Frame.
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Trade Setup for Date: 16-11-2021
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.
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 39500 CE and Short 38000 PE
🛑 we can observe that market may be stays in between within the mentioned strikes
- if we short both side / if we did short strangle then
◽if breakout at 39300 happens then we can exit from short CE position and hold short PE Position until achieve the target of 39500
◽if breakdown at 38300 happens then we can exit from short PE position and hold the short CE Position until achieve the target of 38000
🛑 Rules to follow while initiating the trade
◽ Take an trade after 11 to 11:30 AM
-if market still in between our mentioned shorting strikes
- from 11:30 Am here afterwards volatility will starts to cool off (it will makes decreasing in volatility , whereas decreasing in volatility will decreases the premium in both CALL and PUT side ,which will help shorter's)
◽ i hope that it will help a lot ,
do like it and follow for more
have a nice day,. ...
BANKNIFTY Levels for Monday !🛑BANKNIFTY trading below 21DMA
- Trading above 50 DMA will act as Support (38264 )
- Bank Nifty WEEKLY Pivot is at 39618.2
🛑 keys Levels to watch out for day traders
◽ Resistance is at 38900-39000
-with the stop loss of 38850
- we can see target of 39300
◽ Support Levels is at 38500-38400
- with SL of 38550
- we can see Target of 38000
🛑 Rules to follow
* avoid trade if market opens above/ below our levels
- in other words , avoid if market opens at or above our resistance zone (Huge GAP up)
- avoid if market opens at or below our support zone (Huge GAP down)
(reason behind avoiding trade because market don't like gaps it will try to fill the gaps )
*if huge gap UP or DOWN happens then we have to just wait for price action and until fill the gap then we can take trade
*initiate the trade by using 5mins time frame chart ,
-if breakout happens and 5min candle closed above mentioned level then initiate trade
- if breakdown happens and 5min candle closed below mentioned level then initiate trade
(so point is candle must as close above / below our mentioned levels then initiate trade ,
while operating SL also same candle as to close below the levels)
* after initiating the trade we must have to wait until it will hit either TARGET or STOP LOSS
*initiate trade after immediate breakout / breakdown(possibility making profit is higher)
◽or one can initiate after retesting the level (possibility making profit is lower)
◽ i hope that it will help a lot
do like and follow for more
have a nice day
NIFTY Intraday Trade Setup For 15 Nov 2021NIFTY Intraday Trade Setup For 15 Nov 2021
Buy-Above 18125
Sl-18100
T-18200 18260 18300
Sell-Below 18070
Sl-18100
T-18000 17950 17900
Index has closed just at the resistance. If index sustains above 18125 then index will shoot above 18300 trapping short sellers.
But if this is a fakout then index will again come down till 17900.
Follow the above given levels strictly and kindly wait for 5 min candle close to initiate the trades.
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 39000 CE and Short 38000 PE
🛑 we can observe that market may be stays in between within the mentioned strikes
- if we short both side / if we did short strangle then do follow below rules
◽if breakout at 38900 happens then we can exit from short CE position and hold short PE Position until achieve the target of 39300
◽if breakdown at 38200 happens then we can exit from short PE position and hold the short CE Position until achieve the target of 38000
🛑 rules to follow while initiating the trade
◽ Take an trade after 11 to 11:30 AM
-if market still in between our mentioned shorting strikes
- from 11:30 Am here afterwards volatility will starts to cool off (it will makes decreasing in volatility , whereas decreasing in volatility will decreases the premium in both CALL and PUT side ,which will help shorter's)
◽i hope that it will help a lot ,
do like it and follow for more
have a nice day,....
BANKNIFTY Levels for Friday !🛑BANKNIFTY trading below 21DMA this will act as Resistance (39647),
- 50 DMA will act as Support , 38264 level will be crucial to hold banknifty
- Bank Nifty WEEKLY Pivot is at 39618.2
🛑 keys Levels to watch out for day traders
◽ resistance is at 38900-39000
-with the stop loss of 38850
- we can see target of 39300
◽ Support Levels is at 38400-38300
- with SL of 38570
- we can see Target of 38000
🛑 Rules to follow
* avoid trade if market opens above/ below our levels
- in other words , avoid if market opens at or above our resistance zone (Huge GAP up)
- avoid if market opens at or below our support zone (Huge GAP down)
(reason behind avoiding trade because market don't like gaps it will try to fill the gaps )
*if huge gap UP or DOWN happens then we have to just wait for price action and until fill the gap then we can take trade
*initiate the trade by using 5mins time frame chart ,
-if breakout happens and 5min candle closed above mentioned level then initiate trade
- if breakdown happens and 5min candle closed below mentioned level then initiate trade
( so point is candle must as close above / below our mentioned levels then initiate trade ,
while operating SL also same candle as to close below the levels )
* after initiating the trade we must have to wait until it will hit either TARGET or STOP LOSS
*initiate trade after immediate breakout / breakdown(possibility making profit is higher)
◽or one can initiate after retesting the level (possibility making profit is lower)
◽i hope that it will help a lot
do like and follow for more
have a nice day
BANKNIFTY Levels for Expiry Day !🛑Bank nifty trading above all the moving averages those were 21 day, 50 day , and 100 day
- Bank Nifty WEEKLY Pivot is at 39618.2
🛑 keys Levels to watch out for day traders
- resistance is at 39200-39300
-with the stop loss of 39100
- we can see target of 39500
- Support Levels is at 38900-38800
- with SL of 39000
- we can see Target of 38500
if you like it ,do follow for more
have a nice day
Simple Trade Setup | BANKNIFTY | 10-11-2021 [ INTRADAY]NSE:BANKNIFTY
Observations:
1) On daily time frame, it faced resistance from 21DMA and closed below it.
21DMA is placed at 39575.20 level range.
Also one good thing is that it managed to close above major support range of 39285-39350 level range.
Please refer below chart : 1 day Time Frame.
In general, it is good that none of 15min candle closed below this major support range of 39285 level.
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Trade Setup for Date 10-11-2021:
Most of the levels and trade setup remains same as per previous.
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 | 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.
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.
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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






















