BANKNIFTY1! trade ideas
BANKNIFTY FOR JACKPOT SETUP 17\8\2022buy #banknifty
ce above 39330
tgt-39500/40000
sl-39200
*=============
buy #banknifty
pe above 38711
tgt-38500/38100
sl-38800
# this setup will work in this weekend or also work whenever in this range
* gap up/down open than we will wait for market settle*
*gap up open than sell below
39200
*gap down open than plan for also sell ,already mentioned
📊 #Banknifty Intraday Levels For Friday 12-8-22NSE: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.
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**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 Nifty Fut for 12th Aug 2022Key Reference Points for Bank Nifty Fut 12th Aug 2022.
I am not Sebi registered. This idea is for education and research purposes.
BANK NIFTYImportant Levels for 12/08/2022.
Clearly the stronger of the two indices.
We opened gap up and clearly sustained above it, although there was no follow through and a big move, we did not come close near DL.
38830 is the reference level to look for before initiating shorts. Once we trade and sustain below 38830, we can place shorts with SL at 38900 for targets of 38770,38700 and 38600.
If we trade above 38980, we can look for targets of 39160 and 39250, with SLs placed at 38900.
Bank Nifty Fut for 11th Aug 2022Key Reference Point for Bank Nifty Fut 11th Aug 2022.
I am not a Sebi Registered. This is for education and research purposes.
BANKNIFTY FUTURES 11 AUGUST 2022Bank Nifty opened below my zone and remained whole day between my two zones and ended finally under the zone which it opened. it is still in the channel.
I hope for small correction yet before bank nifty gives a big up side break out. Keep trading around the zones and levels.
BANK NIFTYImportant Levels for 11/08/2022.
Much like Monday's closing, today's closing does not give any indication as to where the index is heading. On the upside 38420-38500 is a major resistance zone and on the downside 38150-38240 can act as a strong support. So unless we break out of these reference zones choppiness is expected.
For tomorrow, safe traders can wait for the mentioned zone to break and risky traders can look to short at the break of 38250 with SL of 38315, for targets of 38140, 38080 and 38000.
On the upside, if we sustain for the first 15 mins above 38450, we can go for longs for targets of 38560,38660 and 36800 with a 50-60 point SL.
The buyers are defending well but we are not seeing aggressive buying, that is making trading the index a bit tricky.
BANK NIFTY INTRADAY LEVELSBANK NIFTY is trading currently at decisive point. There is more expectation towards 38200 & 38000 as there is immediate resistance at 38500 with high OI. Volume is also not very attractive since morning. We can long 38200 PE at this level with a strict SL of 38500 level
📊 #Banknifty Intraday Levels For Wednesday 10-8-22NSE: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.
📝 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 Nifty Fut for 10th Aug 2022Key Reference Points for Bank Nifty Fut for tomorrow 10th Aug 2022.
I am not Sebi registered. This idea is for education and research purposes.
BANKNIFTY FUTURES 10 August 2022BNF started from the uptrending channel and stopped exaclty in the zone just near the trendline level given, consolidated there and broke after 90 minutes to form a new high.
BNF has given a good closing above previous 124 days high.
It has strong resistace above and nees good momentum to break them, which it is already gathering by consolidating on my zones, each time it approaches.
Respect the levels and zones before you trade, it will result in a good risk reward ratio in your trades. Note one observation, it is continuously moving in an up trending channel since many days.
Best of Luck.
BankNifty Leves 08/08/2022BankNifty have consolidated in the 38185-37494 zone. There can be potential breakout post this zone. as we have said on Friday, W-pattern was completed. NSE:BANKNIFTY1! NSE:BANKNIFTY
Banknifty Forming Head and Shoulder Pattern1) Inverse Head And Shoulder pattern
2) Short term trend is bullish
3) Breakout level is crucial
4) Overall Sentiments looks bullish
BANK NIFTYImportant Levels for 08/08/2022.
We are expecting a flat to slightly negative opening today. The important reference zone for today lies at 37850-37936 levels, once we sustain below it we can short with SL placed at 37940 for targets of 37730,37660 and 37560.
Taking longs can be tricky unless we clear the big resistance area above 38150.
Consolidation zone of Bank NiftyPreviously After creating a high above current levels bank nifty came back to current levels and consolidated for a week, It has followed the same consolidation pattern for now. As last time the uptrend turned into downtrend from this consolidation. same is likely to happen in current situation. Closing of bank nifty below levels of 37400 will start a short term retracement. a breakdown below levels of 36250 will cause further downside.
Upside for bank nifty is highly unlikely given the current market situation and chart pattern.
