Bank Nifty Short TermPlease note : Bank nifty has given cup and handle pattern breakout. There is a high probability that 53300 level can be achieved. Subject to 48000 level is not broken.
DISCLAIMER : THIS IS FOR EDUCTIONAL PURPOSE ONLY
Bankniftyidea
Banknifty Analysis Day chartNOTE:-
This Is only My Personal view
This analysis is for Educational Purpose Only
I am Not Sebi Registered
BANK NIFTY 12.09.2023 LEVELSBANK Nifty Spot : 45570.7
Dear Followers Kindly Don't Take Any Buy or Sell Trades Today... Please Watch My Option STRIKES & Level One Week.
Draw The Lines Buy, Sl, T1 to T5 Lines In Your Broker Application
Trailing Purpose Only.
Option Strike : 45400 CE
Buy At : 234, Sl : 210, Next Sl : 140
Target : 292
Target : 351
Target : 409
Target : 468
Target : 526
Target : 585
Target : 643
Target : 702
Option Strike : 45400 PE :
Buy At : 243, Sl : 146, Next Sl : 218
Target : 304
Target : 364
Target : 425
Target : 486
Target : 546
Target : 607
Target : 668
Target : 728
Every Target Point Is An New Buy Entry. First You Conform The Trend..
Market Goes Uptrend Or Downtrend. Then Only You Entre CE or PE Strike.
If You Enter... Stop Loss is Below The Entry 20 To 30 Points.. Otherwise You Loss The Money.
Kindly Watch My Break Even Point. Every Day.
Above The Break Even Point UPTREND Starts
Below The Break Even Point DOWNTREND Starts.
Don"t Enter Blindly.
BANK NIFTY 11.09.2023BANK Nifty Spot : 45156.40
Dear Followers Kindly Don't Take Any Buy or Sell Trades Today... Please Watch My Option Level One Week.
Draw Buy, Sl, T1 to T5 Lines In Your Broker Application
Trailing Purpose Only.
Option Strike : 45000 CE :
Buy At : 366, Sl : 238
Target : 458
Target : 549
Target : 641
Target : 732
Target : ++++++++
Option Strike : 45000 PE :
Buy At : 110, Sl : 72
Target : 138
Target : 165
Target : 193
Target : 220
Target : +++++++++
Every Target Is An Entry Point. First You Conform The Trend..
Market Goes Uptrend Or Downtrend. Then Only You Entre or buy The Strike.
If You Enter Stop Loss is Below The Target 20 To 30 Points.. Otherwise You Loss The Money.
Kindly Watch My Break Even Point. Every Day.
Above The Break Even Point UPTREND Starts
Below The Break Even Point DOWNTREND Starts.
Don"t Enter Blindly.
BANK NIFTY 08.09.2023 LEVELSBank Nifty Spot : 44878.35
Dear Followers Kindly Don't Take Any Buy or Sell Trades Today... Please Watch My Option Level One Week.
Draw Buy, Sl, T1 to T5 Lines In Your Broker Application
Trailing Purpose Only.
Option Buy 44500 CE : Buy At : 399 Sl : 259
T1 :499 T2 : 599 T3 : 698 T4 : 798 T5 : 898
Option Buy 45500 PE : Buy At : 212 Sl : 137
T1 : 265 T2 : 318 T3 : 371 T4 : 424 T5 : 477
Kindly Watch My Break Even Point. Every Day.
Above The Break Even Point UPTREND Starts
Below The Break Even Point DOWNTREND Starts.
SL Break Even Point Near.
Bank NiftyBank nifty must touch 35400 / 35600 before it continues the strong BEARISH trend.
weekly PUT option buyer will lose money.
34020 is the Strong SUPPORT ZONE for long positions.
NIFTYBANK ANALYSIS ART.....BANKNIFTY MONTHLY TF >WG PT< LOOKING....FOR SHORT AND LONG
FOLLOW MY ANALYSIS
AS UH WISH BHURR.....
follow unfollow as uh wish bhurr,,,
Nifty Bank Futures Key Trading levels for 21st Oct 2021Nifty Bank Futures Key Trading levels for 21st Oct 2021
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
Leave a comment that is helpful or encouraging. Let's master the markets together.
Banknifty 45 mints TF chart analysis for this monthHere are my views regarding the trend,
based on the fib retracement, 0.236 acted as good support, if 45 mints candle breaks the upside(yellow line) then there could a good upward moment
if the breakdown happens and 0.236 is broken then we can expect downfall moment and if will take support at 0.382 level.
Do let me know your thoughts around it!
Nifty Bank Futures Key Trading levels for 8th Oct 2021
Nifty Bank Futures Key Trading levels for 8th Oct 2021 ( Reposting)
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views. Please consult your Financial Advisor before making any trading decision.
Leave a comment that is helpful or encouraging. Let's master the markets together.
BANK NIFTY Intraday Trading Levels for 29SEP2021BANK NIFTY Intraday Trading Levels for scalping trade on 29SEP2021
BANKNIFTY ::: LONG07 MAY 2021
INSTRUMENT: BANKNIFTY
TREND: BUY
TIME FRAME: DAY
CMP: 32904.5
BUY ABOVE: 33308
STOP LOSS: 32491
TGT 01: 35187
TGT 02: 36128
DISCLAIMER:
We are not S E B I registered analyst. Please consult your personal financial advisor before investing. We are not responsible for your profits/losses whatsoever
Banknifty ViewGet ready to short higher levels. Banknifty has given long Bull run from 1 October . It's time for profit booking.
BankNifty Day Trading Setup [7 Sep 2020]Buying opportunity if it breaks the downward trend line (Green).
Shorting opportunity if it breaks the horizontal support zone.
Bank Nifty Intraday Trade Setup for 9th June 2020Good Morning friends,
Yesterday we have seen a major downfall from the opening price and Index has given a good move in the downside. Our Trade setup was a 15-minute candle high and low and it's helped us a lot in yesterday's trading session and we made good money there but Index is still bullish and can be traveled 21,980 to 22,890. This 1000 Point range is the supply zone and Index must go on this level before giving a correction in the downside. This is our midterm view. but as I always said that every day is different than others so the main question is what is our today Trade setup.
Technical View
====================
The index is trading in a channel and channel since march and this channel resistance comes on 22890. A lot of confirmation in this price range such as our Harmonic XABCD pattern PRZ Area follows up with Harmonic ABCD pattern as well. Impulse waves also Indicate that the key resistance is on 22,890. Index key support is still on 20,200
Trade setup
============
Buy above: 21,550 SL: 21,230 Target : 21,740/21,980/22,140
Sell Bellow: 20,950 SL: 21,190 Target : 20,760/20,600/20,380
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 a different views and opinions.
Good Luck and Happy Trading
Virendra Pandey
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
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
BANKNIFTY STRATEGY - Based on Market Internals/ Breadth ToolsHello Fellow Traders,
I have created a trading strategy on BankNifty based on Market Internals - Advance/Decline Volume and TICK
These Market Internals, also known as Breadth Tools helps in identifying the overall market sentiment.
Just doing some technical analysis on Price action doesn't provide good results.
Price action along with Volume gives a meaningful insight.
But simple VOLUME information is not sufficient to take a directional view on the markets. A segmentation of POSITIVE and NEGATIVE volume gives a clear picture of the symbol movement.
We can get the volume information FOR ANY STOCKS anywhere. But, VOLUME INFORMATION FOR AN INDEX ALONG WITH POSITIVE AND NEGATIVE VOLUMES are not available in normal trading platforms. We need to construct the VOLUME based on the underlying stocks(12 stocks for BankNifty). And this tool provides the exact feature.
In a nutshell,
1) THIS TOOL PROVIDES BUY/SELL INDICATIONS on the BANKNIFTY based on the underlying stocks' PRICE AND VOLUME
2) THE VOLUME INFORMATION IS BIFURCATED INTO POSITIVE AND NEGATIVE VOLUME, WHICH HELPS IN DECIDING THE MARKET DIRECTION.
Happy Trading!
PS: It's an Intraday tool. Indications for the last 10 trading sessions.
NSE:BANKNIFTY
BankNifty Intraday Trading Strategy [Mar 05, 2020]The trend remains negative for today. So, you can adopt a short strategy in any kind of pullback near its resistance levels.
