Most Easy N Profitable StrategyThis is most easy n Very Powerful profitable strategy specially for Intraday OPTIONS Traders & Scalpers.... Just know how to use it correctly....
BANKNIFTY1! trade ideas
Banknifty Future Intraday & Positional viewBank-nifty index traders are waiting for thebreakout. The breakout is around 41780. So Bank Nifty could open around 41500 today and try to move towards 41550. Note here that if Bank Nifty forms a breakout pattern, it can push Bank Nifty to 41650. Expecting some consolidation here, Bank Nifty could rise and test 41783 could be the breakout point. Note that if Bank Nifty breaks below 41400, it may slide towards 41267. Today is the expiration date. Be prepared to win 4-5x using the Zero to Hero strategy.
BANKNIFTYBANK NIFTY LEVELS those levels are very perfect levels for entry , i given exact target and sl
Banknifty Future for 07.202023Red line - sell below line
Green line - Buy above line
Black line Targets.
Shooting Star from the same strong resistance zone , it means
banknifty closed today taking downside pressure.
if nifty crosses downside you may see a good selling pressure in BN.
But if nifty broke upside you not not see good clean upmove in BN.
BANKNIFTYBANKNIFTY levels for trading in channel almost near to resistance may be if it break channel so buying opportunity, other price reverse from resistance level
Banknifty daily sellNSE:BANKNIFTY1! Banknifty showing some weakness on daily chart like rounding top with macd .showing some short term weakness.
Banknifty -2hr Expect to fall on Monday 41500 monthly pivot Its not easy to break, may be a fake rally, Try it on your own risk..
Harmonic patternNow market will be pull backed as per the harmonic pattern
For intraday and swing trade
Banknifty Buy on sharp declineI will look to go long in the area 40100-40200(spot)
Market can go to 42000-42500 this week.
Nifty Bank out of upper bollinger band.Nifty Bank showing bearish move on bollinger band.
Crossing below upper band after closing above it.
banknifty short small sl good reward banknifty short small sl good reward
buyers will trap if swing break
Banknifty Future Intraday analysisBanknifty may touch upper red horizontal line, then it againmay have seen selling pressure. So, I'm going to take sell trade and avoid buy trade. target is lower red line.
What a professional trader think. ?For every trade we have a reason, when the trade works, we naturally think our reason was right but here is a catch, there is no way to determine the intentions of all traders. Yet the typical trader executes his methodology as if he is being told what those intentions are the professionals does not. Disconnect any reason from the results of a trade because it is impossible to get an exact reason why the trade worked or failed. Many will disagree with me on this but believe me there are traders (Mota Bhais) even a single order from them can drag a shooting price down back to floor or even hell, and they to do it occasionally. Just see the past charts you will get what I am trying to say.
Prices are random guys, yes believe me or not it applies to every trade you take.
Let me ask you a question.
What trading skills required to experience a winning trade.?
- Do you need an edge.?
- Do you need a plan.?
- Do you need the discipline to execute the plan.?
- Do you need a good reason to enter a trade.?
Answer: Nothing just a click of your mouse, yes that's it.
but what if you want it to make your consistent source of income.?
Now here comes the difference only few traders get those correct belief system which keep them above others.
Pro trader belief
1) On a random outcome, I do not have to know what is going to happen next.
2) There is a random distribution between wins and losses.
3) There is no point to find a reason why price movement happened, it is the task of media let them take care of that.
4) There is no connection of my last trade to the current one, so it is very foolish to trade for loss recovery. There is nothing like loss recovery, every trade is unique.
5) On a particular trade I can fail or win but I have to think with a large number of trades, on overall profitability, over a long term.
6) My work is to execute the plan with full efficiency rest is not in my hand.
7) I do not predict price move it is not my task I focus on process.
Nobody wants to Chang the way they think. I am also not telling you to make a v curve you just need to adjust something within, and everything get sorted by itself.
Thanks for reading this out.
BNF SUPPORT for today 40990-41050 BNF SUPPORT for today 40990-41050
chart self expletory hai
If you look at the chart of Bank Nifty, you will know that it has broken the previous swing low of 41990.
BF If BF remains under control then there is a possibility of getting 40 990 today.
This is a chart posted for educational purposes only.
#banknifty
#nifty
#stockmarket
Banknifty Future Intraday analysisBanknifty fell 1100+ points which are 2.61% fall on the index. I published an analysis on the morning of January 25th where I had sketched all the important level.
Analysis was provided on 15-12-2022. See how Banknifty respects our analysis. =
The ability to act on such knowledge will separate an average trader from an exceptional one. You should always view the market as a BULL and as a BEAR.
Banknifty is oversold on the one-hour chart. Determine the level of short covering, Finding false profit booking levels, break-out levels, the entire day's trend and range, entry and exit points, and unique support and resistance much in advance will help traders avoid falling into a trap. Join our course to learn this art.
Today's Bank Nifty Index may open flat near 42760 and may attempt toward 42879. Here, keep an eye on whether BankNifty maintains its position above 42879, since only a breakout pattern would be able to drive Bank Nifty in the direction of 42050. Be cautious since they are fictitious levels. If Bank Nifty is unable to maintain above 41760, it can easily go toward 41500 and 41370. Therefore, be prepared for a swing market and wait for an entry technical pattern before trading; else, stay away.
If Banknifty break previous day low, free fall is expecting. If Banknifty took support here then it may bounce towards the upper daily trendline.
intraday support n resistancebanknifty looking clear for momentum we will wait for the breaking side that will give a conformation
