Bank nifty analysis support and resistance levels for intraday only please trade on your own risk This view is only for educational purpose.
Nifty analysis support and resistance levels for intraday only please trade on your own risk. This view is only for educational purpose.
NSE:BANKNIFTY Banknifty Chart Lavel 15 min Chart educational Purpose
NSE:BANKNIFTY Is in full control of BEARS, as the downfall is continuous and looks like everyone is Selling. Downward Parallel Channel strategy is working pretty solid as you can see in the graph Even the last bounce we got is DEAD CAT BOUNCE and looks like it would not hold. Next TGT on downside is easily 34180 levels and around the BUYZONE shown in graph. On...
BNF can bounce back intraday from 34450 if not broken decisively with good volumes on downside. BNF can easily take support from 34450 to move upwards towards 34650 for retest.
NSE:BANKNIFTY BANKNIFTY gave a strong move today on UPSIDE was unable to break the parallel downward channel its being trading from start of this month. Initiating Fresh LONGs on BNF soon as we see BANKNIFTY breaking this Downward channel with good volume on Upside, until it breaks it I predict that it would go down n retest 34800 on Downside once again.
Bank nifty opened gap down and in the last trading hour it shot up breaking, sustaining and closing above the 20 DMA. Thou, on horly time frame it has closed between the 2 moving averages. On 15 minute analysis, it has taken resisitance from its 200 ema in final minutes of session. Support :- 35000, 35800 Resistance :- 35200, 35300 Markets can remain...
NSE:BANKNIFTY Analysis/Prediction for Expiry 09-06-2022 (Thursday) If Price opens in opening range 🟢 Buy CE, If price closes above 35100 👉 Target should be 35350 🔴 Buy PE, If price closes Below 34800 👉 Target should be 34625 Note: Wait for the 5-minute candle to close for confirmation. If market opens with big gap, always wait for price action.
NSE:BANKNIFTY had a huge movement today on both sides, but managed to stay within a close range which we discussed in my last post. Now, NSE:BANKNIFTY - needs to give a decisive move either below 34650 for BIG BEARS to come in action. Chances of UPSIDE are less, as it seems like Sell at every Upmove, if it comes then BNF has to break 35450 levels with good...
BANKNIFTY is showing weak signals and may go down to 34800 levels. Due to heavy intraday selling pressure from FIIs specially in Banking/Financial sectors, is pulling Nifty Bank. BANKNIFTY has to break above 35450 levels decisively with Big Green candle w/t heavy volumes to scare the Bears. If BANKNIFTY is unable to hold 35175 levels, then it can fall drastically...
THis is daily chart of banknifty. Fresh breakout only above 36120 As long as trading below 36000 it will be sideways to down.
Banknifty buy above 35772, Target 35850, 35985, 36030(****reversal zone),36200 SL-35700 you can buy 35700 call current expiry with 36300 call sell Index level:- Bank nifty today may open gap up near 35850 and may create breakout pattern. It may move up towards 35930 and may test 36000 in upward. Expect minor profit booking near 36000 and sustaining over 36000...
as we see a rangebound day yesterday on bank nifty. maybe there are chances of a trending day today. based on us stock market and temporary market sentiments i will be looking for long opportunities in bank nifty today.
A perfect bullish cypher is going to hit it's second target where an bearish bat is waiting there to reverse the market, perfect turns could be anticipated with these ratios. Elliott wave measures the end of 'B' wave & the beginning of 'C' wave - Bears are on the way.
Banknifty is trading in 1000 points range Breaking out of this range will activate 1000 points target.
NSE:BANKNIFTY Analysis/Prediction for tomorrow 01-06-2022 For flat/Gap-Up Opening 🟢 Buy CE, If price closes above 35700 👉 Target should be 36000 🔴 Buy PE, if price closes Below 35280 👉 Target should be 34800 For Gap-Down Opening 🟢 Avoid CE 🔴 Buy PE, Near 35300 👉 Target should be 34800 Note: wait for the 5-minute candle to close for confirmation.
as we discussed yesterday banknifty did the same today. this is the power of price action. the market was volatile actually today due to India's GDP news today w. but we manage to trade according our plan. just remember one thing traders. EVERY TRADING DAY IS NOT ACTUALLY A TRADING DAY.
Banknifty analysis support and resistance levels for intraday. Please trade on your own risk. This view is only for educational purpose.