Bankniftyintraday
BANKNIFTY LEVELS 27/02/2023 BANKNIFTY ANALYSIS WITH LOGIC :
1. Considering new levels if banknifty gap downs and retraces from 39785 or 39660 levels we can take long positions only from recent high upto 40150 level.Or
2. Or if price opens on a flat note or gap ups, we can set target upto 40150 to 40225 levels.
3. If there is consolidation after the target reaches near to 40150 level. we will plan towards buy side upto 40225 level.
4. Range bound market can be seen in between 39660 - 40150 levels.
HAVE A PROFITABLE DAY :)
[INTRADAY] #BANKNIFTY PE & CE Levels(27/02/2023)Today will be a flat opening in BANKNIFTY. Expected opening below 39950 Level. After opening possible further downside of 400-500 points from 39950 level upto 39550 level. And this can extend for another 400 points if it gives breakdown of 39450 level. Any Bullish rally is only expected in case banknifty starts trading and sustains above 40050 level.
Banknifty weekly analysis for 27/02/22.Banknifty on the weekly time frame has formed a evening star pattern and closed below the 20 ema.
Even on the daily time frame the market has closed below the 200 ema and 40k round level.
Market has been taking support from 39900 levels. If it starts trading below the levels, bearish trades can be entered and nice targets can be achieved.
On the hourly time frame, the market has closed below both the moving averages and formed a consolidation zone in the second session.
The market has consolidated in a parallel channed. Let the market start trading outside the channel and decide the intraday trend.
Support :- 39800, 39500
Resistance :- 40140, 40600
The 20 ema on 15 minutes is around the 40600 levels, watch for a resistance from it and any negative candle around it will be an opporunity.
Wait for the price action near the price levels before entering the markets.
BANKNIFTY LEVELS 24/02/2023BANKNIFTY ANALYSIS WITH LOGIC :
1. If there is gap up opening and crosses 40175 level with 15 min bullish candle we can take buy position upto 40400 level strictly by maintaining trailing stoploss.
2. Or if banknifty goes gap down opening and if it gets reversal above recent low then also we can take long position.
3. Maximum directional trade can be seen on this intraday section.
HAVE A SAFE AND PROFITABLE DAY :)
FASP levels for Bank Nifty 24/02/2023The FASP for Bank Nifty is listed for 24-02-2023. 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 23/02/2023he FASP for Bank Nifty is listed for 23-02-2023. 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.
[INTRADAY] #BANKNIFTY PE & CE Levels(22/02/2023) Today will be a gap down opening in BANKNIFTY. Expected opening below 40500 Level. After opening possible further downside of 400-500 points from 40450 level upto 40050 level. And this can extend for another 400 points if it gives breakdown of 39950 level. Any Bullish rally is only expected in case banknifty starts trading and sustains above 40550 level.
[INTRADAY] #BANKNIFTY PE & CE Levels(17/02/2023)Today will be a gap down opening in BANKNIFTY. Expected opening below 41450 Level. After opening if banknifty sustain below this level then possible downside rally upto 41050 level. And possible reversal of 400-500 points from 41050. And this can extend for another 400 points if it gives breakout of 41550 level.
FASP levels for Bank Nifty 17/02/2023The FASP for Bank Nifty is listed for 17-02-2023. 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.