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Niftybanklevels

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 | 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 | 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
Simple Trade Setup | BANK NIFTY | 16-09-2021 [INTRADAY]NSE:BANKNIFTY Trade Setup for Date 16-09-2021: 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. 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.
NSE:BANKNIFTY
by Trading_hawk
14
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.
NSE:BANKNIFTY
by Trading_hawk
1
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.
NSE:BANKNIFTY
by Trading_hawk