[INTRADAY] #BANKNIFTY PE & CE Levels(18/07/2024) Today will be gap up opening in BANKNIFTY. After opening if banknifty sustain above 52550 level then possible upside rally of 400-500 points upto 52950 level in todays session. Any Major downside only expected in case banknifty starts trading below 52450 level & this rally can extend another 400 points if market gives breakdown in 51950 level.
Bankniftychartanalysis
[INTRADAY] #BANKNIFTY PE & CE Levels(12/06/2024) 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 downside 49950 level.
[INTRADAY] #BANKNIFTY PE & CE Levels(03/06/2024) Today will be Huge gap up opening in BANKNIFTY. After opening if banknifty sustain above 50050 level then possible upside rally of 400-500 points upto 50450 level & this rally can extend another 400 points if market gives breakout 50550 level in todays session. Any Major downside only expected in case banknifty starts trading below 49950 level. also possible reversal downside 50450 level. (Note:have possibility market give another 400 points rally if market can go above 51050 level)
[INTRADAY] #BANKNIFTY PE & CE Levels(13/05/2024) Today will be gap up opening in BANKNIFTY. After opening if banknifty sustain above 47550 level then possible upside rally of 400-500 points upto 47950 level in todays session. Any Major downside only expected in case banknifty starts trading below 47450 level to 47050 level.
[INTRADAY] #BANKNIFTY PE & CE Levels(30/04/2024) 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.
[INTRADAY] #BANKNIFTY PE & CE Levels(25/04/2024) Today will be gap down opening in BANKNIFTY. After opening if banknifty start trading below 47950 level then possible downside rally of 400-500 points upto 47550 Level & this rally can can extend another 400 points if market gives breakdown 47450 level in todays session.Any Major upside only expected in case banknifty starts trading above 48050 level.also possible reversal upside 47550 level.
BANKNIFTY CHART ANALYSIS We can see such Big Free Fall in upcoming days,,, No matter whats news going on or Coming,, as per Price Action the next supports are such Dip… There is more than 4K points now onward on Major support (37500) to making Again A Good Bottom to Roaring
First Target 39700
2nd Target 37500. (Major Support).
NiftyBank One Hour Chart Analysis with Banknifty Target Banknifty Low Capital Trading Strategy
Down Side Targets For Banknifty
First Support Zone For BankNifty – ( 43255 -43275 )
Second Support Zone For BankNifty – ( 43100 -43120 )
Third Support Zone For Banknifty - ( 42910 -42930 )
Up Side Banknifty Targets
First Resistance Zone For BankNifty – ( 43410 - 43390 )
Second Resistance Zone For BankNifty - ( 43512 - 43496 )
All Time High
Importent Signal from BankNifty Option Chain
Max Pain As per Option Chain Analysis – 43200
PCR ratio as per Option Chain Analysis – 1.08 ( Bullish )
Major Support as Per Banknifty Open Interest Analysis – 43000 /43200
Major Resistance as Per Banknifty Open Interest Analysis – 43200 /43500
BankNifty Daily Levels Update For Option Day TradingMonday Possible Trade in Banknifty
CALL SIDE TRADE
Trade Entry – If Banknifty Sustain Above Support (33000 ) You Can Buy ATM call Option –
Trade Target – For upside First Target for Banknifty is 33200
Trade Stoploss – If any 30 min candle Closes Below 32950 or max .40 Points.
PUT SIDE TRADE
Trade Entry – If Banknifty Sustain below 32950 You Can Buy ATM Put Option.
Trade Target – For Down side Tomorrow First Target for Banknifty is 32500 and second target is 32100
Trade Stoploss – If any 30 min candle Closes Below 33000 or max .40 Points