Banknifty analysis for 18/01/2022On daily chart banknifty is range bound from 38000 to 38800.
Trade this breakout buy above 38800
Target 39200
Sell below 38000
Target 37500, 37000.
For conformation let banknifty close out of this range.
Bankniftyintraday
Banknifty setup for expiry 13/01/2022On 12th January Banknifty open gap up and and traded within a range.
39000 is a strong resistance that need to breakout and banknifty have to sustain above the level for further up move.
Expiry setup
Buy above 38850
Target 38970
Sell side there is no proper price action but one can sell below 38600 for the target of 38400.
Below 38400 banknifty can correct more.
As you can see bullish flag pattern in the chart you can play buy move above 38850.
BANKNIFTY INTRADAY 110120221. Recovery is inevitable
2. Sudden recovery is not healthy , it will fall back to 37500 levels
3. since last 4 weeks it shot up 4000 points , replacement is pending
4. FED data is pending from US will have impact on the Bank Nifty ..
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are we still in range..?as we can see ourselves in the range. will be waiting for some chart patterns before taking any actions.
BANKNIFTY INTRADAY 070120221. Observe the levels as per the chart ,
2. Banknifty lot of selling by the FIIS , BNF will fall back to the major support level
3. Action line drawn in Yellow shade
4. No trending move unless Sellig is done by FII in Private banks , as discussed earlier the Banks are trading at the upper zone .
5. BNF will fall at lower levels ad rise .
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BANKNIFTY INTRADAY 060120221. Considering the previous rejections on Daily TF , Its expected to reerse till he Target and Will bounce back
2. Buy in every dip
3. Pvt Bank is supporting the movement , ICICC Bank and KOtak Bank are in good bull run now
4. PSU bank lacking the Momentum
Keep the Strict Stop loss and trade as per the targets
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BANKNIFTY Intraday Analysis 31122021 HAPPY NEW YEAR1. Strong Resistance at 35400 and suport at 34900
2. Lot of POut and call writings done at these levels
3. If Gap down opens will follow Targets as shown adn Banking sector us is wekk will follow Target 2 and 3 in coming days
4. There is Hughe Demand at Green Boxes will not take BNF down from those levels Unless some Omicron Cases start rising in India
5. India Records 13000 Cases today and is 10% more than previous day , 16 Lakh cases all over the world , 4 lkh in USA highest at the peak , avg 7 dasy cases is around 8 lakh which is higher than last 10 days , Hospital rates % is reducing considering more mutation which are less severe
6. Lockdown May start sector which may be rising and leading In ESG is IT and Pharma is moving from Laggered to Improving , will analyse both in next few days , You can refer previous analysis in link provided
7. India may realise more cases in coming January first half
8. For intradayBank nifty consider the levels and Trade accordingly .
BANKNIFTY INTRADAY 28.12.20211. Lot of Put writer at 35000 , 34500 and 34000 . as compared to call writers , CE writer at 36000 and 35400 , whic will be difficult to break .
2. It will be range bound in this Expiry month 34500 to 35500 .
3. Observe the targets and the Levels indicated , for support and resistances .
4. Trade in Lower time frame like 3 Mnts and look for Confirmation candles
5. View should be based on 5 Mnts/15 Mts time frame
6. It will Gap up around 100 points
7. Trade as per levels shared with strict stoploss .
8. Like if you agree with the levels
BANKNIFTY INTRADAY 22-12-20211. PLEASE NOTE THE LEVELS AND THE TARGETS
2. if the BNF opens above the Target 1 it will touch target 3
3. If it opens weak it will fall and touch the trendline and bounce back from supply zone
4. PSU and Private Index improving leaving aside HDFC , if HDFC rises it will contribute well to Banknifty
5. ATR Indicated BUy signal at current levels .
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Banknifty Intraday 16.12.20211. Trading in the Channel , May breakdown due to Fed tomorrow
2. Will bounce from Demand Zone as indicated
3. Observe the Levels and Trade Accordingly
4, Enjoy and Like if you agree with the levels so far and share with Your friends .
BANKNIFTY INTRADAY 7.12.2021BANKNIFTY INTRADAY7.12.2021
1. BankNIFTY is out of channel and moving down as breaking down all target on downside
2. There is Massive Put writing at 36000/35500 , and will act as a support
3. As per RRG Graph PSU index is better than Private , Possibility of gap Up ,
4. If the Gap up is near buy zone it will reversel back to target 1/2/3/4/5
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Bank Nifty analysis 11/25 37800 Level will be acting as a strong resistance and 36900 will be as strong support for next two to three trading session. The range of 700-800 points is very risky to trade in options as ahead of expiry.
Global cues are mixed and SGX Nifty indicating flat opening, so can expect Bank nifty to move within range levels.
ALl banks are in selling zones so 36900 level will be tested and breaking of that level will lead to heavy selling.
esistance R2-38500
Resitance R1 -38100
Range -36900~37700
Support S1 - 36900
Support S2 -36200
Nifty Bank Futures Key Trading Levels for 18th Nov 2021Nifty Bank Futures Key Trading Levels for 18th Nov 2021
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
Leave a comment that is helpful or encouraging. Let's master the markets together.
Banknifty intraday levelsImportant Levels for banknifty intraday,
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Banknifty intraday levelsImportant Levels for banknifty intraday,
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Banknifty 3rd November setupFor BankNifty 2nd november proved to be a range-bound day we bought CE at supports and PE at resistance.
As we thought BankNifty gave a good move of near 200+ points after crossing 39850 which gave us more than 70+ points move in CE.
Views for tomorrow, mostly Range-bound but good moves can be expected after breaking the Range.
For 3rd November :
Buy Above - 40100
Sell Below - 39780
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NiftyBank Futures Key Trading levels for 3rd Nov 21 Nifty Bank Futures Key Trading levels for 3rd Nov 2021
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
Leave a comment that is helpful or encouraging. Let's master the markets together.
Banknifty intraday levelsImportant Levels for nifty intraday, CORRECTION
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NiftyBank Futures Key Trading Level for 1st Nov 2021Nifty Bank Futures Key Trading Level for 1st Nov 2021
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
Leave a comment that is helpful or encouraging. Let's master the markets together.
Banknifty intraday levelsImportant Levels for nifty intraday, CORRECTION
PLEASE LIKE,SHARE AND FOLLOW.............................................
Nifty Bank Futures trading levels for 20th Oct 2021Nifty Bank Futures trading levels for 20th Oct 2021
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
Leave a comment that is helpful or encouraging. Let's master the markets together.
Banknifty intraday levelsImportant Levels for banknifty intraday,
PLEASE LIKE,SHARE AND FOLLOW.......................................................
Banknifty intraday levelsImportant Levels for banknifty intraday,
PLEASE LIKE,SHARE AND FOLLOW......................................................
