Today will be gap up opening in BANKNIFTY. After opening if banknifty sustain above 49050 level then possible upside rally of 400-500 points upto 49450 level & this rally can extend another 400 points if market gives breakout 49550 level in todays session. Any Major downside only expected in case banknifty starts trading below 48950 level.also possible reversal...
BankNifty Analysis - Stance Bullish⬆️ BankNifty's pattern is quite interesting, unlike N50, it did not even attempt to recoup the losses in the last hour of the previous session. It is too early to comment if it is bearishness as the charts do not say so. But the way a few banks dropped today was quite worrying. Despite that, BN did not cede ground - quite...
BANKNIFTY Intraday Trade Setup For 3 May 2024 bullish- Above 49550 Invalid-Below 49440 T- 50075 50685 Bearish-Below 49100 Invalid-Above 49210 T- 48550 48050 BANKNIFTY has closed with a slight cut of 0.34% today. It did not give the pullback move expected as our main criteria was that Tuesday's low should have been safe as discussed on Tuesday EOD. As index...
🔴 Resistance - 49506 🔴 🚀 Target - 49690 - 49831 🚀 🟢 Support - 49395 🟢 🚀 Target - 49107 - 48912 🚀 🚫 Manage Your Risk & Reward As Per Your Risk Management 🚫 🔥🔥 Levels Works Best on 5 - 15 Minutes Time Frame 🔥🔥 ❤️❤️ MARKET SECRET ❤️❤️👇 1. TRADE WHAT YOU SEE NOT WHAT YOU ASSUME 2. FOLLOW THE TREND BECAUSE TREND IS YOUR ONLY FRIEND 3. CHART IS SUPREME 4. YOUR...
Good morning, friends! Here are the directions for May 2nd: The global market is still maintaining a moderately bearish trend, supported by the Dow Jones, while our local market sentiment also indicates a moderately bearish trend. It might open with a neutral to slightly gap-up start, as suggested by GiftNifty, showing an increase of +30. Nifty and BankNifty...
Today will be gap up opening in BANKNIFTY. After opening if banknifty sustain above 49550 level then possible upside rally of 400-500 points upto 49950 level & this rally can extend another 400 points if market gives breakout 50050 level in todays session. Any Major downside only expected in case banknifty starts trading below 49450 level.also possible reversal...
BankNifty Analysis - Stance Bullish⬆️ Banknifty does a perfect parabola and it really went by the script. Even though my Algos are non-directional - it has a huge hit rate on expiry days as the ATMs usually go to zero and the risk: reward is quite favorable. Despite having a directional move today, the slow grinding worked out in my favor until the 13.59...
🔴 Resistance - 49451 🔴 🚀 Target - 49691 - 49931 🚀 🟢 Support - 49340 🟢 🚀 Target - 49158 - 48914 🚀 🚫 Manage Your Risk & Reward As Per Your Risk Management 🚫 🔥🔥 Levels Works Best on 5 - 15 Minutes Time Frame 🔥🔥 ❤️❤️ MARKET SECRET ❤️❤️👇 1. TRADE WHAT YOU SEE NOT WHAT YOU ASSUME 2. FOLLOW THE TREND BECAUSE TREND IS YOUR ONLY FRIEND 3. CHART IS SUPREME 4. YOUR...
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BANKNIFTY Intraday Trade Setup For 1 May 2024 Sell_1- From 49700 Invalid-Above 49810 T- 49390 Sell_2- Below 49240 Invalid-Above 49350 T- 48650 BANKNIFTY has closed on a bearish note as day ended near day low. It has formed a shooting star just after the breakout so may not be of that use also day was closed flat closing basis. High chance of a bounce towards...
Today will be gap up opening in BANKNIFTY. After opening if banknifty sustain above 49550 level then possible upside rally of 400-500 points upto 49950 level & this rally can extend another 400 points if market gives breakout 50050 level in todays session.Any Major downside only expected in case banknifty starts trading below 49450 level.
BankNifty has a solid bullish structure, so if the initial market rejects, we can expect a maximum retracement of 23 to 38% because it could be in a 4th correctional wave. Alternatively, if the gap-up sustains, then we can expect rally continuation with minor consolidation.
As we discussed, Banknifty, if it takes support at 200 EMA, will make a higher high, but we didn't expect that heavy bullishness. If we look at the chart: The market is trading in the 4H-TF resistance zone; it has also broken an all-time high. That indicates bulls are very powerful, and today's moment reflects that. The price is very far from the EMAs(50,...
Banknifty has reached its all time high of 49473. Banknifty moved nearly 1200+ point and touched its new high. Also, its to be noted that Banknifty expiry is tomorrow as its an trading holiday on 1st May so plan your positions accordingly. Since Banknifty is in its new high the resistance level is 49500. If it sustains above this level we can expect a move till...
In this video, we'll discuss about Today's Market Movement and Tomorrow's Analysis in Nifty, Banknifty and other segments too. Whether you're a seasoned trader or just starting in the stock market, this analysis will help you in Learning about Market. Let's get right into it! ✅I hope you liked the analysis. Be sure to hit that LIKE. 👍Like | 💬Comment | 👥Share...
BANKNIFTY Intraday Trade Setup For 30 Apr 2024 Bullish-Above 49500 Invalid-Below 49390 T- 50085 Bearish-Below 48940 Invalid-Above 49050 T- 48480 BANKNIFTY has closed on a bold bullish note after a long time with 2.54% gain today. Buy triggered as per trade setup above 48510 and index just sky rocketed till 49470. In the weekend we discussed that 48700 and 47700...
🔴 Resistance - 48510 🔴 🚀 Target - 48681 - 48793 🚀 🟢 Support - 48400 🟢 🚀 Target - 48203 - 48063 🚀 🚫 Manage Your Risk & Reward As Per Your Risk Management 🚫 🔥🔥 Levels Works Best on 5 - 15 Minutes Time Frame 🔥🔥 ❤️❤️ MARKET SECRET ❤️❤️👇 1. TRADE WHAT YOU SEE NOT WHAT YOU ASSUME 2. FOLLOW THE TREND BECAUSE TREND IS YOUR ONLY FRIEND 3. CHART IS SUPREME 4. YOUR...
BANKNIFTY Intraday Trade Setup For 29 Apr 2024 Bullish-Above 48510 Invalid-Below 48400 T- 49070 Bearish-Below 48070 Invalid-Above 48180 T- 47550 BANKNIFTY has closed on a neutral note last week, formed a spinning top candle in weekly TF. Index is just following the rising parallel channel since Feb. Last swing low in hourly TF is 47737, below 47700 there can be...