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Bankniftyanalsyis

Bank Nifty Intraday Trade Setup for 18th may 2020Good Morning sir's Banking Sectors is still weak and has a major role for current downfall. Government has announced simulation package but market has rejected it Badly. Technical View ================== Bank Nifty has made a Head and shoulder pattern in 2 hour time frame and neck line of this H&S pattern is on 18500 but I had seen one more support lower then neck line which is on 18200 so I will consider this level as for neck line (18200) . 18200 is a last hope for Bank nifty Index. Index will breach on harmonic przs ( 16650 then 16080) on breakdown of 18200. Trade setup & Intraday levels =============================== Buy : 19000 Stop loss : 18830 Target : 19140/19300/19430 Sell : 18650 Stop loss : 18840 Target : 18500/18370/18270 Levels in Spot Prices.. Disclaimer: I am not a SEBI Registered Research Analyst and all the information provided here is for educational purposes Views are shared based on market research and study and personal in nature. Others can take the different view and opinions. Good Luck and Happy Trading Virendra Pandey
NSE:BANKNIFTY
by CodeViser
8
BankNifty Intraday Trade Setup for 12th may 2020Good Morning Everyone, Banking sector is weak and has a major role for current downfall. Main question is is downfall will be continue today on the expiry day? Let see Technical View ============== Bank Nifty has made a head and shoulder pattern in hourly time frame. Index look weak on this level and can be fallen knife on breakdown . Level is 18,725. Index major resistance is still on 20,000 and support is on 18,700 Trade Setup =================== A - Long Position is risky and can build only and only on resistance breakout which is above on 19,400.00 B: Short position is lower then 18,700 Disclaimer: I am not a SEBI Registered Research Analyst and all the information provided here is for educational purposes Views are shared based on market research and study and personal in nature. Others can take the different view and opinions. Good Luck and Happy Trading Virendra Pandey
NSE:BANKNIFTY
by CodeViser
Bank Nifty Intraday & Expiry day Trade setup for 07th May 2020Good Morning Everyone, Banking sector is weak and has a major role for current downfall. Main question is is downfall will be continue today on the expiry day? Let see Technical View ============== Bank Nifty Major Resistance is on 20250-20300 and support is on 19000-19100. Trade Setup =================== A - Long Position is risky and can build only and only on resistance breakout which is above on 20300.. B: Short position is lower then 19000 Disclaimer: I am not a SEBI Registered Research Analyst and all the information provided here is for educational purposes Views are shared based on market research and study and personal in nature. Others can take the different view and opinions. Good Luck and Happy Trading Virendra Pandey
NSE:BANKNIFTY
by CodeViser
Bank Nifty Weekly Expiry day analysis for 30th April 2020 Good Morning Everyone, Bank nifty is much stronger then nifty because the rally of HDFC bank. it will be continue today? Well we are tech analyst and we trade on confirmations. Yesterday we have made a handsome profit in Intraday. Resistance, support and technical view ======================================== Nifty Major Resistance area is 22060 and it's come with our harmonic pattern and support is sit on 19100... Intraday Trade setup ==================== Buy : Yesterday high is most of Important for us and we need to build a long position if index sustain above on it . Level is 21400 Short : Open a short position if Index break 20400 Note : We might be see a gap up Opening so use a simple strategy mark 15 minute candle high and low and setup your long short according on it Disclaimer: I am not a SEBI Registered Research Analyst and all the information provided here is for educational purposes Views are shared based on market research and study and personal in nature. Others can take the different view and opinions. Good Luck and Happy Trading Virendra Pandey
NSE:BANKNIFTY
by CodeViser
Bank Nifty Intraday Trade Setup for Wednesday 29th April 2020Good Morning Everyone, Bank Nifty has given a clear move then Nifty in Yesterday Trading session because of A sharp rally in banking and financial stocks but Question is it continue today ? Resistance, support and technical view ======================================== Bank Nifty i resistance is on 21500 and support is on 19500 also a Harmonic pattern in hourly time frame. Prz area is 20879. so we can see a correction from 20879-20900 Intraday Trade setup ==================== Buy Above if Index break 20950 and sustain above in first trading Hour Sell: build a short if Index break 20500 and sustain Disclaimer: I am not a SEBI Registered Research Analyst and all the information provided here is for educational purposes Views are shared based on market research and study and personal in nature. Others can take the different view and opinions. Good Luck and Happy Trading Virendra Pandey
NSE:BANKNIFTY
by CodeViser
2
Bank Nifty Intraday Trade setup for 20th April 2020Good Morning everyone, Bank Nifty is follow Nifty Trend in short term and long term as well because some high wattage stock of Bank nifty is keep high stake in Nifty as well so it's Impact directly. Resistance ----------------------- Bank Nifty major resistance area is 21472 which is also a B point for our one of our Harmonic pattern which is made in hourly time frame, Support --------------- Bank Nifty key support can found on 18700 Trade setup for 20th April 2020 ================================== 1- We're also bullish in Bank nifty for today and buying side has 2 points. A- If you see a gap down and price test 20000-20200 in first trading session at first half then go and build a long from this price level. B- Second buy position can come if Index bullish in first half and break the Friday high which is 20827. Consider 20900 to build your long 2- Sell Bank nifty if 20600 break in Intraday. Good luck and happy Trading CodeViser
NSE:BANKNIFTY
by CodeViser