15/11/2022 BANKNIFTY SUPPORT AND RESISTANCE ZONEHello Guys,
Good Morning Everyone,
As per last two days data Banknifty moving in a range between 350 points(42200 - 42000) . Now we have two option for trade.
* If banknifty break last two days low then may be banknifty fill the gap that was approximately 350 points (41650 level)
* Either banknifty sustain above 11th Nov high then open level for 42500
* Major level 42200 - 42000 if banknifty play in this range avoide todays trade
Bankniftyintradaylevels
NiftyBank Futures Key Trading Levels for 14th Nov 2022NiftyBank Futures Key Trading Levels for 14th Nov 2022
Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying
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.
Bank Nifty Levels & Strategy for 11/Nov/2022Dear traders, I have identified chart levels based on my analysis, major support & resistance levels. Please note that I am not a SEBI registered member. Information shared by me here for educational purpose only. Please don’t trust me or anyone for trading/investment purpose as it may lead to financial losses. Focus on learning, how to fish, trust on your own trading skills and please do consult your financial advisor before trading.
BANK NIFTY
Today, once again we have seen both types of trades in Bank Nifty. Bank Nifty open in red, touched the major support level and finally offered decent recovery from lower levels. Pressure at higher level near lifetime is quite evident. Traders should continue to book profit at higher levels and hedge their overnight positions to protect their capital. Please find below Bank Nifty scorecard for more details about short & long positions in options.
BANK NIFTY SCORECARD DATED 10/NOV/2022
BANK NIFTY IS DOWN BY -179 POINTS
Name Price Previous Day Change % Change
Bank Nifty 41604 41783 -179.45 -0.43%
India VIX 15.57 15.92 -0.35 -2.18%
OPTION STATISTICS BASED ON 17/NOV/2022 EXPIRY DATA
Max OI (Calls) 41500 (Open Interest: 1097450, CE LTP: 473)
Max OI (Puts) 41500 (Open Interest: 1068775, PE LTP: 292.9)
PCR 0.84 (PCR is in bearish zone)
Bank Nifty Calls:
ATM: Short Buildup, OTM:Short Buildup, ITM:Short Buildup, FAR OTM:Short Buildup
Bank Nifty Puts:
ATM: Short Buildup, OTM:Short Buildup, ITM:Short covering, FAR OTM:Short Buildup
11/11/2022 BANKNIFTY SUPPORT AND RESISTANCE ZONEHello Guys,
Good Morning Everyone,
As per data today Banknifty will open with a big gap up now we have two option for trade
* If banknifty after a big gap up sustain above 7/11/2022 high and sustain above then open target for 42200 - 424000
* Either banknifty not sustain above the the 41950 then may be moving between 41950 to 41600
NiftyBank Futures Key Trading Levels for 11th Nov 2022NiftyBank Futures Key Trading Levels for 11th Nov 2022
Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying
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.
NiftyBank Futures Key Trading Levels for 10th Nov 2022NiftyBank Futures Key Trading Levels for 10th Nov 2022
Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying
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.
Tomorrow banknifty level We can expect some gap down opening in banknifty. Soo we have the same plan watch the opening candle in 5m tym if nxt candle can give breakout in any side up or down go with it .
Buy banknifty above 41522
Target 41625 41733 41850
Sl 41410
Sell Banknifty below 41695
Target 41620 41520 41410 41298
Sl 41730
09/11/2022 BANKNIFTY SUPPORT AND RESISTANCE ZONEHello Guys,
Good Morning Everyone,
Now banknifty making higher high formation so market in positive now
*If banknifty sustain last day high above 41780 then focus for long 42000 - 42200
* Either break the trend line and break the higher high formation and sustain below 41400 then focus for short .
* Major level 41400 level
NiftyBank Futures Key Trading Levels for 9th Nov 2022NiftyBank Futures Key Trading Levels for 9th Nov 2022
Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying
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.
07/11/2022 BANKNIFTY SUPPORT AND RESISTANCE ZONEHello Guys,
Good Morning Everyone,
From 24th Oct Banknifty moving in a range 40800 to 41700 major level 41500 and 41100 max time moving in this range .
* If banknifty break last days high 41500 and sustain above the price then focus on long side.
* Either break last day low 41000 and sustain below the low then focus for short
* if banknifty moving in a range then avoid today
Tomorrow banknifty levels According to us tommorow was very imp for us bcz we can expect some big movement in tommorow market see our chart Banknifty was in the rang of right angle triangle. If breakout was happend a good movement was come in bullish side .
Buy banknifty above 41350
Target 41430 41520 41674
Sl 41200
Sell Banknifty below 41250
Target 41180 41060 40940
NiftyBank Futures Key Trading Levels for 7th Nov 2022NiftyBank Futures Key Trading Levels for 7th Nov 2022
Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying
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.
04/11/2022 BANKNIFTY SUPPORT AND RESISTANCE ZONEHello Guys,
Good Morning Everyone,
Banknifty now standing in a middle of the filed .strong support 41200 and strong resistance 41400
*If banknifty break support level then open for 41100 to 408000 level
* Either break the resistance open for 41500 to 41700 level
* if banknifty play between 41200 - 41400 then avoid trade
Tomorrow banknifty levels!!Tomorrow was a very good day to trade if movement was on in market. Banknifty was on in right angle triangle and also in the way of making bullish h&D breakout if it break the triangle with the support of h&D breakout thn we see more bullish in it .
Soo buy banknifty at 41400
Target 41517 41670 41848
Sl 41240
Sell Banknifty below 41245
Target 41165 41040 40943 40830
Sl 41400
NiftyBank Futures Key Trading Levels for 4th Nov 2022NiftyBank Futures Key Trading Levels for 4th Nov 2022
Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying
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.
03/11/2022 BANKNIFTY SUPPORT AND RESISTANCE ZONEHello Guys,
Good Morning Everyone,
As per data Banknifty today will open with a gap up now we have again two option for trade.
*Now banknifty making lower high formation if banknifty taking resistance below 41200 then open target 41800 - 41600
*If Banknifty after a gap down opening break the lower higher formation and sustain above 41200 then need to to break last day high for a up trend. if banknifty not break last day high then may be banknifty today playing in a range
*Major level 41200 level
NiftyBank Futures Key Trading Levels for 3rd Nov 2022 ExpiryNiftyBank Futures Key Trading Levels for 3rd Nov 2022 Weekly Expiry
Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying
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.