BANKNIFTY ANALYSIS FOR 5th SEPTEMBER 2023-FOR EDUCATION PURPOSE ONLY This video is for educational purpose and my personal view . We are NOT SEBI registered Advisor, we only give the level on our practical trading experience. Kindly take the trade according to your risk and reward position and consulting your advisor. It is advisable to take the advice of SEBI...
A strong bullish move is observed from the 43800 levels...previously a strong support now acts as support again. If tomorrow price wants to break the channel on top side... it has to break 2 resistances at 44800 and 45000 levels.. which are considered as strong levels of resistance. But the liquidity is lies on above these 2 resistances.. so in the next session...
Today will be gap up opening in BANKNIFTY . After opening if banknifty sustain above 44550 level then possible upside rally of 400-500 points upto 44950 Level. And this rally can extend for another 400 points if it gives breakout of 45050 level. Any Major downside only expected in case banknifty starts trading below 44450 level.
Hello Traders, This is the trade plan for next week of Bharat Forge. Outline is showed on chart . For detail understanding of price action check below.
I am sharing the important levels of support and Resistance, based on my personal view. If want to take the trade if any 15-minute candle closes above these levels enter in trade. these levels act as strong levels of support and resistance. Follow for more.
Bank nifty index is now at Important level of support... we have a bullish gap left at 43800 levels... yesterday price broken the trendline and will gives retest... If price consolidate at support may breaks the support at 43800-43600 levels... Keep safe...
After a strong fall now price is at trendline... If this holds price is said to be bullish... If breaks and retest will go for short...
Today will be gap up opening in BANKNIFTY . After opening if banknifty sustain above 44050 level then possible upside rally of 400-500 points upto 44450 Level. Any Major downside only expected in case banknifty starts trading below 43950 level.
No sign of bearishness is observed... in smaller time frames observed a drop base drop... if tomorrow is again bullish...will observe a liquidity will be done 45200 levels... keep safe ... will see in the next session what happens..
Drop base drop is observed @44720 levels.... Rally base rally is observed from 44400 levels... tomorrow these are my point of intrest for shorting and buying levels.... If a continuous fall is detected from 44720 levels, then will be on bearish mode until 44400,44300,44120 levels and below... If we consider the above drop is a weak one...will be bullish above...
Today will be gap up opening in BANKNIFTY . After opening if banknifty sustain above 44550 level then possible upside rally of 400-500 points upto 44950 Level. And this rally can extend for another 400 points if it gives breakout of 45050 level. Any Major downside only expected in case banknifty starts trading below 44450 level.
As we discuss in the previous post... If Right shoulder forms to push the price up...or Will it take the liquidity on bottom side... which happens will see in the next session.
28 AUGUST ANALYSIS: Daily analysis: PS-Position size Banknifty side: if it gives breakdown (2 step - 30+50) gapup: buy if it gives breakout after consolidation (2 step - 30+30) gapdown: sell after price-action(100%)
Hello Traders, My next week planning to trade this stock is in two parts first in form of marking that you are seeing. Second is how to trade these marking as entry and exit . That you can check below.
Today will be gap Down opening in BANKNIFTY . After opening if banknifty start trading below 44450 level then possible downside rally of 400-500 points upto 44050 Level. And this rally can extend for another 400 points if it gives breakdown of 43950 level. Any Major upside only expected in case banknifty starts trading above 44550 level.
Hello Guys, Good Morning everyone, According to the data today market is going to open Gap-Down After A Gap-Down opening if Banknifty sustain Above 45000 and taking Support from 45200 then open target for T1-45300,T2-45400,T3-45500 If the Banknifty Gap-Down opening sustain Below 44250 and taking resistance below 44250 then the open Targets for...
If case 2 happens, and the strong support @43800 push the price upside... or price breaks the 43800 and also breaks the 43400 levels... The result of case 2 is a formation of Head.... the 45100 level acts as Neckline... the level @44300 is a left shoulder.... the neckline again pushes the price downside to form a right shoulder... If price failed to break the...
The Bank nifty Index is in consolidation for a long time and today moved to upside... If this is a manipulation move or retracement move to enter for short side.... Then it will be bearish...Keep safe...