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Bankniftyintradaylevels

Banknifty Intraday Prediction Levels for 3 Nov 2023Banknifty Intraday Prediction Levels for 3 Nov 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. 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.
NSE:BANKNIFTY
by suraranjanganguli
BANKNIFTY Intraday Trade Setup For 03 Nov 2023BANKNIFTY Intraday Trade Setup For 03 Nov 2023 Bullish-Above 43280 Invalid-Below 43170 T- 43565 43830 Bearish-Below 42790 Invalid-Above 42900 T- 42530 42267 BANKNIFTY has closed on a bullish note with 0.74% gain today. However this gain is totally contributed by gap up opening. 10 o'clock range was to be used as per trade setup. 10 o'clock range broke downside below 42986 and made a low of 42797 however the breakout candle was too big. We have already discussed that probability of a halt candle this week is high. 43105 is a confluence zone and 43280 and 42790 are breakout levels for a direction move. Coming to Friday's trade setup, if index opens flat and a 15 Min candle closes above 43280 then we will long for the target of 43565 and 43831. For selling we need a 15 Min candle close below 42790. T- 42530 and 42267. 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 2 Nov 2023Banknifty Intraday Prediction Levels for 2 Nov 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- 42800,42895,42980,43095,43150,43250,43300,43440,43530,43620,.. Major Supports- 42560,42460,42370,42370,42280,42190,42080,42000,… 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.
NSE:BANKNIFTY
by suraranjanganguli
Banknifty Live Intraday Updates 02-11-2023 !Banknifty important levels to watch are as follows #Support: 42990 Sell below: 42990 only on 15 minute candle closure below the level. Target 1: 42850 Target 2: 42670 #Resistance: 43200 Buy Above: 43200 only on 15 minute candle closure Above the level. Target 1: 43325 Target 2: 43450 => # Remember each level will act as a support and resistance individually so there is a probability of reversal and a pullback on either side so its better to make an habit to book profits at each targets and re-enter again after a breakout from the same with a proper stoploss as per your own risk appetite. => # Please do your own research before initiating any trade. Always use stoploss in order to protect your capital. => #If you are Unable to trade properly and dissatisfied with your manual trading results due to psychological disadvantages or busy schedule or "Fear & Greed" emotions, then Algorithmic trading can be the most useful solution to overcome such problems. Kindly follow us and join us using details mentioned below the idea. => # Please refer our swing based support and resistance indicator if you find it useful give it a like. => # Follow us for more such information and educational ideas and Indicators. Give it a like if you appreciate the idea. Queries will be answered in comment section. #Disclaimer: This is just a view and published here only for educational purpose, this should not be considered as a buy or sell signal. Trading in stock market may involve financial risk therefore, do your own research before taking any position.
NSE:BANKNIFTY
by InvestyourAsset
2
BANKNIFTY Intraday Trade Setup For 02 Nov 2023BANKNIFTY Intraday Trade Setup For 02 Nov 2023 Bullish-Above 42820 Invalid-Below 42710 T- 43135 43410 Bearish-Below 42580 Invalid-Above 42690 T- 42267 42050 BANKNIFTY has closed on a slight bearish note with 0.34% cut once again. It opened with a slight cut and sell triggered below 42790. It could not hit our sell target and made a low of 42590 and closed at 42700. It has formed a range of 42820 and 42580. Breakout of this range will lead a direction move as it has formed a neutral candle in daily TF. 43135 and 42267 are important resistance and support for tomorrow's session. Coming to Thursday's trade setup, if index opens flat and a 15 Min candle closes above 42820 then we will long for the target of 43135 and 43410. For selling we need a 15 Min candle close below 42580. T- 42267 and 42050. 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.
NSE:BANKNIFTY
by Omahto
Banknifty Intraday Prediction Levels for 1 Nov 2023Banknifty Intraday Prediction Levels for 1 Nov 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- 42920,42990,43100,43250,43340,43425,43520,43600,43700,… Major Supports- 42680,42600,42480,42420,42250,42160,42070,41990,41870,… 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.
NSE:BANKNIFTY
by suraranjanganguli
Banknifty Live Intraday updates for 1-11-23 !BankNifty important levels to watch are as follows #Support: 42670 Sell below: 42670 only on 15 minute candle closure below the level. Target 1: 42510 Target 2: 42300 #Resistance: 42815 Buy Above: 42815 only on 15 minute candle closure Above the level. Target 1: 42920 Target 2: 43020 => # Remember each level will act as a support and resistance individually so there is a probability of reversal and a pullback on either side so its better to make an habit to book profits at each targets and re-enter again after a breakout from the same with a proper stoploss as per your own risk appetite. => # Please do your own research before initiating any trade. Always use stoploss in order to protect your capital. => #If you are Unable to trade properly and dissatisfied with your manual trading results due to psychological disadvantages or busy schedule or "Fear & Greed" emotions, then Algorithmic trading can be the most useful solution to overcome such problems. Kindly follow us and join us using details mentioned below the idea. => # Please refer our swing based support and resistance indicator if you find it useful give it a like. => # Follow us for more such information and educational ideas and Indicators. Give it a like if you appreciate the idea. Queries will be answered in comment section. #Disclaimer: This is just a view and published here only for educational purpose, this should not be considered as a buy or sell signal. Trading in stock market may involve financial risk therefore, do your own research before taking any position.
NSE:BANKNIFTY
by InvestyourAsset
Expiry Special Bank Nifty Analysis || Hero & Zero Trade DayGood Morning Guy's.. Guy's Bank nifty have formed a long bearish belt hold candlestick pattern on the daily scale as it failed to hold on to the 43000 levels and corrected 193 points to end at 42846. Bank nifty lost more than 300 points from the day's high. Bank nifty has experienced a trading session where it opened and hit it's high at the same level, signalling a strong bearish presence in the market. The confirmed upside resistance for the index is now at 43500, and until there is a closing breakthrough beyond this level, the overall trend remains negative. On the downside the index has support zone at 42400 and a breach below this level may intensify more selling pressure, potentially driving the index towards the 41500-41000 range. Important Levels for Bank Nifty:- Intraday support zone 42400 Intraday resistance zone 43000 Strong Support Zone 42000 Strong Resistance Zone 43500 Buy above 43038, if levels sustains at least for 30 Mints. Targets will be in upside 43276/43497 keep stop loss at 42695 Sale below 42695, if leves sustains at least for 30 Mints. Targets will be in downside 42405/42130 Keep stop loss at 43038 Note:- Hero Zero Trade will be in 2nd half somewhere 1:15pm. So, we will update in afternoon according to price action, so stick with us and follow us to get notity at right time. Till then enjoy but don't overtrade and Always wait for the best entry or levels to execute trades. And always follow strict stop loss to save your capital from unexpected market direction. Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades. Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's. Thankyou.
NSE:BANKNIFTYShort
by TraderRahulPal
3
Banknifty daily analysis for 31/10/23.Banknifty has tested 38.2% fib level but is still closed below the fibonacci level. It has given a bullish engulfing candle after testing the low of 42400 it has given close above 43k level. Chance are of testing the 200 ema on the daily front. On the hourly charts, the market has closed between both the moving averages and is around the resistance level of 43100. If the market start moving upwards the targets will be the retest of 50 and 61.8 fib level. Market will form a "W" pattern before moving upward or it will give another bearish leg retesting the levels. Support :- 42800, 42400 Resistance :- 43100, 43370 Wait for the price action near the level before entering the market.
NSE:BANKNIFTY
by Mambotrade
#Banknifty direction and levels for NOV 1st"Good morning, friends! As of November 1st, there is no significant difference between the last session, and the global market sentiment is moderately bullish, as indicated by the Dow Jones. Our local market is also showing a moderate bullish trend. It may open with a neutral to slightly gap-down start. There is a 5th correctional wave, so if the gap-down sustains, we can expect correction continuation. On the other hand, if a pullback occurs followed by a gap-down, we can anticipate a range market between yesterday's high and the Fibonacci level of 61%."
NSE:BANKNIFTYShort
by Manickamtraders
BANKNIFTY Intraday Trade Setup For 01 Nov 2023BANKNIFTY Intraday Trade Setup For 01 Nov 2023 Bullish-Above 43130 Invalid-Below 43020 T- 43410 43760 Bearish-Below 42790 Invalid-Above 42900 T- 42538 42280 BANKNIFTY has closed on a bearish note with 0.45% cut today. It was 0.382/0.5 rejection day of the parabolic fall from 44600. Today's high near 43400 will be an important hourly swing high for a reversal structure. Tomorrow 43130 will be important level to decide the bullish momentum. Below 42790 we can expect some bearish momentum. 43410 will be an important resistance zone and 42200 zone will be support zone. Coming to Wednesday's trade setup, if index opens flat and a 15 Min candle closes above 43130 then we will long for the target of 43410 and 43760. For selling we need a 15 Min candle close below 42790. T- 42538 and 42280-300. 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.
NSE:BANKNIFTY
by Omahto
FASP levels for Bank Nifty 01/11/2023The FASP for BankNifty is listed for 01-11-2023. 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 oct31"Good morning, friends! As of October 31st, the global market sentiment is moderately bullish, as indicated by the Dow Jones. Our local market is also showing a moderate bullish trend. It may open with a neutral to slightly gap-down start. After that, if a pullback occurs, we can anticipate a continuation of the pullback. On the other hand, there is a sub-wave 4th in progress, so if it undergoes a correction, we can complete it and expect a 5th correction. However, it should break the Fibonacci level of 38%. If it does break the 38% level, we can consider this as the 5th correction (5th in a 5-sub-wave structure)."
NSE:BANKNIFTY
by Manickamtraders
BANK NIFTY FUT | 31 OCT 23AS WE CAN SEE THAT BANKNIFTY HAS TAKEN GOOD SUPPORT FROM CHANNEL BOTTOM i.e 42088, REMEMBER ONE SHOULD FOLLOW THE TREND BUT SHOULDN'T GET BIAS WITH THE DIRECTION. ADDING MY ANALYSIS LEVELS FOR 31 OCT,23 BELOW FOR NIFTY FUTURES: LONG PLAN >>>>> 🐂 - 43488 (I WILL WAIT FOR THE 5 MIN CANDLE TO CLOSE ABOVE THIS LEVEL) - R1: 43800 - R2: 44055 - R3: 44355 SHORT PLAN >>>>> 🐻 - 43111 (I WILL WAIT FOR THE 5 MIN CANDLE TO CLOSE BELOW THIS LEVEL) - S1: 42900 - S2: 42699 - S3: 42414 PLEASE FOLLOW FOR MORE REGULAR UPDATES. QUOTE FOR THE DAY : “Every battle is won or lost before it’s ever fought” – Sun Tzu 📌📌📌📌📌 Disclaimer - I am not SEBI Registered Research Analyst or Investment Advisor. All Information provided above are just for Education purpose only . They are not buy/Sell Recommendations . Please consult your financial Advisor before taking any trade or investments.
NSE:BANKNIFTY1!
by Omkar9992
#Banknifty directions and levels for oct30"Good morning, friends! As of October 30th, the global market sentiment is bearish, as indicated by the Dow Jones. Our local market is also showing a moderate bearish trend. It may open with a neutral to slightly gap-down start. Structurally, we can expect a minor correction ranging from 38% to 61%. After that, if a pullback occurs, we can anticipate a range-bound market with a potential for continuation. On the other hand, if it breaks the previous bottom, the correction is likely to persist. However, if the market opens with a gap-up, we can only expect pullback continuation if it manages to sustain."
NSE:BANKNIFTY
by Manickamtraders
Banknifty weekly analysis for 30/10/23.Banknifty has been trading below Weekly 20 ema and has given nice trending movement of around 1500 points from high to low while closing around 940 points lower. It recovered around 1% or 500 point higher on the last trading session that is a retracement after the selling leg. Daily candle is showing a retracement and can test fibonacci 38.2% or 50% level. The closing on the hourly charts is above the 20 ema after consolidating around the level. Support :- 42500, 42320, 42130 Resistance :- 43100, 43380, 43620 After a selling leg the market are retracing to clear the imbalances. The trend is bearish for now and sell on rise in the market cycle. Wait for the price action and a setup for the entry. Trailing stop loss can give good targets on the bearish side.
NSE:BANKNIFTY
by Mambotrade
1
Astramicro: Weekly Flag BOA Flag and Pole Pattern is visible on thw weekly chart of NSE:ASTRAMICRO One can Create position in the scrip as per the levels mentioned in the chart. If you agree with the idea then hit the airplane icon and don't forget to follow me to get all the latest updates. Post your comments and queries. Disclaimer: Content shared is for information and education purposes only and should not be treated as investment or trading advice. Please do your own analysis or take independent professional financial advice before making any investments based on your own personal circumstances. Investment in securities are subject to market risks, please carry out your due diligence before investing. And last but not the least, past performance is not indicative of future returns.
NSE:ASTRAMICROLong
by raigvivek
2
27th Oct ’23 - Bears taking some rest before the next move?BankNifty Analysis During periods of trend reversals, BankNifty will act as the leading indicator. I hope that will work out in this period as well. Today’s price action is quite too early to say if we have reversed the bearish trend - because it was mostly support and resistance play. BN started around the 42576 zone and held its ground confirming the lack of momentum of the bears (as of now). It could also be a day of rest as we had strong price moves already this week. BN was unable to climb back upto the resistance zone of 43012 - indicating lower strength of the bulls as well. Till we get clarity if its a reversal or trend continuation, I wish to change my stance to neutral from bearish. The resistance points above the spot are 43012 and 43253. The support zones are 42576 & 41624. Yesterday we discussed the importance of 41624, since it comes at a drop of 1158 points - the bears have to really exert that much pressure. This reassures the decision to take some rest and build up the momentum for the next move.
NSE:BANKNIFTY
by viswaram
Banknifty Intraday Prediction Levels for 26 Oct 2023Banknifty Intraday Prediction Levels for 26 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- 43090,43220,43300,43635,43700,…. Major Supports- 42650,42485,42330,42285,42170,42080,42000,… 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.
NSE:BANKNIFTY
by suraranjanganguli
BANK NIFTY FUT | 26 OCT AS WE CAN SEE THAT THE MARKET IS IN A DOWNTREND, ONE SHOULD FOLLOW THE TREND BUT SHOULDN'T GET BIAS WITH THE DIRECTION. ADDING MY ANALYSIS LEVELS FOR 26 OCT,23 BELOW FOR NIFTY FUTURES: LONG PLAN >>>>> 🐂 - 43020 (I WILL WAIT FOR THE 5 MIN CANDLE TO CLOSE ABOVE THIS LEVEL) - R1: 43188 - R2: 43366 - R3: 43544 SHORT PLAN >>>>> 🐻 - 42720 (I WILL WAIT FOR THE 5 MIN CANDLE TO CLOSE BELOW THIS LEVEL) - S1: 42566 - S2: 42404 - S3: 42277 PLEASE FOLLOW FOR MORE REGULAR UPDATES. QUOTE FOR THE DAY : “What separates the “consistently great” athletes and performers from everyone else is their distinct lack of fear of making a mistakes” 🚀🚀🚀🚀 -Mark Douglas 📌📌📌📌📌 Disclaimer - I am not SEBI Registered Research Analyst or Investment Advisor. All Information provided above are just for Education purpose only . They are not buy/Sell Recommendations . Please consult your financial Advisor before taking any trade or investments.
NSE:BANKNIFTY1!
by Omkar9992
BANKNIFTY Intraday Trade Setup For 27 Oct 2023 || Daily AnalysisBANKNIFTY Intraday Trade Setup For 27 Oct 2023 Bullish-Above 42380 Invalid-Below 42270 T-42650 42925 Bearish-Below 42100 Invalid-42210 T-41835 41487 BANKNIFTY has closed once again on a complete bearish note today with 1.29% cut. It opened with a slight cut actual trade was 10 o'clock range breakout which happened in the downside below 42370 and gave a move till 42110 and risk (last swing high) was 42460. Tomorrow above 42380 after a flat opening we can give a good bounce. Be very strict in trailing after sell triggers ,especially near 41950. Coming to Friday's trade setup, if index opens flat and a 15 Min candle closes above 42380 then we will long for the target of 42650 and 42925. For selling we need a 15 Min candle close below 42100. T- 41835 41487 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.
NSE:BANKNIFTY
by Omahto
Banknifty daily analysis for 27/10/23.Banknifty has been trading below the 200 DMA and for consecutive 3 trading session it has closed in red. Today, the close is below 550 points after testing low of 42100. The trend in the market is bearish and more selling upto 41500 level can be seen in the coming days. On the hourly chart, there was a fall in the first half of the session and consoldiated in a parallel channel in the second. A perfect bearish flag and pole formation is there on 15 minutes chart. Support :- 42000-40, 41500 Resistance :- 42800, 43000 Market has given a break down and now there are big targets in the market. If the market breaks down the parallel channel there can be another sell off breaching another round number levels of 42000. Wait for the price action near the levels before entering the market.
NSE:BANKNIFTY
by Mambotrade