Bank nifty in Chanel clearly showing profit booking once pattern broken expecting long.
Banknifty has been trading sideways for the past 3 trading sessions. At higher levels, it is facing supply pressure and at lower levels, demand is coming in. Now for tomorrow It can move in any direction, and there is a possibility of a trending move tomorrow, hopefully. Support levels - 39428-39462 - opening and sustaining this level, might open a breakout...
2 Days of continuous flat openings and closings. Yet my view is still Bullish on BankNifty. Important levels have been marked for strength and weaknesses. Cautious and small traders have to be light on their positions and proper risk management has to be adhered to. ***** Im not SEBI registered and this analysis is just for educational purposes. Contact your...
Bank nifty is forming a flag pattern if manages to breakout then it can see @40k level Level to watch 39752 ==39720
Inverted cup with handle pattern . Short banknifty as risk to reward is very favourable. Trade with trend resistance stop loss, for a target of 39200.
NSE:BANKNIFTY . SELL ONLY AFTER LINE BRK Please note that we are not a SEBI Registered Investor Adviser/PMS/ Broking House. All the contents over here are for educational purposes only and are not investment advice or recommendations offered to any person(s) with respect to the purchase or sale of the stocks / futures and options. You are also requested to...
My views with the banknifty will be bearish if it does break the trend lines. Downward movement of the will be decided based on 1st 5mint candle if it below the cpr.
Nifty bank attempted once towards 40000 and profit taking kicks in. Despite the failure around 40000, bulls are still in charge here and thus consider higher base than top. New range 39300-40300 kicks in. Better placed than some indexes hence, buying interest to support while creating higher base. 39400-39900 range to work for the day.
Bank Nifty Entry & Targets for Today 20 Oct (This is For Education Purpose only, Don not take trades based on our views. If you take trades based on our views you are responsible for your profit and loss.)
The Banknifty index has given a non-stop rally after the range shift. The Index has given an impulsive wave and we already know that every impulse has a correction. Now the Index has a wider range. If the index opens gap up then we will be selling from the high point of 39,750-39,800 Or We will consider a short position below 39,390 which is also the...
Although i am super bullish on banknifty for targets of 43000 till November. But for tomorrows intraday, short banknifty when price approaches green trend line for a target of 39160. If price breaks out of it, then take ur small stop loss and dont take call , and anytime if it renters green channel, Again make short position for same target.
If banknifty break 39400 Then we can go for short upto 38900
#BANKNIFTY Important Levels...............................................................
Open AT THE RANGE OF 200 POINT FROM CLOSING If Banknifty gives break down 39390 level then it will fall upto 150-160 point so take trade when banknifty show break down STOPLOSS 50-60 RUPEES TARGET INTACT IN CHART
Banknifty opened the gap up, saw tiny follow up, couldn't sustain at higher levels, and closed in red near its low, forming a Bearish Candle Now the price action of today does not look good and did signal caution for the upcoming session. 1. Gap up Opening - Didn't sustain 2. Bearish Engulfing candle at channel resistance. 3. RSI at 70 levels. 4. Full Moon ...
Important Levels for banknifty intraday, PLEASE LIKE,SHARE AND FOLLOW.......................................................
This is my opinion please trad care fully The market is ahead of your thinking and that of others like us you never know the market is uncertain...thank you and this level are spot price...