Nifty Bank Futures Key Trading levels for 15th Nov 2021Nifty Bank Futures Key Trading levels for 15th 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.
Bankniftyfuture
NiftyBank Futures Key Trading levels for 10th Nov 21
NiftyBank Futures Key Trading levels for 10th 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 29th Oct 2021NiftyBank Futures Key Trading Levels 29th Oct 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 26th Sept 21 Nifty Bank Futures Key Trading levels for 26th Sept 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.
Nifty Bank Futures Key Trading levels for 21st Oct 2021Nifty Bank Futures Key Trading levels for 21st Oct 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.
Nifty Bank Futures Key Trading levels for 14th Oct 2021Nifty Bank Futures Key Trading levels for 14th Oct 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 Futures Key Trading Levels for 13th OCT 2021Bank Nifty Futures Key Trading Levels for 13th OCT 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.
Nifty Bank Futures Key Trading levels for 11th Oct 2021Nifty Bank Futures Key Trading levels for 11th Oct 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.
Nifty Bank Futures Key Trading levels for 7Oct 2021Nifty Bank Futures Key Trading levels for 7 Oct 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.
BANKNIFTY levels for 27th Monday ❗Hii Traders 😊
Welcome to BANKNIFTY chart and Futures analysis for 27th Monday
🛑I'm sure that you will make note of these crucial levels for Monday market
🎯 Key levels to watch out for day trader
🛑 Major resistance zone for BankNifty is at 38050-38150 where at this point BankNifty tried to breakout level and if you see the Option chain data in NSE website we can see at this point more shorts were added in Friday market
◽ If market breakout resistance then we can see Target of 38300
◽ Stop loss will be 38000 if market traded below this level then banknifty will be weaker and might be fear can continue
◽Banknifty might be shown some more weakness below 37780
◽ if huge gap up happens above 38150 the don't take a trade let the market correct because market Dont like gaps whether it may be huge gap up or gap down so let market get correct for some time then take the trade
🛑 Major support level for BankNifty
◽ Support level for nifty lies at 37680-37600 this the region of yesterday's value area means major valume is lies their so it acting as support zone
◽ Market successfully breakdown this level then we can take a trade
◽ And we can see the Target of 36600
◽ STOP loss will be 37830 where previous day close acting as strong support and resistance
🛑levels for banknifty will be also same
◽Go long on banknifty Futures if it breakout the resistance
◽ If banknifty traded above 38000 I'm sure that more shorts get covered in banknifty Futures
◽ Don't short the market until below the 37800
🛑 Summary
◽ Resistance level for CE buyers /option buyers is at 38050-38150
◽ support zone to buy PUT / PE is at 37680-37600
◽ BankNifty will be weaker on intraday basis below the 37800
Thanks for reading 😊
I hope that it will help a lot and I'm wrong kindly comment mine mistake surely I will correct it
If you like it do follow for more and give reputation which will boost mine confidence to do more.
have a nice day
BANKNIFTY analysis for intradayHii Traders 😊
Welcome to BANKNIFTY chart analysis for 24th Sep 🔺
🛑 Caution
◽ I don't give much preference to technical indicators those were lagging indicators and I don't believe anyone of them . And use just for confirmation purpose and i trade only basis of levels that is Resistance and support levels and through market profile ( and I don't use market profile for execution of trade) if you are technical indicator trader you don't need to read further 😊
Show me that successful profitable trader who traded based on only technical indicators
🛑 Today Bulls were took the market in control and lead to towards all time high and closed with gaining of 790+ points
🛑 What's the major reason to this bull ❓
Well,
U.S. Fed Holds Interest Rates Stable, Hints Tapering May Start Soon ( means Currently there's no changes in interest rate)
The U.S. Fed keeps interest rates steady for now but indicated that rate hikes might happen sooner than expected. More members now see the first interest rate hike occurring in 2022 if progress continues as expected
This is the reason beyond Market Run Fed now keep interest rate steady and it rise the rate sooner than expected
◽ What will happen if rise in interest rate ❓
( As I know if I'm wrong kindly correct me) if increase in interest rate then money follow will get reduced and as money follow decreases consumer products price decreases and it maintains inflation rate .
Interest will hike only when rise in inflation or expected to be rise inflation so Thier by they can control money follow
How money follow will increase inflation ❓
Well,
Just imagine interest what we paid for
credit card decreases and we will take benefit from that as much as possible and we are spending more money than usuall and we are paying more money for Products and goods it will increase in the inflation rate ( which means our country currency value decreases let take one example just assume that you bought an shoe at 100 Rupees (in Indian currency ) yesterday and same company same shoe will cost 102 rupees today which means inflation reduce currency value by 2 Rs ) I hope that u get it if I'm wrong kindly let me know comment section 😊
◽ Change interest rate means inflation is increasing so they were try to manage inflation rate by increasing in interest rate which will keep money follow under control ( if interest rate for credit cards increasing would like to spend more money ? So like this they control money follow )
🛑 Now let move on to analyse the market levels for 24 th SEP and I have given market levels were worked as I told that (you check in profile if whether I'm wrong or right)
🎯 Key levels to watch out for day trader ( support and resistance zone for only for intraday traders and intraday purpose )
🛑 Major resistance zone for BankNifty is at 37800-37850 where at this point BankNifty tried to breakout level in other words it is the level acting as supply zone where shorter's get active and shorting the market
◽ If market breakout resistance zone ie. 37800-37850 then we can see Target of 38000 🎯
You can ask me
◽ How can you tell 38000 will be the 1stTarget ❓
Well,
If I'm can't see perfect Target level in chart then I will going to see option chain for Target setting ( I will look at that strike where more sellers are shorted and position holding I will choose that one as mine target because shorters were like institutional traders who have more money they will short the market they were more shorting at one particular OTM strike then they were expecting that market will can trade until that point but it will not breakout that in other words we can take that strike as resistance also here we already know resistance I'm setting target or I'm looking to where I have exit like this option chain will help me )
◽ Stop loss for this level is 37730 here market get bounce back from this level and if look at past 4th trading session where market get support at this point by pivot point control region if it breakdown this level Banknifty will be weaker so I'm setting mine stoploss here
◽Banknifty can shown some more weakness if traded below 37250
◽ if huge gap up happens the don't take a trade let the market correct because market Dont like gaps whether it may be huge gap up or gap down so let market get correct for some time then take the trade if breakout the mentioned level or it can bounce from their ( After bounce let wait to candel close above the resistance level then take a trade don't forget About stoploss )
🛑 Major support level for BankNifty
◽ Support level for nifty lies at 37000-36950 this the region of yesterday's value area means major valume is lies their so it acting as support zone or also called demand zone where buyers get active and drove the market upside
◽ Also this level can called as virgin CPR support area means It pivot point region based on yesterday value area where in active trading session market doesn't touch the that level (those levels or pivot control point are called virgin CPR )
◽ Market successfully breakdown this level then we can take a trade with stop loss level ie.37250 ( opening level for the previous day if nifty started trading above this level we can say nifty will be strong and can drive the price upside so this crucial STOP LOSS level )
◽ If breakdown happens we will achieve the Target of 36600 🎯
🛑 Key levels to watch out for nifty futures
➡️ Resistance zone is at 37950-38000 if it breakout this level with simultaneously breakout have to happen in Banknifty spot market also then go long on bank nifty futures
◽Target 1 will be 38200
◽ Stoploss is 37900
➡️ Support zone is at 37500-37450
If it breakdown this level we can short the market
◽ target will be 37250
◽ Stoploss is at 37600
🛑 Summary
◽ Resistance level for CE buyers /option buyers is at 37800-37850
◽ support zone to buy PUT / PE is at 37000-36950
◽ Nifty will be weaker on intraday basis below the 37250
Thanks for reading 😊
I hope that it will help a lot and I'm wrong kindly comment mine mistake surely I will correct it
If you like it do follow for more and give reputation which will boost mine confidence to do more.
have a nice day 😊
BankNifty Prediction & Analysis [11 Aug 2021]BankNifty Prediction and Analysis For Tomorrow
Bank Nifty Spot Levels to watch out for trading on 11th Aug 2021
Long Opportunity:
1. Price breaks out of 36065 and retests the level again is good support to go long
Short Opportunity:
2. Gap down opens below 35890 and stays below 35890 for some time and retested back the 35890 levels is a good resistance zone to short Bank Nifty.
BankNifty Prediction & Analysis [06 Aug 2021]Bank Nifty Spot Levels to watch out for trading on 6th Aug 2021
Long Opportunity:
1. Price breaks out of 36025 and retests the level again is good support to go long
2. Gap down open but takes support near 35685 will act as good support to go long again
Short Opportunity:
1. Gap down opens below 35670 and stays below 35670 for some time and retested back the 35670 levels is a good resistance zone to short Bank Nifty.
BankNifty - Bull Channel with Risk:Reward = 1:2.5 BankNifty is overall bullish from longterm perceptive. From the 2hr Chart, we see that the BankNifty is trading in Bull Channel . This kind of setup is best for positional/ Swing F/O traders as we can make money on upside and downside.
Last week, BankNifty touched the lower trendlines and supported bears for a while. But, It holded the support of the lowest trendline drawn and bulls are back in control.
Currently, BankNifty is holding the lower trendline and attempting the move towards the upper trendline.
Below 34950, it can touch 34700 and bounce back to upper trendline.
Above 35150, i will take 35300 calls for this week expiry and 35500 and 36000 calls next week expiry.
This is a Risk/Reward ratio of 1:2.50 trade. Intraday traders can make money on any dips on any day for next two weeks.
DISCLAIMER: ALL POSTS ARE EDUCATIONAL PURPOSES.WE ARE NOT RESPONSIBLE FOR UR PROFIT/LOSS
Bank Nifty Prediction & Analysis [27 Jul 2021]Bank Nifty Prediction & Analysis and probable Support & Resistance have been shown.
Day Trading Setup For BankNifty
Shorting Opportunity
You can short ATM PUT Option if BankNifty closes below 34890 or Short BankNifty Future.
Long Opportunity
You can short ATM PUT Option if BankNifty closes above 35145 or Short BankNifty Future.
Target: Resistance Line for Long Setup and Support Line for Short Setup
Stop Loss: Grey Color Line
Bank nifty LongAll the levels with green line are a buy call and with a red line are shorting levels....
For me now bank nifty has entered into a bullish territory and won't bank nifty now till any sign of weekness. I will try to buy on dips bank nifty but only till I find a good risk reward and again I remind you downside my all targets of nifty and nifty Bank are not yet achieved...2 big targets are only done positionally we would try to play this bounce but positionally I won't carry any long as I still think there is more downside left ...
All the levels are informed in the chart so enjoy trading❤️🙏
Banknifty Intraday Trade Setup [19 Feb 2021]Banknifty has broken the major trendline. However, it has strong support zone near 36500 levels.
Shorting opportunity once it breaks 36500 strongly.
Let it break this level and when it retest, you can short Banknifty near 36500. However, you can also short if you found rejection candle near the downward trend line.
Bank Nifty - Bullish SignMy trending system generated a buy signal on a 15 minutes time frame.
The buy signal was generated 29600 with a tight SL of 29400.
The targets for this level are coming around 30500-30400 and these levels are also a major supply zone!
I use my system to identify a trend and to find possible targets I prefer to use Fibbo levels.