if banknifty breaks the trendline rejection possibility of reaching 447111 today. wait for first 5 mins candle before jumping into trade. Buy above 44188, Target 44299, 44444,44577 sell below 43833 target 43737,43377
Good morning! As of June 5th, structurally, there have been no significant changes. The global market indicates a positive start with bearish market sentiment. It might open with a gap-up. If it sustains, we can expect consolidation for pullback continuation. Alternatively, if it declines initially or rejects around a major key zone, we can expect the market to...
The FASP for BankNifty is listed for 05-06-2023. 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...
BANKNIFTY Intraday Trade Setup For 05 June 2023 Buy-Above 44090 Sl- 43985 T- 44305 44515 Sell-Below 43840 Sl-43945 T- 43680 43475 BANKNIFTY has closed on a slight bearish note last week, after a fresh ATH which we were targeting since long time. In hourly TF we are currently inside the parallel channel/ rising wedge pattern. We tested the the lower trendline...
Banknifty is sustaining at the higher levels and created a new ATH of 44500, Though on the weekly charts, a red candle is formed still the markets are around 44000. Markets have been taking support around 43500 previously and can test the same levels in coming week. The market has been testing 20 ema on the weekly time frame as a support and 20 ema as resistance...
As per price action Bank Nifty may give big move on monday session, here is the levels, wait for first 15 mins to make your decision for trade, follow price action and keep an eye on levels, this is only my personal opinion only for educational purpose
BankNifty Trading Levels For Tomorrow’s Trading Session Resistance 44050-44100 Towards Target of 44300 With SL of 44000 Support 43750-43700 Towards Target of 43500 With SL 43800
"Good morning! As of June 2nd, the global market indicates a positive start with bearish market sentiment. It might open with a gap-up. After that, if it sustains, we can expect consolidation for pullback continuation. On the other hand, if it declines initially or rejects around a major key zone, we can expect the market to correct within a range."
Today will be gap up opening in BANKNIFTY . After opening if banknifty sustain above 44050 level then possible upside rally of 400-500 points upto 44450 Level.Any Major downside only expected in case banknifty starts trading below 43950 level to 43550 level. here reversal upside possible 43550 level.
banknifty broken it's long time support and trading below 200 moving avergage in 15 minutes time frame. Banknifty has strong support at 43500 level. sell below 43755 target 43661, 43559,43462,43263 buy above 44023 target 44094,44279,44469
The FASP for BankNifty is listed for 02-06-2023. 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...
BANKNIFTY Intraday Trade Setup For 02 Jun 2023 Buy-Above 44000 Sl-39895 T- 44265 44515 Sell-Below 43700 Sl-43805 T- 43500 43295 BANKNIFTY has once again closed on a bearish note with 0.77% cut. Today it opened flat and traded between last day's range for the whole day. Only in the last 15 Min the range low was tested. Below today's low there will a rising...
Yesterday's level worked out dot to dot for today's price action. No new level as such is needed, as small pull back is healthy after BN closing above ATH. Tomorrow can be a trending day, if not tomorrow then we can see the same trending day on Monday so again buy on dips would be a good idea, however intraday move can be subjective to live price action
Banknifty is ready to long above 44149 on 15 minute candle closure. targets for scalping are marked in red line. ultimate target of banknifty can be 44400 once it sustained above 44200 with the confirmation of 15 minute candle. as this is expiry trade wisely. take entry only on trigger. keep trailing your stoploss. scalping can be helpful.
BankNifty Trading Levels For Tomorrow’s Trading Session Resistance 44150-44200 Towards Target of 44400 With SL of 44100 Support 43650-43600 Towards Target of 43400 With SL 43700
Bank Nifty is on support level so may be Bank Nifty will take a dip and go upside. this is my personal view , this is only for educational purpose
A bearish candle has been formed on the daily charts in banknifty and has closed below the low of previous day. On the hourly chart, the market consolidated in the first half and remained in a narrow range of 150-60 points. Banknifty constantly took resistance from the 20 ema and gave a nice bearish movement in the second half of the trading session. Markets...
"Good morning! As of June 1st, the global market indicates a negative start with moderately bearish market sentiment. There may be a gap-down start initially. After that, if it takes a pullback around the Fib level of 61%, we can expect the range market to continue pulling back. On the other hand, if it breaks a major key zone(43917), that is a sign of correction...