Posts

05th Jul Banknifty Review

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  Trade logic of 05th Jul 2022 Bank nifty Chart Setup:  I use only Bank nifty indices (Spot) chart i never use the bank nifty options chart (or) bank nifty Futures chart  I use only 5 min time frame i never use other time frame like 3 min, 1 min or Higher time frame 15 min & 30 min To mark the 1st 5 min candle high and low  All above 3 points are set after that only i planned for trading  Indicator :  I use the Camarilla Pivot point indicator "R3" & "S3" (Only the Resistance 3 & Support 3)  1st Trade: Today market open with green candle At 09.40am candle break the 1st 5 min candle high but next candle is red so not perfect pattern At 09.50 Am Green cane take a support at 1st 5min candle high and next candle also green open and close above 1st 5min candle high so it's called perfect 1st 5min candle high breakout pattern Entry candle is 10.30Am candle Traget is next resistance Gap border high of 13th Jun Stop loss was below 09.50 am candle lo...

29th Jun Banknifty

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  Trade logic of 29th Jun 2022 Bank nifty Chart Setup:  I use only Bank nifty indices (Spot) chart i never use the bank nifty options chart (or) bank nifty Futures chart  I use only 5 min time frame i never use other time frame like 3 min, 1 min or Higher time frame 15 min & 30 min To mark the 1st 5 min candle high and low  All above 3 points are set after that only i planned for trading  Indicator :  I use the Camarilla Pivot point indicator "R3" & "S3" (Only the Resistance 3 & Support 3)  1st Trade: Today market open with GAP DOWN open with Red candle 2nd candle try to break the 1st 5min candle low but failed and end with Green candle Next candle 09.25Am candle also green open and close above the 1st 5min candle low it's a perfect Rejection pattern So i decided to Enter into Banknifty PE option Entry time is 09.30AM candle Stop loss was below the low of 09.20AM candle Target was 1st 5min candle High

27th Bank nifty review

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  Trade logic of 27th Jun 2022 Bank nifty Chart Setup:  I use only Bank nifty indices (Spot) chart i never use the bank nifty options chart (or) bank nifty Futures chart  I use only 5 min time frame i never use other time frame like 3 min, 1 min or Higher time frame 15 min & 30 min To mark the 1st 5 min candle high and low  All above 3 points are set after that only i planned for trading  Indicator :  I use the Camarilla Pivot point indicator "R3" & "S3" (Only the Resistance 3 & Support 3)  1st Trade: Today market open with GAP UP with Red candle. When ever market open with GAP i marked the GAP high and low it's called Gap border At 09.45AM candle break the 1st 5min LOW and GAP border high and next candle open and close below the 1st 5min low and Gap border high . So it's perfect Breakout pattern Based on this pattern market movement is downside so i give a call in Banknifty CE option Entry time is 09.55AM candle I place the stop loss high ...

23rd Jun Banknifty Review

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   Trade logic of 23rd Jun 2022 Bank nifty Chart Setup:   · I use only Bank nifty indices (Spot) chart i never use the bank nifty options chart (or) bank nifty Futures chart  · I use only 5 min time frame i never use other time frame like 3 min, 1 min or Higher time frame 15 min & 30 min · To mark the 1st 5 min candle high and low  All above 3 points are set after that only i planned for trading  Indicator :   · I use the Camarilla Pivot point indicator "R3" & "S3" (Only the Resistance 3 & Support 3)  1st Trade: Today market open with Green candle and 1st 5min candle high and Camarilla R3 is same place At 09.20 Am candle break the Camarilla R3 and next candle also open and close above Camarilla R3 and 1st 5min candle high  So it's perfect Camarilla R3 and 1st 5min High breakout pattern and Entry 09.30 Am candle Based on that we entry at Bank nifty CE option Today in my chart so many Pink colour Resistance line above the Camarilla ...

21st Jun 2022 Banknifty Review

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  Trade logic of 21st Jun 2022 Bank nifty Chart Setup:   · I use only Bank nifty indices (Spot) chart i never use the bank nifty options chart (or) bank nifty Futures chart  · I use only 5 min time frame i never use other time frame like 3 min, 1 min or Higher time frame 15 min & 30 min · To mark the 1st 5 min candle high and low  All above 3 points are set after that only i planned for trading  Indicator :   · I use the Camarilla Pivot point indicator "R3" & "S3" (Only the Resistance 3 & Support 3)  1st Trade: Today market open with Red candle and started moving downside but can't break the Camarilla R3 and taking support at camarilla R3 After taking support at camarilla R3 and started moving upside. Today one resistance line are near to 1st 5 min candle high at 09.50 AM candle break the 1st 5 min candle high and Resistance line also Next candle open and close above the resistance line. So it's called perfect 1st 5min candle high and resis...

17th Jun 2022 Banknifty Review

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  Trade logic of 17th Jun 2022 Bank nifty Chart Setup:   · I use only Bank nifty indices (Spot) chart i never use the bank nifty options chart (or) bank nifty Futures chart  · I use only 5 min time frame i never use other time frame like 3 min, 1 min or Higher time frame 15 min & 30 min · To mark the 1st 5 min candle high and low  All above 3 points are set after that only i planned for trading  Indicator :  · I use the Camarilla Pivot point indicator "R3" & "S3" (Only the Resistance 3 & Support 3)  1st Trade: Yesterday market crashed at down side more than 1000 points, so i marked the high and low as a Support and Resistance so 32544 is important Resistance 32544 Resistance and 1st 5 min candle high are very near by  At 11.55 Am One Green candle break the 1st 5min candle High and Resistance 32544 Resistance line also  Next Candle 12.00 PM candle also Green open and close above the 32544 resistance line so it's perfect Breakout pa...

16th Jun Banknifty

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  Trade logic of 16th Jun 2022 Bank nifty Chart Setup:  · I use only Bank nifty indices (Spot) chart i never use the bank nifty options chart (or) bank nifty Futures chart  · I use only 5 min time frame i never use other time frame like 3 min, 1 min or Higher time frame 15 min & 30 min · To mark the 1st 5 min candle high and low  All above 3 points are set after that only i planned for trading  Indicator :  · I use the Camarilla Pivot point indicator "R3" & "S3" (Only the Resistance 3 & Support 3)  1st trade: At 09.45 AM one red candle break the 1st 5min Candle low and next candle also red open and close below the 1st 5min candle low so it's perfect breakout pattern at downside So entry candle is 09.55 am  Today is Expiry day so i select the IN THE MONEY banknifty PE option Stop loss was above the 1st 5 min candle low And Targets are Camarilla R3 and camarilla S3  2nd Trade :  At 01.20 Pm one strong Red candle broke the multi...

14th Jun Bank nifty review

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  Trade logic of 14th Jun 2022 Bank nifty Chart   Setup :   · I use only Bank nifty indices (Spot) chart i never use the bank nifty options chart (or) bank nifty Futures chart  · I use only 5 min time frame i never use other time frame like 3 min, 1 min or Higher time frame 15 min & 30 min · To mark the 1st 5 min candle high and low  All above 3 points are set after that only i planned for trading  Indicator  :  · I use the Camarilla Pivot point indicator "R3" & "S3" (Only the Resistance 3 & Support 3)  1st trade: Today at 09.30 am one strong Green candle taking support at 1at 5 min candle low and next candle also green so it's proper 1st 5 min candle low rejection pattern but immediately our Camarilla S3 in that place so i avoid this trade Upto 1 hour 1st 5 min candle breakout not happen at both side so mark the 1st ONE hour High  Today 1st 5min and one hour High are placed very near by and important Resistance (33382) also ...

10th Jun 2022 Bank nifty

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 Trade logic of 10th Jun 2022 Bank nifty Chart Setup :  · I use only Bank nifty indices (Spot) chart i never use the bank nifty options chart (or) bank nifty Futures chart  · I use only 5 min time frame i never use other time frame like 3 min, 1 min or Higher time frame 15 min & 30 min · To mark the 1st 5 min candle high and low  All above 3 points are set after that only i planned for trading  Indicator :  · I use the Camarilla Pivot point indicator "R3" & "S3" (Only the Resistance 3 & Support 3)  1st trade: Today at 09.25 am one strong red candle break the 1st 5 min candle low and next candle open and close blow the 1st 5 min low but 09.30 am candle is Green candle so it's not perfect breakout At 09.40 am candle try to break the 1st 5 min candle low and failed end with red candle and next candle also red open and close below 1st 5 min candle low it's proper rejection pattern So entry candle is 09.50 Am candle...

08th Jun Bank nifty

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Trade logic of Bank nifty on 08th Jun 2022 1st Trade : At 09.30 AM Red candle cross the 1st 5min candle low from upto down side and next candle is also red open and close below 1st 5min candle low