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Bank Nifty Intra Day Trade Strategy for 22/7/21Bank Nifty Trade Setup for 22nd July, 2021 – Bank Nifty Closes At 34415 Daily time frame – support – 33900 resistance - 35100 5 min time frame - resistance at 34900 and support at 34350 Sentiment of the Market – sentiment is bearish due to multiple result announcements Intraday Action for Various Possibilities - 1) Opens Flat - a) Goes Up- Buy CE only if it crosses 34550 b) Goes Down – Buy PE if it falls below 34100 2) Opens with Gap Up - a) But Below 34550 - Buy CE only if it crosses 34900 b) Above 34550 i) Its going up - Buy CE only if it crosses 34900 ii) Its going down -Wait for it to bounce back from 34550 and buy CE when crosses 34900 if it breaks 34350 - then no trade till 34100 and if it breaks 34100 then Buy PE below 34100 till 33900 and beyond. 3) Opens with Gap Down - a) Above 34350 - Wait for it to bounce back from 34350 and buy CE trade above 34550 only b) Below 34350- Keeps on falling then Buy PE up to a fall of 33900, 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 Happy Trading
NSE:BANKNIFTYShort
by FOMO_TRADER_
Bank Nifty Support & Resistance Levels for Tomorrow* Bank nifty made Inside candle in Day frame, If Previous day high or low will break we can see good move either side. * If we observe Bank nifty in 1Hr Time frame it seems like inverted flag However we have to take decision in live market as of now we have to Draw the crucial levels for Tomorrow. Support & Resistance levels Support: 35350 Resistance : 36150 Note : HDFC bank will announce their results Monday as HDFC has heavy weightage in Bank nifty it can move index significantly so if resistance will break chances are there that BN will touch 36500 levels. *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<<
NSE:BANKNIFTY
by Ravitejasreevatsav
Bank Nifty 13-7-2021Bank Nifty is looking quite bullish as Nifty 50 is also bullish but one thing that you should remember is that the Bank Nifty is considerably weak then Nifty 50. So you can expect a bullish view tomorrow. A gap up is expected because 1. There can be a break out due to ascending chart pattern that I analyzed in previous analysis. So keep an eye out their. 2. After analyzing the option chain we saw that the call writers exited their shorts in huge and amount and their is a short buildup heavily on the bullish or put side. 3. The PCR is 1.18 which is slightly overbought this is one of the reason why Bank Nifty is weak than Nifty 50. 4. The Bank nifty has gave a great closing of above the dangerous level of 35500 which is quite a bullish sign. Now, the major(Yellow) and immediate(Blue) supports and resistance zones are give below. You can have a bullish view for tomorrow. . . . . . . . . . . . . . . *Disclaimer*- This is just an analysis of the data on the basis of technical factors such as chart patterns, candlestick patterns, trend line , option chain data, etc,. Stock Market or Trading in any type of market is subject to high financial risk. You should see this idea as just an analysis. You are not obliged to follow my instructions. You will be responsible for all types gains or loses in the market.
NSE:BANKNIFTYLong
by vashishthviraaj
Bank Nifty Prediction for 08 July 2021Bank Nifty Prediction for 08 July 2021 Bank Nifty looks quite bullish and expect to test 36000 if the 35872 resistance taken out. Expect a flattish to slight gap up opening. If yesterday closing price sustains on opening we can possible take a long position and expect it to test 35870 levels and if that is taken out we can sit for our bullish breakout zone target. Any rejection around our Bullish breakout zone we can take possible PE and sit for lower targets.
NSE:BANKNIFTY
by RaviChandran_Rajkumar
Bank Nifty Bullish for now Breaking the channel in UPTREND BANK NIFTY IS BULLISH AFTER BREAKOUT NOW TARGET IS 36200 FOR NEXT WEEK. Today bank nifty crossed 35000 level in very fast move and braked the channel in 1 day and 15 minute chart after market opening. it has already braked the channel on 22nd of june 2021 but retest failed at support level, Today BN braked the channel and took the support around 35000 after passing the retest it flew from 35000 to 35500 in one go . Now banknifty faced resistance at 35500 and the support at 35000. as bank nifty is bullish of now it will brake the 35500 level then we can see 35800 and 36200 soon. 35800 and 36200 are resistance levels for BN.
NSE:BANKNIFTYLong
by akshaybatra020
Bank Nifty Intra Day Trade Strategy for 24/6/21 Bank Nifty Analysis – 24/6/21 Bank Nifty Closes At - 34574 Daily time frame – support – 34250 resistance - 35300 Upward trendline support - happens to be at 34250 5 min time frame - resistance at 34900 and support at 34500 Sentiment of the Market – sentiment is bearish Intraday Action for Various Possibilities - 1) Opens Flat - a) Goes Up- Buy CE only if it crosses 34650 b) Goes Down – Buy PE if it falls below 34350 2) Opens with Gap Up - a) But Below 34650 - Buy CE only if it crosses 34900 b) Above 34650 i) Its going up - Buy CE only if it crosses 34900 ii) Its going down -Wait for it to bounce back from 34650 and buy CE when crosses 34900 if it breaks 34500 - then no trade till 34350 and if it breaks 34350 then Buy PE below 34400 till 34200 and beyond. 3) Opens with Gap Down - a) Above 34500 - Wait for it to bounce back from 34500 and buy CE trade above 34650 only b) Below 34500- Keeps on falling then Buy PE up to a fall of 34250, initial support present at 34350 These Levels are for Safe Playing Traders Only and during Live Trading you can always make profit from Scalp Trading between these levels
NSE:BANKNIFTYShort
by FOMO_TRADER_
Bank Nifty Intra Day Trade Strategy for 23/6/21Bank Nifty Analysis - 23/6/21 (22/6&23/6 – same pattern as 17/5-18/5,19/5,20/5) Daily time frame – support - 34200 resistance - 35300 Upward trendline support - happens to be at 34200 5 min time frame - resistance at 35000 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 34900 b) Goes Down – Buy PE if it falls below 34450 2) Opens with Gap Up - a) But Below 34900 - Buy CE only if it crosses 35000 b) Above 34900 i) Its going up - Buy CE only if it crosses 35000 ii) Its going down -Wait for it to bounce back from 34900 and buy CE when crosses 35000 if it breaks 34700 - then no trade till 34400 and if it breaks 34400 then Buy PE below 34400 3) Opens with Gap Down - a) Above 34700 - Wait for it to bounce back from 34700 and buy CE trade above 34900 only b) Below 34700- Keeps on falling then Buy PE up to a fall of 34200, support present at 34400
NSE:BANKNIFTYLong
by FOMO_TRADER_
Bank Nifty Trade Plan for 16 June 2021Bank Nifty Trade Plan for 16 June 2021 Today's Trade Setup : Global clues looks little weak. Expected Bank Nifty to open slightly gap down. If Bank Nifty opens gap down, then 35134 & 35040 is the key support and immediate resistance is 35212. If Bank Nifty finds some support around 35040 it might test out 35212. If 35040 is taken out it might go to test the virgin CPR zone around 34860 levels. On the upside previous session high will be the target if 35212 is taken out.
NSE:BANKNIFTY
by RaviChandran_Rajkumar
Bank Nifty Trade Plan for 10 June 2021 - Expiry Day trade setupBank Nifty Trade Plan for 10 June 2021 How chart looks on HTF : Bank Nifty formed a bearish candle on daily time frame and manage to take support at previous support of 34600 levels. Expected Opening : Expecting a flattish opening in Bank Nifty Today's Trade Setup : Bank Nifty is weak compared to Nifty and expecting a flattish open. If opening range of 34800 sustains on opening then we can expect Bank Nifty to test out the previous weekly resistance of 34930 and next crucial resistance of 35066. If any rejection from 35066 we can expect it to again test the lower supports of 34800 & 34640 & lower. Expect Range for Bank Nifty is 35066 to 34400 Being expiry market to be very choppy and look out for premium decay, watch out for your entry timings.
NSE:BANKNIFTY
by RaviChandran_Rajkumar