If BANKNIFTY sustain above 47512 then 47603 to 47657 then 47748 to 47803 then 47893 to 47948 then 48038 to 48093 If BANKNIFTY sustain below 47367 or 47313 then 47196 to 47168 then 47077 to 47023 then 46932 to 46878 then 46787 to 46732 Consider some buffer points in above levels. Please do your due diligence before trading or investment. **Disclaimer - I...
SBI punches its best performance, stands still, holds, but broader indices close red once again. Economic data comes mixed, and markets are not going to focus for some time on this. PSU Banks on the 14 year supply line, not all of them but many of them. Weaker spots continue on heavy weights like HDFC, no where to go! roam around. SBI lone warrior, along with...
These are the important levels based on different theories like Gann, FIB, and Order block.
BUY ABOVE - 47560 SL - 47400 TARGETS - 47730,47900,48050 SELL BELOW - 47400 SL - 47560 TARGETS - 47200,47000,46800 NO TRADE ZONE - 47400 to 47560 Previous Day High - 47900 Previous Day Low - 47400 Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the...
banknifty likely to end down swing at 47186 levels ,reason for that is it cluster formance of multiple key trendlines and 360 degree down move ending , might indicate potential upside likely target 48232.so shorting at this point is not fruitfull look to reversal on late monday or tuesday for target of 48231..
I am sharing Nifty Levels this levels act as important support and resistance for intraday . If you want to trade with this levels wait for 15 min candle closing above that levels. You can trade with breakout and reversal both. Please note this levels are for intraday trading only.
Similar to NIFTY, BANKNIFTY witnessed bearish dominance last week, closing with a bearish weekly candlestick, yet maintaining a crucial support level around 47305 on the hourly timeframe. For the upcoming week, two key scenarios are under consideration: 1. Gap Up Opening: In the event of a gap up opening above 47700, sustained closure above this level without...
It looks NIFTY has taken technical support and likely to go up word from thi point., Unless there is any political news as elections are going on.
Banknifty (Daily) Moving in a channel 5 times took support on trendline Sharp bounce from trendline Uptrend & Forming HH & HL Disclaimer : No Buy Sell recommendation for Educational purpose only
47400 is very important level. this level can be the bottom for bullish reversal. if this level fails and breakdown market can fall to 46250 next support.
Support 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...
Market at the important support level. trendline support and resistance become support. confluence. expecting a bullish reversal
5 star Setup for Swing. Trendline Support on Daily TF And Clear RSI Divergence. Recommended in futures next month expiry with definite SL.
If Banknifty cross and close above 47900 in 30 Min time frame, then BN goes boom. if its brake 47300 again in 30 min time frame again BN go down more 1000 points.
Bank Nifty weekly levels for (06-05-2024 to 11-05-2024) Key Factors: 1. Bank Nifty has been smoothened in 3hrs and now it has been broken. 2. 49213 will act as a strong resistance and will lead to sell on rise. 3. As per my analysis, we can see 47350 soon. These ideas are given for learning purposes only.
BankNifty Chart Analysis.........10/05/2024 Long: 46990 level. Sl : 50 point premium Target : 47400 / 47600 / 47900 ==================================== Short : opening one hour 47910 Sl : 47950 Target : 47615 / 47370 / 47205 / 47000 Enjoy ! Note : You have to book some profit at 47615 level and also trail the stop-loss to 47200 / 47000 in the remaining positions.
It pays to notice the channel. Else the link is cut! While the results are good on many accounts, forget the missing estimates, the visibility is clear. This space will remain as split as anyone can look. While one can bank on HDFC, it is the SBI that will take sheen out of everyone. The Missing Key to the bank, true to its LOGO. There are many parts, the...
bank nifty major resistance ahead at higher level using pitchfan analysis