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.
Hello Guys, Good Morning everyone, According to the data today market is going to open gap down After A gap down opening if Banknifty sustains Above 45500 and takes Support from 45500 then open target for T1-45700, T2-45900,T3-46000 If the Banknifty gap down opening sustains Below 45500 and takes resistance below 45500 then the open Targets for T1-45300,...
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...
Banknifty closed below earlier support & taken Trendline support so wait for Breakout or rejections at zones Bullish > 46400 Bearish< 46900 All views for Educational Purpose do your own analysis before initiate trades.
price is exactly closed near to the resistance zone... A strong bullishness is observed from the 45000 levels... today's bullishness is exhaustion tomorrow it is again bearish...If this is an initiation will grab the liquidity above 46800 levels...and will continue to move higher with consolidation to 47200 levels....
Hello Guys, Good Morning everyone, According to the data today market is going to open gap up After A gap up opening if Banknifty sustains Above 46200 and takes Support from 46200 then open target for T1-46300, T2-46400,T3-46500 If the Banknifty gap up opening sustains Below 46000 and takes resistance below 46000 then the open Targets for T1-45800,...
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 down opening in BANKNIFTY. After opening if banknifty start trading below 45450 level then possible downside rally of 400-500 points upto 44950 Level in todays session.Any Major upside only expected in case banknifty starts trading above 45550 level to 45950 level.
Banknifty index is clearly broken the support @47000 zone. Price recently broken the longer term trendline as well.. Now price is trading near to support zones at 44500 minor support zone and 43500-43200 major support zone. Short Opportunity:: Enter the short positions when price tap into this resistance zone(Support) or facing resistance from trendline.look for...
Hello Guys, Good Morning everyone, According to the data today market is going to open gap up After A gap up opening if Banknifty sustains Above 45500 and takes Support from 45500 then open target for T1-45600, T2-45800,T3-46000 If the Banknifty gap up opening sustains Below 45500 and takes resistance below 45500 then the open Targets for T1-45300,...
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 & this rally can extend another 400 points if market give breakout 45550 level.Any Major downside only expected in case banknifty starts trading below 44950 level.
Hello Guys, Good Morning everyone, According to the data today market is going to open gap up After A gap up opening if Banknifty sustains Above 45500 and takes Support from 45500 then open target for T1-45600, T2-45800,T3-46000 If the Banknifty gap up opening sustains Below 45000 and takes resistance below 45000 then the open Targets for T1-44800,...
Currently Banknifty near Resistance (Confluence Zone) Bullish > 45450 Bearish< 44900 Watch the zones marked on chart , wait for proper rejections for entry. All views for Educational purpose before entry do your own analysis.
Bank nifty index taken multiple times support from the zone 45600-45400. if this acts as resistance again bearishness will continue to downwards. on top we have a resistance in the form of trendline as well.... we have chance of consolidation between 45600-44100 levels before test this zone at 44100 levels...keep safe before going long from here...
Hello Guys, Good Morning everyone, According to the data today market is going to open gap down After A gap down opening if Banknifty sustains Above 44800 and takes Support from 44800 then open target for T1-45200, T2-45300,T3-45500 If the Banknifty gap down opening sustains Below 44600 and takes resistance below 44600 then the open Targets for T1-44400,...