Long Nifty bank above the BO of marked TL above 40350 for the next target of 41260-42000 with SL 39800. All important levels have been marked on the charts. Good risk to reward trade. RSI is also forming positive divergences. W pattern is also seen on the charts. This is for your educational purpose only.
BankNifty Trading Levels For Tomorrow Trading Session
Resistance 41250-41300
Towards Target of 41500
With SL of 41200
Support 40550-40500
Towards Target of 40300
With SL of 40600
For Not only monday if market follows my path in this week then try to trade according to my analysis.
if market opens tomorrow gap-down or flat and start selling then wait for near 41000 level which is the first demand zone of my chart. After that wait for mkt to make higher highs then buy target till 42000. If market breaks the first demand zone then wait for...
Hi traders,
One of the biggest day of every traders and investors.
So my first request to every new traders and investors see the tomorrow's market avoid trading tomorrow. It is not easy to trade on that day.
Who are capable of understanding the levels and price action properly then only trade otherwise avoid don't use any indicator it will not work for sure....
Analysis may be wrong for 1 or even 2 days but using this trading style i gained very much points in banknifty in past because the R:R is good like 1:4 or 1:6. My analysis was for friday was wrong but i think you forget about the trade that we took and analysed on 12/01/23. but due to some rules and regulation the post was been private. Ok leave it.
Let's discuss...
My first video if i did any mistake then please tell me in the comment section.
In this video i gave all these important level for banknifty for tomorrow market. (31-01-23)
Disclaimer: This is for informational purposes only. It is not intended to be a solicitation or an offer to buy or sell any security or instrument or to participate in any particular...
Expected Momentum:
if market want to go for long then it should take a deeper pullback till 42300 and then bounce so hope for the best.
Disclaimer: This is for informational purposes only. It is not intended to be a solicitation or an offer to buy or sell any security or instrument or to participate in any particular trading strategy. The views and opinions...
After a sideways and also volatile 😅expiry i think everyone will now try to believe on my analysis because it will be good for them also🤣. I'm not showing my ego don't think like that i only want to show my trick to catch the market properly and avoid traps. Check my profile to see what did i say yesterday. (You can also find out in the 'Related ideas' section...
i didn't changed my mind from my own analysis which i have done for today's(18-01-2023) market on 17-01-2023. Check my profile i shorted market but with hedge position using next week exipry. Expecting bearish momentum tomorrow. Hope for the best.
Scene 1:
bnk nifty gap-up some points like 150-200 then in lower low condition then go short from the marked supply zone only
Scene 2:
bnk nifty may gap-down like huge (400-500 pts) because market mostly will be trending so in higher high condition go long from the chart's demand zone or wait till the first supply then you can short also in lower low...
NSE:BANKNIFTY
Trade Setup for 22-12-2022
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...
Posting after a long time...
#NIFTYBANK after breaking out from C&H around 41800 levels saw a steep rise & made high of 44120, an ATH. This zone of 44000-44120 haunted #NIFTYBANK for couple of days and today it witnessed some profit booking. What lies ahead?
1. Case is still in Bull's favour if you're a positional bull. 43000-43500 is decent support zone. BN if...
NSE:BANKNIFTY
Trade Setup for 21-12-2022
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
Most of everything remains same as per previous trade setup.
Trade Setup for 16-11-2022
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...
![BANKNIFTY: Simple Trade Setup | BANKNIFTY | 22-12-2022 EXPIRY [INTRADAY]](https://s3.tradingview.com/a/AlC9i1u9_mid.png "Simple Trade Setup | BANKNIFTY | 22-12-2022 EXPIRY [INTRADAY]")
![BANKNIFTY: Simple Trade Setup | BANKNIFTY | 21-12-2022 [INTRADAY]](https://s3.tradingview.com/4/4rgsXP9B_mid.png "Simple Trade Setup | BANKNIFTY | 21-12-2022 [INTRADAY]")
![BANKNIFTY: Simple Trade Setup | BANKNIFTY | 16-11-2022 [INTRADAY]](https://s3.tradingview.com/f/Fr84oBa6_mid.png "Simple Trade Setup | BANKNIFTY | 16-11-2022 [INTRADAY]")
