BankNifty Levels

已更新

BankNifty is falling channel now on higher time frame it is still bullish, it has created range of 45200 to 44500 this could consolidate here for a while here before resuming higher side again.Anything above 45100 sustains a 400 points upside move expecting ,Lower side big demand zone is there 44500 to 44300 area look for postive price action here to long.

Important levels to act and trade for Monday
44500,44900,45100 (Areas)

註釋

Opened right at Supply zone 45000 area short 44900 target 44800 to 44700 -44650

交易進行

交易結束：目標達成

註釋

Second Entry at day low 44700 area to long

註釋

As Mentioned in my idea 45100 abvove sustains 400 points upside scope is there

註釋

400 Points Captured

註釋

Today 18/07/2023 could be a sideways to bullish move expecting ,Important levels are 45350,45600. Wait for 1 hour to make range then play

交易進行

Bank Nifty made double top in 5 mins time frame second top is lower than first went short day high stop loss
.

交易結束：目標達成

Booked profit at my support level 400 points

註釋

For Wednesday mark last hour high and low levels which are 45500 and 45300 areas if opens flat breaks any of them will fetch 200 points,Important levles to watch for 45700,45500,45300,45100-45000

註釋

First Entry long as mentioned above in my idea last 1 hr of prior session high entry with stop loss day low kept few points buffer

註釋

No momentum today

註釋

Scrapping it exiting no momentum 40 points premium loss today

註釋

Tough day for option buyers

註釋

Bank nifty made a narrow range today for expiry range break out above or below play will give nice ride, do not enguage in today range only break out trade will benefit.

Levels marked with arrows above and below for targets

交易進行

Breakout out of range ,opened at high of yesterday range made double bottom and held after a doji in 5 mins time frame my entry long

交易結束：目標達成

Target done

交易進行

44700 CE Entry

交易結束：目標達成

44700 CE Exit 150 Points captured

註釋

All targets acheived above

註釋

Friday levels to act and trade 46300 and 46000 area, Any reversal from 46300 area play till 46000. Look for positive price at 46000 area to go long again to 46270-46300.

註釋

If breaks the range above or below target for marked arrows in the chart above.

註釋

Failed to go above back into range again of last 1 hour of yesterday ,with Nifty is not supporting entered 3 rd candle below to target 46000 to 45900 area