Hello Traders, Following are my analysis: Resistance Level : 1. Good Resistance Zone exists at 35700-800. 2. Strongest Resistance at 36000 . 3. Strong Resistance at 35700 * Increasing resistance above 36000. Support Level : 1. 35500 is Strongest Support Level . 2. 35000 is a Strong Support. 3. 35200-500 is Good Support Zone . No Trade Zone :...
BankNifty opened flat, took support near 35400 zones and we saw an up-move towards the 35700 zones. We bought 34700 PE at 190 which gave good profit in the morning. BankNifty was trading in 200 points range for almost the entire day 35500-35700 which was broken on the upside in the last 30 mins. Expectations for Tomorrow: Range-bound day volatility after 1:00...
Hello Traders, Following are my analysis: Resistance Level : 1. Good Resistance Zone exists at 36100-300. 2. Strongest Resistance at 36000 . 3. Strong Resistance at 36200. * Increasing resistance above 36000. Support Level : 1. 35000 is Strongest Support Level . 2. 35600-700 is a Strong Support Zone. 3. 35200-400 is Good Support Zone . 4. 35500 is Stronger...
CHART IS SELF EXPLANATORY! Looks weak but make sure it closes it candle below the trendline, candle must be of 1 hour time frame It’s expiry today so it could be highly volatile but we will carry on with our technicals, keep small STOPLOSSES if making new short positions GLOBAL CUES NEGATIVE TO MIXED so stay cautious
Hello Traders, Following are my analysis: Resistance Level : 1. Strong Resistance Zone exists at 35200-35300. 2. Strongest Resistance at 35000 . 3. Stronger Resistance at 35500. * Increasing resistance above 35000. Support Level : 1. 34500 is Strongest Support Level . 2. 34000 is a Strong Support. 3. 34600-700 is Good Support Zone . Sideways Possibility: More...
BankNifty opened flat and faced resistance near our buy level, there was also a falling resistance line. We bought 35200 PE in the morning around 240 which hit all our targets in just 10 mins. BankNifty took support from the 34900 zones and we have seen a good rally towards the 35200 zone which was again our resistance level and we again saw rejection and sharp...
BANKNIFTY is creating cup and handle pattern in which cup has been formed and the handle is pending I am expecting a breakout on expiry of @1JULY till then bank nifty is not safe to trade for beginners or safe traders once the breakout is been rectify it will continue the bull rally the next resistance zone for bank nifty will be 35650-35800 or simply you can take...
BANKNIFTY gave good closing which was around the NECKLINE of W pattern! Below that 34360-34560 is a NO TRADING ZONE wherein multiple rejection has been found Our view is still bulish though the bears have overpowered bulls for some days, we can expect some SURPRISES which INDIAN market is known for ! And event being MONTHLY EXPIRY and AGM meeting of RELIANCE...
understanding trades through banknifty future levels, for 24.06.2021 ( Thursday). Monthly expiry
BankNifty opened a flat and took support near our Sell level and went up. It faced resistance at our Buy level, couldn't sustain above that, and came down. We got sell opportunity as per set-up when it broke 35100 zones and gave good profit. Expectations for Tomorrow: Rangebound day, volatility after 1:30 PM. Resistance: 35283 Support: 34636 Intraday...
35000 has been tested multiple times and every time it broke good fall for almost 200-300 point was given keeping 35100 as support! Keeping in view the negative global sentiments only buy above 35100 is sustains and short below 35000 keeping your SL above 35100
BankNifty opened flat and made a bullish candle on 15 mins time frame, it went up and took resistance at the yellow line we drew on the chart. It spent almost 2.5 hours in 100-120 points range and we saw a sharp sell-off. We tried 35300 PE in the morning but due to range-bound, it didn't work. We again took a position in 35000 PE around 190 which made a high of...
Do not short unless it breaks 35000 mark which is both a psychological anda logical level! As you can see in the last hour it did broke above as you can see the trendline break and also a consolidation breakout that means bear are very active at current levels which could also lead to possible gap up opening tomorrow ✅ No bears would be invited unless it...
Hello Traders, Hope you all are fit and fine ... Stay Safe and Trade safe...! As predicted yesterday, BnkNifty Opened Gap Down ... Today...😎 Resistance Level : 1. Strongest Resistance exists at 35500. 2. Next Strong Resistance at 35800. 3. Stronger Resistance at 36000. 4. Good Resistance has developing at levels from 35500 to 35800. Support Level : 1. 35000 has...
It could be a highly volatile day as it is still trading In range and the range is quite wide enough ranging from 35200 to 34200 and it create huge volatility between these two levels ! Safe players can avoid if any of these levels is not broken ! Expecting a volatile market today Important levels mentioned in charts
Hello Everyone, Hope you all are fit and fine ... Stay Safe and Trade safe...! As predicted in previous analysis, BnkNifty Open Up with small gap and was in Sideways rest of the day. Resistance Level : 1. 35000 is immediate Strongest Resistance level . 3. Good resistance exists at 35500 and Strong Resistance is developing from 35000 to 35500. Support Level : 1....
Levels to watch out for today! Don’t sell aggressively it can reverse from given REVERSAL ZONE in chart 🚨 must watch all levels
Hello Everyone, Hope you all are fit and fine ... Stay Safe and Trade safe...! As predicted market was sideways between 33900 and 33700. BankNifty to Open Gap Down .... Tomorrow. Resistance Level : 1. 34000 to 34500 is next level of Resistance developing. 2. 34000 is strongest Resistance level . Support Level : 1. 33500 is next Support level . 2. 33000 is next...