Bank nifty levels (for12-04-2024)Bank nifty levels (for12-04-2024) are given for educational purposes onlyby mathsaran1
#Banknifty:12th April#Banknifty:12th April Step1: with G/D belt hold pattern possible. Step2: Buy zone 48648-48531-S1. Get long here. Step3: Exit zone 48880.by rudrajit_deb0
BANK NIFTY S/R for 12/4/24Support and Resistance Levels: In technical analysis, support and resistance levels are significant price levels where buying or selling interest tends to be strong. They are identified based on previous price levels where the price has shown a tendency to reverse or find support. Support levels are represented by the green line and green shade, indicating areas where buying interest may emerge to prevent further price decline. Resistance levels are represented by the red line and red shade, indicating areas where selling pressure may arise to prevent further price increases. Traders often consider these levels as potential buying or selling opportunities. Breakouts: Breakouts occur when the price convincingly moves above a resistance level (red shade) or below a support level (green shade). A bullish breakout above resistance suggests the potential for further price increases, while a bearish breakout below support suggests the potential for further price declines. Traders pay attention to these breakout signals as they may indicate the start of a new trend or significant price movement. Disclosure: I am not SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. It is important to consult with a qualified financial advisor before making any investment decisions. Tweets neither advice nor endorsement.by zenthosh1
Banknifty Will Start for Corrective Move Banknifty Will Start for Corrective Move For the downside if sustain below 48588 Stop loss 49071 possible Target 48100-47786-47369Shortby lashkarikartik4
BANKNIFTY INTRADAY IMPORTANT LEVELSAttention dear Traders! Before you dive into the exhilarating world of trading, where fortunes are made and lost faster than you can say 'bull and bear', remember this: I am not your financial guru, wizard, or psychic hotline. My advice should be taken with a grain (or shaker) of salt, as I'm not a licensed financial advisor Trading is like riding a rollercoaster blindfolded. It's thrilling, but you never know when you'll hit a loop-the-loop. The stock market is as predictable as a cat on catnip, and past performance is about as reliable as a weather forecast in the Bermuda Triangle. So, don your financial life jacket, do your own homework, and maybe even chat with a real human financial advisor. Remember,Trading with your money is serious business, but it's okay to chuckle as you read this.by Abhijit70
[INTRADAY] #BANKNIFTY PE & CE Levels(10/04/2024) Today will be gap up opening in BANKNIFTY. After opening if banknifty sustain above 48550 level then possible upside rally of 400-500 points upto 48950 level & this rally can extend another 400 points if market gives breakout 49050 level in todays session.Any Major downside only expected in case banknifty starts trading below 48450 level to 48050 level.also possible reversal downside 48950 level. by TradZoo2
NIFTYBANK: Load them and lead them! On a day of huge expectations, the up-move faltered, but blame it on expiry driven moves. The negativity is not that great, note this space has the habit of taking U turn from the peak or troughs that is what it has been doing. Though the ranges slowly inch higher than lower. The one change the one has to notice. PSU pack on profit taking while financials joining the fray, the big heavy weights doing the damage limitation to slightly holding the base. US inflation data is due later in the day, expiry and tomorrow holiday, markets close is more important than the start. Close Convey's the commitment of the market to take the positions home. Japan PPI slightly mixed no real mover. Bank of Canda interest rate decision, though no change is expected. Press Conference can throw some lights. Another one to watch is the FOMC Minutes. Support 48450-48280 Supply 48880-49000-49150 by sreebhashyam1
BankNifty - 10-04-2024Bank NIfty looks a directional fall if opens flat. A directional Expiry needs timing.. good luck.Shortby ChartsXtrapolated1
banknifty Bnf range explained trend is up but its at a level which is either make or break High chances of shakedown than breakout or breakout failure... 06:22by kacharts13
BANKNIFTY Trading Plan for 10-Apr-2024 Gap Up Opening: In case of a gap up opening above 48800, resistance is anticipated near 48871. If prices start trading below 49780, a short trade with an initial target of 48545 – 48500 and a stop loss (SL) of 48900 is advisable. Further downside movement to 48400 – 48350 is possible if prices sustain below 48500. Conversely, if prices remain above 48871 and trade above 48900, an upward movement towards 49000-49161 and 49400, especially if they sustain above 49200, can be expected. Flat Opening: For a flat opening, if prices face rejection between 48780 – 48800, a drop to complete the correction structure towards 48545 – 48500 and 48400 – 48358 may occur. Buying opportunities may arise at these levels targeting 48500 – 48700 with a SL of 48313. Buying should be considered only if prices rise above 48870, targeting 49000 – 49160. Gap Down Opening: In the event of a gap down opening below 48600, a buying trade near 48500 – 48400 with a SL below 48300 and targets at 48600 – 48700 - 48800 is suggested. Further downside below 48300 could lead to a deeper cut towards 48000 – 47950. Conclusion: The trading plan for BANKNIFTY on 10-Apr-2024 suggests potential strategies for different market scenarios. However, traders are advised to exercise caution and implement risk management measures in all trading decisions. Disclaimer: The provided trading plan is for informational purposes only and does not constitute financial advice. Trading in the stock market involves risks and individuals should conduct thorough research or consult with a financial advisor before making any investment decisions. The author and publisher do not guarantee the accuracy or completeness of the information provided, and shall not be held liable for any loss or damage arising from reliance on the content of this plan. Longby LiveTradingBox7
BANK NIFTY S/R for 10/4/24Support and Resistance Levels: In technical analysis, support and resistance levels are significant price levels where buying or selling interest tends to be strong. They are identified based on previous price levels where the price has shown a tendency to reverse or find support. Support levels are represented by the green line and green shade, indicating areas where buying interest may emerge to prevent further price decline. Resistance levels are represented by the red line and red shade, indicating areas where selling pressure may arise to prevent further price increases. Traders often consider these levels as potential buying or selling opportunities. Breakouts: Breakouts occur when the price convincingly moves above a resistance level (red shade) or below a support level (green shade). A bullish breakout above resistance suggests the potential for further price increases, while a bearish breakout below support suggests the potential for further price declines. Traders pay attention to these breakout signals as they may indicate the start of a new trend or significant price movement. Disclosure: I am not SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. It is important to consult with a qualified financial advisor before making any investment decisions. Tweets neither advice nor endorsement. by zenthosh1
10 APRIL 2024 BANKNIFTY SUPPORT AND RESISTANCE LEVELSHello Guys, Good Morning everyone, According to the data today market is going to open gap down Focus to buy above 48500 if sustain above 48400 focus for short selling After A gap down opening if Banknifty sustains Above 48600 and takes Support from 48600 then open target for T1-48700, T2-48800,T3-49000 If the Banknifty gap down opening sustains Below 48400 and takes resistance below 48400 then the open Targets for T1-48300, T2-48200,T3-48100 Major Levels 48500,48600,48800 If the market stands in this area of 48600 to 48800 then it is possible that even today the market will remain in the range. Longby mr_bull104
Bank Nifty levels (For 10-04-2024)Bank Nifty levels (For 10-04-2024) are given for learning purposes onlyby mathsaran0
Nifty Bank levels for (09-04-2024)Nifty Bank levels for (09-04-2024) are given for learning purposes only.by mathsaranUpdated 0
8 APR 15min level intraday Red selling zone and green buying zone level learning and education purpose only Like share comment and follow Note:- DISCLAIMER "Stock market investment/trading is subject to market risk do not trade or investment without proper knowledge or without help of your financial advisor. Any information shared on this platform is purely for educational and information purpose. We are not responsible for your gain or losses."by asharam704Updated 226
Bank Nifty Index: Will 48600 Level Hold for Weekly expiry?Today, on the 9th of April 2024, the Bank Nifty Index displayed notable price movements, reaching an intraday high of 48960.75 and a low of 48621.85. This suggests that the 48600 level is serving as a robust support. However, the crucial question remains: will this level maintain its strength leading up to tomorrow's weekly expiry (10th of April 2024)? To delve into this inquiry, we must scrutinize the 48600 put option. As of the time of writing this post, the put option reached an intraday high of 206.40 and a low of 62.60. Notably, as long as this put option remains above 6.60, its probability of expiring in the money remains significantly high. Conversely, if it drops below 6.60, the likelihood of expiring in the money diminishes close to zero. In conclusion, the analysis of the 48600 put option sheds light on the potential stability of the 48600 level as a support going into the Bank Nifty Index options weekly expiry tomorrow.Shortby IndexAce0
BANKNIFTY - BullishviewAll details are given on chart. If you like the analyses please do share it with your friends, like and follow me for more such interesting charts. Disc - Am not a SEBI registered analyst. Please do your own analyses before taking position. Details provided on chart is only for educational purposes and not a trading recommendation. Longby Grow_YourCapitalUpdated 114
[INTRADAY] #BANKNIFTY PE & CE Levels(09/04/2024) Today will be gap up opening in BANKNIFTY. After opening if banknifty sustain above 48550 level then possible upside rally of 400-500 points upto 48950 level & this rally can extend another 400 points if market gives breakout 49050 level in todays session.Any Major downside only expected in case banknifty starts trading below 48450 level to 48050 level. by TradZoo1
BANKNIFTY: Levels and Plan for 09-Apr-2024 Reflecting on our previous analysis, BANKNIFTY achieved a new all-time high but couldn't close above the previous high on the daily chart. A spinning top candle formed, indicating a potential reversal. The current consolidation phase spans between 48795 – 48455, with movements above or below signaling potential shifts. Here's our plan for Tuesday, 9th April: Gap Up Opening: If BANKNIFTY opens with a gap up above 48700, resistance is anticipated at 48795. A rejection near 48800 could signal a short trade with a SL at 48850, targeting 48500 – 48450. Sustained movement above 48850, however, with support at 48800, could propel prices towards 49161 – 49200. Flat Opening: A flat opening might see BANKNIFTY finding support at 48450 before bouncing back towards 48795, 48850, 49000, and 49161. Conversely, failure to hold above 48452, coupled with resistance at 48450, could lead to a decline towards 48200 – 47958. Gap Down Opening: A gap down opening below 48400 followed by a quick recovery to 48450 could present buying opportunities, targeting 48800 – 49000. Failure to hold support at 48400, however, might drive prices lower towards 48200, offering another buying opportunity with a SL of 60 points for targets at 48500 – 48700. Further downward movement towards 48150 could set the stage for strategic buying. Conclusion: BANKNIFTY's performance on 9th April hinges on reacting to key levels and potential reversals. Gap up or gap down openings offer distinct trading opportunities, but cautious risk management is essential. Disclaimer: The provided trading strategies are based on technical analysis and market observations, and they carry inherent risks. Traders should conduct thorough research and seek advice from financial professionals before executing any trades.Longby LiveTradingBox4
#Banknifty:9th April#Banknifty:9th April Step1: S1- 48510-48437. Step2: If index sustains above 48617 then stay long else Exit. Step3: if S1 breached then S2-48330 by rudrajit_deb0
BANK NIFTY S/R for 9/4/24Support and Resistance Levels: In technical analysis, support and resistance levels are significant price levels where buying or selling interest tends to be strong. They are identified based on previous price levels where the price has shown a tendency to reverse or find support. Support levels are represented by the green line and green shade, indicating areas where buying interest may emerge to prevent further price decline. Resistance levels are represented by the red line and red shade, indicating areas where selling pressure may arise to prevent further price increases. Traders often consider these levels as potential buying or selling opportunities. Breakouts: Breakouts occur when the price convincingly moves above a resistance level (red shade) or below a support level (green shade). A bullish breakout above resistance suggests the potential for further price increases, while a bearish breakout below support suggests the potential for further price declines. Traders pay attention to these breakout signals as they may indicate the start of a new trend or significant price movement. Disclosure: I am not SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. It is important to consult with a qualified financial advisor before making any investment decisions. Tweets neither advice nor endorsement.by zenthosh0
Journal your trade on same chart using simple textnothing to say in discription just look at the pic attached you will understand. T1 -T6 are trade by vinayak25290
Nifty and Bank Nifty analysis and trade plan for 9th AprilNifty and Bank Nifty analysis and trade plan for tomorrow, Tuesday. 9th April | #nifty #nse09:33by rahulbora111