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Bankniftyoptions

BANKNIFTY: Preparing for Big MOVE? 28th Feb : BANKNIFTY trading in triangle pattern on daily chart , currently reversing from support zone . It didn't break low of Doji candle since 2 days so its good support for me. 5th Mar: last time shared that low of Doji candle is good support and market respected levels and now Bank nifty is near Resistance. from here i am expecting one swing next week to prepare big move ahead. Lets follow Prices action Like, Share, Comment for regular updates. Disclaimer I am not sebi registered analyst My studies are Educational purpose only Please consult with your Financial advisor before trading or investing First Learn and then remove "L".
NSE:BANKNIFTYLong
by ChartsSpecialist
Bank nifty lowerTF trading strategyNSE:BANKNIFTY : what explained here is a very short term trading strategy at lower time frame without using any indicator. It is very low risk high reward trading strategy. Identify the trend in longer time frame, in this example its 1 hour and trend is bearish. Now switch to one minute time frame 1) - Identify equal highs, the area where price failed to move three or more times. Above the highs will be many buy stops of short sellers. Marked as 1 2) - Allow price to move above and grab all those buy stops. An up candle is followed by many negative candle. This confirms trend resumes to downwards after taking out those stops. Marked as 2 3) - Look for imbalance or FVG ( Fair value gaps) look at the inserted picture in the chart if you don't know what is FVG. Marked as 3 and insert 1. 4) - Place the stop above the FVG box. Marked as 4 5) - Take entry when price breaks below the FVG box. Marked as 5 6) - Profit booking at 15 Minutes TF FVG created on 23.02.23 12.30 pm. Marked as 6 and Insert 2 Will teach you on opposite side trade on another occasion. Do your home work with older chart data until then. Good Luck
NSE:BANKNIFTYShort
by Vasu_devan
Gaps trading This is new post. The post for gaps trading in banknifty. (i) Gaps up. When market open in Gaps up that condition the previous days high Is very important, if the breaks the high it means the the call sellers are More powerful than put sellers. At that point we goes for put buying. (ii) Gaps down. When the market opens in gap down that condition previous days low is Very important,if the market breaks previous days low in upside and sustain up to 15-20min Then we go for call buying.
NSE:BANKNIFTY
by WOLF807