Get started

Bankniftytrading

03/11/2022 BANKNIFTY SUPPORT AND RESISTANCE ZONEHello Guys, Good Morning Everyone, As per data Banknifty today will open with a gap up now we have again two option for trade. *Now banknifty making lower high formation if banknifty taking resistance below 41200 then open target 41800 - 41600 *If Banknifty after a gap down opening break the lower higher formation and sustain above 41200 then need to to break last day high for a up trend. if banknifty not break last day high then may be banknifty today playing in a range *Major level 41200 level
NSE:BANKNIFTYShort
by mr_bull10
1
01/11/2022 BANKNIFTY SUPPORT AND RESISTANCE ZONEHello Guys, Good Morning Everyone, Today also Banknifty will open with a gap up so may be today after a gap up banknifty showing reversal trend. Then we have two option . *After a gap up if banknifty break last three day high (41560) level and sustain above then focus on long side. * After gap up respect last resistance level (41560) and marking resistance then focus for reversal trend if break 41200 low then open target level 40800
NSE:BANKNIFTYShort
by mr_bull10
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
by manishmgupta
3