NSE:BANKNIFTY ❇️ IMPORTANT LEVELS 🚀 ✳️ Buy Call (Ce) Above: 52370+ ✳️ Buy Put (Pe) Below: 52100+ ❇️ Support: 52080-51960-51700. ❇️ Resistance : 52400-52550-52670
❇️ IMPORTANT LEVELS ❇️ Support : 52400-52270-52000 ❇️ Resistance : 52600-52800-53050 Sell Below Purple Line 🚀
Yesterday, Bank Nifty continued the rally. Both structures have the same extension variation, so there are no changes in the market sentiment. Today, GiftNifty is indicating a slightly negative start. If it opens like this, let's look at what might happen in Bank Nifty. >Structurally, it's a bullish market and both have an extension. According to the extension,...
Banknifty also has the same sentiment. If the gap-up sustains, then we can expect a minor rally. Once it rejects the immediate resistance levels, then we can expect a minimum correction of 23 to 38%. Alternatively, if the gap-up doesn't sustain, then we can expect a 23 to 38% correction initially, indicating that the 4th wave may continue further.
BankNifty Analysis - Stance Neutral ➡️ Even though the 4mts chart looks bullish as the moving averages have a positive slope, the reality is quite different. BankNifty has not managed to find the fire to go “BOOM BOOM”, it is totally lazy and lethargic at its current levels. Today we ended up gaining 150 points ~ 0.32% but a few of the major banks like HDFC Bank,...
It would be very interesting to observe what happens when 1. Price opens within the range marked of Red, Blue and Green Lines. 2. Price opens below / above the range but within the range of the previous day 3. When there is a Gap up and Gap down opening. If You are studying the charts in lower Time frames and observing price action, Let me know in comments your...
Lets see how the day opens on Monday. Price action should be watched and a decision taken accordingly. Will try and give some live market updates. Keep following to understand the significance of these lines drawn and how and why these lines are very important. Please go through the previous charts and check the price action and how these lines responded vis a...
Hello traders Hope you have seen the last post for entry and exit. Take a look again at yesterday post and look today's chart it has not crossed the 43950 level and on buy side it crosses 44050 level and go till 44120 level if you are smart and not greedy you have booked some points after 44050 level. Again the levels are same which are marked on chart buying...
There are few important aspects to the price action today. We stuck to a small range today - it would have been good for intraday straddlers & short iron-fly, iron-condor strategy deployers. So we opened inline at 39484, many would argue that it was a gap up. But i wouldnt say that because of the price action from the previous session. As soon as we hit the last...
NiftyBank One Hour Chart Analysis with Option Chain Analysis Support Zones Frist Support Level For For Long Banknifty - 40355 - 40390 Second Support Level For Long Banknifty - 40040 - 40075 Third Support Level For Long Banknifty - 39690 - 39750 Resistance Zones First Resistance Level...
Key Levels For Easy Option Buying & Selling in Banknifty Banknifty Important Support Zones First Support Zone For BankNifty – ( 39909 - 39935 ) Second Support Zone For BankNifty – ( 39570 - 39594 ) Third Support Zone For Bank Nifty – ( Not...
This is an Idea of SGX Nifty probabilities on a Long note. Fibo retracment : Lets start with basi Fibo retracement, from point A to B , which is already at 38.2%, now we all know if this is going to be a strong bull trend there will be a possible reversal at this level or a possible reversal will be at 50% which comes around 17238 - 16938 .. it doesnt have to...
banknifty 22 FEB support AND resitance levles 15minutes timeframe
We can take a trade of 38200 pe buy when 38152 breaks and keep sl of 50-80 because of high volatility keep your stop loss and trade with small quantity. Jai hind
Levels based on price action and fib pivots. Monday expected levels based on how it moves in the direction .
Expiry Day - Market Sentiment Bearish Sell on Highs till Trendline Area of resistance not broken Downside 37000 /36850/36600 Key areas
Phycological levels discussed on chart ready for range break out
Bank Nifty trading levels for 7/7/21. Look for breakout and reversal.