BANKNIFTY index is now at support levels..... previously a strong bullish move is observed from this levels.... Price is now at the same strong support...a lot of liquidity is lies below this levels... on topside price is rejected by the trendline multiple times... so we have a trendline liquidity as well on topside.... Wait for the bullish turn from this...
BANKNIFTY Index Key highlights: 💡⚡ 📈 On 15 Min Time Frame Banknifty Index Showing Reversal of Falling Wedge Pattern. 📈 It can give movement upto the Reversal Final target of Below 44560-. 📈 There have chances of breakdown of Support level too. 📈 After breakdown of Support level this Banknifty index can gives strong downside rally upto below 43544-. 📈 Can Go short...
Today will be gap up opening in BANKNIFTY. After opening if banknifty sustain above 45050 level then possible upside rally of 400-500 points upto 45450 level .Any Major downside only expected in case banknifty starts trading below 44950 level & this rally can extend another 400 points if market gives breakdown 44450 level.also possible reversal upside 44550 level.
BANKNIFTY INDEX is taken the support from the support level and neckline is failed to push the price downwards... --->>price failed to grab the liquidity on bottom side, results in bullish entry is placed after it is failed. ------->>so wait for the price to consolidate between the Head and Right shoulder to move upside to test the resistances at 47200...
Today will be gap up opening in BANKNIFTY. After opening if banknifty sustain above 45550 level then possible upside rally of 400-500 points upto 45950 level & this rally can extend another 400 points if market gives breakout 46050 level.Any Major downside only expected in case banknifty starts trading below 45450 level.
www.tradingview.com The weekly time frame shows a range-bound market for this stock, which is favorable for positional and futures traders. The stock is trading near its 52-week low of 1380, which is also a support channel. A break below this channel could trigger a further decline to 1280 or even 1100, which are the next support levels. However, this scenario...
Bank Nifty index is showing bearish pressure from the right shoulder... a strong fall is noticed when neckline is rejected... Now price is near to its demand zones... A lot of liquidity is below the support levels... After the liquidity grab price chances of moving is more. on the topside, we have trendline....in order to reach the higher levels price has to...
Today will be gap down opening in BANKNIFTY. After opening if banknifty start trading below 44950 level then possible downside rally of 400-500 points upto 44550 Level in todays session.Any Major upside only expected in case banknifty starts trading above 45050 level to 45450 level & this rally can extend another 400 points if market gives breakout 45550 level...
BANKNIFTY Index Key highlights: 💡⚡ 📈 On 15 Min Time Frame Banknifty Index Showing Reversal of Parallel Channel Pattern. 📈 It can give movement upto the Reversal Final target of Below 45590-. 📈 There have chances of breakdown of Support level too. 📈 After breakdown of Support level this Banknifty index can gives strong downside rally upto below 45150-. 📈 Can Go...
BANKNIFTY index is now taking the support form inverse right shoulder... now we have a chance of head and shoulders pattern as well ... keep safe before long....immediate resistance lies at 46200. wait until price breaks the neckline and retest...then will go for shortside...
Today will be gap up opening in BANKNIFTY. After opening if banknifty sustain above 46050 level then possible upside rally of 400-500 points upto 46450 level.Any Major downside only expected in case banknifty starts trading below 45950 level.also possible reversal upside 45550 level.
I am sharing the important levels of Support and Resistance. These levels plays a crucial role in trading decisions, as they act as reliable markers of price movements. ------>>Support levels are price points where an asset tends to find buying interest, preventing it from falling further. ---->Resistance levels, on the other hand, are points where selling...
Today will be gap up opening in BANKNIFTY. After opening if banknifty sustain above 45550 level then possible upside rally of 400-500 points upto 46450 level & this rally can extend another 400 points if market gives breakout 46050 level.Any Major downside only expected in case banknifty starts trading below 45450 level.also possible reversal downside 45950 level.
Banknifty may continue UPTREND CHART PATTERN : Bullish Pennant formation The technical analysis suggests that Banknifty is poised to sustain its upward momentum, indicated by the presence of a Bullish Pennant formation on the chart. An opportune entry point would be if the market opens flat tomorrow and experiences a breakout, signaling a continuation of the...
No need to say, that for more than six months, Bank Nifty has been trading in different channels, either upward or downward. 1. From 3rd July to 8th September BN was in a downward channel. (Channel 1). On 11th September this channel has been broken out clearly. And index moved upward till it reaches near the higher level of 21st july. From that level BN...
BANKNIFTY INDEX is created a Demand zone at 45450-45220 zone. If this zone again push the price upside, leads to creates an Right shoulder.. then will observe a inverse Head and shoulders will clearly seen if the same is happens from this demand zone. on topside(Neckline) at 46500-46700 zone is pushing the price downside, continuously. previous support is now...
We have the Source and Destination of the Uptrend in Daily chart, Currently Price has been respecting the Supply areas and the Price is also closing below the EMA which still signifies Selling Pressure, Here we have a Swing Buy Trade with a Reward of 4 against 1.
Today will be gap up opening in BANKNIFTY. After opening if banknifty sustain above 46050 level then possible upside rally of 400-500 points upto 46450 level.Any Major downside only expected in case banknifty starts trading below 45950 level.also possible reversal upside 45550 level.