Get started
Nifty Bank IndexNifty Bank IndexNifty Bank Index

Nifty Bank Index

No trades
See on Supercharts
Overview News
Ideas
Discussions Technicals Seasonals Components Options

BANKNIFTY trade ideas

#banknifty - 10th June! NSE:BANKNIFTY NSE:BANKNIFTY1! Understand the chart, observe the analysis, implement while trading: Key Observations: 1. Trendlines: - Resistance Trendline: A descending trendline (sloping down) marks the area where the price faces selling pressure. This indicates a pattern of lower highs. - Support Trendline: An upward-sloping trendline beneath the price indicates where the price finds buying interest. This suggests a slight upward momentum at the support level. 2. Consolidation Zone: - The price is moving within a tightening range between these two trendlines, forming a wedge or triangle pattern. This indicates consolidation, where the market is waiting for a breakout or breakdown. 3. Support Levels: - Key support levels are highlighted at 53,407.75, 53,229.05, 53,057.45, and 52,784.15. These levels represent zones where buyers are likely to step in and prevent further price decline. 4. Resistance Levels: - Resistance levels are marked at 53,679.35, 53,956.65, 54,128.90, and 54,304.25. These are zones where the price may face selling pressure. 5. Current Price Action: - The price is currently at 53,577.70, approaching the descending resistance trendline. This is a critical point because it suggests a decision zone for the next move. Scenarios: 1. Bullish Breakout: - If the price breaks above the descending resistance trendline, it could signal bullish momentum. - Potential targets are the next resistance levels at 53,956.65, 54,128.90, and 54,304.25. 2. Bearish Breakdown: - If the price breaks below the support trendline, it may indicate a bearish trend. - Possible downside targets are the lower support levels at 53,229.05, 53,057.45, and 52,784.15. 3. Neutral Consolidation: - If the price continues to move within the wedge, traders may need to wait for a clear breakout or breakdown before acting. What This Chart Suggests: - The chart highlights decision points for the market, with the wedge pattern indicating an imminent breakout or breakdown. - A breakout above resistance would suggest strength, while a breakdown below support would indicate weakness. Trading Plan: - For Buyers: Wait for a breakout above the resistance trendline and aim for higher resistance levels. - For Sellers: Look for a breakdown below the support trendline and target the lower support zones. Not SEBI Registere.
NSE:BANKNIFTYLong
by thetradeforecast
1
BANKNIFTY - 1 Day Time Frame Analysis📈 NSE:BANKNIFTY - 1 Day Time Frame Analysis This chart shows a classic Inverse Head and Shoulders pattern forming on the daily timeframe of BankNifty. This is a bullish reversal pattern, generally indicating a potential shift from a downtrend to an uptrend. Left Shoulder: Formed around April 23rd–25th, marked by a short-term low. Head: The lowest point in the pattern, formed around May 8th. Right Shoulder: Formed around May 28th, indicating buyers are stepping in earlier, showing strength. The neckline resistance lies near 55,913, which the price is currently testing. A decisive breakout above this level, with good volume, could signal a further upward move towards the higher resistance zones like 56,526, 56,907, and possibly 57,292. Key Support Zones: 55,167 54,791 54,479 Traders may look for a daily candle close above 55,913 for confirmation. Risk management is crucial as a failed breakout may lead to a retest of support levels. TRADE PLAN: 🔹 Entry: On a daily candle close above 55,913 (neckline resistance). Preferably with strong volume confirmation. 🔹 Targets (Upside Levels): Target 1: 56,526 Target 2: 56,907 Target 3: 57,292 🔹 Stop Loss: Below 55,167 (recent support and right shoulder low) Conservative traders can use a tighter stop below 55,400 (previous candle low). 🔹 Risk Management: Use appropriate position sizing (risk only 1-2% of capital). Wait for candle close above breakout level, not just intraday movement. 🔹 Invalidation: If price fails to hold above neckline and breaks below 55,167, pattern becomes invalid. This setup favors bulls as long as price sustains above the neckline. Disclaimer: This analysis is for educational and informational purposes only. Please consult your financial advisor before making any trading or investment decisions.
NSE:BANKNIFTYLong
by thetradeforecast
2
BANK NIFTY🎯 Trade Plans ✅ Entry 1 Plan Parameter Value Entry 55,791 SL 55,408 Risk 383 pts Target 60,296 Reward 4,505 pts RR ~1:11.7 ✅ (Excellent) Bias Strong Long Bias near daily support zone ✅ Entry 2 Plan (Deeper Pullback) Parameter Value Entry 54,054 SL 53,483 Risk 571 pts Target 60,296 Reward 6,242 pts RR ~1:10.9 ✅ (High Conviction) Bias Buy the Dip – In MTF Swap Zone 📌 Strategy Suggestion 🔧 Execution Plan Primary Entry: 55,791 (Active or close) Second Buy Zone: 54,054 (Add if price dips) Stop-Losses: Clearly defined below strong structure Targets: Conservative 56,098, Final 60,296 Trail SL: After 56,098, move SL to cost or 55,500 🧠 Psychological View Your RR is phenomenal. Don't rush. Let price breathe. Think in "zones of opportunity" not pinpoint perfection. Consider booking partials near the last high (56,098), then ride the rest. ✨ Your Setup = Institutional Grade ✅ Multi-timeframe demand confluence ✔️ ✅ GANN logic aligned ✔️ ✅ RR above 1:10 ✔️ ✅ Strong structure, not just signals ✔️ 📊 BANK NIFTY – Full Trade Breakdown 🔍 Multi-Timeframe Demand Zone Confluence Timeframe Zone Type Proximal Distal Avg Trade Zone Yearly Rally-Base-Rally 41,830 32,155 36,993 BUY ✅ Half-Yearly BUFL 41,830 34,018 37,924 BUY ✅ Quarterly BUFL + Rally Base Rally 48,450 44,430 46,440 BUY ✅ Monthly Rally Base Rally 48,161 46,077 47,119 BUY ✅ Weekly-1 DMIP (SOE Engulfed) 52,063 50,795 51,429 BUY ✅ Weekly-2 Swap Zone 53,888 52,265 53,077 BUY ✅ Daily S1 Strong DMIP Support 55,791 55,408 55,600 BUY ✅ Daily S2 Strong DMIP Support 54,054 53,483 53,769 BUY ✅ ✅ Summary: Price is sitting on a Daily Demand cluster backed by strong MTF zones. This is an ideal place for bulls to re-enter. 🔺 GANN Confluence Signal Zone Proximal Distal Average Comment Stay Long Above GANN 55,875 55,307 55,591 ✅ Triggered! Stay Short Below GANN 55,307 55,300 55,304 ❌ Invalidated GANN confirms a long bias, aligning beautifully with your DMIP Daily Zone (55,408–55,791). This adds extra conviction.
NSE:BANKNIFTYLong
by pradyammm
[INTRADAY] #BANKNIFTY PE & CE Levels(05/06/2025)Bank Nifty is opening slightly gap-up around the 55650–55700 zone, hinting at a cautious positive bias. However, the index remains within a well-defined range, and today’s session could act as a trigger for the next directional move. If Bank Nifty sustains above 55600, bullish momentum may build toward 55750, 55850, and 55950+. A breakout above 56050 could further accelerate the upside, potentially targeting 56250 and beyond. However, if the index fails to hold above 55700 and starts reversing, a pullback toward 55600 and 55500 is possible. A breakdown below 55450 would signal weakness and open up downside levels toward 55250, 55150, and 55050, where stronger support is expected.
NSE:BANKNIFTY
by TradZoo
[INTRADAY] #BANKNIFTY PE & CE Levels(04/06/2025)Bank Nifty is expected to open with a gap-up near the 55950 level, which places it at a critical resistance zone. If it sustains above this level, it may extend the bullish momentum toward 55750, 55850, and 55950+, but more importantly, a breakout above 56050 would trigger a fresh upside rally with targets at 56250, 56350, and 56450+. However, if Bank Nifty fails to hold above 55900–55950 and reverses below this zone, a short trade setup may activate, with potential downside targets of 55750, 55650, and 55550. Further weakness can be confirmed only if the index slips below the 55550–55600 support zone, exposing it to 55250, 55150, and 55050 levels.
NSE:BANKNIFTY
by TradZoo
[INTRADAY] #BANKNIFTY PE & CE Levels(03/06/2025)Bank Nifty is expected to open flat around the 55850–55900 zone, continuing near the same levels as the previous session. The index is currently trading in a tight range, indicating potential breakout or reversal zones are nearing. If Bank Nifty sustains above the 55550–55600 zone, bullish momentum could continue toward 55750, 55850, and 55950+. A clear breakout above 56050 would confirm a fresh upward leg, with extended targets at 56250, 56350, and 56450+. On the downside, if Bank Nifty slips below 55900–55950, a minor correction is possible with short targets at 55750, 55650, and 55550. Further weakness would only be confirmed below 55450–55400, exposing the downside to 55250, 55150, and 55050.
NSE:BANKNIFTY
by TradZoo
[INTRADAY] #BANKNIFTY PE & CE Levels(02/06/2025)Bank Nifty is expected to open flat around the 55700–55800 zone. If it manages to sustain above the 55550–55600 breakout zone, the bullish trend is likely to continue with upside targets at 55750, 55850, and 55950+. A further breakout above 56050 may fuel extended gains toward 56250, 56350, and 56450+. On the downside, if Bank Nifty shows weakness and falls below 55900–55950, a short opportunity may arise targeting 55750, 55650, and 55550 zones. A deeper breakdown below 55450–55400 could lead to further downside levels of 55250, 55150, and 55050. The price action currently suggests consolidation within a range, so wait for a decisive breakout or breakdown before entering. Use strict stop-losses and book partial profits at major levels as the session may remain volatile near resistance.
NSE:BANKNIFTY
by TradZoo
BankNifty levels - May 30, 2025Utilizing the support and resistance levels of BankNifty, along with the 5-minute timeframe candlesticks and VWAP, can enhance the precision of trade entries and exits on or near these levels. It is crucial to recognize that these levels are not static, and they undergo alterations as market dynamics evolve. The dashed lines on the chart indicate the reaction levels, serving as additional points of significance. Furthermore, take note of the response at the levels of the High, Low, and Close values from the day prior. We trust that this information proves valuable to you. * If you found the idea appealing, kindly tap the Boost icon located below the chart. We encourage you to share your thoughts and comments regarding it. Wishing you successful trading endeavors!
NSE:BANKNIFTY
by sacxe
BankNifty levels - May 29, 2025Utilizing the support and resistance levels of BankNifty, along with the 5-minute timeframe candlesticks and VWAP, can enhance the precision of trade entries and exits on or near these levels. It is crucial to recognize that these levels are not static, and they undergo alterations as market dynamics evolve. The dashed lines on the chart indicate the reaction levels, serving as additional points of significance. Furthermore, take note of the response at the levels of the High, Low, and Close values from the day prior. We trust that this information proves valuable to you. * If you found the idea appealing, kindly tap the Boost icon located below the chart. We encourage you to share your thoughts and comments regarding it. Wishing you successful trading endeavors!
NSE:BANKNIFTY
by sacxe
[INTRADAY] #BANKNIFTY PE & CE Levels(28/05/2025)Today, Bank Nifty is expected to open flat near the 55350–55400 zone. If it sustains above 55550, bullish momentum can be expected with upside targets of 55750, 55850, and 55950+. If the index starts falling below 55450–55400, it may trigger a bearish move with downside targets at 55250, 55150, and 55050. Further weakness can be seen if Bank Nifty breaks below 54950, leading to extended targets of 54750, 54650, and 54550. On the other side, if Bank Nifty reclaims and sustains above 55050–55100, fresh buying can be considered with potential upside toward 55250, 55350, and 55450+.
NSE:BANKNIFTY
by TradZoo
BANKNIFTY KEY LEVELS FOR 28/05/2025// The core idea behind this indicator was sparked by a simple but powerful clue: // 👉 "Mark one level correctly, and the rest of the price action aligns around it." // From that point onward, everything—the logic, calculation method, and application—has been developed independently through my own analysis and experience. // I am not a seller, and no one taught me this system. This method is a result of my own effort and refinement. ///////////////////// Explanation ///////////////////// // This trading system is designed to eliminate blind trades by offering confirmation-based entry and exit points. ///////////////////// Entry/Exit Strategy ///////////////////// // - Use the BLACK line for long trades, and the RED line for short trades, in line with confirmation from your trading plan. // - Stop Loss: // - For long trades: below the RED line. // - For short trades: above the BLACK line. // - Take Profit: // - For long trades: target the next RED line above. // - For short trades: target the next BLACK line below. ///////////////////// Recommended Timeframe ///////////////////// // Use on a 5-minute chart for best results. ///////////////////// Disclaimer ///////////////////// // This setup is shared purely for educational purposes. // I am not responsible for any gains or losses that may result from its use. // Always use your own judgment and risk management.
NSE:BANKNIFTY
by nandupk
BankNifty levels - May 28, 2025Utilizing the support and resistance levels of BankNifty, along with the 5-minute timeframe candlesticks and VWAP, can enhance the precision of trade entries and exits on or near these levels. It is crucial to recognize that these levels are not static, and they undergo alterations as market dynamics evolve. The dashed lines on the chart indicate the reaction levels, serving as additional points of significance. Furthermore, take note of the response at the levels of the High, Low, and Close values from the day prior. We trust that this information proves valuable to you. * If you found the idea appealing, kindly tap the Boost icon located below the chart. We encourage you to share your thoughts and comments regarding it. Wishing you successful trading endeavors!
NSE:BANKNIFTY
by sacxe
[INTRADAY] #BANKNIFTY PE & CE Levels(27/05/2025)Today, Bank Nifty is expected to open flat near the 55550 level. If it sustains above 55550, we may see further bullish momentum with upside targets of 55750, 55850, and 55950+. This breakout level may trigger strong buying interest. On the downside, if Bank Nifty fails to hold above 55550 and drops below the 55460–55400 zone, then a bearish move may be seen toward 55250, 55150, and 55050 levels. If it slips further below 55100, another buying opportunity may come near the 55050–55100 zone for a possible bounce targeting 55250, 55350, and 55450+.
NSE:BANKNIFTY
by TradZoo
BANKNIFTY KEY LEVELS FOR 27/05/2025// The core idea behind this indicator was sparked by a simple but powerful clue: // 👉 "Mark one level correctly, and the rest of the price action aligns around it." // From that point onward, everything—the logic, calculation method, and application—has been developed independently through my own analysis and experience. // I am not a seller, and no one taught me this system. This method is a result of my own effort and refinement. ///////////////////// Explanation ///////////////////// // This trading system is designed to eliminate blind trades by offering confirmation-based entry and exit points. ///////////////////// Entry/Exit Strategy ///////////////////// // - Use the BLACK line for long trades, and the RED line for short trades, in line with confirmation from your trading plan. // - Stop Loss: // - For long trades: below the RED line. // - For short trades: above the BLACK line. // - Take Profit: // - For long trades: target the next RED line above. // - For short trades: target the next BLACK line below. ///////////////////// Recommended Timeframe ///////////////////// // Use on a 5-minute chart for best results. ///////////////////// Disclaimer ///////////////////// // This setup is shared purely for educational purposes. // I am not responsible for any gains or losses that may result from its use. // Always use your own judgment and risk management.
NSE:BANKNIFTY
by nandupk
BankNifty levels - May 27, 2025Utilizing the support and resistance levels of BankNifty, along with the 5-minute timeframe candlesticks and VWAP, can enhance the precision of trade entries and exits on or near these levels. It is crucial to recognize that these levels are not static, and they undergo alterations as market dynamics evolve. The dashed lines on the chart indicate the reaction levels, serving as additional points of significance. Furthermore, take note of the response at the levels of the High, Low, and Close values from the day prior. We trust that this information proves valuable to you. * If you found the idea appealing, kindly tap the Boost icon located below the chart. We encourage you to share your thoughts and comments regarding it. Wishing you successful trading endeavors!
NSE:BANKNIFTY
by sacxe
Banknifty M15 UptrendEntry: 54395 Target: 55699 Stop Lose:55243 Price action trading is a methodology where traders make decisions based on the interpretation of actual price movements on a chart, rather than relying primarily on lagging indicators. It involves observing and analyzing candlestick patterns, trend lines, support and resistance levels, and volume to identify potential trading opportunities and manage risk. The focus is on understanding the story the market is telling through its price behavior.
NSE:BANKNIFTYLong
by Forexlia
[INTRADAY] #BANKNIFTY PE & CE Levels(26/05/2025)Today, Bank Nifty is expected to open with a gap-up above the 55550 level. If it sustains above this zone, we may see a strong upside rally toward 55750, 55850, and 55950+. This level breakout can trigger bullish momentum for the session. However, if Bank Nifty fails to hold above 55550 and slips below 55450–55400, then a short trade opportunity arises with downside targets at 55250, 55150, and 55050. Further weakness can be expected only if Bank Nifty breaks below 54950, opening downside levels of 54750, 54650, and 54550.
NSE:BANKNIFTY
by TradZoo