Bankniftyview
[INTRADAY] #BANKNIFTY PE & CE Levels(15/10/2024)Today will be gap up opening expected in banknifty. After opening if banknifty starts trading above 52050 level then possible strong upside rally of 400-500+ points. 51950 will act as an immediate resistance for banknifty. Downside expected 51550 level if reversal happens at this level. For today session 51550 will act as a strong downside support. Any major downside only expected below this level.
BANK NIFTY - Potential Bullish Move on Bullish Harami Formation
On the daily chart, a Bullish Harami pattern has formed, signaling a potential reversal after the recent downtrend. Here's my plan for this setup:
Entry: I'll be waiting for a 15-minute candle to break above the Entry Zone (51,784.80) . The high of that 15-minute candle will be my actual entry point.
Stop Loss: If any 15-minute candle closes below 50,194.30, I'll exit the trade to protect capital.
Target 1: 52,604.95 (First resistance)
Target 2: 53,375.30 (1:1 risk-reward)
Target 3: 54,965.80 / 54,840.50 (Major resistance area)
I'm watching for a breakout above the entry zone, ideally with strong volume for confirmation. The key here will be holding above the entry zone and making progress toward Target 1. If that happens, I’ll evaluate momentum for potential continuation toward Target 2 and Target 3.
As always, managing risk is crucial. If the price closes below the stop loss level on a 15-minute candle, I'll close the position. Let’s see how this setup plays out!
Disclaimer: This is not any financial advice, and for education purpose only.
BankNifty Long Trade on 15m Time Frame: Strong MomentumWe entered a long trade on BankNifty at 51155.90 on the 11th of October at 2:30 pm. The price has shown solid upward movement, and we have now set a trailing stop at 51,250 to lock in gains as we aim for higher targets.
Target Points:
TP 1: 51248.60 (hit)
TP 2: 51398.65
TP 3: 51548.70
TP 4: 51641.40
Trailing Stop: 51,250
Stop Loss (SL): 51080.85
The bullish trend remains strong, and we will continue monitoring the position for further developments as it approaches the remaining targets.
BANKNIFTY Short Setup after 2700+ Long Trade on RisologicalBANKNIFTY Short Setup after 2700+ Long Trade on Risological
So, finally we see a reversal on Banknifty after a massive rally of 3000+ points out of which we were able to catch about 2750+ points.
The chart looks bearish on 15m time frame and I took a small short, just a bit concerned about any potential sideway move.
Have a look at the chart Ive shared to get the entry, stoploss and profit targets of this BankNifty short trade.
Best regards!
Namaste!
BANKNIFTYNSE:BANKNIFTY
Long trem View of Bank nifty!
I hope it breaks the trendline and sustains !
Finger's crossed
Disclamier : You are responsible for your profits and loss.
The idea shared here is purely for Educational purpose.
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BankNifty Trading SetupBankNifty has been trading within a 400-point range since Monday, Tuesday, and Wednesday, sustaining near its all-time high (ATH). If BankNifty crosses above 54,200 on Thursday and holds above that level for at least 15 minutes, our first target will be 54,400, and the second target will be 54,600.
This is for educational purposes only. We are not SEBI registered.
Stance remains the same Banknifty is bullish after correctionAs mentioned in previous analysis, banknifty might show some correction before continuing the bullish momentum. So I hope nobody was trapped today, as the market was fully sideways, now tomorrow will be a volatile day, a downside move followed by breakout above 54200. For levels check the chart or previous analysis.
BankNifty Today: 2900+ Points Profit Caught on RisologicalBankNifty Today: 2900+ Points Profit Caught on Risological Swing Trader
This is unbelievable!
BankNifty 2900+ Points one side move caught.
We got a confirmed entry at 51,230 and there is no looking back.
Our last take profit target was at 52,147, closed partially on TP4 and continued to hold the other partial position that is currently at 2900+ massive MASSIVE profit!!
For people who have been sending me DMs asking the indicato'r name, it is a paid indicator. Please Google - Risological Swing Trader.
Best regards,
Namaste!
BankNifty 2300+ Points! MASSIVE MOVE Caught Using RisologicalBankNifty 2300+ Points! MASSIV MOVE Caught Using Risological Swing Trader
Guys,
This is UNBELIEVABLE!!!
My biggest BankNifty trade EVER!!!
2300+ points gain in BankNifty feels like direct access to the holy heaven!
Got a clear Entry of this CE side buy trade on 12 Sep 9:15 am at 51,230 price level.
The final profit target was at 880+ points anf I was holding 50% of this position which gave me a whopping 2300+ points of the remaining posiion.
How did I pull this off?
- Use 15m time frame chart
- Buy the monthly contract (not weekly).
- The monthly contracts are costlier, but it pays off in times like this.
- Follow the trend using the Risological swing trader
- You can either exit on every TP levels (Take profit), or
- Close partially on each level.
- Hold 25% of the position till the price reversal happens
- Price reversal means - the candle turning red on a long trade and green on a short trade.
Hope this helps!
Namaste!
[INTRADAY] #BANKNIFTY PE & CE Levels(20/09/2024)Bank Nifty is expected to open with a gap-up today. If Bank Nifty manages to sustain above the 53050 level after opening, we could witness an upward rally toward the 53450 mark. If it breaks the 53550 resistance level, this upward momentum could extend by an additional 400-500 points. However, any potential downside movement is likely only if Bank Nifty falls below the 52950 level, which could signal bearish pressure.
Banknifty Intraday Levels: 20-Sep-24Index fill the previous Gap and move upside , important upside hurdle 53300 breakout can expect more up.
Immediate Support @52800 breakout drag price for downside.
Wait for proper price action at levels for Entry.
Bullish > 53100
Bearish > 52800
Use SL trailing method instead for secure profits.
BankNifty Long Trade 15m TF, 1800+ Points gains on RisologicalBankNifty Long Trade 15m TF, 1800+ Points gains on Risological
Oh man!
Look at this beauty.
Many users on TradingView message me -
"Why dont you trade in lower time frames like 1m or 5m?"
The thing is, indexes like Nifty, BankNifty and other indexes in Options trading are very volatile and no strategy can accurately work in lower time frames, unless you are a tick trader or quick scalper.
Everybody has their own style and preferences when it comes to trading.
I am more comfortable trading Nifty and BankNifty in the 15m because:
My blood pressure doesn't rise during trading the 15m time frame charts
I buy month contracts with at least 15 days to expiry, to catch the big moves like this one.
I religiously follow the Risological swing trading indicator, thus avoiding any emotional trading.
The result is in front of you!
1800+ points and counting!!
Isn't this lovely?
[INTRADAY] #BANKNIFTY PE & CE Levels(19/09/2024)Today will be gap up opening expected in banknifty near 53000 level. After opening if banknifty starts trading above 53050 level then possible strong upside rally of 400-500 points in index. Downside 52550 will act as a strong support for today's session.
BankNifty 1600+ Points Gain in 7 days! Using RisologicalBankNifty CRAZZZZZY Gains using the Risological indicators.
Do I have to say a word?
Massive 1600 points gain, and still looking solid on the 15m time frame.
This is the beauty of trading the options in 15 min time frame.
Yes, you would need more capital compared to the weekly contracts.
I have been trading the Nifty, Banknifty and MidCPNifty in 15m time frame from almost 2 years now, and I have no regrets.
Some points to keep in mind using this Risological strategy:
- Use 15m time frame chart
- Apply Risological swing trader indicator
- Buy monthly contracts, that have at-least 15 days time till expiry.
- Catch big moves
All the best and namaste!
[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.