Bankniftytradesetup
[INTRADAY] #BANKNIFTY PE & CE Levels(10/10/2024)Today will be slightly gap up opening expected in banknifty. For today's session 51050-51450 level will act as a consolidation zone. If banknifty give any side of break today leads 400-500+ points strong rally towards the breakout direction. Strong downside expected below 50950 level.
BANK NIFTY INTRADAY LEVELS FOR 10/10/2024BUY ABOVE - 51340
SL - 51160
TARGETS - 51600,51820,51990
SELL BELOW - 50920
SL - 51160
TARGETS - 50600,50300,49930
NO TRADE ZONE - 50920 to 51340
Previous Day High - 51600
Previous Day Low - 50920
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 👍
BANK NIFTY INTRADAY LEVELS FOR 09/10/2024BUY ABOVE - 51340
SL - 50920
TARGETS - 51650,51820,51990
SELL BELOW - 50920
SL - 51160
TARGETS - 50600,50300,49930
NO TRADE ZONE - 50920 to 51340
Previous Day High - 51340
Previous Day Low - 50300
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 👍
BANK NIFTY INTRADAY LEVELS FOR 08/10/2024BUY ABOVE - 51000
SL - 50600
TARGETS - 51340,51650,51820
SELL BELOW - 50300
SL - 50600
TARGETS - 49930,49700,49530
NO TRADE ZONE - 50300 to 51000
Previous Day High - 51820
Previous Day Low - 50300
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 👍
[INTRADAY] #BANKNIFTY PE & CE Levels(08/10/2024)Today will be slightly gap up opening expected in banknifty. Expected opening near 50950 level. After opening it will face immediate resistance at 50950 level and there will be downside movement possible from this level. This downside can further extend for 400-500 points in case banknifty starts trading below 50450 level in today's session. Any upside movement only expected if banknifty starts trading and sustain above 51050 level.
[INTRADAY] #BANKNIFTY PE & CE Levels(07/10/2024)Today will be gap up opening expected in banknifty. Possible it will opening near 51950 level after opening it can face resistance at this level and expected reversal downside upto 51550 level. This downside can extend for further 400-500 points upto 51050 level in case banknifty starts trading below 51450 level. Any upside rally only expected if banknifty starts trading and sustain above 52050 level.
BANK NIFTY INTRADAY LEVELS FOR 07/10/2024BUY ABOVE - 51990
SL - 51820
TARGETS - 52120,52260,52400
SELL BELOW - 51670
SL - 51820
TARGETS - 51530,51400,51230
NO TRADE ZONE - 51400 to 51670
Previous Day High - 52600
Previous Day Low - 51400
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 👍
BANK NIFTY INTRADAY LEVELS FOR 04/10/2024BUY ABOVE - 51990
SL - 51820
TARGETS - 52120,52260,52400
SELL BELOW - 51670
SL - 51820
TARGETS - 51530,51400,51230
NO TRADE ZONE - 51670 to 51990
Previous Day High - 52600
Previous Day Low - 51670
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 👍
BankNifty 2200+ Points Profit AchievedBankNifty 2200+ Points Profit Achieved
Quick update about this short trade I took on 27th September, 2024
Almost 2200+ points done already.
The last two trades have been the most profitable trades I ve ever had in BankNifty.
A total profit of around 4900+ points !!
MASSSIVE!!!!
BANK NIFTY INTRADAY LEVELS FOR 03/10/2024BUY ABOVE - 53140
SL - 52970
TARGETS - 53290,53200,53700
SELL BELOW - 52800
SL - 52970
TARGETS - 52620,52400,52260
NO TRADE ZONE - 52800 to 53140
Previous Day High - 53180
Previous Day Low - 52800
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 👍
[INTRADAY] #BANKNIFTY PE & CE Levels(03/10/2024)Today will be flat or slightly gap down opening expected in banknifty. After opening if banknifty starts trading below 52950 level then possible 400-500 points downside upto 52550 level. Any upside only expected if banknifty starts trading and sustain above 53050 level.
[INTRADAY] #BANKNIFTY PE & CE Levels(01/10/2024)Today will be gap up opening expected in banknifty. Expected opening near 53500 level. After opening possible reversal from this level. If banknifty gives breakdown of 52950 then possible strong downside of 400-500+ points in banknifty. Downside 52550 will act as a support for today's session.
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.
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 👍
[INTRADAY] #BANKNIFTY PE & CE Levels(30/09/2024)Today will be slightly gap up opening expected in banknifty. Possible banknifty will open near 54000 level. After opening if banknifty start trading and sustain above 54050 level then possible upside rally upto 54450+ level in today's session and this rally can extend for further 400-500+ points in case banknifty give breakout of 54550 level. Downside possible only below 53950 level it can be upto 53550 level.
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!