NIFTY BANK BANKNIFTY

Amit_Ghosh

Buy 36500PE @ 92 Sell 36700PE @ 121 Sell 38600CE @ 85 Buy 38800CE @ 59 Note - One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy...

TradZoo

Today will be gap down opening in banknifty. Expected opening near 37500 level. After opening in case banknifty starts trading below 37450 level then possible further downside of 400-500 points in banknifty. Upside rally possible only above the 38000 level. For today's session 37000 will act as an important support and expected banknifty will hold this support.

abhineetramjiwal

In this chart we've marked 2 price levels which have been determined based on previous day high ( PDH ) and previous day low ( PDL ) of Banknifty . The zone between these two price levels is a strict "No Trade Zone". If Banknifty crosses/opens or stays above the PDH , we will be looking for long opportunities and if Banknifty crosses/opens or stays below the PDL...

mufeethmohd

Nifty is looking bearish for now due to weakness in the market. It can bounce back from one of these supports. Wait for confirmation of reversal before entry. Breaking the previous swing low can cause further correction.

ChartMantra

Good morning all, Yesterday: Nothing new was visible but the hangover from day before made us meet our short target. Today: We have a decent pullback of around 23% from the top met on 12th and 18th and can be just the trigger we need for a good south side move. Below 37000, the road to 34000 looks like a highway. On the 'long side' with RSI taking resisting...

sreebhashyam

Nifty bank bulls failed to hold and broke the 37900 area did go down but held on the broader market hitting support around the 17650 area. The canvass does not appear well for the bulls and the risk is they loose 37200 (vital) and may push towards 35500 area (not for the day though). In sum the bulls are capped by 38400 and risk towards 37200 as first target. A...

TRADEWITHFUN247

1) Risk reward favorable 2) Big Trend is still bullish 3) It looks like correction not as reversal 4) Taken support at crucial Pivot

Amit_Ghosh

Sell 35400PE @ 24 Sell 40200CE @ 11 Note - One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all. ======= I use shorthands for...

SachiinRajendraGaiikwad

NSE:BANKNIFTY buy or short sell intraday. Date 21.1.22, time 14.43

SriTrader5121

Hello Traders, BANK-NIFTY@21/01/2022 --------------------------------- Opened as a Gap-Down, below PDL. Market was took the support at S@2-Zone then went to S@1-Zone and reversed. Again market was took the Support at S@2-Zone then went to Support-Zone and reversed. Market was broken our levels PDL and S@1. Once again market took the support at S@2 and...

Finsensei69

Banknifty has just broken its support and its eyeing to go further down

EntryandExit

I hope you can now see how Banknifty represents an excellent low risk profit entry setup allowing you to trade in the market. Take positions so that the risk/reward is in your favor. Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis . Disclaimer: It should not be assumed that...

vaibhavjan72

be alert range 38100 to 369950 if day low break then fall more 37350 to 36950 this is my view please trad carefully..............

pruthvig1604

Bank nifty has bounce back from recent low from December 20th 2021 which can be confirmed as per the Fibonacci retracement 30 % rejection. next important Resistance for Bank nifty is 38446. and also the Bank nifty index heavy weight stocks like HDFC and ICICI are up on 22 Jan 2022. SBI also being higher side give bit more strength to the index at this point.

sketchitesh

Explained in chart. Bank nifty trade pattern for 21.01.22. Do follow price action. Sentiment is bearish market making head for budget days. Be prepared.

The_Indus_Trader

Bank Nifty formed A hammer Candle in the Daily time frame, and also formed Fibonacci Cluster. In 15 Mins Time Frame, it formed a channel and if it breaks the channel 38370. then if it also breaks 38079 then we can go for long till Resistance as Target. Or else it will only travel in the channel formed. so plan your trades accordingly What we believe in:- °Trade...

learntradingwithkb

Bank Nifty Supply and Demand zone for 21st Jan....................

SriTrader5121

Hello Traders, BANK-NIFTY@21/01/2022 ------------------------------- If Market Opened as a- GAP-UP : Support of Resistance (BUY) – Rejection of Resistance (SELL) FLAT : Support of IMP (BUY) – Rejection of Support (SELL) GAP-DOWN : Support of Support (BUY) – Rejection of Support (SELL) ------------------------------------- Happy Learning and Trading. ...