BN TRG 50528 & HIGHERBN Trgs on chart. Trade as per levels. Bias up as long as sustains abv 49935. Also note trend change date 12th June. Mark h/l of this date for further direction. Look for updates. Longby lalitsethUpdated 2
BANKNIFTY SHORTExpecting BankNIfty might REach 45000 My algorithm shows signs of fall Be Careful Shortby futures572options1
Bank Nifty - June 10We had a narrow range movement for the past two days, especially on Friday afternoon session, price moved in a line formation. Pattern : Consolidation. Range : Medium. Trend strength : Normal. Buy Above : 49800. Stop Loss : 49720. Targets : 49880, 49960, 50040, 50160 and 50280. Sell below : 49600. Stop Loss : 49680. Targets : 49540 ,49460,49340, 49260 and 49120. Check the live market updates. Hit the like button to Rock !! Show some energy !! Note : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell. You are responsible for whatever you do.by vanathiUpdated 2223
[INTRADAY] #BANKNIFTY PE & CE Levels(10/06/2024) Today will be gap up opening in BANKNIFTY. After opening if banknifty sustain above 49550 level then possible upside rally of 400-500 points upto 49950 level & this rally can extend another 400 points if market gives breakout 50050 level in todays session. Any Major downside only expected in case banknifty starts trading below 49450 level. also possible reversal downside 49950 level. by TradZoo0
BankNifty Support & Resistance Levels for 10.06.2024Support Levels: Near Support Zone (15m) for Intraday: 48,801 - 49,055 Far Support Zone (75m): 47,386 - 48,245 Resistance Levels: Major Resistance/Supply Zone (Daily): 50,092 - 51,133.20 (remains the same)by PriteshPal1
#Banknifty directions and levels for June 10th.BankNifty also has the same sentiment, but the levels are slightly different: > If the market breaks the 78% Fibonacci level on the upside, we can expect a minimum move to 50,557. This is a supply zone, so if the market rejects there, we can expect a minimum correction of 38% in the minor swing. or If it consolidates there(around supply zone), then the rally will likely continue. > On the other hand, if the market takes a correction, it may consolidate between the level of the minor demand zone at 49,547. However, if it breaks the minor demand zone, then the correction will likely continue. We can expect a minimum move to 49,129 to 48,772.by Manickamtraders4
DataBase Option's Trading #Optionchain #TradingviewTopic - DataBase Option's Trading How does option trading work? Options trading means buying or selling an asset at a pre-negotiated price by a certain future date. You can get started trading options by opening an account, choosing to buy or sell puts or calls, and choosing an appropriate strike price and timeframe. What Are Options? Options are financial contracts that give the holder the right to buy or sell a financial instrument at a specific price for a certain period of time. Options are available for numerous financial products, such as stocks, funds, commodities, and indexes. Options trading may seem overwhelming at first, but it's easy to understand if you know a few key points. Investor portfolios are usually constructed with several asset classes. These may be stocks, bonds, ETFs, and even mutual funds. Options are another asset class, and when used correctly, they offer many advantages that trading stocks and ETFs alone cannot. KEY TAKEAWAYS An option is a contract giving the buyer the right—but not the obligation—to buy (in the case of a call) or sell (in the case of a put) the underlying asset at a specific price on or before a certain date. People use options for income, to speculate, and to hedge risk. Options are known as derivatives because they derive their value from an underlying asset. A stock option contract typically represents 100 shares of the underlying stock, but options may be written on any sort of underlying asset from bonds to currencies to commodities. Education20:34by TrendTalk5585
BANKNIFTY Levels for June 10, 2024BANKNIFTY Levels for Today Here are the today's BANKNIFTY Levels for intraday. Based on market movement, these levels can act as support, resistance or both. Please consider these levels only if there is movement in index and 15m candle sustains at the given levels. The SL (Stop loss) for each BUY trade should be the previous RED candle below the given level. Similarly, the SL (Stop loss) for each SELL trade should be the previous GREEN candle above the given level. Note: This idea and these levels are only for learning and educational purpose. Your likes /boosts gives us motivation for continued leaning and sharing ideas.by RainingMoneywithTech1
07 June 2024 - BankNifty not as bullish as Nifty, who will be FMWho will be the next finance minister would be something that Banks and Financial services sector would be keenly watching. For a stronger banking sector, we might need a tougher PM - someone who can make rational decisions. Will people who did not contest Lok Sabha elections be given a financial ministry berth? I hope not, personally I think FM is more important to stock markets than PM and Banks are the heartbeat. A stronger bank and a powerful central banking system will propel India to a powerful economy in a shorter time span. On the other hand, a weaker bank and ratifying middle class (of course with the non-considerate tax policies) will slow us down. Technically the stance is still bullish on BankNifty, but we are yet to reclaim the tops.Longby viswaram1
Is the Volatility over in Nifty and is it ready for 24000 ??Nifty was moving in a parallel channel for almost 6 months, last week it tested the bottom channel as well it tested and broke out on the upper level channel on a daily chart. In 30 mins chart Nifty has created a 1200 points Flag pattern and has also given a strong break out as well!! Accorinding to the flag pattern Nifty can hit 24K level soon !Long04:57by Nimble_Pesos1
Bank Nifty 10-06-2024 AnalysisHello Traders, Welcome to SriTrader5121 _______________________________________ Overall view for the day. Buy - with support of s/1 and s/2 Sell - with rejection of R/1 and R/2 Major Support - Around 493## Major Resistance - Around 505## See the price action at our zones, take the trade according to your Risk - Reward. Happy Learning and Trading – SriTrader5121 _______________________________________ Rules to fallow... 1) Wait for conformation. 2) See the price action at our zones. 3) Trade with Strict Stop Loss. 4) Trade with Small Quantity. 5) Take entries based on Support & Resistance Zones. _____________________________________________________ Please take the trade according to the zones marked, with Risk-Reward. This is not a Buy or Sell recommendation to anyone. Take entries based on your own analysis and risk. This is for education purpose and a helping hand to learn trading in live market. NOTE: Trade with Strict Stop Loss. It may or may not hit all levels / Zones. So one can book profit / loss based on your risk-reward or considering price action at respective zone how it works near that zone. I hope you all like my analysis. Follow me to get regular updates. Please do share your thoughts in comment section. Please Hit a LIKE, it motivates me to do analysis and do share with your trading friends. by SriTrader51212
PRE MARKET ANALYSIS OF NIFTY AND BANK NIFTY FOR 10 JUN 202410 Jun 2024 WORLD MARKETS 1. world markets are trading with a bullish bias. INDIA VIX ANAD GIFT NIFTY 1. GIFT Nifty is indicating a negative start of 75 points. This may change. 2. India VIX is below 20 indicating stability in markets INSE XHEAVY WEIGHTS 1. HDFC BANK is indicating a bullish stance. It has support at 1564 and resistance at 1595. 2. ICICI bank has resistance at 1125. 3. Reliance has resistance at 2980 and support at 2945. TRADING PLAN 1. NIFTY OPEN BETWEEN 23144 -23445 : Buy any dip to 23100 - 23050. 2.NIFTY OPEN ABOVE 23133: wait for a consolidation and buy any break out from 23150. However any dip can be bought into. 3.NIFTY OPEN BELOW 23133; Sell any consolidation and break below 22950. 4. BANK NIFTY OPEN BETWEEN 50040 - 49565: Buy any dip to 49600. 5.BANK NIFTY OPEN ABOVE 50040: Buy any dip to 49750. However wait for a break above 50040 for aggressive buy. 6.BANK NIFTY OPEN BELOW 49565. Wait for a consolidation and break below 49500. However if there is a consolidation and break above 49750, then we can start buying. DISCLAIMER 1. I AM NOT A SEBI REGISTERED TRADER. THIS INFORMATION IS FOR EDUCATIONAL PURPOSES ONLY. PLEASE CONSULT YOUR REGSITERED FINANCIAL ANALYST FOR ANY TRADE RELATED QUERY. THE AUTHOR OF THIS ARTICLE HOLDS NO LIABILITY FOR ANY TRADE TAKEN BY THE READER. Longby sam200519680
Bank nifty trades and targets - 10/6/24Hello Everyone. The market was in a bullish mode today. If the market opens flat then we can see continuation of trend. If it opens gap up then we need to see the resistance level to break before looking for CE trades. If it opens gap down then look for PE trades after support zone is broken. Let the market settle in first 15 to 30 minutes then look for directional trades. Book profits every 100 points as we are getting very few trending moves. by GOPISRI0
DZ & SZ With Very Nice RR Have a look on 1 Min ChartVery Good Opportunity for Bank nifty traders Have a look on 1 Min TF Chart Pls follow RR & Position Sizing have a wonderful day ahead.Shortby GOGOSCALPER0
13-17 may banknifty jackpot setupmarket is totally run downward channel.it will come positive if sustain above 47800 level. this one is jackpot setup ,if active than definitely will hit tgt . 47800 above banknifty call side tgt-48000/49000 47460 below banknifty put side tgt-472600/46618. guys we have mentioned level . 47800-47460 is totally drag side ways so #Retailers /#new traders plz avoid between range by sharemarketgainUpdated 3
BANKNIFTY LOOKING STRONGindex looking good and hold higher on monday if index open flat then break 50000 round level it will boom condition is index opening should be near 49800 900 because banknifty has a space in upside upto 51000 nifty at resistance NOTE: only for educational purpose RULE: 1: always trade with stoploss 2: decide your risk per trade and per day 3: believe to your analysis 4: stay positive and keep patience technical analysis + money management+ physicalogy = successful trader pls like and shareLongby harikant06721
Bank Nifty analysis for monday : 9th June'24Bank nifty in tight range resistance at 49900 Support 49600by Price_actiontaker142
Banknifty Long Levels and Zone #option's #tradingTopic- Banknifty Long Levels and Zone Price is above an important level of 48964.07 on charts, and as long as price remains above this level, the uptrend of stock might continue. Tomorrow's movement Prediction of Nifty Bank NIFTY_BANK made a big move recently. This generally happens when there is a positive sentiment change, or a block deal went through. There is a good chance that this trend might continue in coming days. Tomorrow's movement Prediction of Nifty Bank NIFTY_BANK is bullish. The stock is trading above weekly resistance and downside can only be expected once it trades below 49336.4 Tomorrow's movement Prediction of Nifty Bank NIFTY_BANK is strongly bullish. It has broken a strong resistance of 47820 and is expected to move up further. What is the prediction of Banknifty? Bank Nifty futures It has advanced further and is currently quoted at 49,700, up 1.2 per cent so far today. The contract will most likely touch 50,000 today as the sentiment has been positive. If Bank Nifty futures surpasses 50,000, it can rise to 51,000 quicklyLongby TrendTalk56
Banknifty Neutral Levels and Zone #tradingview #investingTopic - Banknifty Neutral Levels and Zone Tomorrow's movement Prediction of Nifty Bank NIFTY_BANK appears to be in uptrend. And this trend seems to be continuing further. Price is above an important level of 48964.07 on charts, and as long as price remains above this level, the uptrend of stock might continue. Tomorrow's movement Prediction of Nifty Bank NIFTY_BANK made a big move recently. This generally happens when there is a positive sentiment change, or a block deal went through. There is a good chance that this trend might continue in coming days. Tomorrow's movement Prediction of Nifty Bank NIFTY_BANK is bullish. The stock is trading above weekly resistance and downside can only be expected once it trades below 49336.4 Tomorrow's movement Prediction of Nifty Bank NIFTY_BANK is strongly bullish. It has broken a strong resistance of 47820 and is expected to move up further. Stock price target for Nifty Bank NIFTY_BANK are 49441.83 on downside and 50304.58 on upside. Stock price target for Nifty Bank NIFTY_BANK are 49441.83 on downside and 50304.58 on upside. by TrendTalk58
Before 21st June Bank nifty projectionDear Friends, I would like to share my views and ideas in upcoming days. Currently market taken the support at 48619 (weekly support). In weekly chart market closed above 49293. post analysis of trend and probability market is moving toward 51608 and target is 51698 before 21st June. Longby vnkumaran110
BANKNIFTY FOR 10 JUN#Execution only after break and close above or below from resistance or support 15-minute candle. #Stop Loss above or below from resistance or support 15-minute candle. (S/R Levels Will be Flipped in The Situation of Gap up OR Gap down Open, Support Will Turn in Resistance and Resistance Will Turn in Support) (This Analysis and idea is based only on support and resistance mechanism, Buy after resistance break and close above sell after support break and close below, Closing below resistance after trade will be stop loss likewise closing above support will be a stop loss after trade) NOTE- Only for Education Purpose. This is not any kind of Trading advice I am giving by this analysis. Please Give A Like If You Like by MISSION_TRADING5
Banknifty Intraday Analysis for 07th June 2024NSE:BANKNIFTY Index has resistance near 49650 level and if index crosses and sustain above 48650 level then may reach near 50000 - 50200 range. Index has immediate support near 48500 - 48250 range and if this support is broken then index may tank near 47500 level. by RKMAURYAUpdated 0
Banknifty buy on dip levels mentioned on chart Disclaimer - This information is only for educational purposes, this is not for any buy or sell recommendations . On Our Harmonic pattern indicator based trade setup take trade as explained below :- Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target , When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% .. Please note:- It's working on news based and volitile market very well so exit if SL hitby JaiPrakashShuklaHarmonicTrader1