BANK NIFTY INTRADAY LEVELS FOR 16/08/2024BUY ABOVE - 49880
SL - 49700
TARGETS - 50100,50250,50420
SELL BELOW - 49700
SL - 49880
TARGETS - 49530,49290,49050
NO TRADE ZONE - 49700 to 49880
Previous Day High - 49880
Previous Day Low - 49700
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
Bank Nifty Prediction for 24 August ExpiryIn this Week lot of volatility may be seen , This week will be the one directional flow. First BNF may down for 49500 for removing weakhearted treader and will take support there abnd form a double bottom patter and fly in on direction.
If taken rejection then at floor
and if taken support then at the sky
ViewHello, Traders. It's been a while since my last post. A lot has changed in my life: I received a promotion, got married, and traveled extensively across India, as well as to one international destination. While I kept an eye on the markets, I wasn't actively trading for the past year and a half. However, I'm back in action now, having resumed active trading over the last four months. I plan to share my insights whenever I anticipate market movements. Here’s my perspective for tomorrow.
The markets have undergone significant changes in recent years, so it's essential to be cautious with your position sizes. The volatility is high, and algorithmic trading is prevalent, leading to unexpected spikes almost daily. In the past six trading sessions, the markets have been stagnant, often trapping traders with false breakouts in both directions. I believe we are due for a significant move of at least 500 to 600 points in one direction. You can consider going long if a 30-minute candle closes above 50792.90, with the first target set at 51133 and the second at the yellow trendline. Make sure to hold on for at least 350 points on the index before booking profits. You can opt for futures or purchase the 14 Aug 50700 CE, though I recommend futures since expiration is just a day away. It’s also advisable to short the 50700 PE and 50800 PE, keeping a stop-loss at 50% of the premium paid on the call side. If the premium on the 50700 CE reaches 50%, set a stop-loss on the futures. Given the market's volatility, it's best to tread carefully on the downside.
Review and plan for 14th August 2024Nifty future and banknifty future analysis and intraday plan in kannada.
Stocks to watch.
This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post.
please consult your financial advisor before taking any action.
----Vinaykumar hiremath, CMT
Review and plan for 14th August 2024Nifty future and banknifty future analysis and intraday plan in kannada.
Stocks to watch.
This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post.
please consult your financial advisor before taking any action.
----Vinaykumar hiremath, CMT
BANK NIFTY INTRADAY LEVELS FOR 14/08/2024BUY ABOVE - 49880
SL - 49700
TARGETS - 50100,50250,50420
SELL BELOW - 49700
SL - 49880
TARGETS - 49530,49290,49050
NO TRADE ZONE - 49700 to 49880
Previous Day High - 50600
Previous Day Low - 49700
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(13/08/2024)Today will be flat opening in banknifty. After opening if banknifty sustain above 50550 level then expected upside rally upto 50950 level. It will face strong resistance at 51000 level. Downside 400-500 points rally possible if banknifty starts trading below 50450 level. Downside 50000 level will act as a support for today's session.
Review and plan for 13th August 2024Nifty future and banknifty future analysis and intraday plan in kannada.
Stocks to watch.
This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post.
please consult your financial advisor before taking any action.
----Vinaykumar hiremath, CMT
BANK NIFTY INTRADAY LEVELS FOR 13 AUG 2024BUY ABOVE - 50710
SL - 50600
TARGETS - 50940,51120,51330
SELL BELOW - 50420
SL - 50600
TARGETS - 50250,50100,49880
NO TRADE ZONE - 50420 to 50710
Previous Day High - 50830
Previous Day Low - 50100
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 👍
FEDRAL BANK MY VIEW The Structure looks good to us, waiting for this instrument to correct and then give us these opportunities as shown on this instrument (Price Chart).
Note: Its my view only and its for educational purpose only. Only who has got knowledge about this strategy, will understand what to be done on this setup. its purely based on my technical analysis only (strategies). we don't focus on the short term moves, we look for only for Bullish or Bearish Impulsive moves on the setups after a good price action is formed as per the strategy. we never get into corrective moves. because it will test our patience and also it will be a bullish or a bearish trap. and try trade the big moves.
we do not get into bullish or bearish traps. We anticipate and get into only big bullish or bearish moves (Impulsive Moves). Just ride the Bullish or Bearish Impulsive Move. Learn & Know the Complete Market Cycle.
Buy Low and Sell High Concept. Buy at Cheaper Price and Sell at Expensive Price.
Please keep your comments useful & respectful.
Keep it simple, keep it Unique.
Thanks for your support
Tradelikemee Academy
Saanjayy KG
BANK NIFTY INTRADAY LEVELS FOR 12/08/2024BUY ABOVE - 50710
SL - 50600
TARGETS - 50940,51120,51330
SELL BELOW - 50420
SL - 50600
TARGETS - 50250,50100,49880
NO TRADE ZONE - 50420 to 50710
Previous Day High - 50710
Previous Day Low - 50420
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 👍
Review and plan for 12th August 2024Nifty future and banknifty future analysis and intraday plan in kannada.
stocks to watch- included.
This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post.
please consult your financial advisor before taking any action.
----Vinaykumar hiremath, CMT
BANK NIFTY INTRADAY LEVELS FOR 09/08/2024BUY ABOVE - 50250
SL - 50100
TARGETS - 50420,50570,50740
SELL BELOW - 50100
SL - 50750
TARGETS - 49880,49700,49530
NO TRADE ZONE - 50100 to 50250
Previous Day High - 50420
Previous Day Low - 49880
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 👍
Review and plan for 9th August 2024Nifty future and banknifty future analysis and intraday plan in kannada.
stocks to watch...
This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post.
please consult your financial advisor before taking any action.
----Vinaykumar hiremath, CMT
Review and plan for 9th August 2024Nifty future and banknifty future analysis and intraday plan in kannada.
stocks to watch...
This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post.
please consult your financial advisor before taking any action.
----Vinaykumar hiremath, CMT
[INTRADAY] #BANKNIFTY PE & CE Levels(08/08/2024)Today will be gap down opening in banknifty. Expected opening near 50000 level. After opening possible downside movement in index. If banknifty starts trading below 49950 level then possible downside rally upto 49550 level. Any strong upside rally only expected above 50500 level.
Review and plan for 8th August 2024Nifty future and banknifty future analysis and intraday plan in kannada.
stocks to watch included.
This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post.
please consult your financial advisor before taking any action.
----Vinaykumar hiremath, CMT
Review and plan for 7th August 2024 Nifty future and banknifty future analysis and intraday plan in kannada.
stocks to watch.
This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post.
please consult your financial advisor before taking any action.
----Vinaykumar hiremath, CMT
BANK NIFTY INTRADAY LEVELS FOR 07/08/2024BUY ABOVE - 49890
SL - 49700
TARGETS - 50100,50230,50400
SELL BELOW - 49700
SL - 49890
TARGETS - 49490,49290,49050
NO TRADE ZONE - 49700 to 49890
Previous Day High - 50780
Previous Day Low - 49700
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 👍
TRENDSTAR INDICATOR (Best on 5Min chart)Hi Everyone!
I have created a new TradingView indicator for DAY TRADERS!
The most important indication of trend in day trading is price action, all other indicators are lagging indicators! (BHAAV BHAGWAN CHE)
However, price action and candlestick patterns can become misleading if seen on a blank chart.
A day trader needs to identify levels where price action actually matters!
INTRODUCING TRENDSTAR INDICATOR -
A powerful tool for day traders to enhance their trading strategies and make more informed decisions at the right time during the day:
- Works on Index and Large Caps. (only NSE)
- Auto plots key levels daily at open.
- Refined Buy/Sell signals.
- The ZONE is used to identify trend and plots dynamic S/R area.
(When the zone is blue - trend is bullish and bearish when its orange)
ZONE can also act as a S/R area and can be used for short term (1-2 days) trades.
- Works best in 5M time frame for that spot on DAY TRADE everyone is looking for BUT you have to be patient for the levels to be breached.
- 1M/3M scalping works as well.
- Can set alerts for breach of any of the levels.
UNDERSTANDING THE LEVELS:
Blue dotted line - Pivot for the day
Green line - S/R level on the higher side (breakout can trigger fresh buys)
Red line - S/R level on the lower side (breakdown can trigger fresh shorts)
Purple line - the joker level of the day (on certain days it acts as an iron clad S/R level)
Black dotted lines - Extreme S/R zones for the day.
I am currently sharing this indicator on invite-only basis.
DM me on twitter @techtrademusic for access.
Best wishes,
FIVSTA.
Review and plan for 6th August 2024Nifty future and banknifty future analysis and intraday plan in kannada.
This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post.
please consult your financial advisor before taking any action.
----Vinaykumar hiremath, CMT
BANK NIFTY INTRADAY LEVELS FOR 06 AUG 2024BUY ABOVE - 50100
SL - 49890
TARGETS - 50250,50400,50550
SELL BELOW - 49890
SL - 50100
TARGETS - 49700,49530,49290
NO TRADE ZONE - 49890 to 50100
Previous Day High - 50780
Previous Day Low - 49700
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 👍