BANKNIFTY IMPORTANT LEVELS FOR A WEEK, 5TH AUGUST NSE:BANKNIFTY ANALYSIS FOR A WEEK 🔺
❇️ IMPORTANT LEVELS 🚀
❇️ Support: 51200-50960-50720-50620-50480-50300-50120
❇️ Resistance : 51400-51630-51800-52414
👉🏻 Purple line is a key level, above buying, Below selling.
👉🏻 Expecting A FALL from here.. due to world war 3 news and actions. Not predicting CRASH.
👉🏻 @thetradeforecast 🇮🇳
Bankniftylevel
[INTRADAY] #BANKNIFTY PE & CE Levels(11/07/2024) Today will be gap up opening in BANKNIFTY. After opening if banknifty sustain above 52050 level then possible upside rally of 400-500 points upto 52550 level & this rally can extend another 400 points if market gives breakout 52550 level in todays session. Any Major downside only expected in case banknifty starts trading below 51950 level.also possible reversal downside 52450 level.
[INTRADAY] #BANKNIFTY PE & CE Levels(11/06/2024) Today will be gap up opening in BANKNIFTY. After opening if banknifty sustain above 49550 level then possible upside rally of 400-500 points upto 49950 level & this rally can extend another 400 points if market gives breakout 50050 level in todays session. Any Major downside only expected in case banknifty starts trading below 49450 level. also possible reversal downside 49950 level.
BANKNIFTY Intraday Intraday Trade Setup For 9 Mar 2022BANKNIFTY Intraday Intraday Trade Setup For 9 Mar 2022
Buy-Above 33300
Sl-33200
T-33500 33700 34000
Sell-Below 32990
Sl-33100
T-32800 32500 32200
BANKNIFTY has made a big bullish candle in daily TF. This is after many days that index has closed at day high. Some profit booking is taking place plus some buyers are getting in. We planned to short below 32350 and buy above 33000. Both triggered and both gave profit of more than 200 points both the sides.
Index made a perfect double bottom and reversed. All updates shared.
Coming to tomorrow's trade setup, if index opens flat and crosses Tuesday's high then we will build our long for the target of 33500 and 34000. 1st move is above Tuesday high and 2nd move is above Monday's high.
For selling a aggressive scalp sell trade can be done below 32990 for the target of 32800 if it goes in flow then hold till 32500. Below 32500 index may give another momentum till 32200 and 32000.
Volatility is high trade carefully. In case of any big gap up/down, follow 10 o'clock range and use live data to build any trade.
Banknifty Prediction Intraday Levels Analysis 27 SeptHello Traders,
Following are my analysis:
More chances of Gap Down Opening.
Resistance Level :
1. Good Resistance Zone at 38200-300
2. Strongest Resistance at 38000.
3. Good Resistance at 37900.
4. Strong Resistance at 38200.
Support Level :
1. 37700 is Good Support Level .
2. 37000 is the Strongest Support Level .
3. 37500 is Strong Support Level .
Sideways market: 37700-900 .. if market opens flat
This is not Buy and Sell recommendation to any one.
This is for education purpose and a helping hand to learn trading in Market.
I hope you all like my analysis.
Please do share your thoughts into comment section.
Please give a like, it motivates me to do analysis and do share with your friends as well.
BankNifty 14/05/2021Hope you all are fit and fine ... Stay Safe and Trade safe...!
BankNifty to Open Gap Down ...!
Resistance Level :
1. 32600 to 32700 is Strong level of Resistance, of which 32700 is strong level.
2. 33000 is other strongest Resistance level.
Support Level :
1. 32300 to 32400 next Support level .
2. If there is huge Gap Down and 32400 to 32300 level is broken then, 32000 is Strong Support level below.
Sideways Possibility :
Less chance odf sideways market.
Trend Line:
Buy Above trend line at 32400.
Sell below trend line at 32300.
Note : Don't take a trade for first 15 min, let the market make the move and then trade. For Scalpers no suggestion.
Imp Note : On daily timeframe, BnkNifty is forming Head and Shoulder Pattern.. of which the Left Shoulder, Head is already formed and Right Shoulder with downtrend is forming. Please keep this in mind.
I hope you all like my analysis.
Please do share your thoughts into comment section.
Please give a like, it motivates me to do analysis and do share with your friends as well.
BANKNIFTY CHART ANALYSED FOR 1 APRIL (expiry special levels)Did exactly what we’ve discussed yesterday
~ breached 33600 and made a low of 33200 within 30 minutes of market opening 🔥
More than 400++ fall seen right from our levels ✅
And that take to some crucial levels i.e the level 33600 which previously acted as a SUPPORT will act as a strong RESISTANCE and new SUPPORT made is 33200
One must keep in mind that 33200 level has been tested many times making it weak and much vulnerable, also the market being sideways past few days may and also a dull expiry last week might make this expiry an interesting one
So we can wait for 33200 to be broken with proper candle close to confirm the further downfall 🙏🏼