BankniftyPair : Bank Nifty Description : Completed " 1234 " Impulsive Waves Symmetrical Triangle as an Corrective Pattern in Short Time Frame Break of Structure RSI - Divergence Rejection from Daily Demand Zoneby ForexDetective222
Bank Nifty Daily Chart,seems Bullish as it is Forming W patternBank Nifty Daily Chart,seems Bullish as it is Forming W pattern on daily time frame, above 46300 we can see good upward movement in bank niftyLongby narangsantosh870
BANKNIFTYNifty Bank, or Bank Nifty, is an index comprised of the most liquid and large capitalised Indian banking stocks. It provides investors with a benchmark that captures the capital market performance of Indian bank stocks. The index has 12 stocks from the banking sector. The top stocks of the index include HDFC Bank Ltd.by akilan147930
BankNifty Technical View for February monthHEIKIN AISHI also confirm the trend change in daily time frame chart in banknifty Longby anmolak1
NIFTYBANK: Reasons and Reverses!It was preparation to exit the longs, it looked as if the end of the bull run. We borrowed enough on the already brittle confidence about inflation. Cinematic events push U turn, those who left unwinding rued, those who were holding also rued, those who sat all through did not have any opinions that sums up the plot, otherwise an RED slotter for both bulls and bears. For those who were looking for reasons, let me put the fundamental or the economic reasons first. I 1. The inflation numbers, namely WPI FOOD INDEX YOY comes lower at 3.79%. This is the main trigger of the three numbers. First in the last two months this number printed above the 5% points while this time it comes below the 4%. Our Yields fall 4 bps but end just 2 bps. 2. The next Index is WPI Inflation wholesale prices that comes at 0.27%. For the readers this Index was negative -0.79% last year and went down as negative as -4.18%, as volatile as one can expect. It is above 0, but comforting to read. 3. WPI Manufacturing inflation (what the causes, lack of demand? over supply?) that comes at -1.13%. This has been on the negative throughout last year and has resumed it's downward journey. Good or bad one has to wait and see. By the way, anyone found Consumer Price inflation, or the prices falling when they spend? that is the absent across the world. II Now comes the Technical. 1. The pip graph shows the Inverse Head and Shoulders the clearly pushed the needle higher. Similar pattern can be seen in some graphs like Kotak Mahindra Bank. 2. The bigger picture, we have Morning Star pattern. To sum, NIFTYBANK appears bottomed and that in itself is good news to the NIFTY. We now carve the new base as 45500 while that holds move to 46400 to be the aim. Any fall below 45300 frustrates. by sreebhashyam1
[INTRADAY] #BANKNIFTY PE & CE Levels(15/02/2024) 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.by TradZoo5
BANKNIFTY – Levels and Plan for 15-FEB-2024 📈 Gap-up Opening above 46200: Look for buying opportunities near 46000 – 45854, with SL at 45713. Target is 46400. Short trade if price slips below 45850 and trades below 45700, with SL at 45800 and Target at 45400. ⏸️ Flat Opening: Consider a buying trade between 46012 – 45854, with SL at 45700 and target at 46400. On sustained movement above 46460, target is 46706. Short trade can be considered below 45713 with target at 45396. 📉 Gap Down Opening below 45700: Consider a buy trade near 45800 if price finds support at 45700 and quickly regains 45800 level. SL below 45700 and Targets at 46000 and 46404 on sustained movement above 46050. Short below 45700 with SL at 45850 for the target of 45400 - 45300. Please note that trading involves risks. Make sure to perform your own analysis or consult with a financial advisor before making any trading decisions.Longby LiveTradingBox0
Bank Nifty Levels for 15 Feb 24I am sharing Bank Nifty Levels for 15 Feb 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 only.by KaushalRakesh0
"W" IN BANKNIFTY - DAILY CHARTWise risk for this W pattern in Bank Nifty Index. Observe. Bullish Bank?? Longby Learnase771
Banknifty trading setup 15/02/24Banknifty trading setup for 15/02/2024 we shall trade as per market open and trend for the dayby ash4kavi0
BANK NIFTY S/R for 15/2/24Support 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
Bank Nifty levels (for 15-02-2024)Bank Nifty levels (for 15-02-2024) are given for educational purposes onlyby mathsaran0
BANK NIFTY INTRADAY LEVELS FOR 15/02/2024BUY ABOVE - 46170 SL - 46010 TARGETS - 46300,46500,46670 SELL BELOW - 45730 SL - 46010 TARGETS - 45570,45330,45150 NO TRADE ZONE - 45730 to 46170 Previous Day High - 45730 Previous Day Low - 44950 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_JP27
Nifty and Bank Nifty analysis for Thursday 15th FebruaryNifty and Bank Nifty analysis and trade plan for tomorrow, Thursday 15th February | #nifty #nse 06:34by rahulbora111
BANKNIFTY will fall 300 - 600 points ? cmp 45502BANKNIFTY Negative Bias - cmp 45502 Not sustained above the resistance levels 45593 - 45910 May move down by -300 to -600 Points ( 45128 - 45433) Support placed at 44605 - 44895 Reversal Levels 46132 - 46350 Option Traders avoid early entry due to risk of premium loss upon ExpiryShortby MaideenUpdated 114
[INTRADAY] #BANKNIFTY PE & CE Levels(14/02/2024) Today will be gap down opening in BANKNIFTY. After opening if banknifty start trading below 45450 level then possible downside rally of 400-500 points upto 45050 Level & this rally can extend another 400 points if market gives breakdown 44950 level in todays session.Any Major upside only expected in case banknifty starts trading above 45550 level.also possible reversal upside 45050 level. by TradZoo2
NIFTYBANK: Higher and longer The reluctant sell zone, get the reality buy check. Bounces and move past the upper zone of 45200-300. Fin Expiry adds to the spice. While the close is encouraging, the last couple of days of moves if anything to go buy is lower lows and lower highs. Save yesterday. The PIP graph is the Intra-day graph. Let's dwell on the overnight cues the CPI. This is relevant not only to the global trajectory on yields and currencies, this also is part of the comments from the recent MPC. US CPI core services print 0.7%, while the super core (excluding shelter) prints 10.2% YoY surge of 85 bps. This is one of the indicator J Powell watches. It is usually after 8 months of pause the first cuts unfold, but there are periods when the first cut has not materialised before the 18 months, year 1969 and 1997. This logic can push the first cut to 2025. Not an outright rejection of the probability. While Asia inflation slightly on the descent, note the easy fiscal and monetary policy means it is only lag effect of inflation to rise again. Europe in the middle with varied, the focus on growth far outweighs the inflationary debate. What is more worrying this rise in inflation is despite the lower energy costs, Gas as well as Crude Oil. That shakes up the confidence about lower that is near. It is back to higher and longer. From the Index despite the global cues, it is still stuck in the range of 44000-46000 range, squeeze that you get 44400-45600. Though for the day it is capped yesterday high while 44600-700 is under test. by sreebhashyam2
BANK NIFTY INTRADAY LEVELS FOR 14/02/2024BUY ABOVE - 45570 SL - 45450 TARGETS - 45730,46010,46200 SELL BELOW - 45330 SL - 45470 TARGETS - 45150,44950,44740 NO TRADE ZONE - 45330 to 45730 Previous Day High - 45730 Previous Day Low - 44740 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_JP41
Banknifty trading setup Banknifty trading setup for 14 feb 2024 we shall trade the trend for the day by ash4kavi2211
BANKNIFTY – Levels and Plan for 14-Feb-2024 🏦 Gap up opening above 45650, Buy Trade: If prices sustain above 45660 for the target of 45851 – 46006 with SL of 45520. Short Trade: If prices don’t sustain at 45650 and start trading below 45600, with SL of 45650 for the target of 45200 - 45193 - 44955. Flat Opening, Short Trade: If prices face resistance at 45660 and trade lower, keep SL at 45700 and target 45200 – 45000. Buy Trade: Above 45670, keep target at 45850 - 46000. Gap Down Opening below 45300, Buy Trade near 45200, keep SL 45150 and Target 45500 – 45700 - 45850. Short Trade: If prices start trading below 45180 and face resistance at 45200, Target should be 44955 – 44900. Below 44850, prices can see a sharp fall to 44534 - 44408.by LiveTradingBox0
BANKNIFTY--Breakout & Retest??Banknifty has broken the trendline strongly... if price retest then will go for long side... but on bottom side we are still pending with liquidity below the support levels... keep looking for long side after clearing the liquidity done.by IIT-Trader1112
Bank nifty levels for (14-02-2024)Bank nifty levels for (14-02-2024) are given for learning purposes onlyby mathsaran1
Bank Nifty Levels for 14 Feb 24I am sharing Bank Nifty Levels for 14 Feb 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 only.Shortby KaushalRakesh0