Get started

Banknfity

Bank Nifty - Intraday Levels for 20 Jun 2022Bank Nifty Trade Plan and Levels for Tomorrow.. Trend : BEARISH Sentiment : Positive We can expect small gap up open tomorrow and a pull back on the lower side. If any support getting formed at R1, Bank Nifty will touch 33150 and possibly we can go short with confirmation. You can refer the chart for Resistance and Support levels. Happy Trading!!! :-) Disclaimer : The idea is purely for Knowledge sharing purpose. Do your own analysis and consult your finance advisor before taking any trade. I'm not responsible for any of your profit / losses. Please do like and support for more Ideas! Comment if you need any specific stock/index analysis
NSE:BANKNIFTYShort
by vijiviven
Nifty view for 17/05/22.Nifty has closed in green on daily time frame and has formed an inside candle too. There is a bearish moving averages divergence and markets can remain in a narrow range. The market faced a good resistance from its 20 ema on hourly time frame. And traded around its 20 ema on 15 minute chart. Support:- 15830, 15745 Resistance :- 15895, 16080 Markets are still in a confusion and can remain in a narrow range. Wait for the price action near the levels before entering the markets.
NSE:NIFTY
by TheMamboMomentum
Banknifty AnalysisBanknifty has been trading in Falling Channel from the last 109 bars on Daily time frame,in the last few days we saw bullish momentum in price and closing on friday gave more strength to bulls. Further view according to price action is, if the index manages to give breakout above this falling channel then we can see Banknifty to touch 39000-41000. On the downside price might face resistance near the upper line of the channel and if possible reversal happens from there then 35000-34000 can hold the downsides.
NSE:BANKNIFTY
by karan_bagri
Harmonic Pattern Projection on Banknifty From the first week of March, Bank Nifty rose 4000 points in 45 degrees and after that, there was no clear direction in mid-March. Now we are at end of the March series still we are getting stiff resistance in zone of 36200 to 36700 range and clearing this seems tough for banknifty So for April Series, We are using Harmonic Pattern for Projection. We are believing that Banknifty will face stiff resistance near 36700 so we are expecting a fall from point C as per Harmonic Pattern and looking for the first target of 35000 and then 34000 Any upside above 37000 will negate our Harmonic Projection
NSE:BANKNIFTYShort
by Stocksmadeeasy
3
Banknifty Intraday Levels Analysis, 16th Feb Hello Traders, Strategy to follow : 1.Sell on Rise near Resistance Level if market Opens Gap Up/Near Resistance Level . 2.Buy on Dips near Support Level if market Opens Gap Down near . Please take the trade according to the levels marked, with Stop Loss. This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market. I hope you all like my analysis. Please do share your thoughts into comment section. Please give a like, it motivates me to do analysis and do share with your friends as well.
NSE:BANKNIFTY
by kiranrshinde
#BANKNIFTY Short Term Positional View Banknifty failed to hold the breakout & the sell-off came from 23.6% of the pullback, which is extremely bearish and we see the triple top in the hourly chart. Immediately until 36,850 is not taken out, we might retest the recent low and go down further. Where? 34,650, if it doesn't hold more pain ahead. If 36,850 is crossed, then go long else remain short. You can follow me, during market hours for real-time updates, as the situation changes as the market moves. Regards, Subhag.
NSE:BANKNIFTY
by subhagghosh
2
#banknifty view for 24th Aug'21 #banknifty view for 24th Aug'21 The moving average are giving sell signals ( DMA 5/10/20/50 - 35,534 / 35,765 / 35,439 / 35,230), support 100 DMA 34,320. Today Last week's swing low of 34,930 was broken on an intraday basis, which is not a good sign. The majority of pivots are placed at 35,090. DZ:- 35,090 (intraday) & 35,427 - 35,531 (positional) Sum up, 1. The market is weak until being closes above 35,550. 2. Reversal from the downside is expected possible areas 34,586-34,624 / 34,115-34,128 if this level doesn't hold the min 1000 point further correction (low probability) 3. Buy in dip or sell on rallies:- Risk to Reward is not in favor of either long or short, better try to use price action to trade intraday and avoid positional trades. 4. Sharp movement might be seen, it's advisable to trade with small quantities until the trends get clear. On 4 hour time frame:- 50% & 61% projection is placed at 36,905 & 37,563 which may or may not be achieved. E.g. One of the important DP is the weekly low, if the weekly low is broken, then only you will be short else you won't. John Maynard Keynes said, “the markets can remain irrational longer than you can remain solvent.” So be cautious and flexible as market conditions evolve. Always trade what you see, never trade what you feel. Make this a habit, you won't be requiring any seminar, webinar, or mentor, you will be self-sufficient. Regards, SG
NSE:BANKNIFTY
by subhagghosh
7
#banknifty analysis for 15th June'2021#banknifty analysis for 15th June'2021 Decision Zone:- 35,088 - 35,092 Resistance:- 35,350 / 35,550 - 35,650 Support Zone :- 34,930 / 34,801 /34,673 / 34,259 / 33,964 Reduced the time frame to 15 min, to capture intraday moves. I will try to post delta updates on a daily basis or if there is any significant change in structure. One of the best forms of PA action is not to predict but to act on the price, chart tells you where, when & how to act on price. Wait for the decision points on the chart to act else don't trade. E.g. One of the important DP is the weekly low, if the weekly low is broken, then only you will short else you won't. John Maynard Keynes said, “the markets can remain irrational longer than you can remain solvent.” So be cautious and flexible as market conditions evolve. Always trade what you see, never trade what you feel. Make this a habit, you won't be requiring any seminar, webinar, or mentor, you will be self-sufficient. #elliottwave #nse # nifty #banknifty Regards, SG.
NSE:BANKNIFTY
by subhagghosh
4
BankNifty 19/05/2021 Completed W PatternHello Everyone, Hope you all are fit and fine ... Stay Safe and Trade safe...! BankNifty to Open Gap Down .... Forming W or Double Bottom pattern ... is Completed as Predicted in my previous analysis. Target 34500.. 35000 .. in coming days if tomorrow BnkNifty Sustains above 34300. Resistance Level : 1. 34000 to 34300 is next level of Resistance developing. 2. 34000 is strongest Resistance level . Support Level : 1. 33800 to 33900 is Support level . 2. 33500 is next Support level. Sideways Possibility : More chances of Upward sideways market if sustains above 34300. More chances of Downward sideways market if sustains above 33800. Buy Above 34250 and Sell below 33800. Most Important : BnkNifty will try to fill the Gap created today. Just Avoid trading first 15 mins. I hope you all like my analysis. Please do share your thoughts into comment section. Please give a like, it motivates me to do analysis and do share with your friends as well.
NSE:BANKNIFTYShort
by kiranrshinde
1
Tradeplan #Banknifty 26Th Jan 2021First step of a successful trader is to build a Trade plan & review what he has done. This Channel is my Journey in Stock market as a Trader. This is my Trade Journal for Nifty & Bank Nifty . (education purpose for all ) Here, I will disclosed my Trade plan for trading day & review them, share my learnings. with hope that this will add value to your trade setup and trading strategy. Trade plan BankNifty : Trend is down, sell on rise : ( for levels see video for details ) Jai Hind. Disclaimer : This video is only for educational purposes. Please consult your financial advisor before you take any trades.
NSE:BANKNIFTY1!Short
by Tradeplannifty
#BankNifty Trading Strategy for 28th July'2020#BankNifty Trading Strategy for 28th July'2020 The pattern got failed badly in #banknifty and the reversal of the short term trend will be below 20,096. Patterns Got failed in the last 2 week:- 1. PRZ in 22,650-22,750 range got failed and made a high of 23,211. 2. Cup & Handle got failed below 23,428 and made a low of 22,803. Now we have bearish shark #harmonic pattern on #banknifty, where the targets are 21,476 / 21,028 / 19,733. All the levels and decision zone are on the chart, the decision zone is above positive and below negative. Trade what you see, not what you feel, enjoy trading.
NSE:BANKNIFTYShort
by subhagghosh
4
BankNifty at crossroads, close below last 30 min is sellIts been while, but BNF is looking at a little bit of crossroads, I would wait for right opportunity to short as we are nearing holiday month for FII. On intraday bases one can take little risk and short below last 30 min candle and positional short below 30500 level aprox, above that market might stay in range as above levels are not held and would end up just wasting option premiums. It is better to switch to intraday trading for couple of days atm till we get clear short signal of around 30500
NSE:BANKNIFTYShort
by Pratik_4Clover