BANKNIFTY1! trade ideas
Bank Nifty FutureWhat do you think just happened????? Well its simple. We are still in wave ""B"" in a corrective Rally. Why do you think we had such a massive Bounce on BNF ???? The point is simple, on Tuesday, the Closing NEVER went above 39779 which was the previous high, so today it came back with a vengence to cross above that high to mark wave B. Now this will also mean that any support on BNF at 39794, will take it 1.126 to 1.236% higher than this towards 39980 zone. This is where SHORTS should be made with a 40 points stoploss...I do not recommend any of you try it.
bank nifty Futures Giving below the THEORY that says, the difference between TUESDAYS high minus Low, should be the target to the downside, breaking below Tuesdays Low. For EXAMPLE- High is 39800. Low is 39000. Hence 39800 minus 39000 = 800 points. So the Downside Target Must be 39000 minus 800 = 37200. Always Remember the story does not END here. The market MAY decide that it wants to go lower than 100% retrace, hence we call these EXTENSIONS . So the market may extend to the downside by 100, 112.6, 123.6, 150,178.6, 200, 212.6 % etc etc etc . Learning these Basic rules will help you all go a Long way in making your Trades. Random Buying / Selling without any understanding is Not the way
Banknifty - Intraday Levels for 01 Sep 2022 (Expiry Special)Banknifty Levels for Tomorrow..
Trend : BULLISH
Sentiment : Positive
Expectation : Sideways - Volatile
What a sharp rally in Nifty on Tuesday.. made 400 Points intraday rally.. Similarly Banknig sector was good boomed Banknifty 1000 points intraday move.
But SGX Nifty is already trading near 17500 with 300 Points down currently. Global cues are also negative mostly.
So We can expect Gap down Open in our market tomorrow around 39300 and may trade in range between 39200 & 39500. Being Sep month starting and Weekly expiry day tomorrow, I will Wait for first half and take trade after 1:30pm if I see any good patterns and trend. If Banknifty holds 39540 above, Bullish Rally will continue.
Probably during end of the session tomorrow we can expect sharp rally in the market.
Refer the chart for detailed Intraday Support and Resistance levels.
Happy Trading!!
#BankNifty possible to sell#BankNifty index opened positive and moved high 39786
but it has hold above 39700 zones
and remained positive most part of session.
Now we can sell below 39420 and TGT 39000 SL:Live
If it trade above 40000 wait for next entry.
BANK NIFTYImportant Levels for 01/09/2022.
What a day it was, we had expected this move and captured a good chunk of it. The buying was relentless and even pullbacks were not more than 50 points, such was the strength.
For the expiry, once we cross today's high @ 39800, the immediate seller reference area is from 39984-40083. Longs taken can book full profits here.
Any pullbacks till 39386-39480 can be good for entering longs with initial targets of 39800.
Will look for shorts with lesser quantity at 40050-40100 levels with a strict SL of 50-60 points. With all major moves done expecting a sluggish expiry.
BANK NIFTYImportant Levels for 30/08/2022.
A big gap down but after that not much strength was seen from the sellers and the buyers defended 38400 levels brilliantly.
If we open flat and sustain above today's high @ 38560 for a 15 min candle, a wonderful trade opens up with final targets of 39218. Partial positions can be booked at 38740 and 38960. SL can be of 80-100 points and trailed accordingly.
On the down side, risky trades will be below 38230 with today's low @ 38137 as first reference, but RR does not look that good, here one can look for quick scalps if possible. 37890-38080 the previous buyer zone can act as good support.
I will be preferring to buy than sell tomorrow.
BANKNIFTY_FUT AND NIFTY_FUT RATIO ARBITRAGE DAILYArbitrage ratio of nifty banknifty futures on daily candles data. Buy some banknifty and sell some nifty futures together to gain some arbitrage profits as per this data analysis. Not any financial advise , just learning material.
#BANKNIFTY buy possible#BankNifty index opened negative and moved low 38129
but it has hold above 38400 zones
and remained negative most part of session.
Now we can sell below 38100 and TGT 37800
buy above 38570 tgt 38900 SL:LIVE
bank niftybank nifty
buy above 39500 tp 39700
sell below 38922 tp 38650/38460/38120
buy around 38100 tp 38460/38650/39000
#BankNifty possible to sell#BankNifty index opened positive and moved high 39525
but it has hold above 39000 zones
and remained positive most part of session.
Now we can sell below 39000 and TGT 38500 SL:LIVE
and if it trade above 39500 we can wait for
next entry point.
BANKNIFTY HAVE NO POWER TO HIT MY STOP LOSS @39463.55BANKNIFTY HAVE NO POWER TO HIT MY STOP LOSS @39463.55
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Short trade banknifty 26th august 2022Short trade banknifty 26th august 2022, learn , learn , learn , for learning purpose
bank niftybank nifty
buy above 39225 tp 39500 / 39700
sell below 38880 tp 38750 / 38530 / 38120
buy around 39225 tp 39500 / 39700
BANKNIFTY FUTURES 26 AUGUST 2022Bank Nifty opened just above my zone 39225-39174, took support 3 times and bounced from there before finally it broke down and ended far below.
This is the power of zones and levels, hope it helped you a lot, kindly keep taking trading decisions as per my zones, levels and trend lines to get best R:R trades.
#SHORT TRADE #Banknifty hello , watch live trade (adam eve live trading) , this is only learning purpose . learn learn learn
📊 #Banknifty Intraday Levels For Thursday 25-8-22NSE:BANKNIFTY1!
📊 Each levels Act as support and resistance 📈📉. One can trade on 3min, 5min and 15 min as per their trade set up. For reference, one can check our old published ideas.
If any candle taking support from any level then try to identify that is that reversal candle at support or what if that is reversal candle then go long above that reversal candle and stop loss can be below that support line or that reversal candle's low whichever lower, same way if any candle getting resistance from any resistance level and if one can find reversal candle for short over there then one can short below that candle and stop loss can be that resistance line or that reversal candle's high whichever higher. Even one use their own trade setup with these levels. Everyday levels are different and same way the candles which going to be formed on support or resistance can be different, so cant say here perfect numbers to buy or sell or stop loss. Hope one can understand that better to trade with own wisdom in live market, even check future chart as well for better profitable trade.
✅ Check out Previous day's levels for efficiency of Our intraday levels.
📝 If anyone facing any issues or not understanding anything than please ask your doubts in comments.
Become an independent trader
take charge of your own trades
Learn . Apply . Grow
**whatever charts or levels or ideas we are sharing here or on any other platform are just for educational purpose only, not a recommendation. Please do your own analysis before taking any trade on it. We are not SEBI registered.
BANK NIFTYImportant Levels for 25/08/2022.
Just like yesterday we saw buying that too with volumes pot 3pm and it being inside our old seller zone was wisely avoided.
If we open flat and cross 38204, we can take positions for longs as the next seller reference zone at 39460-39688 as final targets. SL for this trade can be kept at 39120.
Any gap down open and we can look to take longs at 38940 with SL of 60-70 points for targets of 39145 and 39200 as targets.
Shorts can be taken if we see rejection between 39145-39205 with 38940 as target or if we see a big gap down and price going below 38784 for targets of 38580,38470 and 38310.
Strictly no fresh trades between 38780-38940 (NO TRADING ZONE).
BANKNIFTY FUTURES 24 AUGUST 2022Hope my levels and zones helped you catch the reversal today, always use my levels and zones to enter the trade for best R:R
BANK NIFTYImportant Levels for 24/08/2022.
The index opened well below the previous buyer reference area and moved up quite rapidly till previous day VAH before facing resistance and stayed thereabout before the final burst.
Looking at the charts, we can decode that the buying volume has increased and 38310-38430 should act as a big support.
The untested seller reference now lies at 39003-39145 and as we have closed near these zones, we shall wait for this zone to be breached before placing longs. If we see this zone sees another influx of sellers, we can look for targets of 38340 and 38210.
Once 39145 gets breached and we get a 15 min candle close above it, the next reference to look forward is 39460-39675.
📊 #Banknifty Intraday Levels For Wednesday 24-8-22NSE:BANKNIFTY1!
📊 Each levels Act as support and resistance 📈📉. One can trade on 3min, 5min and 15 min as per their trade set up. For reference, one can check our old published ideas.
If any candle taking support from any level then try to identify that is that reversal candle at support or what if that is reversal candle then go long above that reversal candle and stop loss can be below that support line or that reversal candle's low whichever lower, same way if any candle getting resistance from any resistance level and if one can find reversal candle for short over there then one can short below that candle and stop loss can be that resistance line or that reversal candle's high whichever higher. Even one use their own trade setup with these levels. Everyday levels are different and same way the candles which going to be formed on support or resistance can be different, so cant say here perfect numbers to buy or sell or stop loss. Hope one can understand that better to trade with own wisdom in live market, even check future chart as well for better profitable trade.
✅ Check out Previous day's levels for efficiency of Our intraday levels.
📝 If anyone facing any issues or not understanding anything than please ask your doubts in comments.
Become an independent trader
take charge of your own trades
Learn . Apply . Grow
**whatever charts or levels or ideas we are sharing here or on any other platform are just for educational purpose only, not a recommendation. Please do your own analysis before taking any trade on it. We are not SEBI registered.
📊 #Banknifty Intraday Levels For Tuesday 23-8-22NSE:BANKNIFTY1!
📊 Each levels Act as support and resistance 📈📉. One can trade on 3min, 5min and 15 min as per their trade set up. For reference, one can check our old published ideas.
If any candle taking support from any level then try to identify that is that reversal candle at support or what if that is reversal candle then go long above that reversal candle and stop loss can be below that support line or that reversal candle's low whichever lower, same way if any candle getting resistance from any resistance level and if one can find reversal candle for short over there then one can short below that candle and stop loss can be that resistance line or that reversal candle's high whichever higher. Even one use their own trade setup with these levels. Everyday levels are different and same way the candles which going to be formed on support or resistance can be different, so cant say here perfect numbers to buy or sell or stop loss. Hope one can understand that better to trade with own wisdom in live market, even check future chart as well for better profitable trade.
✅ Check out Previous day's levels for efficiency of Our intraday levels.
📝 If anyone facing any issues or not understanding anything than please ask your doubts in comments.
Become an independent trader
take charge of your own trades
Learn . Apply . Grow
**whatever charts or levels or ideas we are sharing here or on any other platform are just for educational purpose only, not a recommendation. Please do your own analysis before taking any trade on it. We are not SEBI registered.
