Bank Nifty ( Fut ) Set up for tomorrow Monthly Expiry ( 25 Jan )Bank Nifty ( Fut ) Set up for tomorrow Monthly Expiry ( 25 Jan ) ( Time Frame 15 Min ) we marked Both side levels by using Adv Fib .. will go with the market trend only
BANKNIFTY1! trade ideas
#Banknifty Bearish movement expected#Banknifty Bearish movement expected
where I plotted some zones on the Banknifty Daily chart. it shows the probable Down side movement of Banknifty. let's see next what will happen.
BNF observational patternObservational pattern shown by vertical lines.
Register the observation.
Whenever such pattern is observed bearish strategy can be adopted irrespective of mtm.
Negative Divergence on RSI.
RSI exiting overbought zone.
RSI below its average.
MACD turns down below it average.
For near term retracement of the last corresponding rise.
BANKNIFTY 28 days taken from 45600 to 48886 (19 bars and 28 days) (12 green & 7 red)
17 days taken from 48886 to 45600 (13bars and 17 days) (4 green & 9 red)
Up trend above 46600 only
Banknifty 46400 is resistance
45600 is the double bottom
Gap fill and range is 45000 to 45230
BANKNIFTY 15 MIN ADV. FIN SET UP i have marked Both side levels by Using Adv Fib .. so follow as per given levels in Intraday
Bank Nifty January StrangleLooking at the range of Bank Nifty I have taken the following trade
Sold : 51500 Call at 15.75 and 45000 Put at 30
Put qty is half of the call quantity
hopefully both will be zero
Please note this is a naked sell and profit is limited but loss can be unlimited, if one wants to define the risk and profit, cordon this off with respective option buy.
Sell below 45600Enter sell after 30 min close below 45600 for a target of 44400
Target will be hit in 2-3 sessions
Stop loss -30 min close above 46000
Buy above 46360Buy Bank nifty above 46360 for target of 47600 in 1-2 trading sessions. Bank nifty got rejected at 46360 twice, breaking it should give good up move. If this trade gets activated, new All time high can be expected.
Stop loss- 30min close below 46000
Profit booked or still holding?I hope as per our analysis both nifty and banknifty fall good, Banknifty fall 2000 in a single day and nifty 400 points if we add todays market its gone 2500 points banknifty & 700 plus in Nifty.
those who follow me last days they booked good profit in market.
please comment if its really helps you.
Note : All the given idea are as per my view kindly invest wisely.
Bank niftyDisclaimer:- This is not A BUY OR SELL recommendation. please Consult with your financial advisor or with broker before taking any trade,
this post is for educational purpose only . warning :- do not jump directly or do not copy my trades
DO your analysis properly
Bank Nifty - How to trade?
Price Levels for today have been mentioned on the chart for Bank Nifty. Please trade between 10:30 and 2:56 p.m. only. Buy only above high of 10:30 candle.
Note : Your trading view time to be set at UTC +5:30 time setting.
Still have a question? Please write to me in the comments. I am duty bound to answer all your valid questions. This is the only way we can learn and grow.
Disclaimer: I am not a SEBI Registered Analyst. Please consult your financial advisor before making any decision. I will not be responsible for any of your profits/losses. This is only for educational purposes.
Let you grow. May! I follow you.
BANK NIFTYThe trend has not been compromised yet, as long as it is above 48000 it is very good.
The above levels are very good, we may get to see new highs, now let's see what happens tomorrow 8th January 2024.
Bank Nifty is moving in a trend and forming higher highs. it is very good for us.
Bank Nifty Future for 8 DecRange between (48450-48375) Between the red box market will be consolidate . Here at 48371 good volume was traded at Friday. So here all bull and bear are present.
Intraday resistance 1: 48413
Intraday Support 1: 48203
Intraday target resistance 1: 48605
Intraday target Support 1: 48000
Bank 🏦nifty distribution 💫💫💫Looking this charts we can clear cut seen that upside is very limited
As per short term traders there is very limited upside
Last five days move is very tight range consolidation
I'm looking for Shortsell with tight stoploss of ath as per r:r
*spinning top candle
*rsi triple top
* earning season profit booking
Bank Nifty - How to trade today?
Bank Nifty seems to be turning bullish. Yesterday's candle was not broken which was pivotal in nature. So, will remain bullish in January, unless this candle is broken. But, watch today's candle of 11:33 p.m. very carefully because its Friday and new levels will be framed.
I am duty bound to answer all your questions.
Your trading view time to be set at UTC +5:30 time setting.
Disclaimer: I am not a SEBI Registered Analyst. Please consult your financial advisor before making any decision. I will not be responsible for any of your profits/losses. This is only for educational purposes.
Let you grow. May! I follow you.
Bank Nifty - How to trade today
Bank Nifty option lovers have a smile; starting from today a new series for the index. Time candle mentioned is very important.
Yesterday's candle was 1-3-24 3:13 PM and today's candle is 1-4-24 1:23 PM
So long price trades above yesterday's candle sell PE and Buy CE of the CMP and exit PE and sell CE if price trades below today's candle.
Price levels have been marked on the chart.
Note : Your trading view time to be set at UTC +5:30 time setting.
Still have a question? Please write to me in the comments. I am duty bound to answer all your valid questions. This is the only way we can learn and grow.
Disclaimer: I am not a SEBI Registered Analyst. Please consult your financial advisor before making any decision. I will not be responsible for any of your profits/losses. This is only for educational purposes.
Let you grow. May! I follow you.
NIFTY 4th expiry tradeNifty and Banknifty continued its downtrend
Tomorrow expiry jackpot move possible
Any dip of 50-80 points is good buying opportunity
21450 call cmp 91 if you get below 50 good buy tgt 200++
Bearish Engulfing in Bank Nifty FutureAfter bearish candle of 1Jan today good fall we can see also all level was given my previous chart analysis.
All level was given in chart in very clear.
Scenario Happen:
Market will open between 47871- 48212 then it will be side base market.
If open below 47882 wait for make a resistance at level 47882 then short your position. Also follow volume. It will give proper idea in live market. For down move we have a support area of 47500-47493.
If open near about 48212 and make green candle then wait for settle above 48212. after 15 min trade above 48212 we will bullish for intraday basis.
Bank Nifty Futures Analysis for 2nd Jan 2024Bank Nifty is in good Support zone
Today market was side base except last move. From 27 December 2023 -1 January 2024 it create a support Zone. Today we can see a fake breakout at14:15.
Reason behind the reason:
Volume was very not supporting the price.
Also MACD was indicate downtrend for the day.
If we see Option data at the time of price increase but CALL Open Interest in negating and PUT OI not adding .(Big money just square off his position nothing else)
So it's purely indicate that at 48800 we can short our position.
Tomorrow view:
if market open near 48405 we will wait. Side base market is not for option buyer.
if market open near about 48600 then we will find position after taking support at 48405 .
If market open below 48405 then after 48200 and creat a bearish candle at 15 or 30 min or price wait for 10-15 min near 48405 in 5 min timeframe candle after that we can see a bearish move.
Bank Nifty Future Level for Next weekThis is my view and it may change .Bank NIfty and Nifty both Future may be in a range and sideway (to Bearish). I will observe the weekly opening and 1st half of the next session. Then I will plan my trade. Next week option data is important.
Bank NiftyToday is the retracement day. Banknifty may retrace 62% fib level. I will wait for Initial Balance.
Bank nifty Next Probability to Test 50000 to 51000 till MarchAs Per Daily Trend it looks like Bank nifty's Next Probability to Test 50000 to 51000 Level till March 2024. No Weakness in the market small Dips will be a good opportunity to go Long as Long as HDFC Bank & all other banks have Momentum no big correction. Let's see
Bank Nifty Future LevelFor this week Nifty and Bank nifty may go sideways as the year end and most of the FII inactive due to Holiday. So My target is to play in range. Sell on rise and Buy on dip
