BANKNIFTY Intraday Trade Setup For 17 May 2022 Buy-Above 33830 Sl-33700 T-34000 34200 34400 Sell-Below 33340 Sl-33450 T-33100 33000 32600 BANKNIFTY has given a sharp bounce from our support level- 33000. It shot up from 33000 to 33800. Made a bullish candle in 15 Min above its high it gave a good move. It has made a 400 points range on Monday's trading session,...
NIFTY Intraday Trade Setup For 17 May 2022 Buy-Above 15905 Sl-15850 T- 16000 16080 16175 Sell-Below 15735 Sl-15790 T-15600 15500 NIFTY has formed a doji candle in daily TF. Its can be a trend pause/reversal above doji's high and continuation below doji's low. Important levels to watch tomorrow :- 15730 (S) 16000...
BANKNIFTY Intraday Trade Setup For 16 May 2022 Buy-Above 34000 Sl-33900 T-34200 34350 Sell-Below 33000 Sl-33100 T-32800 32400 BANKNIFTY closed in a negative sentiment on Friday. Fell from our sell level- 34000. It is a psychological resistance level. Still approach is sell on rise. Its in downtrend across all TFs. Now, the important support is 33000. Break...
NIFTY Intraday Trade Setup For 16 May 2022 Buy-Above 16090 Sl-16030 T-16200 16300 Sell-Below 15730 Sl-15790 T-15650 15500 NIFTY has closed almost flat on Friday. Last day down move ended at day low. 17730-17700 is now an important support, breakdown will be the trigger to trade continuation in the down side. Still approach is sell on rise, no major...
NIFTY Intraday Trade Setup For 13 May 2022 Buy-Above 16930 Sl-16870 T-16050 16150 Sell-Below 15735 Sl-15790 T-15600 15500 NIFTY closed with in deep red today. A complete bearish candle is formed in daily TF. The weekly low of 15670 is going to break soon. It opened with a big gap down and closed below 16000 in the 1st 5 Min. As usual below 15 Min candle low and...
BANKNIFTY Intraday Trade Setup For 13 May 2022 Sell_1- From 34000 Sl-34100 T-33800 33500 Sell-Below 33290 Sl- 33400 T- 33000 32700 BANKNIFTY has closed with more than 1100 points cut. It opened opened with a very big gap down. PDL was broken in the 1st 5 Min. 10 o'clock range shifted below 33800 and gave a massive downside move till 33300. No reversal was...
BANKNIFTY Intraday Trade Setup For 12 May 2022 Buy-Above 34800 Sl-34700 T-35000 35300 35500 Sell-Below 34500 Sl-34600 T-34150 34000 BANKNIFTY has made an extreme bullish candle in daily TF ahead of expiry. We have been in a extreme downtrend since a long time. A short covering may take place soon. We had already discussed that the key reversal point is...
NIFTY Intraday Trade Setup For 12 May 2022 Buy-Above 16225 Sl-16070 T-16300 16400 16500 Sell-Below 16030 Sl-16090 T-16060 16000 NIFTY has formed a hammer candle in daily TF. It hit all our target in sell side. 16000 gave a good support. Above hammer candle's high- 16320 a short covering is possible. This move can be extended till 16700. BANKNIFTY is more than...
BANKNIFTY Intraday Trade Setup For 11 May 2022 Buy-Above 34800 Sl-34700 T- 35000 35125 Sell-Below 34400 Sl-34500 T-34200 34000 BANKNIFTY closed 200 points up today. We planned to buy above 34550. It hit our target. Our target was near 34800. As usual made a shooting star at resistance and fell till 34415. Key level for upside reversal is 34800. Coming to...
NIFTY Intraday Trade Setup For 11 May 2022 Buy-Above 16410 Sl-16350 T- 16480 16600 Sell-Below 16140 Sl-16200 T-16070 16000 NIFTY has formed an inverted hammer in daily TF. After hitting daily PRZ, lower low has stopped. A base is being formed in this zone. Now 16400 is the key level for a reversal. Coming to tomorrow's trade setup, we need a 15 min candle...
BANKNIFTY Intraday Trade Setup For 10 May 2022 Buy-Above 34600 Sl-34500 T-36800 35000 Sell-Below 33900 Sl-34000 T-33750 33550 BANKNIFTY has formed an inverted hammer in daily TF. We have sold from 35500, index has hit our targets 34000. We planned a reversal trade from 34000, hourly support. It gave a fantastic move till 34550+. Also 10 o'clock rage broke...
NIFTY Intraday Trade Setup For 10 May 2022 Buy-Above 16405 Sl-16345 T-16500 16600 Sell-Below 16140 Sl-16200 T-16070 16000 NIFTY hit our swing target of 16150, sold from 16800. A perfect bounce came from the PRZ and index gave 250 points move from PRZ. Also the 10 o'clock range broke upside above 16270. It was a good day. Now for a perfect reversal we need to...
BANKNIFTY Intraday Trade Setup For 9 May 2022 Buy-Above 34800 Sl-34700 T-35000 35300 Sell-Below 34300 Sl-34400 T-34100 34000 BANKNIFTY has formed a doji candle in daily TF. It indicates a trend pause . Last week we planned to sell below 35500, our target is hit, 34300(+-50). Now we can expect a pullback above doji candle's high. Below 34300 selling will resume....
NIFTY Intraday Trade Setup For 9 May 2022 Buy-Above 16485 Sl-14440 T-16570 16700 Sell-Below 16340 Sl-16390 T-16240 16150 NIFTY has formed a doji candle in daily TF. It is a trend pause candle. Above candle's high a pullback of the down move can be seen. Below candle low, downtrend will continue. Last week we planned to sell below 16800. Our target was 16150. It...
BANKNIFTY Intraday Trade Setup For 6 May 2022 Buy-None Sell-Below 35100 Sl-35250 T- 35000 34800 34600 BANKNIFTY has made an inside candle in daily TF. We planned to sell from 35750 on last day. It gave very good quick profit of 200 points. Then 10 o'clock range shifted above 35770 and gave another 150 points move in upside. Two consecutive shooting star formed...
NIFTY Intraday Trade Setup For 6 May 2022 Buy-None Sell-Below 16600 Sl-16660 T-16500 16425 NIFTY has formed an inside candle in daily TF. It can be a trend continuation setup in the downside. Activation is always above and below mother candle high and low. Higher chances to break downside tomorrow. Best scenario will be on flat opening. Coming to tomorrow's...
BHEL Buy-Above 54 Sl-50 T-60 66 The stock has made a base and is ready at to breakout.
BANKNIFTY Intraday Trade Setup For 5 May 2022 Sell_1- From 35750 Sl-35850 T-35500 35400 Sell_2-Below 35120 Sl-35220 T-35000 34900 34800 BANKNIFTY has made a big red candle in daily TF. We planned to buy above 36250 last day. It could not sustain itself. So we sold from 36200. All targets were hit. Tomorrow's closing will give us a idea about this down side...