Bankniftytrading
BANKNIFTY Short Setup after 2700+ Long Trade on RisologicalBANKNIFTY Short Setup after 2700+ Long Trade on Risological
So, finally we see a reversal on Banknifty after a massive rally of 3000+ points out of which we were able to catch about 2750+ points.
The chart looks bearish on 15m time frame and I took a small short, just a bit concerned about any potential sideway move.
Have a look at the chart Ive shared to get the entry, stoploss and profit targets of this BankNifty short trade.
Best regards!
Namaste!
BankNifty Trading SetupBankNifty has been trading within a 400-point range since Monday, Tuesday, and Wednesday, sustaining near its all-time high (ATH). If BankNifty crosses above 54,200 on Thursday and holds above that level for at least 15 minutes, our first target will be 54,400, and the second target will be 54,600.
This is for educational purposes only. We are not SEBI registered.
BankNifty Today: 2900+ Points Profit Caught on RisologicalBankNifty Today: 2900+ Points Profit Caught on Risological Swing Trader
This is unbelievable!
BankNifty 2900+ Points one side move caught.
We got a confirmed entry at 51,230 and there is no looking back.
Our last take profit target was at 52,147, closed partially on TP4 and continued to hold the other partial position that is currently at 2900+ massive MASSIVE profit!!
For people who have been sending me DMs asking the indicato'r name, it is a paid indicator. Please Google - Risological Swing Trader.
Best regards,
Namaste!
BankNifty 2300+ Points! MASSIVE MOVE Caught Using RisologicalBankNifty 2300+ Points! MASSIV MOVE Caught Using Risological Swing Trader
Guys,
This is UNBELIEVABLE!!!
My biggest BankNifty trade EVER!!!
2300+ points gain in BankNifty feels like direct access to the holy heaven!
Got a clear Entry of this CE side buy trade on 12 Sep 9:15 am at 51,230 price level.
The final profit target was at 880+ points anf I was holding 50% of this position which gave me a whopping 2300+ points of the remaining posiion.
How did I pull this off?
- Use 15m time frame chart
- Buy the monthly contract (not weekly).
- The monthly contracts are costlier, but it pays off in times like this.
- Follow the trend using the Risological swing trader
- You can either exit on every TP levels (Take profit), or
- Close partially on each level.
- Hold 25% of the position till the price reversal happens
- Price reversal means - the candle turning red on a long trade and green on a short trade.
Hope this helps!
Namaste!
BankNifty Long Trade 15m TF, 1800+ Points gains on RisologicalBankNifty Long Trade 15m TF, 1800+ Points gains on Risological
Oh man!
Look at this beauty.
Many users on TradingView message me -
"Why dont you trade in lower time frames like 1m or 5m?"
The thing is, indexes like Nifty, BankNifty and other indexes in Options trading are very volatile and no strategy can accurately work in lower time frames, unless you are a tick trader or quick scalper.
Everybody has their own style and preferences when it comes to trading.
I am more comfortable trading Nifty and BankNifty in the 15m because:
My blood pressure doesn't rise during trading the 15m time frame charts
I buy month contracts with at least 15 days to expiry, to catch the big moves like this one.
I religiously follow the Risological swing trading indicator, thus avoiding any emotional trading.
The result is in front of you!
1800+ points and counting!!
Isn't this lovely?
Nifty and BankNifty analysisHello Traders,
Checkout our latest analysis on Nifty and BankNifty. Also do not forget to check our previous analysis we posted few weeks ago
BankNifty 1600+ Points Gain in 7 days! Using RisologicalBankNifty CRAZZZZZY Gains using the Risological indicators.
Do I have to say a word?
Massive 1600 points gain, and still looking solid on the 15m time frame.
This is the beauty of trading the options in 15 min time frame.
Yes, you would need more capital compared to the weekly contracts.
I have been trading the Nifty, Banknifty and MidCPNifty in 15m time frame from almost 2 years now, and I have no regrets.
Some points to keep in mind using this Risological strategy:
- Use 15m time frame chart
- Apply Risological swing trader indicator
- Buy monthly contracts, that have at-least 15 days time till expiry.
- Catch big moves
All the best and namaste!
Bank nifty pre market opening levels Comment which stock to analysis and post next
Bank nifty pre market opening levels
Nifty bank pre market opening levels Comment which stock to analysis and post next
Nifty bank pre market opening levels
City Union BankImportant points marked.
*****Education purpose only*****
*****Investing in Equity is subjected to market risk do own research before investing*****
BANKNIFTY CORRECTIVE RALLY OR IMPULSEBased on the chart analysis, the following observations can be made:
A double correction in the form of a wxy pattern was completed near the price level of 49,650 on August 14, 2024.
Subsequently, Wave 1, consisting of five subdivisions, was completed.
Wave 2 concluded on September 9, 2024, at a price level of 50,370.
A smaller degree five-wave pattern was completed on September 11, 2024, with a price level of 51,420.
Currently, it appears that we are in the third wave on a smaller time frame, with support at 51,754. Given the current trajectory, the price level of 52,639 may be achieved soon.
Disclaimer : This analysis is based on historical price data and technical patterns and is for informational purposes only. It does not constitute financial advice or a recommendation to buy or sell any securities. Please consult with a financial advisor before making any investment decisions.
Regards
Bank Nifty Podcast 13 Sep 2024There were three setups available, out of which two setups were taken based on Option Chain Data.
Setup #2 - Stoploss Hit, although the Changing in OI data was positive and all the four departments were "Bullish".
Setup #3 - I was ready to take another trade on CE side, due to data being highly positive.
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Notes:
- Taking trade without data is risky, as even with 50% risk the stoploss increases the loss as equal as taking 100% complete trade. So I would always avoid such trade and hold my nerves to avoid FOMO of getting into any such trades.
Nifty Bank Index AnalysisHere’s a summary of the key points and analysis:
Trend Analysis:
The chart shows a previous bearish trend that appears to be reversing or entering a consolidation phase.
There are multiple points marked as "BOS" (Break of Structure), indicating changes in market direction.
The recent candles indicate a potential uptrend with higher lows being formed.
Fibonacci Retracement:
Fibonacci levels are drawn from a recent low to a recent high, showing key levels of potential support and resistance.
The 0.5 (51,479.30) and 0.618 (51,723.25) Fibonacci levels are crucial as they often act as significant support/resistance areas.
The price currently seems to be testing the area between the 0.5 and 0.618 levels.
Projected Move:
The chart outlines a bullish scenario with price expected to move higher, potentially reaching the 1.618 Fibonacci extension level at 53,790.75.
This projection is based on a strong break above the current resistance zones.
Resistance and Support Zones:
There are highlighted red zones which indicate strong resistance levels around 52,500 and above.
A blue zone near 50,445.55 marks a significant support level, which could act as a floor if the price pulls back.
Price Action Expectations:
The chart suggests that if the price successfully breaks above the current resistance, it might target higher levels towards 52,513.05 initially and further up to the 1.618 extension level.
However, failure to maintain this upward momentum could see the price revisiting lower support levels.
This analysis outlines a bullish outlook with key levels to watch for both potential resistance and support. The price action around the Fibonacci levels will be crucial in determining the next significant move for the Nifty Bank Index.
BANKNIFTY 1200+ points Shorts Setup?? OMG!! The Risological swing trader has given a shorts setup indicating a whopping 1200+ points short opportunity.
Now, Ive taken a small trade here, at the entry.
It looks like some big moment is coming shortly.
Lets keep a close watch!!
BANKNIFTY TODAY - Opens with a gap Up, Targets Marked for YouAfter a good upside rally, BankNifty has been on sideways from 2 straight days.
Can the gapup today give it further bullish momentum? Only time will tell.
But, Iam prepared to catch the best trades with this Risological strategy.
Banknift CE buy side setup, it is!
Good luck, folks!
Namaste 🙏
Bank Nifty Podcast 29 Aug 2024Only 1 trade was taken.
The trade was based on podcast levels with CE side. The OI data was slightly positive and also 3 departments were "Bullish" from 4 departments of Option Chain.
The risk to reward was 0.66 which qualifies the min. required risk to reward for the podcast setup.
Bank Nifty Podcast 28 Aug 2024Today, I had taken only 1 trade.
The trade was taken as per podcast levels, although data was negative and 3 out of 4 OI departments were negative, so PE side was taken with 50% risk using Credit Spread Strategy of same expiry strikes.
BankNifty Update - Bearish Sign on 15m Chart
On 15m time frame, BankNifty has closed with a red candle at 3:30pm
This is a bearish sign and a confirmation for PE side buying. Tomorrow, we might see a continuation on the down side.
Entry, stop loss and profit targets have been marked for your reference.
All the best!
Bank Nifty Podcast 27 Aug 2024Took two trades today.
1st trade was taken with 50% risk which means instead of max loss of 1000, I took only 1 lot with 500 risk. The 50% risk was taken because OI data was completely positive and 4 departments were "Bullish".
2nd trade was taken with maximum conviction as the data was positive and 4 departments were "Bullish", but looks like Bank Nifty had some other plans. The market remained sideways for sometime which resulted in decay in the premiums.
Notes:
- Never take any trade even with 50% risk, because sometimes "No trade is also good trade"
- 2nd trade should have been taken with debit spread as next day is expiry and already Bank Nifty had moved more than 200 points.
Bank Nifty Podcast 23 Aug 2024Total three trades were taken .
1st trade was taken on 5minute timeframe when the candle reverses from the OI line and closed with 1:1 Target
2nd trade was taken on Podcast Setup , closed the trade with stoploss. Although the OI data was positive, but the 4 department was neutral, where 2 department was showing Bullish and 2 department was showing bearish.
3rs trade was again taken on Podcast setup and closed with 1:1 target.
Notes:
- There were 3 trades based on 5minute timeframe from the OI line 51000, but I took only the one before 10AM.
[INTRADAY] #BANKNIFTY PE & CE Levels(22/08/2024)🔔 Bank Nifty Update for Today:
📈 Gap-Up Opening Expected:
Expected Opening Level: Near 51000
Initial Bullish Level: Above 51050
Primary Upside Target: 51450+
Extended Upside Target: 51950+
Bank Nifty is expected to open with a gap up near the 51000 level today. If the index starts trading above 51050 after opening, we could see a strong bullish rally, potentially driving the market towards the 51450 target. Should Bank Nifty break through the 51550 level, this rally might extend further, reaching up to 51950 or more.
📉 Watch for Downside Risks:
Critical Reversal Level: 50950
Strong Support Level: 50550
However, if Bank Nifty trades below 50950, downside movement could be possible. The 50550 level will serve as a strong support for today's session.
