Bank Nifty Buy to Sell SetupBank nifty recently broken major swing low, hence i'm looking for major sell at premium level... price currently retracing to upside hence look for short term buy to long term sell... note always look for lower time frame break of structure before taking any trade at POIs
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Bank Nifty Trade Plan for 02 NOV 2021Bank Nifty Trade Plan for 02 NOV 2021
Expect a possible gap up opening in Bank Nifty.
40050 is a first resistance to watch out in case of gap up opening.
If that is taken out taken out the next resistance is the breakout zone of 40172, if that is taken on upside we can expect 40400/40500 levels.
Any pull back to closing price or CPR on opening is a buying opportunity today.
Bank Nifty Trade Setup for 13 OCT 2021Bank Nifty Trade Setup for 13 OCT 2021
Expecting a gap up opening in case of Bank Nifty.
The first resistance to watch out is Bearish Reversal of 38650, if that is taken out we can expect higher levels are marked.
Any resistance from Bearish Reversal zone we can expect CPR to be tested out. We have strong support at 38394.
Bank Nifty Trade setup for 14 Sep 2021Bank Nifty looking bit weaker then Nifty.
BN closing below current day CPR.
In case of gap up opening, 36581 should provide a good resistance and in case that is taken on upside we can sit for Bullish Breakout zone of 36360.
If CPR is compromised on lower side we can expect 36300 levels to be tested again.
Bank Nifty: 9/06/2021Bank nifty is managing its levels in the range bound area.
As of my research, it creating a very good Head and shoulder pattern and it is inverted head and shoulder pattern.
36848 Levels are very important levels. So, kindly took your positive trades on this level.
"I am not a SEBI REGISTERED BROKER. So kindly initiate your trade by asking one of your financial advisors."
Bank Nifty Intra Day Trade Strategy for 30/7/21Bank Nifty Trade Setup for 30th July,2021 – Bank Nifty Closes At -34690
Daily time frame – support – 34350
resistance - 34950
5 min time frame - resistance at 34850 and support at 34585
Sentiment of the Market – sentiment is bullish
Intraday Action for Various Possibilities -
1) Opens Flat -
a) Goes Up- Buy CE only if it crosses 34770
b) Goes Down – Buy PE if it falls below 34585 with a big strong candle or if u want to play safe wait for it to fall below 34490
2) Opens with Gap Up -
a) But Below 34770 - Buy CE only if it crosses 34850
b) Above 34770
i) Its going up - Buy CE only if it crosses 34850
ii) Its going down -Wait for it to bounce back from 34770 and buy CE when crosses 34850
if it breaks 34770 - then no trade till 34585
and if it breaks 34585 with strong red candle then Buy PE below 34585 till 34490 and if it breaks 34490 then you can hold and wait to exit till 34350
3) Opens with Gap Down -
a) Above 34585 - Wait for it to bounce back from 34585 and buy CE trade above 34770 only.
If it breaks 34585 with strong red candle then buy PE at 34585 up to 34490
b) Below 34585-
Keeps on falling then Buy PE up to a fall of 34350, support present at 34490
These Levels are for Safe Playing Traders Only and during Live Trading you can always make profit from Scalp Trading between these levels as per market volatility and your own risk reward capacity
Bank Nifty Intra Day Trade Strategy for 29/7/21Bank Nifty Trade Setup for 29th July,2021 –
Bank Nifty Closes At 34532
Daily time frame – support – 33930
resistance - 35150
5 min time frame - resistance at 34950 and support at 34400
Sentiment of the Market – sentiment is neutral
Intraday Action for Various Possibilities -
1) Opens Flat -
a) Goes Up- Buy CE only if it crosses 34700
b) Goes Down – Buy PE if it falls below 34400 with a big strong candle or if u want to play safe wait for it to fall below 34100
2) Opens with Gap Up -
a) But Below 34700 - Buy CE only if it crosses 34950
b) Above 34700
i) Its going up - Buy CE only if it crosses 34950
ii) Its going down -Wait for it to bounce back from 34700 and buy CE when crosses 34950
if it breaks 34700 - then no trade till 34400
and if it breaks 34400 then Buy PE below 34400 uptill 34100 and if it breaks 34100 then u can wait to exit till 33930
3) Opens with Gap Down -
a) Above 34400 - Wait for it to bounce back from 34400 and buy CE trade above 34700 only.
If it breaks 34400 with strong red candle then buy PE at 34400 up to 34100
b) Below 34400
Keeps on falling then Buy PE up to a fall of 33930, support present at 34100
These Levels are for Safe Playing Traders Only and during Live Trading you can always make profit from Scalp Trading between these levels as per market volatility and your own risk reward capacity
Bank Nifty Intra Day Trade Strategy for 28/7/21Bank Nifty Trade Setup for 28th July, 2021– Bank Nifty Closes At - 34800
Daily time frame – support – 34150
resistance - 35350
5 min time frame - resistance at 35200 and support at 34650
Sentiment of the Market – sentiment is bullish
Intraday Action for Various Possibilities -
1) Opens Flat -
a) Goes Up- Buy CE only if it crosses 34950
b) Goes Down – Buy PE if it falls below 34400
2) Opens with Gap Up -
a) But Below 34950 - Buy CE only if it crosses 35200
b) Above 34950
i) Its going up - Buy CE only if it crosses 35200
ii) Its going down -Wait for it to bounce back from 34950 and buy CE when crosses 35200
if it breaks 34650 - then no trade till 34400
and if it breaks 34400 then Buy PE below 34400 till 34150 and beyond.
3) Opens with Gap Down -
a) Above 34650 - Wait for it to bounce back from 34650 and buy CE trade above 34950 only
b) Below 34650-
Keeps on falling then Buy PE up to a fall of 34150, support present at 34400
These Levels are for Safe Playing Traders Only and during Live Trading you can always make profit from Scalp Trading between these levels
Bank Nifty Intra Day Trade Strategy for 27/7/21Bank Nifty Trade Setup for 27th July, 2021 –Bank Nifty Closes At – 34,950
Daily time frame – support – 34,400
resistance – 35,350
Upward trendline support - happens to be at 34,400
5 min time frame - resistance at 35,150 and support at 34,850
Sentiment of the Market – sentiment is neutral
Intraday Action for Various Possibilities -
1) Opens Flat -
a) Goes Up- Buy CE only if it crosses 35,050
b) Goes Down – Buy PE if it falls below 34,700
2) Opens with Gap Up -
a) But Below 35,050 - Buy CE only if it crosses 35,150
b) Above 35,050
i) Its going up - Buy CE only if it crosses 35,150
ii) Its going down -Wait for it to bounce back from 35,050 and buy CE when crosses 35,150
if it breaks 34,850 - then no trade till 34,700
and if it breaks 34,700 then Buy PE below 34,700 till 34,400 and beyond.
3) Opens with Gap Down -
a) Above 34,850 - Wait for it to bounce back from 34,850 and buy CE trade above 35,050 only
b) Below 34,850-
Keeps on falling then Buy PE up to a fall of 34,400 support present at 34,700
These Levels are for Safe Playing Traders Only and during Live Trading you can always make profit from Scalp Trading between these levels
Bank Nifty Intra Day Trade Strategy for 26/7/21Bank Nifty Trade Setup for 26th July, 2021 – Bank Nifty Closes At - 35034
Daily time frame – support – 34400
resistance - 35350
Upward trendline support - happens to be at 35000
5 min time frame - resistance at 35200 and support at 34900
Sentiment of the Market – sentiment is bullish
Intraday Action for Various Possibilities -
1) Opens Flat -
a) Goes Up- Buy CE only if it crosses 35100
b) Goes Down – Buy PE if it falls below 34700
2) Opens with Gap Up -
a) But Below 35100 - Buy CE only if it crosses 35200
b) Above 35100
i) Its going up - Buy CE only if it crosses 35200
ii) Its going down -Wait for it to bounce back from 35100 and buy CE when crosses 35200
if it breaks 34900 - then no trade till 34700
and if it breaks 34700 then Buy PE below 34700 till 34400 and beyond.
3) Opens with Gap Down -
a) Above 34900 - Wait for it to bounce back from 34900 and buy CE trade above 35100 only
b) Below 34900-
Keeps on falling then Buy PE up to a fall of 34400, support present at 34700
These Levels are for Safe Playing Traders Only and during Live Trading you can always make profit from Scalp Trading between these levels
Bank Nifty Intra Day Trade Strategy for 23/7/21Bank Nifty Trade Setup for 23RD July, 2021– Bank Nifty Closes At - 34677
Daily time frame – support – 34350
resistance - 35450
5 min time frame - resistance at 35000 and support at 34550
Sentiment of the Market – sentiment is bullish
Intraday Action for Various Possibilities -
1) Opens Flat -
a) Goes Up- Buy CE only if it crosses 34750
b) Goes Down – Buy PE if it falls below 34450
2) Opens with Gap Up -
a) But Below 34750 - Buy CE only if it crosses 35000
b) Above 34750
i) Its going up - Buy CE only if it crosses 35000
ii) Its going down -Wait for it to bounce back from 34750 and buy CE when crosses 35000
if it breaks 34550 - then no trade till 34450
and if it breaks 34450 then Buy PE below 34450 till 34350 and beyond.
3) Opens with Gap Down -
a) Above 34550 - Wait for it to bounce back from 34550 and buy CE trade above 34750 only
b) Below 34550-
Keeps on falling then Buy PE up to a fall of 34350, support present at 34450
These Levels are for Safe Playing Traders Only and during Live Trading you can always make profit from Scalp Trading between these levels
Bank Nifty Intra Day Trade Strategy for 20/7/21Bank Nifty Trade Setup for 20TH July 2021– Bank Nifty Closes At - 35079
Daily time frame – support – 34650
resistance - 35600
Upward trendline support – Broken due to major gap down
5 min time frame - resistance at 35350 and support at 35000
Sentiment of the Market – sentiment is bearish due to bank results
Intraday Action for Various Possibilities -
1) Opens Flat -
a) Goes Up- Buy CE only if it crosses 35150
b) Goes Down – Buy PE if it falls below 34900
2) Opens with Gap Up -
a) But Below 35150 - Buy CE only if it crosses 35350
b) Above 35150
i) Its going up - Buy CE only if it crosses 35350
ii) Its going down -Wait for it to bounce back from 35150 and buy CE when crosses 35350
if it breaks 35000 - then no trade till 34900
and if it breaks 34900 then Buy PE below 34900 till 34650 and beyond.
3) Opens with Gap Down -
a) Above 35000 - Wait for it to bounce back from 35000 and buy CE trade above 35150 only
b) Below 35000-
Keeps on falling then Buy PE up to a fall of 34650, support present at 34900
These Levels are for Safe Playing Traders Only and during Live Trading you can always make profit from Scalp Trading between these levels
Bank nifty support& Res Levels for tomorrow (Cup Handle pattern)Bank nifty took Support @ 34650 levels on 2nd July and made bullish reversal candle in Day frame, Confirming the support Bank nifty Gap up and made Bullish Candle with Range of 300 points Today 5th July . If we Observe Previously Price got rejected from 35500 levels and market started falling(Ref: 4th & 28th June).So 35500 level will act as crucial level for tomorrow market.
Considerable Support & Resistance levels for Tomorrow
Support 1: 35000
Support 2: 34700
Resistance 1: 35500(As 35500 Acted as major resistance about 1month,if this level will break there is a chance that Bank nifty will rally upto 36000)
Resistance 2: 35800
>> Always Enter With good confirmation & Maintain proper Risk Reward.
******* Knowledge Purpose only ********
>> Visit My Ideas Page for Daily Stock Analysis & check my previous stock analysis how accurate they are for Swing and Intraday Trades.
Bank nifty support & Res Levels for tomorrowBank nifty support & Res Levels for tomorrow
Res : 35000
Sup_1 : 34400
Sup_2 : 33950
->> Always Enter With good confirmation & Maintain proper Risk Reward.
******* Knowledge Purpose only ********
->> Visit my Ideas Page for Daily Stock Analysis and check my previous stock analysis performance. I usually prefer Swing & Intraday Trades with Good Breakout confirmations and Best Risk Reward Stocks.