Today will be a gap up opening in BANKNIFTY. Expected opening near 40850 Level. After opening if banknifty start trading above 41050 level then possible upside rally of 400-500 points upto 41450. Any Major downside only expected in case banknifty starts trading below 40450. For today's session 40550 will act as an important support for banknifty. Upside 40950...
BANKNIFTY Intraday Trade Setup For 03 Apr 2023 Buy-Above 40700 Sl-40590 T-40883 41110 Sell-Below 40530 Sl- 40640 T- 40330 40115 BANKNIFTY has closed on a bullish note last week. It ended with 3% gain and formed a morning star in weekly TF. However the long trade has been already triggered @ 39710 which was given on 20 Mar trade setup. This was picked after our...
The FASP for BankNifty is listed for 03-04-2023. 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...
Banknifty on Daily TF (since 16th March) is moving in a parallel channel and is at the upper line of the channel. On 15mins and hrly TF it has created a rising wedge pattern the breakdown of which can give a movement of 280-350 points. for intraday white lines are the pivot zone. Upside targets are the green lines and downside targets are the red lines.
Banknifty has formed a base and give another doji on the monthly charts. A nice morning star pattern in formed on the weekly charts, which shows some positivity. Though, the market on the weekly time frame is trading below the 20 ema. The market has closed near a crucila levels and if it cross nice bullish momentum can be there in the market. The daily chart's...
call above 17400 tgt-17500\17800 put below 17300 tgt-17200 put below 17260 tgt-17120
earlier told you for round bottom completion. call only above 40200 tgt-40400 put below 40000 tgt-39800\39500
So the fiscal year comes to a close today, but today is the start of April series for banknifty. The first weekly expiry falls on 06 April& the monthly expiry is on 27 April. Hoping that you all had a good financial year 2022–23 and your trading dreams came true. For me - I could say with some what confidence that one of my dream came true. The dream to publish a...
Resistance level:39952 Support level : 39676 ****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...
BankNifty Trading Levels For Tomorrow’s Trading Session Resistance 40800-40850 Towards Target of 41100 With SL of 40750 Support 40250-40200 Towards Target of 40000 With SL of 40300
NSE:BANKNIFTY hello guys, > As we can see BANKNIFTY took strong bounce from 39300 level. AS far now its trading around 40600 level if we have to anticipate in long then it should consolidate above 40500 zone. > However the overall trend is negative BN taking rejection of trendline and making lower high lower low formation if we have to anticipate in shorts...
Banknifty is tradibg in a channel and it has taken support in lower range in the current channel chances are high this can go towards 40000+ levels in 2 days, MACD also supporting and giving bullish crossover all this indicating a reversal from this level in Banknifty. so if anyone wants to go long from this level can go with current price 39477 and keep stop loss...
Banknifty will be trading today. Above 40100 could see 40300, 40500. Major support is 39700. Do a safe trading, always mark your SL.
"Trading day, March 31:The global market indicates a positive start, with a moderately bullish market nature. It may start with a gap-up, and after that, we can expect the rally to continue with minor consolidation. Additionally, there is a sub-wave 5 to watch out for. Once the market rejects with divergence, it might reverse. In my opinion, it may not be a big...
BANKNIFTY 31st March OPTIONS IDEA (FRIDAY) NSE:BANKNIFTY The Bank Nifty index has been exhibiting a lot of volatility in recent weeks, with sudden dips and recoveries. As we approach the end of March, traders are eager to find profitable trade ideas in the banking sector. To help traders, we have analyzed the Bank Nifty chart and marked some important levels...
BANKNIFTY Intraday Trade Setup For 31 Mar 2023 Buy-Above 40055 Sl-39945 T- 40290 40535 Sell-Below 39660 Sl-39770 T- 39460 39270 BANKNIFTY has closed on a bullish sentiment with 0.86% gain on Wednesday. On Tuesday a Pinbar candle formed in daily TF and was told that we will give a good up move above its high. This view worked perfectly on last day. Buy triggered...
As predicted the markets has given a nice up move especially Banknifty. The index has given a nice move touching 40k levels. The market tried to cross the 20 and 200 ema and faced resistance from the levels. Market has given a nice bullish candle on the daily time frame. On the hourly charts, the market has closed between both the moving averages. There was a...