[INTRADAY] #BANKNIFTY PE & CE Levels(20/01/2025)Today will be flat opening expected in banknifty. After opening if banknifty sustain above the 48550 level then expected upside rally upto 400-500+ points upto the 49950 level. Major downside level expected if banknifty starts trading below the 48450 level. This downside rally can goes upto the 48050 level and further extend for 400-500+ points in case starts trading below the 47950 level.
Bankniftytradesetup
[INTRADAY] #BANKNIFTY PE & CE Levels(21/01/2025)Today will be gap up opening expected in banknifty. After opening if banknifty starts trading and sustain above the 49550 level then expected upside rally upto the 49950+ level. Upside 49950 level will act as a resistance for today's session. Any downside rally expected below 49450 level this downside can goes upto 49050 level.
BANKNIFTY : TRADING LEVELS AND PLAN FOR 22-JAN-2025🔖 Bank Nifty Trading Plan for 22-Jan-2025
📊 Key Levels to Watch:
Resistance Zones: 48,827–49,041 (Opening Resistance and Last Intraday Resistance)
Support Zones: 48,275–48,371 (Opening Support), 47,940 (Last Important Support)
1️⃣ Gap-Up Opening (200+ points)
If Bank Nifty opens above 48,827:
The first resistance to watch is 49,041 (Last Intraday Resistance). If the price consolidates below this level, consider taking a short trade with a target back to 48,827–48,772.
A breakout above 49,041 with volume can signal bullish momentum. In this case, a long trade can be taken, aiming for higher levels like 49,200–49,389, with a stop-loss below 49,041.
📌 Educational Insight: During gap-ups, it’s essential to observe early price action near resistance zones. Fake breakouts can result in losses if trades are entered impulsively. Wait for confirmation (e.g., 5-minute or 15-minute candle close).
2️⃣ Flat Opening (Within 48,658–48,827)
If Bank Nifty opens flat, focus on the Opening Resistance (48,827). A rejection from this level can lead to a short trade opportunity toward 48,658–48,371.
On the other hand, if Bank Nifty sustains above 48,827, go long with a target toward 49,041. Keep your stop-loss tight, just below 48,772, to manage risks.
A breakdown below 48,658 could trigger a bearish trend, with a potential target of 48,275 (Opening Support).
📌 Educational Insight: Flat openings often indicate indecision among market participants. The first 30 minutes of the market provide valuable clues about the day's trend direction. Observe these moves carefully before initiating trades.
3️⃣ Gap-Down Opening (200+ points)
If Bank Nifty opens near 48,275 or below:
Look for a reversal at 48,275–48,371 (Opening Support Zone). If strong buying is seen here, go long with a target toward 48,658–48,827.
If Bank Nifty breaks and sustains below 48,275, it can signal bearishness. Short trades can be initiated with a target toward 47,940 (Last Important Support).
Aggressive buying at 47,940 could offer a solid risk-reward opportunity for long trades. Monitor volumes and reversal patterns for confirmation.
📌 Educational Insight: Gap-down openings can lead to panic selling or aggressive buying at supports. Always wait for price confirmation before entering, especially near significant support zones.
📌 Risk Management Tips for Options Trading:
Trade small lots initially to minimize risk, especially during volatile conditions.
Use hedging strategies, such as buying both calls and puts (straddles/strangles), if volatility is expected to spike.
Place your stop-loss based on key levels rather than arbitrary numbers. This ensures technical alignment with the market.
Avoid overtrading or averaging down losing trades, as this can lead to compounding losses.
🔍 Summary & Conclusion:
Gap-Up: Resistance at 49,041 is critical. Look for breakout or rejection-based trades.
Flat: Key levels are 48,827 (resistance) and 48,658 (support). Follow the trend direction post-opening.
Gap-Down: Focus on buying opportunities near 48,275 and 47,940, but only after confirmation.
⚠️ Disclaimer: I am not a SEBI-registered analyst. This plan is for educational purposes only. Please consult your financial advisor or conduct your analysis before trading.
Best scalper indicator (Dynamic Scalping Indicator) PAIDThis post is especially for my Indian friends trading in Bank Nifty and Nifty options. It is one my lowest price indicator among all my other paid indicators.
Here’s a quick analysis based on the 15-minute chart:
From Monday itself, there was a clear sell signal, and today the market opened in the red zone, indicating a selling area. It continued downward, hitting a low of 48,689. After that, we saw a breakout, and the price moved back into the expected range, which lies between the blue and red lines. The pattern repeated: touching the blue line, then moving to the red line, and vice versa, with a breakout confirming the trend.
This indicator provides two types of signals:
1. Triangles on the chart:
• Up triangle: Buy signal
• Down triangle: Sell signal
2. Background colors:
• Red: Strong sell zone
• Gray: Sideways or no-trading zone
• Green: Bullish zone
For example:
• We saw a downward move, followed by a green candle in the gray zone (sideways market).
• The market returned to the red zone and moved sideways again, but the indicator consistently captured these movements beautifully.
Recommended Timeframes
Since this is a scalping indicator, the maximum timeframe to use is 15 minutes. You can also try it on 1-minute, 3-minute, or 5-minute charts, which deliver excellent signals. The 5-minute chart is particularly impressive and highly effective for scalping.
BankNifty Approaching Major Resistance: Next Steps..?At present, BANKNIFTY is approaching a crucial resistance level at 49800 rupees, which could potentially act as a barrier to any upward movement. It is important to monitor this level closely, as a breakthrough could signify a strong bullish trend. On the other hand, there is intraday support positioned at 49050 rupees. This support level may provide some cushion for traders, but it also highlights the importance of being vigilant about price movements.
Considering the current earnings season, which has the potential to introduce volatility into the market, it is wise to exercise caution when executing trades. The outcomes of various corporate earnings reports can heavily influence market sentiment, thereby affecting positional strategies. Therefore, it is advisable to refrain from taking any overnight positions until BANKNIFTY convincingly breaks through the resistance level at 49800 rupees and maintains trading above it. This approach will help mitigate risk and capitalize on clearer trading signals.
BANKNIFTY : Trading plan and Levels for 21-Jan-2025🔖 Bank Nifty Trading Plan for 21-Jan-2025
📊 Key Levels:
Resistance Zones: 49,445–49,604, Profit Booking Zone: 49,899
Support Zones: 49,161 (Opening Support Zone), 48,861 (Last Intraday Support Zone)
1️⃣ Gap-Up Opening (200+ points above 49,445)
📍 Analysis: A gap-up above 49,445 indicates strong bullish momentum. However, the zone between 49,604 and 49,899 acts as a profit booking/resistance zone. Watch price action closely in this region.
📌 Action Plan:
If Bank Nifty consolidates below 49,604, look for rejection signs. A reversal from this resistance zone can provide a shorting opportunity, targeting 49,445.
If Bank Nifty breaks and sustains above 49,604 with strong buying volume, initiate a long trade with a target of 49,899. Use a trailing stop-loss to protect profits.
Avoid trading immediately on the breakout; wait for retests and volume confirmation for better risk-reward.
📚 Educational Insight: In gap-up scenarios, profit booking or resistance levels often create selling pressure. Wait for clear rejection or sustained breakout to minimize risk.
2️⃣ Flat Opening (Within 49,339–49,445)
📍 Analysis: A flat opening indicates indecision. The first 15–30 minutes of trading will reveal the market's intent. The zones of 49,339 and 49,445 will act as key areas for price action.
📌 Action Plan:
If Bank Nifty struggles near 49,445 and shows signs of rejection, consider a short trade targeting 49,161.
If it sustains above 49,445, look for a long trade, targeting 49,604. Ensure price holds the breakout zone before entering.
A breakdown below 49,339 will indicate bearish sentiment, providing a shorting opportunity toward the 49,161 support zone.
📚 Educational Insight: Flat openings provide an excellent opportunity to assess market sentiment. Allow the market to settle for at least 15 minutes to avoid false breakouts or breakdowns.
3️⃣ Gap-Down Opening (200+ points near or below 49,161)
📍 Analysis: A gap-down opening near support zones can either trigger panic selling or bounce back strongly. The area around 48,861 is critical for observing buyer activity.
📌 Action Plan:
Look for reversals near the 48,861 support zone. A strong bounce here can provide a long trade opportunity targeting 49,161.
If Bank Nifty sustains below 48,861, initiate short trades targeting lower levels around 48,600.
Avoid early entries in gap-down scenarios; wait for volume confirmation to ensure the support level holds.
📚 Educational Insight: In gap-down scenarios, support zones often witness aggressive buying. However, if breached, they can turn into strong resistance, amplifying bearish momentum.
⚠️ Risk Management Tips for Options Trading:
✅ Use strict stop-loss levels to limit losses in volatile markets.
✅ Avoid trading during the first 15 minutes post-opening, as it often sees unpredictable price movements.
✅ In high-IV conditions, consider trading spreads like bull/bear spreads to manage risk.
✅ Monitor hourly candle closures for additional confirmation before entering trades.
✅ Never over-leverage; protect your capital by trading within your risk tolerance.
🔍 Summary & Conclusion:
Gap-Up: Watch for price action near 49,604–49,899. Focus on rejection or breakout setups.
Flat: Observe price reaction between 49,339–49,445. Trade breakdowns or sustained breakouts for clarity.
Gap-Down: Look for buying opportunities at 48,861, but respect bearish momentum if the level breaks.
⚠️ Disclaimer: I am not a SEBI-registered analyst. This trading plan is for educational purposes only. Please consult a financial advisor or conduct your own research before trading.
BANKNIFTY : Trading levels and plan for 20-Jan-2025🔖 Bank Nifty Trading Plan for 20-Jan-2025
📊 Key Levels:
Resistance Zones: 48,680–48,885, Last Intraday Resistance: 49,207
Support Zones: 48,232, 47,703 (Buyer’s Support Zone)
1️⃣ Gap-Up Opening (200+ points)
If Bank Nifty opens above 48,885:
Watch for price consolidation or rejection near Last Intraday Resistance (49,207). A failure to break this level can provide a shorting opportunity with a target back to 48,885.
A breakout above 49,207 with sustained buying can signal further bullish momentum. In this case, consider going long with a trailing stop-loss strategy to ride the trend.
📌 Educational Insight: Gap-ups above resistance levels can signal strong bullish intent, but they often face selling pressure at key resistance zones. Look for confirmation before entering trades.
2️⃣ Flat Opening (Within 48,553–48,680)
Focus on the reaction to 48,680 (Opening Resistance Zone).
If Bank Nifty struggles near this level, it indicates selling pressure. A short trade targeting 48,232 would be ideal.
Conversely, if it sustains above 48,680, a long trade can be initiated, aiming for the 48,885 zone.
A decisive breakdown below 48,553 may signal bearishness, with a target toward 48,232.
📌 Educational Insight: Flat openings offer the best opportunity for observing market sentiment. Let the first 15–30 minutes settle before committing to a trade for clarity on direction.
3️⃣ Gap-Down Opening (200+ points)
If Bank Nifty opens near 48,232 or below:
Look for reversals near the Buyer’s Support Zone (47,703). A strong bounce here can provide a long trade opportunity, targeting 48,232 or 48,553.
However, if Bank Nifty sustains below 47,703, it may indicate a continuation of the bearish trend. Short trades can be initiated, targeting levels around 47,400.
📌 Educational Insight: Gap-down openings usually trigger panic or aggressive buying at support zones. Always wait for confirmation through volume and price action before entering trades.
📌 Risk Management Tips for Options Trading:
Use defined stop-loss levels and avoid over-leveraging, especially during volatile openings.
Consider trading spreads (like bull/bear spreads) to limit potential losses in high-IV conditions.
Monitor hourly candle closures for added confirmation before entering trades.
Avoid chasing trades in the first 15 minutes after opening; let the market settle for better setups.
🔍 Summary & Conclusion:
For 20-Jan-2025:
Gap-Up: Watch for action near 48,885–49,207. Focus on rejection or breakout opportunities.
Flat: Key action zone is 48,680; observe for breakouts or breakdowns.
Gap-Down: Look for buying opportunities near 48,232 or 47,703, but respect bearish momentum if levels are broken.
⚠️ Disclaimer: I am not a SEBI-registered analyst. This plan is for educational purposes only. Please consult a financial advisor or conduct your own analysis before trading.
[INTRADAY] #BANKNIFTY PE & CE Levels(17/01/2025)Today will be flat opening expected in banknifty. After opening it will consolidated in range of 49050-49450 level. 49450 level act as a upside resistance for banknifty. If index gives breakout of this resistance then expected strong upside rally of 400-500+ points possible. Similarly, If banknifty starts trading below 48950 level then downside fall expected upto the 48550 level.
[INTRADAY] #BANKNIFTY PE & CE Levels(16/01/2025)Today will be gap up opening in banknifty. Expected opening near 49000 level. After opening possible reversal from this level to continue bearish trend. If reversal confirmation at this level can gives 400-500 points downside rally in banknifty. This rally can be extend for another 400-500 points if its starts trading below 48450 level. Any upside rally only expected if banknifty sustain and starts trading above 49050 level.
[INTRADAY] #BANKNIFTY PE & CE Levels(15/01/2025)Today will be flat or slightly gap up opening expected in banknifty. After opening banknifty face upside resistance at 48950 level. If banknifty starts trading above 49050 level then possible strong upside rally in index. Below 48450 level further bearish movement expected in banknifty. Downside movement expected upto 48050 and 47550 level in case banknifty not sustain above the 48550 and starts trading below 48450.
[INTRADAY] #BANKNIFTY PE & CE Levels(14/01/2025)Today will be gap up opening expected in banknifty. After opening if any upside rally happened then it will face strong resistance at 48450 level. Expected reversal from this level for the further downside movement. If banknifty starts trading below 47950 level then possible quick downside movement of 400-500+ points in today's session.
BANKNIFTY : Trading levels and Plan for 14-Jan-2025Trading Plan for 14-Jan-2025
This plan is designed to provide actionable strategies for different opening scenarios. Follow the guidelines carefully and use risk management techniques for better results.
Scenario 1: Gap-Up Opening (200+ Points Above 48,137)
🟢 A gap-up opening indicates bullish sentiment. However, be cautious near resistance levels.
Key Levels: Monitor 48,474 (Immediate resistance for retracement) and 48,863 (Major resistance). Plan of Action:
If Bank Nifty opens near 48,474 and faces rejection, look for a bearish candle confirmation to initiate a short trade . Target 48,137 or the gap-fill level.
If it sustains above 48,474 for at least 15 minutes, consider a long trade with a target of 48,863 . Use hourly candle close as a stop-loss trigger.
Risk Management Tip: For options, prefer selling far OTM calls near resistance to capitalize on time decay if resistance holds.
Scenario 2: Flat Opening (Near 48,047)
🟡 Flat openings often indicate indecision. Wait for price action confirmation.
Key Levels: Monitor 48,137 - 47,997 (No-Trade Zone).
Plan of Action:
Avoid trading in the No-Trade Zone unless a clear breakout or breakdown occurs.
Above 48,137: Go long with a target of 48,474. Stop loss: Below 48,047.
Below 47,997: Go short with a target of 47,796 . Stop loss: Above 48,137.
Risk Management Tip: Avoid overtrading. Let the market establish direction before entering trades.
Scenario 3: Gap-Down Opening (200+ Points Below 47,997)
🔴 A gap-down opening signals bearish sentiment. Be vigilant near support levels.
Key Levels: Monitor 47,796 (Immediate support) and 47,494 (Key opening support).
Plan of Action:
If Bank Nifty opens near 47,796 and forms a bullish reversal candle, go long with a target of 48,137 . Stop loss: Below 47,494 .
If it sustains below 47,796, initiate a short trade with a target of 47,494 . Stop loss: Above 47,796 .
Risk Management Tip: Use spreads (e.g., bear put spread) for limited risk and predefined loss.
Tips for Risk Management in Options Trading:
✔️ Avoid holding overnight positions in high volatility scenarios.
✔️ Use proper position sizing: Risk no more than 2-3% of your capital on a single trade.
✔️ Place stop losses based on hourly candle closes for better control.
✔️ Diversify trades instead of concentrating on one strike price.
Summary and Conclusion:
The market is likely to remain volatile. Stick to the plan for each opening scenario and avoid overtrading in the No-Trade Zone . Remember, patience and discipline are the keys to profitable trading.
Disclaimer:
I am not a SEBI-registered analyst. This analysis is for educational purposes only. Please consult a financial advisor or do your research before trading.
BANKNIFTYNSE:BANKNIFTY
CURRENTLY DOESNT LOOK GOOD TO INVEST,
LONG TERM TRENDLINE BROKEN.
ONE SHOULD WAIT FOR FURTHER SUPPORT ON WEEKLY BASIS.
LOOKS TOUGH SHORT TERM AND MID TERM !!!!!!!
Note :
1. One should go long with a Stop Loss, below the Trendline or the Previous Swing Low.
2. Risk :Reward ratio should be minimum 1:2.
3. Plan your trade as per the Money Mangement and Risk Appetite.
Disclamier : You are responsible for your profits and loss.
The idea shared here is purely for Educational purpose.
Follow back, for more ideas and their notifications on your email.
Support and Like incase the idea works for you.
[INTRADAY] #BANKNIFTY PE & CE Levels(13/01/2025)Today will be gap down opening expected in banknifty. Expected opening near 48550 level. After opening if banknifty starts trading below 48450 then expected strong downside rally upto 48050 in today's session. Upside 48950 level act as a strong resistance for today's session. Any bullish rally only expected if banknifty starts trading and sustain above 49050 level.
BANKNIFTY : Trading levels and Plan for 13-Jan-2025Bank Nifty Trading Plan for 13-Jan-2025
Key Levels to Watch:
🔹 Last Intraday Resistance: 49,596 – 49,666
🔹 Opening Resistance Zone: 49,164 – 49,270
🔹 Opening Support/Resistance: 48,802
🔹 Support Zone on Day Chart: 48,484
🔹 Major Support Level: 47,788
Gap-Up Opening (+200 Points Above)
If Bank Nifty opens above 49,270:
📈 Plan for Long Trades:
Look for bullish momentum towards the Last Intraday Resistance Zone (49,596 – 49,666).
A breakout above 49,666 with strong volume can push prices toward 49,800 or higher.
Enter long trades only after confirmation with a strong bullish candle.
Stop Loss: Below 49,270 for a favorable risk-reward ratio.
📉 Rejection Scenario:
If the price fails to hold above 49,666, book profits on long trades and wait for a pullback near the Opening Resistance Zone (49,164 – 49,270) for re-entry.
💡 Tip: Hedge gap-up trades with put options to manage volatility.
Flat Opening (±50 Points Around 48,779)
If Bank Nifty opens near 48,779:
⚠️ Wait for Directional Clarity:
Avoid entering trades immediately. Let the price action define the trend between 48,484 (Support) and 49,270 (Resistance).
🟢 Bullish Breakout Plan:
A breakout above 49,270 may lead to a rally toward 49,596 – 49,666.
Go long only after a retest of the breakout level with a stop loss below 48,802.
🔴 Bearish Breakdown Plan:
If the price breaks below 48,484, it could slide toward 47,788.
Consider shorting only if strong selling pressure is observed. Keep a stop loss above 48,802.
💡 Tip: Avoid overtrading in flat openings. Wait for the first 30 minutes to confirm the trend.
Gap-Down Opening (-200 Points Below)
If Bank Nifty opens below 48,484:
🔻 Reversal Plan:
Look for buying opportunities near 47,788 (Major Support).
If a bullish reversal is confirmed, go long with a target toward 49,164 – 49,270.
🚨 Breakdown Scenario:
If the price breaks below 47,788, expect further downside.
Avoid catching a falling knife—wait for consolidation before considering long trades.
💡 Tip: Use ATM or ITM options to benefit from intraday volatility in a gap-down scenario.
Summary:
For a Gap-Up Opening , focus on a breakout above 49,666 but be cautious around key resistance levels.
For a Flat Opening , wait for a decisive breakout or breakdown from the range 48,484 – 49,270.
For a Gap-Down Opening , 47,788 will act as a critical support zone. Look for reversal opportunities or breakdown trades.
💡 Risk Management Tip: Avoid over-leveraging, and consider straddle/strangle strategies to capture volatile moves.
Disclaimer:
I am not a SEBI-registered analyst. This trading plan is for educational purposes only. Please consult a certified financial advisor before making trading decisions. Trade wisely! 💼
Head and Shoulder Pattern Breakout in BANKNIFTYHead & Shoulder (H&S) pattern in the Bank Nifty Index on a daily timeframe. The H&S pattern is a reversal chart pattern indicating a potential bearish trend after an uptrend. Here's the detailed explanation:
1. Key Components of the Pattern:
Left Shoulder: The first peak, formed after an uptrend, followed by a decline to the neckline (support).
Head: The highest peak, formed after the left shoulder, followed by a decline back to the neckline.
Right Shoulder: A peak lower than the head, formed after the neckline is tested again, signaling weakening upward momentum.
2. Neckline:
The neckline acts as a support level that connects the lows between the left shoulder, head, and right shoulder.
In this chart, the neckline is marked as a critical support level.
3. Entry and Targets:
Entry Point: A short position is triggered once the price breaks below the neckline with strong bearish confirmation.
Projected Targets:
Target 1: 48,050
Target 2: 46,550
Final Target: 45,000
These targets are derived by projecting the height of the head from the neckline downward.
4. Stop Loss:
The Stop Loss is placed above the recent high near 51,050, to minimize risk if the price reverses upward.
Conclusion:
The Bank Nifty chart demonstrates a classic Head & Shoulder pattern, indicating potential downside targets with well-defined entry, stop loss, and profit-taking levels. This pattern suggests caution for bullish traders and an opportunity for bearish traders if confirmed.
[INTRADAY] #BANKNIFTY PE & CE Levels(10/01/2025)Flat opening expected in banknifty. After opening if banknifty sustain above 49550 level then expected upside movement upto 49950 level. Major downside fall expected below the 49450 level. This downside can goes upto the 49050 level in today's session if banknifty starts trading below this level.
BANKNIFTY : Trading Levels and Plan for 10-Jan-2025Bank Nifty Trading Plan for 10-Jan-2025
Scenarios for 10-Jan-2025:
Gap Up Opening (200+ Points Above 49,706):
If Bank Nifty opens above the 49,706 level:
Wait for Retest: Look for a retest of 49,706. If the retest holds, initiate a long position targeting the retracement resistance at 50,068-50,158. Use a stop loss below 49,600 to minimize risk.
Failure at Retest: If the price fails to sustain above 49,706, expect a pullback to 49,552. Avoid aggressive buying unless the level is reclaimed with strong bullish candles.
Tips for Options Traders: Use call options near support levels but avoid chasing the gap-up blindly. Focus on delta-neutral strategies if the index remains volatile around 50,068-50,158.
Flat Opening (Near 49,552):
If Bank Nifty opens near 49,552:
Observe Early Price Action: Let the price action stabilize in the first 30 minutes. If 49,552 holds as support, consider going long with targets at 49,706 and further at 50,068-50,158.
Break Below 49,552: A breach of 49,552 may lead to a drop towards the support zone at 49,221-49,330. In this case, look for reversal patterns before entering long positions.
Risk Management Tip: Avoid using stop losses based on emotions. Stick to an hourly candle close as your confirmation trigger.
Gap Down Opening (200+ Points Below 49,221):
If Bank Nifty opens below 49,221:
Support Zone Strategy: Watch for buying interest near 48,916-49,021, which is a must-try support zone. If the price forms bullish reversal candles, initiate long positions targeting 49,330-49,552.
Break Below 48,916: A breach below this zone could trigger bearish momentum, targeting 48,700 and below. Trade cautiously and avoid counter-trend trades unless strong recovery signals emerge.
Options Trading Tip: Use protective puts to hedge long positions. Consider selling OTM call options to benefit from bearish trends.
Summary and Conclusion:
Bank Nifty remains in a crucial zone where key levels such as 49,552 and 49,706 will dictate intraday trends. The 49,221-49,330 range is pivotal for maintaining bullish bias, while a break below 48,916 can intensify selling pressure. Traders should prioritize risk management, use defined stop losses, and avoid over-leveraging in volatile conditions.
Disclaimer:
I am not a SEBI-registered analyst. This plan is for educational purposes only. Please consult your financial advisor before taking any trades. Trade responsibly.
[INTRADAY] #BANKNIFTY PE & CE Levels(09/01/2025)Today will be Slightly gap down opening expected expected in banknifty. After opening expected downside movement upto 49550 level. If banknifty starts trading below the 49450 level then expected strong downside rally of 400-500+ points. Any bullish rally only expected if banknifty sustain above the 50050 level.
BANKNIFTY : Trading levels and Plan for 09-Jan-2025
Today's updated chart focuses on the reaction to critical zones, emphasizing disciplined trade setups.
Trading Scenarios for 9-Jan-2025
Gap-Up Opening (Above 50,219)
If Bank Nifty opens above 50,219 , observe the price action at the Swing Resistance Zone (50,735) . If price faces rejection here, a bearish move toward 50,219 or 50,038 could follow. A breakout above 50,735 will signal strong bullish momentum with targets near 50,850-50,900 .
Action Plan: Look for short opportunities near 50,735 with a stop-loss of 50,800 . For bullish trades, wait for sustained closes above 50,735 before entering.
Risk Management: Avoid aggressive positions in the opening 15 minutes to prevent impulsive trades. Use small position sizes for trades in the resistance zone.
Flat Opening (Between 49,794-50,038)
A flat opening between 49,794 (support) and 50,038 (resistance) demands patience. Price action will determine the next move. A break above 50,038 may lead to a test of 50,219 . Conversely, rejection at 50,038 could pull the index back toward 49,509 .
Action Plan: For longs, wait for a sustained move above 50,038 , targeting 50,219 . For shorts, watch for rejection at 50,038 , aiming for 49,509 .
Risk Management: Keep a strict stop-loss of 50 points from entry. Avoid overtrading in a narrow range to preserve capital.
Gap-Down Opening (Below 49,509)
In case of a gap-down below 49,509 , the Last Intraday Support Zone (49,132) will be critical. Any sustained move below this level can lead to further weakness toward 48,992 . If support holds, expect recovery toward 49,509 and 49,794 .
Action Plan: For aggressive longs, watch for a bullish reversal at 49,132 with a tight stop-loss below 49,100 . Avoid fresh longs below 48,992 to minimize risk.
Risk Management: Use spreads or deep OTM options for high-risk gap-down scenarios to control losses.
Tips for Options Trading
Avoid holding options overnight unless hedged.
Use straddles/strangles near critical support or resistance levels for volatile moves.
Monitor delta and gamma risks, particularly near expiry.
Summary and Conclusion
Key levels to watch: 50,038 as opening resistance and 49,794 as opening support.
Trend zones: Yellow for sideways, Green for bullish, and Red for bearish.
Patience and disciplined execution will be crucial, particularly during the first 30 minutes
.
Disclaimer : This analysis is for educational purposes only. I am not a SEBI-registered analyst. Please consult your financial advisor before trading.
BankNifty Short: Stunning 1230 Points Profit!BankNifty presented a textbook short trade opportunity on the 15-minute timeframe. A decisive bearish trend emerged after breaking below key levels, with the Risological Swing Trading Indicator confirming the entry. The trade resulted in a massive 1230-point profit as all targets were achieved.
Key Levels
Entry: 51105.60 – Short trade initiated after a clear bearish signal.
Stop-Loss (SL): 51243.65 – Strategically placed to protect against unexpected reversals.
Take Profit 1 (TP1): 50934.90 ✅
Take Profit 2 (TP2): 50658.75 ✅
Take Profit 3 (TP3): 50382.60 ✅
Take Profit 4 (TP4): 50211.95 ✅
BankNifty Trend Analysis
The price action demonstrated consistent respect for the Risological Dotted trendline, confirming a strong downward momentum. After the short entry at 51105.60, the price plummeted swiftly, breaking through all support levels. The consistent selling pressure ensured that all profit targets were hit with high precision.
Conclusion
This trade on BankNifty is a prime example of the power of the Risological Swing Trading Indicator in capturing significant moves. A well-defined risk-to-reward setup and adherence to the trendline ensured maximum profitability with minimal risk.
[INTRADAY] #BANKNIFTY PE & CE Levels(08/01/2025)Flat opening expected in index. Banknifty trading in the consolidation zone of 50050-50450 level. Downside 50000 zone level is indicating strong support for banknifty. In case banknifty starts trading below this support level then expected strong downside movement in market of 400-500+ points. Any major bullish rally only expected above 50550 level.