NSE:BANKNIFTY currently travelling through parallel channel, might continue going upwards till channel is broken.
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...
As discussed on friday , Bank nifty closing in a small range today , mkt found support at lower levels only to stop near our resistance level of 39342. Market corrected post lunch to find support again at our support levels ( refer to friday post for levels) Decision range 38910-39023 Support for the day 38602 Resistance for the day 39440 Expectations...
After gap down opening the index made a bullish hammer Then while going up the index made a inside bar Then near resistance there was a Bearish pin That's how candlesticks works
another hit day plz like,boost to appreciate our ideas== #banknifty call above 39400 tgt-39600\39900 #banknifty put below 39000 tgt-38800\37000 sl keep 100 points atleast #banknifty form a support base check verify calls with google ,don't trape in big group, free fake calls. "gap down open than buy put below 38800 tgt-38600/38000
Sell BankNifty @ 39070 - 39100 with SL of 39200. To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
The global market indicates a negative start. The market nature is bearish to slightly bullish. the market may take a correction with minor pullbacks. On the other hand, if the market takes a sharp pullback of around 61% that's a sign of rally continuation.
Higher gap down opening expected in banknifty. Expected opening near 38500 level. After opening if it is sustain above 38550 level then expected correction movement upto 38950 level. Any bullish side rally only expected if banknifty starts trading and sustain above 39050 level after opening. Further major downside possible if it is starts trading below 38450 level.
SGX Nifty Indicating a gap-down opening for today. Expectations for Today: Volatile day. Intraday Levels: Buy Above - 39050 Sell Below - 38580 To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
In this video I have done banknifty analysis for Monday 10-10-2022 The important support is placed at 38000 Important resistance is placed at 38600 If market sustain below 38000 we may see more down levels and then 38000 will start acting as resistance.
BANKNIFTY Target for tommorow - 38600/38580 . For 10th october 2022. market is still bullish. next target is very higher .
Bank Nifty Analysis on 1 Hr chart. Candles should close Above or Below on Hourly Chart. Trade with Diligency.
Hello Traders, Welcome to SriTrader5121 BankNifty-10/10/2022-15/10/2022-Levels Possibility 1: It will works if market in uptrend and makes higher-highs. Possibility 2: It will works if market in down trend and makes lower-lows. Possibility 3: It will works if market in silent mode means range bound market(side ways). _______________________ Happy Learning and...
Bank Nifty is currently at a decision point on whether to go up / down from here. 10 EMA pull back in daily chart with the formation of a Hammer Candle gives a higher probability of market moving upside from here. The challenge in moving up is going to be the negative global situation with most of the indices in sell off after US Jobs Data announcement. ...
Banknifty on the weekly time frame has been taking support from its 20 ema and has formed another doji. On the daily time frame, the market has closed below 20 DMA. There is a dragon fly doji but the global markets are negative and Indian indices will follow the global markets. The index has taken resistance from its hourly 200 ema and closed between both the...
NSE:BANKNIFTY Trade Setup for 10-10-2022 1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action. 2) Everything is mentioned on the chart. I hope it is easy to understand. 3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level. 4) Avoid gap up...
Resistance Level : 39150.80 Support Level : 38785.55 If candles are sustaining or break above resistance level , we can expect upside move and the targets will be fib retracement levels as per chart If candles are sustaining between resistance and support levels, consider as neutral If candles are sustaining or break below support level , we can expect...
Banknifty standing above a strong support zone of 39108. if banknifty crosses above 39301 then it may reach to the level of 39483. between 39483 to 39632 is also an extremely strong resistance zone. If Bank Nifty crosses over 39632 then it may also cross 39798 and may reach to the level of 39954. if banknifty crosses down below 39108 then it may also cross...