Bank Nifty Levels for 29-05-2023In Bank Nifty Upper side 44500 and 45200 is Important Level
and Lower Side 43750 is important level.
Previous day Bank Nifty has closed @ 43677.
Check Previous Day Level Performance and comment.
For any Feedback and Suggestion, please free feel to message us.
Disclaimer: Content shared on or through our digital media channels are for information and education purposes only and should not be treated as investment or trading advice. Please do your own analysis or take independent professional financial advice before making any investments based on your own personal circumstances. Investment in securities are subject to market risks, please carry out your due diligence before investing. And last but not the least, past performance is not indicative of future returns.
Baninifty
Bank Nifty: Monday - 05/12/22Levels:
Support: 43000, 42700, 43550, 42350
Resistance: 43350, 43630, 44000
OI Data:
---------------------------------------------------------------------|
Bank Nifty => Price: 43103.75
ATM: 43100 , ITM: 43000, 42900, 42800 , OTM: 43200, 43300, 43400
---------------------------------------------------------------------|
Highest OI Call in Bank Nifty per OI data: 43000
Highest OI Put in Bank Nifty per IO data: 43000
Nearest Major Resistance in Bank Nifty per OI data: 43600
Nearest Major Support in Bank Nifty per IO data: 42700
---------------------------------------------------------------------|
Trade setup:
1. For any buy trade, follow the N pattern (let the price run above the level, let it retraces back to the level and let it hold the level as support)
2. For any sell trade, follow the mirror-N pattern (let the price fall below the level, let it pull back to the level and unable to pass through the level as resistance).
+++++++++++++++++++++++++++++++++++++++++
Trade | Level | SL | T1 | T2
-----------------------------------------
BUY | > 43350 | 43250 | 43500 | 43650
-----------------------------------------
SELL | < 43200 | 43300 | 43000 | 42800
+++++++++++++++++++++++++++++++++++++++++
Bank Nifty: Tuesday - 01/11/22Levels:
Support: 41300, 41000, 40850
Resistance: 41425, 41675
OI Data:
Bank Nifty => Price: 41307.9
ATM: 41300 , ITM: 41200, 41100, 41000 , OTM: 41400, 41500, 41600
Highest OI Call in Bank Nifty per OI data: 41500
Highest OI Put in Bank Nifty per IO data: 41000
Nearest Major Resistance in Bank Nifty per OI data: 41500
Nearest Major Support in Bank Nifty per IO data: 41000
Trade setup:
1. For any buy trade, follow the N pattern (let the price run above the level, let it retraces back to the level and let it hold the level as support)
2. For any sell trade, follow the mirror-N pattern (let the price fall below the level, let it pull back to the level and unable to pass through the level as resistance).
+++++++++++++++++++++++++++++++++++++++++
Trade | Level | SL | T1 | T2
-----------------------------------------
BUY | > 41305 | 41250 | 41500 | 41650
-----------------------------------------
SELL | < 41200 | 41300 | 41000 | 40800
+++++++++++++++++++++++++++++++++++++++++
[INTRADAY] #BANKNIFTY PE & CE Levels(05/05/2022)Today will be gap up opening in banknifty. Expected opening above 35550 level. After opening banknifty will face upside resistance at 35950 level. Below 35450 level expected downside upto 35050 and this can be extend for further 400-500 points in case banknifty starts trading below 34950 level.
BANKNIFTY ANALYSIS WITH TRADING IDEA AND MARKING LEVELSHELLO TRADERS,
This post is all about the BNF analysis posted on the community tab , the link is given below box provides the trading levels and trading ideas, posted yesterday which can see in this post, marking and explanation to understand how to trade.
Trade Idea for 17 -11-21
37506 is halt 3
1. If the price opens the gap down near zone 1 then it will act as support either price will be range-bound between zone 1 or zone 1to halt 2.
2. on the contrary, if the price opens near halt 2 and takes resistance then zone 1 is your target .
3. Price is not expected to go to halt 1 without touching halt 3 and not expecting going beyond halt 3.
4. Do not expect smooth trades completely range-bound profit booking should be swift.
Yogesh Vats
Nifty Stay on long side above 18130 - SL 18650. Exceeding and sustaining above 18130 is important fot long side trades.
17998 is an important support, dips should be used to add as long as this is intact.
17850 support loss - short term trades,
Sharp upmove can be expected above 18180-18220 resistance range.
Resistance levels for week 18205,18268,18335,18400,18484
Supports 18055,17960,17893,17800,17729