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Bankniftyintraday

Banknifty weekly analysis for 29/01/24.Banknifty has closed below the weekly 20 ema and looks bearish as the golden ratio is also breached. The previous trading session has formed a bullish hammer but still is trading below the previous day high. Bullish swing/intrady should be created above 46200 levels. It has taken support from 20DEMA. Major support levels :- 44480, 44290 No trading zone is market between 44480-45130 due to the volatility in the market. Resistance levels :- 45130, 45470, 46160 Markets will be opening after a long weekend and chance are there of a gap up/down opening. Trailing stop loss can help capturing the trend. This is a budget week and option premiums will be high. Enter a confirm setup and aviod entering the between the trend. Watch price action near the levels before entering the trade.
NSE:BANKNIFTY
by Mambotrade
1
Bank Nifty - 30/01/2024 - LevelsHello Traders, Welcome to SriTrader5121 -------------------------------------------------- Bank Nifty - 30/01/2024 - Levels IMPORTENT ZONE FOR THE DAY: 45368 – 45400 Important Support and Resistance for the Day... Support - Resistance - Support-1: 45400 Resistance-1: 45525 Support-2: 45265 Resistance-2: 45660 Support-3: 45110 Resistance-3: 45770 Support-4: 44920 Resistance-4: 45935 ____________________________________________ Happy Learning and Trading – TST5121 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 0.5 -> 0.5% Swing PDH -> Previous Day High PDL -> Previous Day Low PDC -> Previous Day Close PDO -> Previous Day Open PWH -> Previous Week High PWO -> Previous Week Open PWC -> Previous Week Close PWL -> Previous Week Low D_S -> Day Support D_R -> Day Resistance W_S -> Week Support W_R -> Week Resistance W_O -> Week Open W_C -> Week Close LW_O -> Last Week Open LW_C -> Last Week Close IMP -> Important R@1, R@2, R@3... -> Resistance-Zones S@1, S@2, S@3... -> Support-Zones MS -> Major Support SH -> Swing-High SL -> Swing-Low DT -> Double Top DB -> Double Bottom TT -> Triple Top TB -> 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)
NSE:BANKNIFTY
by SriTrader5121
Banknifty weekly analysis for 23/01/24. Banknifty is taking support from the weekly 20 ema and has formed a bearish engulfing candle on the charts. The movinga averages are being respected by the market, it is hovering between both 20 and 200 ema on daily charts. A consolidation is there in between 50-61.8% fibonacci levels. It has been trading in a similar range for last 3 trading session and this week is only of 3 days. In case, market starts moving up it will face resistance around the rejection levels of 46610 and 46900-47050. Resistance :- 46230, 46610, 46900-47050. The market is showing some negative sentiments and there are chances of it hitting below 45k levels once the support zone of 45500 is breached. Bearish trades can be initiated once 45450 level is gone and market starts sustaining below it. There are buyers around this level and lower targets of 45000 and 44600 can be capture on the break down. Support levels :- 45450-500, 44930, 44550(daily 200 ema). Mark the no trading zone of 45450-46100 as the market is volatile in this range. Wait for the price action and candle closing below or above the levels before initiating a trade.
NSE:BANKNIFTY
by Mambotrade
BankNifty Intraday Trade Setup | 20th Jan '24Today BankNifty opened with a gap-up around 46100 and after making a high around 46250, it gave a 600+ points fall from higher levels towards 45550. BankNifty is looking bearish in comparison to Nifty and if it fails to hold 45500 on closing basis, we may see another fresh selling. For tomorrow, BankNifty has to sustain above 45940 for further upside which can take BankNifty towards 46060 and upper levels. On the other side, if BankNifty breaks 45500 on downside, we expect to see 45370 and below marked levels on the chart. Expectations: Volatile day. Intraday Levels: Buy Above - 45940 Sell Below - 45500 To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
NSE:BANKNIFTY
by InvestPro_India
1
BankNifty Intraday Trade Setup | 19th Jan '24Today BankNifty opened with a gap-down around 45500 and after making a low at 45430 it gave a 700+ points bounce from lower levels towards 46180 but again we saw a selling and it come down to 45500. The positive point is that BN didn't break the morning low and closed above the opening price. For tomorrow, BankNifty has to sustain above 45850 for further upside which can take BankNifty towards 45980 and upper levels. On the other side, if BankNifty breaks 45400 on downside, we expect to see 45280 and below marked levels on the chart. Expectations: Volatile day. Intraday Levels: Buy Above - 45850 Sell Below - 45400 To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
NSE:BANKNIFTYLong
by InvestPro_India
1
BankNifty Intraday Trade Setup | 12th Jan '24Today BankNifty opened with a gap-up near 47050 and after making a high in first 15 mins candle we saw weakness entire day. For tomorrow, BankNifty has to sustain above 47570 for further upside which can take BankNifty towards 47690 and upper levels. On the other side, if BankNifty breaks 47350 on downside, we expect to see 47220 and below marked levels on the chart. Expectations: Volatile day. Intraday Levels: Buy Above - 47570 Sell Below - 47350 To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
NSE:BANKNIFTY
by InvestPro_India
1
Bank Nifty - 12/01/2024 - LevelsHello Traders, Welcome to SriTrader5121 -------------------------------------------------- Bank Nifty - 12/01/2024 - Levels IMPORTENT ZONE FOR THE DAY: 47410 – 47440 Important Support and Resistance for the Day... Support - Resistance - Support-1: 47235 Resistance-1: 47560 Support-2: 47140 Resistance-2: 47660 Support-3: 47000 Resistance-3: 47820 Support-4: 46810 Resistance-4: 48000 ____________________________________________ Happy Learning and Trading – TST5121 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 0.5 -> 0.5% Swing PDH -> Previous Day High PDL -> Previous Day Low PDC -> Previous Day Close PDO -> Previous Day Open PWH -> Previous Week High PWO -> Previous Week Open PWC -> Previous Week Close PWL -> Previous Week Low D_S -> Day Support D_R -> Day Resistance W_S -> Week Support W_R -> Week Resistance W_O -> Week Open W_C -> Week Close LW_O -> Last Week Open LW_C -> Last Week Close IMP -> Important R@1, R@2, R@3... -> Resistance-Zones S@1, S@2, S@3... -> Support-Zones MS -> Major Support SH -> Swing-High SL -> Swing-Low DT -> Double Top DB -> Double Bottom TT -> Triple Top TB -> 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) If market open as a FLAT and moves to UP - SIDE then BUY with the Support of R-1 and SELL with the Rejection of R-1. (Or) If market open as a FLAT and moves to DOWN - Side then BUY with the Support of S-1 and SELL with the Rejection of PDL. Possibility 2: GAP-UP If market open as a GAP - UP and moves to UP - Side then BUY with the Support of PDH and SELL with the Rejection of PDH. (Or) If market open as a GAP - UP and moves to DOWN - Side then BUY with the Support of IMP and SELL with the Rejection of IMP. Possibility 3: GAP-DOWN If market open as a GAP - DOWN and moves to UP - Side then BUY with the Support of IMP and SELL with the Rejection of IMP. (Or) If market open as a GAP - DOWN and moves to DOWN - Side then BUY with the Support of W-R and SELL with the Rejection of W-R.
NSE:BANKNIFTY
by SriTrader5121
Banknifty - Intraday levels & Prediction for 11 Jan 2024Banknifty Prediction for Tomorrow Banknifty looks weak when comparing with Nifty, currently its trading below Previous week low. We can expect reversal either from PWL, or PDH BNF target for upcoming days is 46400 and below Look for Buy/Sell at Demand and Supply zone for profitable trades. Demand and Supply Zones - When price breaks the zone, Demand zone will become Resistance and Supply zone will become Support. Refer the chart for detailed Intraday Support and Resistance levels. Happy Trading!!
NSE:BANKNIFTYShort
by ViVenTraders
BankNifty Intraday Trade Setup | 11th Jan '24Today BankNifty opened with a gap-down near 47000 which was the physiological support zone and after giving a bounce towards 47350 odd levels in early morning, it remained in a small range on entire day and it was a typically options sellers day. For tomorrow, BankNifty has to sustain above 47500 for further upside which can take BankNifty towards 47620 and upper levels. On the other side, if BankNifty breaks 47000 on downside, we expect to see 46880 and below marked levels on the chart. Expectations: Volatile day. Intraday Levels: Buy Above - 47500 Sell Below - 47000 To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
NSE:BANKNIFTY
by InvestPro_India
1
Banknifty weekly expiry levels for 10/01/24.Banknifty has given fall in the second half and fell almost 700 points from the day high. Now the market has confirmed a bearish trend as it has been forming a lower low lower high formation. It is taking support from 200 hourly ema and closed 200 points lower. Tomorrow is weekly expiry and anything below 47150 will drag banknifty to test 46920 levels. Major support :- 47150, 4920 Resistance :- 47450, 47860 If there is a consolidation on the levels and gives a break down good points can be capture, else it can take a halt after a 2 days fall. Wait for the price action near the levels before entering the trade.
NSE:BANKNIFTY
by Mambotrade
Banknifty weekly & intraday levels for 08/01/24.Inside candle is formed on the weekly charts and Banknifty has closed only 130 points lower. There is a doji week and daily candle. 47400 is a major support level on the daily close. If market starts closing below it there will be a M pattern formtaion and selling can happen. Currently, it has closed around 61.8% daily fib. Reversal or bearish trades for intraday can be initiated as per the price action around the level. Major bearish targets. :- 47810, 47560 Trailing SL should be taken in a bearish trades for holding as there can be chance of it being a winning trade. Resistance :- 48380-400, 48620 47810-48400 is a no trading zone for tomorrow, if the market takes a halt between the levels there will be a time decay in the option. Short OTM strangle can be created while rolling up or down the leg. Wait for the price action near the levels before entering the market.
NSE:BANKNIFTY
by Mambotrade
Bank Nifty - 08/01/2024 - LevelsHello Traders, Welcome to SriTrader5121 -------------------------------------------------- Bank Nifty - 08/01/2024 - Levels IMPORTENT ZONE FOR THE DAY: 48030 – 48050 Important Support and Resistance for the Day... Support - Resistance - Support-1: 48040 Resistance-1: 48260 Support-2: 47890 Resistance-2: 48380 Support-3: 47800 Resistance-3: 48550 Big-Support: 47500 Big- Resistance: 48700 ____________________________________________ Happy Learning and Trading – TST5121 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 0.5 -> 0.5% Swing PDH -> Previous Day High PDL -> Previous Day Low PDC -> Previous Day Close PDO -> Previous Day Open PWH -> Previous Week High PWO -> Previous Week Open PWC -> Previous Week Close PWL -> Previous Week Low D_S -> Day Support D_R -> Day Resistance W_S -> Week Support W_R -> Week Resistance W_O -> Week Open W_C -> Week Close LW_O -> Last Week Open LW_C -> Last Week Close IMP -> Important R@1, R@2, R@3... -> Resistance-Zones S@1, S@2, S@3... -> Support-Zones MS -> Major Support SH -> Swing-High SL -> Swing-Low DT -> Double Top DB -> Double Bottom TT -> Triple Top TB -> 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) If market open as a FLAT and moves to UP - SIDE then BUY with the Support of R-1 and SELL with the Rejection of R-1. (Or) If market open as a FLAT and moves to DOWN - Side then BUY with the Support of S-1 and SELL with the Rejection of PDL. Possibility 2: GAP-UP If market open as a GAP - UP and moves to UP - Side then BUY with the Support of PDH and SELL with the Rejection of PDH. (Or) If market open as a GAP - UP and moves to DOWN - Side then BUY with the Support of IMP and SELL with the Rejection of IMP. Possibility 3: GAP-DOWN If market open as a GAP - DOWN and moves to UP - Side then BUY with the Support of IMP and SELL with the Rejection of IMP. (Or) If market open as a GAP - DOWN and moves to DOWN - Side then BUY with the Support of W-R and SELL with the Rejection of W-R.
NSE:BANKNIFTY
by SriTrader5121
BankNifty Intraday Trade Setup | 8th Jan '24Today BankNifty opened with a gap-up above our buy level of 48250 and struggled at upper levels, we saw profit booking around 48400. BankNifty triggered our sell level 47950 and hit the 1st target. For Monday, BankNifty has to sustain above 48450 for further upside which can take BankNifty towards 48570 and upper levels. On the other side, if BankNifty breaks 47950 again on downside, we expect to see 47840 and below marked levels on the chart. Between this zone, trading will be tricky so better to avoid. Expectations: Volatile day. Intraday Levels: Buy Above - 48450 Sell Below - 47950 To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
NSE:BANKNIFTY
by InvestPro_India
1
BankNifty Intraday Trade Setup | 5th Jan '24Today BankNifty opened with a gap-up above our buy level of 47800 and gave rally towards 48280 hitting all our targets on the buy side. BankNifty is looking bullish for tomorrow and positional basis until trading above 48250. For tomorrow, if BankNifty breaks 48250 on the upside, we expect to see 48370 and upper marked levels. On the other side, if BankNifty breaks 47950 on downside, we expect to see more selling towards 47830 and below marked levels on the chart. Expectations: Trending day. Intraday Levels: Buy Above - 48250 Sell Below - 47950 To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
NSE:BANKNIFTY
by InvestPro_India
1
Bank Nifty - 05/01/2024 - LevelsHello Traders, Welcome to SriTrader5121 -------------------------------------------------- Bank Nifty - 05/01/2024 - Levels IMPORTENT ZONE FOR THE DAY: 48070 – 48090 Important Support and Resistance for the Day... Support - Resistance - Support-1: 48090 Resistance-1: 48420 Support-2: 47965 Resistance-2: 48500 Support-3: 47800 Resistance-3: 48600 Big-Support: 47500 Big- Resistance: 48600 ____________________________________________ Happy Learning and Trading – TST5121 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 0.5 -> 0.5% Swing PDH -> Previous Day High PDL -> Previous Day Low PDC -> Previous Day Close PDO -> Previous Day Open PWH -> Previous Week High PWO -> Previous Week Open PWC -> Previous Week Close PWL -> Previous Week Low D_S -> Day Support D_R -> Day Resistance W_S -> Week Support W_R -> Week Resistance W_O -> Week Open W_C -> Week Close LW_O -> Last Week Open LW_C -> Last Week Close IMP -> Important R@1, R@2, R@3... -> Resistance-Zones S@1, S@2, S@3... -> Support-Zones MS -> Major Support SH -> Swing-High SL -> Swing-Low DT -> Double Top DB -> Double Bottom TT -> Triple Top TB -> 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) If market open as a FLAT and moves to UP - SIDE then BUY with the Support of R-1 and SELL with the Rejection of R-1. (Or) If market open as a FLAT and moves to DOWN - Side then BUY with the Support of S-1 and SELL with the Rejection of PDL. Possibility 2: GAP-UP If market open as a GAP - UP and moves to UP - Side then BUY with the Support of PDH and SELL with the Rejection of PDH. (Or) If market open as a GAP - UP and moves to DOWN - Side then BUY with the Support of IMP and SELL with the Rejection of IMP. Possibility 3: GAP-DOWN If market open as a GAP - DOWN and moves to UP - Side then BUY with the Support of IMP and SELL with the Rejection of IMP. (Or) If market open as a GAP - DOWN and moves to DOWN - Side then BUY with the Support of W-R and SELL with the Rejection of W-R.
NSE:BANKNIFTY
by SriTrader5121
BankNifty Intraday Trade Setup | 4th Jan '24BankNifty opened flat today and after making a low around 47480 in first 30 mins it remained in a range to eat premium as today it was a weekly expiry for BankNifty. For tomorrow, if BankNifty breaks 47450 on the downside, we expect to see 47320 and below levels marked. On the other side, if BankNifty sustains above 47800 we expect to see an upmove towards 47900 and upper marked levels on the chart. Expectations: Volatile Day Intraday Levels: Buy Above - 47800 Sell Below - 47450 To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
NSE:BANKNIFTY
by InvestPro_India
Bearish Engulfing in Bank Nifty FutureAfter bearish candle of 1Jan today good fall we can see also all level was given my previous chart analysis. All level was given in chart in very clear. Scenario Happen: Market will open between 47871- 48212 then it will be side base market. If open below 47882 wait for make a resistance at level 47882 then short your position. Also follow volume. It will give proper idea in live market. For down move we have a support area of 47500-47493. If open near about 48212 and make green candle then wait for settle above 48212. after 15 min trade above 48212 we will bullish for intraday basis.
NSE:BANKNIFTY1!
by KaustavHazra
BankNifty Intraday Trade Setup | 2nd Jan '24BankNifty opened flat today and remained in a range for sometime. BankNifty broke the upper level of 48300 and made a high at 48450 which acted as rejection zone and we saw a fall of around 400 points in last 30 mins. For tomorrow, if BankNifty breaks 48100 on the downside, we expect to see 47980 and below levels marked. On the other side, if BankNifty sustains above 48450 we will see fresh buying towards 48580 and upper marked levels on the chart. Expectations: Volatile Day Intraday Levels: Buy Above - 48450 Sell Below - 48100 To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
NSE:BANKNIFTY
by InvestPro_India
1
BankNifty Intraday Trade Setup | 29th DecToday BankNifty opened with a gap-up and after consolidating near our buy level 48400 it went up towards 48630 and 1st and 2nd Targets were done on buy side. For tomorrow, if BankNifty sustains above 48650, we expect to see further up move towards 48770 and upper marked levels. On the other side, if BankNifty breaks 48400 on the downside, we may see 48280 and below marked levels. Expectations: Volatile Day Intraday Levels: Buy Above - 48650 Sell Below - 48400 To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
NSE:BANKNIFTY
by InvestPro_India
1
BankNifty Intraday Trade Setup | 28th DecToday BankNifty opened with a gap-up around 47850 and we saw a breakout above 48000 in the morning session which took BankNifty towards 48250 zones but profit booking was seen from the upper levels. BankNifty again took support near 47900 odd levels and gave rally towards 48350 by breaking a previous high. For tomorrow, if BankNifty sustains above 48400, we expect to see further up move towards 48520 and upper marked levels. On the other side, if BankNifty breaks 48070 on the downside, we may see 47960 and below marked levels. Expectations: Volatile Day Intraday Levels: Buy Above - 48400 Sell Below - 48070 To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
NSE:BANKNIFTY
by InvestPro_India
6
FASP levels for Bank Nifty 20/12/2023The FASP for BankNifty is listed for 20-12-2023. 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.
NSE:BANKNIFTY
by SathishChandrasekaran