Based on the global data, the market is expected to gap down massively. Since SGX nifty shows a 300 point drop, I expect the market to open around the 40000 levels and hold that range. There might be some volatility in that range. Since FII is still buying, I wouldnt be so worried. This is infact a healty correction, considering the contineous green candles...
Bank nifty has closed just the 50 ema on daily timeframe and tge Resisitance of 36375. (market close @ 36348) On hourly time frame the market seems bullish and have crossed 200 ema. Todays levels Support :- 35950-36000, 35630, 35500 Resistance :- 36375, 36650, 37000. Market may consolidate today as the market moved violently in last trading day.
BankNifty Futures Key Trading Levels for 21st March 2022 Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views. Please consult your Financial...
NiftyBank Futures Key Trading levels for 10thJan 2022 Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views. Please consult your Financial...
Banking sectors swings are messy in 2020 and 2021 and never perform well in this bull run. The nifty rally was massive, but we can see the difference if we compare Nifty and Bank in 2020 and 2021. The nifty rally was straight, but Bank nifty rally was not, which is a clear sign that the banking sector is still weak and a perfect candidate for the short position....
BANKNIFTY SUPPORT AND RESISTANCE FOR 28 JUNE 2021 Today's Range will be In between 35614 and 35339. SUPPORT 1: 35339 SUPPORT 2 : 35200 RESISTANCE: 35614 BANKNIFTY OPTIONS TO WATCH 35500 CE 1 July 35000 PE 1 July
BANKNIFTY SELL BELOW 30820. STOPLOSS 30900. TARGET 30500
Support 22201 Resistance 22715 Yesterday call given to buy 23500 CE around 220, booked loss today. Overall Profit after considering today's loss is 300-400 Points. To get live updates on Levels, follow or message.