Banknifty spot chart Analysis for 28.11.2022Banknifty standing just above a strong support of 42966.
if banknifty crosses above 43113 then it may also cross 43266 and may reach to the level of 43418.
between 43266 to 43418 is also an extremely strong resistance zone .
If Bank Nifty crosses over 43418 then it may also cross 43571 and may reach to the level of 43713.
if banknifty crosses down below 42966 then it may also cross 42814 and may reach to the level of 42671.
if banknifty crosses below 42671 then it may also cross 42508 and may reach to the level of 42349.
If banknifty crosses down 42349 then it take bounce back from bounce back zone.
it is highly unlikely that banknifty will cross 43713 tomorrow and reach higher levels.
Bankniftyintraday
Bank nifty intraday levels for 28.11.2022Resistance level: 43065.25
Support level : 42918.30
****Fib Retracement levels will act as the support or resistance****
If candles are sustaining or break above resistance level , we can expect upside move and the targets will be fib retracement levels as per chart
If candles are sustaining between resistance and support levels, consider as neutral
If candles are consolidating in buy zone or sell zone, wait for the breakout
If candles are sustaining or break below support level , we can expect downside move and the targets will be fib retracement levels as per chart.
If gap up or gap down opening, fib retracement levels will act as the support or resistance
*** For quick scalping use 5-minute time frame*****
Note: Pls check my previous day ideas for better understanding & how it works
Please let me know in comment section if you have any queries and like the idea If you agree with the analysis.
Disclaimer:
Views are purely educational in nature. You are solely responsible for any decisions you take on basis of my research
Bank nifty intraday levels 25.11.2022Resistance level: 43420.30
Support level : 42847.10
****Fib Retracement levels will act as the support or resistance****
If candles are sustaining or break above resistance level , we can expect upside move and the targets will be fib retracement levels as per chart
If candles are sustaining between resistance and support levels, consider as neutral
If candles are consolidating in buy zone or sell zone, wait for the breakout
If candles are sustaining or break below support level , we can expect downside move and the targets will be fib retracement levels as per chart.
If gap up or gap down opening, fib retracement levels will act as the support or resistance
*** For quick scalping use 5-minute time frame*****
Note: Pls check my previous day ideas for better understanding & how it works
Please let me know in comment section if you have any queries and like the idea If you agree with the analysis.
Disclaimer:
Views are purely educational in nature. You are solely responsible for any decisions you take on basis of my research
Bank nifty intraday levels for 24.11.2022Resistance level: 42847.80
Support level : 42662.05
****Fib Retracement levels will act as the support or resistance****
If candles are sustaining or break above resistance level , we can expect upside move and the targets will be fib retracement levels as per chart
If candles are sustaining between resistance and support levels, consider as neutral
If candles are consolidating in buy zone or sell zone, wait for the breakout
If candles are sustaining or break below support level , we can expect downside move and the targets will be fib retracement levels as per chart.
If gap up or gap down opening, fib retracement levels will act as the support or resistance
*** For quick scalping use 5-minute time frame*****
Note: Pls check my previous day ideas for better understanding & how it works
Please let me know in comment section if you have any queries and like the idea If you agree with the analysis.
Disclaimer:
Views are purely educational in nature. You are solely responsible for any decisions you take on basis of my research
bank nifty intraday levels for 23.11.2022Resistance level: 42663.35
Support level : 42323.55
****Fib Retracement levels will act as the support or resistance****
If candles are sustaining or break above resistance level , we can expect upside move and the targets will be fib retracement levels as per chart
If candles are sustaining between resistance and support levels, consider as neutral
If candles are consolidating in buy zone or sell zone, wait for the breakout
If candles are sustaining or break below support level , we can expect downside move and the targets will be fib retracement levels as per chart.
If gap up or gap down opening, fib retracement levels will act as the support or resistance
*** For quick scalping use 5-minute time frame*****
Note: Pls check my previous day ideas for better understanding & how it works
Please let me know in comment section if you have any queries and like the idea If you agree with the analysis.
Disclaimer:
Views are purely educational in nature. You are solely responsible for any decisions you take on basis of my research
Banknifty Analysis Intraday or Swing TradingBanknifty Is not moving as much beacuse of India Vix - below 15
were option selling is highy recomended.
there will no move in market after 2:30. might be some move.
taking small target for today and needs to be strict with stoploss.
hence there will be stoploss hunting as on Spot Price chart there are movement, but not in Banknifty Chart.
So highly Recommended option selling is best for today.
Slow Market.
Entry taken if 5 min candle close above in our Entry point direction.
Bank nifty Intraday levels for 22.11.2022Resistance level: 42537.20
Support level : 42215.55
****Fib Retracement levels will act as the support or resistance****
If candles are sustaining or break above resistance level , we can expect upside move and the targets will be fib retracement levels as per chart
If candles are sustaining between resistance and support levels, consider as neutral
If candles are consolidating in buy zone or sell zone, wait for the breakout
If candles are sustaining or break below support level , we can expect downside move and the targets will be fib retracement levels as per chart.
If gap up or gap down opening, fib retracement levels will act as the support or resistance
*** For quick scalping use 5-minute time frame*****
Note: Pls check my previous day ideas for better understanding & how it works
Please let me know in comment section if you have any queries and like the idea If you agree with the analysis.
Disclaimer:
Views are purely educational in nature. You are solely responsible for any decisions you take on basis of my research
Bank nifty Intraday levels for 21.11.2022Resistance level: 42594.05
Support level : 42262.55
****Fib Retracement levels will act as the support or resistance****
If candles are sustaining or break above resistance level , we can expect upside move and the targets will be fib retracement levels as per chart
If candles are sustaining between resistance and support levels, consider as neutral
If candles are consolidating in buy zone or sell zone, wait for the breakout
If candles are sustaining or break below support level , we can expect downside move and the targets will be fib retracement levels as per chart.
If gap up or gap down opening, fib retracement levels will act as the support or resistance
*** For quick scalping use 5-minute time frame*****
Note: Pls check my previous day ideas for better understanding & how it works
Please let me know in comment section if you have any queries and like the idea If you agree with the analysis.
Disclaimer:
Views are purely educational in nature. You are solely responsible for any decisions you take on basis of my research
bank nifty intraday levels for 18.11.2022Resistance level: 42623.80
Support level : 42402.60
****Fib Retracement levels will act as the support or resistance****
If candles are sustaining or break above resistance level , we can expect upside move and the targets will be fib retracement levels as per chart
If candles are sustaining between resistance and support levels, consider as neutral
If candles are consolidating in buy zone or sell zone, wait for the breakout
If candles are sustaining or break below support level , we can expect downside move and the targets will be fib retracement levels as per chart.
If gap up or gap down opening, fib retracement levels will act as the support or resistance
*** For quick scalping use 5-minute time frame*****
Note: Pls check my previous day ideas for better understanding & how it works
Please let me know in comment section if you have any queries and like the idea If you agree with the analysis.
Disclaimer:
Views are purely educational in nature. You are solely responsible for any decisions you take on basis of my research
BANKNIFTY Chart analysis for 16/11/2022BankNifty has reached the Target as Posted on 13/11/2022 (Pinned below in related ideas)
Tomorrow bullish if market opens flat and crossed level 42450 after accumulation.
Sl will be 70-80 rupees
If Banknifty opens gap-up will wait for price action & candle stick pattern in 5 mins & 15 mins time frame.
Follow for more analysis.
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Disclaimer: My presentations, and writing are only for educational purposes and are not intended as investment advice. I cannot guarantee the accuracy of any information provided. All Content are Purely For Educational Purpose and our Technical View. These Videos are not Recommending any Buy/Sell Signals. We are not Liable for any Profit Or Loss. Please Consult your Financial Advisor Before Taking any Trades.
bank nifty intraday levels 17.11.2022Resistance level: 42718.80
Support level : 42439.45
****Fib Retracement levels will act as the support or resistance****
If candles are sustaining or break above resistance level , we can expect upside move and the targets will be fib retracement levels as per chart
If candles are sustaining between resistance and support levels, consider as neutral
If candles are consolidating in buy zone or sell zone, wait for the breakout
If candles are sustaining or break below support level , we can expect downside move and the targets will be fib retracement levels as per chart.
If gap up or gap down opening, fib retracement levels will act as the support or resistance
*** For quick scalping use 5-minute time frame*****
Note: Pls check my previous day ideas for better understanding & how it works
Please let me know in comment section if you have any queries and like the idea If you agree with the analysis.
Disclaimer:
Views are purely educational in nature. You are solely responsible for any decisions you take on basis of my research
Banknifty Possible Trade in Expiry Option Day Trading
Up/ Down Side Expiry Targets For Banknifty
Support Zones For BankNifty Intraday Trading
First Support Zone For BankNifty – ( 42204 - 42235 )
Second Support Zone For BankNifty – ( 41921 - 41951 )
Third Support Zone For Banknifty - ( 41648 -41678 )
Resistance Zones For BankNifty Intraday Trading
First Resistance Zone For BankNifty – ( 42435 - 42405 )
Second Resistance Zone For BankNifty – ( 42635 - 42605 )
Third Resistance Zone For BankNifty - ( Wait For New High )
bank nifty intraday levels for 16.11.2022Resistance level: 42467.70
Support level : 42127.55
****Fib Retracement levels will act as the support or resistance****
If candles are sustaining or break above resistance level , we can expect upside move and the targets will be fib retracement levels as per chart
If candles are sustaining between resistance and support levels, consider as neutral
If candles are consolidating in buy zone or sell zone, wait for the breakout
If candles are sustaining or break below support level , we can expect downside move and the targets will be fib retracement levels as per chart.
If gap up or gap down opening, fib retracement levels will act as the support or resistance
*** For quick scalping use 5-minute time frame*****
Note: Pls check my previous day ideas for better understanding & how it works
Please let me know in comment section if you have any queries and like the idea If you agree with the analysis.
Disclaimer:
Views are purely educational in nature. You are solely responsible for any decisions you take on basis of my research