BankNifty Trading Levels For Wednesday Trading Session Resistance 39450-39500 Towards Target of 39700 With SL of 39400 Support 38650-38600 Towards Target of 38400 With SL of 38700
BANKNIFTY Intraday Trade Setup For 17 Mar 2023 Buy-Above 39385 Sl-39275 T- 39581 39785 Sell-Below 38990 Sl-39100 T-38800 38615 BANKNIFTY took a pause in the mega down move today and closed with a slight gain of 0.21% gain. Today it finally hit the positional sell target (41550-38615). Last week the continuation sell level was 40340. Now it has formed a hammer...
BANKNIFTY Near to PIVOT S3 - Expecting a bounce back till 40600 38000-38500 Best range to go long for the TARGET 39500 40500 With SL 37500
"Trading day, March 16th:The global market is indicating a neutral start, but the market's current trend is bearish. It may open with a slight gap-up, but if the market breaks above the EMA 20, we can consider that the market may reverse its trend from bearish to bullish. On the other hand, if the market declines sharply at the beginning, then the correction will...
Banknifty has given a nice bearish engulfing candle and the global markets are too trending in the negative momentum. Even after a gap up opening the market has closed 360 points lower giving a 1000 points move from day high. On hourly charts, the market has taken a rejection from the 20 ema and from the first candle onwards it came for selling. In last 5...
Nifty bank has not fallen enough, we have not even scratched the surface yet. The pace at which global banks are going insolvent - the real fear has not hit India yet ! Traders, investors & public are just cool here, look at the India VIX - we are still at 16.29% compared with US VIX of 27.2% ~ it means we are trading with 67% lower volatility. Now - the reason...
BANKNIFTY Intraday Trade Setup For 16 Mar 2023 Buy-Above 39220 Sl-39110 T-39550 39900+ Sell-Below 38930 Sl-39040 T- 38615 38300 BANKNIFTY has closed on a bearish sentiment with 0.91% cut today. After our first positional sell level- 41550 was triggered it has been in a bearish phase. Now it is near our 1st target 38700. Last week our extended sell level was...
The FASP for BankNifty is listed for 16-03-2023 . 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...
BankNifty Trading Levels For Wednesday Trading Session Resistance 39950-40000 Towards Target of 40200 With SL of 39900 Support 38950-38900 Towards Target of 38700 With SL of 39000
NSE:BANKNIFTY BANKNFTY hits the strong daily support and manages to recover few 100 points again, bnf max bounce can be expected till resistance 2 area before coming down again, once we brake the strong support zone we can expect to hit target 1 in one go and target 2 can be achieved by next day, be carefull and dont chase the market, trade at the zonez with...
Today as we have seen Gap up opening of around 400 points around 39900 in bank nifty and then from there we are seeing a decline upto 39700. There is an resistance range between 39875 - 40000 and a strong support zone is in between 39750 - 39550 SCENARIO 1 If we see a breakout above 39875 or today's high we must NOT hurry and by we should wait till it crosses...
buy call @ 39800,tgt-40000\40400 buy put below 39300 tgt-39100\38426 for confirmation than enter.
"Trading day, March 15th: The global market indicates a positive start, with a moderately bullish nature. It may open with a gap-up. If the market sustains, we can expect a strong rally that will reach a minimum of 38% to 50% Fib level. On the other hand, if it declines initially, we can expect a minor correction."
BANKNIFTY Intraday Trade Setup For 15 Feb 2023 Buy-Above 39545 Sl-39435 T- 39800 40100 Sell-Below 39335 Sl-39445 T- 39130 38835 BANKNIFTY has closed on a bearish sentiment with 0.39% cut. Below our extended sell level- 40340 it has given 1200 points (40340-39135) gain in just 2 days. Hope everyone captured this move very smoothly as it did not gave any fear by...
If you just saw the open & close price of NSE:BANKNIFTY , you would have missed the real drama of the day. A perfect day for the straddlers - but i am 100% confident none of the traders would have held onto their position till close to realize the full profits. Must admit there was no trend like yesterday, but there was spike in volatility in between - we will...
As we see, Today have triangle consolidation in bank nifty. Will figure it out by tomorrow. 15-03-2023
nifty 50 go upside short term bounce 38 % wave 4 nifty wave 4 internal wave abc go up side
BankNifty Trading Levels For Wednesday Trading Session Resistance 39750-39800 Towards Target of 40000 With SL of 39700 Support 39050-39000 Towards Target of 38800 With SL of 39100