Banknifty Intraday Prediction Levels for 10 May 2024The chart indicates 15 min time frame. These Levels act as Support and Resistance according to position of price. These are strictly for Intraday Trading only. Execution only after break out and close above the Resistance zone or break down and close below the Support zone.
These levels act as support and resistance. You have to trade according to level breakout or breakdown.
To buy or sell you can follow Buy/Sell Indication given by indicator or you can follow cloud also.
If you are a new trader then just watch (No Trade) these levels for some days.
Happy trading.
Disclaimer:
I am not a SEBI Registered Analyst. Anything posted here is my own analysis and views. This is created for educational purposes only. Always consult with your Financial Advisor before taking any decision or trade.
Banknifty15mintrading
BANK NIFTY 15 MINUTES INTRADAY - BAHAVAN CAPITAL 14.07.2022Bank Nifty tomorrow is in a break there is also a gap to be filled
Levels for 15.07.2022
If 34902 is Broken then Resistance 35024 and Resistance 35313
If 34563 is Broken then Support 34372 and Support 34134
Watch out 10.45 am Candle formation could be a momentum candle.
Now the Data is again surprising
13.07 2022 - FII net selling 2839.52 cr and FII net holding 1799.22 cr
14.07.2022 - FII net holding 309.06 cr and FII net selling 556.40
BANK NIFTY 15 MINUTES INTRADAY - BAHAVAN CAPITAL 12.07.2022Bank Nifty has anticipated and posted yesterday had fallen today and considering the selling pressure i once again anticipate a Gap Down Opening to 34995 mostly.
Levels for 13.07.2022
if 34934 is Broken then support is placed at 34803.
If 35236 is Broken then Resistance at 35380
Today FII had finally with Net selling 1565.68 Cr and DII Net Holding 140.71 Cr.
One thing is common among last few trading sessions is DII buy holding is without any doubt have reduced and FII have begin to sell and two days nearing weekly expiry. I anticipate tomorrow could be a another sell day.
However lets see how market trades tomorrow.
Advance Guru Purnima wishes to all.
BANK NIFTY 15 MINUTES INTRADAY - BAHAVAN CAPITAL 12.07.2022Bank Nifty Day candle looks bullish but then the below data is strange
FII Net selling 170.10 Cr and DII Net Selling 296.99 cr
This is the first time DII has come into net selling instead of any holdings.
Last three trading sessions indicates DII holdings have begin to reduce.
And today with no holding is to be noted for upcoming trading sessions.
So now every retail investor need to be carefull if you are taking any fresh positions.
Trading levels for 12.07.22
If 35703 is Broken then 35960 is Resistance
If 35372 is Broken then 35042 is Support
Iam anticipating shortly a fall which could take us back us 34032 Level .
So i don't see uptrend for some sessions and a correction will happen again...
I will update you levels during the trading sessions.
Happy Profitable Trading....
BANK NIFTY 15 MINUTES INTRADAY - BAHAVAN CAPITAL 11.07.2022Bank NIfty 15min Intraday Chart Levels
If 35275 is Broken then Resistance at 35448
If 34955 is Broken then Support at 34638
Now the Question is
05.07.2022 FII holding 1295.84 cr and DII sold 257.99 cr ( Volatility )
06.07.2022 FII sold 330.13 cr and DII holding 1464.33 cr ( Volatility )
07.07.2022 FII sold 925.22 cr and DII holding 980.59 cr ( Range Bound )
08.07.2022 FII sold 109.31 cr and DII holding 34.61 cr ( Range Bound )
FII selling had been considerable been reduced for last few days and DII holdings also been considerably been reduced. So what does it mean???
Two scenarios
1) FII participation may begin from next week onwards and DII might start booking profits can see volatility ahead.
2) FII not selling like before and continue to be like 6th,7th,8th of july and DII may not hold much end of the day... Where the market remains to be in Range Bound...
So if you have your opinions please do post... and lets see next week to get some idea where the market plans to move...
BANK NIFTY - INTRADAY TRADING 15min chart - 30.06.22Bank Nifty
Above 33745 then First Resistance 33975 and Second Resistance 34147
Below 33123 then First Support 32797 and Second Support 32650
Levels are posted daily during Live Sessions.
For this month if you have made from 1% - 5% returns on your capital then i believe you are becoming Disciplined profitable trader...
Wishing you all a Happy Profitable Trading... See you in July 2022.