Today BankNifty shown strength, taken bounce from near our sell level and we saw a good up-move in 2nd half. Tomorrow, if BankNifty sustains above 47200, we expect to see the targets towards 47320 and upper levels on buying side. In case BankNifty sustains below today's low at 46880, we expect to see fast selling towards 46770 and below targets on the selling...
BankNifty has formed bearish pattern yesterday on daily time and today we got the closing below yesterday's low. Tomorrow, if BN sustains below the physiological level of 47000 it can further slide upto 46850 and below levels. Expectations: Volatile Day Intraday Levels: Buy Above - Multiple resistances, will look for sell on rise if opens with gap-up. Sell Below...
BankNifty Analysis Banknifty disappointed a bit today. After a shaky start just like Nifty, we hit a new ATH by 10.23 - 47588. From there we cooled off a little bit and then closed flat. From the last post-mortem we hoped that it would be a day of out performance today and sadly the price action today did not live up to that expectation. 4mts chart link - click...
Bank Nifty Will 46652-46672 be a hurdle for the Bank Nifty for this week, or it will cross that or it will be down from the current or some above levels..... Lets see.... Keep Leaning with NG
BankNifty Analysis The real reason for the outperformance on Nifty50 = BankNifty today. In the last newsletter, we discussed how relevant BankNifty’s next move would turn out to be. Would you believe we took out the ATH today and the new value is 46484.45? 5mts chart link - click here BankNifty went on to take out the 45399 resistance in the gap-up open...
BankNifty Today Analysis From yesterday’s analysis, I was long into BankNifty and was quite surprised to see the breach of support level 44542 by 09.45. The candle that crossed this SR line took out 154pts, luckily no damage was done and we found a safety net at 44280 levels. 5mts chart link - click here I have not fully subscribed to the idea that the opening...
BankNifty Analysis BankNifty was perfectly neutral in trade today. I had a bearish call from yesterday but seeing the moves today it makes sense to switch back to the neutral mode. One reason why its not picking up direction would be attributed to the unavailability of information on the recent announcement by RBI. When the risk weights of consumer loans and...
The FASP for BankNifty is listed for 01-11-2023. 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 has closed more than 1% lower on the daily charts but it took support around the major support levls of 43800. The market remained in a first hour candle and has closed below both the moving averages on the hourly chart. There are chance of a trending market as there is weekly expiry of another finance index. For last 2 weeks there were no trend...
BankNifty is under performing Nifty from last a few trading sessions but if sustains above 44300 we expect to see some up move and more strength above 44400 can be seen. Expectations: Volatile Day Intraday Levels: Buy Above - 44300 Sell Below - 44100 To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
Expectations: Volatile Day Intraday Levels: Buy Above - 44050 Sell Below - 43850 To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
NiftyBank Expiry Trade setup 24th Aug 2023 Looking for profitable Options trading opportunities for the week of 24th Aug-25th In this Blog I'll be sharing the option buying and selling levels for Banknifty for the week 24th Aug 2023,Learn how to make informed decisions and maximize your returns in the stock market. Don't miss out on this valuable trading insight!...
Banknifty opened gap up and retested the trendline. The market has closed 150 points higher and remained in a upmove during the first half of the trading session. It has formed a perfect doji on the daily charts but is still not showing some conviction of holding higher levels. On the hourly charts, market gave a nice upmove and took resistance around 44100...
Banknifty today was too volatile and closed almost flat to negative losing 42 points. It has been trading below the 20 ema and today also it closed below the levels while nifty has closed above its 20 ema. Both the indices were range bound and traded in opposite direction. Even after a gap up opening banknifty couldn't keep the gain. On the hourly charts, dojis...
Sell BankNifty below 45850 for the marked targets on the chart. To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
Expectations: Volatile Day Intraday Levels: Buy Above - 45560 Sell Below - 45390 To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
Expectations: Volatile Day Intraday Levels: Buy Above - 44920 Sell Below - 44580 To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
Expectations: Volatile Day Intraday Levels: Buy Above - 45050 Sell Below - 44700 To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team