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Bankniftytradesetup

So the correction is being done. What's next for Nifty?Good morning everyone! 1st October 2024, Tuesday The long-awaited correction has arrived, but the "buy on the dip" isn't clearly visible yet. So, what should one do? Here's an analogy: whether it's traffic or trading, you shouldn't be the first person to cross when the light turns green. Let one or two others go first, then proceed. Similarly, wait for confirmation in trading. Allow one or two strong green candles to form before going long on the index. Remember to: - Set your Stop Loss (SL) in the system. - Do NOT chase any breakouts today. - Do not initiate short positions either. Wait for the first hour's candle to decide whether to go long or short based on that candle. NSE:NIFTY minor support is now at 25794. If we close below this, even on a 1-hour candle, we might see a further slide to 25566. However, since the overall trend remains bullish, focus on the resistance at 25877. An hourly close above this could trigger sharp short covering up to 26150. NSE:BANKNIFTY has support placed at 52800-52777. It might face resistance at 53360. A break above this could lead to sharp short covering towards 53800. NSE:CNXFINANCE support is now at 24333, with minor resistance at 24584. Exceeding this could lead to short covering up to 24873. Sectors to watch today: - NSE:NIFTY_OIL_AND_GAS - NSE:CNXPHARMA - NSE:CNXMETAL That's all for today. Wishing you a profitable day ahead! 🔴 Disclaimer - Not a Buy/Sell Recommendation.
NSE:NIFTYLong
by Trendxinc
BANK NIFTY INTRADAY LEVELS FOR 30/09/2024BUY ABOVE - 54400 SL - 54150 TARGETS - 54600,54800,55000 SELL BELOW - 54150 SL - 54400 TARGETS - 53920,53700,53500 NO TRADE ZONE - 53700 to 53930 Previous Day High - 54400 Previous Day Low - 53700 Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day. Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move. Please NOTE: this levels are for intraday trading only. Disclaimer - All information on this page is for educational purposes only, we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made. Request your support and engagement by liking and commenting & follow to provide encouragement HAPPY TRADING 👍
NSE:BANKNIFTY
by Jagadheesh_JP
BANKNIFTY Short Setup after 2700+ Long Trade on RisologicalBANKNIFTY Short Setup after 2700+ Long Trade on Risological So, finally we see a reversal on Banknifty after a massive rally of 3000+ points out of which we were able to catch about 2750+ points. The chart looks bearish on 15m time frame and I took a small short, just a bit concerned about any potential sideway move. Have a look at the chart Ive shared to get the entry, stoploss and profit targets of this BankNifty short trade. Best regards! Namaste!
NSE:BANKNIFTYShort
by ProfitsNinja
BANK NIFTY INTRADAY LEVELS FOR 27/09/2024BUY ABOVE - 54400 SL - 54150 TARGETS - 54600,54800,55000 SELL BELOW - 54150 SL - 54400 TARGETS - 53920,53700,53500 NO TRADE ZONE - 54150 to 54400 Previous Day High - 54400 Previous Day Low - 53920 Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day. Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move. Please NOTE: this levels are for intraday trading only. Disclaimer - All information on this page is for educational purposes only, we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made. Request your support and engagement by liking and commenting & follow to provide encouragement HAPPY TRADING 👍
NSE:BANKNIFTY
by Jagadheesh_JP
BANK NIFTY INTRADAY LEVELS FOR 26/09/2024BUY ABOVE - 54170 SL - 53920 TARGETS - 54380,54600,54800 SELL BELOW - 53920 SL - 54170 TARGETS - 53700,53500,53290 NO TRADE ZONE - 53920 to 54170 Previous Day High - 54170 Previous Day Low - 53700 Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day. Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move. Please NOTE: this levels are for intraday trading only. Disclaimer - All information on this page is for educational purposes only, we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made. Request your support and engagement by liking and commenting & follow to provide encouragement HAPPY TRADING 👍
NSE:BANKNIFTY
by Jagadheesh_JP
2
BANK NIFTY INTRADAY LEVELS FOR 25/09/2024BUY ABOVE - 54170 SL - 53920 TARGETS - 54380,54600,54800 SELL BELOW - 53920 SL - 54170 TARGETS - 53700,53500,53290 NO TRADE ZONE - 53920 to 54170 Previous Day High - 54170 Previous Day Low - 53920 Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day. Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move. Please NOTE: this levels are for intraday trading only. Disclaimer - All information on this page is for educational purposes only, we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made. Request your support and engagement by liking and commenting & follow to provide encouragement HAPPY TRADING 👍
NSE:BANKNIFTY
by Jagadheesh_JP
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
BANK NIFTY INTRADAY LEVELS FOR 24/09/2024BUY ABOVE - 54170 SL - 53920 TARGETS - 54380,54600,54800 SELL BELOW - 53920 SL - 54170 TARGETS - 53700,53500,53290 NO TRADE ZONE - 53920 to 54170 Previous Day High - 54170 Previous Day Low - 53700 Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day. Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move. Please NOTE: this levels are for intraday trading only. Disclaimer - All information on this page is for educational purposes only, we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made. Request your support and engagement by liking and commenting & follow to provide encouragement HAPPY TRADING 👍
NSE:BANKNIFTY
by Jagadheesh_JP
6
BANK NIFTY INTRADAY LEVELS FOR 23/09/2023BUY ABOVE - 53900 SL - 53700 TARGETS - 54110,54300,54500 SELL BELOW - 53700 SL - 53900 TARGETS - 53500,53290,53020 NO TRADE ZONE - 53700 to 53900 Previous Day High - 54100 Previous Day Low - 53020 Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day. Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move. Please NOTE: this levels are for intraday trading only. Disclaimer - All information on this page is for educational purposes only, we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made. Request your support and engagement by liking and commenting & follow to provide encouragement HAPPY TRADING 👍
NSE:BANKNIFTY
by Jagadheesh_JP
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