Today will be gap Down opening in BANKNIFTY . After opening if banknifty start trading below 45950 level then possible downside rally of 400-500 points upto 45550 Level. And this rally can extend for another 400 points if it gives breakdown of 45450 level. Any Major upside only expected in case banknifty starts trading above 46050 level.
Fin Nifty Spot : 20408.25 . Option Strike : 20400 CE & 20400 PE I Am Not Sebi Registered Analysis, This Is Education Purpose Only. Dear Followers.. Trend Is Our Friend.. 1. Draw The Lines In Your Trading View.. Then Only You Understand My Statistical Startegy. 2. Kindly Watch My Break Even Point. Every Day. 3. Above The Break Even Point.. Resistance Break.....
BANK Nifty Spot : 45979.85 . Option Strike : 46100 CE & 46100 PE I Am Not Sebi Registered Analysis, This Is Education Purpose Only. Dear Followers.. Trend Is Our Friend.. 1. Draw The Lines In Your Trading View.. Then Only You Understand My Statistical Startegy. 2. Kindly Watch My Break Even Point. Every Day. 3. Above The Break Even Point.. Resistance...
BankNifty Analysis Banknifty showed more negative sentiment than Nifty. In Fact it is hard to digest that Nifty was staying strong when BankNifty, NiftyIT and Reliance were down. Quite a rare day. Recap from Friday: “For monday I wish to maintain the bullish stance and would like to reverse and go short only if the 45910 levels are getting taken out.” . Not...
BANKNIFTY Intraday Trade Setup For 20 Sep 2023 Bullish-Above 46160 Invalid-Below 46050 T- 46400 46630 Bearish-Below 45900 Invalid-Above 46010 T- 45679 45397 BANKNIFTY has closed on a bearish note with 0.54% cut today. It It was sideways and zone till 1'0 clock. Later at the time of closing post 3 PM there were spikes in the downside. Nothing triggered as per...
Close of 15min. candle below 46130 may lead the fall in banknifty upto next support mentioned in the chart......
Banknifty important levels to watch are as follows #Support: 46140 Sell below: 46140 only on 15 minute candle closure below the level. Target 1: 46020-46000 Target 2: 46850 #Resistance: 46315 Buy Above: 46315 only on 15 minute candle closure Above the level. Target 1: 46420 Target 2: 46600 #Remember each level will act as a support and resistance...
"Good morning! As of September 18th, global market sentiment is slightly turning negative, primarily based on the performance of the Dow Jones. The market trend is moderately bullish; it may open with a slightly negative gap. After that, if it takes support around the immediate support zone, then we can expect the range market to continue rallying. However, if it...
As Per Techincal Analysis Market On Week High and as per day candel also markets at high levels As Per My Point Of View Market Need to Retest Downside Againt or Wait 2 3 days then breakout will be strong otherwise market can fall. Support Resistance For Tomorrow If the Market Opens Gapup Above 46315 then wait for sustenance or wait for retest previous...
After a nice upside momentum banknifty is now in a sideways trend and during the last trading session it has consolidated hitting 46300 levels. It is trading around the ATH and on the weekly charts there is a nice V-shape recovery for the markets. On the daily charts, there is a formation of a doji and has closed 230 points higher. Nifty has already crossed...
BANKNIFTY Intraday Trade Setup For 18 Sep 2023 Bullish-Above 46320 Invalid-Below 46210 T- 46585 46855 Bearish-Below 46020 Invalid-Below 46130 T- 45720 45415 BANKNIFTY has closed on a bullish sentiment with 2.88% gain last week. Before Sep 8 we were waiting for the daily range shift to get a directional move. Range was 45k and 44K which broke in the upside on 8...
BankNifty Analysis Banknifty also had a similar chart pattern like Nifty50. The good thing is that it has caught up near the all time highs. We just have 98pts to be taken out for a new lifetime high. Today’s price action and the far OTM premiums were totally out of sync. The volatility was falling still there were adequate price swings - which is not the case...
BANKNIFTY has completed a second 2 month long cup and is poised for higher breakout if it crosses the cup effectively. RSI high, volumes high.
Good Morning Guy's. Banknifty have formed a dogi kind of candlestick pattern on the daily time frame after the rangebound trade, as the closing was near opening levels, indicating the thug of war between sellers and buyers for the future trend, but anyway index has successfully given a closing above 46000 levels, which is a positive sign in near term, Today...
"Good morning! As of September 15th, there is no significant difference compared to the last session. Global market sentiment remains neutral, primarily based on the performance of the Dow Jones. The market trend is moderately bullish, with a possibility that it may open with a neutral to slightly bullish gap. If the market subsequently breaks the previous high,...
BankNifty Analysis Banknifty had a decent range bound day today, but the options premium had some unusual jumps. I wasn't prepared to take advantage of those - especially during the open period as I was scanning for Nifty strikes to sell. After a few minutes I still saw the exorbitantly high OTM premiums both for PE and CE - but still couldn't capitalise as my...
Finally, banknifty has crossed 46k levels and has closed around it. Today the market was a bit volatile and remained sideways after an initial gap up opening. It tested 46100 levels and reversed making base around 45850 levels and consolidated in a 150-200 point range in the second half of the session. On the hourly charts, the market hasn't given a close above...
BANKNIFTY Intraday Trade Setup For 15 Sep 2023 Bullish-Above 46160 Invalid-Below 46050 T- 46450 46750 Bearish-Below 45800 Invalid-Above 45910 T- 45530 45290 BANKNIFTY has closed with a slight gain of 0.2% today. It opened with a slight gap up and buy triggered as per trade setup above 46000 which hit sl after giving small momentum. Later 10 o'clock range broke...