Today BankNifty opened with a gap-up around 45171 and gave a good rally in first half upto 45660, however, we saw selling from upper levels and BankNifty closed around 45400.
For today, BankNifty has to sustain above 45600 for further upside which can take BankNifty towards 45720 and upper levels. On the other side, if BankNifty breaks 45100 on downside, we...
Expectations for Tomorrow: Volatile Day.
Intraday Levels:
Buy Above - 41530
Sell Below - 41000
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Expectations for Tomorrow: Volatile Day.
Intraday Levels:
Buy Above - 39500
Sell Below - 39150
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
BANKNIFTY Intraday Trade Setup For 16 Aug 2022
Buy-Above 39090
Sl- 38970
T-39222 39355 39517
Sell-Below 38955
Sl-39070
T-38821 38740 38650
BANKNIFTY has closed a positive sentiment with more than 0.4% gain. It has closed above the psychological level 39000. Index is bullish till it closes above previous day low. Closing below PDL will be a sign of weakness in...
BANK NIFTY as per Daily chart Analysis and 15min Chart analysis these are my observations
Daily chart analysis as per Elliot wave the 5th wave gets completed at 38106 level. As well as on a 15 minute chart the 5th Wave gets completed at 38106 level.
I also observe Head and Shoulder pattern on a 15 minute chart and having 38106 level resistance the market should...
