AISARTHK

BANKNIFTY ANALYSIS FOR 14/02/2022

NSE:BANKNIFTY   Nifty Bank Index
So i started with today analysis and then we go to timeframe analysis as well as we will cover option chain analysis , hold tight and like the idea to show support and motivate me .
(i calculated all possible outcome for 14/02/2022)

#Today Analysis
Bank Nifty open 400 point down but it cover 150 point in first 15 minute . Next 30 minute BN go down up to 350 point .
Then BN goes side ways up to 12:30 and sudden rise came of 160 point . And sharp falling start when BN create double top in 15 TF . And last BN close at 38517.

#1day timeframe analysis
BN created spinning top in daily time frame and has lower body and has longer wick in upside than downside , so it means price may fall tomarrow also but #postmarkettradingsession give positive signal . but anyway see tomarrow .

#1hour time frame analysis
Here we will mark high swing and low swing support and resistance . some important s/r is 38800,38600,38400,38200,38930
here i found two high gap up and high gap down 👇 openings,
1)Above 38000
2)Below 38400

#15min time frame analysis
here we find three opening for 14/02
above 38600
below 38400
between 38400-38600
i think that if bank nifty open 38600 there are two possiblity that,
1) it go strong upward 👆 up to 38800 and then 38900.
2) it go strong downward 👇 up to 38400-38200.

in option chain 37500,38000,38500,39000,39500,40000 has more open interest and volume .
keep add in your watchlist

39000 ce/pe
38900 ce/pe
38800 ce/pe
38600 ce/pe
38500 ce/pe
38400 ce/pe
38200 ce/pe
38000 ce/pe

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Please like and comment this idea 💡 for motivate me .

Thanks,
Sarthak Chaudhari

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