Support and resistance for tomorrow trading session if market respect 33000 demand zone it can be bullish and trending market in this week and going to 34200 .In my point of view I am bullish in market if market respect my support area i am 100% sure to make a trade
*Everything is mentioned on the chart. I hope it is easy to understand.
*Don't jump in to trade at the beginning of the market. let it get settle for 15-20 min first and judge price action.
*Avoid gap up or gap down chase. Wait and trade between level.
Note :Trade with strict stoploss. It may or may not hit all the levels. So one can book profit / loss at...
I have found support resistance for intraday market that can help you better understand chart analysis in my opinion market going down side to test 33200 level
After a big rally on the upside, now Banknifty is moving towards the downside, I would plan a long when Banknifty comes at my levels of (33265 - 33285)
Thursday being a weekly as well as monthly expiry my target will be 30-40 points and more as per trailing, I will not trade until and unless it comes down to the level
Let me know if you have any questions in...
BANKNIFTY is retesting the Resistance turned into Support. Selling Pressure is visible with Monthly Candle printed in June 2022. Price of 32000-32100 is Critical Support.
WHAT IF- Price Breaks Down this Support, Fall may be a probability.
Price takes Support with HAMMER printed in July, Bounce may be a Probability.
Notice the FIb Levels acting as Rejection...
if market opens flat and breaks upper resistance of 33600 then we will buy.
if market opens gap down and breaks lower support then we will sell
for gapup we will wait for further priceaction
Hi Traders/Investors,
NSE:BANKNIFTY is looking weak as this point, waiting for the news on US GDP data.
NIFTY took support from the Trendline in the morning and also closed exactly at the same Upward trendline.
On DOWNSIDE, There is a Buy zone which would act as support but looks weak as of now between 33165 - 33300 levels.
On UPSIDE, resistance at 33870...
According to the Friday's trading these levels are drawn, purely intraday levels.
If you respect these levels definitely higher chances to win the trade.
According to the Friday's trading these levels are drawn, purely intraday levels.
If you respect these levels definitely higher chances to win the trade.
According to the Friday's trading these levels are drawn, purely intraday levels.
If you respect these levels definitely higher chances to win the trade.
Hi Traders/Investors,
If you see two major big weightage components of BANK NIFTY i.e. NSE:HDFCBANK & NSE:ICICIBANK both have immediate resistance on UPSIDE. So, I feel these stocks can fall before moving upwards and hence BANKNIFTY might fall as well.
On other side, if it moves significantly on UPSIDE, then gap between 33774 to 34346 can be filled. But this...
Hello Traders
As per my view bank nifty weekly analysis will be gap down.We can find major resistance at 33756 and major support at 32250.Bank nifty will trend in sideways.
EDUCATIONAL PURPOSE ONLY.
NSE:BANKNIFTY seems to be in a range and there is lot of resistance on the UPSIDE from Sell Zone b/w 33450 - 33600 levels. If BNF manages to cross this with good volumes on BNF Futures contract then, next resistance can be seen at 33800 levels.
On Downside, Upward trendline would act as good Support, if it breaks with volumes then next Downside target would be...
According to the Todays trading these levels are drawn, purely intraday levels.
If you respect these levels definitely higher chances to win the trade.
