[INTRADAY] #BANKNIFTY PE & CE Levels(02/05/2024) 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.
Bankniftychartpattern
[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(29/04/2024) Today will be gap up opening in BANKNIFTY. After opening if banknifty sustain above 48550 level then possible upside rally of 400-500 points upto 48950 level & this rally can extend another 400 points if market gives breakout 49050 level in todays session.Any Major downside only expected in case banknifty starts trading below 48450 level.also possible reversal downside 48950 level.
[INTRADAY] #BANKNIFTY PE & CE Levels(26/04/2024) Today will be gap up opening in BANKNIFTY. After opening if banknifty sustain above 48550 level then possible upside rally of 400-500 points upto 48950 level & this rally can extend another 400 points if market gives breakout 49050 level in todays session.Any Major downside only expected in case banknifty starts trading below 48450 level.
[INTRADAY] #BANKNIFTY PE & CE Levels(24/04/2024) Today will be gap up opening in BANKNIFTY. After opening if banknifty sustain above 48050 level then possible upside rally of 400-500 points upto 48450 level in todays session.Any Major downside only expected in case banknifty starts trading below 47950 level.
[INTRADAY] #BANKNIFTY PE & CE Levels(23/04/2024) Today will be gap up opening in BANKNIFTY. After opening if banknifty sustain above 48050 level then possible upside rally of 400-500 points upto 48450 level in todays session.Any Major downside only expected in case banknifty starts trading below 47950 level.
[INTRADAY] #BANKNIFTY PE & CE Levels(21/09/2023) Today will be gap Down opening in BANKNIFTY . After opening if banknifty start trading below 45450 level then possible downside rally of 400-500 points upto 45050 Level. And this rally can extend for another 400 points if it gives breakdown of 44950 level. Any Major upside only expected in case banknifty starts trading above 45550 level. also possible Reversal upside 45050 level.
[INTRADAY] #BANKNIFTY PE & CE Levels(20/09/2023) Today will be gap Down opening in BANKNIFTY . After opening if banknifty start trading below 45950 level then possible downside rally of 400-500 points upto 45550 Level. And this rally can extend for another 400 points if it gives breakdown of 45450 level. Any Major upside only expected in case banknifty starts trading above 46050 level.
[INTRADAY] #BANKNIFTY PE & CE Levels(12/07/2023) Today will be gap up opening in BANKNIFTY . After opening if banknifty sustain above 44550 level then possible upside rally of 400-500 points upto 44950 Level. And this rally can extend for another 400 points if it gives breakout of 45050 level. Any Major downside only expected in case banknifty starts trading below 44450 level. also possible Reversal Downside 44950 level.
Banknifty Bulish Expanding TriangleBanknifty Bulish Expanding Triangle
Today Banknifty break all time High. It's an historical moment of Indian Economy as well as bank nifty Index. As per the chart pattern Banknifty trying to break all previous highs including today.
This is all time high position now briefly understand the position where we are---
Upper side no resistance only at 43900 predicted.
Lower side 43300 is a strong support zone.
Market close with Green Marubuzu mean to open with green signal or going towards long.(Predicted)
as per Oi data of 15th Dec Expiry PCR is 0.75 which is below 1 . it will change after market open tomorrow.
FII's strongly Buying Future and Option.
as per chart it will move upper side after taking a valid support. depend upon market situation.
Perfect fib retracement zone is 43300 with pivot support and price action level. this position can be vary 0.5%- 1% up or down level.
So Range 43300-43900 predicted
*Anything is possible in the FNO market
**Be careful before taking sharp entry watch keenly and do your best trade.
***don't take "One More Trade" which will harm your mindset and damage you capital.
BANK NIFTY -SUPPORT AND RESISTANCE- 01.09.2022 - BAHAVAN CAPITALBANK NIFTY as per 15 min chart analysis below follows my observation
Above 39500 Resistance 39546 / 39597 / 39640
Below 39157 Support at 39103 / 39077 / 39031
Posted Today at10.04 am for the Above mentioned Resistance and Support where respected in the Bank Nifty Chart
Happy Profitable Trading to All.
BANK NIFTY - 15 MIN CHART - 30.08.2022 - BAHAVAN CAPITALBANK NIFTY as per 15 min chart analysis below follows my observations
If Bank Nifty opens Above 38400 then Resistance at 38447 / 38506 / 38548 / 38597 / 38641 / 38722 / 38752 / 38840 / 38905 / 38956 / 39040.
If Bank Nifty opens Below 38200 then Support at 38119/ 38070 / 38021 / 37943 / 37891 / 37861 / 37797 .
FII Net selling was at 561.22 Crores and DII Net buying was at 144.08 Crores.
Today it had been a Range Bound mostly. So it can be a Gap up opening for tomorrow.
If there is a Gap Down opening and if PDL is not Broken then it might be another Range Bound day.
Bank Nifty for tomorrow will continue to be in Range. Since there had been not much selling or buying by Institutional Investors.
Happy Profitable Trading to All.....
BANK NIFTY - 15 min chart - 29.08.2022 - BAHAVAN CAPITALBANK NIFTY as per my previous post for 26.08.2022 mentioned that there had been no aggressive buy or sell by both FII and DII.
Similarly today was an highly volatile day where from 12.15 to 3.30 pm there had been no big movement on the either side.
FII Net Selling was at 51.12 Crores and DII Net Buying was at 453.59 Crores.
Being mostly a sideways day on 26.08.2022 we should witness some better movement any one of the side by Monday.
Above 39276 then Resistance at 39371 / 39407 / 39464 / 39605.
Below 38752 then Support at 38635 / 38555 / 38506 / 38470 / 38379 / 38273 / 38208 / 38113 / 38029 / 37795.
Nasdaq Composite and Dow Jones Index had a good Fall today (26.08.22) and there could be a similar impact on Nifty and Bank Nifty too.
However lets see where market opens.
Happy Weekend to All........
BANK NIFTY - 15 MIN CHART -26.08.2022 - BAHAVAN CAPITALBANK NIFTY as per 15 Min chart Below Follows my observation
Though it was a good sell from 2.00 pm onwards from 39437 to 38848.
As far as FII Net Buying was at 369.06 Crores and DII Net Selling was at 334.31.
So there was no big buying or selling even though there was a good sell off.
Above 38945 then Resistance at 39022 / 39112 / 39217 / 39276 / 39346 / 39393.
Below 38800 then Support at 38726 / 38642 / 38559 / 38404 / 38221.
Friday being a Profit booking day for most. Volatility may continue.
Happy Profitable Trading to All...
BANK NIFTY - PRICE ACTION - 25.08.2022 - BAHAVAN CAPITALBANK NIFTY had posted previously for 25.08.2022.
Above 39187 and Resistance at 39298/39398/39442.
Today we can witness market weakness which i had mentioned too for 25.08.2022. And the levels are broken it had taken support of each trend line for the next fall.
For 26.08.2022 will post you price action chart.
And i believe the Bank nifty charts which iam posting had been use full for you all..
BANK NIFTY - 15 MIN CHART - 25.08.2022 - BAHAVAN CAPITALBANK NIFTY as per 15 min Chart. Below follows my observation
FII Net Buying was at 23.19 Crores and DII Net Selling was at 322.34 Crores. comparatively then Yesterday and it looks more weaker.
If market opens Below 38795 then Support at 38652 / 38584 / 38413 / 38243.
If market opens Above 39187 then Resistance at 39298 /39398 /39442 / 39506 / 39670.
Why did FII Net Buying had been drastically been reducing and DII continued Selling every day ? Why are they are rising the market when both are not even into Net Buying ?
Till today market is holding up and tomorrow hopefully will be a deciding day for the market movement to uptrend or downtrend.
Happy Profitable Trading to all...
BANK NIFTY 15 MIN CHART - 24.08.2022 - BAHAVAN CAPITALBANK NIFTY as per 15 Min Chart below follows my observation
As Expected it was a GAP Down opening but too the surprise it was a good Bull Run from 37951 to 38697 Level.
Considering the uptrend movement i anticipated the contribution should be because of Either FII or DII or both together.
But then the stunning data was FII Net Buying was 563 Crores and DII Net Selling was 215.20 Crores.
Irrespective of Forming Bullish Engulfing on the Day Chart. So where does this market is headed? With weak Net Holding by FII and DII still in Selling mode. i wouldn't be surprised if the market opens with Gap up and then falls down.
However Gap up at 38987 Possible to move up to 39187 Before a fall or turn into Sideways for Tomorrow...
Happy Trading to all...
BANK NIFTY - 15 MIN CHART - 23.08.2022 - BAHAVAN CAPITALBANK NIFTY as per 15 minute chart as per my observation
23.08.2022 it will start with a down trend and if it opens below 38156 or 38061 then
Support at 37942 / 37786 / 37695 / 37549 / 37445.
Finally both FII Net Selling was at 453.77 Crores and DII Net Selling was at 85.06 Crores
Until Last Friday DII was turned out be a Net Seller and FII was still a Net Buyer but today both turning into Net Seller shows a lot weakness for any uptrend movement for now.
If there was any surprises of a Gap up for tomorrow because of today's aside way movement from 10.30am - 3.30pm will be very interesting and if so will post fresh chart during the session in the morning.
Happy Profitable Trading to All....