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Bankniftyexpiry

BankNifty 50 Intraday Trade Setup for 20th may 2020Good Morning Everyone, Yesterday Index was volatile and most of movement has been eaten though Gap up after that Index has been traded in a wide range but still we have managed to make good money in Intraday if you guys listen me and manage to short from top (18100) . Now question is Index will be trade in a range and can give a clear movement . Technical View ===================== Index might be trade in a range today to manage the difference of call put rates before the Expiry. Range upside level is 18000 and downside level is 17400.. Resistance : Index Intraday Resistance is 18000 and key resistance is 18200 then 19200. Support : Intraday support is 18400 and Key support is on 16600 Trade setup ============ Long Position can Build Index manage to close above 18200 with 17900 Sl. Short Position is much safer and can be Open lower then 18400 with 18500 SL . Risk and Reward is good in sell side but you guys need wait to break 18400 and sustain lower then 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
2
Bank Nifty Intraday Trade Setup for 19th May 2020Good Morning Sir's Hope you Guys all Did well yesterday and made good money in yesterday Trading session . The Question is it will be continue Today? Technical View ======================= Resistance : Intraday Resistance is on 18400 and it can be test with a gap up Opening. Key Resistance is on 21600-22000 Support : Intraday support is on 17500 and Index has already tested it yesterday and Key support is still on 16000 Trade setup ================ Buy : LONG position can build only and only if Index sustain above 18600 . Sell : Short is tricky and There is 2 Levels in today intraday . A : Risky Traders can take risks and Open a short from top which is come from Intraday Resistance . Level is 18000-18100 B : Second short Position if Index Break yesterday low which is 17500 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
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
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 (15/04/2020) TECHNICAL ANALYSIS (CHARTING)For the last two trading session, Bank Nifty has been trading range bound. Following Technical analysis provides a better idea to how BANK NIFTY can trade on 15/04/2020 i.e. which depends on several factors like: 1. Adverse affect of the extension of the LOCKDOWN in the countries. 2. How the market across the world behaves. 3. Any financial packages announced by the union government on 15/04/2020. 4. Quarterly reports of several companies. Example - Wipro going to announce on 15/04/2024 So, As per my analysis, Bank Nifty if breakouts above 9951(approx 20000), One can see an uptrend in the BANK NIFTY. If BANK NIFTY breaks the lower thin support of 19160(approx 19100), One can see a down trend in the Bank Nifty. Technical Analysis shows: Resistance 1: 21300 - 21400 Support 1: 18350 - 18450 Support 2: 17100 - 17200 AVOID TRADING WHILE BANK NIFTY IS IN RANGE BOUND MODE.
NSE:BANKNIFTY
by krvinay65
BankNifty Day Trading Setup [20 Feb 2020]If BankNifty breaks the trendline with a strong selling volume, then you may witness 30500 levels. However, it may touch 31150 if it gives a breakout above 30930. Moreover, I also found that there is a bearish divergence in 5 and 15-minute charts which may be valid for the first 30 minutes of trading. Being an expiry day, Open Interest also suggests that expiry might be in the range of 30500 - 30100. So, I believe that 30500 will act as a support and 30100 will be a strong resistance level. Blog: akme.co.in
NSE:BANKNIFTYShort
by Akme-Analytics
2