BANK NIFTY THIS WEEKexpect bearish open, check the zones to entry and exit based on price action rules .by POPPOPPU0
Bank nifty Either Side Move Possible - Buy On Dip NSE:BANKNIFTY Analysis :- Weekly Bank nifty on Weekly Chart Formed Bullish Reversal Candles Pattern like Inverted Hammer , Hammer & Bullish Engulf and Trading above 20SMA of BB 45530 & 50 Ema 44376 will act as Support Now Trading Above the PWH ( Previous Week High ) is Important to Continue its short term Uptrend. Weekly TGT is On Card 48636. Daily Indecision Candle Formation on Daily Chart . Failed to Challenge BB. Upside TGT is Pending on Card 46892.35 Probability is High to Hit upside Target subject to crossing PSYCHOLOGICAL Level 46500 Either Side Move is On Card 500 Points Each Side , as of Now Buy on Dip along with Price Action is Important. on 4 Hourly chart the Formation of Shooting star like Candle is cause of Worry. Hourly Bank nifty is trading in Uptrend & in Channel. Last Trading day it has Created a Range & Broken Channel. Now Either side Move is on the Card it Will Zoom Above Hourly High 46485 & will be Weak Below 46264. The Negative Price Action on last Hour & Closing Below PSYCHOLOGICAL Level is Cause of Worry. Price is at Upper side Of BB , Now Support is at 46170,46000 PSYCHOLOGICAL Level & 45829 Which 50EMA Support. RSI is Above 60 But Stochastic has Given NCO & Showing Down tick. Nifty is Bullish & Nearing ATH But Compare to Nifty Bank nifty is Weak Supportive Price Action by Bank nifty Contributor Banks HDFC Looking Bullish & Given Breakout of Channel - , above 1427 will try to trade Upside for TGT 1439 & 1446 ICICI Looking Bullish &trading in Range , above 1026 will try to trade Upside for TGT 1031 & 1035 Axis Bank Looking Mild Bullish & trading in Range , above 1076 will try to trade Upside for TGT 1087 & 1094 SBI Looking Super Bullish & BB Challenged & trading up side and at ATH above 774 will continue to trade Upside for TGT 787 & 792 Kotak Bank Looking Bearish & trading Down side , above 1752 will try to trade Upside for TGT 1762 & 1769 IndusInd Bank is at Support & Will try to trade Upside if able to Cross 1506 For Upside TGT of 1528,1542 Global & Domestic Event Will Impact Bank nifty.by dixitsoham71
Bank Nifty levels (for 19-02-2024)Bank Nifty levels (for 19-02-2024) are given for learning purposes onlyby mathsaran4
bnf indiafvg and order block analysis.. showing resistance and support areas. for educational and learning purpose..by Arun2enjoy0
Nifty bank neutral zoneFacing 47000 level resistance upwards breakout make new ath Option trader wait for out the money call till this money candle close if close below 47000 we can see PE short call till 45k For more chart analysis comment me in this post.by Trade_with_pandeyji_1
BankNifty long setup if closes above 46580 on 1 hrs chartAs seen on 1 hrs chart trendline connecting bottom of 10Jan candle and top of 17Jan/2Feb/16Feb ..if BN closes above 46580 on 1hr chart could open target of 48330 / 48900...above 47200 could see quick rally of approx 800 point Till 48000, currently creating nice VCP pattern.Longby praveshk23
Banknifty viewDisclaimer -This is my view your can be different. Reason for it- Banknifty making a channel on a daily. Strong Resistance at 47000 On weekly basis forming a rising wedge. Divergence on RSI .Shortby manishsharmadw19981
Bank nifty with fibBank nifty index now done by break up 1.618 and retest done now next Target is 60000Longby duraic0030
BANK NIFTY S/R for 19/2/24Support 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 zenthosh0
Banknifty 15 minute chartBanknifty elliot wave analysis 15 minute chart. Wave 3rd wave complete and 4 th correction and down side and again go upside .Longby HARISHRAO9916
BankNifty LongBanknifty elliot wave analysis banknifty complete complex correction and start upside Longby HARISHRAO994
BankNifty Short OpportunityCurrently price at institution selling zone and gave TL breakdown. So price will fall atleast 46010-46070. Trade at your OWN risk. We are not SEBI registered.Shortby amit17gajjar8
Good positional setup formed in Bank nifty BANK NIFTY Head And Shoulder Pattern good opportunity for positional trade Low Risk High RewardLongby mangleshrajput029Updated 442
BANKNIFTY Broke the resistance and moved upBANKNIFTY broke up the resistance levels and moved +300 Points. 46000 CE Option 21 Feb Expiry moved from 280 to 410. Spot moved from 45480 to 45764 (+300) Longby MaideenUpdated 222
update in banknifty february month view, be very carefulAt this point, be very careful, because E is our resistance zone as per technical, As per Open interest highest OI is also at 46500 to 46600 with high volume, with support @ 46300-46400 if, bychance market opens gap up on monday, then we will see good short covering otherwise a fall again, i am predicting all with the help of advance option chain data, volume data & technicals. do your own also before deploying any trade. watch also in heikin aishi format, day with weekly time frame. jab paas se kuch na dikhai de to thoda door jakar dekho, sab saaf dikai dega, i think you people understand, better understand Longby anmolak6
BANKNIFTY Break outBank Nifty broke out of a head and shoulders pattern...tgt calculated and posted ..on chart..please do see the chart...Please note if price breaks into a new price zone then..it will go in that price zone direction.Longby JUDEBOY2
[INTRADAY] #BANKNIFTY PE & CE Levels(16/02/2024) 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 TradZoo7
Key levels for bankniftyBanknifty is very close to give a breaput of tough resistance. After that we can see an new all time highby Shivam_Bhanot0
Bank Nifty levels (for 16-02-2024)Bank Nifty levels (for 16-02-2024) are given for educational purposes onlyby mathsaran3
BANKNIFTY 46800 short term?#BANKNIFTY at a massive resistance zone and as long as 46400 doesnt break, I will not touch it. Once it does break, the view will switch to buy on dips and target will be 46800 atleast.Longby TheSnop2
Bank nifty may growBankNifty to advance from its current position, as bullish momentum seems evident. Additionally, the formation of an inverse head and shoulders pattern suggests a possible upward trend reversal. This pattern typically signifies a shift from bearish to bullish sentiment, potentially indicating further price appreciation. Investors may observe closely for confirmation of this pattern and monitor for sustained upward movement in BankNifty's price.Longby indaytrading117
16/2/24Support 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 zenthosh3