Buy above 43500 Target 43597,43689 Sell below 43477 Target 43419, 43307 if banknifty breaks 43500 level there could be sharp sell off possible and today can be range bound as yesterday was fast move.
The FASP for BankNifty is listed for 08-05-2023. You can add this levels to your trade setup for better results. This should not be the only indicator but an additional tool to increase your winning possibilities. What is Fibolysis Anchor SupRes Points(FASP)? It is a unique level arrived by using Fibonacci Retracement , Fibonacci Extension , Standard Pivot levels...
"Good morning, as of May 5th, the global market is showing a slight negative trend, but with a bullish sentiment. We may see a small gap-down at the start, but if the market exceeds yesterday's high, it could signal a continuation of the rally. However, if the gap-down persists and breaks below the 38% Fib level, we can expect a correction."
BANKNIFTY Intraday Trade Setup For 05 May 2023 Buy-Above 43740 Sl-43635 T- 43953 44165 Buy_2- From 43415 Sl-43310 T- 43570 43730+ BANKNIFTY has closed on a bullish note with 0.86% gain. Today buy triggered above 43355 and hit both the targets very smoothly. It gave more than 380 points gain, almost 1:4 RR. On 23 Apr we planned our long above 42385. After it was...
This is just for my personal studies and if anyone finds it useful feel free to use it but I would still bet you cannot make profits by copying anyone else strategy as you may copy the strategy but not the psychology behind it. This is how I find my supply and demand zone using indicators and I have developed my own setup. Yes it took 3-4 months to get used to...
BANKNIFTY ANALYSIS WITH LOGIC: 1. If there's flat opening or gap up price should retest 43295 level with 15m bullish candle, then only we will take long position up to 43450 as our 1st target. 2. If that trend continues, we will set 43600 level as our second target by maintaining trailing stoploss. 3. If there's gap down in price and closes below trend line...
Expectations: Volatile day Intraday Levels: Buy Above - 43370 Sell Below - 42980 To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
Today will be gap up opening in BANKNIFTY . After opening if banknifty sustain above 43450 level then possible upside rally of 400-500 points upto 43450 Level. And this rally can extend for another 400 points if it gives breakout of 43550 level. in case if market trades below after opening possible downside 43450 level upto 43050 level & possiblity for if market...
"Today, May 4th, the global market is indicating a negative start with a moderately bullish market sentiment. It may begin with a gap-down. Structurally, there is a range-bound market, so we will wait for the range breakout. The high probability is a downside breakout, and I have given two variations, both describing sub-wave 5th. Once the 5th is finished, we...
Sell below 43361 Target 43305, 43184,43000, 42922 Buy above 43463 Target 43506 OI data 45000 is strong resistance and 43200 is support with 10 lacs additional put writing if it breaks then next level will be 43000.
buy call above 43500 tgt-43700 buy put below 43200 tgt- 43000\42800
Banknifty levels for intraday- white lines are the Pivot Zone. Upside targets are the green lines and downside targets are the red lines.
I have mentioned all the important levels in this short video. If you have any doubt you can ask me in comment section.
BANKNIFTY Intraday Trade Setup For 4 May 2023 Buy-Above 43355 Sl-43250 T- 43540 43755 Sell-Below 43075 Sl-43180 T- 42880 42727 BANKNIFTY has closed on a flat note today. Today it opened with a decent gap down directly at our 1st sell target which was also a PRZ (0.618) level. As usual sharp bounce came from there. Later it tested the sell level- 43260 and fell...
HAL spot cmp 3010. Wolf wave study 240 mins time frame. Bearish wolf wave pattern formation. Reversal confirmation pending. RSI is around historical levels. Conditional view, wait for reversal confirmation on lower time frame. Bulls time to be cautious.
Today will be gap down opening in BANKNIFTY . After opening if banknifty start trading below 43450 level then possible upside rally of 400-500 points upto 43050 Level here also possiblity to reversal, if banknifty start trading above 43550 then possible upside rally upto 43950 level.
"Today, May 3rd, the global market is indicating a negative start with moderately bullish market sentiment. It may begin with a gap-down. After that, if the initial market takes a sharp pullback, we can expect a range market to rally consolidation. On the other hand, if the gap-down sustains, we can expect correction with minor pullbacks."
BANKNIFTY Intraday Trade Setup For 3 May 2023 Buy-Above 43490 Sl-43385 T- 43715 43940 Sell-Below 43260 Sl-43365 T- 43065 42810 BANKNIFTY has closed with with a slight bullish sentiment with 0.27% gain today. Whole gain is contributed via gap up and in intraday it was just sideways within less than 200 points range. It has formed a spinning top in daily charts...