When the S&P does a relief rally for one day, our bank nifty thinks its a reversal and shoots up. Look at what happened today, BN opened gap up at 41304 up 400+ pts and then takes out the resistance in the first candle itself. Look at the strength today, the resistance level was never tested, the gap never tested. The bank nifty continued to show the strength...
Hi This is just an continuation update of our previous forecast. So far nothing has been changes in the primary structure, only that wave SC 4 (sc mean short term corrective wave) has been confirmed and most likely we are in wave SC 5. To understand our detailed view and coding style, plz see our past forecast. You can find the link below in related ideas. Thank You
The above levels are to be considered for Intraday trading. Levels shared on the upside and downside is to counter the gap up or gap down openings of market. Please hit the like button if you like the idea. Share you thoughts via the comments if you have any. If you liked the current idea and previous ideas please follow to keep the postings updated.
stock near 53 resistance level so who long in this stock from breakout level ...profit booking may come at this level ..further long side move above only 55 .
AXIS BANK near its long term resistance area ...its took first time resistance in this area in june 2019...after that its try o break resistance again in oct. 2021 but fail to sustain ..now again its hit the resistance level ..my view is clear if its break 875 level and give a weekly closing above on it we go long but if its not happen and we get any nagtive price...
Banknifty is taking resistance from the upper levels and is not holding to the levels. It has formed a doji on the daily closing. Though, it is trading above the 20 ema on the hourly time frame but its not closing above the 41500 levels. Banknifty lost its initial gains in the second half of the trading session and closed below the 20 ema on the smaller time...
Nifty on the daily time frame has formed a spinning top doji. The market has respected our levels and after touching 17920 level the market retraced On the hourly time frame, the market has settle around its 20 ema. Market is not sustaining above the 17900 levels. The market opened around the 200 ema on 15 minute time frame and gained momentum in the first...
add this to your watchlist and wait. midcap stocks are going to boom. long term investment; min 70% return huge potential is there. investment ; if you are intrested in investmet, go for it with small risk, more possibility is there for breakout.
Sell BankNifty @ 41500 - 41520 with SL @ 41650 To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
Buy Banknifty future of August Expiry 33100-32200 Stoploss 31750( CBSL ) Target 37000/42000... Note :- It’s August Expiry .. Cmp is 33100... Let's see
In Today's trading session, banknifty index has been an inverted head and shoulder pattern in 15 min timeframe and its breakout level is 41155 level and its long target is likely to be 41800 level.
At the moment nifty doesnt have any major supply .... but many demand zones.,., watch out for the levels............ buy at best dip.,.,
have understood from some friends that they are facing issue in understanding charts and setup, so i have made a video on todays setup. You can watch and play accordingly. Trade setup for nifty and bank nifty is shared in this video.
plz ike ,boost appreciate our ideas earlier hit ready for today == #banknifty call above 41200 tgt-41400\41600 #banknifty put below 40800 tgt-40600\40400
Expectations for Today: Range-bound Day. Intraday Levels: Buy Above - 41220 Sell Below - 40750 To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
Bank Nifty can have a small gap-up or flat opening. Resistance Levels: 41000, 41175, 41347,41500 Support Levels: 40850,40700,40500 If market sustain between 41000-41175 then wait for breakout or breakdown. After opening with a gap if market sustain below 41000 then wait for breakout in upside for level 41000 and for breakdown of level 40850.
Today's will be gap up opening in banknifty . After opening if banknifty sustain below 41450 level then expected downside go upto 41050 level and this can be extend for downside upto 400-500 points in case banknifty starts trading below 40950 level. in case banknifty starts trading above 41550 level expected upside go upto 41950 level.
Hello Traders, Welcome to SriTrader5121 BankNifty-20/09/2022-Levels Markets looks like open as a GAP-UP. If open as a GAP-UP and moves to UP-Side then BUY with the Support of R@3 and SELL with the Rejection of PDH. (or) If market open as a GAP-UP and moves to DOWN-Side then BUY with the Support of S@2 and SELL with the Rejection of S@1.