BANKNIFTY1!Support and Resistance Levels: In technical analysis, support and resistance levels are significant price levels where buying or selling interest tends to be strong. They are identified based on previous price levels where the price has shown a tendency to reverse or find support. by akilan147935
BANKNIFTYBANKNIFTY closed below va 1. gapup 49300 long till 49600 2. 49300-48900 trade reversal 3. gapdown 48900 short till 48700by subhankarsahoo5
BANKNIFTYBANKNIFTY closed below va 1. gapup 48550 long till 48900 2. 48550-48250 trade breakout 3. gapdown 48250 shortby subhankarsahoo1
BANKNIFTYBANKNIFTY closed below va 1. gapup 48100 long 2. 47700-47500 trade reversal 3. gapdown 47500 shortby subhankarsahoo1
Retrace started, pattern is clear !A very clear and consistent HH-HL price action and measured moves down ! I believe we will see a retrace back to the TrapZone. what do you think ?Shortby SnowflakeTraderUpdated 2
BANKNIFTYBANKNIFTY closed above va 1. gapup 49600 wait for retracement for fresh longs 2. gapdown 49100 look for longsby subhankarsahoo6
BANKNIFTYBANKNIFTY closed below va 1. gapup 49600 long till 49900 2.49600-49350 trade breakout 3. gapdown 49350 shortby subhankarsahoo4
Now what ?Bank nifty in in no man's land. The close of tomorrow's candle will give us some level to mark. There seems to be decent absorption at 49580. But how strong these shorters are will be have to be seen tomorrow. Ideally a HANDLE will have to be formed for a healthy up move. Now, how big a handle?by OldMonk132
Weak weak ?Will the banks be able to close this week above these crucial levels is the big question. Them Bank Nifty remains the lone crusader who never gave into this bloodbath. by OldMonk130
BANKNIFTY BANKNIFTY closed below va 1. gapup 48050 long till 48150 2.48050-47700 trade reversal 3. gapdown 47500 shortby subhankarsahoo0