Get started

Bankniftyintradaylevels

September27 direction and levels for #Banknifty"Good morning, friends! As of September 20th, there has been no change in the global market sentiment. Dow Jones still exhibits a negative sentiment, while our market trend remains moderately bullish with a 'C' pullback wave structurally. However, if the market opens with a gap-down, Monday's range will serve as a range-bound boundary. In my personal opinion, even if it breaks yesterday's range, the market may reject immediate levels, suggesting there won't be significant moves. We can anticipate a directional move only if it breaks through immediate support or resistance with minor consolidation."
NSE:BANKNIFTY
by Manickamtraders
26 Sep ’23 Post Mortem on BankNifty - Bearish stance continues.BankNifty Analysis Yesterday I had a bearish call for banknifty, recap: “My first target of 44451 was hit — but it was not enough to build up momentum. As long as BN stays below 45399 I wish to maintain the bearish call. This is in spite of the day ending with a gain of 154pts.” If you look at the 5mts chart pattern, its hard to notice the bearishness, but if you switch to a higher time frame - it will get more obvious. The only limitation being the lower low is still not taken out. The move yesterday has not taken out the last lower high. I wish to continue the bearish sentiment as long as the lower high is not taken out on the 1hr TF. Totally accept the fact that this down move has not been an inspiration for the bears yet - but my advice to them would be to wait till 44068 is broken.
NSE:BANKNIFTYShort
by viswaram
BANKNIFTY Intraday Trade Setup For 27 Sep 2023BANKNIFTY Intraday Trade Setup For 27 Sep 2023 Bullish-Above 44725 Invalid-Below 44615 T- 45040 45252 Bearish-Below 44530 Invalid-Above 44640 T- 44225 43917 BANKNIFTY has closed with a slight bearish note with 0.32% cut today. In the weekend analysis it was discussed that index can form a base near 44500 and probability of sideways is high after a parabolic down move. It has closed exactly at 44600 in 3 out of 4 last sessions. It was just sideways throughout the day. Sell triggered below 44580 which ended at cost EOD. Tomorrow sustaining above 44725 in 15 Min TF will initiate a bullish momentum. However a clean downside momentum is possible below 44400 only. Coming to Wednesday's trade setup, if index opens flat and a 15 Min candle closes above 44725 then we will long for the target of 45040 and 45252. For selling we need a 15 Min candle close below 44530. T- 44225 and 43917. Trail sl below 44400. 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
BANK NIFTY -Target Levels -WED-27.09.23Bank Nifty Spot Price : 44624.20. - VIX SPOT Price : 11.19. - Bank Nifty Daily Range : 44363 To - 44886. - Watch Option Strike : 44700 CE & 44700 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.. UPTREND Starts.. Buy CE.. 4. Below The Break Even Point.. Support Break.. DOWNTREND Starts.. Buy PE.. 5. After Retracement.... Stop Loss is Above Or Below Break Even Point.. 6. Stop Loss Is Must.. 7. Watch 5 Mins Time Frame.. & 15 Mins Time Frame.. 8. In Future i Analysis & Focus On Option Strike - Entry, Target, Stop Loss. Also.. Don"t Enter Blindly. 1. We Focus On Our Daily Analysis.. 2. Combination Theory Of Delta, Gamma & Thetta,. 3. Selection Of OI Analysis & Prediction Of Entry, Targets, & Stop Loss.. 4. We See 4 Types Of Fibinacci Retracement Levels.. (1.High To Low Fib Level, 2.Low To High Fib Level, 3.Long Fib Level & 4. Short Fib Level), 5. Techninal View On Break Even Point.. 6. Wait For Support Breaking or Resistance Breaking.. That Time Watch The Market Carefully.. 7. Market Moves in UpTrend or DownTrend.. 8. Kindly Watch Both The Nifty Target Levels & Bank Nifty Target Levels in your Trading View.. Its Most Important For Daily Tradings.. Kindly Follow My Channel & Like Your Support in My Idea. BY : newsbharathi27040.
NSE:BANKNIFTY
by market1tomorrow
Banknifty Trade Setup for 26-09-2023BankNifty important levels to watch are as follows #Support: 44620 Sell below: 44620 only on 15 minute candle closure below the level. Target 1: 44480 Target 2: 44250 #Resistance: 44780 Buy Above: 44780 only on 15 minute candle closure Above the level. Target 1: 45000 Target 2: 45250 #Remember each level will act as a support and resistance individually so there is a probability of reversal on either side. Please do your own research before initiating any trade. Always keep stoploss in order to protect your capital. Follow us for more such information and educational ideas. Give it a like if you appreciate the idea. Queries will be answered in comment section. #If you are Unable to trade properly and dissatisfied with your manual trading results due to busy schedule or "Fear & Greed" emotions Algorithmic trading can be the most useful solution kindly follow us and join us using details mentioned below the idea. #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
4
#september26 levels and direction for #Banknifty"Good morning, friends! As of September 26th, global market sentiment is slightly negative, primarily due to the performance of the Dow Jones. Our market trend is moderately bullish, but there is some structural bending in the 'C' pullback wave. So, if it opens gap-down, yesterday's range will act as a range-bound boundary. On the other hand, if it breaks either to the upside or downside, you can set your target at immediate levels. Here, my personal opinion is that even if it breaks yesterday's range, the market may reject the immediate levels, indicating that there won't be significant moves. We can expect a directional move only if it breaks the immediate support or resistance with minor consolidation."
NSE:BANKNIFTY
by Manickamtraders
BANKNIFTY Intraday Trade Setup For 26 Sep 2023BANKNIFTY Intraday Trade Setup For 26 Sep 2023 Bullish-Above 44940 Invalid-Below 44830 T- 44179 45400 Bearish-Below 44580 Invalid-Above 44690 T- 44250 43917 BANKNIFTY has closed on a slight bullish note with 0.35% gain today. It was discussed in the weekend that we will give pullback of the fall and 44500 zone can be the probable bottom. Today it gave a sharp recovery of 400+ points till 44936. Now on a flat opening above today's high we will give another recovery. Also it has to be remembered that 0.382 of the recent fall will be a probable pullback which now comes near 44200 zone. 44940-50 and 44580 are important levels for tomorrow's session. Coming to Tuesday's trade setup, if index opens flat and a 15 Min candle closes above 44940 then we will long for the target of 45179 and 45400. For selling we need a 15 Min candle close below 44580. T- 44250 and 43917. 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 INDEX MAGICAL LEVELS FOR 26-09-23 The plotted levels on the chart should be considered only when BANKNIFTY opens flat on 26-09-2023. If BANKNIFTY opens GAP-UP (Open > Previous High) or GAP-DOWN (Open < Previous Low) on 26-09-2023 then the following calculations must be considered: Level 1 = OPEN PRICE (25-SEP) - 131.20 Level 2 = OPEN PRICE (25-SEP) - 292.20 Level 3 = OPEN PRICE (25-SEP) - 97.25 Level 4 = OPEN PRICE (25-SEP) + 131.20 Level 5 = OPEN PRICE (25-SEP) + 292.20 Level 6 = OPEN PRICE (25-SEP) + 97.25 DISCLAIMER: This idea is only for educational purpose. NOTE: High probability of reversal may be expected around the levels plotted with yellow lines.
NSE:BANKNIFTY
by pbghosh
25 Sep ’23 Post Mortem on BankNifty - bear below 45399BankNifty Analysis The real reason Nifty50 went sharply up from 11.00 to 13.30 was due to banknifty. In the same period BN added 534pts ~ 1.20%. The spikes in most banks did not have a natural rhythm to it. Most likely this may be due to some news event. I was not able to find any relevant trigger post market hours also. The chart patterns were similar on ICICI, AXIS and SBIN whereas HDFCBK went in the opposite direction. KOTAK was immensely strong today. If you look at the 1hr chart it still shows weakness - the hourly candle at 13.15 is a strong evidence for that. Even though we had 2 good green candles prior to that - the bears managed to drive down the price @ 13.15. 14.15 the bulls managed to drive the prices back up, but did not get full strength. My first target of 44451 was hit - but it was not enough to build up momentum. As long as BN stays below 45399 I wish to maintain the bearish call. This is in spite of the day ending with a gain of 154pts. I would prefer to change my status to neutral only if we have a range bound trade tomorrow also.
NSE:BANKNIFTYShort
by viswaram
BankNifty Trade Setup for 25-09-2023BankNifty important levels to watch are as follows #Support: 44550 Sell below: 44550 only on 15 minute candle closure below the level. Target 1: 44400 Target 2: 44200 #Resistance: 44675 Buy Above: 44675 only on 15 minute candle closure Above the level. Target 1: 44800 Target 2: 44950 #Remember each level will act as a support and resistance individually so there is a probability of reversal on either side. Please do your own research before initiating any trade. Always keep stoploss in order to protect your capital. Follow us for more such information and educational ideas. Give it a like if you appreciate the idea. Queries will be answered in comment section. #If you are Unable to trade properly and dissatisfied with your manual trading results due to busy schedule or "Fear & Greed" emotions Algorithmic trading can be the most useful solution kindly follow us and join us using details mentioned below the idea. #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
#September25 Levels and direction for #Banknifty"Good morning, friends! As of September 25th, global market sentiment is negative, primarily due to the performance of the Dow Jones. The market trend is bearish, and it may open with a slight gap-down. Additionally, there is a sub-wave 5 forming. So, after the gap-down, if the initial market experiences a sharp pullback around the immediate support zone, then we can anticipate a pullback of 38 to 78%. On the other hand, if it consolidates or breaks that support, then the correction will likely continue. However, if the market opens with a gap-up and sustains it, then we can expect a pullback continuation. There is also a regular flat variation, with its minimum target being 44,903, and if it breaks that level, we can expect 45,054."
NSE:BANKNIFTY
by Manickamtraders
4
BANKNIFTY Weekly Outlook | Intraday Trade Setup For 24 Sep 2023BANKNIFTY Intraday Trade Setup For 24 Sep 2023 Bullish-Above 44790 Invalid-Below 44680 T- 45050 45385 Bearish-Below 44540 Invalid-Above 44650 T- 44270 44000 BANKNIFTY has closed on a complete bearish note last week with 3.5% cut. It has formed a double top structure in daily TF although breakout of the neckline (43600) will be the validation. Currently it is near 0.618 in daily TF so 44500 zone is going to be a base from where it can give retracement of the fall from 46310, while 45k is the reversal point. After a pullback if it breaks the low created say near 44500 zone we can plan a positional short. As of now it can go sideways after a parabolic move. Coming to Monday's trade setup, if index opens flat and a 15 min candle closes above 44790 post rejection then we will buy. T- 45050 and 43385. For selling we need a 15 Min candle close below 44540. T- 44270 and 44000. 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 Trade Setup for 22-09-2023BankNifty important levels to watch are as follows #Support: 44600 Sell below: 44600 only on 15 minute candle closure below the level. Target 1: 44410-44400 Target 2: 44220-44200 #Resistance: 44720 Buy Above: 44720 only on 15 minute candle closure Above the level. Target 1: 44850 Target 2: 45040 #Remember each level will act as a support and resistance individually so there is a probability of reversal on either side. Please do your own research before initiating any trade. Always keep stoploss in order to protect your capital. Follow us for more such information and educational ideas. Give it a like if you appreciate the idea. Queries will be answered in comment section. #If you are Unable to trade properly and dissatisfied with your manual trading results due to busy schedule or "Fear & Greed" emotions Algorithmic trading can be the most useful solution kindly follow us and join us using details mentioned below the idea. #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
More weakness ahead in Bank Nifty | Intraday levels 22/Sep/23Good Morning Traders. Guy's Banknifty fell 761 points in yesterday's session. It plunges almost 1.7% in just intraday and end at 44624 and formed a long bearish candlestick pattern on the daily time frame. Banknifty fell down below 45000 mark for the first time in several days. Relative strength index signalled bearishness with a bearish crossover on the daily timeframe. In the short term, the index can move towards 44000 at the lower end, while encountering resistance at 45000 at the higher end. Global cues are also showing huge bearishness inmarket let's see how our market going to behave. Important levels for banknifty: Strong support zone 44000 Strong Resistance zone 45000 Buy above 44764, if levels sustains at least for 30 Mints. Targets we can see in upside 44924/45124 Stop loss will be 44610 Sale below 44370, if levels sustains at least for 30 mints. Targets we can see in downside 44218/44000 Keep stop loss at 44610 Note:- 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:BANKNIFTY
by TraderRahulPal
#banknifty"Good morning! As of September 21st, there is no significant difference compared to the last session. Global market sentiment is negative, primarily due to the performance of the Dow Jones. The market trend is bearish, and it may open with a significant gap. If the initial market experiences a sharp pullback around the immediate support zone, then we can anticipate a maximum Fibonacci pullback of 23% to 38%. On the other hand, if it breaks or consolidates around the immediate support zone, we can expect a continuation of the correction with minor consolidation."
NSE:BANKNIFTY
by Manickamtraders
BANKNIFTY Intraday Trade Setup For 22 Sep 2023BANKNIFTY Intraday Trade Setup For 22 Sep 2023 Sell_1-From 45040 Invalid-Above 45150 T- 44800 Sell_2- Below 44590 Invalid-Above 44700 T- 44345 44100 BANKNIFTY has closed on a bearish note once again with 1.68% cut today. Once again it opened with slight gap down and tested our sell level. It just crashed after that and all targets were achieved (45270- 44593). Also since it opened with slight gap down so 10 o'clock range was to be used. Range broke downside below 45098 and last swing high was near 45120. With 100 points risk it gave almost 400 points gain. Tomorrow in case of a gap up opening 45040 will be place to short. After a fall near 44800 if it breaks 45050 then it will fill the gap and that will be bullish trade plan. Coming to Friday's trade setup, if index opens flat and a 15 Min candle closes below 44590 then we will short for the target of 44345 and 44100. 2nd sell will be from 45040 on a gap up opening. T- 44800. 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
Expiry Special Analysis on Bank Nifty || Hero Zero Trade Good Morning Everyone. Banknifty Declined 252 points on last trading session due to profit booking in last hour and given closing at 45980, and formed a bearish candlestick pattern with a minor upper shadow on the daily timeframe. Today Global market looking mix to bearish side. We can also see kind of similar market in today's session. if bank nifty hold 45800-45750 levels in today's session, then we good to go towards all time in next few trading session, otherwise we can see nifty 45500 levels. According to me we can see buying somewhere support zone 45800. Let's see what is going to happen, we will just according to price action and OI data. Important levels for Banknifty:- Support zone 45750-45800 Strong support zone 45500 Resistance zone 46100-46200 Strong Resistance zone 46400 Buy above 46130, if levels sustains at least for 15 mints. Targets we can see in upside 46251/46393+ keep stop loss at 45800 Sale below 45800, if levels sustains at least for 15 mints. Targets we can see in downside 45691/45519 Keep stop loss at 46130 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:BANKNIFTY
by TraderRahulPal
#Banknifty"Good morning! As of September 21st, global market sentiment is negative, primarily due to the performance of the Dow Jones. The market trend is bearish, and it may open with a significant gap. We don't know where it will open, but the sentiment remains the same. If the initial market experiences a sharp pullback around the immediate support zone, then we can expect a maximum of 23% to 38% Fibonacci pullback. On the other hand, if it breaks the immediate support zone, we can anticipate a continuation of the correction with minor consolidation."
NSE:BANKNIFTY
by Manickamtraders
20 Sep ’23 Post Mortem on BankNifty - 45220 has to be taken out BankNifty Weekly Analysis Between the last expiry and today, banknifty has fallen only 0.98% ~ 451pts. Today’s fall was much higher than that ~ 595pts. Most importantly we had a top like formation that got completed this week. And since Banks turn first - we can always consider it as a leading indicator during trend reversals. BankNifty Today Analysis The opening 5mts candle low and the final candle wick high is at the same level. I was trading banknifty more today since it was expiry and the jumps in OTM premiums were more than unusual. Only CALL options had a jump in premiums, PUT options premium did not swing that much. Even though we had a down day, a fall of 595pts is not at all that severe. If its a dress rehearsal for the events to come - then I totally agree. A look at the PE prices today told me the market participants are not that fearful - if yes we should have seen huge premium spikes. The 1hr chart is quite interesting. The gap down has created an island day right in between 45220 and 45831. For further downward move we need that support to be taken out in tomorrow’s morning session. I wish to go with a bearish stance and change it to neutral only if banknifty is unable to breach 45220 tomorrow. Also if 45220 is taken out - then 44906 support level will be in play and I assume an avalanche can start.
NSE:BANKNIFTYShort
by viswaram
BANKNIFTY Intraday Trade Setup For 21 Sep 2023BANKNIFTY Intraday Trade Setup For 21 Sep 2023 Bullish-Above 45470 Invalid-Below 45360 T- 45650 45820 Bearish-Below 45270 Invalid-Above 45380 T- 45025 44780 BANKNIFTY has closed on a bearish sentiment with 1.29% cut today. It opened with a big gap down and 10 o'clock range was to be used as per trade setup. Range broke downside below 45454 and last swing high was near 45550. With 100 points risk it gave more than 170 points gain till 45277. Tomorrow there is a high chance of recovery as it at hourly support zone. In case it opens flat or below 45460 on break of 45470 in 15 Min TF we can trade the bounce in hourly TF. 44800 and 45820 are important support and resistance respectively. Coming to Thursday's trade setup, if index opens flat and a 15 min candle closes above 45470 then we will long for the target of 45650 and 45820. For selling we need a 15 min candle close below 45270. T- 45025 and 44780. 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
2
#Banknifty"Good morning! As of September 20th, global market sentiment is slightly negative, primarily due to the performance of the Dow Jones. The market trend is moderately bearish; it may open with a slight negative gap. After that, if it breaks the immediate support zone, we can expect a continuation of the correction. On the other hand, if the initial market experiences a sharp pullback, it will transition into a range market, leading to a continuation of the rally."
NSE:BANKNIFTY
by Manickamtraders
4