Bankniftyse traders 😊
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🛑 Are seeking for which strike I have to sell then listen here for 1 min
🛑 Selling strikes purely based on India vix
🛑 Short strangle strike's for BANKNIFTY
◽ sell CALL
➡️ Sell 37400 CE with stop loss of 37350 (simply exist from position after breakout of 37350 with is...
only for optionssellers
For those who are seeking for which strike I have to sell
I'm giving strike for selling both CE and PE (short strangle) purely based on India vix volatility index
Sell CALL option 37600 CE anywhere between 37100-37350 and exist from it if breakout 1st resistance level 37450-37500 level (stop loss strike for call selling)
After giving breakout last week banknifty is managed to closed on a good note.
and now heading towards 40000.
One day closing above 38160 till take Banknifty to 38770, 38950.
One day closing below 37150 will take Banknifty to 36950, 36550, 36290
As we can see INDIA VIX is rising so chances of a dip is very high.
This dip is possible before 1st week of...
BankNifty Prediction and Analysis For Tomorrow
Bank Nifty Spot Levels to watch out for trading on 10th Aug 2021
1. Price breaks out of 36160 and retests the level again is good support to go long
2. Gap down opens below 35670 and stays below 35670 for some time and retested back the 35670 levels is a good resistance zone...
Bank Nifty Spot Levels to watch out for trading on 6th Aug 2021
1. Price breaks out of 36025 and retests the level again is good support to go long
2. Gap down open but takes support near 35685 will act as good support to go long again
1. Gap down opens below 35670 and stays below 35670 for some time and retested back...
Hope you all are doing good..
Friends here we have bank nifty analysis for 26th July 2021.
Friends as we can see clearly in the chart that bank nifty closed below its resistance which is near 35100.. In the last trading session we saw bank nifty tried to taste 35100 level and achieved previous day high that is 35088 which is near 35100..So here are...
hello friends , lets analyze Bank Nifty.
As we have seen so called not so high not so low sessions since 4th June . We expect a bearish momentum in coming session.
The reasons are : 1) Relative strength index divergence
2) Kind of Double Top pattern (which has not concluded yet)
3) Un-windings in Long and new...
Trade Wisely And Smartly .
Clearly the trend is bearish small bounces may occur , but overall market is in panic mode.
Stay wise Buy on dips wont work, use option strategies to hold overnight.
Dont go for naked option buy or sell.
The levels are given ,which can be seen in todays session or tomorrow.
The on going wave'A' will be completed by this week.Now the final 5th wave is extending...
Today(07/04/21) we have RBI policy results at 2.00pm...
Let's Check How much Damage to bank nifty put writters...
COVER all your longs on the expiry day(25/3/21) , ELLIOT wave count tells me that after c4 (34900) there will be swift c5 to unfold upto 31500.
Reason ; c3 is extended more than 1.618 times of c1
Conformation;c4 should not get into c1 trough ,RED LINE
Banknifty has broken the major trendline. However, it has strong support zone near 36500 levels.
Shorting opportunity once it breaks 36500 strongly.
Let it break this level and when it retest, you can short Banknifty near 36500. However, you can also short if you found rejection candle near the downward trend line.
BankNifty in crucial zones
Long Setup: If BankNifty breaks trendline, then look for possible long opportunity.
I will wait for Banknifty to test the trendline or come to blue area once it breaks.
Short Setup: If BankNifty gives break out the blue zone, then you might expect downtrend to continue further.
I will wait for...