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Bankniftyintradaylevels

BANKNIFTY Intraday Trade Setup For 04 Dec 2023BANKNIFTY Intraday Trade Setup For 04 Dec 2023 Bullish-Above 44960 Invalid-Below 44850 T- 45281 45611 Bearish-Below 44750 Invalid-Below 44860 T- 44460 44120 BANKNIFTY has closed on a bullish note last week with 2.39% gain. Last week we discussed that 44450 is an important swing for a upside journey. Till now index has given almost 500 points run. One should trail with PDL on closing basis, below that red candle's low we will exit longs completely. Tomorrow above 44960 we will plan a bullish trade. In case 44750 is broken and bearish price structure in 5 Min TF is established. Coming to Monday's trade setup, if index opens flat and a 15 Min candle closes above 44960 then we will long for the target of 45281 and 45611. For selling we need a 15 Min candle close below 44750. T- 44460 and 44120. In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range (5MIN). Trade on this range breakout. ========== I am Not SEBI Registered This is my personal analysis for my personal trading. Kindly consult your financial advisor before taking any actions based on this.
NSE:BANKNIFTY
by Omahto
Banknifty Intraday Prediction Levels for 1 Dec 2023Banknifty Intraday Prediction Levels for 1 Dec 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- 43220,43310,43365,43500,43620,43700,43750,43910,44000,… Major Supports- 42890,42775,42680,42630,42480,42380,42250,42085,41980,41850,… These levels act as support and resistance. You have to trade according to level breakout or breakdown. 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.
NSE:BANKNIFTY
by suraranjanganguli
BankNIFTY weekly prediction for 6th Dec Expiryas we have already discussed Banknifty has given breakout. and yesterday it also had a consolidation i will not say it was a healthy one. but I was monthly expiry and rounded well for bulls. Now I am expecting it to move bullish whole this week. Target 1 will be 45561, then some consolidation and it will move to all time high 46250. Reasons: Price has already broken out 2 month breakout with Inverted HNS. (Bullish) RSI is in bullish zone crossing 60 to upside. (Bullish) Bullish Golden crossover successful. (Bullish) Inverted HNS breakout and successful retesting of neck-line. (Bullish) According to OI, PCR: 1.24 (Bullish) with max pain = 44900 or 45000. Bears is not having much of positions that bulls have to worried right now. Verdict: Strong Bullish Plan of action: Sell 44900 PE and Buy 43700 PE
NSE:BANKNIFTYLong
by finnova_
BANKNIFTY Intraday Trade Setup For 01 Dec 2023BANKNIFTY Intraday Trade Setup For 01 Dec 2023 Bullish-Above 44770 Invalid-Above 44880 T- 45080 45345 Bearish-Below 44250 Invalid-Above 44360 T- 43980 43710 BANKNIFTY has closed on a slight bearish note with 0.19% cut today. Now next round of up move will resume above 44770 only. Today it traded between buy and sell level for the whole day. There can be a very good trendy move with momentum above today's high. Below 44250 it will give a downside move. In between it is risky to trade as it be a zoned market between today's high and low. Coming to Friday's trade setup, if index opens flat and a 15 Min candle closes above 44770 then we will long for the target of 45080 and 45345. For selling we need a 15 Min candle close below 44250. T- 43980 and 43710. In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range (5MIN). Trade on this range breakout. ========== I am Not SEBI Registered This is my personal analysis for my personal trading. Kindly consult your financial advisor before taking any actions based on this.
NSE:BANKNIFTY
by Omahto
#Banknifty directions and levels for NOV 30"Good morning, friends🌺! As of November 30th, the global market sentiment remains bullish, supported by the Dow Jones. However, our local market exhibits a significantly bullish trend. It might open with a neutral to a slight gap-down, considering the GiftNifty value at -10. Structurally, it appears to be a range-bound market. Even if it opens with a gap-up or gap-down, a minor correction of 23 to 38% can be expected. The rally will persist only if the market solidly breaks the immediate resistance level. This same sentiment applies to a bearish structure, indicating that a correction will occur only if it breaks the 38% Fibonacci level. Until then, we can anticipate the market remaining within a range."
NSE:BANKNIFTY
by Manickamtraders
BANKNIFTY Intraday Trade Setup For 30 Nov 2023BANKNIFTY Intraday Trade Setup For 30 Nov 2023 Bullish-Above 44640 Invalid-Below 44530 T- 44915 45160 Bearish-Below 44300 Invalid-Above 44410 T- 44058 43790 BANKNIFTY has closed on a bold bullish note with more than 1.5% gain today. Important swing high 44450 was broke today. Now index has changed its daily TF structure into bullish. Index looks ready to test 45850 and may be a fresh ATH. Today it opened with gap up above our buy level so 10 o'clock range was to be used. Range broke upside above 44140 and gave a fantastic move till 44630. Coming to Thursday's trade setup, if index opens flat and a 15 Min candle closes above 44640 then we will long for the target of 44915 and 45160. For selling we need a 15 Min candle close below 44300. T- 44058 and 43790. In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range (5MIN). Trade on this range breakout. ========== I am Not SEBI Registered This is my personal analysis for my personal trading. Kindly consult your financial advisor before taking any actions based on this.
NSE:BANKNIFTY
by Omahto
FASP levels for Bank Nifty 30/11/2023The FASP for BankNifty is listed for 30-11-2023. 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
#Banknifty directions and levels for NOV 29th"Good morning, friends🌺! As of November 29th, the global market sentiment remains bullish, as indicated by the Dow Jones. However, our local market shows a moderately bullish trend. It might open with a slight gap-up start, considering the GiftNifty value at +60. If the gap-up sustains, then we can expect a rally continuation with minor consolidation. On the other hand, if the gap-up doesn't sustain or if it sharply rejects around the immediate resistance level, then we can expect a correction, which may involve a minimum 23% to 38% Fibonacci correction. However, a proper reversal will only occur if it breaks the 38% level."
NSE:BANKNIFTY
by Manickamtraders
BankNifty Breakout prediction for today 29 Nov 23As we discussed yesterday, Banknifty moved to upside and took a retrace and again continue the bullish momentum. By looking the chart and OI data Banknifty is highly likely to move in the up direction. Reasons: BANKNIFTY break the range by making inverted HNS pattern. (Bullish) RSI has broken to upside and retraced. (Bullish) Price > EMAs (Bullish) EMAs golden crossover. (Bullish) PCR = 1.12 (Bullish) Verdict: Bullish Plan of action: Sell 43900 PE and Buy 44000 CE
NSE:BANKNIFTYLong
by finnova_
BANKNIFTY Intraday Trade Setup For 29 Nov 2023BANKNIFTY Intraday Trade Setup For 29 Nov 2023 Bullish-Above 43970 Invalid-Below 43860 T- 44235 44510 Bearish-Below 43800 Invalid-Above 43910 T- 43588 43330 BANKNIFTY has closed on a slight bullish note with 0.26% gain today. Buy triggered as per trade setup above 43810 and gave a small move till 43960. Momentum was really yuck. This dead momentum will continue for this week too. I have already reduced my position sizing for directional trades since last week you should do the same. Till the time Vix starts its journey towards 15, momentum will be dull. 43970 and 43800 are important levels for tomorrow's session. Coming to Wednesday's trade setup, if index opens flat and a 15 Min candle closes above 43970 then we will long for the target of 44235 and 44510. For selling we need a 15 Min candle close below 43800. T- 43588 and 43330. In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range (5MIN). Trade on this range breakout. ========== I am Not SEBI Registered This is my personal analysis for my personal trading. Kindly consult your financial advisor before taking any actions based on this.
NSE:BANKNIFTY
by Omahto
Banknifty analysis for 29TH NOVEMBER 2023 for educational purposBanknifty analysis for 29TH NOVEMBER 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. YOUR QUERY - Trading analysis for tomorrow Nifty price action analysis Nifty bank nifty analysis Nifty option chain analysis for tomorrow Monday bank nifty analysis Bank nifty daily analysis Nifty analysis for tomorrow Option trading daily analysis Bank nifty weekly analysis Bank nifty analysis for Monday Nifty prediction and bank nifty analysis Tomorrow market prediction Nifty open interest analysis tomorrow Nse option chain analysis Daily option chain analysis Nifty option chain analysis for tomorrow Option chain analysis Today option chain analysis Option chain analysis for tomorrow Nifty trader option chain analysis Today nifty option trading Nifty trader option chain analysis Today nifty opening prediction Nifty post market analysis Morning nifty prediction Bank nifty post market analysis @vijayanjum
NSE:BANKNIFTY
by vijayanjum
#Banknifty Directions and levels for NOV 28"Good morning, friends🌺! As of November 28th, there is no significant difference in the global and our local market sentiments compared to the last session. The global market sentiment remains bullish, as indicated by the Dow Jones. However, our local market shows a moderately bearish trend. It might open with a slight gap-up or a neutral start, considering the GiftNifty value at +5. Structurally, there is a distribution wave occurring. So, if the market experiences a pullback with grinding, we can expect rejection around the immediate resistance level. However, if the pullback forms a solid structure, we can consider that a bullish sign. On the other hand, if the market opens with a gap-down or experiences sharp initial declines, the range-bound market is likely to continue."🤝
NSE:BANKNIFTY
by Manickamtraders
BANKNIFTY Intraday Trade Setup For 28 Nov 2023BANKNIFTY Intraday Trade Setup For 28 Nov 2023 Bullish-Above 43810 Invalid-Below 43700 T- 44080 44285 Bearish-Below 43580 Invalid-Above 43690 T- 43330 43085 BANKNIFTY has closed with a slight gain of 0.42% last week. Last week it was discussed that index momentum will be complete sideways till Nov monthly candle closes at a good level to trigger any direction. So has happened and so will happen this weak too. Stay cautious for intraday as momentum is dead. Important level is 44450 for an upside trigger and 43200 being the downside trigger level. 43810 and 43580 are important levels for next session. Coming to Tuesday's trade setup, if index opens flat and a 15 Min candle closes above 43810 then we will long for the target of 44080 and 44285. For selling we need a 15 Min candle close below 43580. T- 43330 and 43085. In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range (5MIN). Trade on this range breakout. ========== I am Not SEBI Registered This is my personal analysis for my personal trading. Kindly consult your financial advisor before taking any actions based on this.
NSE:BANKNIFTY
by Omahto
#Banknifty directions and levels for NOV 24th"Good morning, friends! As of November 24th, there is no significant difference in the global and our local market sentiments compared to the last session. The global market sentiment remains bullish, indicated by the Dow Jones. However, our local market shows a moderately bearish trend. It might open with a slight gap-up or a neutral start, considering the GiftNifty value at +10. Subsequently, if the market experiences a pullback, we shouldn't anticipate a significant move unless it breaks the immediate resistance. Simultaneously, if it faces rejection around the immediate resistance, the market will likely continue within a range. Conversely, if the gap-up isn't sustained or if it opens with a gap-down, we can anticipate a similar range-bound market sentiment. Correction may occur if the market breaches the immediate support zone."
NSE:BANKNIFTY
by Manickamtraders
BANKNIFTY Intraday Trade Setup For 24 Nov 2023BANKNIFTY Intraday Trade Setup For 24 Nov 2023 Bullish-Above 43650 Invalid-Below 43540 T- 43853 44055 Bearish-Below 43450 Invalid-Above 43560 T- 43230 42948 BANKNIFTY has closed with a slight gain of 0.29% yesterday. Buy triggered above 43510 last day which gave a small move till 43649. It was all sideways yesterday, momentum was dead. Above today's high on a flat opening we ca see a good upside move, so 43650 is very important. Now for a bearish trade 43450 is the level to look for breakout. In between we will be neutral and will avoid any directional anticipation. Coming to Friday's trade setup, if index opens flat and a 15 Min candle closes above 43650 then we will long for the target of 43853 and 44055. For selling we need a 15 Min candle close below 43450. T- 43230 and 42948. In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range (5MIN). Trade on this range breakout. ========== I am Not SEBI Registered This is my personal analysis for my personal trading. Kindly consult your financial advisor before taking any actions based on this.
NSE:BANKNIFTY
by Omahto
#Banknifty directions and levels for NOV 23"Good morning, friends! As of November 23rd, there is no significant difference from the last session. The global market sentiment is bullish, as indicated by the Dow Jones. However, our local market is showing a moderately bearish trend. It may open with a slight gap-up or a neutral start, as the GiftNifty indicates a value of +10. After that, even if the market takes a pullback, we can't expect a big move that doesn't break the immediate resistance. At the same time, if it rejects around the immediate resistance, then it will turn into a range market. On the other hand, if the gap-up doesn't sustain or if it opens gap-down, we can expect the same range market sentiment, and correction will occur when the market breaks yesterday's low."
NSE:BANKNIFTY
by Manickamtraders
BANKNIFTY prediction for 22 Nov As we discussed yesterday Banknifty was sideways it has been forming ascending trangle if it breaks to downside it will be touching the 43430 level. on upside it has the 200 EMA resistance and price action resistance level at 43770. Reasons: PCR = 0.65, its expiry today mostly its sideways. but OI shows as Bearish. 200 EMA resistance to upside. (Bearish) RSI 40-60 mostly Sideways. (sideways) Price < 200 EMA (Bearish) Very nice price action support (4H-tf) downside. (Bullish level) 43450 has huge PE Calling. (Bullish) Verdict: If breaks downside it will give nice Bearish target. Plan of action: Sell 43700 CE if breaks to downside buy 43600 PE
NSE:BANKNIFTYShort
by finnova_
#banknifty directions and levels for NOV 22"Good morning, friends! As of November 22nd, the global market sentiment is bullish, as indicated by the Dow Jones. However, our local market is showing a moderately bearish trend. It may open with a slight gap-up or a neutral start, as the GiftNifty indicates a value of +10. If the market breaks the immediate resistance, we can expect a pullback continuation. On the other hand, if the gap-up doesn't sustain or if it opens gap-down, we can expect a correction, but it should break the Fibonacci level of 38%."
NSE:BANKNIFTY
by Manickamtraders
BANKNIFTY Intraday Trade Setup For 22 Nov 2023BANKNIFTY Intraday Trade Setup For 22 Nov 2023 Bullish-Above 43780 Invalid-Below 43670 T- 44031 44285 Bearish-Below 43580 Invalid- 43690 T- 43345 43120 BANKNIFTY has closed on a slight bullish note with 0.24% gain today. It opened with a decent gap up and was almost sideways the whole day except the put spike. Best trade looks in long side which can trigger a fast momentum. Below 43660 it will have a bearish stance. 43780 and 43580 are important levels to look for breakout. Both side momentum can be good tomorrow. Coming to Wednesday's trade setup, if index opens flat and a 15 Min candle closes above 43780 then we will long for the target of 44031 and 44285. For selling we need a 15 Min candle close below 43580. T- 43345 and 43120. In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range (5MIN). Trade on this range breakout. ========== I am Not SEBI Registered This is my personal analysis for my personal trading. Kindly consult your financial advisor before taking any actions based on this.
NSE:BANKNIFTY
by Omahto