NiftyBank Futures Key trading levels for 22nd Aug 22NiftyBank Futures Key trading levels for 22nd Aug 22
Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying
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.
Bankniftyoptions
NiftyBank Futures Key trading levels for 19th Aug 22NiftyBank Futures Key trading levels for 19th Aug 22
Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying
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 Future Levels for 19/08/2022Dear traders, I have identified chart levels based on my analysis, major support and resistance levels. Please note that I am not a SEBI registered member. Information shared for educational purpose. Please do take trade based on your own analysis and risk-taking abilities. Never ever worked with fixed mindset. Any news/result data may change the direction of the trend instantly. Focus on learning so you can take correct/better decision based on your analytical skills. PLEASE NOTE THAT NO ONE CAN BE 100% CORRECT. OVERALL, WE SHOULD CONTINUE TO LEARN & BE ABLE TO CLOSE IN PROFIT EVEN IF WE ARE 50% CORRECT WITH RISK REWARD RATIO 1:2
Bank Nifty closed near day's high above 20 & 50 EMA and VWAP level. PCR (1.2) is in bullish zone. Indix VIX (17.35) down by -1.85%.
Highest open interest on call side at 40000
Hifty highest open interest on put side at 38000
FIIs did cash selling of -1706 Crores. Reduced derivative long positions significantly. Today Proprietary traders & DIIs traders were long in Index and Future contracts on net basis. Surprisingly, retail traders switched to long side today.
Dow Jones is down 100 plus points and Nasdaq flat at this point of time. Please do review closing Index data.
Is correction due now after strong unidirectional rally?
Shall we start looking for sell on rise opportunities or continue to look for buy on dips opportunity with strict stoploss?
PLEASE DO SHARE YOUR FEEDBACKS AS WELL AND TRADE CAREFULLY TO AVOID GETTING INTO BULLS TRAP.
Have a happy, healthy & profitable day ahead!
NSE:BANKNIFTY Analysis/Prediction for tomorrow 19-08-2022NSE:BANKNIFTY Analysis/Prediction for tomorrow
For Flat Opening
🟢 Buy CE near 39560 or above 39705
✔️ Target Should be 39700, 39800, 39970
🔴 Avoid PE
For Gap-UP Opening below 39800
🟢 Buy CE near 39680
✔️ Target Should be 39800, 39970
🔴 Buy PE below 39650
✔️ Target Should be 39500
for Gap-Down Opening
🟢 Buy CE near Trend Line or above 39660
✔️ Target Should be 39650, 39800, 39970
🔴 Buy PE below 39490
✔️ Target Should be 39310
Note:
🚨 Gap-UP & Gap-Down more than 200 points wait for price action.
🚨 Gap-UP & Gap-Down up-to 100 points wait for a pullback.
⚠️ Wait for the 5-minute candle to close for confirmation.
⚠️ Trade Like Either SL or Target.
⚠️ Important: Always maintain your Risk & Reward Ratio.
Disclaimer: I am not SEBI Registered Advisor.
My posts are purely for training and educational purposes.
NiftyBank Futures Key trading levels for 18th Aug 22_ExpirydayNiftyBank Futures Key trading levels for 18th Aug 22_Expiryday
Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying
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 Future Levels for 18/08/2022Dear traders, I have identified chart levels based on my analysis, major support and resistance levels. Please note that I am not a SEBI registered member. Information shared for educational purpose. Please do take trade based on your own analysis and risk-taking abilities. Never ever worked with fixed mindset. Any news/result data may change the direction of the trend instantly. Focus on learning so you can take correct/better decision based on your analytical skills. PLEASE NOTE THAT NO ONE CAN BE 100% CORRECT. OVERALL, WE SHOULD CONTINUE TO LEARN & BE ABLE TO CLOSE IN PROFIT EVEN IF WE ARE 50% CORRECT WITH RISK REWARD RATIO 1:2
Bank Nifty closed once above 20 & 50 EMA and VWAP level. Bank Nifty has shown signs of tiredness. PCR (1.16) is in bullish zone. Indix VIX closed flat.
Bank Nifty highest open interest on call side at 40000
Bank Nifty highest open interest on put side at 39000
FIIs did buying of 6729 Crores but they bought 42826 Puts (Net) in Index and sold 13647 stock futures. Does it mean, FIIs will start selling again. Today Proprietary traders & DIIs traders were long in Index and Future contracts on net basis. Retail traders are heavily short in Index as well stocks.
Dow Jones is down 200 plus points and Nasdaq is down 100 plus points at this point of time. Is correction due now after strong unidirectional rally? Shall we start looking for sell on rise opportunities ?
PLEASE TRADE CAREFULLY TO AVOID GETTING INTO BULLS TRAP.
Have a happy, healthy & profitable day ahead!
Bank Nifty Levels for 17/08/2022Dear traders, I have identified chart levels based on my analysis, major support and resistance levels. Please note that I am not a SEBI registered member. Information shared for educational purpose. Please do take trade based on your own analysis and risk-taking abilities. Never ever worked with fixed mindset. Any news/result data may change the direction of the trend instantly. Focus on learning so you can take correct/better decision based on your analytical skills. PLEASE NOTE THAT NO ONE CAN BE 100% CORRECT. OVERALL, WE SHOULD CONTINUE TO LEARN & BE ABLE TO CLOSE IN PROFIT EVEN IF WE ARE 50% CORRECT WITH RISK REWARD RATIO 1:2
Bank Nifty closed above 20 & 50 EMA and VWAP level. Bank Nifty has shown strength and trying to move in upward direction. PCR (1.04) is in sideways to mild bullish zone. FIIs continue with buying of 2429.6 Crores and DIIs are slowly doing profit booking with selling of -136.2 Crores. Proprietary & retail traders are heavily short in Index and Future contracts. God saves retail traders.
Bank Nifty highest open interest on call side at 40000
Bank Nifty highest open interest on put side at 39000
Overall uptrend looks intact. Shall we continue to look for short straddle/strangle ? Buy on dips opportunities ?
PLEASE TRADE CAREFULLY TO AVOID GETTING INTO BULLS TRAP.
Have a happy, healthy & profitable day ahead!
NiftyBank Futures Key trading levels for 17th Aug 22NiftyBank Futures Key trading levels for 17th Aug 22
Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying
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 weekly analysisBanknifty weekly chart
On the weekly time frame banknifty is looking stronger than nifty
39500 will act as a strong resistance and profit booking near resistance is possible
Strong up trend support is placed at 36000 a healthy retracement will this support zone will give a chance to create fresh long position
2 consecutive day closing above 39500 will reject down side move and next target can be 42000 on weekly basis
How about this.? horizontal levels marked its time to keep our bias neutral. all we need to do is just follow the price where it goes. at least for now we dont have any bearish sentiments but will keep an eye on todays us market and tommorw news. just remember to follow just one holy grail in the market that is RRR.
best of luck traders.
Bank NIfty Levels for 16/08/2022Dear traders, I have identified chart levels based on my analysis, major support and resistance levels. Please note that I am not a SEBI registered member. Information shared for educational purpose. Please do take trade based on your own analysis and risk-taking abilities. Never ever worked with fixed mindset. Any news/result data may change the direction of the trend instantly. Focus on learning so you can take correct/better decision based on your analytical skills. PLEASE NOTE THAT NO ONE CAN BE 100% CORRECT. OVERALL, WE SHOULD CONTINUE TO LEARN & BE ABLE TO CLOSE IN PROFIT EVEN IF WE ARE 50% CORRECT WITH RISK REWARD RATIO 1:2
FIIs continued with strong buying in CASH & F&O of Rs 7405.5 Crores. US market also performed really well on Friday. Let us see the US market performance tonight. Bank Nifty is now just 6.66% away from all time/52 week high. ICICI Bank performed exceptionally well and made new life time high. BN's highest open interest in call as well put is at 39000. PCR is still in buying zone. Overall, all positive & negatives are factored in. All overnight positions must be hedged to handle gap-up & gap-down. Shall we expect a profit booking & and offer us buy on dips opportunities or market will continue with bull run? Shall bulls/specially retail investors should slow down to avoid getting into bulls trap?
NSE:BANKNIFTY Analysis/Prediction for tomorrow 16-08-2022NSE:BANKNIFTY Analysis/Prediction for tomorrow 16-08-2022
Due to the Long weekend try to trade after watching the one-hour price action.
For Flat Opening
🟢 Buy CE above 39100
✔️ Target Should be 39425
🔴 Buy PE below 38950
✔️ Target Should be 38770
For Gap-UP Opening
🟢 for CE watch price action
🔴 Buy PE Near below 39000
✔️ Target Should be 38770
For Gap-Down Opening
🟢 Avoid CE
🔴 Buy PE Near 39000
✔️ Target Should be 38770, 38570
Note:
🚨 Gap-UP & Gap-Down more than 200 points wait for price action.
🚨 Gap-UP & Gap-Down up-to 100 points wait for a pullback.
⚠️ Wait for the 5-minute candle to close for confirmation.
⚠️ Trade Like Either SL or Target.
⚠️ Important: Always maintain your Risk & Reward Ratio.
Disclaimer: I am not SEBI Registered Advisor.
My posts are purely for training and educational purposes.
Bank Nifty Future Levels for 12/08/2022Dear traders, I have identified chart levels based on my analysis, major support and resistance levels. Please note that I am not a SEBI registered member. Information shared for educational purpose. Please do take trade based on your own analysis and risk-taking abilities. Never ever worked with fixed mindset. Any news/result data may change the direction of the trend instantly. Focus on learning so you can take correct/better decision based on your analytical skills. PLEASE NOTE THAT NO ONE CAN BE 100% CORRECT. OVERALL, WE SHOULD CONTINUE TO LEARN & BE ABLE TO CLOSE IN PROFIT EVEN IF WE ARE 50% CORRECT WITH RISK REWARD RATIO 1:2
Bank Nifty is quickly approaching Strong Resistance Zone. All positives are already factored in. Shall we wait for decent dip for buying anymore to avoid bulls trap?
NiftyBank Futures Key Trading levels for 12th Aug 22NiftyBank Futures Key trading levels for 12th Aug 22.
Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying
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 Levels for 11/08/2022Dear traders, I have identified chart levels based on my analysis, major support and resistance levels. Please note that I am not a SEBI registered member. Information shared for educational purpose. Please do take trade based on your own analysis and risk-taking abilities. Never ever worked with fixed mindset. Any news/result data may change the direction of the trend instantly. Focus on learning so you can take correct/better decision based on your analytical skills. PLEASE NOTE THAT NO ONE CAN BE 100% CORRECT. OVERALL, WE SHOULD CONTINUE TO LEARN & BE ABLE TO CLOSE IN PROFIT EVEN IF WE ARE 50% CORRECT WITH RISK REWARD RATIO 1:2
Inverse Head & Shoulder Breakout in Bank Nifty Future. Bullish divergence in RSI is also observed. Bank Nifty trading above VWAP & all important moving averages. US market trading firmly. Tomorrow morning possibility of gap-up in Bank Nifty is very high. Bulls should be cautioned at higher levels. Let us see whether profit booking is going to drag down Bank Nifty then Bulls will lift it further up. Is buy on dips likely to continue tomorrow as well?
BankNifty Futures Key trading levels for 11th Aug 22BankNifty Futures Key trading levels for 11th Aug 22.
Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying
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 Levels for 10/08/2022Dear traders, I have identified chart levels based on my analysis, major support and resistance levels. Please note that I am not a SEBI registered member. Information shared for educational purpose. Please do take trade based on your own analysis and risk-taking abilities. Never ever worked with fixed mindset. Any news/result data may change the direction of the trend instantly. Focus on learning so you can take correct/better decision based on your analytical skills. PLEASE NOTE THAT NO ONE CAN BE 100% CORRECT. OVERALL, WE SHOULD CONTINUE TO LEARN & BE ABLE TO CLOSE IN PROFIT EVEN IF WE ARE 50% CORRECT WITH RISK REWARD RATIO 1:2
Bank Nifty is looking bullish with strong buying support at all levels. Bank Nifty closed above 20, 50, 100 EMAs & VWAP. Bears are trapped in strong rally. However, Bank Nifty has given fair chances to bears as well. Is buy on dips going to be better strategy till Bank Nifty trades above these important moving averages?
BANKNIFTY Analysis/Prediction for tomorrow 10-08-2022 NSE:BANKNIFTY Analysis/Prediction for tomorrow 10-08-2022
If price opens in zone
🟢 Buy CE above 38310
✔️ Target Should be 38630
🔴 Buy PE below 38150
✔️ Target Should be 38030, 37760
Note:
🚨 Gap-UP & Gap-Down more than 200 points wait for price action.
🚨 Gap-UP & Gap-Down up-to 100 points wait for a pullback.
⚠️ Wait for the 5-minute candle to close for confirmation.
⚠️ Trade Like Either SL or Target.
⚠️ Important: Always maintain your Risk & Reward Ratio.
Disclaimer: I am not SEBI Registered Advisor.
My posts are purely for training and educational purposes.
NiftyBank Futures Key trading levels for 10th Aug 22NiftyBank Futures Key trading levels for 10th Aug 22
Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying
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.
NiftyBank Futures Key trading levels for 8th Aug 22
NiftyBank Futures Key trading levels for 8th Aug 22.
Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying
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.