NSE:BANKNIFTY Analysis/Prediction for tomorrow expiry 27-10-2022NSE:BANKNIFTY Analysis/Prediction for tomorrow
For Flat/Gap-UP Opening
🟢 Buy CE if breaks above trend line or above 41370
✔️ Target Should be 40800
🔴 Buy PE below 41000
✔️ Target Should be 40650
For Gap-Down Opening
🟢 Avoid CE
🔴 Buy PE near 41000
✔️ Target Should be 40650, 40200
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.
Bankniftyprediction
Bank Nifty Levels & Strategy for 21/Oct/2022Dear traders, I have identified chart levels based on my analysis, major support & resistance levels. Please note that I am not a SEBI registered member. Information shared by me here for educational purpose only. Please don’t trust me or anyone for trading/investment purpose as it may lead to financial losses. Focus on learning, how to fish, trust on your own trading skills and please do consult your financial advisor before trading.
BANK NIFTY
Bank Nifty slipped in red and Bears are trying to regain the control. Today, once again Bears as well as Bulls were rewarded who traded based on good quality setup. Buy on only when price action indicate you to buy & vice versa in case of sell. PCR is indicating weakness & weakness in Indian Rupee is hurting Indian traders. We have Diwali two days of Diwali vacation prior to October expiry. Please avoid trading (specially buying) in weekly options. Your overnight position must be hedged & trade based on good quality trade setup.
Bears have slightly upper hand at higher levels. Shall we continue to buy on dips & sell on rise with strict SL untill market trend is clear? Yes, I think so. Please share your thoughts.
BANK NIFTY SCORECARD DATED 20/OCT/2022
BANK NIFTY IS DOWN BY -274 POINTS
Name Price Previous Day Change % Change
Bank Nifty 40100 40373 -273.65 -0.68%
India VIX 17.23 17.49 -0.25 -1.46%
OPTION STATISTICS BASED ON 27/OCT/2022 EXPIRY DATA
Max OI (Calls) 41000 (Open Interest: 1750875, CE LTP: 120)
Max OI (Puts) 39000 (Open Interest: 1507475, PE LTP: 72.7)
PCR 0.84 (PCR is in bearish zone)
Bank Nifty Calls:
ATM: Short Buildup, OTM:Short Buildup, ITM:Long Liquidation, FAR OTM:Short Buildup
Bank Nifty Puts:
ATM: Long Buildup, OTM:Short Buildup, ITM:Short covering, FAR OTM:Short Buildup
NSE:BANKNIFTY Analysis/Prediction for tomorrow expiry 20-10-2022NSE:BANKNIFTY Analysis/Prediction for tomorrow
Note: If market opens flat or 80 to 100 points GAP there are
maximum chances that the price will be in range
so try to trade after 1 PM, one side movement could be possible.
For Gap-UP Opening
🟢 Buy CE above 40600
✔️ Target Should be 40890
🔴 Avoid PE
For Gap-Down Opening
🟢 Buy CE above 40375
✔️ Target Should be 40600, 40890
🔴 Buy PE below 40200
✔️ Target Should be 40000
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.
NSE:BANKNIFTY Analysis/Prediction for tomorrow 19-10-2022NSE:BANKNIFTY Analysis/Prediction for tomorrow
For Flat/ Gap-Down/Gap-UP Opening
🟢 Buy CE above 40430
✔️ Target Should be 40685, 40885
🔴 Buy PE Below 40200
✔️ Target Should be 39975
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.
NSE:BANKNIFTY Analysis/Prediction for tomorrow 18-10-2022NSE:BANKNIFTY Analysis/Prediction for tomorrow
For Flat/Gap-Down Opening
🟢 Buy CE above 40075
✔️ Target Should be 40290, 40500
🔴 Avoid PE
For Gap-UP Opening
🟢 Buy CE near 40000
✔️ Target Should be 40290, 40500
🔴 Avoid PE
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.
Banknifty tomorrow prediction!!We see Banknifty rang bond from last 5 days the open and close level was same and now see what market can do tomorrow. According to us if market can open gap up some sell is coming after the opening and if it break rang thn go with the market.
Sell Banknifty at 38590
Target 38447 38356 38202
Buy banknifty above 38702
Target 38805 38940 39057
NSE:BANKNIFTY Analysis/Prediction for tomorrow Expiry 13-10-2022NSE:BANKNIFTY Analysis/Prediction for tomorrow
For Flat/ Gap-Down Opening (Above 39000)
🟢 Buy CE above 39165 or near 39000
✔️ Target Should be 39300, 39500
🔴 Buy PE below 38930
✔️ Target Should be 38600, 38325
For Gap-UP Opening
🟢 Buy CE near 39120
✔️ Target Should be 39300, 39500
🔴 Buy PE below 38930
✔️ Target Should be 38600, 38500
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 Levels & Strategy for 11/Oct/2022Dear traders, I have identified chart levels based on my analysis, major support & resistance levels. Please note that I am not a SEBI registered member. Information shared by me here for educational purpose only. Please don’t trust me or anyone for trading/investment purpose as it may lead to financial losses. Focus on learning, how to fish, trust on your own trading skills and please do consult your financial advisor before trading.
BANK NIFTY
Bank Nifty closed almost flat (-85 points) in red zone. We are nicely coupled with US market. Best part is extent of fall in Indian market is low compare to US & global markets. Today, Indian market has absorbed the selling in US market and again shown tremendous strength. Today morning, gap-down was a known event for everyone after DOW JONES & Nasdaq were down significantly on Friday.
Today also FIIs continued with their selling in cash as well as F&O segments. DIIs & HNIs buying helped recovery from not only from day's low but also crossed yesterday's high. Volatility continued today and market offered opportunities to bulls after gap-down, bears at yesterday's high and professional traders option writers. Working level by level was profitable.
Shall we continue with sell on rise near resistance levels and buy on dips near support levels????? Yes, I think so. What do you think?????
BANK NIFTY SCORECARD DATED 10/OCT/2022
BANK NIFTY IS DOWN BY -85 POINTS
Name Price Previous Day Change % Change
Bank Nifty 39093 39178 -84.95 -0.22%
India VIX 19.62 18.81 0.81 4.31%
OPTION STATISTICS BASED ON 13/OCT/2022 EXPIRY DATA
Max OI (Calls) 41000 (Open Interest: 2521400, CE LTP: 16.5)
Max OI (Puts) 37000 (Open Interest: 2156375, PE LTP: 8.4)
PCR 1 (PCR is in sideways zone)
Bank Nifty Calls:
ATM: Short Buildup, OTM:Short Buildup, ITM:Short Buildup, FAR OTM:Short Buildup
Bank Nifty Puts:
ATM: Short Buildup, OTM:Short Buildup, ITM:Short Buildup, FAR OTM:Short Buildup
Please do share your comments. Let us work & win together. Have a very happy, healthy & profitable day ahead!
NSE:BANKNIFTY Analysis/Prediction for tomorrow 04-10-2022NSE:BANKNIFTY Analysis/Prediction for tomorrow
For Flat/ Gap-UP Opening
🟢 Buy CE above 38150
✔️ Target Should be 38290, 38440
🔴 Buy PE below 37970
✔️ Target Should be 37850, 37660
For Gap-Down Opening
🟢 Buy CE above 38050
✔️ Target Should be 38150, 38280
🔴 Buy PE near 38000
✔️ Target Should be 38650
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.
Tommorow Banknifty level For our side tommorow will be slightly bullish or in buying mode after the opening.
Buy banknifty above 39651
Target 39821 39893 40000(not possible)
Sl 39441
Sell Banknifty below 39417
Target 39327 39278(major support) 39193
Sl 39640
If Market open at gap down thn buy after the breakout of opening.