Bank Nifty Fut Levels for 06 June 2022Hi Everyone, did u just observe the magic of my levels drawn for Friday 03rd June 2022 ? If u traded it just follow me and if only observed than give a like.
03 June 2022 started with rejection from my supply level 36334-36280, second candle 15M gave entrt below first candle it was also a breakout of uptrending channel's lower band.
Then it broke below upmoving trend line from the 35751 levels giving u a fresh entry or a pyramiding entry to the morning trade.
It finally ended on my demand zone at 35323-35452 levels.
Just happy with market dancing to my levels.
All this is to help you mates.
Just check levels for Monday, 06th June 2022 and execute as per levels.
Take Care, Bye.
Bankniftyfutures
Bank Nifty Fut Levels for 31 May 2022Nifty & Bank Nifty have crossed Descending channel and are in the upward channel as of now. If there is any strong breakout of the channel, kindly long with a confirmation candle & if you see reversal candles from the edge of the channel kindly short with a small stop loss above the channel.
Banknifty-04/04/2022-LevelsHello Traders,
Banknifty-04/04/2022-Levels
----------------------------------------
If Market Opens as a-
GAP-UP: Support of PDH (BUY) – Rejection of PDH (SELL)
FLAT: Support of PDH (BUY) – Rejection of PWC (SELL)
GAP-DOWN: Support of S@1 (BUY) – Rejection of S@1 (SELL)
-------------------------------------
Happy Learning and Trading
Rules to fallow...
1) Trade with Strict Stop Loss.
2) Trade with Small Quantity.
3) Take entries based on Support & Resistance Levels.
Please take the trade according to the levels marked, with Risk-Reward.
This is not a Buy or Sell recommendation to anyone.
Take entries after your own analysis.
This is for education purpose and a helping hand to learn trading in market.
NOTE: Trade with Strict Stop Loss. It may or may not hit all levels. So one can book profit / loss at respective level considering how price action works near that level.
I hope you all like my analysis. Follow me to get regular updates.
Please do share your thoughts in comment section.
Please Hit a LIKE , it motivates me to do analysis and do share with your trading friends.
SHORT FORM &FULL FORM
-------------------------------
PDH-> Previous Day High
PDL-> Previous Day Low
PWH-> Previous Week High
PWO-> Previous Week Open
PWC-> Previous Week Close
PWL-> Previous Week Low
IMP -> Important
R@1, R@2,R@3... ->Resistance-Zones
S@1, S@2,S@3... ->Support-Zones
M_S -> Major Support
S_H -> Swing-High
S_L -> Swing-Low
D_T -> Double Top
D_B -> Double Bottom
T_T -> Triple Top
T_B -> Triple Bottom
TF -> Time Frame
BO -> Break-Out
RR -> Risk-Reward
SL -> Stop-Loss
GAP -> The area b/w Previous Day Close and Today Open
Blue Color Text(S@*,R@*)-> Act as Major Support or Resistance-Zones( Be Alert, Chances to Market take Reversals )
Clear signal in Banknifty for upcoming days!Get ready for a fall in bank nifty.
The strong resistance zone at around 37000 is not broken and the Index is unable to sustain above it. Hence, fall to around 36000 levels can be expected in the next few sessions.
Long positions can be initiated only if bank nifty sustains above 37200.
Short positions target can be:
36545
36400
36000
Keep SL of 37250.
*Only for educational purposes*
BANKNIFTY FUTURES | COMING TOWARDS 37700 - 37500 ZONE ?BankNifty Futures has lost more than 3000 points from a recent high of 41800 zones. BankNifty Futures has a good support zone between 37700 - 37500 zones and if this level holds, we can see approx 3000 points Bounce from this zone.
The RSI is current at 44 levels and it also has strong support at 37-35 zone.
We would try to get time to re-analyze and update this idea.
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
BANK NIFTY FUTURES TRADING LEVELSSHORT BELOW 36200 FOR TARGETS OF 36000, 35800, 35500++
AGGRESSIVE LONG ABOVE 36850 FOR TARGETS OF 37000, 37200++
SAFE LONG ABOVE 37250 (TARGETS WILL BE UPDATED ONCE TRADE IS ACTIVATED)
ONCE IN PROFITS KEEP TRAILING STOP LOSS TO AVOID LOSS.
Disclaimer: All levels marked on the chart are for educational purpose. Please consult your financial advisor before investing.
BANKNIFTY FUTURE Trend AnalysisA perfect trendline showing downside of BANKNIFTY on 1HR time frame. Market taken rejection multiple times and on Friday closed at near to resistance level. If BANKNIFTY able to break the resistance then a good upward movement can be seen but rejection again from resistance will give a good opportunity for Short sellers. Keep an eye