Expectations: Volatile day Intraday Levels: Buy Above - 43340 Sell Below - 43140 To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
The index is trading in a wider range from 42500 to 43700, breaking out of this range can give directional move in NSE:BANKNIFTY I have mentioned how price can behave near future.
Buying may trigger near 43100.. keep the level in watch...
white lines are the pivot zones. Upside targets are the green lines and downside targets are the red lines. if price sustains below 42877 for 30mins or so , expect gap filling.
Levels for 10th may. View is bullish above 43000,............. Levels are looking very clear and till the time index trading above 43000 its a buy on dips
BANKNIFTY Intraday Trade Setup For 10 May 2023 Buy-Above 43350 Sl-43245 T- 43555 43775 Sell-Below 43120 Sl-43225 T- 42937 42759 BANKNIFTY has closed on a slight bearish sentiment with 0.2% cut. Today buy triggered as per trades setup above 43420 and gave more than 110 points gain which was 1:1. Later profit booking took place from day high. After an impulse...
Bank nifty is running in range bound and it could give breakout in either direction. Buy above 43421 Target 43558,43689,43800 Sell below 43165 Target43039, 42913,42676,42525
Expectations: Volatile day Intraday Levels: Buy Above - 42810 Sell Below - 42640 To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
"Good morning. As of May 9th, the global market has shown a slightly neutral to negative start, but the market is currently moderately bullish in nature. We may see a small gap-down at the start; after that, if there is a sharp pullback, the rally will continue. On the other hand, if the gap-down sustains, we could expect a minor correction with a three-wave...
Indian market followed the global markets and has given a nice upside move after a 1000 points loss, Banknifty has given a 600 points recovery forming an inside candle on the daily time frame. Though, the market looks bullish, still banknifty is trading in a resistance zone and the previous fake out if strong will also act as a resistance. Markets opened gap up...
BANKNIFTY Intraday Trade Setup For 09 May 2023 Buy-Above 43420 Sl-43315 T- 43638 43858 Sell-Below 43195 Sl-43300 T- 42989 42780 BANKNIFTY has closed on a bullish sentiment with almost 1.5% gain today. Last day index closed below PDL and today it failed to hit our TSL in long as that candle's low was safe and eventually it rallied. Last day a pullback was...
watch out for HDFC and HDFC Bank Buy above 43029 Target 43134,43228,43307 Sell below 42622 Target 42460, 42322
"Good morning. As of May 8th, the global market has shown a slightly neutral to positive start, but the market nature is bearish. We may see a small gap-up at the start, and if it sustains, we could expect a minor pullback. If it reaches the key zone, we can expect correction continuation. Alternatively, if it sustains around the key zone, that's a sign of a range...
Today will be gap up opening in BANKNIFTY . After opening if banknifty sustain above 42550 level then possible upside rally of 400-500 points upto 42950 Level. And this rally can extend for another 400 points if it gives breakout of 43050 level. Any Major downside only expected in case banknifty starts trading below 42450 level.
BANKNIFTY Intraday Trade Setup For 8 May 2023 Sell_1- Below 42580 Sl-42685 T- 42240 41958 Sell_2- From 43335 Sl-43440 T- 43085 42840 BANKNIFTY has closed on bearish sentiment last day and week with 2.34% and 1.32% cut respectively. After 5 weeks of mega rally it closed on a bearish sentiment and is likely to give small pullback below currents week's low . This...
Indian markets has been trading in green since last 2 months. The financial sector has outperformed as the Nifty finance is trading above 19k and Banknifty around 43k levels. Market has outstretched, finally some profit booking is coming. Banknifty has given a bearish candle on the weekly time frame as well as on the daily charts. Banknifty can retest the...
Buy above 43500 Target 43597,43689 Sell below 43477 Target 43419, 43307 if banknifty breaks 43500 level there could be sharp sell off possible and today can be range bound as yesterday was fast move.
The FASP for BankNifty is listed for 08-05-2023. 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...