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.
Levels based on price action Note - I'm not responsible for any profit or loss I'm just sharing my views Before any investment consult your financial advisor
Banknifty standing just below a strong resistance zone of 40878 to 41062 if banknifty crosses above 41062 then it may also cross above 41256 and may reach to the level of 41421. between 41421 to 41579 is also an extremely strong resistance zone . If Bank Nifty crosses over 41579 then it may reach to the level of 41733 . if banknifty moves down below 40878...
Please refer my related idea where the first upper target 41200 has been touched and profits booking rest of the day. A morning momentum was slowly eaten by profit bookings but market has retested the channel. Seems like flag pattern in 30 minutes also inverse head and shoulder yet to complete in 15 minutes. I am currently with bullish mindset as it might touch...
CMP: 614 - Trading 11% away from its All-Time High - Moving just sideways above 21 EMA
Bullish setup on 15 min timeframe. Inverted hammer formed which indicates a positive momentum on BANKNIFTY
The indices paused their fall and managed to hold on to lower levels. Banks underperformed, but still remain stronger on the Daily chart. Could this change after FOMC statement?
BANKNIFTY Intraday Trade Setup For 20 Sep 2022 Buy-Above 41185 Sl-41075 T-41350 41570 Sell-Below 40729 Sl-40845 T- 40550 40281 BANKNIFTY has closed on a neutral note with just 100+ points gain. Once again a range has been formed in BANKNIFTY which 41200 and 41500. Above and below we can expect a directional move of 700 points approximately. Last day we planned...
Bank nifty opened (40685) right at the support level (40689) made an aggressive move down to 40509 which happened to be the swing low of last working day. For a moment i thought bank nifty is breaking down - but it didnt & the support held quite strong. The 4th candle was a pretty strong one and pulled the BN up. However bank nifty did not have enough steam to...
Banknifty has formed another doji on the daily time frame. The market after the initial push has consolidated. It is respecting a trend line and a flag and pole pattern is formed on the hourly time frame, On 15 minute time frame, banknifty traded around its 20 ema and closed around it. support :- 40850, 40660 Resistance :- 41000, 41180 The market remained...
BN............. Levels Support and resistances..............
a monthly breakout found in indusindbank . buy above 1245 to 1250 and 1st and 2nd target is given on chart.
The global market indicates a neutral start. Market nature is bearish . The market may take a slight pullback around this support zone . If the pullback continues, it will reach the min ( Nifty 38% BankNifty 50 to 61%) fib level. On the other hand, if the market breaks the previous day low that's a sign of minor correction, it will reach ( Nifty 17436 to 78% and...
All support and Resistance are drawn on the chart. Today my prediction is that Banknifty Future may touch the shaded region which I have drawn on the chart. If banknifty future rejects from the shaded region we can buy put with the SL of upper line of the shaded region. You can buy atm or slight ITM put along with selling of 500 points far OTM if you get the...
Today's will be flat opening in banknifty . After opening if banknifty sustain below 40950 level then expected downside go upto 40500 level and this can be extend for downside upto 400-500 points in case banknifty starts trading below 40450 level. in case banknifty starts trading above 41050 level expected upside go upto 41450 level.
NSE:BDL Good to keep on the radar Always respect SL & position sizing ======================== Trade Secrets By Pratik ======================== Disclaimer - SEBI UNREGISTERED This is our personal view and this analysis is only for educational purposes. Please consult your advisor before investing or trading. You are solely responsible for any decisions you...
bank nifty on the daily chart is bullish but in the last two sessions, it's seen selling pressure due to the global market. In a shorter time frame, it forms the bearish structure on the chart but waits for trend reversal confirmation. all-important levels are marked on the chart.