Sell Banknifty below 41150 Target 40950 40824 40680 Sl 41320 Buy banknifty above 41529 Target 41628 41848 42000 Sl 41135. Now our view in banknifty and nifty was bearish. Today market stuck in range tomorrow we see a great movement in it after the break out. So buy or sell according to the breakout
For tomorrow our view for market was bearish at morning after that buying will be come . Soo sell Banknifty below 41275 Target 41111 41045 40942 40902 40816 Sl 41460 Buy banknifty above 41460 Target 41624 41848 41950 Sl 41280
Dear traders, I have identified chart levels based on my analysis, major support, and resistance levels. Please note that I am not a SEBI registered member. Information shared here for educational purpose. Please don’t trust me or anyone for trading/investment purpose as it may lead to financial losses. Focus on learning, how to fish, trust your own skills and...
BankNifty was trading in a range yesterday between 40680 and 40520 levels. There was not much of a trade for options buyers(unless you were a scalper). Today there could be a break out or break down from this range. My Plan: - If the market opens flat(40600 levels) or gaps up, then I would would go long once it crosses 40700 levels. - If the market opens...
Today we see Banknifty in range . For us tommorow view was very clear by following today's chart . Buy banknifty only above the level we give to you bcz these level was major resistance in banknifty Buy banknifty above 40688 Target 40754 40836 40947 Sl 40515...if market open with gap up then buy it according to our level and if it open above our level thn 41040...
Dear traders, I have identified chart levels based on my analysis, major support, and resistance levels. Please note that I am not a SEBI registered member. Information shared here for educational purpose. Please don’t trust me or anyone for trading/investment purpose. Focus on learning how to fish, trust your own skills and please do consult your financial...
Since Friday had a big gapup, and sellers were activated to bring the price lower. Sellers might get activated today as well. For BN to be bullish, the price should hover around 40300 levels or above. - If the price goes lower than 40300, then sellers would get activated again. We could see them pulling the price down to 40000 levels. - If the price doesnt...
Dear traders, I have identified chart levels based on my analysis, major support, and resistance levels. Please note that I am not a SEBI registered member. Information shared here for educational purpose. Please don’t trust me or anyone for trading/investment purpose. Focus on learning how to fish, trust your own skills and please do consult your financial...
After the massive breakout yesterday, for the next couple of days, the market could move up to the next resistance levels. Once it hits the 41200-41300 levels, it could test the 40000 levels again. There is not much of resistance in between these 2 levels. The US inflation numbers are coming next week, the retest could match with that timeframe.
Dear traders, I have identified chart levels based on my analysis, major support, and resistance levels. Please note that I am not a SEBI registered member. Information shared here for educational purpose. Please don’t trust me or anyone for trading/investment purpose. Focus on learning how to fish, trust your own skills and please do consult your financial...
Banknifty has finally crossed and sustained above the level of 40k. Index remained in a bullish momentum and gave a nice bullish marubozu candle. On the hourly time frame, it remained bullish whole day and crossed upto the level of 40200. The market travelled nicely, and remained in a parallel channel whole day. Banknifty seems to carry on the bullish mode and...
Banknifty is not looking as strong as Nifty. These are the 4 possible scenarios. 1. Gapup - there might be some volatility around 39700 range and then it might move up. 2. Gapdown - there might be some volatililty around the 39300 levels and then move down. 3. if the stock opens at the same levels and moves down, the price might halt at around 39300 levels and...
BankNifty has closed strong last week. Banknifty and Nifty look bullish in the weekly chart. Based on the current condition, we are looking at the following: 1. If a 15 minutes candle closes below 39000, we can go short. 39000 is an important level. FOr this level to break, the price needs to first break the trend line around 39300 levels 2. If a 5 minutes...
If market opens sideways and breaks 39550, we can buy if market breaks 39300 then we can sell. in case of gap up and gap down we will further see price-action
Banknifty is trading within a triangle pattern and either side breakout will give a good momentum
Banknifty closed suuuper bullish on 30th August. Which brings the following possibilities. 1. The market opens with a gapup, say 300-400 points higher. On which case, we could see some profit booking immediately and then there could be a consolidation. 2. Market opens between 39400-39550 levels, the market could build momentum and push higher to about 39900...
We expected some gap up opening in tommorow market for Tomorrow if Banknifty not open at gap up thn buy it above 38370 our target 38455 38550 38704 Bcz today we see that market was stuck at the particular level soo if it break the level a big upside has been seen and if market open at gap up thn our buying was 38805 bcz we expect to have gapup of 500+points
Due to global data, the market might open with a gap down or move down initially. The immediate support is at 38800, but since the market has already tested it once, this level might break if the market has higher selling pressure. The next level of support is at around 38400 levels. On the higher side, i see a resistance at around 39500 levels.