Bank Nifty showed Recovery in 1st Half, but witnessed Profit booking in 2nd Half of session The Index scaled at New All Time Highs & reached near 49000 zone Any Dips towars 48500, 48000 may look for Buying setup as trend is Positive Overall Immediate Upside Resistance is Placed near 49000, 200 Range Tomorrow is important US CPI Inflation Reading * For...
BankNifty witnessed another session of consolidation ahead of imp Event *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,...
Buy above line mentioned Strictly on stop loss exit must needed . Don’t trade without so You can buy October call strict price will be target 1 wali call Or you can choose target 2 wali strike prices for next month expiry of October . Follow for more If so hit then exit as the only problem is that hdfc bank is in downtrend he can push mkt down so when it break...
Description. 04 sep Bank Nifty Actionable levels for Monday #Current Price- 44403 Good #Resistance- 44584 Strong #Support- 43711 #Target we can expect 44753 and 44929 if a break of 44438 above ⬆️ Resistance level 🎚️ #Target we can expect 43997 and 43711 if a break of 43997 below ⬇️ Support level 🎚️ #Execution trade should be above or below from resistance...
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...
⚪️ BANKNIFTY ANALYSIS ⚪️ ♻️ Banknifty ✅ resistance : 44971 / 45419 ✅ support : 44614 / 44387 ✅important update ⚪️break trend line resistance then buy ⚪️sell second resistance level 45419
BankNifty Future Analysis for Tomorrow 26th June 2023 As per our #analysis for #BankNiftyFuture, we are expecting these Intraday levels Tomorrow, kindly check the charts on 15 min time frame and act accordingly. #IntradayLevels Disclaimer: All the provided levels are for #educational purpose only, please do your own analysis before doing any trade in the live...
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...
Banknifty Weekly timeframe Banknifty All time High Price action strategy This chart are educational purpose only.
Banknifty has formed triangle pattern and expected breakout in down side.... This is for educational purposes only...
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...
Both are demand zone go with one who gives you best confirmation targets are mentioned with sl
We already know after a big fall market has to be retrace a bit to maintain the position, so please go with the following chart and support resistance. I am going to take one trade once this candle breaksup .1X1.5RRR
The market will be red again. Sellers are highly active.
Make sure candle close above my lvl #bullish pressure candle (best trade). For shrt bearish pressure candle.