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Bankniftyintradaylevels

Banknifty Intraday Prediction Levels for 13 Oct 2023Banknifty Intraday Prediction Levels for 13 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- 44680,44740,44830,44920,45000,45120,… Major Supports- 44515,44450,44360,44280,44200,44100,43900,… 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 Trade Setup for 13-10-2023BankNifty important levels to watch are as follows #Support: 44220 Sell below: only on 15 minute candle closure below the level. Target 1: 44120 Target 2: 44000 #Resistance: 44380 Buy Above: only on 15 minute candle closure Above the level. Target 1: 44470 Target 2: 44620 => # 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:BANKNIFTYShort
by InvestyourAsset
#October13 directions and levels for Banknifty"Good morning, friends! As of October 13th, global market sentiment is negative, as indicated by the Dow Jones. However, our market trend is moderately bullish. It may open with a significant gap down. After that, if it is rejected around the immediate support zone, we can expect a ranging market. On the other hand, if it breaks the immediate support zone, then the correction is likely to continue. If there are any changes, I will inform you during the mid-market update."
NSE:BANKNIFTY
by Manickamtraders
Banknifty Intraday Prediction Levels for 12 Oct 2023Banknifty Intraday Prediction Levels for12 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- 44600,44671,44715,44770,44950,45120… Major Supports- 44435,44360,44315,44261,44096,43910… 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 daily analysis for 13/10/23.Banknifty on the daily time frame has formed an inside candle. It has closed above the 20 ema on the daily charts. On the hourly charts, the market has remained in the first hour candle and closed just between both the moving averages and the moving averages are close enough. The market has consolidated whole day and closed only 82 points higher killing option buyers. There is a sideway cycle in the market and there are less opportunity for the option buyers. On 15 minutes charts, the market has closed between both the moving averages and has closed around the 20 ema. Support :- 44450, 44340 Resistance :- 44740, 44970 Wait for the price action near the levels before entering the market.
NSE:BANKNIFTY
by TheMamboMomentum
#October12 direction and levels for Banknifty"Good morning, friends! As of October 12th, global market sentiment is slightly positive, as indicated by the Dow Jones. However, our market trend is bullish. It may open with a gap-up. After that, if it breaks the previous day's high, we can expect sub-wave 5. It's a distribution wave, so the structure is important. If the breakout structure is solid, then we can anticipate a rally continuation with minor consolidation. We can expect a correction only if it reaches the immediate resistance level with minor pullbacks, at which point we can complete the 5th wave and anticipate a correction. On the other hand, if the gap-up doesn't sustain, sub-wave 4 may likely continue."
NSE:BANKNIFTY
by Manickamtraders
Banknifty Intraday Prediction Levels for 11 Oct 2023Banknifty Intraday Prediction Levels for 11 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- 44500,44542,44600,44660,44710,44850,44910,… Major Supports- 44308,44258,44190,44110,44070,… 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 daily analysis for 12/10/23.Banknifty today tested 44700 level after a gap up opening and came down lossing the gain and closing only 156 points higher. It took a good support around 44500 levels and closed just around the levels. Again, there a doji formation on the higher levels and it is unable to close above 20 ema on the daily charts. On the hourly charts, after a first hour volatile movement it remained in a 100 points range, closing between both the moving averages. A minor resistance is there around 44550 level and it is taking support from the 20 ema. Support :- 44450, 44340 Resistance :- 44740, 44970 Today's weekly expiry remained silent and the markets remained volatile. Wait for the price action near the levels before entering the market.
NSE:BANKNIFTY
by TheMamboMomentum
Banknifty Expiry Trade Setup for 11-10-2023BankNifty important levels to watch are as follows #Support: 44330 Sell below: 44330 only on 15 minute candle closure below the level. Target 1: 44200 Target 2: 44020 Target 3: 43840 #Resistance: 44490 Buy Above: 44490 only on 15 minute candle closure Above the level. Target 1: 44620 Target 2: 44760 Target 3: 44890 => # 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
Banknifty daily analysis for 10/10/23.Banknifty has closed more than 1% lower on the daily charts but it took support around the major support levls of 43800. The market remained in a first hour candle and has closed below both the moving averages on the hourly chart. There are chance of a trending market as there is weekly expiry of another finance index. For last 2 weeks there were no trend expiry of the 2 finance indices. So there is much possibility of market giving a trend move. On 15 minutes charts, it has closed below both the moving averages. 20 ema is providing market a resistance and it has been retested. The RSI indicator is showing a bullish divergence. The Indian market are strong but due to the global news there was a gap down opening. Support :- 43840, 43740, 43480 Resistance :- 44120, 44250 Wait for the price action near the levels before entering the market.
NSE:BANKNIFTY
by TheMamboMomentum
Banknifty Trade setup for 10-10-2023BankNifty important levels to watch are as follows #Support: 43830 Sell below: 43830 only on 15 minute candle closure below the level. Target 1: 43680 Target 2: 43500 #Resistance: 43960 Buy Above: 43960 only on 15 minute candle closure Above the level. Target 1: 44200 Target 2: 44450 => # 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
#october11 directions and levels for Banknifty"Good morning, friends! As of October 11th, global market sentiment is slightly positive, as indicated by the Dow Jones. However, our market trend is bullish. It may open with a gap-up. After that, if the gap-up sustains, we can expect a rally continuation with minor consolidation. We can expect a correction only if it rejects the major resistance levels. On the other hand, if the gap-up doesn't sustain, we can expect 'sub-wave 4,' which may take a maximum of 23 to 38% Fibonacci correction."
NSE:BANKNIFTY
by Manickamtraders
Banknifty Intraday Prediction Levels for 10 Oct 2023Banknifty Intraday Prediction Levels for 10 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- 43955,44022,43120,44310,… Major Supports- 43830,43790,43700,43630,43500,43300,… 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
#October10 directions and levels for Banknifty"Good morning, friends! As of October 10, global market sentiment is slightly positive, as indicated by the Dow Jones. However, our market trend moderately bearish. It may open with a gap-up. Afterward, if it rejects the immediate resistance levels, then we can expect a correction to continue with minor pullbacks. On the other hand, if it breaks the resistance with a solid structure, we can anticipate a continuation of the pullback."
NSE:BANKNIFTY
by Manickamtraders
6
BANKNIFTY Intraday Trade Setup For 10 Oct 2023 || Daily AnalysisBANKNIFTY Intraday Trade Setup For 10 Oct 2023 Bullish-Above 44115 Invalid-Below 44005 T- 44395 44615 Bearish-below 43790 Invalid-Above 43900 T- 43524 43253 BANKNIFTY has closed on a bearish note with 1.07% cut today. It was due by the Middle East tension we opened with a gap down. It directly tested 43800, hourly support. Decent bounce came from there and then it just contracted within the 1st 15 Min candle's range. 10 o'clock was to be used as per trade setup but it was untouched. A good trendy move can be seen below 43790 now. If it sustains above 43970 tomorrow then bulls might try their grip. However we will long above 44115. Coming to Tuesday's trade setup, if index opens flat and a 15 min candle closes above 44115 then we will long for the target of 44395 and 44615. For selling we need a 15 Min candle close below 43790. T- 43524 and 43253. 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 9 Oct 2023Banknifty Intraday Prediction Levels for 9 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- 44433,44510,… Major Supports- 44277,44110,43900,43700,… 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
#October09 directions and levels for Banknifty"Good morning, friends! As of October 09, global market sentiment is neutral to slightly positive, as indicated by the Dow Jones. However, our market trend remains moderately bullish. It may open with a neutral to slightly negative sentiment based on the Israel-Hamas war. Afterward, if it finds immediate support at the current level, we can expect a range-bound market and a continuation of the pullback. If it breaks this support level, then the correction is likely to continue. The same sentiment applies to the initial market express sharp pullback, but we can expect a rally continuation only if it breaks the previous day's high."
NSE:BANKNIFTY
by Manickamtraders
5
Banknifty weekly analysis for 09/10/23.Banknifty has been taking support from the 20 ema on the weekly charts and has closed above the level this week too. It is respecting the crucial levels and has closed 223 point lower on the weekly charts. There were gap up and gap down this week and didn't gave any intraday opportunity for an option buyers. The market has closed between both the moving averages, on the daily charts. In the last trading session, banknifty opened 110 points higher and traded in a range of just 250 points whole day. It closed only 147 points higher just decaying the option premiums. The market has been forming a similar pattern on the daily charts and this week can be different. The gift nifty is showing a 113 point gain on the daily close and if it remain same in the morning, Indian market too can show another gap up opening. On the hourly charts, it took support from the 20 ema and has closed between both the moving averages. Market has created support and resistance at a close range and trades should only be initiated once the market crosses the high or low of the previous day. Support :- 44270, 44120, 44020 Resistance :- 44450, 44720, 44975 Banknifty has been respecting a trend line on the hourly charts and its break out can show some bullish move in the market. The markets are still confused in deciding the trend It has been tradin in a 1000 points range for last 15 days or 10 trading session which is unusual for Banknifty. There are high chances of a trending move in the market. Bullish or bearish trades should be trailed if the market start trading above 44700 or below 43700 levels respectively. Wait for the price action near the levels before etnering the market.
NSE:BANKNIFTY
by TheMamboMomentum
BANKNIFTY Intraday Trade Setup For 09 Oct 2023 || Weekly OutlookBANKNIFTY Intraday Trade Setup For 09 Oct 2023 Bullish-Above 44505 Invalid-Below 44395 T- 44770 45040 Bearish-Below 44240 Invalid-Above 44350 T- 43995 43800 BANKNIFTY has closed with a slight cut of 0.5% last week. As per volume profile 43900 was the discussed level last week. Now resistance as per volume profile from 15 Sep High is 44650-750 zone. It has formed a pinbar candle in weekly TF. 43570 is the high and trigger point to the bullish sentiment. 44500 and 44240 are important levels for tomorrow's session on a flat opening. Important intraday support and resistance are 44770 and 43800. High probability trade looks in the bullish side. Coming to Monday's trade setup, if index opens flat and a 15 Min candle closes above 44505 then we will long for the target of 44770 and 45040. For selling we need a 15 Min candle close below 44240. T- 43995 and 43800. 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 As 2 days goes by but primium does't risk as market trapped many sellers as to gave a brackout 2 days earlyer from past 2 days consolidation we can see people are looseing nmoney consistenly But as they will close there trade if market opens high tommorow so as only buyer wiil stay or buy at that zone Market will come down to hunt there sl but in another senario if market starts flat then look for buy cauz markets moving slowly in upward direction and closing of both buyer and sellers when there are less participents markets then to go up not probeble senario market starts down or comes down after opening flat then look for a buy opertunity cauz there are already sell and then buyers who brought on friday should be stoped out and there money will creat a sell order and trapping sells again so market will rayly upside Conclusion 1 avoid if flat , wait if comes down after opning flat 2 sell only if market opens gap up , avoid if goes up after an hour 3 buy if comes down after opning flat, buy if opens below and give a selling setup/ avoid if opens below and gives a buying setup cauz market can creat a buying setup to come down as there are one gap at 44000 to 44150
NSE:BANKNIFTY
by samantamonojit98
Banknifty TradeSetup for 06-10-2023BankNifty important levels to watch are as follows #Support: 44180 Sell below: 44180 only on 15 minute candle closure below the level. Target 1: 44050 Target 2: 43850 #Resistance: 44390 Buy Above: 44390 only on 15 minute candle closure Above the level. Target 1: 44525 Target 2: 44740 => # 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
#October6th direction and levels for Banknifty"Good morning, friends! As of October 6th, we have an RBI monetary policy meeting scheduled for around 10 am. Therefore, the technical structure is not as important, as the markets will largely react to the news. These moves may be very volatile, so it's advisable to approach your positions with caution. However, this represents the current market sentiment. The global market sentiment is neutral to slightly positive, as indicated by the Dow Jones. In contrast, our market trend is moderately bullish. It may open with a neutral to slightly positive sentiment. If it subsequently breaks the immediate resistance level, we can anticipate a rally continuation. On the other hand, if the gap-up doesn't hold, or if the market opens with a gap-down, we should be prepared for a range-bound market or a correction."
NSE:BANKNIFTY
by Manickamtraders
3