#BankniftyGood morning! As of June 7th, the global market indicates a neutral to slightly positive start, with moderately bullish market sentiment. It might open with a neutral tone. After that, if it experiences a sharp pullback, that's a sign of sub-wave 3rd continuation. If it rejects around the major key resistance zone, we can expect a 4th minor correction and a 5th pullback wave. Alternatively, if it initially declines and breaks the trend reversal zone, we can anticipate a correction continuation.
Bankniftyintraday
#BankniftyGood morning! As of June 6th, the global market indicates a neutral to slightly negative start with moderately bearish market sentiment. It might open with a neutral tone. After that, if it experiences a sharp pullback, we can expect the sub-wave 5th (impulse) with minor consolidation. Alternatively, if it initially declines, we can anticipate a range market correction.
#BankniftyGood morning! As of June 5th, structurally, there have been no significant changes. The global market indicates a positive start with bearish market sentiment. It might open with a gap-up. If it sustains, we can expect consolidation for pullback continuation. Alternatively, if it declines initially or rejects around a major key zone, we can expect the market to correct within a range.
[INTRADAY] #BANKNIFTY PE & CE Levels(02/06/2023)Today will be gap up opening in BANKNIFTY . After opening if banknifty sustain above 44050 level then possible upside rally of 400-500 points upto 44450 Level.Any Major downside only expected in case banknifty starts trading below 43950 level to 43550 level. here reversal upside possible 43550 level.
#Banknifty"Good morning! As of June 1st, the global market indicates a negative start with moderately bearish market sentiment. There may be a gap-down start initially. After that, if it takes a pullback around the Fib level of 61%, we can expect the range market to continue pulling back. On the other hand, if it breaks a major key zone(43917), that is a sign of correction continuation."
FASP levels for Bank Nifty 01/06/2023The FASP for BankNifty is listed for 01-06-2023. You can add this levels to your trade setup for better results. This should not be the only indicator but an additional tool to increase your winning possibilities.
What is Fibolysis Anchor SupRes Points(FASP)?
It is a unique level arrived by using Fibonacci Retracement , Fibonacci Extension , Standard Pivot levels under various Timeframes. It is an extensively analyzed level to draw the support and resistance levels for the next day. You can use these levels along with your trade setup to increase your winning odds.
Validity of the levels: 1 Day
How to use these levels?
The three levels on both sides are usually easily achievable. The Targets above are bit difficult to achieve in a single trading session. I use this fact to write intraday positions and to buy options.
Color Coding: Green is regular support and buying area, Red is strong exit area
Disclaimer: This is shared in the interest of educational purpose and for knowledge enhancement. Kindly refer it in the same light. I am not responsible for any profits or loss incurred based on this information.
FASP levels for Bank Nifty 31/05/2023The FASP for BankNifty is listed for 31-05-2023. You can add this levels to your trade setup for better results. This should not be the only indicator but an additional tool to increase your winning possibilities.
What is Fibolysis Anchor SupRes Points(FASP)?
It is a unique level arrived by using Fibonacci Retracement , Fibonacci Extension , Standard Pivot levels under various Timeframes. It is an extensively analyzed level to draw the support and resistance levels for the next day. You can use these levels along with your trade setup to increase your winning odds.
Validity of the levels: 1 Day
How to use these levels?
The three levels on both sides are usually easily achievable. The Targets above are bit difficult to achieve in a single trading session. I use this fact to write intraday positions and to buy options.
Color Coding: Green is regular support and buying area, Red is strong exit area
Disclaimer: This is shared in the interest of educational purpose and for knowledge enhancement. Kindly refer it in the same light. I am not responsible for any profits or loss incurred based on this information.
#Banknifty"Good morning! As of May 30th, the global market indicates a negative start with a moderately bullish market sentiment. There may be a neutral start initially. Structurally, the consolidation indicates a bullish formation, thus suggesting a high probability of rally continuation. On the other hand, if it declines initially, we can expect a minor correction."
FASP levels for Bank Nifty 30/05/2023The FASP for BankNifty is listed for 30-05-2023. You can add this levels to your trade setup for better results. This should not be the only indicator but an additional tool to increase your winning possibilities.
What is Fibolysis Anchor SupRes Points(FASP)?
It is a unique level arrived by using Fibonacci Retracement , Fibonacci Extension , Standard Pivot levels under various Timeframes. It is an extensively analyzed level to draw the support and resistance levels for the next day. You can use these levels along with your trade setup to increase your winning odds.
Validity of the levels: 1 Day
How to use these levels?
The three levels on both sides are usually easily achievable. The Targets above are bit difficult to achieve in a single trading session. I use this fact to write intraday positions and to buy options.
Color Coding: Green is regular support and buying area, Red is strong exit area
Disclaimer: This is shared in the interest of educational purpose and for knowledge enhancement. Kindly refer it in the same light. I am not responsible for any profits or loss incurred based on this information.
#BankniftyGood morning! As of May 29th, the global market indicates a positive start with a bullish market nature. The SGX Nifty indicates a long gap-up, so we don't know exactly where it will open. Structurally, it's a strong bullish market. If it breaks the major key zone, we can expect a rally continuation. On the other hand, if it declines at the start, we can expect a minor correction. It could possibly indicate a rally continuation. Due to the trend, market consolidation will mostly follow the trend. Therefore, if it experiences a minor correction (within the Fibonacci level of 38%), we can expect a rally continuation in the upcoming sessions.
FASP levels for Bank Nifty 29/05/2023The FASP for BankNifty is listed for 29-05-2023. You can add this levels to your trade setup for better results. This should not be the only indicator but an additional tool to increase your winning possibilities.
What is Fibolysis Anchor SupRes Points(FASP)?
It is a unique level arrived by using Fibonacci Retracement , Fibonacci Extension , Standard Pivot levels under various Timeframes. It is an extensively analyzed level to draw the support and resistance levels for the next day. You can use these levels along with your trade setup to increase your winning odds.
Validity of the levels: 1 Day
How to use these levels?
The three levels on both sides are usually easily achievable. The Targets above are bit difficult to achieve in a single trading session. I use this fact to write intraday positions and to buy options.
Color Coding: Green is regular support and buying area, Red is strong exit area
Disclaimer: This is shared in the interest of educational purpose and for knowledge enhancement. Kindly refer it in the same light. I am not responsible for any profits or loss incurred based on this information.