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Banknifty-levels

Banknifty 1 hour Levels (S/R)# we mark Support and Resistance on the charts so you can check.. To analyze Bank Nifty (a major stock market index in India) on an hourly basis, you typically look at various technical levels to guide trading decisions. Here’s a basic approach for determining these levels: Support and Resistance Levels: Support: This is where the price tends to find buying interest and bounce upward. To find this, look for recent lows or areas where the price has previously stopped falling and reversed. Resi
NSE:BANKNIFTYLong
by UnknownUnicorn62517722
#Banknifty directions and levels for August 7th. Even though the previous session opened with a gap-up, it didn’t sustain,BankNifty maintained their bearish bias. Today also the market may open with a minimum of 200 points positive. What about today? If this happens structurally, it could turn into a range market. Range market movements are usually difficult to predict. However, my expectation is that if the market opens with a gap-up and breaks the 38% level solidly, we can expect the next target at 50,468. After that, if it consolidates,
NSE:BANKNIFTY
by Manickamtraders
#Banknifty directions and levels for the June 27th.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, if the market opens with a gap-down, it could retrace a maximum of 23 to 38%. After that, if it finds support there, the rally will co
NSE:BANKNIFTY
by Manickamtraders
19 Feb ’24 — BankNifty is still not bullish, 47016 has to break.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, Kotak, and AXIS were not that excited. ICICI on the other hand was totally on another orbit today. If you look at the chart below you
NSE:BANKNIFTY
by viswaram
Nifty Futures 22nd June 2023 EXPIRYIt 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 observations on the points 1,2 and 3 mentioned above. Keep Following for LIVE UPDATES
NSE:NIFTY1!
by SABMR
Trade for 14 JuneHello 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 is above 44160 and buying more at 44050 level because now it is support. On sell side if it breaks 44050 let it sustain below the leve
NSE:BANKNIFTY
by Green_Red_Blood
PostMortem on BankNifty Today & Analysis of 27 Mar 2023There 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 session's swing low, we got a bounce of 270 pts, but this did not sustain and we fell back to the same low point. We had a second bo
NSE:BANKNIFTY
by viswaram
SGX Nifty possibilities of long and short trades.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 be 50% it may even take a reversal at 61.8% as well. Pitchfork : A valid Pitchfork has been broken and trigger line has been rejec
NSEIX:NIFTY1!
by TaurusTeam
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