BANK NIFTY INTRADAY LEVELS FOR 02 SEP 2024BUY ABOVE - 51470
SL - 51260
TARGETS - 51620,51750,51880
SELL BELOW - 51260
SL - 51470
TARGETS - 51120,51020,50890
NO TRADE ZONE - 51260 to 51470
Previous Day High - 51470
Previous Day Low - 51260
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
BANKNIFTY
Dalmia Bharat next week target 1860Dalmia Bharat could be a good stock for the next week which looks better as per technical analysis, the stock is up trending on the daily chart. The stock is trading 53% on the daily chart as per the RSI indicator, indicating the strength of the stock. This stock can prove to be a better option for buying next week.
Bharti Airtel next week target 1540, 1580Bharti Airtel may see good bullishness in the next week, the stock has broken the range of the last three weeks, the stock is currently above 64 % on the daily chart on the RSI indicator, indicating the strength of the stock. The stock is just above the particular golden moving average we discovered. The stock can see an increase of 3 to 5 percent next week.
BANKNIFTY TODAY - Opens with a gap Up, Targets Marked for YouAfter a good upside rally, BankNifty has been on sideways from 2 straight days.
Can the gapup today give it further bullish momentum? Only time will tell.
But, Iam prepared to catch the best trades with this Risological strategy.
Banknift CE buy side setup, it is!
Good luck, folks!
Namaste 🙏
BANK NIFTY INTRADAY ANALYSIS FOR 30 AUG 2024BUY ABOVE - 51260
SL - 5120
TARGETS - 51500,51620,51750
SELL BELOW - 51020
SL - 51120
TARGETS - 50890,50740,50600
NO TRADE ZONE - 51020 to 51260
Previous Day High - 51400
Previous Day Low - 51020
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
Bank Nifty Podcast 29 Aug 2024Only 1 trade was taken.
The trade was based on podcast levels with CE side. The OI data was slightly positive and also 3 departments were "Bullish" from 4 departments of Option Chain.
The risk to reward was 0.66 which qualifies the min. required risk to reward for the podcast setup.
BANK NIFTY INTRADAY LEVELS FOR 28/08/2024BUY ABOVE - 51260
SL - 51080
TARGETS - 51500,51620,51750
SELL BELOW - 51080
SL - 51260
TARGETS - 50890,50740,50600
NO TRADE ZONE - 51080 to 51260
Previous Day High - 51260
Previous Day Low - 51080
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
BankNifty Update - Bearish Sign on 15m Chart
On 15m time frame, BankNifty has closed with a red candle at 3:30pm
This is a bearish sign and a confirmation for PE side buying. Tomorrow, we might see a continuation on the down side.
Entry, stop loss and profit targets have been marked for your reference.
All the best!
BANKNIFTY can be bearish from 51466-51647 51466-51647 Levels are very important for BankNifty to sustain. If it break above these levels, then a new all time high can be seen in Sep month. Mostly likely, BankNifty could fall from here to be bearish again and break 49,815 levels. This level is a pure selling level above the fair value gap that was created on 5th Aug.
[INTRADAY] #BANKNIFTY PE & CE Levels(28/08/2024)🔔 Bank Nifty Update for Today:
📊 Expected Opening:
Opening Outlook: Flat
📈 Consolidation Zone:
Range: 51050 - 51450
Bank Nifty is expected to open flat today. The levels between 51050 and 51450 are likely to be a consolidation zone.
📈 Potential Upside Movement:
Strong Rally: Expected if Bank Nifty starts trading above 51550
If Bank Nifty breaks out above 51550, a strong upside rally is anticipated.
📉 Downside Risk:
Major Downside: Only expected if the index breaks down below 50950
Any significant downside is likely only if Bank Nifty gives a breakdown below 50950.
BANK NIFTY INTRADAY LEVELS FOR 28/08/2024BUY ABOVE - 51260
SL - 51080
TARGETS - 51500,51620,51750
SELL BELOW - 51080
SL - 51260
TARGETS - 50890,50740,50600
NO TRADE ZONE - 51080 to 51260
Previous Day High - 51400
Previous Day Low - 50890
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
Bank Nifty Podcast 27 Aug 2024Took two trades today.
1st trade was taken with 50% risk which means instead of max loss of 1000, I took only 1 lot with 500 risk. The 50% risk was taken because OI data was completely positive and 4 departments were "Bullish".
2nd trade was taken with maximum conviction as the data was positive and 4 departments were "Bullish", but looks like Bank Nifty had some other plans. The market remained sideways for sometime which resulted in decay in the premiums.
Notes:
- Never take any trade even with 50% risk, because sometimes "No trade is also good trade"
- 2nd trade should have been taken with debit spread as next day is expiry and already Bank Nifty had moved more than 200 points.
[INTRADAY] #BANKNIFTY PE & CE Levels(27/08/2024)🔔 Bank Nifty Update for Today:
📊 Expected Opening:
Opening Level: Slightly flat near yesterday’s close
📈 Potential Upside Movement:
Primary Upside Target: 51450+
Extended Upside Target: 51950+ (upon breakout above 51550)
Bank Nifty is expected to open slightly flat, near yesterday’s closing level. After the opening, there is a possibility of an upside rally reaching 51,450 or higher. If Bank Nifty breaks out above the 51,550 level, this rally could extend further, potentially reaching up to 51,950.
📉 Support Level:
Strong Support: 51000
The 51000 level will act as a strong support for today’s session, providing a key level to watch in case of any downside movement.
Review and plan for 2th August 2024 Nifty future and banknifty future analysis and intraday plan in kannada.
Positional trading ideas included.
This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post.
please consult your financial advisor before taking any action.
----Vinaykumar hiremath, CMT
BANK NIFTY INTRADAY LEVELS FOR 27/08/2024BUY ABOVE - 51300
SL - 51080
TARGETS - 51500,51620,51750
SELL BELOW - 51080
SL - 51300
TARGETS - 50890,50740,50600
NO TRADE ZONE - 50890 to 51080
Previous Day High - 51300
Previous Day Low - 51080
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
Bank Nifty Podcast 26 Aug 2024Today, took only 1 trade on long side.
There were another trades which came on short side (PE), but the OI data was positive and 2 departments of OI also showed "Bullish" status, so avoided the trades.
Notes:
- In the podcast strategy, without data the position can be taken but with 50% risk
-- Risk option #1 - If you're maximum loss is 1000 for 2 lots, then go for 1 lot
-- Risk option #2 - If you're having only 1 lot and max loss is 1000, then either go with debit spread or credit spread.
BankNifty Continues Bullish MomentumBankNifty Continues Bullish Momentum with a gap-up today 26 August, 2024
Trailing stop loss as per Risological swing trader: 50,920
Resistance: 51,430 - 52,110 - 52,530
If Banknifty closes below 50,920, then all CE position will be closed and a fresh PE side buy position will be opened.
Good luck.