BANKNIFTY Intraday Trade Setup 2 Nov 2022 Buy-Above 41400 Sl-41290 T- 41573 41700 41840 Sell-Below 41185 Sl-41290 T-40985 40840 40610 BANKNIFTY has closed absolute flat with just 18 points cut. It has closed on a negative sentiment as a profit booking from higher levels was witnessed in today's session. Important levels are 41850 and 40830. Above these levels...
The global market indicates a positive start. The nature of the market is bullish. The market may open a gap-up. If the market rejects sharply at key levels, we will expect a minor correction. It takes min (23 to 38% Nifty), (Bank 38% to 61%). Otherwise, the market may continue to rally further with minor consolidation.
Resistance level: 41344.40 Support level : 41130.70 ****Fib Retracement levels will act as the support or resistance**** If candles are sustaining or break above resistance level , we can expect upside move and the targets will be fib retracement levels as per chart If candles are sustaining between resistance and support levels, consider as neutral If candles...
BANKNIFTY Intraday Trade Setup For 1 Nov 2022 Buy-Above 41355 Sl-41250 T-41500 41680 41850 Sell-Below 41215 Sl-41315 T-41105 40980 40840 BANKNIFTY has closed on a positive note with 0.77% gain. Today it directly opened at our 1st target in buy side and fell 150 points from there. Then it turned sideways and consolidated between 10 o'clock range. Next day trade...
The global market indicates a positive start. The market nature is bullish. the market may open a gap-up. so, we will expect rally continuation with minor consolidation. On the other hand, if the market rejects sharply, then we will expect rang-bound to correction.
BANKNIFTY Intraday Trade Setup For 31 Oct 2022 Buy-Above 41065 Sl-40950 T- 41265 41500+ Sell-Below 40835 Sl-40950 T-40610 40330 BANKNIFTY has closed just in the positive territory last weak. A tiny candle red candle with slight positive gains has been formed. On Friday buying trade hit a 110 points sl then we sell triggered and that gave more than 300 points...
Resistance level: 41056.50 Support level : 40800.60 ****Fib Retracement levels will act as the support or resistance**** If candles are sustaining or break above resistance level , we can expect upside move and the targets will be fib retracement levels as per chart If candles are sustaining between resistance and support levels, consider as neutral If candles...
The global market indicates a positive start. The market nature is neutral to slightly bullish. the market may open a little bit of a gap-up, if the market breaks the previous day high, then we will expect the rally continuation with minor consolidation. On the other hand, if the market the previous day low, that's a sign of a minor correction to the range-bound market.
BANKNIFTY Intraday Trade Setup For 28 Oct 2022 Buy-Above 41370 Sl-41260 T- 41530 41670 41840 Sell-Below 41175 Sl-41285 T-41020 40800 40600 BANKNIFTY has closed with 0.43% gain today. An inside candle has been formed in daily charts. Mother candle's high is 41535 and 41020. Breakout of this range will give a directional move . Initial target post breakout will...
Resistance level: 41386.65 Support level : 41019.50 ****Fib Retracement levels will act as the support or resistance**** If candles are sustaining or break above resistance level , we can expect upside move and the targets will be fib retracement levels as per chart If candles are sustaining between resistance and support levels, consider as neutral If candles...
The global market indicates a positive start. The market nature is bullish to neutral. The market may open a big gap-up. If the market sustains, we will expect the rally continuation. On the other hand, if the opening market rejects sharply, then we will expect minor correction to major correction.
BANKNIFTY Intraday Trade Setup For 27 Oct 2022 Buy-Above 41400 Sl-41290 T-41630 41840 42230 Sell-Below 41020 Sl-41130 T-40800 40610 40330 BANKNIFTY has closed on a negative note with 0.44% cut on Tuesday. Last day it opened with a decent gap up and traded inside range where 10 o'clock range was intact the whole day. Short trade as per trade setup gave just 90...
Resistance level: 41537.55 Support level : 41141.20 ****Fib Retracement levels will act as the support or resistance**** If candles are sustaining or break above resistance level , we can expect upside move and the targets will be fib retracement levels as per chart If candles are sustaining between resistance and support levels, consider as neutral If candles...
BANKNIFTY Intraday Trade Setup For 25 Oct 2022 Buy-Above 41430 Sl-41310 T- 41631 41840 42000+ Sell- Below 41200 Sl-41310 T- 40875 40610 40330 BANKNIFTY has closed on a positive note with 1.28% gain. A doji has been created on Monday which is a sign of halt; indecision. Next day closing above or below the candle's high and low will give us the sentiment which...
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Resistance level: 40958.25 Support level : 40398.75 ****Fib Retracement levels will act as the support or resistance**** If candles are sustaining or break above resistance level , we can expect upside move and the targets will be fib retracement levels as per chart If candles are sustaining between resistance and support levels, consider as neutral If candles...
Resistance level: 40072.65 Support level : 39867.30 ****Fib Retracement levels will act as the support or resistance**** If candles are sustaining or break above resistance level , we can expect upside move and the targets will be fib retracement levels as per chart If candles are sustaining between resistance and support levels, consider as neutral If candles...
BANKNIFTY Intraday Trade Setup For 21 Oct 2022 Buy-Above 40210 Sl-40095 T-40360 40500 40650 Sell-Below 40024 Sl-40140 T-39850 39710 39550 BANKNIFTY has closed with 0.68% cut today. Our swing long target was hit last day( 19 Oct) which was triggered @ 39610 on 17 Oct. After that index has collapsed around 800 points. Last day we planned planned to sell below...