#banknifty analysis for 24th Mar:- Decision Zone:- 34,055 - 34,117 Resistance Zone:- 34,430 - 34,639 ,34,900 / 35,300 Support:- 33,850/ 33,583 / 33,305 / 32,751 The move from 29,687.8 to 37,708.75 is 8021 point rally,we have retraced 50% (33,698), current low is 33,361. 38.2% retracement was 34,645 which was breached and we touched 50% retracement, now if...
#banknifty analysis for 23rd Mar:- Decision Zone:- 33,652 -33,770 Resistance:- 34,110 / 34,430 / 34,645 / 35,100 Support:- 33,305 / 32,751 / 32,137 The move from 29,687.8 to 37,708.75 is 8021 point rally,we have retraced 50% (33,698), current low is 33,361. 38.2% retracement was 34,645 which was breached and we touched 50% retracement, now if today's low is...
#banknifty analysis for 22nd Mar:- Decision Zone:- 33,950 -34,075 Resistance:- 34,430 / 34,645 / 35,100 Support:- 33,583 / 33,305 / 32,751 The move from 29,687.8 to 37,708.75 is 8021 point rally,we have retraced 50% (33,698), current low is 33,361. 38.2% retracement was 34,645 which was breached and we touched 50% retracement, now if today's low is broken, we...
Bank Nifty Levels for Today
#banknifty analysis for 17th Mar:- #banknifty PCR is 0.50, for every put written, we have 2x call written off, short-covering, it comes, can be deadly. Decision Zone :- 34,996 - 35,199 is a no trading zone, above positive & below negative. Currently, the range is 34,500 to 36,100 Support:- 34,700 / 34,550 / 34,400 Resistance:- 35,328 /34,572 /35,686 /...
Bank Nifty 1-2 Month's support resistance levels
#banknifty analysis for 16th Mar:- 36,463 to 34,430, 2033 point fall in two days was too quick, followed by 835 (41%) pullback in 2 hours. Decision Zone :- 35,188 - 35,572 is a no trading zone, above positive & below negative. Currently, the range is 34,300 to 36,000 Support:- 35,000 / 34,866/ 34,700 Resistance:- 35,686 / 36,028 / 36,463 It's a flag...
#banknifty analysis for 15th Mar Currently, the range is 35,090 to 36,041 and the new move will be only outside this range. Decision Zone:- 35,572 - 35,617, above positive & below negative Support:- 35,450 / 35,188 / 35,040 / 34,800 Resistance:- 35,825 / 36,040 / 36,190 / 36,463 It's a flag formation on an hourly time frame, probability is for the higher...
Bank Nifty Today (Complicated Day)
Important Levels for NIFTY BANK John Maynard Keynes said, “the markets can remain irrational longer than you can remain solvent.” So be cautious and flexible as market conditions evolve.
Bank Nifty is moving in a range from 26th Feb21, even after a gap up opening today the trend was volatile, tomorrow will be interesting day to watch, on upside 36370 as well as 36554, while on down side 35337 and 35105. This view is strictly only for educational purpose and not a trading recommendation, please do not take trade based on our observations. Before...
#banknifty analysis for 10th Mar: #expiry 8021 point up-move is followed by correction of 3050 points (around 38.2%) and now we are consolidating for 2 weeks. Currently, the range is 35,100 to 36,100 and the new move will be only outside this range. Decision Zone:- 35545, above positive & below negative How to Trade? Play the range of 35100 to 36100 and...
BN Can move as support or resistance shows in chart. please don't consider this is buy or sell call. it's just my view only. IF BN gap down then may try to test 35500 Support level and if Gap up then may test today's high and move down. don't blindly take trade. market is very volatile so book your profit time to time.
#banknifty analysis for 9th Mar 8021 point up-move is followed by correction of 3050 points (around 38.2%) and now we are consolidating for 2 weeks. Currently, the range is 35000 to 35800 and new move will be only outside this range. Expiry on Wednesday and good OI on 35k PE, which suggests 35K going to be supported till expiry. Decision Zone:- 35090, above...
Monday movement is gonna be crazy and tricky. Watch out! Trade Wisely And Smartly. Comment below if you have any query regarding the published idea.