Bank Nifty update on 20th December 2021
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. Most of the Private banks are trading in a broader range from a couple of Months and can play a Major Role in the next couple of weeks, so be careful if you're a buyer or holding any long position in bank nifty. Trading in the hourly demand zone and a breakdown can create more negativity.
Trade Setup for 20th December
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Intraday Resistance : 36,000
Intraday Support : 35,400
Key Support is: 35,400
Key Resistance is 37,500
Trade Accordingly.
Good Luck
Bankniftyoptions
NiftyBank Futures Key Trading levels for 17th Nov 21 Nifty Bank Futures Key Trading levels for 17th Nov 21
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.
NiftyBank Futures Key Trading levels for 16th Dec 2021Nifty Bank Futures Key Trading levels for 16th Dec 2021
Tomorrow you can expect trending day....
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.
NiftyBank Futures Key Trading levels for 15th Dec 2021Nifty Bank Futures Key Trading levels for 15th Dec 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.
Range bound BankniftyJai shree Ram! Today as mentioned yesterday it opens gap down and took support at 36600 and 36500 where the PE open interest is high and faced resistance at Level 36900 and 37000 where CE open interest is maximum. Interestingly we saw put unwinding at 36900 levels. Now unless we open a gap up above 37000 the market will be range bound.. stay tuned tomorrow I will give call during market hours. Thank you for supporting me and following me.
Selling pressure at 37500 D Day 25 novAs forecasted the bank nifty opened gap up at 37358. It rallied upto 37581 then made sudden selling pressure from the 25th November pirce action. Interesting to see that open interest on 37000 Pe and ce is equal. Crossing 37500 and 37600 is difficult as there is total OI of 30 lakh on ce while PE OI is of 28 lakhs from SP 36900 to 36500. Call for tomorrow is Gap down opening below 36900 buy PE of 36800 Target 400.
Nifty Bank Futures Key Trading Levels for 14th Dec 2021Nifty Bank Futures Key Trading Levels for 14th Dec 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.
NiftyBank Futures Key Trading Level for 13th Dec 2021NiftyBank Futures Key Trading Level for 13th Dec 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.
Bank Nifty update on 13th Dec 2021Bank Nifty Index has already changed its hourly trend and trading in a range from the last two trading sessions, Higher chances to give momentum in the upside but a lot of intraday resistance in upside, so if you have seen any breakout in intraday, then always wait for a pullback for your entry.
Intraday Trade Setup on 13th Dec 2021
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Intraday Resistance : 37,450
Intraday Support is: 36,800
Key Resistance : 38,000
Key Support:36,000
Trade Accordingly.
Good Luck
Nifty Bank Futures Key Trading Levels for 10th Dec 2021Nifty bank Futures Key Trading Levels for 10th Dec 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.
NiftyBank Futures Key Trading Levels for 9th Dec 2021Nifty Bank Futures Key Trading Levels for 9th Dec 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.
NiftyBank Futures Key Trading Levels for 8th Dec 2021Nifty Bank Futures Key Trading Levels for 8th Dec 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.
NiftyBank Futures key Trading levels for 7th Dec 2021NiftyBank Futures key Trading levels for 7th Dec 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.
Bank Nifty Update on 06th Dec. 2021
In the Friday Trading session, Bank nifty fell from their trend line resistance and made a good move on the downside. The sentiment is still strong, and the index can lose more in the upcoming days, but confirmation is required, lower than 35,000. As per harmonic, we can see 33,900 if this level breaks. More pain in the coming days.
Intraday Support is : 36,000
Intraday Resistance is : 36,500
Key Resistance is : 37,000
Key Support is :35,500
NiftyBank Futures Key Trading levels for 6th Dec 21 Nifty Bank Futures Key Trading levels for 6th Dec 21
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.
NiftyBank Futures Key Trading Level for 3rd Dec 2021Nifty Bank Futures Key Trading Level for 3rd Dec 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.
NiftyBank Future Key Trading levels for 2nd Dec 2021Nifty Bank Future Key Trading levels for 2nd Dec 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.
NiftyBank Futures Key Trading levels for 1st Dec 2021Nifty Bank Futures Key Trading levels for 1st Dec 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.
NiftyBank Futures Key Trading Levels for 30th Nov 2021Nifty Bank Futures Key Trading Levels for 30th 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.
Bank Nifty update for 29th November 2021Banking sectors swings are messy in 2020 and 2021 and never perform well in this bull run. The nifty rally was massive, but we can see the difference if we compare Nifty and Bank in 2020 and 2021. The nifty rally was straight, but Bank nifty rally was not, which is a clear sign that the banking sector is still weak and a perfect candidate for the short position.
Intraday setup for 29th November 2021
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I
Hourly time Frame
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A trend line is coming from the top, which is holding the current downtrend. The Index needs to break this trend line to see a reversal. Important level is 36,900 to 37,000. The current impulse is derived by the Harmonic ABCD pattern and can go 35,400 to 35,500, which is an important support for the Intraday.
s3.tradingview.com
daily time Frame
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Bank's nifty demand zone is huge, almost 3,000 points, creating many problems in the intraday. Momentum and swings can mess up in the intraday. The best strategy is to sell from the rise and trade the negative sentiment.
Trade accordingly, More updates will be in the live Market.