BANKNIFTY1! trade ideas
#Long trade #banknifty 2nd Sep. 2022#How to planentry point
#how to plan stop loss
#how to plan target
#how to trade with small stop loss
#tradeplan
#small #stoploss
#fast #movement
#sideways #market
#how to trade with #minimum #stop #loss
#how to select the #entry #point
#how to #trade in #stock #market #technically
#how to #identify the #entry, #exit and #stop #loss
Bank Nifty FutureShowing the TRIANGLE set up of BNF on a 15 minute tf...... it has stayed within this formation since opening EXCEPT the OPENING WICK. Any 1 side break of the UPPER/LOWER Trend Lines will lead to a Breakout OR a SELL OFF
BANK NIFTYImportant Levels for 02/09/2022.
We witnessed a volatile session but our levels worked wonders and in the end had a good expiry.
For tomorrow, the seller reference zone is 39600-39780 and if we see a flat open and price gets rejected we can witness a good fall. The targets to look forward here are 39100,38952 and final targets of 38796. SL here will be 39800.
If we open with a gap down, then we shall wait to see if the recent buying area of 38796-38952 finds support and if that happens we can take longs with reduced quantity for targets of 39366,39537 and 39775.Sl here can be of 60-80 points and trailed aggressively.
I will be having bearish view unless we break and sustain above today's high.
TUTORIAL NIFTYGood Morning.
In the SERIES OF TUTORIALS, Learn with a sharp eye the formations such as Triangles, also Called Ending Diagonal .
1. The slope of the Triangle is downward facing and is Usually formed when the Market is about to take off to the upside. This usually happens when wave 3 UP is about to take place and Usually opens with a GAPUP. Price MUST breakout ABOVE the Triangle and NOT RETEST it again in that specific Time frame. Such a breakout gives you very high profits on the Long side.
2. A Leading wedge
1. The Formation is an UPWARD facing Slope wherein, the upper and the lower upward facing slopes show some sort of wanting to JOIN Together at some given point of time. This is a Call for the Shorts as USUALLY such Diagonals lead to the Markets cracking up. Such formations usually happen when waves 2 n 4 are forming. However, I have seen Leading Wedges turning into BULLISH MOVES also. So the MAIN CRITERION in a Leading wedge remains that Price must COME BELOW the Lower Slope and Must not go Back
It must also be Remembered, that 9/10 Patterns/Formations take place is SMALLER TIME FRAMES such as 1/3/5/15 minutes. Rarely do such formations happen on Bigger time frames.
#BANKNIFTY buy possible#BankNifty index opened negative and moved low 38952
but it has hold above 39400 zones
and remained negative most part of session.
Now we can buy above 39540 and TGT 39850 SL:Live
If it trade below 39000 wait for next entry.
Bank Nifty FutureI am initiating for myself a Buy on Dips strategy for the Market as the 5 and 15 time frame charts are looking very Bullish. A buy at apprxx between 38670 to 39000 apprx should be fine. The FIB table is attached as well Please trade at your own RISK
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
#shorting #banknifty #august 26th 2022
#How to planentry point
#how to plan stop loss
#how to plan target
#how to trade with small stop loss
#tradeplan
#small #stoploss
#fast #movement
#sideways #market
#how to trade with #minimum #stop #loss
#how to select the #entry #point
#how to #trade in #stock #market #technically
#how to #identify the #entry, #exit and #stop #loss
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
