BANK NIFTY INTRADAY LEVELS FOR 19/09/2024BUY ABOVE - 52820
SL - 52620
TARGETS - 53000,53230,53500
SELL BELOW - 52620
SL - 52820
TARGETS - 52400,52260,52120
NO TRADE ZONE - 52620 to 52820
Previous Day High - 53000
Previous Day Low - 52120
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 👍
Bankniftytrend
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 INTRADAY LEVELS FOR 17/09/2024BUY ABOVE - 52200
SL - 51990
TARGETS - 52400,52620,52800
SELL BELOW - 51990
SL - 52200
TARGETS - 51820,51670,51530
NO TRADE ZONE - 51990 to 52200
Previous Day High - 52200
Previous Day Low - 51990
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(18/09/2024)Today will be flat or slightly gap up opening in banknifty. Since last few trading session index trading in consolidation zone. Strong upside rally expected above 52550 level. In case banknifty starts trading below 51950 then possible sharp downside of 400-500 points.
Bank Nifty Podcast 17 Sep 2024Today, only 1 trade setup was available based on Podcast Strategy.
- When the Podcast entry had come, just before that 5minute candle closed both below and above Opening Price - 52239
- The Data was -ve, and 2 departments were bullish. So again, looked at the strikes 52200 and 52300, where Put writers increased to give momentum toward 52400.
- The stoploss was hit, as call writers increased at the strike 52300.
Notes:
- Simultaneously, a selling strategy was executed based on Price Action, which gave 0.5% return on the capital.
BANK NIFTY INTRADAY LEVEL FOR 16 SEP 2024BUY ABOVE - 51990
SL - 51820
TARGETS - 52180,52400,52620
SELL BELOW - 51670
SL - 51820
TARGETS - 51530,51400,51230
NO TRADE ZONE - 51670 to 51990
Previous Day High - 51990
Previous Day Low - 51670
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 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 INTRADAY LEVELS FOR 13/09/2024BUY ABOVE - 51750
SL - 51550
TARGETS - 51880,51990,52140
SELL BELOW - 51550
SL - 51750
TARGETS - 51400,51230,51080
NO TRADE ZONE - 51550 to 51750
Previous Day High - 51880
Previous Day Low - 51080
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 12/09/2024BUY ABOVE - 51120
SL - 50970
TARGETS - 51260,51400,51550
SELL BELOW - 50970
SL - 51120
TARGETS - 50860,50740,50600
NO TRADE ZONE - 50970 to 51120
Previous Day High - 51400
Previous Day Low - 50970
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 11 SEP 2024BUY ABOVE - 51400
SL - 51260
TARGETS - 51500,51750,51880
SELL BELOW - 51260
SL - 51400
TARGETS - 51000,50890,50740
NO TRADE ZONE - 51120 to 51400
Previous Day High - 51400
Previous Day Low - 51000
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(10/09/2024)Today will be slightly gap up opening expected in banknifty. after opening if banknifty sustain above 51050 level then expected upside rally upto 51450+ level and this can be extend for further 400-500 points if banknifty starts trading above 51550 level in today's session. Downside possible if banknifty gives breakdown of 50950 level. Downside upto 50550 level expected after this breakdown.
BANK NIFTY INTRADAY LEVELS FOR 10/09/2024BUY ABOVE - 51260
SL - 51120
TARGETS - 51400,51550,51750
SELL BELOW - 51000
SL - 51120
TARGETS - 50890,50740,50600
NO TRADE ZONE - 51000 to 51260
Previous Day High - 51260
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 👍
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.