Nifty Bank levels (for 04-03-2024)Nifty Bank levels (for 04-03-2024) 1. 2 hrs time frame will give the exact direction of the trend 2.47000-56 will act as a strong supportby mathsaran0
Banknifty 1. **On the upside, there's a strong Fair Value Gap (FVG) just itching to be filled. It's like a secret love letter tucked away in the market's pocket, waiting to be discovered by eager traders. 2. **Currently, the situation is playing hard to get, hinting at a possible trend going down for the next 1 to 3 days. It's like the market's giving us the silent treatment, leaving us guessing and adding a dash of mystery to the trading game. 3. **For intraday support and resistance, we've got the Previous Day High (PDH) and Previous Day Low (PDL). Buying below PDL or above PDH is like slipping into a cozy bed that's just right - comforting and snug, with no room for discomfort. 4. **Now, if a 45-minute candlestick decides to close above PDH, we might just be in for some gap filling action – but only if that candle closes properly above PDH, like a perfect kiss goodnight. It's the market's way of teasing us with possibilities, keeping us on our toes and making every close count! Remember, I'm here to add some spice to your trading journey, one humorous analysis at a time! 💼🎩Shortby pas_infinity4423
BankNifty - Can it touch 50K?Bank Nifty is going to show a breakout and may take the levels to new highs .. Can it touch 50k , we will have to wait and see . A calculation of path to the journey is tried here.. good luck !Longby ChartsXtrapolated1
BANKNIFTY- Intraday Levels - 4th March 2024* Approx. movement expect is around +/- 330 or 460 or may be 600 points movement. **Index (Spot) Level - If BANKNIFTY sustain above 47299 then 47455 to 47475 then 47670 to 47699 Strong level then 47837 to 47885 (Strong level ) if closed above this then bullish, and last stop would be 48080 to 48100 or 48161 If BANKNIFTY sustain below 47222 then 47025 then 46871 to 46810 or 46774 strong level then 46595 strong level then last stop would be46312 to 46266 then 46218 to 46164 Consider some buffer points in above levels. Please do your due diligence before trading or investment. **Disclaimer - I am not a SEBI registered analyst or advisor. I does not represent or endorse the accuracy or reliability of any information, conversation, or content. Stock trading is inherently risky and the users agree to assume complete and full responsibility for the outcomes of all trading decisions that they make, including but not limited to loss of capital. None of these communications should be construed as an offer to buy or sell securities, nor advice to do so. The users understands and acknowledges that there is a very high risk involved in trading securities. By using this information, the user agrees that use of this information is entirely at their own risk. Thank you.by PrashantTaralkar0
#Banknifty:4th March#Banknifty:4th March Step1: If GU opening below 47500 then buy long. Step2: Add further long at 47200. Step3: if GD then buy long in the opening. Add toward 47009-46961. Step4: Book profit 47700 under both circumstances. Step5: Swing high 48191 possible.by rudrajit_deb0
Diving into risky short of BANKNIFTYAnalyzing the wave count in red, it's evident that BankNifty is poised for its 5th wave within the 4th wave cycle. The chart reveals a wedge formation, with the 5th wave of the wedge nearing completion as indicated in orange. Considering this, I'm inclined towards initiating a short position at the wedge's apex, anticipating the forthcoming 5th wave of the major cycle. However, it's crucial to acknowledge the high risk associated with this move. Hence, I'll opt for a disciplined approach, maintaining a tight stop-loss to mitigate potential losses.Shortby ElliottWaveInsights5
Banknifty Chart Analysis 1 hr Time Frame Hello friends in my 1 hours time frame chart analysis market will be go down trade only in 1 hr chart frame and hold the trade I hope it will help you to trade thank you Shortby SoyabAhamad21
BANKNIFTY LONG Banknifty elliot wave analysis daily time frame = 5 wave move upside 5th Wave Internal = 1,2,3,4 or 5 Current time 3rd wave move upsideby HARISHRAO991
BANK NIFTY S/R for 4/3/24Support and Resistance Levels: Based on the price action, you have to identify two significant levels: the red line acting as resistance and the green line acting as support. Additionally, there have marked red and green shades to represent resistance and support zones, respectively. Support: The green line and green shade represent support levels. These levels are where the price tends to find buying interest, preventing it from falling further. Traders can consider these levels as potential buying opportunities. Resistance: The red line and red shade represent resistance levels. These levels are where the price tends to encounter selling pressure, preventing it from rising further. Traders can consider these levels as potential selling opportunities. Breakouts: If the price breaks above the resistance zone (red shade) convincingly, it may indicate a bullish breakout, and the price could move higher to the next resistance level. On the other hand, if the price breaks below the support zone (green shade) convincingly, it may indicate a bearish breakout, and the price could move lower to the next support level. Keltner Channel: The Keltner Channel is a technical indicator that uses an exponential moving average (EMA) to create an upper and lower channel around the price action. Traders can use this channel to identify potential long and short positions. Long Position: If the price is above the upper line of the Keltner Channel, it may indicate a potential long opportunity, as it suggests the price is trading above the average range and might continue in an upward trend. Short Position: If the price is below the lower line of the Keltner Channel, it may indicate a potential short opportunity, as it suggests the price is trading below the average range and might continue in a downward trend. Disclosure: I am not SEBI registered. I just wanted to let you know that the information provided here is for learning purposes only. Please consult your financial advisor before making any decisions. Tweets neither advice nor endorsement.by zenthosh1
BANK NIFTY INTRADAY LEVELS FOR SATURDAY 02/03/2024BUY ABOVE - 47360 SL - 47200 TARGETS - 47600,47750,47880 SELL BELOW - 47200 SL - 47360 TARGETS - 47080,46900,46750 NO TRADE ZONE - 47200 to 47350 Previous Day High - 47350 Previous Day Low - 46300 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 support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day. Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move. Please NOTE: this levels are for intraday trading only. Disclaimer - All information on this page is for educational purposes only, we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made. Request your support and engagement by liking and commenting & follow to provide encouragement HAPPY TRADING 👍by Jagadheesh_JPUpdated 1116
[INTRADAY] #BANKNIFTY PE & CE Levels(02/03/2024) Today will be gap up opening in BANKNIFTY. After opening if banknifty sustain above 47050 level then possible upside rally of 400-500 points upto 47450 level & this rally can extend another 400 points if market gives breakout 47550 level in todays session.Any Major downside only expected in case banknifty starts trading below 46950 level. by TradZoo1
Buy With Strick StoplossAccording To trend it is not alllowed to make new lower low from 24 jan 24 holding itself 200 ma yesterday crossed 20 to 50 as well as positive MACD The close of yesterday is above the trendline.. Just waiting for momentum follwo the stoploss and hold for full month Longby AhmedabadTradebulls0
Bank Nifty Levels for 2 Mar 24I am sharing Bank Nifty Levels for 2 Mar 24, 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. Please note this levels are for intraday trading onlyby KaushalRakesh3
BANKNIFTY- Intraday Levels - 1st March 2024If BANKNIFTY sustain above 46195 then 46265 to 46331 then 46619 to 46655 then 46754 strong level then 46803 then 46893 strong level then 46943to 46997 if day closing is above this then trend will be considered as bullish . If BANKNIFTY sustain below 46009 to 45963 strong level then 45852 strong level then 45688. to 45652 then 45591 to 45539 if day closing is below this then trend will be considered as bearish . Consider some buffer points in above levels. Please do your due diligence before trading or investment. **Disclaimer - I am not a SEBI registered analyst or advisor. I does not represent or endorse the accuracy or reliability of any information, conversation, or content. Stock trading is inherently risky and the users agree to assume complete and full responsibility for the outcomes of all trading decisions that they make, including but not limited to loss of capital. None of these communications should be construed as an offer to buy or sell securities, nor advice to do so. The users understands and acknowledges that there is a very high risk involved in trading securities. By using this information, the user agrees that use of this information is entirely at their own risk. Thank you. by PrashantTaralkarUpdated 1
BANKNIFTY--Support ?? Resistance??Bank nifty index is taking the support multiple times from the level @46400 levels. this is the crucial level to see it will break the trendline to move upside or by facing the resistance in the form of support and falls back to below levels and continue to move down. even though price breaks the trendline we have to wait for bullish continuation. by IIT-TraderUpdated 6649
Head & Shoulder pattern breakout in BANKNIFTYBANKNIFTY INDEX Key highlights: 💡⚡ ✅On 15 MIN Time Frame Banknifty index Showing Breakout of Head & Shoulder Pattern. ✅Strong Bullish Candlestick Form on this timeframe. ✅It can give movement up to the Breakout target of 46850+. ✅Can Go Long in this Banknifty index by placing a stop loss below 46100-.by TradZoo9
BANK NIFTY INTRADAY LEVELS FOR 01/03/2024BUY ABOVE - 46300 SL - 46100 TARGETS - 46450,46560,46750 SELL BELOW - 45930 SL - 46100 TARGETS - 45730,45570,45330 NO TRADE ZONE - 45930 to 46300 Previous Day High - 46300 Previous Day Low - 45730 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 support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day. Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move. Please NOTE: this levels are for intraday trading only. Disclaimer - All information on this page is for educational purposes only, we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made. Request your support and engagement by liking and commenting & follow to provide encouragement HAPPY TRADING 👍by Jagadheesh_JPUpdated 27
BANK NIFTY S/R for 1/3/24Support and Resistance Levels: Based on the price action, you have to identify two significant levels: the red line acting as resistance and the green line acting as support. Additionally, there have marked red and green shades to represent resistance and support zones, respectively. Support: The green line and green shade represent support levels. These levels are where the price tends to find buying interest, preventing it from falling further. Traders can consider these levels as potential buying opportunities. Resistance: The red line and red shade represent resistance levels. These levels are where the price tends to encounter selling pressure, preventing it from rising further. Traders can consider these levels as potential selling opportunities. Breakouts: If the price breaks above the resistance zone (red shade) convincingly, it may indicate a bullish breakout, and the price could move higher to the next resistance level. On the other hand, if the price breaks below the support zone (green shade) convincingly, it may indicate a bearish breakout, and the price could move lower to the next support level. Keltner Channel: The Keltner Channel is a technical indicator that uses an exponential moving average (EMA) to create an upper and lower channel around the price action. Traders can use this channel to identify potential long and short positions. Long Position: If the price is above the upper line of the Keltner Channel, it may indicate a potential long opportunity, as it suggests the price is trading above the average range and might continue in an upward trend. Short Position: If the price is below the lower line of the Keltner Channel, it may indicate a potential short opportunity, as it suggests the price is trading below the average range and might continue in a downward trend. Disclosure: I am not SEBI registered. I just wanted to let you know that the information provided here is for learning purposes only. Please consult your financial advisor before making any decisions. Tweets neither advice nor endorsement.by zenthosh1
[INTRADAY] #BANKNIFTY PE & CE Levels(01/03/2024) Today will be gap up opening in BANKNIFTY. After opening if banknifty sustain above 46050 level then possible upside rally of 400-500 points upto 46450 level & this rally can extend another 400 points if market gives breakout 46550 level in todays session.Any Major downside only expected in case banknifty starts trading below 45950 level. also possible reversal downside 46450 level.by TradZoo4
Banknifty 01 March 2024 Analysis Hello friends as in 5 mint chart if you will check there doubal top is making but 20 moving average is in up trend the simple things that if market flat open make the break out up site after retest with goog bullish candel you can buy or in case gap up opening then wait for again come higher low then you should buy I hope you like ideas so please comment me thank you and God bless you.Longby SoyabAhamad1
BANKNIFTY: Levels and Trading Plan for March 1, 2024 Gap Up Opening above 46,300: Expect sideways movement between 46,356 – 46,447. Consider a long trade if the price sustains above 46,447, targeting 46,620 - 46,889 with a stop loss below 46,350. Initiate a short trade if the price trades below 46,300 and faces resistance at 46,360, targeting 46,200 – 46,000 with a stop loss at 46,350. Flat Opening near 46,200: In case of a flat opening around 46,200, consider a long trade with a stop loss at 46,000 for targets of 46,447 – 46,554 – 46,620. Gap Down Opening: If the price opens below 46,200, consider a long trade near 46,000 with a stop loss below 45,800 and targets at 46,200 – 46,356 – 46,447 – 46,554. A short trade can be considered if the price trades below 45,800, targeting 45,576 - 45,481.Longby LiveTradingBox0
BANKNIFTY ANALYSIS 1stMAR2024Hi guys, Today's has done monthly expiry in Nifty/Banknifty both u can see that today market has volatile. I think next month banknifty breaks it's all time high & showing it's strength. As per chart analysis u can see that one new trendline appear & act like support, So market will come to test this trendline & then market get ready for upside also for upside market planned to hits sellers stoploss. Now Market is strong bullish Support 45900-46150 Resistance 46600 Longby ankitparasram140
Bank Nifty Levels for 1 Mar 24I am sharing Bank Nifty Levels for 1 Mar 24, 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. Please note this levels are for intraday trading onlyLongby KaushalRakesh0