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Bankniftyoptions

BankNifty Trade setup Idea for 14 September, 2022Based on the global data, the market is expected to gap down massively. Since SGX nifty shows a 300 point drop, I expect the market to open around the 40000 levels and hold that range. There might be some volatility in that range. Since FII is still buying, I wouldnt be so worried. This is infact a healty correction, considering the contineous green candles for the last couple of days. My plan: I would wait for the first 15 mins candle to close and then take a call based on that to show me the direction. The first 5 minutes is going to be crazy where the retail investors get into a panic and could start selling.
NSE:BANKNIFTY
by GenkeiFutura
BankNifty Trade setup Idea for 13-september-2022BankNifty was trading in a range yesterday between 40680 and 40520 levels. There was not much of a trade for options buyers(unless you were a scalper). Today there could be a break out or break down from this range. My Plan: - If the market opens flat(40600 levels) or gaps up, then I would would go long once it crosses 40700 levels. - If the market opens flat or gaps down, then I would go short in intraday once it crosses 40500 levels. - If there is a big gap down, then there would be panic in the market, which could bring the market down further.
NSE:BANKNIFTY
by GenkeiFutura
BankNifty Trade setup idea for 12-september-2022Since Friday had a big gapup, and sellers were activated to bring the price lower. Sellers might get activated today as well. For BN to be bullish, the price should hover around 40300 levels or above. - If the price goes lower than 40300, then sellers would get activated again. We could see them pulling the price down to 40000 levels. - If the price doesnt break the 40300 levels, then we could see a volatile market. - If there is a gapup, then the price wont sustain at that level, since the sellers would get activated. If BN needs to move up to new high and sustain there I would prefer it to hover around these levels for this week before it moves higher.
NSE:BANKNIFTY
by GenkeiFutura
Banknifty daily analysis for 09/09/22Banknifty has finally crossed and sustained above the level of 40k. Index remained in a bullish momentum and gave a nice bullish marubozu candle. On the hourly time frame, it remained bullish whole day and crossed upto the level of 40200. The market travelled nicely, and remained in a parallel channel whole day. Banknifty seems to carry on the bullish mode and give nice bullish momentum even for tomorrow. Support :- 40055, 39850, 39600 Resistance :- 40250, 40840, 41000 Wait for the markets to take out today's high and price action near the levels.
NSE:BANKNIFTY
by TheMamboMomentum
BankNifty Trade setup Idea for 8-September-2022Banknifty is not looking as strong as Nifty. These are the 4 possible scenarios. 1. Gapup - there might be some volatility around 39700 range and then it might move up. 2. Gapdown - there might be some volatililty around the 39300 levels and then move down. 3. if the stock opens at the same levels and moves down, the price might halt at around 39300 levels and then move down. 4. If the stock opens at the same levels and then moves up, the price might halt around 39700 levels till 12:30 then might move up.. Looking at the global index, the market might gapup.
NSE:BANKNIFTYLong
by GenkeiFutura
NiftyBank Futures Key Trading Levels for 5th Sept 2022NiftyBank Futures Key Trading Levels for 5th Sept 2022 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.
NSE:BANKNIFTY1!
by sbkurandwad77
BankNifty Trade Setup Idea 5-9-2022 BankNifty has closed strong last week. Banknifty and Nifty look bullish in the weekly chart. Based on the current condition, we are looking at the following: 1. If a 15 minutes candle closes below 39000, we can go short. 39000 is an important level. FOr this level to break, the price needs to first break the trend line around 39300 levels 2. If a 5 minutes candle closes above 39500, we can go long with a short term target around 39650 - 38700 levels. If the price moves beyond that, then Banknifty could easily go to 40000. Note: the resistance at 39550 is not so strong since it has already been tested twice.
NSE:BANKNIFTYLong
by GenkeiFutura
BankNifty Trade setup Idea for 1 September, 2022Banknifty closed suuuper bullish on 30th August. Which brings the following possibilities. 1. The market opens with a gapup, say 300-400 points higher. On which case, we could see some profit booking immediately and then there could be a consolidation. 2. Market opens between 39400-39550 levels, the market could build momentum and push higher to about 39900 levels and then consolidate in that range. 3. Market gaps down, say to 39200 level, which could cause a panic and cause continued selling, causing the market to reach 38800-38900 levels.
NSE:BANKNIFTY
by GenkeiFutura
NiftyBank Futures Key Trading Levels for 1st Sept 2022 ExpiryNiftyBank Futures Key Trading Levels for 1st Sept 2022 Expiry 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.
NSE:BANKNIFTY1!
by sbkurandwad77
NiftyBank Futures Key Trading Levels for 29th Aug 2022 NiftyBank Futures Key Trading Levels for 29th Aug 2022 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.
NSE:BANKNIFTY1!
by sbkurandwad77
Bank Nifty Levels for 25/08/2022Dear 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 here for educational purpose. Please consult your financial advisor before trading. BANK NIFTY Bank Nifty is further up by 341 points. Bank Nifty is looking good & closed above 20 EMA , VWAP level near day’s high. Once again, we had a highly volatile day. PCR shifted up from 0.90 to 1.08 which is now back in bullish zone. Highest open interest on call side at 40000 (Remained same as yesterday) Highest open interest on put side at 38000 (Shifted down from 38500 to 38000) NIFTY Nifty is slightly up by 27 points. Nifty closed above 20 EMA , VWAP level near day’s high. Once again, we had a highly volatile day. PCR remained flat from 0.83 to 0.84 which is still in bearish zone. Nifty hourly chart has formed flag & pole pattern which is also indicating bearishness in price action on chart. Highest open interest on call side at 18000 (Same as yesterday) Highest open interest on put side at 17000 (Shifted down from 17500) Shall we continue to expect high volatility till outcome of Jackson Hole meeting? Shall we look for buy on dips and sell on rise opportunities with suitable SL/TSL? Please do share your comments. Have a happy, healthy & profitable day ahead!
NSE:BANKNIFTY
by manishmgupta
2
NiftyBank Futures Key Trading Levels for 26th Aug 2022NiftyBank Futures Key Trading Levels for 26th Aug 2022 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.
NSE:BANKNIFTY1!
by sbkurandwad77
BankNifty Idea for 25 August, 2022 - Expiry Day Trade SetupSince the Market showed bullish signs yesterday. There are 2 possibilities. Red: If the market opens at the same level or a little lower, then market can hit the break out level before reaching the 39200 levels. The level 39200 is an important level since lot of short covering would happen at that level. Blue: If the market directly moves towards 39200, it might halt there for some time before breaking that level. Once it breaks that level, there is a higher chance we could see lot more short covering. If the market opens with a big gapup of say 39300-39400, then there will be some amount of confusion created in the market. This might lead to BN moving down towards 39200-39250 levels to take support(hover around in that area till 11-11:30) then the market would decide.
NSE:BANKNIFTYLong
by GenkeiFutura
NiftyBank Futures Key Trading Levels for 25th Aug 2022 ExpiryNiftyBank Futures Key Trading Levels for 25th Aug 2022 Expiry 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.
NSE:BANKNIFTY1!
by sbkurandwad77
BankNifty Idea for 24 August, 2022Since the maket opened at 38000 levels yesterday, the sellers make huge profit in 2 days(about 1500 points). They would have wanted to buy a cover causing the market to have a good recovery. Now since the market closed around 38850 levels, I think the market might take a pause today and become volatile in the range of 38800 to 39050, if the market opens at the same level or gaps up by 10-200 points. If the market closes within the same level, then on thursday we might get a good buying opportunity on the up side, leading to a 300-500 point move.
NSE:BANKNIFTYLong
by GenkeiFutura
Bank Nifty Levels for 24/08/2022Dear 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 here for educational purpose. Please consult your financial advisor before trading. BANK NIFTY Bank Nifty is up by 400 points. Bank Nifty closed above 20 EMA, VWAP level near day’s high. We had a highly volatile day. PCR shifted down from 0.61 to 0.90 which is still in bearish zone. Highest open interest on call side at 40000 (Shifted up from 39500) Highest open interest on put side at 38500 (Shifted up from 37000) FIIs, DIIs & OTHER PARTICIPANTS DERIVATIVE DATA ANALYSIS: FIIs (Bullish): FII bought in cash market for 563 crores and bought in derivative market contract for 6510 crores (please do continue to read about whether they bought long positions or short positions). FIIs reduced their index & stock future long contracts & added short positions in index & stock future contracts. FIIs took long positions in index call as put contracts & reduced stock call & put contracts. DIIs (Mild Bullish): DII sold in cash for -215.2 Crores. DIIs have slightly added new positions in Index & stock future contracts. Heavily reduced positions in options contracts. PRO (Bearish): Pro traders have added short index & stock future contracts. Reduced option contracts in index & stock call contracts. Added option contacts in index & stock put contracts. CLIENT (Bearish): Retail/HNI added index & stock future contracts. Significantly reduced their index & stock call option contracts. Added index put contacts & reduced stock put long & short contracts. Shall we continue to expect high volatility in next few days? Shall we look for buy on dips or sell on rise opportunities? Please do share your comments. Have a happy, healthy & profitable day ahead!
NSE:BANKNIFTY
by manishmgupta
2
NiftyBank Futures Key trading levels for 24th Aug 22NiftyBank Futures Key trading levels for 24th 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.
NSE:BANKNIFTY1!
by sbkurandwad77