Recap : Mentioned already on yesterday analysis that Bears have started dominating bulls you can read that in link below. Morining Just started with bearish candle at 9.15 closed below previous day low following with long legged doji candle and once that doji low broken at 9.45 Am it got confirmed that bears are ready to dominate Later on bounced from daily...
Range between (48450-48375) Between the red box market will be consolidate . Here at 48371 good volume was traded at Friday. So here all bull and bear are present. Intraday resistance 1: 48413 Intraday Support 1: 48203 Intraday target resistance 1: 48605 Intraday target Support 1: 48000
Banknifty has crossed the previous week low and closed losing 560 points lower on the weekly charts. It has closed below the 20 ema of weekly charts which signifies some negativity in the market. The market now has a support level around 43400 as it has started trading below the previous low formed by banknifty. On the daily charts, the market has form an...
Banknifty opened gap up and retested the trendline. The market has closed 150 points higher and remained in a upmove during the first half of the trading session. It has formed a perfect doji on the daily charts but is still not showing some conviction of holding higher levels. On the hourly charts, market gave a nice upmove and took resistance around 44100...
Banknifty from the first hour was looking weak and whole day traded lower than nifty. It has given a red candle and closed 340 points lower forming a doji. Still banknifty respected the previous swing but has started closing below previous day closing range. This week till now has given more of losses as there is no clear trend in the market. In the second...
Banknifty today was too volatile and closed almost flat to negative losing 42 points. It has been trading below the 20 ema and today also it closed below the levels while nifty has closed above its 20 ema. Both the indices were range bound and traded in opposite direction. Even after a gap up opening banknifty couldn't keep the gain. On the hourly charts, dojis...
Banknifty in the last week has traded below the previous swing low and is taking resistance from 50% fibonacci levels. It has closed 590 points lower on the weekly charts. The market gave a nice fall in 2 trading session and in the last trading session tried to sustain above 45k level but couldn't. The market on the daily charts, is giving doji after doji and...
Banknifty on the daily time frame has consolidated in a range for 2-3 days and was volatile in the second half of the trading session. The market has given a bullish candle at the closing and closed 190 points higher. On hourly charts, market opened below the 20 ema but reversed and started trading above it. Even on 15 minute time frame, the market closed above...
Volatility will be there. Enter after confirmation . strongest resistence - 43500 . For "bearish" entry: 43600 target-43000 . . For upside trend entry:43750 / 44000 t1-44000--t2-44150 . . possibility for stoploss hunting will be there. Don't trade in "no trade zone" Trade carefully. . after breaking yellow box mentioned, trend will be confirmed.
Bank nifty pulled the nifty too in the second half of the session. The market has closed 500+ points lower after a consolidation. The market has closed around the support zone of 43400-450. The market can continue the fall or can retest before another leg. On the hourly chart, market has closed below both the moving averages and the fall started from the first...
BankNifty Future Analysis for Today 6th June 2023 As per our #analysis for #BankNiftyFuture, we are expecting these Intraday levels today, kindly check the charts on 15 min time frame and act accordingly. #IntradayLevels Disclaimer: All the provided levels are for #educational purpose only, please do your own analysis before doing any trade in the live market...
Bank Nifty is Super Bullish and not very far from ATH Zones & Levels Above - 44151-136, 44033, 43807-867, 43512-614, 43268, 43013-087 Zones & Levels Below - 42582-668, 42269-364, 41962-990, 41564-613
#BankNifty Future Analysis for #Today 11th April 2023 As per our #analysis for #BankNiftyFuture, we are expecting these below Intraday levels tomorrow, kindly check the charts on 15 min time frame and act accordingly. Previous Close: 40978 #IntradayLevels #Bulls can be active above: 41000 For the Levels Above 41060/41127/41214 #Bears can be active below:...
#BankNifty Future Analysis for #Tomorrow 3rd April 2023 As per our #analysis for #BankNiftyFuture, we are expecting these below mentioned Intraday levels tomorrow, kindly check the charts on 15 min time frame and act accordingly. Previous Close (ZERO LINE) : 40833 # BankNifty Bulls can get active above 40917 For the #IntradayLevels towards...
#BankNifty Future Analysis for #Tomorrow 31st March 2023 As per our #analysis for #BankNiftyFuture, we are expecting these below mentioned Intraday levels tomorrow, kindly check the charts on 15 min time frame and act accordingly. Previous Close (ZERO LINE) : 39913 #BankNifty Bulls can get active above 39984 For the #IntradayLevels towards...
#BankNifty Future Analysis for #Tomorrow 29th March 2023 As per our #analysis for #BankNiftyFuture, we are expecting these below mentioned Intraday levels tomorrow, kindly check the charts on 15 min time frame and act accordingly. Previous Close: 39588.85 #BankNifty Bulls can get active above 39671 For the #IntradayLevels towards 39787/39865/39952 #BankNifty...
# BankNifty Future Analysis for #Tomorrow 23rd March 2023 As per our #analysis for #BankNiftyFuture, we are expecting these below Intraday levels tomorrow, kindly check the charts on 15 min time frame and act accordingly. Previous Close : 40119.30 #IntradayLevels #Buyers can be active above : 40179 TGT 1 : 40261| TGT 2 : 40379 | TGT 3: 40494 #Sellers can...
HI, BankNifty is currently experiencing a sharp downturn as bearish sentiment takes hold in the market. The current trend in BankNifty is decidedly bearish, as the index has been experiencing a significant downtrend in recent times. With the key support level of 39000 looming ahead, it can be scary to go bullish in such market .