Black Friday saleUp to 70% OFF

Shortbanknifty

Short Banknifty for intraday to btst. 05/07/2024Guy's Banknifty looking highly bearish from current levels. HDFC BANK is culprit for this so i have bearish trade in banknifty. You can participate by taking an option trade or shorting future trade with strict stop loss. 1st let's buy banknifty option 10th july 52700 pe now trading at 395 keep stop loss at 325 Targets will be 460/516/575++ Disclaimer:- I have given same trades to my clients. future trade:- Short 1 lot Banknifty Future now at 52727 Stop loss 53022 Targets 52567/52450/52325-- take one lot 52800 ce now at 267 (hedging banknifty strategy) Please go with less qty only.. max 3-5 lots will be good in option trade for better results. Please follow strict stop loss and Targets in this trade. Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades. Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's. Thankyou.
NSE:BANKNIFTY1!Short
by TraderRahulPal
Banknifty Daily ChartTrade Setup Short October Futures from the pullback level or current level. High Volatility Candlestick Chart 25% move from 32290 (17 Jun 2022) to 39759 (19 Aug 2022) If we draw Fibonacci retracement for the same level then the 38.20% level comes at 36906.40. Macd - Bearish Crossover Renko Chart Fake breakout of resistance at the level of 39011 and starts traded below the level. Red bricks start appearing. Heikin Ashi Chart A long red candle is formed. All recent lows are broken by this candle. Conclustion If the price starts its downward move, then it will test the levels of 36906.
NSE:BANKNIFTYShort
by ssvirdi
Bank Nifty : What;s Brewing & What's Next with Waves !BankNifty... After some 10 days we are back to Nifty's favorite brother BankNifty. Many of you might remember how we rode Nifty with Waves, Now same for BankNifty ? Let's see... We already caught the Wave-3 and made money{check prev.post if you have missed that post}, Now lets concentrate on Wave-4. BankNifty getting caught within 100 points range is rare occurence, now its in 19700's region which has prev. ranging zone. If we go down on timeframe {15mins}, we can see some ranging patterns, I cud have drawn that but I wanted to present overall view on BankNifty, so used Hourly. On the breakout 19700's{Short} & 19900's{Long}, if there is Long breakout on Banknifty it will be treated as Wave-5. Else we can grab few points in remaining wave-4, so after BankNifty reaches next zone 19400's we can decide what to do further. If you have doubts on Elliots, check TechM sunday special post on drawing Elliott's. Happy Trading !
NSE:BANKNIFTY
by InsiderB
25