NSE:BANKNIFTY First of all, wish you all the best for new F.Y. trading. Most of all the levels and trade setup, will be same as per previous level. Trade Setup for 01-04-2022 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...
NSE:BANKNIFTY Trade Setup for 30-03-2022 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...
NSE:BANKNIFTY Observations: 1) On 15min time frame, we can watch bullish flag and pole pattern. Please refer below chart : 15min Time Frame. ------------------------------------- Trade Setup for 24-03-2022 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...
NSE: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...
NSE: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...
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...
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...
NSE: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...
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...
BANKNIFTY Intraday Trade Setup For 02 Mar 2022 Buy-Above 36280 Sl-38180 T-36400 36560 Sell-Below 35890 Sl-35990 T-35690 35600 BANKNIFTY opened with a big gap down today. Then it made W pattern and took U turn and a V shape recovery was seen. Then after 12 noon huge volatility was created. We will be using the nd half trading session range to build our trade...
BANKNIFTY Intraday Trade Setup For 09 Feb 2022 Buy-Above 38225 Sl-38125 T-38440 38560 37727 Sell-Below 37590 Sl-37690 T-37300 37000 BANKNIFTY has formed a hammer in daily TF. Indicating that the current downtrend may stop here. It will be active above its high 38225. We planned to sell below 37800. Index fell 470+ points from there. It was a good trendy move. ...
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. ...
BANKNIFTY Intraday Trade Setup For 07 Feb 2022 Buy-Above 38910 Sl-38810 T-39200 39400 Sell-Below 38550 Sl-38650 T-38350 38200 BANKNIFTY gave very good profit in sell side on Friday. We planned only sell for Friday's trading session. As soon as index triggered our sell level 38850 it fell till 38570. It filled the gap created after budget day. Gap is filled and...
BANKNIFTY Intraday Trade Setup For 31 Jan 2022 Buy-Above 38000 Sl-37900 T-38150 38300 Sell-Below 37580 Sl-37680 T-37300 37150 BANKNIFTY has given a downside move after consolidation on Friday's trading session. This sentiment will continue below Friday's low. So we will plan for sell if index opens flat and crosses the level for the target of 37150. But if...
NSE:BANKNIFTY Observations: 1) On 1 hr time frame, it finally came decisively above the resistance channel. Please refer below chart : 1hr Time Frame. ------------------------------------- Trade Setup for 28-01-2022 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)...
BANKNIFTY 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,...
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...
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...