BankNifty Intraday Trade Setup | 4th MarSaturday was a special trading session and BankNifty opened with a gap-up around 47430 and that was the high of a small trading session.
For tomorrow, BankNifty has to sustain above 47520 for further upside which can take BankNifty towards 47650 and upper marked levels.
On the other side, if BankNifty breaks 47180 on downside, we expect to see 47050 and below marked levels on the chart.
Expectations: Volatile day.
Intraday Levels:
Buy Above - 47520
Sell Below - 47180
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Bankniftyintradaylevel
BankNifty Intraday Trade Setup | 26th FebToday BankNifty opened with a gap-up above physiological level of 47000 but faced resistance at 47200 - 47250 zone and we saw selling towards 46850 zone and after that BankNifty was trading in a small zone for entire day.
For tomorrow, BankNifty has to sustain above 47160 for further upside which can take BankNifty towards 47270 and upper marked levels.
On the other side, if BankNifty breaks 46750 on downside, we expect to see 46630 and below marked levels on the chart.
Expectations: Volatile day.
Intraday Levels:
Buy Above - 47160
Sell Below - 46750
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
BankNifty Intraday Trade Setup | 16th FebToday BankNifty opened with a gap-up around 46100 and opening price was a morning high. We saw almost 500 points fall in morning but BankNifty took support at 45590 and gave a rebound towards 46300 levels.
For tomorrow, BankNifty has to sustain above 46350 for further upside which can take BankNifty towards 46470 and upper marked levels. Keep an eye on 46500 which is major resistance zone.
On the other side, if BankNifty breaks 46000 on downside, we expect to see 45880 and below marked levels on the chart.
Expectations: Volatile day.
Intraday Levels:
Buy Above - 46350
Sell Below - 46000
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
BankNifty Intraday Trade Setup | 30th Jan '24Today 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 expect to see 44980 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
BankNifty Intraday Trade Setup | 14th DecToday BankNifty shown strength, taken bounce from near our sell level and we saw a good up-move in 2nd half. Tomorrow, if BankNifty sustains above 47200, we expect to see the targets towards 47320 and upper levels on buying side.
In case BankNifty sustains below today's low at 46880, we expect to see fast selling towards 46770 and below targets on the selling side.
Expectations: Volatile Day
Intraday Levels:
Buy Above - 47200
Sell Below - 46880
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Banknifty analysis for 7th December 2023 for educational purposeBanknifty analysis for 7th December 2023 for educational purpose
This video is for educational purpose and my personal view . We are NOT SEBI registered Advisor, we only give the level on our practical trading experience. Kindly take the trade according to your risk and reward position and consulting your advisor. It is advisable to take the advice of SEBI registered advisor.
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Banknifty Intraday Prediction Levels for 20 Oct 2023Banknifty Intraday Prediction Levels for 20 Oct 2023
The chart indicates 15 min time frame. These Levels act as Support and Resistance according to position of price . They are strictly for Intraday Trading only. Execution only after break and close above the Resistance zone/Line or below the Support zone/Line.
Major Resistances- 43850,43930,43990,44060,44125,44260,44330,44510,…
Major Supports- 43615,43540,43480,43410,43280,43200,43090,…
These levels act as support and resistance. You have to trade according to level breakout or breakdown. First target is immediate next level. When first target is achieved go for the next one and so on.
If You are a new trader then just watch ( No Trade) these levels for some days.
Happy trading.
Disclaimer:
I am not a SEBI Registered Analyst. Anything posted here is my own analysis and views. This is created for educational purposes only. Always consult your Financial Advisor before taking any decision or trade.
BANKNIFTY Intraday Trade Setup For 13 Jun 2023BANKNIFTY Intraday Trade Setup For 13 Jun 2023
Buy-Above 44005
Sl-43900
T- 44155 44337
Sell-Below 43870
Sl-43975
T- 43690 43490
BANKNIFTY has closed closed almost on a flat note with 0.10% cut today. It consolidated the whole day today in a very narrow range. It was a total sideways and momentum less market. This is due to ultra low VIX environment. Swing have become ultra short length due to this. Below 43870 we can expect good downside move tomorrow. Also in hourly TF is to sustain below that. Above 44005 if sustained we can get very good move in the upside. But keep tight trailing.
Coming to Tuesday's trade setup, if index opens flat and a 15 Min candle closes above 44005 then we will long for the target of 44155 and 44337.
For selling we need a 15 min candle close below 43870. T- 43690 and 43490.
In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range. Trade on this range breakout.
BANKNIFTY Intraday Trade Setup For 17 Feb 2023BANKNIFTY Intraday Trade Setup For 17 Feb 2023
Buy-Above 41865
Sl-41755
T-42000 42185
Sell-Below 41520
Sl- 41630
T- 41337 41150
BANKNIFTY has closed on a slight bearish sentiment with almost 100 points cut. Today it opened gap up directly at first target which was a PRZ plotted. As usual it fell from PRZ however the momentum was messy due to low VIX. 10 o'clock range broke downside below 41810 and made a low of 41525. Sl was just 85 points. However it was in two legs. It has closed near day low so below today's low it may continue the down move. Only hurdle is 41450. If 41450 is sustained then it will dive.
Coming to Friday's trade setup, if index opens flat and 15 Min candle closes above 41865 then we will long for the target of 42000. Above 42050 it will test 42185 and 42350.
For selling we need a 15 Min candle close below 41520. T- 41337 and 41150.
In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range. Trade on this range breakout.
Banknifty analysis for 16 Jan 2023Buy above 42485 - Target would be 42670 and 42860
Sell below 42250 - Target would be 42060 and 41890
NSE:BANKNIFTY
Disclaimer: Iam not a SEBI registered and not a tip provider and this chart is not indented to take trade in my levels, It is shared here for educational purpose only. Trading in this levels are all your own risk.