BANKNIFTY1! trade ideas
51100 Put Sell for 3rd JulyBank nifty is at 52180, selling 1000 points away put for tomorrows expiry, the put is at a 15% premium, even after 300 point fall.
With a littlke revocovery, this should decay like rotten apples.
BANKNIFTIY ON (15MIN) TIMEFRAMEI can see a flag pattern
even price had took multiple support from the lower end of trendline ]
so we can place stoploss below that bullish engulfin can go long in banknifty
avoid selling for tmrw
and please donot trade in current expiry
thank u
Bank Nifty Pattern Trade - 4 June, 2024#PatternTrade #NumroTrader #bankniftyfut #bankniftyop
Pattern: 3 Black Crows
Entry: Below 46320
Pattern Stoploss: 52000
Minimum Stoploss: 46392 (Multiple Attempt)
Target: 41252
RR Ratio: 1:62
Wait for Trade Activation and Trade Cautiously!
#tradingtips #tradingsingal #Option
Banknifty Hold today and tomorrow Entry @ 48230 to 420
SL 48048 Bellow Close
Target 1000 points and 48800
SL 1Hr candle close only, Target Trigger Price
All detail for chat. good entry at mark price only. and must stoploss minimum risk and good profit. risk ratio 1:1 in first target. This is not call, Just my idea. Please understand your risk and take full responsibility of your actions
Banknifty Buy On Dips Only Next monthAs per PCR and Price retracement this correction is a retracement and make a longs around 48200 levels as shown in chart take only Next month calls just a view not a reco...
49700 Call SellAfter yesterdays market run-up, a safe and yet naked and unsafe sell of 49700 Call, can be sold at 97-98
This is 29 may expiry and i see VIX being shot up-till elections giving good premiums to even far OTM
PCR at also indicates mkt correction, however that alone cannot be used to gauge the market.
I have shorted 900 Qty of this Strike
Bank Nifty on the Brink: Chart Patterns SignalBank Nifty is at a critical juncture where it is retesting a key pattern and awaiting confirmation of its next move. The DMI is close to a crossover, hinting at a potential shift in trend, while the ADX is already indicating a strengthening trend. The OBV's interaction with the 20 EMA further supports the analysis, as it suggests that buying pressure is being tested but remains intact. Traders should monitor these indicators closely for confirmation of the next directional move.
BANK NIFTYVolatility range 49927 -47063.
On fall and close below 47063 can show effects of negative divergence.
Overall, for near term must hold 47063.
Currently underperformance to NF is visible on relative terms.
Further sustained breakout and close above 49927 is essential for upside momentum.
Critical support 47063 needs to be held for volatility or consolidation.
Banknifty Future All detail for chat. good entry at mark price only. and must stoploss minimum risk and good profit. risk ratio 1:1 in first target. This is not call, Just my idea. Please understand your risk and take full responsibility of your actions
SL 1Hr candle close only, Target Trigger Price
Bank Nifty Future: 17 May 2024::Expecting bullishness for the day
After multiple resistance a breakout is seen above 48140
Can see upside move to 48450,hope it hold and sustain above 48141...
If 48627 is also seen upside will be more happier
If broken down 48140,again may go sideways
Bullish Nifty So if you you look so there is again trend might be change now if you you get any chance take take trade on these level so take acc to your ROI
BNF support broken. 47000 possible support Bnf broke the support and closed below forming a big red candle. Now the most likely place of support is 47450 and 47000 where the market can take support. Get ready for a few more down points.
Banknifty | Volatile | bullish 22 Mar Bank nifty has taken good support near 46000. For tomorrow, ideal set will be if it touches 46500 and bounces back. this will be the best place to initiate longs for a 500-1000 points upmove. levels are marked within chart. BNF is respecting the channel so far, a great pattern coming in handy so nicely for such a long time.
As per indicators, it's turning bullish today. hence expecting a good up move soon (next week). will be shorting puts on levels.
already in profits in 46500 PEs, will offload them close to 47000
Bank Nifty 8May strangleSell 47800 Put @ 39 and 50100 Cal @28 for a collective premium of 67.
Looking at inda Vix at 16, i feel there is going to be a huge drop in IV also.
Please note this is a naked sell, to secure it with defined loss, take counter buy positions on both legs, e.f 50500 call and 47500 Put
Banknifty sell on rise we will see 48400-48300On 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 hit
Banknifty exactly take support at daily trend lineBankNifty found support precisely at the daily trend line, demonstrating the significance of price action. The decline in BankNifty was attributed to chart patterns rather than any impact from the Israel-Iran conflict.
Bank Nifty - How to trade today
Please read the notes as mentioned on the chart.
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.
The Nifty Bank index can slide to 47,000 - 46,200 levelsThe Nifty Bank Index, currently trading at 47,773.25, is exhibiting a near-term downtrend on the charts. Support levels are anticipated around 47,000 and 46,200, suggesting potential areas where selling pressure could subside temporarily.
Given this scenario, the recommended trading strategy would be to sell on rallies. The indication of a negative trend is further supported by the MACD indicator, which is trending downwards. This adds credence to the bearish outlook for the near term, signaling that downward momentum may persist.
Traders should closely monitor price movements and consider initiating short positions or selling opportunities as the index rallies. However, it's essential to exercise caution and implement risk management strategies, such as setting stop-loss orders, to mitigate potential losses in case of unexpected market movements.
The prevailing trend and technical indicators, traders can position themselves advantageously to capitalize on potential downward movements in the Nifty Bank Index while managing risk effectively.
BankNifty to touch 50000!.When?48800 remains a strong resistance and the attempt to break has failed multiple times. The market is likely to make one more attempt to touch 50K before returning to 46000
Weekly Support: 47900 => 46650
Weekly Resistance: 48900
Trend: May Reverse to Bearish
Strangles on April's second week and above contracts are better option strategies
Disclaimer: Investments in the securities market are subject to market risks. Read all the related documents carefully before investing.
By Sathish Kavinchal
SEBI Registered Research Analyst
INH200007539
Bank Nifty- How to trade today and time candle
I forgot to give time candle on other stocks, please note the candle mentioned on the chart for all the Indian stocks today. Duration to trade today is
4-10-24 9:59 AM to
4-10-24 2:26 PM
Means, if any price of any stock/index is above high of 9:59 candle then buy and keep position till low of 2:26 candle otherwise go in the reverse direction.
Disclaimer: I am not a SEBI Registered Analyst and it is only for educational purposes. I will not be responsible for any of your profits or losses. Please consult your financial advisor before making any decision.
Thank you
