Get started

Bankniftyoptions

Bank nifty lowerTF trading strategyNSE:BANKNIFTY : what explained here is a very short term trading strategy at lower time frame without using any indicator. It is very low risk high reward trading strategy. Identify the trend in longer time frame, in this example its 1 hour and trend is bearish. Now switch to one minute time frame 1) - Identify equal highs, the area where price failed to move three or more times. Above the highs will be many buy stops of short sellers. Marked as 1 2) - Allow price to move above and grab all those buy stops. An up candle is followed by many negative candle. This confirms trend resumes to downwards after taking out those stops. Marked as 2 3) - Look for imbalance or FVG ( Fair value gaps) look at the inserted picture in the chart if you don't know what is FVG. Marked as 3 and insert 1. 4) - Place the stop above the FVG box. Marked as 4 5) - Take entry when price breaks below the FVG box. Marked as 5 6) - Profit booking at 15 Minutes TF FVG created on 23.02.23 12.30 pm. Marked as 6 and Insert 2 Will teach you on opposite side trade on another occasion. Do your home work with older chart data until then. Good Luck
NSE:BANKNIFTYShort
by Vasu_devan
Gaps trading This is new post. The post for gaps trading in banknifty. (i) Gaps up. When market open in Gaps up that condition the previous days high Is very important, if the breaks the high it means the the call sellers are More powerful than put sellers. At that point we goes for put buying. (ii) Gaps down. When the market opens in gap down that condition previous days low is Very important,if the market breaks previous days low in upside and sustain up to 15-20min Then we go for call buying.
NSE:BANKNIFTY
by WOLF807
13/02/2023 BANKNIFTY SUPPORT AND RESISTANCE ZONE Hello Guys, Good Morning everyone, According to the data today market Gap-Down is going to open After A Gap-Down opening if Banknifty sustain Above 8th Feb high 41700 and taking Support from 41700 then open target for T1-41860,T2-42000,T3-42200 If the Banknifty after a Gap-Down opening sustain Below last day low 41450 and and taking resistance below 41450 then the open Targets for T1-41300,T2-41100,T3-40900 Major Levels 41700,41500,41600
NSE:BANKNIFTY
by mr_bull10
10/02/2023 BANKNIFTY SUPPORT AND RESISTANCE ZONEHello Guys, Good Morning everyone, According to the data today market Gap-Down is going to open After A Gap-Down opening if Banknifty sustain Above 8th Feb high 41800 and taking Support from 41800 then open target for T1-4200,T2-42200,T3-42400 If the Banknifty after a Gap-Down opening sustain Below last day low 41300 and and taking resistance below 41300 then the open Targets for T1-41000,T2-40800,T3-40700 Major Levels 41600,41500,41400
NSE:BANKNIFTY
by mr_bull10
09/02/2023 BANKNIFTY SUPPORT AND RESISTANCE ZONEHello Guys, Good Morning everyone, According to the data today market Small Gap-Down is going to open After A Small Gap-Down opening if Banknifty sustain Above last day high 41700 and taking Support from 41700 then open target for T1-41900,T2-42000,T3-42200 If the Banknifty after a Small Gap-Down opening sustain Below last day low 41400 and and taking resistance below 41400 then the open Targets for T1-41200,T2-41000,T3-398000 Major Levels 41600,41500,41400
NSE:BANKNIFTY
by mr_bull10