ALL is already explained on charts. the rest we will see tomorrow morning about any good or bad news. overall market sentiments are bearish and no any other positive news yet. thats y we will keep our bias neutral. caz we are at very major levels. we have to keep our RRR. the rest is history.
NSE:BANKNIFTY has given a good bounce this morning but in second half the selling pulled the BANKNIFTY down n it lost almost half of the Upside. Fresh buying in BNF can come only after 33800 resistance is broken with good volumes in Futures. Watch out for it. Any fall below 32800 level can bring further downfall in BNF and it can retest 32400 levels again which...
After all these days of bear market hopefully we can see an bullish moves,which i can see coming from these inverted H&S
well we will see USA markets what they gonna do tonight and any news which can cause market tomorrow. I will keep my bias neutral and will take trade on broken of any of the among horizontal line.
The index is trading within 600 points range. The current trading range is no trading zone as direction is not clear. Wait for one 15 min candle to break this range and close out of this range either side. After breakout 500 points move expected.
NSE:BANKNIFTY Is taking Support from a Trendline as well as Buy Zone. Until this BUY Zone is not broken on higher volumes on downside in BNF Futures, Its a Buy on dips kind of period. NSE:HDFCBANK has given a good support to NSE:BANKNIFTY and looks really strong on charts. If HDFC BANK continues to support BNF, then we might see levels of 33800 in quick time.
Bank Nifty Daily time frame, self explanatory chart
Banknifty is on important support if it will break the 2hrs demand zone more downfall possible it will going to test 30000 thousand label
NSE:BANKNIFTY BANKNIFTY is looking weak like all the indices across the board. But there is a good Buyzone which can act as support between 32420 - 31870 levels. On Upside 33800 is a strong resistance, which seems tough to be broken for now.
On 15 min time frame double bottom pattern is visible and breaking above 33620 will activate this breakout. On the flip side below 33000 will reject the setup and we will head towards 1000 points correction.
as we can see we are trading on almost same range from 2 days. now this range bound market open chances for having a big breakout or breakdown. I will keep my bias downwards until I get a strong positive sentiment about the market. I will again not be interested in taking any long trades for tomorrow . lets just patiently wait and watch what market gonna do this week.
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...