Ofter a big gapup Banknifty may faceing aa resistance at or around 42000 Waiting for selling eighter trend line brack out or consolidation brackout Market may came down for filling tha gap *ready to selling* All the best have a great trading day 🥰🥰
Nutral point 38442-38785 R1- 39061 R2- 39166 R3-39605 S1- 37966 S2-37370 37000 & 38000 physclogical levels
SPX fell 2.8% & NDQ 3.88% on friday and the handout to us today morning was not that positive. As expected bank nifty opened gap down 38461 below the support level of 38698. The first candle was bearish, closed down & may have indicated that the rest of the day will be negative. But what happened in the next 2 candles were the opposite, a hammer the 2nd candle...
Bank nifty opened 39343 right at the resistance line made a long wick 5mts 1st candle. The 2nd candle broke the SR line. At 09.40 after seeing the red candle i assumed BN will trade lower and exited the 39500 iron fly at the cost price. I was not expecting BN to go up and the 4 candles from 09.45 to 10.00 really surprised me. And all the trade that happened till...
Expectations for Today: Volatile Day. Intraday Levels are in chart. We will update time to time. To motivate us, Please like the idea If you agree with the analysis. Happy Trading! Call Of Trader!!
BankNifty opened gap down at 39027 breaking the support level of 39327. Tried to recover in the 1st and 3rd candle but the selling pressure was so heavy that it couldnt keep up. What happened from 9.25 to 11.05 was strong selling that even resulted in the 2nd level of support being taken out. This is the 2nd time that BN is taking out 2 support levels in the...
Banknifty nutral points 40888to 41067 R1 41248 R2 41478 R3 41837 S1 40626 S2 40289 S3 40000 Important point 1.We are not SEBI registered advisor. 2. Theses support and resistance is for education purpose only. 3. We are not responsible for any profit and losses. 4. Kindly take trade according to your risk appetite.
BANKNIFTY can be shorted below 33500 It is showing a negative pattern in higher time frame
Nifty Bank has formed inverted POLE AND FLAG PATTERN if it breaks the level it will go down. As market is negative in HIGHER TIME FRAME #banknifty
Good Morning Everyone 🌾🤝 Banknifty - currently progressing subwave C, once the c wave will complete, then we will expect 5 correction. banknifty
Stay ready for big move. Banknifty do or die NSE:BANKNIFTY big resistance big support zone get ready for big profit
Everything you need to know are marked in charts.. The only thing i have to tell you is always know your risk and plan the trades and follow proper risk management. Trade Responsibly. Don't bust your capital.
I hope you can now see how Banknifty represents an excellent low risk profit entry setup allowing you to trade in the market. Take positions so that the risk/reward is in your favor. Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis . Disclaimer: It should not be assumed that...
🛑 Bank nifty trading above all the moving averages ie . 21 day, 50 day , and 100 day - Bank Nifty weekly 37750 🛑 keys Levels to watch out for day traders - resistance is at 39500 - 39550 -with the stop loss of 39350 - we can see target of 39800 - Support Levels is at 38800 - 38900 - with SL of 39000 - we can see Target of 38500 🛑first immediate support level...
BANKNIFTY Intraday Trade Setup For 10 Aug 2021 Buy- Above 35060 Sl - 34960 Target - 35160 35300 35428 Sell - Below 35690 Sl - 35790 Target - 35550 35250
Can expect BNIFTY to cross 35600 in coming days, if global and domestics cues are positive, it is taking support of 20 EMA .Rising RSI. Please take long positions carefully. For Educational purpose only
This is my analysis on BANKNIFTY for 16th April 2021. let me know about your opinions :") Happy Trading traders!
A similar scenario on Bank Nifty as that of Nifty 50. It will first retrace to 34,489.60 then fall to 32,858.85, then retrace back again till 33.372.45 and then fall again till 30,689.95. From 30,689.95, it will shoot up to take out 37,712.60