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Niftybankintralevels

Simple Trade Setup | BANKNIFTY | 15-11-2021 [ INTRADAY]NSE:BANKNIFTY Observations: 1) On daily time frame, it is still holding it above 50DMA and also 38500 level range. Which is a good sign. 38500 is immediate critical support level. Please refer below chart : 1 day Time Frame. 2) On 15 min time frame, it is facing resistance from falling parallel channel. sustainable breakout of it will give good upmove. Please refer below chart : 1day Time Frame. ------------------------------------- Trade Setup for Date: 15-11-2021 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
8
Simple Trade Setup | BANKNIFTY | 11-10-2021 [ INTRADAY]NSE:BANKNIFTY Observations: 1) On daily time frame, if we put FIB retracement then we can see that it stayed between 50% and 61.80% level of FIB RETRACEMENT. Please refer below chart : 1 day Time Frame. 2) On 1hr time frame we can see that it is just above the upper trendline of parallel channel. Please refer below chart : 1 hr Time Frame. 3) On 15min Time frame, we can see it has been trading in decending triangle pattern. If it gives breakdown below then it will be bearish and if it gives breakout of the triangle wedge then it will be bullish. Please refer below chart : 15min Time Frame. ------------------------------------- Trade Setup for Date 11-11-2021: 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
11
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. ------------------------------------- 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.
NSE:BANKNIFTY
by Trading_hawk
Simple Trade Setup | BANKNIFTY | 09-11-2021 [ INTRADAY]NSE:BANKNIFTY Observations: 1) On daily time frame, we can see after provisonal closing it closed below 21DMA and 39500 level which is major resistance. 21DMA is also placed at the same level range - 39498.26 level. Please refer below chart : 1 day Time Frame. 2) Also on daily time frame, good thing is that it managed to closed above the major support range of 39284-39350 level range. Please refer below chart : 1 day Time Frame. ------------------------------------- Trade Setup for Date 09-11-2021: 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 | 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.
NSE:BANKNIFTY
by Trading_hawk
Simple Trade Setup | BANKNIFTY | 03-11-2021 [ INTRADAY]NSE:BANKNIFTY Most of the levels remains same. Observations: 1) On daily time frame, in last we have applied FIB retracement on daily time frame. And today it closed just near 38.20% level of Fib Retracement. If it sustain above this level tomorrow then we can see 40656 as next big level may be in a day or two. Please refer below chart : 1 day Time Frame. ------------------------------------- Trade Setup for Date 03-11-2021: 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 | BANK NIFTY | 02-11-2021 [ INTRADAY]NSE:BANKNIFTY Observations: 1) On daily time frame,Friday it has closed above 21DMA and on 01-11-2021 it took support from 21 DMA and made bullish candle. Please refer below chart : 1 day Time Frame. 2) On daily time frame, If we apply Fib retracement then we can see that it has given good upmove from 61.8% level of FIB retracement. Please refer below chart : 1 Day Time Frame. ------------------------------------- Trade Setup for Date 02-11-2021: 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 | BANK NIFTY | 01-11-2021 [ INTRADAY]NSE:BANKNIFTY Observations: 1) On daily time frame, we can see that it tested critical support of 38500 level range and managed to close above 21DMA which is placed at 38992.41 level. Please refer below chart : 1day Time Frame. ------------------------------------- Trade Setup for Date 01-11-2021: 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 | 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.
NSE:BANKNIFTY
by Trading_hawk
Simple Trade Setup | BANKNIFTY | 22-10-2021 [INTRADAY]NSE:BANKNIFTY Observations: 1) On 15min time frame, we can see a major support trendline. As far as it is above this we will not see major downfall. Breakdown of this will lead to major downfall. Please refer below chart : 15 min Time Frame. 2) Also On 15 min time frame, we can see major support zone is from 39284 to 39350. In worst case it can come down to this range and may give reverse. Breakdown of this range will make Banknifty weak and bearish. Please refer below chart : 15min Time Frame. ------------------------------------- Trade Setup for Date 22-10-2021: 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.
NSE:BANKNIFTY
by Trading_hawk
Simple Trade Setup | BANKNIFTY | 21-10-2021 [ INTRADAY]NSE:BANKNIFTY Trade Setup for Date 21-10-2021: 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.
NSE:BANKNIFTY
by Trading_hawk
1
Simple Trade Setup | BANKNIFTY | 12-10-2021 [INTRADAY]NSE:BANKNIFTY Observations: 1) On 15 min time frame we can see that it is trading in parallel channel now. Upper line will work as resistance and bottom line will work as support. Middle line will work as support and resistance. Please refer below chart : 15min Time Frame. ------------------------------------- Trade Setup for Date 12-10-2021: 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.
NSE:BANKNIFTY
by Trading_hawk
27
Simple Trade Setup | BANKNIFTY | 11-10-2021 [ INTRADAY] NSE:BANKNIFTY Levels remains the same as per previous trade setup. Only support and resistance line added/changed a bit. Trade Setup for Date 11-10-2021: 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 respsective level considering how price action works near that level.
NSE:BANKNIFTY
by Trading_hawk
Simple Trade Setup | BANKNIFTY | 08-10-2021 [ intraday]NSE:BANKNIFTY Observations: 1) On 1 day time frame, we can see that it took support from 10DMA and maintained to close above it. Please refer below chart : 1day Time Frame. ------------------------------------- Trade Setup for Date 08-10-2021: 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. Please refer below chart just for reference. 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 respsective level considering how price action works near that level.
NSE:BANKNIFTY
by Trading_hawk
Simple Trade Setup | BANKNIFTY | 07-10-2021 [ INTRADAY]Please refer my earlier post of previous trade setup to know about parallel channel support which BANK NIFTY is having. I am putting it in link section at bottom of this post. Resistance line will only work as support once it breaks it & then it test it for support. Trade Setup for Date 07-10-2021: 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 respsective level considering how price action works near that level.
NSE:BANKNIFTY
by Trading_hawk
2
Simple Trade Setup | BANKNIFTY | 05-10-2021 [INTRADAY]NSE:BANKNIFTY Trade Setup for Date 05-10-2021: 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 respsective level considering how price action works near that level.
NSE:BANKNIFTY
by Trading_hawk
Simple Trade Setup | BANKNIFTY | 04-10-2021 [INTRADAY]NSE:BANKNIFTY Observations: 1) On 1hr time frame, if you can remeber from my past BANKNIFTY TRADE setup that we have a parallel channel support for BANKNIFTY. On Friday,01-10-2021, it took support from the upper trendline of that parallel channel. I am also putting that previous idea in which I talk about that parallel channel. Please refer it in link section at the bottom of this article. Please refer below chart : 1hr Time Frame. 2) On 15min time frame, we can see that upper trendline of that parrallel channel. Which is a strong support for Banknifty. Untill and unless it is trading above it, Banknifty is having primary trend as bullish. Please refer below chart : 15 min Time Frame. ------------------------------------- Trade Setup for Date 04-10-2021: 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 respsective level considering how price action works near that level.
NSE:BANKNIFTY
by Trading_hawk
Simple Trade Setup | BANK NIFTY | 30-09-2021 [ INTRADAY]NSE:BANKNIFTY Observations: 1) On 15 min time frame, there are two lines 1) resistance line and 2) Temporary support line. If it open in between then breakout on either side will give move on that side but better to trade with levels only. Please refer below chart : 15min Time Frame. ------------------------------------- Trade Setup for Date 30-09-2021: 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 respsective level considering how price action works near that level.
NSE:BANKNIFTY
by Trading_hawk
Simple Trade Setup | BANKNIFTY | 29-09-2021 [INTRADAY]NSE:BANKNIFTY Trade Setup for Date 29-09-2021: 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 respsective level considering how price action works near that level.
NSE:BANKNIFTY
by Trading_hawk
Simple Trade Setup | BANKNIFTY | 28-09-2021 [INTRADAY]NSE:BANKNIFTY Observations: We can see that two trendlines, 1) Resitance Trendline & 2) Support Trendline. Brekout of either side will give quick move on that side. Please refer below chart. ------------------------------------- Trade Setup for Date 28-09-2021: 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 respsective level considering how price action works near that level.
NSE:BANKNIFTY
by Trading_hawk
Simple Trade Setup |BANKNIFTY | 22-09-2021 [INTRADAY]NSE:BANKNIFTY Observations: 1) On 15 time frame, It made reverese from the upper trendline of parallel channel. People who are following my ideas may know about this trendline. But who are going through this post for the first time then you can refer in some of my previous post for Banknifty. I am adding the link of those tradesetup at the bottom in the link section. Please refer below chart : 15 time frame. ------------------------------------- Trade Setup for Date 22-09-2021: 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 respsective level considering how price action works near that level.
NSE:BANKNIFTY
by Trading_hawk
7