bankniftyanalysis

Omahto

BANKNIFTY Intraday Trade Setup For 6 Apr 2023 Buy-Above 41075 Sl-40965 T- 41275 41475 Sell-Below 40890 Sl-41000 T- 40685 40475 BANKNIFTY has once again closed on bullish sentiment with 0.46% gain. After we initiated buy @39710 which was shared on 20 Mar trade setup for the gap area target. This is almost achieved and currently we are in a profit of more than...

SriTrader5121

Hello Traders, Welcome to SriTrader5121 ____________________________________ BankNifty-06/04/2023-Levels IMPORTENT ZONE FOR THE DAY : 40883 - 40920 Possibilities of Today market open... Possibility 1: FLAT If market open as a FLAT and moves to UP-SIDE then BUY with the Support of PDH and SELL with the Rejection of PDH. (or) If market open as a FLAT and...

SriTrader5121

Hello Traders, +++++++++++ #BankNifty-05/04/2023-#EOD-Report -------------------------------------------------- #BankNifty Opened as a Gap-Up, above PDH. Market was took the support of PDH then went near to R-Level. -> I hope you all like my analysis. Follow me to get regular updates. -> Please do share your thoughts in comment...

Trading_hawk

NSE:BANKNIFTY Flip zone: : This zone is such a zone which will work as resistance if price is below it. And it will work as support if price is trading above it. Resistance zone: This zone will mainly work as resistance. Once price sustain above it then it is considered as breakout. Support zone: This zone will mainly work as support. Once price sustain...

agasthya_d

BankNifty Trading Levels For Tomorrow’s Trading Session Resistance 41150-41200 Towards Target of 41450 With SL of 41100 Support 40850-40800 Towards Target of 40550 With SL of 40900

infintelearningopportunity

Banknifty has managed to close above the resistance level on daily tf. Intraday levels -white lines are the pivot zone. Upside targets are the green Lines and downside targets are the red lines.

Manickamtraders

"Trading day, April 5th: The global market indicates a negative start with a moderately bullish market nature. It may start with a neutral to slightly gap-down. After that, if the market breaks the minor support zone, we can expect a 38% Fib level, which is a major support zone. So, if the market rejects this level, we can anticipate a minor pullback that will...

SriTrader5121

Hello Traders, Welcome to SriTrader5121 ____________________________________ BankNifty-05/04/2023-Levels IMPORTENT ZONE FOR THE DAY : 40680 - 40721 Possibility: GAP-DOWN If market open as a GAP-DOWN and moves to UP-Side then BUY with the Support of PDH and SELL with the Rejection of PDH. (or) If market open as a GAP-DOWN and moves to DOWN-Side then BUY...

TradZoo

Today will be gap up opening in banknifty. Expected opening above 41000 level After opening if banknifty sustain above 41050 level then expected upside rally upto 41450+ level. Any downside possible below 40950 level.

chandrakamal

Banknifty will be bullish above 41100 and bearish below 40450.

samirdash

This is what I can see now in daily timeframe. What do you think will happen next?

SathishChandrasekaran

The FASP for BankNifty is listed for 05-04-2023. 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...

piyushrawtani

NIFTY after breaking out from 17,200 last week gave us a good rally and now approaching key levels of 17,450 . If Nifty manages to cross this resistance , then we can expect a swift move to 17,600 where there is a small gap . And the market might try to fill the open gap. Similar move can be expected from Bank nifty if it closes above 41,800 , we can see a move of...

Omahto

BANKNIFTY Intraday Trade Setup For 5 Apr 2023 Buy-Above 40860 Sl-40750 T- 41130 41350 Sell-Below 40650 Sl-40760 T- 40438 40180 BANKNIFTY closed on a bullish sentiment with 0.5% gain on Monday. Last day buy triggered as per trade setup. It gave a move from 40700 till 40850+. Bullishness will be intact till we safeguard PDL (CB). 1000+ points gained after we...

amansaiyad120

bank nifty Fibonacci retracement levels, daily timeframe, downtrend Fibonacci retracement levels, first retracement at 40740 (38.20), second retracement at 41390 (50.00%), third retracement at 42041 (61.80%), thank you.

viswaram

We had a perfect trend continuation day today, see the purple line - the trades were in the same degree of slope as on the previous working day. Banknifty opened at 40695 today and then slowly started climbing. We were in a small range of 40550 to 40690 between open and 12.05 - this was mainly because of the resistance level at 40704. Once that resistance gave...

DivyeB

Historically whenever VIX has been low as marked by the level shown in the chart, BankNifty has gone for a correction. Will history repeat itself?

AATHIE Updated 

Resistance level:40777 Support level : 40427 ****Fib Retracement levels will act as the support or resistance**** 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...