NiftyBank Futures Key Trading Levels for 6th FEB 2023
Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be...
We may have to see where the BNF opens to see where it's heading. We may see some fall if it opens below today's close and then trends downwards. However i feel that BNF is more likely to trade in a range on 3rd Feb.
Hello Traders,
To make your trading easy , I posted this chart marking two days back . You can see all price action on the marked levels. To understand how to trade on these levels and what going to happen next . you can check below.
NiftyBank Futures Key Trading Levels for 3rd Feb 2023
Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken...
Today BNF is more n Selling side however it's in crucial point of Support.
Following are reason for reversal.
1. There is multiple divergence spotted on previous candle.
2. last one hour was decision point to make 33400 as support or resistance. closer of market made the 33400 as support.
Reason for Bearish continuation almost 150 Indicators optimized for Trend...
We should see Banknifty move up just a little on the 3rd of Feb. Banknifty may just try and reach 41300 and then fall. Imp levels mentioned on the chart.
BANKNIFTY closed above va
1. gapup opening 41000 can expect 41600 which will be point of rejection
2. flat opening 41000-40400 any dip will be buying opertunity shorts only below 40400
3. gapdown below 40400 can see 39800 coming
NiftyBank Futures Key Trading Levels for 2nd Feb 2023
Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken...
BANKNIFTY closed at resistance 41200
1. gapup above 41200 can expect a rally to 41600-41800
2. flat opening 41200-40800 will be no trading zone below which we can plan trade either side
3. gap down below 40800 can short till 40500 and 40000
Nifty future and banknifty future analysis and intraday plan in kannada.
This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post.
please consult your financial advisor before taking any action.
----Vinaykumar hiremath, CMT
This system is very simple when buying or selling any future at any time frame.
Signal
On the price chart
when the price or candle is over the slope and the trend of CFB and slope is in an uptrend, it is a buy signal, inverse for sell.
On oscillator momentum trader
please turn on the candle color bar.
when the momentum (lines) is green and the histogram...
BANKNIFTY closed above va
1. gapup opening will not chase the gap will wait for pullback to 41200 for longs
2. flat opening will buy the dips from 41200
3. gapdown below 41200 can short till 40800
Nifty future and banknifty future analysis and intraday plan in kannada.
This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post.
please consult your financial advisor before taking any action.
----Vinaykumar hiremath, CMT
NSE 
