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Bankniftylevels

BANKNIFTY: INSTITUTIONAL LEVELS FOR 18/11/2024Overview This trading system combines simplicity with powerful insights for accurate entries and exits. It is structured for active traders using the 5-minute timeframe who want to make clear, confident trading decisions in fast-moving markets. Key Strategy Guidelines Retest Entries : Aim to enter trades on retests rather than breakouts, offering better positioning. Multiple Confirmations : Use more than one confirmation to validate each trade, helping avoid impulsive decisions. ATM Options Focus : Stick to at-the-money (ATM) options or above for optimal liquidity and manageable risk. System Explanation This setup leverages volume, historical price action, and price ranges to pinpoint high-probability entry and exit points. This methodology is designed to reduce guesswork, allowing traders to manage trades with a consistent approach. How It Works: Entry/Exit Signals Blue Line : Signals potential long entry. Red Line : Indicates potential short entry. Tip : Align these signals with additional confirmations from your trading strategy for optimal performance. Stop Loss and Take Profit Levels Stop Loss: Long Trades : Set your stop loss at the nearest red line below the entry point, or adjust based on whether the 5-minute candle crosses the red line. Short Trades : Use the blue line above as the stop loss. Take Profit: Long Entries :Target the next red line above or exit if other indicators suggest a prudent exit. Short Entries :Target the next blue line below following similar guidelines. Timeframe Recommendation This system is specifically optimized for the 5-minute timeframe, making it suitable for those trading shorter intervals with precision. Risk Disclaimer Trading involves high risk, and rapid price changes can lead to unexpected losses. Only trade with capital you can afford to lose, and carefully assess your financial situation and risk tolerance. Join the Community Discussion Engage with other traders to discuss strategies, share insights, and enhance your understanding of the markets. Let’s grow together as a community of traders. Original Content This trading system is the product of my own expertise and rigorous testing. It’s a unique approach developed through real market experience to offer a clear edge in trading.
NSE:BANKNIFTY
by tony_fx_sm
Goodbye BankNifty Weekly - A Memorable Last TradeToday marks the end of an era as we bid farewell to Bank Nifty weekly options, with November 13, 2024, being the final trading session under NSE’s revised framework. Bank Nifty has been a favorite for traders, offering unmatched volatility and opportunities. And what better way to say goodbye than with a stellar 1000+ points profit on this final short trade? The Final Goodbye BankNifty Weekly Trade Instrument: Bank Nifty (Weekly Options) Direction: Short Gain: Over 1000 points in just one day of trading Technical Overview This short trade capitalized on the beautifully bearish momentum that Bank Nifty gifted us on its final day. With precision execution, traders were able to extract significant profits, as seen on the attached chart. The steep decline reflects the perfect synergy between market structure, Risological indicator confirmation , and trading strategy. The visualized Risological red resistance bands acted as a strong guide for trend continuation, with the price respecting these levels while making lower highs and lower lows. A textbook downtrend to close this chapter. A Legacy Remembered Bank Nifty weekly options have been instrumental in shaping intraday trading strategies, providing immense liquidity and opportunities. For years, it has been a go-to index for traders seeking action-packed sessions and quick profits. Looking Forward As we close this chapter, we eagerly await how the markets evolve under NSE’s new framework. One thing remains certain: the spirit of Bank Nifty’s action will live on in the strategies, lessons, and profits it has delivered to traders. Thank you, Bank Nifty Weekly, for the thrills, challenges, and unforgettable memories. You will be missed. #BankNifty #GoodbyeWeeklyOptions #1000PointsProfit #TradingView
NSE:BANKNIFTYShort
by ProfitsNinja
BANKNIFTY Bears Bag 550+ Points! Intraday Targets CrushedBANKNIFTY Intraday Short Trade Analysis: The BANKNIFTY 15m timeframe delivered a stellar short trade setup, hitting all targets and locking in 550+ points profit with impeccable precision. This move stands out as a textbook bearish trade, leveraging strong downward momentum. Indicators used: Risological Swing Trader and Risological Trading Indicator Trade Details: Entry: 51957.20 Stop Loss (SL): 52051.90 Targets: TP1: 51840.20 ✅ TP2: 51650.85 ✅ TP3: 51461.50 ✅ TP4: 51344.45 ✅ Key Takeaways: Massive Profit Potential: BANKNIFTY's bearish momentum resulted in a swift 550+ points profit – a dream trade for intraday option traders. Red-Hot Momentum Indicators : The cascading red candles confirmed the sustained selling pressure, ensuring that all targets were achieved effortlessly. High Accuracy : Entry aligned perfectly with the resistance from the EMA ribbon, signaling a strong rejection and bearish continuation. Profit Perspective: This trade stands as a hallmark of precision and efficiency, showcasing the power of accurate technical analysis in volatile markets like BANKNIFTY. Such trades exemplify how disciplined execution can lead to exceptional intraday gains. Conclusion: The BANKNIFTY short trade played out to perfection, reinforcing the value of spotting momentum-driven opportunities. With more than 550+ points secured, this setup remains one of the most lucrative intraday plays of the session! Namaste!
NSE:BANKNIFTYShort
by ProfitsNinja
Arrowindex : Nifty50 & banknifty level and moments for 12/11/202Arrowindex : Nifty50 & banknifty level and moments for 12/11/2024 We're dedicated to providing you the best of Finance stock market, with a focus on dependability and Investment. We're working to turn our passion for Finance stock market into a booming online. We analyze Live Market and try to Provide learning information Content. All the Live Market views and charts. We hope you enjoy our free services related to Finance stock market as much as we enjoy offering them to you. *Support and offering* Effective online education modules for all segments of traders Customized portfolio tracker Online research & trading guidance Entry and Exit support for Intraday trading, Swing trading, Scalping, Position trading Future & Delivery trading Technical analysis, Fundamentals analysis Fii & Dii data and reports.
NSE:NIFTY
by ARROWINDEX
BANKNIFTY : Trading Levels and Plan for 05-Nov-2024On 04-Nov-2024, Bank Nifty showed a bearish action with the first tick of opening, closing near **51,227** with noticeable volatility. The chart reflects clear support near **50,829** and **50,704**, while resistance zones are seen at **51,494** and **51,729**. The **Yellow trend** represents a sideways market, the **Green trend** signals bullish momentum, and the **Red trend** indicates bearish moves. Trading Plan for 05-Nov-2024: Gap Up Opening (200+ points): If Bank Nifty opens with a gap-up above **51,494**, the index will likely face intraday resistance at **51,729**. A breakout above this level can push Bank Nifty towards **52,082**, the next key resistance level, which might induce sideways movement. However, failure to sustain above **51,729** could result in a pullback towards **51,494** or even a retest of **51,366**, the opening support/resistance level. Actionable Plan: - **Buy** on a sustained move above **51,729** with a target of **52,082**. - **Stop Loss:** Below **51,494** on a 15-minute candle close. Flat Opening: If Bank Nifty opens flat near **51,227**, the focus will be on price action around the **51,366** level. A breakout above **51,494** could initiate bullish momentum, while a failure to break this resistance will result in a sideways trend (Yellow trend) with a potential retest of **51,009** (opening support). In case Bank Nifty breaks **51,009**, expect a bearish move towards **50,829** and **50,704**. Actionable Plan: - **Buy** on a breakout above **51,366**, targeting **51,494**. - **Sell** below **51,009**, with a target of **50,829**. - **Stop Loss:** Place a stop loss near **51,227** for both buy and sell strategies. Gap Down Opening (200+ points): If Bank Nifty opens with a gap-down around **50,829** or below, the focus shifts to the **Buyer’s Support Zone** around **50,704**. A strong recovery from this zone could lead to a bounce back towards **51,009** or even higher. However, if the index fails to hold **50,704**, expect further downside pressure, with the next major support at **50,105**. Keep in mind that aggressive selling could lead to a bearish continuation (Red trend). Actionable Plan: - **Buy** near **50,704**, with a target of **51,009**. - **Sell** below **50,704**, aiming for **50,105**. - **Stop Loss:** Below **50,704** on a 15-minute candle close. Risk Management Tips for Options Trading: - Consider using spreads to limit risk while taking advantage of directional moves. - Keep positions light during volatile openings and focus on defined support/resistance levels. - Avoid holding short-term options over the weekend unless there’s a clear directional bias. Summary and Conclusion: Key levels to watch for 05-Nov-2024 include **51,494** as intraday resistance and **50,704** as strong support. A gap-up or flat opening presents potential opportunities for bullish trades above **51,366**, while a gap-down opening could provide buy opportunities near **50,704**. As always, respect support/resistance zones and wait for confirmation before entering positions. Disclaimer: I am not a SEBI-registered analyst. This trading plan is based on technical analysis and should not be considered financial advice. Please consult with your financial advisor before making any trading decisions.
NSE:BANKNIFTYLong
by LiveTradingBox
BankNifty Intraday Levels 28-Oct-2024, Selling TrendBankNifty has immediate resistance near 50985-51065 wait for the price come to near resistance Zone and enter only on reversal for good risk:reward ratio. Bank Nifty selling trend continue keep find reversal on every rise. Note : Its just an analysis, wait for the price to confirm. Disclaimer : Always follow risk to reward, this is the only key to success in market, no matter how much good a trade is looking we never know the future.
NSE:BANKNIFTYShort
by smrgrover2
BankNifty Crashes Through All Targets – Bears in Control!BankNifty 15m Timeframe Technical Analysis: On the 15-minute timeframe, BankNifty has completed a spectacular short trade, smashing through all targets with strong bearish momentum. Price plunged well below the Risological dotted trendline, confirming the continued downtrend. Key Levels: Entry: 51,620.00 Stop Loss (SL): 51,700.75 Target 1 (TP1): 51,520.15 (Done) Target 2 (TP2): 51,358.60 (Done) Target 3 (TP3): 51,197.05 (Done) Target 4 (TP4): 51,097.20 (Done) Observations: A sharp decline occurred right after entry, and price respected the Risological dotted trendline as resistance throughout the trade. Bears dominated the session, pushing the price lower without retracing back to the trendline. BankNifty's steep descent through all target levels underscores the market's bearish sentiment. With all targets achieved, traders may look for further downside potential or await signs of reversal.
NSE:BANKNIFTYShort
by ProfitsNinja
2
BankNifty 24-OCT-2024 Intraday Levels, Sell Trend in BankNifty BankNifty tried to go upside and respected that resistance level which we identified yesterday as per the price movement. It reversed, and keep trading near bottom level. BankNifty took pause today in daily time frame and can continue tomorrow and become trending. We can sell when 5 min candle close below 51150 price. Note : Its just an analysis, wait for the price to confirm. Disclaimer : Always follow risk to reward, this is the only key to success in market, no matter how much good a trade is looking we never know the future.
NSE:BANKNIFTYShort
by smrgrover2
BANKNIFTY Short Entry – BIG Targets Await!We’ve entered a short trade on BANKNIFTY based on a clear bearish signal at 51733.25. The setup looks strong, and we're now awaiting the targets to hit. Key Levels Entry: 51733.25 – Initiated as bearish momentum took hold. Stop-Loss (SL): 52155.40 – Positioned above the entry to manage risk. Take Profit 1 (TP1): 51211.50 – First target expected to be reached soon. Take Profit 2 (TP2): 50367.25 – Next key level to watch. Take Profit 3 (TP3): 49523.00 – Anticipating continued selling pressure to hit this target. Take Profit 4 (TP4): 49001.25 – The ultimate target in this short trade. Trend Analysis The price is moving decisively below the Risological Dotted Trendline, confirming a strong downtrend. All indicators suggest that the targets are within reach as selling pressure builds. This is going to be a high profit trade if it works out as per the chart. But, let's be ready for rude surprises and have the trailing stop at 51,748 in worst case scenario.
NSE:BANKNIFTYShort
by ProfitsNinja
BankNifty Drops! TP1 Hit as Short Trade Gains MomentumOn 17th October, BankNifty presented an opportunity for a short trade following an indecisive first 15-minute candle. The second 15-minute candle provided a clear bearish signal, prompting us to enter the short position at 51615.15. The price has already reached Take Profit 1 (TP1), confirming the initial strength of the bearish move. Key Levels Entry: 51615.15 – The short trade was initiated here after confirming the bearish momentum. Stop-Loss (SL): 51823.35 – Positioned above recent resistance to protect against potential reversals. Take Profit 1 (TP1): 51357.75 – Already achieved, indicating a successful start to the trade. Take Profit 2 (TP2): 50941.30 – The next target as the downward momentum continues. Take Profit 3 (TP3): 50524.85 – A further downside target if selling pressure holds. Take Profit 4 (TP4): 50267.45 – The ultimate target, signaling a significant decline if the trend persists. Trend Analysis The price has moved below the Risological Dotted trendline, confirming a strong bearish trend. With TP1 already hit, further downside movement appears likely as sellers remain in control. The short trade on BankNifty has made a solid start, with TP1 at 51357.75 already reached. The bearish trend suggests that the next targets could be met as momentum remains in favor of the sellers.
NSE:BANKNIFTYShort
by ProfitsNinja
BankNifty Long Trade on 15m Time Frame: Strong MomentumWe entered a long trade on BankNifty at 51155.90 on the 11th of October at 2:30 pm. The price has shown solid upward movement, and we have now set a trailing stop at 51,250 to lock in gains as we aim for higher targets. Target Points: TP 1: 51248.60 (hit) TP 2: 51398.65 TP 3: 51548.70 TP 4: 51641.40 Trailing Stop: 51,250 Stop Loss (SL): 51080.85 The bullish trend remains strong, and we will continue monitoring the position for further developments as it approaches the remaining targets.
NSE:BANKNIFTYLong
by ProfitsNinja
BankNifty Today: 2900+ Points Profit Caught on RisologicalBankNifty Today: 2900+ Points Profit Caught on Risological Swing Trader This is unbelievable! BankNifty 2900+ Points one side move caught. We got a confirmed entry at 51,230 and there is no looking back. Our last take profit target was at 52,147, closed partially on TP4 and continued to hold the other partial position that is currently at 2900+ massive MASSIVE profit!! For people who have been sending me DMs asking the indicato'r name, it is a paid indicator. Please Google - Risological Swing Trader. Best regards, Namaste!
NSE:BANKNIFTYLong
by ProfitsNinja
BankNifty 2300+ Points! MASSIVE MOVE Caught Using RisologicalBankNifty 2300+ Points! MASSIV MOVE Caught Using Risological Swing Trader Guys, This is UNBELIEVABLE!!! My biggest BankNifty trade EVER!!! 2300+ points gain in BankNifty feels like direct access to the holy heaven! Got a clear Entry of this CE side buy trade on 12 Sep 9:15 am at 51,230 price level. The final profit target was at 880+ points anf I was holding 50% of this position which gave me a whopping 2300+ points of the remaining posiion. How did I pull this off? - Use 15m time frame chart - Buy the monthly contract (not weekly). - The monthly contracts are costlier, but it pays off in times like this. - Follow the trend using the Risological swing trader - You can either exit on every TP levels (Take profit), or - Close partially on each level. - Hold 25% of the position till the price reversal happens - Price reversal means - the candle turning red on a long trade and green on a short trade. Hope this helps! Namaste!
NSE:BANKNIFTYLong
by ProfitsNinja