Discount Zone of Bank nifty for 1/02/2024If i get Bank nifty in Discount zone , I will buy call tomorrow.Longby imrahulshah20
Bank Nifty levels (for 31-01-2024) Bank Nifty levels (for 31-01-2024) are given for educational purposes only by mathsaranUpdated 0
BANKNIFTY--Breakout or Breakdown??I am sharing the important levels of Support and Resistance. These levels plays a crucial role in trading decisions, as they act as reliable markers of price movements. ------>>Support levels are price points where an asset tends to find buying interest, preventing it from falling further. ---->Resistance levels, on the other hand, are points where selling pressure typically prevents the asset from rising higher. Take a look at these levels and trade accordingly. Recognizing and respecting these support and resistance levels can help traders make informed decisions and manage risk effectively. They serve as key reference points for technical analysis and are vital tools in successful trading strategies. Trade safe...Thank you guys for your supportby IIT-TraderUpdated 4419
[INTRADAY] #BANKNIFTY PE & CE Levels(31/01/2024) 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 44950 Level in todays session.Any Major upside only expected in case banknifty starts trading above 45550 level to 45950 level.by TradZoo1
Banknifty Expiry levels 31st janMarket participants anticipate heightened volatility in Bank Nifty's expiry, driven by an Index VIX of 16.5 amidst budget sessions tomorrow. Brace for a potentially sideways expiration with uneven spikes, as indicated by levels marked on the chart. Please note that this information is for educational purposes only.by Shivam_Bhanot0
Nifty Bank View for Upcoming MonthHello Everyone, As we know on 1st of February, Union Budget is going to be announced. After that there will be a major reshuffle in the stock portfolios of the FIIs. Beside this Banking Sector is always on the top priority. So here we will discuss the major Support and Resistance Levels which if breaks could give a one sided momentum. So, basically we have seen Nifty Banks is trading closes near 45360 levels, if supposedly it takes takes support of 44500 and goes beyond that level then it will go till 43380 level. But if it start moving upward and cross the major resistance zone of 46300 level then there will be a great rally further. Upcoming levels shall be 47210-48270-49100. Optimistically the market mood depends on the Budget day and after that. One side momentum will start after next week of budget most probably. Thanksby TripuraInvescorp1
BANK NIFTY INTRADAY LEVELS FOR 31/01/2023BUY ABOVE - 45500 SL - 45300 TARGETS - 45660,46000,46240 SELL BELOW - 45300 SL - 45500 TARGETS - 45110,44900,44610 NO TRADE ZONE - 45300 to 45500 Previous Day High - 45660 Previous Day Low - 45300 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
BANKNIFTY: 31-JAN-2024 Levels and Strategy Gap Up Opening 45500 If prices sustain above 45500 for 1 hour, buy trade 📈 for the target 45771 with SL of 45440 🎯 If prices don’t sustain at 45500 and start trading below 45440, short trade 📉 with SL of 45500 for the target of 45141-45042 🎯 Flat Opening Buy Near 45120 – 45100 📈 with SL of 45040 for the Target of 45440 – 45600 🎯 Short below 45000 📉 for the target of 44694 with SL of 45060 🎯 Gap Down opening below 45200 Buy Near 45100 – 45050 📈 with SL of 45000 for the target of 45440 – 45500 🎯 Short below 45000 📉 for the target of 44700 with SL of 45050 🎯Longby LiveTradingBox1
BANK NIFTY S/R for 31/1/24Support 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.by zenthosh1
Bank Nifty My view Coming days Bank Nifty analysis, and Next week our finance minister Thiru nirmana Sitaram announce new budget so market move to my predictionLongby Vasantharaja_IND1
Banknifty--@What is Resistance (S or T)??Banknifty index is clearly broken the support @47000 zone. Price recently broken the longer term trendline as well.. Now price is trading near to support zones at 44500 minor support zone and 43500-43200 major support zone. Short Opportunity:: Enter the short positions when price tap into this resistance zone(Support) or facing resistance from trendline.look for short opportunities from this zone. Long Opportunity:: Enter long positions when price tap into the major support zone.looking for long opportunities from this support. Case:1 We have a resistance in the form of support @47000. Case:2 We have resistance in the form of trendline.by IIT-TraderUpdated 5539
[INTRADAY] #BANKNIFTY PE & CE Levels(30/01/2024) Today will be gap up opening in BANKNIFTY. After opening if banknifty sustain above 45550 level then possible upside rally of 400-500 points upto 45950 level & this rally can extend another 400 points if market give breakout 46050 level.Any Major downside only expected in case banknifty starts trading below 45450 level. by TradZoo6
Banknifty analysis 30 th janFor educational purposes only, understanding and analyzing the marked reversal and profit booking zones on charts can serve as a valuable lesson in navigating volatile markets. This insight aims to enhance one's comprehension of trading strategies and risk management, fostering a more informed approach to financial decision-making in the realm of market dynamics.by Shivam_Bhanot0
30 JAN 2024 BANKNIFTY SUPPORT AND RESISTANCE LEVELSHello Guys, Good Morning everyone, According to the data today market is going to open gap up After A gap up opening if Banknifty sustains Above 45500 and takes Support from 45500 then open target for T1-45600, T2-45800,T3-46000 If the Banknifty gap up opening sustains Below 45500 and takes resistance below 45500 then the open Targets for T1-45300, T2-45200,T3-45000 Major Levels 45500,45700,45300 If the market stands in this area of 45500 to 45700 then it is possible that even today the market will remain in the range. by mr_bull101
bank nifty view check the zone below 45500 is week wait for the support zone , resistance 46200 by POPPOPPUUpdated 1
BANK NIFTY INTRADAY LEVELS FOR 30/01/2024BUY ABOVE - 45660 SL - 45500 TARGETS - 46000,46220,46500 SELL BELOW - 45330 SL - 45500 TARGETS - 45110,44900,44610 NO TRADE ZONE - 45330 to 45660 Previous Day High - 45660 Previous Day Low - 45110 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_JP6641