BankNifty opened minor gap-up and trading in a range, after consolidation between 35000 and 34900 we saw good up-move which was updated in the group. As analyzed we saw a Trending day and Call buyers made easy money. If we open with big gap-up, would look for the sell opportunity between 35700-35800 levels. Expectations for Tomorrow: Volatile day. Resistance:...
BankNifty opened with a Gap-up and traded in a very narrow range, a Typical expiry day where Option Writers were making money from both CE and PE. We took both CE and PE trades today and booked profit in both the trades. Though BankNifty 35000 CE as Zero Hero didn't work well. Expectations for Tomorrow: Trending day. Resistance: 35127 Support: 34634 Intraday...
Hello Traders, Possibility of market opening with Gap UP/Flat. Resistance Level : 1. Good Resistance Zone exists at 35600-35800. 2. Stronger Resistance at 35500 . 3. Strongest Resistance at 36000. Support Level : 1. 35000 is Strongest Support Level . 2. 34800 is a Strong Support. 3. 35200-300 is Good Support Zone . Sideways Possibility: More Sideways above...
Hello Traders, Possibility of market opening with Gap UP. Resistance Level : 1. Good Resistance Zone exists at 35200-35300. 2. Strongest Resistance at 35000 . 3. Strong Resistance at 35500. Support Level : 1. 34000 is Strongest Support Level . 2. 34500 is a Strong Support. 3. 34700-800 is Good Support Zone . Sideways Possibility: More Sideways above 35000 to...
Hello Traders, Trade safe as today is Expiry Day ... More Premium will Decay Resistance Level : 1. Good Resistance Zone exists at 34700-34800. 2. Strongest Resistance at 35000 . 3. Strong Resistance at 34800. 4. Strong Resistance Zone exists at 35100-35300. Support Level : 1. 34000 is Strongest Support Level . 2. 34500 is a Strong Support. 3. 34200-300 is Good...
As analyzed, BanknIfty opened with a gap-up and faced resistance near our Buy Level which is 34900, and traded in a narrow range the whole day. We tried to play in a range and bought 34800 CE which worked and gave easy 20% profit. For tomorrow, I am expecting a Negative opening. Expectations for Tomorrow: Volatile session after 1:00 PM. Resistance:...
As analyzed, BanknIfty opened with a gap-up and faced resistance near the 35300 zones. We bought 35100 PE in the morning but due to range-bound it hit our SL by 4 points and we saw a good down move. For tomorrow, I am expecting a positive morning session. Expectations for Tomorrow: Range-bound day. Resistance: 35129 Support: 34280 Intraday Levels: Buy Above...
Hello Traders, Possibility of market opening with Gap Down. Resistance Level : 1. Good Resistance Zone exists at 34800-35000. 2. Strongest Resistance at 35000 . 3. Strong Resistance at 35200. Support Level : 1. 34000 is Strongest Support Level . 2. Good Support at 34700. 3. 34500 is a Strong Support. 4. 34200-300 is Good Support Zone. Sideways...
BankNifty opened with a big gap-down today and as per strategy mentioned in trade idea for today, we bought morning lows and that gave great profit. We are expecting a positive morning tomorrow and BankNifty may break the 35000-35050 zone tomorrow. Expectations for Tomorrow: Range-bound day. Resistance: 35220 Support: 34578 Intraday Levels: Buy Above 35050 Sell...
18 June 2021 banknifty make round Pattern in 5 min Chart. As per my Chart analysis, Banknifty Touch recent resistance zone or Fill recent gap down and come again Downside for less time otherwise bank nifty trend is Bullish trend.
BankNifty Opened with a Gap-up and faced resistance near the drawn Yellow Line. We saw panic selling once start trading below 33450 which was also our Sell level. SGX showing gap-down opening and if BankNifty opens near 34000 zones, would be looking at the Buy opportunity. Expectations for Tomorrow: Volatile day. Resistance: 34927 Support: 34048 Intraday...
Hello Traders, Resistance Level : 1. Good Resistance Zone exists at 34700-800. 2. Strongest Resistance at 35000 . Support Level : 1. 34000 is Strongest Support Level . 2. Good Support at 34300. 3. 34500 is a good Support. Sideways Possibility: More Sideways below 34500 to 34700, if market opens below 34700 This is not Buy and Sell recommendation to any...
As expected, BankNifty opened with a Gap-down and gave a good rally towards resistance 34900, It faced resistance and lost all morning gains. We got a selling opportunity around 2:00 PM which gave a quick 600% profit to Put Buyers. Expectations for Tomorrow: Volatile day. Resistance: 34839 Support: 34224 Intraday Levels: Buy Above 34700 Sell Below 34450 To...
BankNifty opened a flat and took support near our Sell level and went up. It faced resistance at our Buy level, couldn't sustain above that, and came down. We got sell opportunity as per set-up when it broke 35100 zones and gave good profit. Expectations for Tomorrow: Rangebound day, volatility after 1:30 PM. Resistance: 35283 Support: 34636 Intraday...
Hello Traders, Stay safe and Trade safe. Possible of Gap Down/Flat Opening ...Tomorrow. Resistance Level : 1. Good Resistance Zone exists at 35100-300. 2. Strongest Resistance at 35500 . 3. Good Resistance at 35800. Support Level : 1. 345000 is Strongest Support Level . 2. Good Support at 34800 Sideways Possibility: More Sideways below 34800 to 35000. No...
BankNifty opened with a gap-up and made a high around resistance 35280 and as we analyzed BN remained in a range the whole day, there was not much for Intraday players. Expectations for Tomorrow: Volatile day, selling after 1:00 PM. Resistance: 35480 Support: 34950 Intraday Levels: Buy Above 35330 Sell Below 35100 To motivate me, Please like the idea If you...
Hello Traders, Possible of Gap Down/Flat Opening ...Tomorrow Resistance Level : 1. Good Resistance exists at 35300. 2. Strongest Resistance at 35500 . 3. Good Resistance at 35800. Support Level : 1. 35000 has become Strongest Support Level . 2. Good Support at 35200 . 3. Good Support at 34700 SideWays Possibility: More Sideways below 35300 to 35000. No Trade...
BankNifty opened with a gap-up and faced resistance near the 35350 zones, it couldn't even sustain above 35200 level which was our buy level and gave us sell opportunity. We got another sell trade once it started trading below the upper yellow line which gave us a 100-150 points trade. Expectations for Tomorrow: Volatile day. Resistance: 35297 Support:...