Great to see the volatility in the market once again! The major support, resistance and targets are posted here using Fibonacci Tools and other technical analysis.
Watch out for these levels and do post your comments
Hello Traders, Good morning,
On Friday Bank Nifty maintained its uptrend for yet another session and surpassed the crucial 45000 mark. The index rallied 278 points to 45156 and formed a bullish candlestick with long upper and minor lower shadows on the daily charts.
After breaking out of the consolidation during the previous trading session it has witnessed...
Good Morning Traders.
Banknifty still trading in channel, i was expecting breakout for upside but nothing happened on friday, NIfty seems very bullish, today again it has made another new highs at 19641, i think now banknifty should also accelerate from here, if this happens then breakout is possible and huge spike we can see in today's trading session only. Well...
Good Morning Traders,
We have seen Chart and got to know that Banknifty has formed a bullish flag pattern and it is travelling inside the Flag pattern, i am talking behalf of 15 mints chart.
I think today or till tomorrow this should give breakout for upside. Let's see what is happening, we will trade accordingly, but before to that we will find opportunity to...
NSE:BANKNIFTY
hello guys,
> As we can see BANKNIFTY took strong bounce from 39300 level. AS far now its trading around 40600 level if we have to anticipate in long then
it should consolidate above 40500 zone.
> However the overall trend is negative BN taking rejection of trendline and making lower high lower low formation if we have to anticipate in shorts...
The FASP for Bank Nifty is listed for 23-12-2022. You can add this levels to your trade setup for better results. This should not be the only indicator but an additional tool to increase your winning possibilities.
What is Fibolysis Anchor SupRes Points(FASP)?
It is a unique level arrived by using Fibonacci Retracement, Fibonacci Extension, Standard Pivot...
The FASP for Bank Nifty is listed for 20-12-2022. You can add this levels to your trade setup for better results. This should not be the only indicator but an additional tool to increase your winning possibilities.
What is Fibolysis Anchor SupRes Points(FASP)?
It is a unique level arrived by using Fibonacci Retracement, Fibonacci Extension, Standard Pivot...
The Fib Levels for Nifty and Banknifty is listed for 15-12-2022. You can add this levels to your trade setup for better results. This should not be the only indicator but an additional tool to increase your winning possibilities.
How Does This Work?
The three levels on both sides are usually easily achievable. The Targets above are bit difficult to achieve...
Hello All,
Hope all are doing good.
We are seeing range bound market from Muhurat trading between levels 41100 and 41500.
Market broke below this range 28th October but support has been taken at level 40800 and again came to same range.
Market has broken above this range today but resistance at level 41600 dragged to the same range again.
It’s perfect support...
Market is high on volatility taking cues from Russia and Ukraine tensions and the Fed rate hikes in march.
All the levels as per my analysis are mentioned on the chart.
I prefer to take limited trades in such volatility and that too on the levels.
Follow for daily analysis .
