BANKNIFTY Intraday Trade Setup For 21 Mar 2024 Bullish-Above 46750 Invalid-Below 46640 T- 47350 Bearish-Below 45800 Invalid-Above 45910 T- 45220 BANKNIFTY has closed with a minor cut of 0.16% today. The 50 EMA in daily TF has really become like a magnet which pulls BANKNIFTY closure whenever it inches away. Today sell triggered below 46250 but breakout candle...
NIFTY Intraday Trade Setup For 21 Mar 2024 Bullish-Above 21950 Invalid-Below 21900 T- 22165 Bearish-Below 21700 Invalid-Above 21750 T- 21480 21285 NIFTY has closed on a flat note with minor gain of 0.1% today. It has formed a doji candle in daily TF just after closing below 50 EMA yesterday. In order to follow the recent bearish trend established index has to...
BANKNIFTY Intraday Trade Setup For 20 Mar 2024 Bullish-Above 46750 Invalid-Below 46640 T- 47255 Bearish-Below 46250 Invalid-Above 46360 T- 45660 45140 BANKNIFTY has closed on a bearish with 0.41% cut today. Index has closed below 50 EMA after after 18 days. Now below today's low 46250 there can be a strong downmove however key level is 46000. Tomorrow's best...
NIFTY Intraday Trade Setup For 20 Mar 2024 Bullish-Above 22000 Invalid-Below 21950 T- 22200 Bearish-Below 21780 Invalid-Above 21830 T- 21580 21350 NIFTY finally gave breakout of the channel pattern daily TF and closed today with 1% cut today. Our short trade is now active below 21900, this level was discussed multiple times in the recent days back. Now index is...
BANKNIFTY Intraday Trade Setup For 19 Mar 2024 Bullish-Above 46750 Invalid-Below 46640 T- 47350 47855 Bearish-Below 46000 Invalid-Above 46110 T- 45430 44819 BANKNIFTY has closed on an absolute flat note today. For the 3rd day index is playing around 50 EMA on close to close basis. However it has formed a Pinbar candle in daily TF. Above its high there can be a...
NIFTY Intraday Trade Setup For 19 Mar 2024 Bullish-Above 22130 Invalid-Below 22080 T- 22345 22550 Bearish-Below 21900 Invalid-Above 21950 T- 21634 21400 NIFTY has almost on a flat note with minor gain of 0.14% gain today. Its been 3 consecutive day where it closed inside 13 Mar candle's range. Hourly swings are very important at this point, 22210 and 21900 are...
BANKNIFTY Intraday Trade Setup For 18 Mar 2024 Bullish-Above 46810 Invalid-Below 46700 T- 47375 47855 Bearish-Below 46300 Invalid-Above 46410 T- 45750 45220 BANKNIFTY has closed on a bearish note last week with 2.6% cut last week. Index is at 50 EMA in daily TF. If at all index has to take support from this zone then we will wait for a bullish price structure...
NIFTY Intraday Trade Setup For 18 Mar 2024 Bullish-Above 22130 Invalid-Below 22080 T- 22345 22550 Bearish-Below 21900 Invalid-Above 21950 T- 21634 21400 NIFTY has closed on a bearish note on a bearish note with 2% cut last week. It has got rejected from from 2.618 PRZ in weekly TF which was pretty obvious. Below 21850 we will get a breakout of channel in daily...
BANKNIFTY Intraday Trade Setup For 15 Mar 2024 Bullish-Above 47250 Invalid- Below 47140 T- 48040 Bearish-Below 46550 Invalid-Above 46660 T- 45930 45360 BANKNIFTY has closed on a bearish note with 0.41% cut today. Index is at a decisive level, 50 EMA in daily TF. If it all it has to take support then 46550 should be safe and should make a bullish price...
NIFTY Intraday Trade Setup For 15 Mar 2024 Bullish-Above 22210 Invalid-Below 22160 T- 22450 22670 Bearish-Below 22080 Invalid-Above 22130 T- 21840 21600 NIFTY has closed on a bullish note with 0.68% gain today. It gave expected 50% retracement of the fall seen on 13 Mar. Now once again we can expect downside continuation. Key level is 21900 for the continuation...
BANKNIFTY Intraday Trade Setup For 14 Mar 2024 Bullish-Above 47250 Invalid-Below 47140 T- 47850 Bearish-Below 46840 Invalid-Above 46950 T- 46218 45640 BANKNIFTY has closed on a bearish note with 0.64% cut today. However BANKS were defending NIFTY or else NIFTY would have tanked much more resulting into pure panic selling. Sell triggered as per trade setup...
NIFTY Intraday Trade Setup For 14 Mar 2024 Sell_1- From 22250 Invalid-Above 22300 T- 22050 21900 Sell_2- Below 21900 Invalid-Above 21950 T- 21689 21487 NIFTY has closed on a bold bearish note with 1.51% cut today. It was a good trendy day. Sell triggered below 22250 and hit both mentioned targets till 21910. Yesterday we discussed that index is in distribution...
BANKNIFTY Intraday Trade Setup For 13 Mar 2024 Bullish-Above 47500 Invalid-Below 47390 T- 47855 48385 Bearish-Below 47150 Invalid-Above 47260 T- 46645 BANKNIFTY closed almost on a flat note with a minor cut of 0.1% after a huge volatility today. As per the trade setup short triggered @ 47810 and gave a nose dive till 46885. Plotted half bat worked like a dot...
NIFTY Intraday Trade Setup For 13 Mar 2024 Bullish-Above 22460 Invalid-Below 22410 T- 22665 Bearish-Below 22250 Invalid-Above 22300 T- 22090 21900 NIFTY has closed on an absolute flat note today. It was trading between Mars and Moon but eventually landed on Earth. Till the time index is trading between the parallel channel in daily TF momentum is going to...
BANKNIFTY Intraday Trade Setup For 12 Mar 2024 Sell_1- From 47810 Invalid-Above 47920 T- 47500 47200 Sell_2- Below 47200 Invalid-Above 47310 T- 46615 46068 BANKNIFTY has closed on a bearish note with with 1% cut today. Sell triggered as per trade setup below 47730 and gave a good move in favor till 47235. Although a clear move, the momentum was really pathetic...
NIFTY Intraday Trade Setup For 12 Mar 2024 Bullish-Above 22450 Invalid-Below 22400 T- 22655 Bearish-Below 22300 Invalid-Above 22350 T- 22090 21900 NIFTY has closed on a bearish note with 0.72% cut today. Sell triggered as per trade setup below 22430 and gave a move till 22310, targets were not achieved although it gave 100+ points gain. Tomorrow 22450 is the...
BANKNIFTY Intraday Trade Setup For 11 Mar 2024 Bullish-Above 48170 Invalid-Above 48060 T- 48800 49430 Bearish-Below 47730 Invalid-Above 47840 T- 47140 46645 BANKNIFTY has closed on a slight bearish note last week with 1.16% gain last week. Last week we saw a good grip of bulls in the initial 2 days and then some some sideways move. Index will give a bold...
NIFTY Intraday Trade Setup For 11 Mar 2024 Bullish-Above 22530 Invalid-Below 22480 T- 22710 22850 Bearish-Below 22420 Invalid0Above 22470 T- 22200 21980 NIFTY has closed on a slight bullish note with 0.51% gain last week. Few week back in the weekend analysis it was discussed that index has been trading in a parallel channel in daily TF. Still index has...