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Niftybanklevels

#banknifty Trade Setup NSE:BANKNIFTY As one can see cup & handle pattern is there but as per RSI if breakout happen for long one should go long with lite position and if find short opportunity as per given levels one can go little heavy on short side with sl as per their risk appetite and trade setup. ******whatever charts or levels sharing here or on any other platforms are just for educational purpose only, Not A Recommendation To Buy Or Sell. Please do your own analysis before taking any trade on them. We are not SEBI registered.
NSE:BANKNIFTY
by linesandlevels
Simple Trade Setup | BANK NIFTY | 15-03-2022 [INTRADAY]NSE:BANKNIFTY Observations: 1) On 15min chart, we can see temporary support channel. Breakdown of it can lead it to test 35000 / 34900 support level. Please refer below chart : 15min Time Frame. ------------------------------------- Trade Setup for 15-03-2022 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
2
BANKNIFTY Intraday Trade Setup For 14 Mar 2022BANKNIFTY Intraday Trade Setup For 14 Mar 2022 Buy-Above 34700 Sl-34600 T-34880 35000 35150 Sell-Below 34300 Sl-34400 T-34000 33800 33600 BANKNIFTY has traded almost inside the Thursday's trading range on Friday. It was a complete consolidation. It is trading between the range of 35000 and 34000. Index is likely to show a sideways momentum for somedays. Because Index has been trading with huge volatility for quiet some time. Also the FIIs and DIIs activity has subsided since last 3 days. Safe traders should wait till 35000 and 34000 is broken either side. Momentum will be seen above 35000 and below 34000. But aggressive trade can be done if we get a candle close above 34700 then we will buy for the target of 34880 and 35000. Above 35000 target will be 35200. For selling if we get a candle close below 34300 then we will sell for the target of 34100 and 34000. Below 34000 we will get a move till 33600. Safe traders should wait till 34000 is broke. In case of any big gap up/down , we will wait till 10 o'clock and trade that range breakout/breakdown.
NSE:BANKNIFTY
by Omahto
6
Simple Trade Setup | BANKNIFTY | 10-03-2022 [INTRADAY]NSE:BANKNIFTY Trade Setup for 10-03-2022 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
2
#Banbknifty Intraday Levels For Thursday 10-3-22NSE:BANKNIFTY 📊 Each levels Act as support and resistance 📈📉. One can trade on 3min, 5min and 15 min as per their trade set up. For reference, one can check our old published ideas. If any candle taking support from any level then try to identify that is that reversal candle at support or what if that is reversal candle then go long above that reversal candle and stop loss can be below that support line or that reversal candle's low whichever lower, same way if any candle getting resistance from any resistance level and if one can find reversal candle for short over there then one can short below that candle and stop loss can be that resistance line or that reversal candle's high whichever higher. Even one use their own trade setup with these levels. Everyday levels are different and same way the candles which going to be formed on support or resistance can be different, so cant say here perfect numbers to buy or sell or stop loss. Hope one can understand that better to trade with own wisdom in live market, even check future chart as well for better profitable trade. 📝 If anyone facing any issues or not understanding anything than please ask your doubts in comments. Become an independent trader take charge of your own trades Learn . Apply . Grow ******whatever charts or levels or ideas we are sharing here or on any other platform are just for educational purpose only, not a recommendation. Please do your own analysis before taking any trade on it. We are not SEBI registered.
NSE:BANKNIFTY
by linesandlevels
Simple Trade Setup | BANKNIFTY | 09-03-2022 [INTRADAY]NSE:BANKNIFTY All the levels and trade setup will remain same as per previous. Trade Setup for 09-03-2022 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
Simple Trade Setup | BANKNIFTY | 08-03-2022 [INTRADAY]NSE:BANKNIFTY Trade Setup for 08-03-2022 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
Simple Trade Setup | BANKNIFTY | 07-03-2022 [INTRADAY]NSE:BANKNIFTY Observations: 1) On weekly time frame, 34000 is major critical level. sustainable breakdown of it will give intraday fall. And closing below it make it bearish to test 32800 intermediate support and 32000 major support. Please refer below chart : Weekly Time Frame. 2) On 1hr time frame, we can see rounding top pattern. Which is bearish pattern. breakdown of 34000 will make it bearish. Please refer below chart : 1hr Time Frame. 3) On 15min chart we can plot short term resistance channel. Please refer below chart : 15min Time Frame. ------------------------------------- Trade Setup for 07-03-2022 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
Simple Trade Setup | BANKNIFTY | 04-03-2022 [INTRADAY]NSE:BANKNIFTY Observations: 1) On 15min time frame, we can see triangle pattern. Range of 34880-34985 is support range. Please refer below chart : 15min Time Frame. ------------------------------------- Trade Setup for 04-03-2022 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
BANKNIFTY Intraday Trade Setup For 22 Feb 2022BANKNIFTY Intraday Trade Setup For 22 Feb 2022 Buy-Above 37815 Sl-3700 T-38000 38330 38500 Sell-Below 37590 Sl-37690 T-37330 37200 37000 We discussed to sell BANKNIFTY below 37490. Index gave more than 300 points fall after our sell levels was triggered. It gave profit in the 1st 15 Min only. Then Our PRZ in NIFTY - 17080 was triggered that time BANKNIFTY was trading near 37200. As soon as it formed a doji candle and high was taken out. It shot up till 38000. Both moves gave good profit. Then after 1 o'clock double top was formed and it fell till 37600 level after breaking the neckline. Market looks bullish as of now. It tried to hold itself in today's trading session. So, if Index opens flat and a 15 Min candle closes above 37780. Then above 37815 we will buy fir the target of 38000 and 38300. No aggressive selling till 37200. Below 37200 we will see a good directional move. however we we do a quick scalp trade in sell side below 37590 for the target of 37500. Below 37500 we can see a downside move till 37300. Best trade will be in buy side. In case of a big gap up or gap down, wait till 10 o'clock and trade that range breakout/breakdown.
NSE:BANKNIFTY
by Omahto
BANKNIFTY Intraday Trade Setup For 21 Feb 2022BANKNIFTY Intraday Trade Setup For 21 Feb 2022 Buy-Above 37680 Sl-37580 T-37800 37900 38000 Sell-Below 37300 Sl-37400 T-37000 BANKNIFTY has closed almost flat on Friday. Also a range has been created since last 2 trading session. 38000 is the level above which a good directional move will come. And 37300 is the level below which index will give a good downside move. However we can do a scalp trade in buy side above 37680 for the target of 37800. Above 37800 we can get a move till 37900. Buying will be messy till index sustains above 38000. For selling 37300 is the level below which we will get a downside momentum till 37000. However one aggressive sell trade can be done below 37490 also. In that flow if index breaches 37300 then will hold the short position till 37000. 37000 will act as a support consider booking profits there. One reversal trade can be planned from here also for the target of 37300. In case of a big gap up or gap down we have to wait till 10 o' clock and trade that range. Also the first 15 min candle will be very important in this case.
NSE:BANKNIFTY
by Omahto
1
BANKNIFTY Intraday Trade Setup For 18 Feb 2022BANKNIFTY Intraday Trade Setup For 18 Feb 2022 Buy-Above 37930 Sl-37830 T-38130 38350 Sell-Below 37400 Sl-37500 T-37230 37000 BANKNIFTY as discussed yesterday that we will sell below 37800. It gave a 300 point move in the downside. Then Index turned total sideways. Once again it has made range in intraday. Range is 37500 in the downside and 38000 in the upper side. Tomorrow's trade setup is simple, once again we will sell below today's low i.e 37400 for the target of 37230 and 37025. 37000 will act as support so book profits there. Buying can be avoided as of now. For buying we need a 15 candle close above 37870. Then if 37930 is crossed we will buy for the target of 38150 and 38350. Incase of a big down if first 15 candle has a lower price rejection or makes a bullish hammer then we will buy above that candle high. Best trade will be with flat opening.
NSE:BANKNIFTY
by Omahto
1
Simple Trade Setup | BANK NIFTY | 15-02-2022 [INTRADAY]NSE:BANKNIFTY Observations: 1) On 1day time frame, it is coming near to 200DMA. 200DMA is placed at 36454 level range. Please refer below chart : 1day Time Frame. ------------------------------------- Trade Setup for 15-02-2022 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
Simple Trade Setup | BANKNIFTY | 09-02-2022 [INTRADAY]NSE:BANKNIFTY Trade setup and levels will be same as per previous one. Trade Setup for 09-02-2022 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
Simple Trade Setup | BANKNIFTY | 08-02-2022 [INTRADAY]NSE:BANKNIFTY Observations: 1) On 1 day time frame, we can see that it is trading above 100DMA. After giving breakout of the resistance channel it is back again inside the triangle pattern. Now below it has support channel and 100DMA as support. Breakdown of it can make is more bearish. Please refer below chart : 1day Time Frame. ------------------------------------- Trade Setup for 08-02-2022 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
BANKNIFTY Intraday Trade Setup For 08 Feb 2022BANKNIFTY Intraday Trade Setup For 08 Feb 2022 Buy-Above 38100 Sl-38000 T-38250 38450 Sell-Below 37800 Sl-37900 T-37500 37260 37000 BANKNIFTY has fallen 750 points from our sell level. It was too volatile in the 1st 30 Min. Swings were wild. After 10:30 we got breakdown of 38550. Also the 15 Min was also broken at the same time. It was good trending day. The fall came mainly from HDFC and BAJAJ twins. No pullback was seen and index fell non stop. It has made a doji candle in the hourly chart. So we can expect this fall to cool down here. It is valid till the low is safe. Below 37800 we will again see the same trendy move downside. Below 37800 we will sell for the target of 37500. And if we see a range at 37500 and if that range is once again broken in the lower side. Then we will once again sell below 37500 for the target of 37000. For buying we need a candle close above 38100. Target will be small as it is against the hourly trend. Quick profit booking is required in buying side. Index is sell on rise as of now. Trade all the breakdowns, bear flags and support breakdown. Best opportunity will be in sell side. Buying can be ignored. And shorting opportunity at higher levels can be done, if we see any trendline breakdown in intraday.
NSE:BANKNIFTY
by Omahto
5
BANKNIFTY Intraday Trade Setup For 03 Feb 2022BANKNIFTY Intraday Trade Setup For 03 Feb 2022 Buy-Above 39400 Sl-39300 T-39560 39785 40000 Sell-Below 39100 Sl-39200 T-39000 38800 BANKNIFTY as discussed that it is ready to give a breakout above 38900. BANKNIFTY moved 38900 to 39380+. Option buying was a bit tricky. Option selling gave very good profit as VIX crashed after the event. We planned not to sell aggressively. Only thing was index opened with a big gap up that is why momentum was less. This bull sentiment will continue above today's high. So, we will buy above 39400 for the target of 39550 and 39800 and 40000. Also trail sl to today's low who have longed after the breakout. For selling we need price action below 39200. Selling can be avoided as of now. However tomorrow is weekly expiry so we can see 2 way moves. Today was trending.
NSE:BANKNIFTY
by Omahto
2
Simple Trade Setup | BANKNIFTY | 31-01-2022 [INTRADAY] NSE:BANKNIFTY Observations: 1) On 1 day time frame, it closed just above 100DMA. 100DMA is at 37596.89 level. currently it is immediate support. Below this it can try to test 37500 and 37000 level. Please refer below chart : 1day Time Frame. 2) On 1 hr time frame, we can see the triangle pattern in long-term with resistance channel and support channel. We will keep this in mind for all futher trade setup and for our reference. Please refer below chart : 1hr Time Frame. Zooming in the same chart for recent price action for reference. Please refer below chart : 1hr Time Frame. Same chart on 15min time frame. Please refer below chart : 15 min Time Frame. ------------------------------------- Trade Setup for 31-01-2022 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
8
BANKNIFTY Intraday Trade Setup For 27 Jan 2022BANKNIFTY Intraday Trade Setup For 27 Jan 2022 Buy-Above 38000 Sl-37900 T-38150 38300 Sell-Below 37300 Sl-37400 T-37150 37000 BANKNIFTY has hit target of 36500 On Monday. On Tuesday's trading session it has formed a Bullish Engulfing candle in daily TF. As our buy level was triggered index gave a very good momentum upside. On Expiry day if index consolidates between 37900-37700 and breaks the range upside above 38000 that will be the best trade in buy side. Targets will be 38200 and 38300. For selling we need need a 5 Min candle close below 37300 target will be of 150 points. While below 36700 we will plan for bigger targets of 300-400 points. 37900 can act as a supply zone if we find a rejection or negative candle then we will short below that candle low for the target of 37500. The trading range is bigger so trade carefully with strict stop losses as intraday moves are bigger.
NSE:BANKNIFTY
by Omahto
Simple Trade Setup | BANKNIFTY | 27-01-2022 [INTRADAY]NSE:BANKNIFTY Observations: 1) On 1 day time frame, it closed just above 100DMA. And also it made bullish engulfing candle. And it managed to close above 37700 level. Please refer below chart : 1day Time Frame. 2) On 15 min time frame, it closed above the resistance channel. And also it made rounding bottom pattern and closed just above the neckline of it. Please refer below chart : 15 min Time Frame. ------------------------------------- Trade Setup for 27-01-2022 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
BANKNIFTY Intraday Trade Setup For 24 Jan 2022BANKNIFTY Intraday Trade Setup For 24 Jan 2022 Buy-Above 37750 Sl-37650 T-38000 38200 Sell-Below 37200 Sl-37300 T-37000 36800 BANKNIFTY has fallen and traded below day low since last 4 trading session. On Friday we saw a rebound, short covering move. This move will continue above Friday's high. We will buy above above 37750 for the target of 38000 and 38200.The ideal trade would be on flat opening. A big gap up will create volatility and we have to wait till 10 o' clock. For selling the trigger is a bit far. No aggressive sell at this point. For selling daily candle is not so promising. Index can also give a pullback of the last week down move till 38200.
NSE:BANKNIFTY
by Omahto
BANKNIFTY Intraday Trade Setup For 21 Jan 2022BANKNIFTY Intraday Trade Setup For 21 Jan 2022 Buy-Above 38100 Sl-38000 T-38200 38300 Sell-Below 37590 Sl-37690 T-37350 BANKNIFTY continued its downside momentum today also. We planned to sell below 37780 index gave more than 180 points profit in sell side. However index showed weakness when 38000 was broke in the morning only. Coming to Friday's trade setup, we will once again sell below today's low 37590 for the target of 37350. Buying can be avoided as of now. We need price action above 38200 for a buy trade. However if we get a closing above 38060 in 15 min TF then we can plan a buy trade for the target of 100 points.
NSE:BANKNIFTY
by Omahto
Simple Trade Setup | BANKNIFTY | 17-01-2022 [INTRADAY]NSE:BANKNIFTY Most of levels and trade setup remains same as per previous. Trade Setup for 17-01-2022 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