BankNifty Trading Levels For Tomorrow’s Trading Session Resistance 39750-39800 Towards Target of 40000 With SL of 39700 Support 39250-39200 Towards Target of 39000 With SL of 39300
Vix - 21.74 nasdaq - bullish S& p 500 - Bullish and our markte will be bullish too as the sentiment follows everywhere.
Based on the current market analysis, it appears that the Banknifty index is poised to make a bullish move towards the upside direction on the 27th of March, 2023. It is important to note that there are two key support ranges to consider, with one being between 39000-39100 and the other being between 39300-39400. In light of this, a favorable trading strategy...
"As of March 27, the trading day is indicating a positive start, but the market nature is bearish. It may begin with a gap-up. After that, if the market sustains it, we can expect a pullback of at least 38 to 61% at a bearish outlook. However, if the market breaks the minor swing high, it may indicate a trend change. On the other hand, if the market declines...
Expectations: Volatile day Intraday Levels: Buy Above - 39530 Sell Below - 39300 To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
Bank Nifty Weekly Analysis and Prediction for Tomorrow: Bank Nifty is very weak closed below 39420 support level. There is no support in Banknifty, and my expectation is another 3000 points up to 36000 BNF will reach. Tomorrow Bank Nifty likely to open Flat, if any pull back to 39500 supply zone, we can anticipate SELL entry for lower targets. Don't go long.....
The FASP for BankNifty is listed for 26-03-2023. 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...
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...
BANKNIFTY Intraday Trade Setup For 27 Mar 2023 Buy-Above 39515 Sl-39405 T- 39750 40000 Sell-Below 39290 Sl-39400 T- 39089 38884 BANKNIFTY has closed on a bearish sentiment last week and day with 0.5% cut. Important levels in the daily TF are 40210 and 38600. Above 40210 we will see reversal and head towards 41350 and below 38600 we will resume the selling and...
Traders expected a bullish day today. They cannot be blamed because on 22nd we had a solid trade day above the crucial support level of 39742. But something was certain, once we broke that level yesterday we should really look out for bearish opportunities not the other way around. The level of 39742 became so important because of the time spent in the range ~ 45...
Banknifty Updated Support and Resistance on One Hour Chart Analysis Support Zones Frist Support Level For For Long Banknifty - 39450 - 39490 Second Support Level For Long Banknifty - 38975 - 39015 Third Support Level For Long Banknifty - 38700 - 38750 ...
Nifty Prediction Nifty Bank discussed in video Nifty important Support 16800 below it Bearish Also 17000 & 16950 is retest zone for upside as per Dow theory Bank nifty Looks Bearish for Next week Target Area -38200 cmp 39413 will review again after mondays Market hours
#BankNIFTY DOwntrend Movement with Risk:reward 3.1 Bank Nifty analysis Time frame 4 hours what is the analysis? Why downtrend? will analyze the conditions for a down trend First, we will check the moving average condition, then Volume and RSI. Let us summarise the downtrend movement of Banknifty: Analysis is downtrend movement /sell a call with...
Bank Nifty is undergoing correction after making an a-b-c formation. It should take support around Feb 50% or 61.8% support area.
"Trading day, March 24: The global market is indicating a slightly negative start with a moderately bearish nature. It may begin with a gap-down. After that, we can expect a pullback around the immediate support zone. and we can use fib swing high to low. if it breaks the 38% fib level, we can expect a pullback to the 61 to 78% levels. On the other hand, if the...
Interesting price action today, not only did bank nifty end 0.96% down - it broke the crucial support of 39742 today. You might be already aware that i was expecting a bearish week, the 39500/39400 4:5 debit spread of mine was sitting at a loss right from monday. Today's gap down opening at 39836 gave me some hope that we will have a miraculous down day. The...
BANKNIFTY Intraday Trade Setup For 24 Mar 2023 Buy-Above 39825 Sl-39715 T- 40013 40200 Sell-Below 39550 Sl-39660 T- 39325 39095 BANKNIFTY has closed on a bearish sentiment with almost 1% cut today. It was a roller coaster ride today and big moves were seen both the sides. It opened with a decent gap down and then 10 o'clock range broke upside above 39967 and...