bank nifty 40700 blw looks sell only with sl 40900 tgt 39700++++bank nifty 40700 blw looks sell only with sl 40900 tgt 39700++++ yes trend line breakout
BANKNIFTY1! trade ideas
BANKNIFTYWatchlist
#BANKNIFTY Fut (4hr Chart):- Bnf fut facing so many resistance on upside need to break 41980 for upsides, range for bnf fut is 41980 to 40870 for the day.
#Disclaimer:-View shared it for educational purposes only.
BankNifty Fut Levels for 09 Mar 2023 If BANKNIFTY Fut goes above 41833.29 then BUY with a target of 42038.85 with stoploss of 41579.31
If BANKNIFTY Fut goes below 41579.31 then SELL with a target of 41373.75 with stoploss of 41833.29
BANKNIFTY LOOKING BULLISHBANKNIFTY LOOKING BULLISH
Consult with your financial advisor before jump into any trade
Banknifty Levels for 08 Mar 2023 If BANKNIFTY Fut goes above 41644.48 then BUY with a target of 41849.52 with stoploss of 41391.12
If BANKNIFTY Fut goes below 41391.12 then SELL with a target of 41186.08 with stoploss of 41644.48
NiftyBank Futures Key Trading Levels for 8th March 2023
NiftyBank Futures Key Trading Levels for 8th March 2023
Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my view.
Please consult your Financial Advisor before making any trading decision.
Perfect Breakout or Breakdown Play For Banknifty FUT at 42000 Here I See Bank nifty is Hitting Very Important Zone That is Daily Falling Trendline Resistance Area .
Previously BN FUT Has Had Taken Sharp Cut At These Levels & Could Not Sustain .
Hence This is Now 4th Attempt To Make Or Break .
Possible Moves .
Breakdown Scenario .
- Since Last 3 Times Whenever We Had These Levels Hit We Had Suddent Quick Breakdown Hence Possibility is High for same again.
- How do we know its breakdown ? Look for Daily Doji HAC Candle Close and Its Low To Be Broken.
- Look For 15 Mins Head & Shoulder or M Pattern
- If either of these give breakdown then good opportunity to short
Breakout Scenario
- I would consider breakout only if 2 days candles close above this trendline and are green in color
- There is also a high chance of bull trap at this zone .
- How to Identify Breakout ? Either 2 Daily HH Candle Closing Above Resistance TL
- Flag/Ascending Tringle Breakout in 1 Hour TF
- Make Sure That There is No RSI Or Macd Divergence in 15 or 30 mins TF .
- If this happens good opportunity to go long
NiftyBank Futures Key Trading Levels for 6th March 2023NiftyBank Futures Key Trading Levels for 6th March 2023
Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my view.
Please consult your Financial Advisor before making any trading decision.
banknifty long small sl good reward banknifty long small sl good reward
breakout after consolidation
NiftyBank Futures Key Trading Levels for 03rd March 2023NiftyBank Futures Key Trading Levels for 03rd March 2023
Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my view.
Please consult your Financial Advisor before making any trading decision.
Banknifty fall with inverted head and shoulder patternBank nifty rejection from top indicating strong strong selling pressure. Short side
Sell on rise
Nifty & bank nifty for 02 march Expiry Nifty - Support 17421
Support 17367
supply - 17490
17590
Banknifty - Bullish
Supply 40990 ,41250 41440
Demand 40900 40800 40600
NiftyBank Futures Key Trading Levels for 2nd March2023_ExpiryNiftyBank Futures Key Trading Levels for 2nd March2023_Expiry Tradesetup
Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my view.
Please consult your Financial Advisor before making any trading decision.
NiftyBank Futures Key Trading Levels for 1st March 2023NiftyBank Futures Key Trading Levels for 1st March 2023
Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my view.
Please consult your Financial Advisor before making any trading decision.
BANKNIFTY INTRADAY ---- 02/03/2023
entry for either side is after breaking the "yellow" box mentioned above
.
entry is recomended after breakout and retracement complete
.
incase of long entry target is big
.
for shortentry target is mentioned
.
both side target is for this week expiry
2/03/2023
.
.stay for next update
.
time frame 15 min
fake outs will be there trade carefully
intraday, banknifty, 23/02 contractbearish movement for today is completed
.
entry for either side is after the yellow box mentioned above
.
entry is recomended after breakout and retracement complete
.
incase of short entry target is big
.
for long entry target is mentioned
.
both side target is for this week expiry
Banknifty Future Intraday & Positional viewBanknifty has been trading at such a range for quite some time. why?
Banknifty is standing at support in monthly time frame. It is facing resistance in weekly time frame. so, you have to avoid to take a broader view
or swing trade.Rather, you can take a selling of Monthly straddle.
What is short straddle ?
One short call and one short put make up a short straddle. Both options have the same underlying stock, the same strike price and the same expiration date. . If the underlying stock trades inside a constrained range between the break-even points, a short straddle is constructed for a net credit (or net receipt) and profits. The maximum profit is only as much as the total premiums less commissions. If the stock price increases, the potential loss is limitless; if it decreases, the potential loss is significant.
Maximum Profit:-
The maximum profit is only as much as the total premiums less commissions. If the short straddle is held until expiration, the stock price exactly closes at the strike price, and both options expire worthless, the most money can be made.
Maximum Risk:-
On the upside, because the stock price can continue to climb eternally, the potential loss is limitless. As a result of the stock price's probable decline to zero, there is a significant risk of loss.
Consider the following scenario: Nifty is currently trading at 17589, making the 17600 strike ATM. The following are the option premiums:
Trading for 17600 CE is at 77.
Trading for 17600 PE is at 88.
Hence, in order to execute the short straddle, we must sell both of these options and receive the net premium of 77 + 88 = 165.
Please keep in mind that the options must have the same underlying, the same expiration date, and of course, the same strike. Let's calculate the P&L under various market expiry situations presuming that you have already completed this short straddle.
Situation 1: The market closes at 17200 (we lose money on put option)
In this case, the put option's loss is so significant that it consumes the premium that was paid.
As a result of the fact that 17600 CE would expire worthless, we keep the premium obtained, meaning that 17600 PE will have an intrinsic value of 400. When the premium obtained, Rs. 88, is taken into account, we lose 400 - 88 = - 312.
312 - 77 = - 235 would be the overall deficit.
As you can see, the loss in the put option equals the gain in the call option.
The market expires at 17435 in scenario two (lower breakdown)
In this instance, the strategy is in a neutral financial position.
As 17600 CE would expire worthless, the premium is kept. Profit is Rs. 77 here.
As we received Rs. 88 in premium on an intrinsic value of 165 for 17600 PE, our loss would be 165 - 88 = -77.
The loss in the put option entirely cancels out the gain in the call option. Thus, at 17435, we are in the black.
Situation 3: The market closes at 17600 (at the ATM strike, maximum profit)
The best result for a short straddle is this one. The scenario is simple at 17600 since both the call and put options would expire worthless and the premiums from both the call and put options would be kept. The gain in this case would equal the net premium received, or Rs. 165.
This indicates that in a short straddle, you profit the most when the markets remain static.
Situation 4:The market expires at 17765 in scenario 4. (upper breakdown)
This is comparable to the second scenario we looked at. At this time, the plan achieves parity at a point above the ATM strike.
After accounting for the premium of Rs. 77 that was paid, 17600 CE would have an intrinsic worth of Rs. 165, meaning that we would lose Rs. 88. (165 – 77)
17600 PE would expire worthless, thus the premium, which is equal to Rs. 88, is kept.
We are neither making money nor losing money because the profit from the 17600 PE is countered by the loss from the 17600 CE.
This is undoubtedly the upper breakdown point.
Situation 5: The market closes at 18000 (we lose money on call option)
In this case, the market is obviously much larger than the 17600 ATM threshold. Both the loss and the call option premium would increase.
17600 PE will expire worthless, thus the premium, which is equal to Rs. 88, is kept.
After accounting for the premium of Rs. 77 received, the 17600 CE will have an intrinsic worth of Rs. 400 at 18000, meaning that we will lose Rs. 323. ( 400 -77)
Given that we paid Rs. 88 as the put option premium, our loss would be equal to 88 – 323 = –235.
As you can see, the call option's loss is substantial enough to cancel out the total premiums paid.
At the ATM, you can make the most money; as you travel away from the ATM mark, your profits decrease.
As long as the market remains within the breakdown points, the technique is lucrative.
Markets that stray furthest from the breakdown point face the greatest damage. The loss increases as the market deviates further from the breakdown point.
Maximum loss: infinity
There are two breakdown spots that are equally spaced from the ATM on either side.
ATM plus net premium equals upper breakdown.
ATM - Net premium equals a lower breakdown.
The short straddle operates in the exact opposite manner to the long straddle, as you may have guessed by this point. When markets are anticipated to trade in a range and not make significant gains, short straddles perform best.
Since that short straddles carry limitless losses on either side, many traders are afraid of them. But in my experience, if you know exactly how to use this, short straddles work incredibly well.
I think you now clearly understand what short straddle is.
According to me, it is better to sell 41000 call and 39000 put of monthly expiry.
Intraday:-
Bear could not come at all yesterday. Banknifty closed at day high which indicates bullishness.
bank niftybank nifty trade in range
buy above 40585 tp 40690 / 40796
sell below 40479 tp 40373 / 40267
Banknifty Future Intraday viewBanknifty fut may face resistance at 40700. Taking an upside trade today is a bit risky as Banknifty may face 3-4 quick resiatance at it's near level.
With the liquidation of 1.18 lakh contracts, Bank Nifty March Future Open Interest Volume stands at 25.6 lakh, and the declining Cost of Carry indicates that today's long positions were closed.
Bank Nifty Rollover cost is 40733, and the rollover percentage is 78.1%.
Index:-You now know that the short-covering level and breakout for the Bank Nifty Index is close to 40495. As a result, Bank Nifty index may start out today flat and attempt to go above the breakout point of 40495. If Bank Nifty maintains its position above 40495, it may go in the direction of 40645 and 40820. Be careful since Bank Nifty index may fall below 40231 and 40064 if it cannot maintain its position above 40370
Bank Nifty Trade Setup Tuesday Bank nifty is now good risk : rewards zone
Majour Supply -40990 Above it 41200-41400 is suppose to rejection zone
Support zone is 40400
any gap down will good opportunity for long for targets 40900
NSE:BANKNIFTY
NiftyBank Futures Key Trading Levels for 28th Feb 2023NiftyBank Futures Key Trading Levels for 28th Feb 2023
Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my view.
Please consult your Financial Advisor before making any trading decision.
