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Niftybankintralevels

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.
NSE:BANKNIFTY
by Trading_hawk
5
Simple Trade Setup | BANKNIFTY | 04-01-2022[INTRADAY]NSE:BANKNIFTY Observations: 1) On 1 day time frame, it gave good bullish move after trading above 200DMA. 200DMA will be major support now. But it is still below 100DMA. 100DMA will be major resistance now. Please refer below chart : 1 day Time Frame. 2) Also On 1day time frame, it gave breakout of resistance channel with good bullish candle. In worst case it may go to test the upper trendline of the resistance channel to make it as a support. Please refer below chart : 1day Time Frame. 3) Also on 1 day time frame, it is near the zone from where is has been giving down move in recent past. Good bullish move only on sustainable breakout of this zone. This zone is placed in 36510-36665. Please refer below chart : 1day Time Frame. ------------------------------------- Trade Setup for Date: 04-01-2022 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.
NSE:BANKNIFTY
by Trading_hawk
3
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. ------------------------------------- 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.
NSE:BANKNIFTY
by Trading_hawk
10
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. ------------------------------------- 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.
NSE:BANKNIFTY
by Trading_hawk
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. ------------------------------------- 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.
NSE:BANKNIFTY
by Trading_hawk
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. ------------------------------------- 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.
NSE:BANKNIFTY
by Trading_hawk
4
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.
NSE:BANKNIFTY
by Trading_hawk
Simple Trade Setup | BANKNIFTY | 24-12-2021[INTRADAY]NSE:BANKNIFTY Trade Setup for Date: 24-12-2021 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.
NSE:BANKNIFTY
by Trading_hawk
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.
NSE:BANKNIFTY
by Trading_hawk
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.
NSE:BANKNIFTY
by Trading_hawk
Simple Trade Setup | BANKNIFTY | 21-12-2021 [ INTRADAY ]NSE:BANKNIFTY Observations: 1) On 1day time frame, it is just closed at the parallel channel bottom trendline. Please refer below chart : 1day Time Frame. 2) On 1 hr time frame,it decisively broke the trendline and closed below it. Now this trendline will work as support if it trades above this and it will work as resistance if it trades below it. Please refer below chart : 1hr Time Frame. 3) Again on 1 day time frame, we can see that it has major support range at 33952-34000 level. Below that it will be very weak. Please refer below chart : 1day Time Frame. ------------------------------------- Trade Setup for Date: 21-12-2021 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.
NSE:BANKNIFTY
by Trading_hawk
Simple Trade Setup | BANKNIFTY | 20-12-2021 [ INTRADAY ] NSE:BANKNIFTY Observations: 1) On 1day time frame, It has come below 200DMA again and now with now bottom wick. It is a stong bearish candle. If it sustain below 200DMA then we can see more weakness in Banknifty. 200DMA is placed at 35734.42 level. Please refer below chart : 1day Time Frame. 2) On 1hr time frame, we can see the trendline which was working as resistance and now it must work as support. But the trendline is still far away from the current level. Please refer below chart : 1hr Time Frame. ------------------------------------- Trade Setup for Date: 20-12-2021 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.
NSE:BANKNIFTY
by Trading_hawk
1
Simple Trade Setup | BANKNIFTY | 16-12-2021[ INTRADAY ]NSE:BANKNIFTY Since Tomorrow is expiry, hence only considering safe buy trade above 37020 sustainable breakout. Trade Setup for Date: 16-12-2021 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.
NSE:BANKNIFTY
by Trading_hawk
Simple Trade Setup | BANKNIFTY | 15-12-2021 [ INTRADAY ]NSE:BANKNIFTY Observations: 1) On 1day time frame,it managed to sustain above 10DMA. But, it is still below 21DMA. If it gives sustainable breakout of 21DMA then we can see up-move. 21DMA is placed at 36983.30 and 10DMA is palced at 36671.66 Please refer below chart : 1day Time Frame. 2) On 15min time frame, after it opened gap down below the support trendline it gave the breakout of it and touche 37000 level and then in last closing hour it tested this trendline and gets support from it. If it trades above it then it will works as support trendline. Please refer below chart : 15min Time Frame. ------------------------------------- Trade Setup for Date: 15-12-2021 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.
NSE:BANKNIFTY
by Trading_hawk
Simple Trade Setup | BANKNIFTY | 14-12-2021 [ INTRADAY ]NSE:BANKNIFTY Observations: 1) On 1day time frame,after trading around 200DMA now it is trading around 100DMA. Today it closed below 100DMA. 100DMA is placed at 37186 level. Sustainable breakout of 37186 will be good buying opportunity. Please refer below chart : 1day Time Frame. 2) On 15min time frame, we can see that the trendline which was previously working as resistance now it is taking support from it. hence this trendline is immediate support trendline. Please refer below chart : 15min Time Frame. ------------------------------------- Trade Setup for Date: 14-12-2021 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.
NSE:BANKNIFTY
by Trading_hawk
Simple Trade Setup | BANKNIFTY | 13-12-2021 [ INTRADAY]NSE:BANKNIFTY Trade Setup remains same as per previous setup. Trade Setup for Date: 13-12-2021 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.
NSE:BANKNIFTY
by Trading_hawk
Simple Trade Setup | BANKNIFTY | 10-12-2021 [ INTRADAY]NSE:BANKNIFTY Observations: 1) On 15min time frame, we can see the trendline, which will act as resistance if the price is trading below it. And it will work as support trendline if the price will be trading above it. Please refer below chart : 15 time Time Frame. ------------------------------------- Trade Setup for Date: 10-12-2021 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.
NSE:BANKNIFTY
by Trading_hawk
6
Simple Trade Setup | BANKNIFTY | 08-12-2021 [ INTRADAY]NSE:BANKNIFTY Observations: 1) On 1day time frame, it took again support from 200DMA and today it gave good bullish move. 200DMA is placed at 35716.03. Please refer below chart : 1 day Time Frame. ------------------------------------- Trade Setup for Date: 08-12-2021 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.
NSE:BANKNIFTY
by Trading_hawk
Simple Trade Setup | BANKNIFTY | 02-12-2021 [ INTRADAY]NSE:BANKNIFTY Observations: 1) On 1day time frame, after holding 200DMA yesterday, it bounce it from it and made bullish candle. 200 DMA is placed at 35709.24 level, which is major support now. Please refer below chart : 1 day Time Frame. ------------------------------------- Trade Setup for Date: 02-12-2021 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.
NSE:BANKNIFTY
by Trading_hawk
Simple Trade Setup | BANKNIFTY | 01-12-2021 [ INTRADAY]NSE:BANKNIFTY Observations: 1) On 1day time frame, it closed just below 200DMA. 200DMA is placed at 35707.33 level. If it sustain below it tomorrow then we can see weakness. 200DMA is major support. Please refer below chart : 1 day Time Frame. ------------------------------------- Trade Setup for Date: 01-12-2021 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.
NSE:BANKNIFTY
by Trading_hawk
Simple Trade Setup | BANK NIFTY | 23-11-2021 [ INTRADAY]NSE:BANKNIFTY Observations: 1) On 1day time frame, it is managed to close above 100DMA. 100DMA is placed at 36987.45 We can see that major support range if 36980-37000 level range. Please refer below chart : 1 day Time Frame. 2) On 1 day time frame also we can see that as per Fib retracement it is just above 61.8% level. If it sustain above it and takes support then we can see a pull back for tomorrow only. Please refer below chart : 1 day Time Frame. 3) On 1hr time frame, it has made rounding top pattern, which is a sign of bearishness. And now it is just near to support range. There can be two scenario, if it takes support from this support range then we can see a pullback. But if it gives sustainable breakdown of it then it will continue to be bearish. Please refer below chart : 1 hr Time Frame. ------------------------------------- Trade Setup for Date: 23-11-2021 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.
NSE:BANKNIFTY
by Trading_hawk
Simple Trade Setup | BANKNIFTY | 18-11-2021 [ INTRADAY]NSE:BANKNIFTY Observations: 1) On 1hr time frame, we can see that now it has come down to the middle trendline of major parallel range in which it was trading earlier. My personal view is that it may come down till 37500 and from that it can take good support from it. If not then on breakout of middle trendline of parallel channel it will bounce back. But if it faces resistance from middle trendline then it will be short trade. I am not able to adjust this channel in the levels chart so I am providing it separately. Please refer below chart : 1 hr Time Frame. 2) On daily time frame,it close below 50DMA and closed just above 38000 level. 50DMA is placed at 38408.22 level. If it goes below 38000 and sustain below then it is a sign of bearish trend. Please refer below chart : 1 day Time Frame. 3) On 15 min time frame, it is just at the bottom trendline of parallel resistance channel. Please refer below chart : 15 min Time Frame. ------------------------------------- Trade Setup for Date: 18-11-2021 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.
NSE:BANKNIFTY
by Trading_hawk
Simple Trade Setup | BANKNIFTY | 17-11-2021 [ INTRADAY]NSE:BANKNIFTY Observations: 1) On daily time frame,it closed just below 50DMA and also closed below 38500. 50DMA is placed at 38382.61 level. And closed just above 38300 level. Major support is at 38000 level and immediate resistance is now at 38500 and major resistance is at 38800 level. Please refer below chart : 1 day Time Frame. 2) On 15min time frame, it is still facing resistance to give breakout of parallel channel resistance. Please refer below chart : 15 min Time Frame. ------------------------------------- Trade Setup for Date: 17-11-2021 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.
NSE:BANKNIFTY
by Trading_hawk
2