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.
Bankniftyanalysis
[INTRADAY] #BANKNIFTY PE & CE Levels(17/09/2024)Today will be gap up opening in banknifty. After opening expected upside rally upto 52450 level. Banknifty will face resistance near 52450 level. Any strong upside rally expected only above 52550 level. Similarly strong downside rally only expected below 51950 level.
[INTRADAY] #BANKNIFTY PE & CE Levels(16/09/2024)Today will be slightly gap up opening expected in banknifty. After opening if banknifty sustain above 52050 level then possible upside rally upto 52450+ level in today's session. Any downside expected below 51950 level. 51550 will act as a strong support for today's session.
[INTRADAY] #BANKNIFTY PE & CE Levels(12/09/2024)Today will be slightly gap up opening expected in banknifty. After opening if banknifty sustain above 51050 level then possible upside rally upto 51450 level. 51450 level will act as a upside resistance for banknifty. Strong downside fall possible if banknifty starts trading below 50950 level.
[INTRADAY] #BANKNIFTY PE & CE Levels(11/09/2024)Today will be slightly gap up opening expected in banknifty. Possible banknifty open near 51500 level. 51000-51500 level will act as a consolidation zone for banknifty any strong movements only expected after break of this zone. Upside strong 400-500 points rally possible if banknifty starts trading above 51550 level.
[INTRADAY] #BANKNIFTY PE & CE Levels(05/09/2024)Today will be slightly gap up opening expected in banknifty above 51500 level. Due to yesterday's consolidation movements in market there are no major changes in level. If banknifty sustain above 51550 level then only expected upside rally upto 51950+ level in today's session. Downside possible if banknifty starts trading below 51450 level.
[INTRADAY] #BANKNIFTY PE & CE Levels(04/09/2024)Today will be slightly gap down opening expected in banknifty near 51500 level. After opening if banknifty sustain above 51550 level then possible upside rally upto 51950+ level. Downside possible in case banknifty starts trading below 51450 level. Downside 51050 will act as a support for today's session.
[INTRADAY] #BANKNIFTY PE & CE Levels(03/09/2024)Today will be flat or slightly gap up opening expected in banknifty near 51500 level. After opening if banknifty starts trading and sustain above 51550 level then possible upside rally upto 51950+ level. Downside 400-500 points expected in case banknifty starts trading below 51450 level. 51050 level will act as a strong support for today's session.
BANKNIFTY TODAY - Opens with a gap Up, Targets Marked for YouAfter a good upside rally, BankNifty has been on sideways from 2 straight days.
Can the gapup today give it further bullish momentum? Only time will tell.
But, Iam prepared to catch the best trades with this Risological strategy.
Banknift CE buy side setup, it is!
Good luck, folks!
Namaste 🙏
[INTRADAY] #BANKNIFTY PE & CE Levels(29/08/2024)Flat opening expected in banknifty near 51000 support level. Expected upside reversal from this level towards the 51450+ target. In case banknifty gives breakdown and starts trading below 50950 level then possible strong downside fall upto 400-500+ points.
BankNifty Update - Bearish Sign on 15m Chart
On 15m time frame, BankNifty has closed with a red candle at 3:30pm
This is a bearish sign and a confirmation for PE side buying. Tomorrow, we might see a continuation on the down side.
Entry, stop loss and profit targets have been marked for your reference.
All the best!
[INTRADAY] #BANKNIFTY PE & CE Levels(28/08/2024)🔔 Bank Nifty Update for Today:
📊 Expected Opening:
Opening Outlook: Flat
📈 Consolidation Zone:
Range: 51050 - 51450
Bank Nifty is expected to open flat today. The levels between 51050 and 51450 are likely to be a consolidation zone.
📈 Potential Upside Movement:
Strong Rally: Expected if Bank Nifty starts trading above 51550
If Bank Nifty breaks out above 51550, a strong upside rally is anticipated.
📉 Downside Risk:
Major Downside: Only expected if the index breaks down below 50950
Any significant downside is likely only if Bank Nifty gives a breakdown below 50950.
[INTRADAY] #BANKNIFTY PE & CE Levels(27/08/2024)🔔 Bank Nifty Update for Today:
📊 Expected Opening:
Opening Level: Slightly flat near yesterday’s close
📈 Potential Upside Movement:
Primary Upside Target: 51450+
Extended Upside Target: 51950+ (upon breakout above 51550)
Bank Nifty is expected to open slightly flat, near yesterday’s closing level. After the opening, there is a possibility of an upside rally reaching 51,450 or higher. If Bank Nifty breaks out above the 51,550 level, this rally could extend further, potentially reaching up to 51,950.
📉 Support Level:
Strong Support: 51000
The 51000 level will act as a strong support for today’s session, providing a key level to watch in case of any downside movement.