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Niftybank

Bank Nifty Intraday Trade Setup for 26th May Tuesday 2020Hello Everyone, We had seen a blood bath on Friday trading session. Sentiment was high because of RBI governor press meet and we were closed 456 Point negative on Friday Trading session , Question is Does we see s short covering on Tuesday Trading session Or Trend will be Continue ? Technical View ================= Index is volatile in Intraday and in downtrend but as I always said that new day if different then Previous one so do not make pre view when you're an Intraday trader. Resistance : Index short term Resistance area is 17900. Support : Index Short Term support on 17000 Trade Setup ================= Long : Long Position can build above 17410. So wait for this level to come in Intraday. Short : Short Position can build if Index break Friday trading low which 17090. Disclaimer: I am not a SEBI Registered Research Analyst and all the information provided here is for educational purposes Views are shared based on market research and study and personal in nature. Others can take the different view and opinions. Good Luck and Happy Trading Virendra Pandey
NSE:BANKNIFTY
by CodeViser
1
BankNifty 50 Intraday Trade Setup for 20th may 2020Good Morning Everyone, Yesterday Index was volatile and most of movement has been eaten though Gap up after that Index has been traded in a wide range but still we have managed to make good money in Intraday if you guys listen me and manage to short from top (18100) . Now question is Index will be trade in a range and can give a clear movement . Technical View ===================== Index might be trade in a range today to manage the difference of call put rates before the Expiry. Range upside level is 18000 and downside level is 17400.. Resistance : Index Intraday Resistance is 18000 and key resistance is 18200 then 19200. Support : Intraday support is 18400 and Key support is on 16600 Trade setup ============ Long Position can Build Index manage to close above 18200 with 17900 Sl. Short Position is much safer and can be Open lower then 18400 with 18500 SL . Risk and Reward is good in sell side but you guys need wait to break 18400 and sustain lower then it. Disclaimer: I am not a SEBI Registered Research Analyst and all the information provided here is for educational purposes Views are shared based on market research and study and personal in nature. Others can take the different view and opinions. Good Luck and Happy Trading Virendra Pandey
NSE:BANKNIFTY
by CodeViser
2
Bank Nifty Intraday Trade Setup for 19th May 2020Good Morning Sir's Hope you Guys all Did well yesterday and made good money in yesterday Trading session . The Question is it will be continue Today? Technical View ======================= Resistance : Intraday Resistance is on 18400 and it can be test with a gap up Opening. Key Resistance is on 21600-22000 Support : Intraday support is on 17500 and Index has already tested it yesterday and Key support is still on 16000 Trade setup ================ Buy : LONG position can build only and only if Index sustain above 18600 . Sell : Short is tricky and There is 2 Levels in today intraday . A : Risky Traders can take risks and Open a short from top which is come from Intraday Resistance . Level is 18000-18100 B : Second short Position if Index Break yesterday low which is 17500 Levels in Spot Prices.. Disclaimer: I am not a SEBI Registered Research Analyst and all the information provided here is for educational purposes Views are shared based on market research and study and personal in nature. Others can take the different view and opinions. Good Luck and Happy Trading Virendra Pandey
NSE:BANKNIFTY
by CodeViser
Bank Nifty Intraday Trade Setup for 18th may 2020Good Morning sir's Banking Sectors is still weak and has a major role for current downfall. Government has announced simulation package but market has rejected it Badly. Technical View ================== Bank Nifty has made a Head and shoulder pattern in 2 hour time frame and neck line of this H&S pattern is on 18500 but I had seen one more support lower then neck line which is on 18200 so I will consider this level as for neck line (18200) . 18200 is a last hope for Bank nifty Index. Index will breach on harmonic przs ( 16650 then 16080) on breakdown of 18200. Trade setup & Intraday levels =============================== Buy : 19000 Stop loss : 18830 Target : 19140/19300/19430 Sell : 18650 Stop loss : 18840 Target : 18500/18370/18270 Levels in Spot Prices.. Disclaimer: I am not a SEBI Registered Research Analyst and all the information provided here is for educational purposes Views are shared based on market research and study and personal in nature. Others can take the different view and opinions. Good Luck and Happy Trading Virendra Pandey
NSE:BANKNIFTY
by CodeViser
8
NIFTY 50 Short term Bullish UpdateNIFTY 50 TA Update: Now Current Price of Nifty is 9194 Points. According to TA we can see strong bounce back from Support Level and I can expect some upward movements. All indicators showing short Term Bullish pattern. so guys I can expect 9370-9414 in short term period. Support: 9064 Resistance: 9414 Please Click Like Button for Appreciate me. and must follow if you agreed my IDEAs for more Cryptocurrency and Stock market update must follow me. Thank you
NSE:NIFTYLong
by CryptoPatel
1
HDFC Bank Has 20% Downside Potential If Below 955HDFC Bank is stuck below former support near 955, which is also the 38.2% Fibonacci Retracement of its recent decline. As long as prices are below 955, then there's a risk that the stock retests its lows set in March near 740. As the largest component of the market's largest sector, this will likely continue to weigh on Indian Equities in general. With momentum also stuck in a bearish range, a downside continuation in this stock appears to be the higher probability outcome and we'd expect a retest of the March lows in the weeks and months ahead.
NSE:HDFCBANK
by AllstarchartsINDIA
1
BankNifty Intraday Trade Setup for 12th may 2020Good Morning Everyone, Banking sector is weak and has a major role for current downfall. Main question is is downfall will be continue today on the expiry day? Let see Technical View ============== Bank Nifty has made a head and shoulder pattern in hourly time frame. Index look weak on this level and can be fallen knife on breakdown . Level is 18,725. Index major resistance is still on 20,000 and support is on 18,700 Trade Setup =================== A - Long Position is risky and can build only and only on resistance breakout which is above on 19,400.00 B: Short position is lower then 18,700 Disclaimer: I am not a SEBI Registered Research Analyst and all the information provided here is for educational purposes Views are shared based on market research and study and personal in nature. Others can take the different view and opinions. Good Luck and Happy Trading Virendra Pandey
NSE:BANKNIFTY
by CodeViser
Bank Nifty Intraday & Expiry day Trade setup for 07th May 2020Good Morning Everyone, Banking sector is weak and has a major role for current downfall. Main question is is downfall will be continue today on the expiry day? Let see Technical View ============== Bank Nifty Major Resistance is on 20250-20300 and support is on 19000-19100. Trade Setup =================== A - Long Position is risky and can build only and only on resistance breakout which is above on 20300.. B: Short position is lower then 19000 Disclaimer: I am not a SEBI Registered Research Analyst and all the information provided here is for educational purposes Views are shared based on market research and study and personal in nature. Others can take the different view and opinions. Good Luck and Happy Trading Virendra Pandey
NSE:BANKNIFTY
by CodeViser
BANKNIFTY Bearish Chart Analysis in LTFBANK Nifty TA Update: BANK Nifty Now 19700 Point. This is Rtest Level after breakdown The support. So I can expect Next down leg soon if you short or put then you can exit first Support At 19048 Point. and after this support breakdown then next stoppage would be 18118 point. so now I take put at 19730 Level and waiting for Close at support level. Support: 19048/18200 Resistance : 19750/20300 if any candle close above 19750 level then this bearish chart exit and I will close my Trade. so keep an eye on chart. Please like and follow me for latest crypto and Stocks updates. Thank you
NSE:BANKNIFTYShort
by CryptoPatel
2
Nifty Pharma's Outperformance On PauseIn November the Nifty Pharma / Nifty 100 ratio met our downside objective as momentum diverged positively, sparking a massive 6-month period of outperformance from the Pharma sector. We've ridden this trend since it started, but prices are now back at the ratios 2014 lows and beginning to fail. What acted as support is now resistance...and following the massive run prices have had, this is a very logical level for prices to pull back and digest their recent gains. As long as prices are below their recent highs, then we'd expect the Pharma sector to underperform in the near-term. Long-term the trend in this ratio is clearly higher, but for now, we want to be taking profits as money rotates into other areas of the market that haven't run as much...like Nifty Financial Services. You can view our other ideas discussing this topic linked below.
NSE:CNXPHARMA
by AllstarchartsINDIA
Bank Nifty Weekly Expiry day analysis for 30th April 2020 Good Morning Everyone, Bank nifty is much stronger then nifty because the rally of HDFC bank. it will be continue today? Well we are tech analyst and we trade on confirmations. Yesterday we have made a handsome profit in Intraday. Resistance, support and technical view ======================================== Nifty Major Resistance area is 22060 and it's come with our harmonic pattern and support is sit on 19100... Intraday Trade setup ==================== Buy : Yesterday high is most of Important for us and we need to build a long position if index sustain above on it . Level is 21400 Short : Open a short position if Index break 20400 Note : We might be see a gap up Opening so use a simple strategy mark 15 minute candle high and low and setup your long short according on it Disclaimer: I am not a SEBI Registered Research Analyst and all the information provided here is for educational purposes Views are shared based on market research and study and personal in nature. Others can take the different view and opinions. Good Luck and Happy Trading Virendra Pandey
NSE:BANKNIFTY
by CodeViser
Dash To Trash ContinuesOver the short-term stocks that have been hit the hardest, like RBL Bank, are continuing to mean revert to the upside. Money is rotating out of Nifty Pharma, Nifty Fast Moving Consumer Goods, and other areas that have led the recent rally and is now flowing into other areas like Nifty Financial Services that have yet to participate to the same extent. In this chart we're looking at RBL Bank confirming a failed breakdown and bullish momentum divergence by closing back above its April 3rd, closing low near 110. As long as prices are above this level, then these conditions suggest further upside in the near-term and mean reversion towards our first target of 210. Additionally, it's our view that strength in some of the worst stocks like RBL Bank is evidence of risk appetite among market participants and suggest further near-term upside for Indian Equities as an asset class.
NSE:RBLBANK
by AllstarchartsINDIA
Money Flowing Back Into Nifty Financial Services SectorIn this chart of the Nifty Financial Services Index vs Nifty 100 ratio, we see a bullish momentum divergence as prices stabilize above a confluence of support. Prices staying above their recent lows signals outperformance is likely from this sector of the market, at least in the near-term while money flows out of areas that have run a lot like Nifty Pharma and Nifty Fast Moving Consumer Goods. Strength in Financial Services will be a tailwind for the Nifty 50 and broader indices given it's the largest sector weighting at ~33%.
NSE:CNXFINANCE
by AllstarchartsINDIA
Bank Nifty Intraday Trade Setup for Wednesday 29th April 2020Good Morning Everyone, Bank Nifty has given a clear move then Nifty in Yesterday Trading session because of A sharp rally in banking and financial stocks but Question is it continue today ? Resistance, support and technical view ======================================== Bank Nifty i resistance is on 21500 and support is on 19500 also a Harmonic pattern in hourly time frame. Prz area is 20879. so we can see a correction from 20879-20900 Intraday Trade setup ==================== Buy Above if Index break 20950 and sustain above in first trading Hour Sell: build a short if Index break 20500 and sustain Disclaimer: I am not a SEBI Registered Research Analyst and all the information provided here is for educational purposes Views are shared based on market research and study and personal in nature. Others can take the different view and opinions. Good Luck and Happy Trading Virendra Pandey
NSE:BANKNIFTY
by CodeViser
2