BankNifty Continues Bullish MomentumBankNifty Continues Bullish Momentum with a gap-up today 26 August, 2024
Trailing stop loss as per Risological swing trader: 50,920
Resistance: 51,430 - 52,110 - 52,530
If Banknifty closes below 50,920, then all CE position will be closed and a fresh PE side buy position will be opened.
Good luck.
Bankniftytrend
BANK NIFTY INTRADAY LEVELS FOR 26/08/2024BUY ABOVE - 51080
SL - 50890
TARGETS - 51300,51500,51620
SELL BELOW - 50890
SL - 51080
TARGETS - 50740,50600,50420
NO TRADE ZONE - 50890 to 51080
Previous Day High - 51080
Previous Day Low - 50890
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.
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HAPPY TRADING 👍
Bank Nifty Podcast 22 Aug 2024Two trades were taken today.
1st trade was on Gap up/down strategy, here the profit was booked early due to thick line which is the OI line 51000, where there was early rejection and strong resistance from the Call Side.
2nd trade was purely based on Podcast levels with Data positive and 4 department of OI being positive, still the Bank Nifty moved in the another direction and stoploss was hit.
Notes:
- Gap up/down Strategy needs to be taken if there's enough space based on ATR lines and OI lines or any thick Lines. Although this isn't mandatory, but good to follow.
- OI change needs to be checked in realtime, and since NIFTY was on opposite direction of the trade, a straddle of both Bank NIFTY and NIFTY would have worked in the favor.
Optional:
- Straddle setup at the ATM strikes when NIFTY OI data is positive and Bank NIFTY data is negative or vice versa on both of the indices.
- Profit/Loss with 1 lot : Rs.2,000/-
- Setup only when the data becomes opposite to each other
- Close only when the market closes or profits or stoploss is seen in total MTM
- Margin Required for both the straddle setup is 2L
BANK NIFTY INTRADAY LEVELS FOR 22 AUG 2024BUY ABOVE - 50740
SL - 50600
TARGETS - 50890,51070,51300
SELL BELOW - 50600
SL - 50740
TARGETS - 50420,50250,50100
NO TRADE ZONE - 50600 to 50740
Previous Day High - 50740
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 👍
BANK NIFTY INTRADAY LEVELS 21/08/2024BUY ABOVE - 50740
SL - 50600
TARGETS - 50890,51070,51300
SELL BELOW - 50600
SL - 50740
TARGETS - 50420,50250,50100
NO TRADE ZONE - 50600 to 50740
Previous Day High - 51020
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 👍
BANK NIFTY INTRADAY LEVELS FOR 20/08/2024BUY ABOVE - 50420
SL - 50250
TARGETS - 50600,50800,50940
SELL BELOW - 50250
SL - 50420
TARGETS - 50100,49880,49700
NO TRADE ZONE - 50250 to 50420
Previous Day High - 50800
Previous Day Low - 50250
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(20/08/2024)Today will be slightly gap up opening expected in banknifty. After opening upside rally only expected if banknifty sustain above 50550 level. Downside of 400-500 points possible if it's starts trading below 50450 level. No major changes in yesterday's levels due to consolidation movements in market.
BANK NIFTY INTRADAY LEVELS FOR 19 AUG 2024BUY ABOVE - 50600
SL - 50420
TARGETS - 50800,50940,51120
SELL BELOW - 50420
SL - 50600
TARGETS - 50250,50100,49880
NO TRADE ZONE - 50420 to 50600
Previous Day High - 50600
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 👍
HDFC Bank upside target 1680 A good rise can be seen again in HDFC Bank. After rising above the strong support of 1600, the stock is currently closed at 1632.10 above 20 SMA 1623.95. From where the stock may see a rise of 2 to 4 percent in the coming week. It is also possible that the stock may touch the target of 1680 next week.
Result of 15 august predictionYesterday i predicted and find out the levels of bank nifty and result is Infront of you.
My idea was pure bullish and levels are at 50507 and bnf taking resistance at my level.
Keep supporting us by boosting me at trading view. I will start giving you stock analysis too if 30 Boost will complete on this idea.
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 👍
[INTRADAY] #BANKNIFTY PE & CE Levels(16/08/2024)Today, a gap-up opening is expected in Bank Nifty near the 50000 level. A downside reversal is anticipated from the 49950 level to the 49550 level. If Bank Nifty starts trading above the 50050 level, a possible upside rally up to the 50450 level is expected. No major changes in 14th august level due to the consolidation session.
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 👍
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 👍
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 👍
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 👍