BANK NIFTY (NIFTY BANK) Option trading analysis for 06 July 2021IMPORTANT NOTE: Trade in 5 Min and 15 Min Time frame, the TradingView is not allowing to post in the smaller time frame and I have no money to buy premium plan so please trade as per given time frame and level and targets
CALL TRADE ANALYSIS
BANK NIFTY is looking bullish, if it breaks 32382, it will try to achieve targets 1st (35438) , 2nd Target (35474), and 3rd Target will be 35530.
PUT TRADE ANALYSIS
If the Market turns to bear side then short after 35316 for target 1st 35249 and 2nd 35159.
(Capture your profit timely in the bearish side because the market can turn and time to bullish )
Note:
Black Lines: Breakout point, If it breaks go for long, and if it breaks go for short.
BLUE LINES: Target and Resistance lines, If if breaks go for long to other green lines.
RED LINES: Target and Support lines, If if breaks go for short to other red lines.
DISCLAIMER:- I Am Not SEBI Registered Analyst or financial adviser.
All Post and Levels Posting Only For learning Purpose. Not Giving Any Recommendations For Trade. I'm Not Responsible For Your Any Kind Of Loss Or Profit. Before trading please consult with your financial advisor.
No Claim, All Rights Reserved.‼️
Niftybanktrend
INVERTED CUP & HANDLE PATTERN IN NIFTY BANKWhere nifty has been seeing making new ATH almost every other day, bank nifty is struggling to keep up with the same pace.
Technicals analysis, just tells us the probability of happening of a situation. And now sighting of a strong bearish pattern hence trade with caution for the coming week!
Bank Nifty ( Pure Price Action)Banknifty fell from a big support zone and now trying to retest the new resistance which once was a good support from 25th March. Market may take resistance and keep the fall going as there is no likely a good news for market but we sure do have a bad one of Corona Lockdown.
Follow for More Price Action Charts
banknifty shortBanknifty can fall this week
1. Brearish trend
2. Last support at 32350 if any candle can close below 32350 then breakdown will confirm
3. Price is on upper band of channel and trendline resistance is 32885 or support is 30330 so huge chances of downside
4. Resistance Rejection candle on 1 hr time frame.
5 RSI break the support trendline at 2hrs timeframe.
That's are the major point and reason can be for banknifty fall.
#banknifty intraday levels for Monday 15-03-2021NSE: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 gonna 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.
******whatever charts or levels sharing here are just for educational purpose only not a recommendation. please do your own analysis before taking any trade on them. we are not SEBI registered.
📊#BANKNIFTY INTRADAY LEVELS FOR 24-01-2021 🎯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 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 gonna 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.
******whatever charts or levels sharing here are just for educational purpose only not a recommendation. please do your own analysis before taking any trade on them. we are not SEBI registered.
Pure Price Action (Once resistance may act as Support)Bank Nifty is in downtrend from past 2 days and now it has reached to "once a resistance zone now may act as a good support" Zone. The rectangle zone may act as a good support now,
Bank Nifty is now all set to move up again and we may see 37500 again by next week,
For safe trading wait for the trend line to break
"if you respect trend lines the market will respect you with good amount of trades"
📊#BANKNIFTY INTRADAY LEVELS FOR 15-02-2021 🎯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 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 gonna 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.
******whatever charts or levels sharing here are just for educational purpose only not a recommendation. please do your own analysis before taking any trade on them. we are not SEBI registered.
📊 #banknifty at strong resistance 🎯NSE:BANKNIFTY
Banknifty at strong resistance. as wee can see reversal candle at Harmonic PRZ we can expect fall but short only after conformation of your trade setup with stop loss.
******whatever charts or levels sharing here are just for educational purpose only not a recommendation. please do your own analysis before taking any trade on them. we are not SEBI registered.
📊#BANKNIFTY INTRADAY LEVELS FOR 12-02-2021NSE: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 gonna 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.
******whatever charts or levels sharing here are just for educational purpose only not a recommendation. please do your own analysis before taking any trade on them. we are not SEBI registered.
📊#BANKNIFTY INTRADAY LEVELS FOR THURSDAY 21-01-2021NSE: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 gonna 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.
******whatever charts or levels sharing here are just for educational purpose only not a recommendation. please do your own analysis before taking any trade on them. we are not SEBI registered.
📊#BANKNIFTY INTRADAY LEVELS FOR 13-01-2021NSE: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 gonna 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.
******whatever charts or levels sharing here are just for educational purpose only not a recommendation. please do your own analysis before taking any trade on them. we are not SEBI registered.
📊#banknifty intraday levels for Monday )4-01-2021NSE: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 gonna 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.
******whatever charts or levels sharing here are just for educational purpose only not a recommendation. please do your own analysis before taking any trade on them. we are not SEBI registered.
BankNifty Trade | Dec. 30th 2020BankNifty is approaching the resistance of 31470, sell near that price if we see the price rejection in 15 mins timeframe for the targets of 150 points (31320).
Consider buying only if sustains above 31470 for 31570 and 31650 as Intraday Targets.
Happy Trading!
InvestPro India Team