NSE:BANKNIFTY
BankNifty analysis important levels are marked on the chart.
please always trade with stop loss to avoid big drawdown.
Happy trading & keep learning.
Hello Traders,
Following are my analysis:
Resistance Level :
1. Strong Resistance Zone at 36200-300 and 36600-700
2. Strong Resistance at 36500
3. Good Resistance at 36000
4. Increasing Resistance above 36500
Support Level :
1. 35700800 is Good Support Zone .
2. 35700 is a small Support Level .
3. 35500 is Stronger Support Level .
Sideways...
What Is a Double Top?
A double top is an extremely bearish technical reversal pattern that forms after an asset reaches a high price two consecutive times with a moderate decline between the two highs.
Or in simple words...
A double top is a bearish technical reversal pattern
It is confirmed once the asset's (Banknifty's) price falls below a support level equal...
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...
Hello Everyone,
I have tried my by best to explain, How to take trade based on Bearish CandelStick (Hanging Man) formation in Banknifty .
If still you are not clear, put your queries into comment section or Correct e if i am wrong.
This is not Buy and Sell recommendation to any one.
This is for education purpose and a helping hand to learn trading in Market.
I...
What is Elliott Wave ?
Elliott Wave theory is one of the most acknowledged and widely used forms of technical analysis. RN Elliott developed the theory after analyzing nearly 75 years of stock data, and Robert Prechter later popularized it.
According to the Wave theory, the market trades in repetitive cycles, which Elliot primarily attributed to the emotions of...
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 35700.
2. Next Strong Resistance at 35800.
3. Stronger Resistance at 36000.
4. Good Resistance has been developing at levels from 35700 to 35800.
Support Level :
1....
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...
Hello Everyone,
Hope you all are fit and fine ... Stay Safe and Trade safe...!
As predicted yesterday, BnkNifty Opened Gap Up Today.
BankNifty can Open Gap Down .... Tomorrow ...!
Resistance Level :
1. Strong Resistance exists at 35500.
2. Next Good Resistance at 35800.
3. Strong Resistance at 36000.
4. Good Resistance is developing at levels from 35500 to...
Hello Everyone,
Hope you all are fit and fine ... Stay Safe and Trade safe...!
BankNifty can Open Gap Up .... Tomorrow ...!
Resistance Level :
1. Strong Resistance exists at 36000.
3. Nest Good Resistance at 36500.
Support Level :
1. 35000 has become Strong Support Level .
2. Next Support Below is 34500 Level.
*We Can see the 35500 is acting as a Good...
Hello Everyone,
Hope you all are fit and fine ... Stay Safe and Trade safe...!
As predicted in my previous analysis about the Possible No Trade Zone ... between 35100 to 35300, most time of the day BnkNifty continued to trade in those levels.
BankNifty can Open Flat/Neutral .... Tomorrow ...!
Resistance Level :
1. Good resistance exists between 35100 to...
BANKNIFTY AT REAL CRUCIAL LEVELS
MORE LIKE ASCENDING TRIANGLE PATTERN FORMED
trading at resistance now 35200 is the level to watch as of now ! The market has been consolidating since last 3-4 days expected unidirectional move if following given levels are broken and sustained ✅
Hello Traders,
I Hope you are liking my analysis and enjoying the trading.
I am concern about one thing is that:
1. From the stat of the posts that i have posted, lets consider today's Expiry Special i see that 1020 views for the post, how many likes only 23 and Commnets only 9 that too 4 are mine... BankNifty 24/05/2021 Intraday Levels Post has 2745 views, Likes...
Hello Everyone,
Hope you all are fit and fine ... Stay Safe and Trade safe...!
What an Expiry ..! Bulls overiding Bears after 4 days ... and finally broke the Strongest Resistance at 35000.
What's next now ..?
I see a Big Rally Comming Soon of which the first Target would be 35500 , 36000.
BankNifty can Open Gap Up .... Tomorrow ...!
Resistance Level :
1. Major...
![BANKNIFTY: BANKNIFTY INTRADAY SUPPORT & RESISTANCE LEVELS FOR [29-04-2022]](https://s3.tradingview.com/i/i3CeafG4_mid.png "BANKNIFTY INTRADAY SUPPORT & RESISTANCE LEVELS FOR [29-04-2022]")
