NSE:BANKNIFTY held out to a perfect trend continuation from yesterday. If we notice closely the pull backs were not strong enough to break the momentum. I sincerely thought we will have a reversal or a bearish day today and had taken PE debit spreads to capitalize. If we analyze today's pattern closely NSE:BANKNIFTY took some time to take out the 41455...
BANKNIFTY Intraday Trade Setup For 13 Apr 2023 Buy-Above 41615 Sl-41505 T- 41730 41850 Sell-Below 41465 Sl-41575 T- 41300 41115 BANKNIFTY has closed once again on a positive note with almost 0.5% gain. The long trade which we took from 39710 (trade shared on 20 Mar Trade Setup). It is in a profit of almost 1900 points. Our TSL as said is the PDL (CB) or the...
NSE:BANKNIFTY hello people, The BankNifty index is currently facing resistance in the 41250 -41350 zone, which suggests that we may see a minor dip around that area. Buying in a current market price will be risky and We can wait for price to pullback or consolidate a bit.
"Trading day, April 12th: The global market indicates a neutral start with a bullish sentiment. If the initial market takes a sharp pullback, we can expect a rally continuation. and if the pullback takes place slowly and consolidates, that's a sign of distribution, and we can expect a correction when it rejects the major resistance zone. On the other hand, if the...
Hello Traders, Welcome to SriTrader5121 ____________________________________ BankNifty-12/04/2023-Levels IMPORTENT ZONE FOR THE DAY : 41230 - 41244 Possibilities of Today market open... Possibility 1: FLAT If market open as a GAP-UP and moves to UP-Side then BUY with the Support of PDH and SELL with the Rejection of PDH. (or) If market open as a GAP-UP...
The Banknifty index has been demonstrating an upward trend on a daily basis, although at Damis Investments, we anticipate a potential short-term decline. This is attributed to the fact that the current momentum appears to be primarily driven by news rather than sound market fundamentals. As a means of substantiating our bearish stance, we would like to present you...
Banknifty has given a nice up move even after the gap up opening and has closed above the trendline. The market has given a break out and the index has closed 500+ points forming a dragon fly doji. The market has consolidated and moved nicely in the second half of the trading session. On the hourly time frame, the first candle showed some positivity and after it...
NSE:BANKNIFTY Flip zone: : This zone is such a zone which will work as resistance if price is below it. And it will work as support if price is trading above it. Resistance zone: This zone will mainly work as resistance. Once price sustain above it then it is considered as breakout. Support zone: This zone will mainly work as support. Once price sustain...
BANKNIFTY Intraday Trade Setup For 12 Apr 2023 Buy-Above 41405 Sl-41300 T-41550 41700 Sell-Below 41230 Sl-41330 T-41075 40930 BANKNIFTY has closed on a bullish note with 1.3% gain. Today it opened with a big gap up and sustained that. 10 o'clock range broke upside above 41287 and gave around 100 points gain. Overall it was complete sideways post 10 AM. Nifty...
"Trading day, April 11th: The global market indicates a neutral to slightly positive start, with the market nature being moderately bullish. If the initial market breaks yesterday's high, we can expect a rally continuation. On the other hand, if the initial market declines sharply, structurally, we can expect a long correction."
Hello Traders, Welcome to SriTrader5121 ____________________________________ BankNifty-11/04/2023-Levels IMPORTENT ZONE FOR THE DAY : 40869 - 40885 Possibilities of Today market open... Possibility 1: FLAT If market open as a FLAT and moves to UP - SIDE then BUY with the Support of IMP and SELL with the Rejection of IMP. (or) If market open as a FLAT...
BankNifty Trading Levels For Tomorrow’s Trading Session Resistance 41250-41300 Towards Target of 41500 With SL of 41200 Support 40750-40700 Towards Target of 40550 With SL of 40750
The FASP for BankNifty is listed for 11-04-2023. 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 11 Apr 2023 Buy-Above 40871 Sl-40760 T-41070 41270+ Sell-Below 40725 Sl-40835 T- 40530 40345 BANKNIFTY has closed on a slight bearish sentiment with 0.5% cut. Sell triggered as per trade setup and 1:1 and then it reversed which ended with NPNL . Later in the 2nd half sell triggered once again and 200+ points gain (1:2). After...
Expectations: Volatile day Intraday Levels: Buy Above - 41300 Sell Below - 40930 To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
Hello Traders, Welcome to SriTrader5121 ____________________________________ BankNifty-10/04/2023-Levels IMPORTENT ZONE FOR THE DAY : 40942 - 40973 Possibilities of Today market open... Possibility 1: FLAT If market open as a FLAT and moves to UP - SIDE then BUY with the Support of R and SELL with the Rejection of R. (or) If market open as a FLAT and...
BANKNIFTY Intraday Trade Setup For 10 Apr 2023 Buy-Above 41110 Sl- 41000 T- 41270 41500+ Sell-Below 40940 Sl-41050 T- 40755 40580 BANKNIFTY closed on a positive note with more than 1% last week. It hit our projected target in long side which was triggered @ 39710 for the target of 41250-41350 which was the gap area. This trade was shared on 20 Mar trade setup....
NiftyBank Futures Key Trading Levels for 10th March 2023 Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be...