Niftybankanalysis
BANKNIFTY Weekly LEVELSMagic Lines:
All supports are not for buy level. As like all resistance are not for sell levels
After long research and back testing we find which S&R is for sell level & which S&R is buy level.
In that result we give the pure intraday levels in charts.
BLUE LINE ARE BUY LEVELS (Target lines)
ORANGE LINES ARE SELL LEVELS(Target lines)
Additionally we added guiding line for entry and SL
There are 10 different pattern based on market opening for getting entry in market with this line if anyone interested please command below ..
BANK NIFTY Option trading analysis for 16 July 2021IMPORTANT NOTE: Trade in 5 Min and 15 Min Time frame, the TradingView is not allowing to post in the smaller time frame and I'm not interested to buy premium plan so please trade as per given time frame and level and targets Thanks.
Bank Nifty trade analysis and level targets
BUY Above 336101 if the level breaks and hold it then enter
for targets 1 (36357), and target 2 (36603).
SELL BELOW 35879,
And wait for targets 1, (35627) and 2 (35351)
DISCLAIMER:- I Am Not SEBI Registered Analyst or financial adviser.
All Post and Levels Posting Only For learning Purpose. Not Giving Any Recommendations For Trade. I'm Not Responsible For Your Any Kind Of Loss Or Profit. Before trading please consult with your financial advisor.
No Claim, All Rights Reserved.‼️
BANK NIFTY (NIFTY BANK) Option trading analysis for 15 July 2021IMPORTANT NOTE: Trade in 5 Min and 15 Min Time frame, the TradingView is not allowing to post in the smaller time frame and I'm not interested to buy premium plan so please trade as per given time frame and level and targets Thanks.
Bank Nifty trade analysis and level targets
BUY Above 35848 if the level breaks
and wait for price action to enter
in the trade then wait for targets 1 (35943), and target 2 (36108).
SELL BELOW 35665,
And wait for targets 1, (35542) and 2 (35380)
DISCLAIMER:- I Am Not SEBI Registered Analyst or financial adviser.
All Post and Levels Posting Only For learning Purpose. Not Giving Any Recommendations For Trade. I'm Not Responsible For Your Any Kind Of Loss Or Profit. Before trading please consult with your financial advisor.
No Claim, All Rights Reserved.‼️
Bank Nifty for 15-07-2021 and 16-07-2021 NSE:BANKNIFTY INTRADAY LEVELS.
This is BANKNIFTY chart on 15 minute time frame. Levels are followed in much better way and are working as per Fibonacci Retracement .
Today it took resistance at 34804 . This level is critical to watch tomorrow.
And below are levels for this week. Don't chase any gap up or gap down.
Buy Only above 35850.
--> 1st Target: 35935
--> 2nd Target: 36108
--> 3rd Target: 36234
Sell Only Below 35645.
--> 1st Target: 35553
--> 2nd Target: 35392
--> 3rd Target: 35218
Below are the scenario.
1) If open gap up above 35850 then wait for first 15 minutes. Let it go down to get support from 35800 or 35750. And once you find it is taking support from these levels and then you can go long and follow levels for your target.
2) If open gap up above 35850 then wait for first 15 minutes and let it go up till 35900-35920 and let it face resistance. If it breaks up 35920 then go long and if it goes down then don't chase. There will be the chance that it will go down to check demand from 35750 level.
3) If open sideways between 35650-35720 then wait for break up or break down to go with the trend and follow levels for your target.
4) If open gap down below 35650 then wait for 35600-35555 levels to get broke down to go short. It might also test the demand from 35550 and give up move but since there is expiry tomorrow better to go long above 35820. It is better to give up some point rather than giving up premium.
5) There might be chance that it will remain in range and give sideways movement and option writer will just earn from the premium decay. Don't buy any option in this sideways moment as premium will decay tomorrow on expiry day. But there will be surely one side movement will come on either side in that you can jump and buy option. But be quick with taking out profit. Don't hold for long time.
All the best for the upcoming trading days.
Any doubts/suggestion, you can comments below.
BANK NIFTY (NIFTY BANK) Option trading analysis for 14 July 2021IMPORTANT NOTE: Trade in 5 Min and 15 Min Time frame, the TradingView is not allowing to post in the smaller time frame and I'm not interested to buy premium plan so please trade as per given time frame and level and targets Thanks.
Bank Nifty trade analysis and level targets
BUY Above 35848 if the level breaks
and wait for price action to enter
in the trade then wait for targets 1 (35943), and target 2 (36108).
SELL BELOW 35665,
And wait for targets 1, (35542) and 2 (35380)
DISCLAIMER:- I Am Not SEBI Registered Analyst or financial adviser.
All Post and Levels Posting Only For learning Purpose. Not Giving Any Recommendations For Trade. I'm Not Responsible For Your Any Kind Of Loss Or Profit. Before trading please consult with your financial advisor.
No Claim, All Rights Reserved.‼️
Bank Nifty for 14-07-2021 to 16-07-2021 .This is BANKNIFTY chart on 15 minute time frame.
Levels are working as per Fibonacci Retracement.
Today it took resistance at Fibonacci level which is placed at 35713. this level is critical to watch tomorrow.
And below are levels for this week.
Buy Only above 35850.
--> 1st Target: 35935
--> 2nd Target: 36108
--> 3rd Target: 36234
Sell Only Below 35645.
--> 1st Target: 35553
--> 2nd Target: 35392
--> 3rd Target: 35218
All the best for the upcoming trading days.
Bank Nifty for 14-07-2021 to 16-07-2021NSE:BANKNIFTY
This is BANKNIFTY chart on daily time frame. Today it formed very important candle. And below are levels for this week.
Buy Only above 35850.
--> 1st Target: 35935
--> 2nd Target: 36108
--> 3rd Target: 36234
Sell Only Below 35645.
--> 1st Target: 35553
--> 2nd Target: 35392
--> 3rd Target: 35218
I will also post another Idea with 15min time frame analysis to understand this levels easy.
Nifty Weekly Levels Magic Lines:
All supports are not for buy level. As like all resistance are not for sell levels
After long research and back testing we find which S&R is for sell level & which S&R is buy level.
In that result we give the pure intraday levels in charts.
BLUE LINE ARE BUY LEVELS (Target lines)
ORANGE LINES ARE SELL LEVELS(Target lines)
Additionally we added guiding line for entry and SL
There are 10 different pattern based on market opening for getting entry in market with this line if anyone interested please command below ..
BankNifty View 9 July 2021What a day it was for BankNifty today !!! :) :) :) Big SMilesss on puts for me...after breakdown of support as shown yesterday! Hope you had a great day too !!! Bless You !!!
Dow theory ! Yes, Dow theory is not bent yet!
Trend is our friend until it bends.
Applying Fib retracements from each significant Low, the reversal is coming from a 50% level.
So, expecting a reversal from the 50% level 34830 - 34960 where there is a gap too.
This gap may act as support. Or it might get partially / completely filled before resuming upward journey.
Contrary view : There is a red inclined Trendline. If it breaks, then aggressive shorting below 34630 level seems good for immediate targets of 34000.
BankNifty ViewBank Nifty saw a profit booking at the end of the session.
View : Cautiously Bullish (due to evening star formation at the end)
Support at 35000 / 35200, if
Resistance at 35700 / 35800
If breaks, 1st target 36000
View for tomorrow : if it fails to break the top of evening star might see consolidation with no break out or break down.
Although, 2nd halfs are more adventurous... ;)
Happy Trading !!!
BANKNIFTY Weekly LEVELSMagic Lines:
All supports are not for buy level. As like all resistance are not for sell levels
After long research and back testing we find which S&R is for sell level & which S&R is buy level.
In that result we give the pure intraday levels in charts.
BLUE LINE ARE BUY LEVELS (Target lines)
ORANGE LINES ARE SELL LEVELS(Target lines)
Additionally we added guiding line for entry and SL
There are 10 different pattern based on market opening for getting entry in market with this line if anyone interested please command below ..
BANK NIFTY (NIFTY BANK) Option trading analysis for 05 July 2021CALL TRADE ANALYSIS
BANK NIFTY is looking bullish, if it breaks 34897 , then wait for targets 1, 2, and 3 (34969, 35094, 35172)
PUT TRADE ANALYSIS
If the Market turns to bear side then short after 34760 for target 1 34642.
(Capture your profit timely in bearish side because market can turn and time to bullish)
Note:
Black Lines: Breakout point, If it breaks go for long, and if it breaks go for short.
BLUE LINES: Target and Resistance lines, If if breaks go for long to other green lines.
RED LINES: Target and Support lines, If if breaks go for short to other red lines.
DISCLAIMER:- I Am Not SEBI Registered Analyst or financial adviser.
All Post and Levels Posting Only For learning Purpose. Not Giving Any Recommendations For Trade. I'm Not Responsible For Your Any Kind Of Loss Or Profit. Before trading please consult with your financial advisor.
No Claim, All Rights Reserved.‼️