The Bank Nifty also showed Range Bound movement ahead of the RBI policy Outside the Range of 47000 to 48000, directional movement is expected In between, look for Patterns confirmation *For Education Purpose Practice and Learn price action setups
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,...
Banknifty on the other hand gave a trend reversal signal in just a day. For nifty we had atleast 3 days in succession. I took some short positions yesterday intraday and was all geared up to further attack by shorting more CALLS today. The opening minutes looked encouraging, so did the period from 10.35 to 11.15 but 2 things went against it. The options data...
Hello traders Sorry for not posting for a while. Marking the buying and selling levels on chart which is a buy above 44050 level and can hold till 44160 leval and after that marked on chart In sell side we have big targets till 43750 if it there are any bearish candle near the Trendline only then we can short with small quantity. Make sure you are trading...
Banknifty Weekly timeframe Banknifty All time High Price action strategy This chart are educational purpose only.
Here we trade in nifty in range bound Market and gain 150++ points #nifty #banknifty
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...
So today's price action confirms the move that we had yesterday was not fake. How many traders & investors would have been trapped on the long side when the 41629 resistance broke out? The prevailing trend was bearish, but when an important resistance gave away, it would have prompted lot of buyers into action. And once they deployed their funds we got the...
Banknifty Support and Resistance For Day Trading 17 feb 2023 Support Zones Frist Support Level For For Long Banknifty - 41645 -41690 Second Support Level For Long Banknifty - 41240 - 41280 Third Support Level For Long Banknifty - 40760 - 40800 Resistance Zones First Resistance...
BANK NIFTY LEVELS those levels are very perfect levels for entry , i given exact target and sl
Make sure candle close above my lvl #bullish pressure candle (best trade). For shrt bearish pressure candle.
🔴As i told that market may took support at all time high swing level 41950 level 🟡Today market took support at 41950 around and then facing resistance at 42230 levels,which is last days fighting levels 🟢Activate your sell orders ofter market brack 41950 levels downside 🛑Think before take bullish orders ofter brack 42230 levels ❤️Please like if it helps you...
👉 Banknifty took support at last swing low 41333 and brack huge resistance level 41500 👉 Market may open huge gapup above to all time High and may it came down to take support at previous all time highlevels 41200 👉 little bit bearish due to. Huge gapup At all time high ...
👉Banknifty face resistance at 41500 multiple time (it becomes week) 👉 Look like ovrall market bullish 👉 Banknifty form trendline 👉 Enter with half quantity ofter brack trend line Add another half quantity ofter brack 41500 👉 Target near 41650 Have a happy trading day 🥰
👉Banknifty support and resistance levels mentioned 👉May be tomorrow little volatile with sideways (Weekly expiry day) 👉Have a great trading day
banknifty buy @41500 tgt -41700/41900 Banknifty put @ 41100 tgt -40900/40500 For short and neutral open market than Buy put below 41200 Tgt -41000 For call only above 41500 ok
👉Banknifty head and shoulder pattern 👉Base of the shoulder also form at support levels 41200 41200 brack down took half quantity 👉Another support at 41120 if it Brock down build another half quantity 👉Target near 40800 Have a happy trading day 🥰