BANKNIFTY: 20781 Below 20750 today’s target will be 20690 & 20550
I am trying to write a convincing level format, as people are confused with given levels thinking that , those lower levels are entry level for long. It is not the case. New viewers please read it completely and tune it to your comfort level, until you understand what is discussed here. Don’t jump in to conclusions. These levels are like pivots level only & will be useful for trading. Volatile markets changes its direction unexpectedly at these level. So if you find a price movement is slowing at any given level, chances are there to reverse the trade. Take action accordingly. I am not available in the market hours, and don’t use real time data. So if any one ask me trade advice, I cant help. And I am not here for selling tips. To not to be dependent to any one, you must Know the direction, know the levels, keep a stop loss, and trade confidently. That is what I am trying to do here, to let you know the current trend, best possible levels for today and in general, build confidence among trader community. Thank you for reading.
if trading Above 28020 toady’s target can be 20980 & 21030 Weekly BN down side target is 20650 and may extended to 20550 as the downward momentum is increasing Weekly up side target expecting was 21555
Comments
HappyVijay
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Sir your Todays Bank nifty target Prediction was Awsome ! Bang on first target :) Sir just dosent understood about second Target level 21030 ! How you have calculated that ? I mean what method ?
padiyara
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@HappyVijay, it is pivot levels only, turned to the current volatility values, matching the one hour candle chart resistance and supports,same as the first level only.
if it successfully crossing the first level,
it will definitely find the next one as res or support.There is no special calculations for that.
@padiyaraa, 30th March..... Bank Nifty and Nifty Both.
padiyara
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@Marketpassioner, ok, why I ask this, because you ask me BN only in the First case.. Ok
I dont know if anyone can give this in advance. but we can definitely make it on expiry week.
And the BN for 30 march series is FAR now. if you are trading in it you must be knowing it.