Weekly analysis 5th Jan 2025 | Nifty | Bank Nifty Weekly analysis 5th Jan 2025 | Nifty | Bank Nifty | Amber Enterprises | TI
BANKNIFTY trade ideas
BANK NIFTY S/R for 6/1/25Support and Resistance Levels:
Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline.
Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased selling interest. They act like a ceiling where sellers come in to push prices down.
Breakouts:
Bullish Breakout: When the price moves above resistance, it often indicates strong buying interest and the potential for a continued uptrend. Traders may view this as a signal to buy or hold.
Bearish Breakout: When the price falls below support, it can signal strong selling interest and the potential for a continued downtrend. Traders might see this as a cue to sell or avoid buying.
MA Ribbon (EMA 20, EMA 50, EMA 100, EMA 200) :
Above EMA: If the stock price is above the EMA, it suggests a potential uptrend or bullish momentum.
Below EMA: If the stock price is below the EMA, it indicates a potential downtrend or bearish momentum.
Trendline: A trendline is a straight line drawn on a chart to represent the general direction of a data point set.
Uptrend Line: Drawn by connecting the lows in an upward trend. Indicates that the price is moving higher over time. Acts as a support level, where prices tend to bounce upward.
Downtrend Line: Drawn by connecting the highs in a downward trend. Indicates that the price is moving lower over time. It acts as a resistance level, where prices tend to drop.
Disclaimer:
I am not a SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. Consider the broader market context and consult with a qualified financial advisor before making investment decisions.
Bank Nifty longBANK NIFTY
MTF Analysis
BANK NIFTYYearly Demand 41,829
BANK NIFTY 6 Month Demand 41,829
BANK NIFTYQtrly Demand BUFL 48,450
BANK NIFTYMonthly Demand 49,688
BANK NIFTYWeekly Demand 51,784
BANK NIFTYDaily Demand DMIP 49,960
ENTRY -1 Long 49,960
SL 49,654
RISK 306
Target as per Entry 63,827
Last High 54,467
Last Low 49,787
ENTRY -2 Long 47,871
SL 48,450
RISK -579
Target as per Entry 66,501
Last High 54,467
Last Low 48,450
Banknifty January 2nd Week Analysis Banknifty is looking crucial. Now , if it doesn’t give upside, then it can fall up to 49100. Imp levels on the downside for a probable short covering are 50600, and if we breach this level, then 49100 will be the imp level for bulls. For upside, 51580 will be the imp level, and if we cross this level, this strong upside is expected. All levels are marked in the chart posted.
BANKNIFTY SELL SIGNALFull your bags with profit in right direction , chance to catch the right move with Banknifty
Banknifty next weekHello Friends, Sharing my analysis on banknifty. This includes trend and swing based analysis.
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Head and Shoulders Pattern: Bank Nifty 06/01/2025Head and Shoulders Pattern: Bank Nifty 06/01/2025
Levels ::
Left Shoulder High (LS): 51,300
Head High: 51,700
Right Shoulder High (RS): 51,300
Neckline Level: 51,050
Step-by-Step Breakdown of the Trade
Pattern Formation:
The Bank Nifty chart showed a clear Head and Shoulders pattern:
The left shoulder peaked at 51,300 before retracing to the neckline.
The head formed a higher peak at 51,700, followed by a retracement.
The right shoulder formed a lower peak at 51,300, confirming weakening bullish momentum.
Breakdown and Retest:
The price broke below the neckline at 51,050 and closed lower, confirming the bearish breakout.
A subsequent retest of the neckline at 51,026 validated the resistance.
Measuring the Target:
Pattern Height: Head (51,700) - Neckline (51,050) = 650 points.
Target Projection: Neckline (51,050) - Pattern Height (650) = 50,400
.
Volume Confirmation:
A significant spike in volume accompanied the breakdown, adding credibility to the bearish move.
Trade Setup:
Entry: Sell Below 50,950 (after the neckline breakdown).
Stop Loss: Above the Retest Level: 51,100.
Targets:
Target 1: 50,700 (intermediate support).
Target 2: 50,400 (pattern projection).
Risk-Reward Analysis:
Entry: 50,950
Stop Loss: 51,100 (150 points risk)
Target 1: 50,700 (250 points reward, 1:1.6 RR)
Target 2: 50,400 (550 points reward, 1:3.6 RR)
Execution Plan:
Monitor the price action for continuation below 50,950.
Ensure selling volume remains strong.
Place a stop loss at 51,100 to mitigate risk.
Book partial profits at Target 1 (50,700) and let the remaining position run to Target 2 (50,400).
Key Takeaways:
The Head and Shoulders pattern is a reliable bearish reversal signal when confirmed with volume and retests.
Proper risk management with stop-loss placement above the neckline is critical.
Monitor key support levels (like 50,700) for partial profit booking.
Conclusion: The Head and Shoulders pattern on Bank Nifty offers a high-probability short trade setup. By combining technical analysis with volume confirmation, traders can execute the trade with confidence. Always ensure proper risk management to protect your capital.
Let me know if this works for you on TradingView!
Bank NiftyBank Nifty 5 Min TF and 3 Min TF OB buy side trade setup.
setup 1 : 80 points sl
setup 2 : 50 points sl
This is not a financial advise to trade.
[INTRADAY] #BANKNIFTY PE & CE Levels(03/01/2025)Today will be slightly gap up opening expected in banknifty. After opening if it's sustain above 51550 level then it will continue it's bullish rally towards the 51950 level. 51950 level will act as a resistance for today's session, expected short reversal from this level. If banknifty gives breakout and starts trading above 52050 level then expected further 400-500+ points rally in today's session. Any major downside movement only expected below 51450 level.
BANKNIFTY : Trading levels and Plan for 03-Jan-2024Intro: Previous Day's Plan vs. Actual Chart Movement
In the trading plan for 2-Jan-2025, we highlighted key zones for Bank Nifty, such as the Opening Support/Resistance Zone and the Important Resistance . The actual price movement adhered to the plan, respecting the key levels.
The bullish momentum pushed the price into the profit booking zone . This reinforces the reliability of the outlined levels and the importance of analyzing price behavior in these zones.
Trading Plan for 3-Jan-2025
If Market Opens Gap Up (200+ Points Above Previous Close):
If prices open above the Important Resistance Zone (51,779-51,876) , watch for consolidation in this range. If sustained, it can act as support for an upward move toward the Profit Booking Zone (52,166-52,385) .
In case prices fail to sustain above 51,779, look for signs of a pullback toward the Opening Support Zone (51,605-51,659) .
📈 Action Plan:
Wait for confirmation with a 15-minute candle close above 51,876 before entering long positions.
Use stop loss at 51,779 to manage risk.
📊 Trend Indicators:
Green: Bullish Move Expected.
If Market Opens Flat (Near Previous Close):
Observe price behavior near the Opening Support Zone (51,475-51,571) . Sustained trading above this zone can trigger a recovery move toward 51,779-51,876 .
However, a breakdown below 51,475 could lead to a bearish trend toward the Retracement Level (51,232) .
📈 Action Plan:
For long trades, wait for a breakout above 51,605 with stop loss at 51,475.
For short trades, consider entry below 51,475, targeting 51,232 with a stop loss at 51,571.
📊 Trend Indicators:
Yellow: Sideways Trend Expected.
If Market Opens Gap Down (200+ Points Below Previous Close):
In case of a gap-down opening near 51,232 , watch for price recovery to test the Opening Support Zone (51,475-51,571) . If prices fail to recover and sustain below 51,232, expect further downside.
A bounce back above 51,232 can create an opportunity for a reversal move toward 51,475 .
📈 Action Plan:
For long positions, wait for confirmation of a reversal above 51,232.
For short trades, consider entry below 51,232 with a target of 51,000.
📊 Trend Indicators:
Red: Bearish Move Expected.
Risk Management Tips for Options Trading:
Avoid over-leveraging in volatile market conditions.
Always maintain a risk-to-reward ratio of at least 1:2.
Use stop-loss orders based on 15-minute or hourly candle closes to prevent large losses.
Adjust position sizing to suit your risk appetite and market volatility.
Summary and Conclusion:
The key levels for Bank Nifty on 3-Jan-2025 are:
Resistance: 51,779-51,876 and 52,166-52,385.
Support: 51,475-51,571 and 51,232.
Understand the trend based on price action in these zones:
Green for bullish opportunities, Yellow for consolidation, and Red for bearish trends.
Trade cautiously and stick to the plan for optimal results.
Disclaimer:
This trading plan is for educational purposes only. I am not a SEBI-registered analyst. Please consult your financial advisor before making any trading decisions.
BANK NIFTY S/R for 3/1/25Support and Resistance Levels:
Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline.
Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased selling interest. They act like a ceiling where sellers come in to push prices down.
Breakouts:
Bullish Breakout: When the price moves above resistance, it often indicates strong buying interest and the potential for a continued uptrend. Traders may view this as a signal to buy or hold.
Bearish Breakout: When the price falls below support, it can signal strong selling interest and the potential for a continued downtrend. Traders might see this as a cue to sell or avoid buying.
MA Ribbon (EMA 20, EMA 50, EMA 100, EMA 200) :
Above EMA: If the stock price is above the EMA, it suggests a potential uptrend or bullish momentum.
Below EMA: If the stock price is below the EMA, it indicates a potential downtrend or bearish momentum.
Trendline: A trendline is a straight line drawn on a chart to represent the general direction of a data point set.
Uptrend Line: Drawn by connecting the lows in an upward trend. Indicates that the price is moving higher over time. Acts as a support level, where prices tend to bounce upward.
Downtrend Line: Drawn by connecting the highs in a downward trend. Indicates that the price is moving lower over time. It acts as a resistance level, where prices tend to drop.
Disclaimer:
I am not a SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. Consider the broader market context and consult with a qualified financial advisor before making investment decisions.
banknifty again retest all time highNSE:BANKNIFTY
note: don't trade this suggestion, please trade with your own responsibility
is banknifty looking upside?NSE:BANKNIFTY
long oppertunity in banknifty
note: don't trade with this suggestion, please trade with ur own responsibility.
NIFTY BANK BUY OPPERTUNITY SOON?NSE:BANKNIFTY
marked support and resistance levels based on chart
Note: only educational purpose, please trade only by your own responsibility.
NIFTYBANK for 6th sepNSE:BANKNIFTY
marked support and resistance levels based on chart.
NOTE- Only for Education Purpose. This is not any kind of Trading advice I am giving by this analysis.
BNF 200EMA SupportBNF has taken 200 EMA support and bounced
Support 50482
RSI crossed 40 on Daily basis
Expected level 51583
[INTRADAY] #BANKNIFTY PE & CE Levels(02/01/2025)Today will be gap up opening expected in banknifty. After opening if it's sustain above 51050 level then expected upside rally upto 51450+ level and this can be extend for further 400-500+ points in case banknifty starts trading above the 51550 level. Any major downside now only expected if banknifty not sustain above level and starts trading below 50950. Downside 50550 level will act as a strong support for today's session.
bank nifty still show berish pressureHello,
as per bank nifty chart analysis,still selling pressure in bank nifty. if bank nifty goes down 50617 than selling pressure show in bank nifty.
watch our level.next few days our level come.
BANKNIFTY : Trading plan and levels for 02-Jan-2025WISH YOU ALL A VERY HAPPY NEW YEAR 2025
Introduction
In the previous trading session (1-Jan-2025), we identified critical levels, including the Golden Retracement Zones for buyers and sellers, along with significant support and resistance areas. The actual price action aligned closely with the outlined plan, particularly near the Opening Support/Resistance Zone at 51,096, where price consolidated (yellow trend) before making a move. Trends in the chart followed the predicted behavior: green trends indicated bullish moves, red trends reflected bearish momentum, and yellow zones suggested a sideways market.
Trading Plan for 2-Jan-2025
Gap-Up Opening (200+ points)
If Bank Nifty opens above 51,232 (Opening Resistance), monitor the first 15-minute candle for confirmation.
Sustaining above 51,232 may lead to a bullish move targeting the Golden Retracement Zone for Sellers at 51,659.
Profit booking is advised in the zone between 51,500–51,659, as this area could act as a strong resistance.
If price struggles to hold above 51,232, expect a pullback towards 51,096 (Opening Support/Resistance Zone).
Place a stop loss below 51,096 to manage risk and protect gains.
Flat Opening
If Bank Nifty opens flat near 51,096, observe whether it breaks out above 51,232 or breaks down below 50,902 (Golden Retracement Zone for Buyers).
A breakout above 51,232 indicates bullish momentum towards 51,659. Follow the gap-up scenario for targets and stop loss placement.
A breakdown below 50,902 may result in bearish momentum, targeting 50,665 and eventually 50,235 (Buyer's Support).
Avoid trading within the Opening Support/Resistance Zone unless a clear breakout or breakdown occurs.
Wait for a confirmation candle to reduce the risk of false breakouts.
Gap-Down Opening (200+ points)
If Bank Nifty opens below 50,902, observe the first 15-minute candle to determine whether the price sustains.
Sustaining below 50,902 may lead to a bearish move, targeting 50,665 and further towards 50,235 (Buyer's Support).
If the price bounces back above 50,902, anticipate a recovery towards 51,096. Monitor this zone for possible reversals or continuation.
Place a stop loss above 50,902 for short trades to manage risk effectively.
Avoid entering trades impulsively; let the levels guide your decisions.
Risk Management Tips for Options Trading
Utilize stop losses to cap potential losses, especially in volatile markets.
Trade with a defined risk-reward ratio; aim for at least 1:2.
Avoid overtrading; focus on quality setups that align with the plan.
Consider theta decay when holding options overnight or during consolidation phases.
Diversify positions to mitigate single-direction risks and preserve capital.
Summary and Conclusion
The trading plan for 2-Jan-2025 emphasizes a systematic approach based on observed levels and trends. Key areas to watch include 51,232, 51,096, 50,902, and 50,665. Use the outlined scenarios to adapt to the market's opening behavior. Green, yellow, and red trends provide clarity on expected bullish, sideways, and bearish movements, respectively. Adhering to proper risk management principles and executing trades with discipline will increase the likelihood of success.
Disclaimer : I am not a SEBI-registered analyst. This trading plan is for educational purposes only and should not be considered financial advice. Always conduct your own research and consult a professional financial advisor before making trading decisions.
BANK NIFTY S/R for 2/1/25Support and Resistance Levels:
Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline.
Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased selling interest. They act like a ceiling where sellers come in to push prices down.
Breakouts:
Bullish Breakout: When the price moves above resistance, it often indicates strong buying interest and the potential for a continued uptrend. Traders may view this as a signal to buy or hold.
Bearish Breakout: When the price falls below support, it can signal strong selling interest and the potential for a continued downtrend. Traders might see this as a cue to sell or avoid buying.
MA Ribbon (EMA 20, EMA 50, EMA 100, EMA 200) :
Above EMA: If the stock price is above the EMA, it suggests a potential uptrend or bullish momentum.
Below EMA: If the stock price is below the EMA, it indicates a potential downtrend or bearish momentum.
Trendline: A trendline is a straight line drawn on a chart to represent the general direction of a data point set.
Uptrend Line: Drawn by connecting the lows in an upward trend. Indicates that the price is moving higher over time. Acts as a support level, where prices tend to bounce upward.
Downtrend Line: Drawn by connecting the highs in a downward trend. Indicates that the price is moving lower over time. It acts as a resistance level, where prices tend to drop.
Disclaimer:
I am not a SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. Consider the broader market context and consult with a qualified financial advisor before making investment decisions.
banknifty 43500 level soon?NSE:BANKNIFTY
note: don't trade with this suggestion, please trade with your own responsibility.
Bank Nifty Analysis for January 1, 2025Bank Nifty Analysis for January 1, 2025
The Bank Nifty is expected to trade within a sideways range of 50,822 to 50,950. A breakout above 50,950 could indicate bullish momentum, with a potential upside target of 53,700. Conversely, a breakdown below 50,655 may signal bearish pressure, with a downside target of 49,825. Traders are advised to monitor these key levels closely for actionable opportunities.
