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Bankniftyoptions

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.
NSE:BANKNIFTYLong
by gupshupblog
Bank Nifty Podcast 13 Sep 2024There were three setups available, out of which two setups were taken based on Option Chain Data. Setup #2 - Stoploss Hit, although the Changing in OI data was positive and all the four departments were "Bullish". Setup #3 - I was ready to take another trade on CE side, due to data being highly positive. --------- Notes: - Taking trade without data is risky, as even with 50% risk the stoploss increases the loss as equal as taking 100% complete trade. So I would always avoid such trade and hold my nerves to avoid FOMO of getting into any such trades.
NSE:BANKNIFTYLong
by gupshupblog
[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.
NSE:BANKNIFTY
by TradZoo
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.
NSE:BANKNIFTY
by gupshupblog
Bank Nifty Podcast 23 Aug 2024Total three trades were taken . 1st trade was taken on 5minute timeframe when the candle reverses from the OI line and closed with 1:1 Target 2nd trade was taken on Podcast Setup , closed the trade with stoploss. Although the OI data was positive, but the 4 department was neutral, where 2 department was showing Bullish and 2 department was showing bearish. 3rs trade was again taken on Podcast setup and closed with 1:1 target. Notes: - There were 3 trades based on 5minute timeframe from the OI line 51000, but I took only the one before 10AM.
NSE:BANKNIFTYShort
by gupshupblog
Bank Nifty Podcast 22 Aug 2024Two trades were taken today. 1st trade was on Gap up/down strategy, here the profit was booked early due to thick line which is the OI line 51000, where there was early rejection and strong resistance from the Call Side. 2nd trade was purely based on Podcast levels with Data positive and 4 department of OI being positive, still the Bank Nifty moved in the another direction and stoploss was hit. Notes: - Gap up/down Strategy needs to be taken if there's enough space based on ATR lines and OI lines or any thick Lines. Although this isn't mandatory, but good to follow. - OI change needs to be checked in realtime, and since NIFTY was on opposite direction of the trade, a straddle of both Bank NIFTY and NIFTY would have worked in the favor. Optional: - Straddle setup at the ATM strikes when NIFTY OI data is positive and Bank NIFTY data is negative or vice versa on both of the indices. - Profit/Loss with 1 lot : Rs.2,000/- - Setup only when the data becomes opposite to each other - Close only when the market closes or profits or stoploss is seen in total MTM - Margin Required for both the straddle setup is 2L
NSE:BANKNIFTY
by gupshupblog
Banknifty_Intraday (11-0Jul-2024)The image displays a 30-minute intraday chart for the Bank Nifty index. Here are the key details: Date: The data is for July 11, 2024. Index Levels: The Bank Nifty index is shown at a closing price of 52,217.30, up by 42.90 points. Technical Analysis Features: EMA: The chart includes a 20-period Exponential Moving Average (EMA) shown at 52,266.22. Fibonacci Retracement Levels: Notable Fibonacci retracement levels from recent peaks and troughs are marked, with specific levels labeled such as 0.751, 0.799, 0.94, and 1.003. Trading Signals: -Buy Signal: A green arrow suggests buying above 52,350 with a target of 53,700+. -Sell Signal: A red arrow indicates selling below 52,000 with a target of 52,000 or lower.
NSE:BANKNIFTY
by Praveenmor7
Banknifty Intraday (09-Jul-2024)Description: Join us for intraday trading analysis on BANKNIFTY. We've marked significant buy and sell targets based on the latest price movements and EMA trends. Buy Signal: If BANKNIFTY breaks above 52,700, consider going long with a target of 53,200+. This is indicated by the potential support break and bullish momentum. Sell Signal: Alternatively, a move below 52,275 could signal a selling opportunity, aiming for a target just below 52,000. Chart Details: -Time Frame: 15 minutes -Indicator: 20-period Exponential Moving Average (EMA) Trading Strategy: The strategy revolves around the key psychological levels marked on the chart. We recommend setting tight stop-loss orders to manage risk effectively. Disclaimer: Trading involves risk and is not suitable for all investors. Please perform your own due diligence before making any trading decisions.
NSE:BANKNIFTY
by Praveenmor7
Banknifty Intraday (08-Jul-2024)The chart you provided is a 15-minute intraday chart for Bank Nifty with trading levels and strategies for July 8th. Here’s a breakdown of the key points on the chart: Buy Signal: -Buy above 52800 -Target: 53200+ Indicated by a green arrow pointing upwards. Sell Signal: -Sell below 52400 -Target: 52000- -Indicated by a red arrow pointing downwards. Resistance Levels: -Around 53,213.55 -Around 53,100.00 Support Levels: -Around 52,587.14 (EMA 20 close) -Around 52,810.25 -Around 52,395.60 -Around 52,015.85 Current Price: Bank Nifty is at 52,633.15, showing a slight decrease (-0.10%).
NSE:BANKNIFTY
by Praveenmor7
Banknifty Intraday (05-Jul-2024)-Date and Time: The chart covers intraday trading for July 3 and July 4, 2024. -Price Data: It displays open, high, low, and close prices for each 15-minute interval. -Exponential Moving Average (EMA): A 20-period EMA is plotted, which helps to determine the trend direction over these periods. Trading Instructions: -Buy Signal: An instruction to buy above 53,250 with a target of 53,600 or more. -Sell Signal: An instruction to sell below 52,800 with a target of 52,400. The annotations and arrows help to visually guide a trader on potential entry points for buying or selling based on the specified price levels.
NSE:BANKNIFTY
by Praveenmor7
Banknifty Intraday (04-Jul-2024)Chart for the Nifty Bank Index on a 15-minute timeframe for July 4th includes the following key changes and details: -Buy Above 53250 with a target of 53600+. -Sell Below 52800 with a target of 52400-. -Current price remains around 53042.15. Key support and resistance levels: -Resistance around 53213.55. -Support around 52810.25 and 52395.60. The 20-period Exponential Moving Average (EMA) is displayed at 53020.90. This chart provides updated trading levels for entering buy or sell positions, adjusting the targets based on the latest price movements and technical analysis.
NSE:BANKNIFTY
by Praveenmor7
Banknifty Intraday (02-Jul-2024)An intraday trading chart for the Bank Nifty Index dated July 2nd, captured in 15-minute intervals. Here are the specific elements depicted in the chart: Candlestick Format: The chart uses candlestick bars to display price movements within each 15-minute period, indicating the open, high, low, and close prices. Exponential Moving Average (EMA): There is a blue line representing the 20-period EMA, which helps in identifying the trend's direction and acts as a dynamic level of support and resistance. Trading Signals: -Buy Signal: Marked by a green arrow, it suggests buying if the Bank Nifty exceeds 52,700, with a potential target of 53,000 or higher. -Sell Signal: Indicated by a red arrow, recommending selling if the index falls below 52,400, aiming for a target of around 52,100. Technical Analysis Overview: The chart details the intraday price action of the Bank Nifty index, illustrating a momentary downward trend followed by a recovery that aligns with the 20-period EMA. Trading suggestions are based on breaks from significant price levels denoted by the dashed lines, likely serving as psychological barriers or pivot points.
NSE:BANKNIFTY
by Praveenmor7
1 JULY 2024 BANKNIFTY SUPPORT AND RESISTANCE LEVELSGood Morning everyone, According to the data today market is going to open gap down Focus to buy above 52000 if sustain above 52000 focus for reversal After A gap down opening if Banknifty sustains Above 52000 and takes Support from 52000 then open target for T1-52200, T2-52300,T3-52500 If the Banknifty gap down opening sustains Below 51900 and takes resistance below 51900 then the open Targets for T1-51800, T2-51700,T3-51500 Major Levels 52200,51900,52400 If the market stands in this area of 52000 to 51900 then it is possible that even today the market will remain in the range.
NSE:BANKNIFTYLong
by mr_bull10
Banknifty Intraday (26-06-2024)Price Levels: The Bank Nifty is trading at 52,630.15, with the high and low for the session being 52,746.50 and 52,599.25, respectively. Exponential Moving Average (EMA): A 20-period EMA is plotted on the chart with a value of 52,387.34. Support and Resistance Levels: The chart displays several horizontal lines indicating key levels: 52,671.65 52,500.75 52,028.45 Trading Signals: Buy Signal: "Buy Above 52,800; Target 53,250+" indicated by a green arrow pointing upward. Sell Signal: "Sell Below 52,450; Target 52,000-" indicated by a red arrow pointing downward. No Trade Zone: A highlighted area labeled "No Trade Zone" between the levels of 52,500.75 and 52,671.65 suggests that no trades should be taken within this range. The chart is likely used for intraday trading strategies, providing specific levels to enter buy or sell positions based on the Bank Nifty's price movements.
NSE:BANKNIFTY
by Praveenmor7
25 JUN 2024 BANKNIFTY SUPPORT AND RESISTANCE LEVELSHello Guys, Good Morning everyone, According to the data today market is going to open a gap down After A gap down opening if BankNifty sustains Above 51200 and takes Support from 51200 then open target for T1-51400, T2-51500,T3-51600 If the BankNifty gap down opening sustains Below 51200 and takes resistance below 51200 then the open Targets for T1-51100, T2-51000,T3-50900 Major Levels 51500,51600,51700 If the market stands in this area of 51400 to 51600, then it is possible that even today the market will remain in the range.
NSE:BANKNIFTYLong
by mr_bull10