Banknifty Intraday Trade Setup,technical analysis |12th Dec 2024Bank nifty moments for option and future trading 12/Dec/2024
BANKNIFTY (53,391) Banknifty is currently in Positive trend. If you are holding long positions then continue to hold with daily closing stoploss . Fresh short position can be initiated if Banknifty closes below 52845 levels.
follow us for more updates information.
message us for any stocks related information.
Bankniftyoption
BUY BANKNIFTY 53000 DEC PE @ 400 - 410 | BANKNIFTY SHORT TRADEBANKNIFTY 53000 PE DEC EXP
BANKNIFTY OPTIONS BUYING TRADE
TIME FRAME RECOMMENDED TO TRACK TRADE: 5 MINS
Hi Traders,
The BankNifty is trading in a range and has been experiencing selling pressure at higher levels over the past 2 sessions. Consider buying the 53000 PE (Put Option) with a December expiry at a price range of 400 - 410. Target levels are set at 480, 540, and 640 with SL @ 340.
Regards,
OptionsDaddy Research Team
Bank Nifty Podcast 27 Aug 2024Took two trades today.
1st trade was taken with 50% risk which means instead of max loss of 1000, I took only 1 lot with 500 risk. The 50% risk was taken because OI data was completely positive and 4 departments were "Bullish".
2nd trade was taken with maximum conviction as the data was positive and 4 departments were "Bullish", but looks like Bank Nifty had some other plans. The market remained sideways for sometime which resulted in decay in the premiums.
Notes:
- Never take any trade even with 50% risk, because sometimes "No trade is also good trade"
- 2nd trade should have been taken with debit spread as next day is expiry and already Bank Nifty had moved more than 200 points.
BANKNIFTY ANALYSIS FOR MONDAY 21ST AUGUST 2023-FOR EDUCATION PURBANKNIFTY ANALYSIS FOR MONDAY 21ST AUGUST 2023-FOR EDUCATION PURPOSE
This video is for educational purpose and my personal view . We are NOT SEBI registered Advisor, we only give the level on our practical trading experience. Kindly take the trade according to your risk and reward position and consulting your advisor. It is advisable to take the advice of SEBI registered advisor.
@vijayanjum
#nse
#nsebse
#Nifty
#niftyfifty
#bankniftytrading
#nfitybank
#niftypredictionfortomorrow
#niftyoptions
#NiftyBank
#nifty50
#nifty500
#niftytomorrow
#niftytoday
#NiftyCE
#bankniftyoptions
#sensex
#sensexindia
#sensextoday
#bankniftytips
#bankniftyanalysis
#bankniftytrading
#bankniftyoptions
#finnifty
#bankniftystrategies
#niftystrategies
#bse#bseindia
#bsesensex
#nsenifty
#nsebse
#nseindia
#STOCKMARKETEDUCATION
#STOCKMARKETUPTODATE
#STOCKMARKETTODAY
#stockmarkets
#tommorrowMarketPrediction
#nfityoutlookfornextweek
#bankniftyoutlookfornext week
#bankniftyoutlookformonday
#niftyforecast
#bankniftyforecast
#niftyshareprice
#bankniftyshareprice
#tommorrowniftyprediction
#tommorrobankniftypredicton
#niftytargettommrrow
#bankniftytargettommrrow
#bankniftylive
#banknifty
#bankniftyoptions
#bankniftystrategies
#bankniftyfuture
#bankniftyoptionstrategy
#bankniftycalls
#bankniftyintraday
#bankniftylivetrading
#bankniftyweeklyexpiry
#bankniftycrash
#bankniftytomorrow
#bankniftypredictions
#bankniftychart
#bankniftytips
#bankniftypremium
#bankniftyoptions
#bankniftyfuture
#bankniftytomorrowprediction
#bankniftyoption
#niftyweeklyexpiry
#stockmarketinindia
#derivatives
#niftypredictions
#niftytips
#bank nifty analysis,
#bank nifty prediction for tomorrow,
#bank nifty analysis
#bank nifty tomorrow,
#nifty prediction for tomorrow,
#nifty prediction,
#nifty analysis,
#banknifty tomorrow,
#bank nifty tomorrow analysis,
#nifty tomorrow,
#bank nifty analysis for tomorrow,
#nifty analysis for tomorrow,
#stock market crash,
#stock market latest news today,
#bank nifty live,
#live trading bank nifty,
#nifty live trading,
#live trading,
#bank nifty live trading
#OPTIONS
#OPTION
#optionbuying
#optiontrader
#optionselling
#optiontrading
#optionstrategey
#optioncall
#optionput
#optionexpiry
Bearish Trend in 1 Hour Time FrameBearish Trend in 1 Hour Time Frame: The Bank Nifty is showing a downward or bearish trend in the 1-hour time frame.
Impulse Wave (A) : The market went through a series of five price moves: i, ii, iii, iv, v. This is a typical pattern of an impulse wave, where prices move strongly in the direction of the main trend.
Correction Phase (B) : After the strong downward movement of impulse wave A, the market is likely going through a corrective phase, labeled as wave B. This correction consists of three smaller moves: (a), (b), (c).
New Impulse Wave (C) : Following the correction, the market is forming another impulse wave, called wave C. This wave has three sub-moves: i, ii, iii.
Wave i, ii, iii of C : These are the first three parts of the new impulse wave. They continue the overall downward trend.
Wave iv of C : The market is currently in wave iv of the new impulse wave C. This wave has two parts: (a) and (b).
Future Expectation : After completing wave iv of C, the market is expected to continue downward and complete wave v of C. This would mark the completion of the larger impulse wave C and could potentially signal the end of the current corrective phase.
Keep in mind that Elliott Wave Theory involves interpreting patterns, and its accuracy can vary. Market movements are influenced by numerous factors, so it's wise to consider other forms of analysis and factors before making trading decisions.
Disclaimer: The following explanation is based on a technical analysis approach known as Elliott Wave Theory. This theory involves interpreting patterns in financial markets, but its accuracy can vary, and it's important to note that markets are influenced by a multitude of factors. Trading and investment decisions should not be solely based on this analysis, and it's advisable to consider a variety of factors, including fundamental analysis, economic data, news events, and risk management strategies. Past market behavior is not indicative of future performance.
BANKNIFTY ANALYSIS FOR FRIDAY 11TH AUGUST 2023-FOR EDUCATION PURBANKNIFTY ANALYSIS FOR FRIDAY 11TH AUGUST 2023-FOR EDUCATION PURPOSE
This video is for educational purpose and my personal view . We are NOT SEBI registered Advisor, we only give the level on our practical trading experience. Kindly take the trade according to your risk and reward position and consulting your advisor. It is advisable to take the advice of SEBI registered advisor.
@vijayanjum
#nse
#nsebse
#Nifty
#niftyfifty
#bankniftytrading
#nfitybank
#niftypredictionfortomorrow
#niftyoptions
#NiftyBank
#nifty50
#nifty500
#niftytomorrow
#niftytoday
#NiftyCE
#bankniftyoptions
#sensex
#sensexindia
#sensextoday
#bankniftytips
#bankniftyanalysis
#bankniftytrading
#bankniftyoptions
#finnifty
#bankniftystrategies
#niftystrategies
#bse#bseindia
#bsesensex
#nsenifty
#nsebse
#nseindia
#STOCKMARKETEDUCATION
#STOCKMARKETUPTODATE
#STOCKMARKETTODAY
#stockmarkets
#tommorrowMarketPrediction
#nfityoutlookfornextweek
#bankniftyoutlookfornext week
#bankniftyoutlookformonday
#niftyforecast
#bankniftyforecast
#niftyshareprice
#bankniftyshareprice
#tommorrowniftyprediction
#tommorrobankniftypredicton
#niftytargettommrrow
#bankniftytargettommrrow
#bankniftylive
#banknifty
#bankniftyoptions
#bankniftystrategies
#bankniftyfuture
#bankniftyoptionstrategy
#bankniftycalls
#bankniftyintraday
#bankniftylivetrading
#bankniftyweeklyexpiry
#bankniftycrash
#bankniftytomorrow
#bankniftypredictions
#bankniftychart
#bankniftytips
#bankniftypremium
#bankniftyoptions
#bankniftyfuture
#bankniftytomorrowprediction
#bankniftyoption
#niftyweeklyexpiry
#stockmarketinindia
#derivatives
#niftypredictions
#niftytips
#bank nifty analysis,
#bank nifty prediction for tomorrow,
#bank nifty analysis
#bank nifty tomorrow,
#nifty prediction for tomorrow,
#nifty prediction,
#nifty analysis,
#banknifty tomorrow,
#bank nifty tomorrow analysis,
#nifty tomorrow,
#bank nifty analysis for tomorrow,
#nifty analysis for tomorrow,
#stock market crash,
#stock market latest news today,
#bank nifty live,
#live trading bank nifty,
#nifty live trading,
#live trading,
#bank nifty live trading
BANKNIFTY ANALYSIS FOR FRIDAY 12TH MAY FOR EDUCATION PURPOSEIf bank nifty sustain the level of 43500 and spend time, cross above 43600 then 43700-43800-43900
If bank nifty break down the support level of 43500 and spend time, cross down 43300 then bank nifty 43200-43100-43000
This video is for educational purpose and my personal view .
Kindly take the trade according to your risk and reward position and consulting your advisor.
PE Sellers Activate Zone 03/02/2023 NSE:BANKNIFTY
Expiry day is over, I hope everyone must have made a lot of profit.
Friday 03/02/2023 Trading condition -
---------------------------------------------
Bankninfty GapUp Open their Resistance level 41100 and making negative candle on top , We expected Banknifty kiss 40900 Support level /Target.
Stoploss Rsistance level.
Thankyou and keep learning.💚
Nifty Bank Levels & Strategy for 06/Dec/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: Options data indicating mild bullishness. Smart money/big players are adding bullish positions. However, as a retail investor, we should continue to book profit near new lifetime high & wait for good trade setup/good buy on dips opportunities.
Red Flags to keep in mind for coming days:
1.Today, RBI meeting started. Reserve Bank of India (RBI) is likely to go ahead with another rate hike (approx. 0.25%) on Dec-07 then what will happen in banking stocks?????
2.USA Fed meeting (next week). Another rate hike of 0.75% is likely to happen.
3.Gujrat results on Dec-08. Exit-poll stuff started today evening.
Is volatility likely to grow in coming days????? Please trade carefully with hedged positions (overnight)/strict SL (intraday)
Please find below scorecard, PCR update & options statistics for your reference:
BANK NIFTY SCORECARD DATED 05/DEC/2022
BANK NIFTY IS UP BY 229 POINTS
Name Price Previous Day Change % Change
Bank Nifty 43333 43104 229.20 0.53%
India VIX 13.73 13.45 0.28 2.10%
OPTION STATISTICS BASED ON 08/DEC/2022 EXPIRY DATA
Max OI (Calls) 43500 (Open Interest: 2402925, CE LTP: 162.15)
Max OI (Puts) 43000 (Open Interest: 3428300, PE LTP: 109.2)
PCR 1.08 (PCR is in buying Zone)
Bank Nifty Calls:
ATM: Long Buildup, OTM:Long Buildup, ITM:Short covering, FAR OTM:Long Buildup
Bank Nifty Puts:
ATM: Short Buildup, OTM:Short Buildup, ITM:Short Buildup, FAR OTM:Short Buildup
Nifty Bank Levels & Strategy for 05/Dec/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: Options data indicating mild weakness. FIIs are super bearish & Retail traders are super bullish. Retail traders should be trading carefully near lifetime high levels & hedge their overnight positions. Wait patiently & trade only good quality trade setup with decent R:R.
Please find below BANK NIFTY scorecard, PCR update & options statistics for your reference:
BANK NIFTY SCORECARD DATED 02/DEC/2022
BANK NIFTY IS DOWN BY -157 POINTS
Name Price Previous Day Change % Change
Bank Nifty 43104 43261 -156.90 -0.36%
India VIX 13.45 13.36 0.09 0.67%
OPTION STATISTICS BASED ON 08/DEC/2022 EXPIRY DATA
Max OI (Calls) 43000 (Open Interest: 3056650, CE LTP: 333)
Max OI (Puts) 43000 (Open Interest: 2718500, PE LTP: 191)
PCR 0.71 (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: Long Buildup, OTM:Short Buildup, ITM:Long Buildup, FAR OTM:Short Buildup
Bank Nifty Levels & Option Data for 02/Dec/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.
Please find below BANK NIFTY scorecard, PCR update & options statistics for your reference:
BANK NIFTY SCORECARD DATED 01/DEC/2022
BANK NIFTY IS UP BY 30 POINTS
Name Price Previous Day Change % Change
Bank Nifty 43261 43231 29.65 0.07%
India VIX 13.36 13.81 -0.45 -3.24%
OPTION STATISTICS BASED ON 08/DEC/2022 EXPIRY DATA
Max OI (Calls) 43500 (Open Interest: 1701500, CE LTP: 200)
Max OI (Puts) 43000 (Open Interest: 1289625, PE LTP: 189)
PCR 0.8 (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 Buildup, FAR OTM:Short Buildup
Bank Nifty Levels & Strategy for 01/Dec/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
Every dip is getting bought from last few weeks. Levels are marked on chart & strategy is simple i.e. buy on dips till uptrend is intact & continue to book profit near lifetime high. Today, US market is trading in red & SGX Nifty is trading in red & 100+ points down. Tomorrow morning, gap-down should be a buying opportunity with strict SL. Put premium are very low so we should avoid PE writing. Get into short trade only when support levels are broken convincingly.
Please find below scorecard, PCR update & options statistics for your reference:
BANK NIFTY SCORECARD DATED 30/NOV/2022
BANK NIFTY IS UP BY 178 POINTS
Name Price Previous Day Change % Change
Bank Nifty 43231 43053 177.55 0.41%
India VIX 13.81 13.62 0.19 1.41%
OPTION STATISTICS BASED ON 01/DEC/2022 EXPIRY DATA
Max OI (Calls) 44000 (Open Interest: 4515025, CE LTP: 6.1)
Max OI (Puts) 43000 (Open Interest: 4237425, PE LTP: 38)
PCR 1.01 (PCR is in sideways zone)
Bank Nifty Calls:
ATM: Short covering, OTM:Short Buildup, ITM:Short covering, FAR OTM:Short Buildup
Bank Nifty Puts:
ATM: Short Buildup, OTM:Short Buildup, ITM:Short Buildup, FAR OTM:Short Buildup
Bank Nifty Levels & Strategy for 29/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
Once gap-down was bought instantly amid global issues which is buying indication buying euphoria. Later Bank Nifty moved up but failed to cross previous day high/lifetime high. Profit booking at higher level forced Bank Nifty to closed flat. Shorts are build up in ATM/OTM/ ITM calls & puts except long liquidation in puts which show mild bearishness. Who is making money????? As usual, option writers are really making good money.
Avoid buying euphoria amid ongoing global issues, retails traders should continue wait patiently for good trade setup for identifying buying/selling opportunities. Retail traders must hedge their overnight positions. Please find below scorecard, PCR update & options statistics for your reference:
BANK NIFTY SCORECARD DATED 28/NOV/2022
BANK NIFTY IS UP BY 37 POINTS
Name Price Previous Day Change % Change
Bank Nifty 43020 42984 36.50 0.08%
India VIX 13.57 13.33 0.23 1.74%
OPTION STATISTICS BASED ON 01/DEC/2022 EXPIRY DATA
Max OI (Calls) 43000 (Open Interest: 5644175, CE LTP: 222.7)
Max OI (Puts) 43000 (Open Interest: 4493450, PE LTP: 187.6)
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:Long Liquidation, FAR OTM:Short Buildup