BankNifty levels - Jul 31, 2024Utilizing the support and resistance levels of BankNifty, along with the 5-minute timeframe candlesticks and VWAP, can enhance the precision of trade entries and exits on or near these levels. It is crucial to recognize that these levels are not static, and they undergo alterations as market dynamics evolve.
The dashed lines on the chart indicate the reaction levels, serving as additional points of significance. Furthermore, take note of the response at the levels of the High, Low, and Close values from the day prior.
We trust that this information proves valuable to you.
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Bankniftylevels
[INTRADAY] #BANKNIFTY PE & CE Levels(30/07/2024) Today will be gap down opening in BANKNIFTY. After opening if banknifty start trading below 51450 level then possible downside rally of 400-500 points upto 51050 Level & this rally can can extend another 400 points if market gives breakdown 50950 level in todays session.Any Major upside only expected in case banknifty starts trading above 51550 level.
BankNifty levels - Jul 30, 2024Utilizing the support and resistance levels of BankNifty, along with the 5-minute timeframe candlesticks and VWAP, can enhance the precision of trade entries and exits on or near these levels. It is crucial to recognize that these levels are not static, and they undergo alterations as market dynamics evolve.
The dashed lines on the chart indicate the reaction levels, serving as additional points of significance. Furthermore, take note of the response at the levels of the High, Low, and Close values from the day prior.
We trust that this information proves valuable to you.
* If you found the idea appealing, kindly tap the Boost icon located at the bottom right. We encourage you to share your thoughts and comments regarding it.
Wishing you successful trading endeavors!
[INTRADAY] #BANKNIFTY PE & CE Levels(29/07/2024) Today will be gap up opening in BANKNIFTY. After opening if banknifty sustain above 51550 level then possible upside rally of 400-500 points upto 51950 level & this rally can extend another 400 points if market gives breakout 52050 level in todays session. Any Major downside only expected in case banknifty starts trading below 51450 level.
#BANKON RECOVERY 29/07/2024NIFTY BANKNIFTY has its recovery rally now its probability of achieving the target means trying to touch its all-time high and it should be showing 500 600 + points on the move and creating a new all-time high but if it crosses level 52500 then it will happen so not be bothered to trade and go ahead to clear the losses and stand on profit
L E V E L S:-
SUPPORT-51000
RESISTANCE-51150, 51500
Bank Nifty for the week starting 29th july 2024.Bank Nifty on daily chart is Bearish. But on One hour chart it looks bullish. The last candle on formed on one hour chart being a Doji, we have to be very careful . Resistance is around 52000 to 52100 and if it breaks the support of 50940 then it will become bearish.
Ramakrishnan
I am not a SEBI Registered Analyst.
BankNifty levels - Jul 29, 2024Utilizing the support and resistance levels of BankNifty, along with the 5-minute timeframe candlesticks and VWAP, can enhance the precision of trade entries and exits on or near these levels. It is crucial to recognize that these levels are not static, and they undergo alterations as market dynamics evolve.
The dashed lines on the chart indicate the reaction levels, serving as additional points of significance. Furthermore, take note of the response at the levels of the High, Low, and Close values from the day prior.
We trust that this information proves valuable to you.
* If you found the idea appealing, kindly tap the Boost icon located at the bottom right. We encourage you to share your thoughts and comments regarding it.
Wishing you successful trading endeavors!
#NIFTY Intraday Support and Resistance Levels -26/07/2024Nifty will be gap up opening in today's session. After opening nifty sustain above 24440 level and then possible upside rally up to 24560 level in today's session. in case nifty trades below 24390 level then the downside target can go up to the 24270 level.
[INTRADAY] #BANKNIFTY PE & CE Levels(26/07/2024) Today will be gap up opening in BANKNIFTY. After opening if banknifty sustain above 51050 level then possible upside rally of 400-500 points upto 51450 level in todays session. Any Major downside only expected in case banknifty starts trading below 50950 level.
BankNifty levels - Jul 26, 2024Utilizing the support and resistance levels of BankNifty, along with the 5-minute timeframe candlesticks and VWAP, can enhance the precision of trade entries and exits on or near these levels. It is crucial to recognize that these levels are not static, and they undergo alterations as market dynamics evolve.
The dashed lines on the chart indicate the reaction levels, serving as additional points of significance. Furthermore, take note of the response at the levels of the High, Low, and Close values from the day prior.
We trust that this information proves valuable to you.
* If you found the idea appealing, kindly tap the Boost icon located at the bottom right. We encourage you to share your thoughts and comments regarding it.
Wishing you successful trading endeavors!
BANKNIFTY MATHEMATICAL LEVELS FOR EXPIRYThese Levels are based on purely mathematical calculations.
Validity of levels are upto expiry of current week.
How to use these levels :-
* Mark these levels on your chart.
* Safe players Can use 15 min Time Frame
* Risky Traders Can use 5 min. Time Frame
* When Candle give Breakout / Breakdown to any level we have to enter with High/Low of that breaking candle.
* Targets will be another level marked on chart
* Stop Loss will be Low/High of that Breaking Candle.
* Trail your SL with every candle.
* Avoid Big Candles as SL will be high then.
* This is one of the Best Risk Reward Setup.
For Educational purpose only [/ b]
BankNifty levels - Jul 25, 2024Utilizing the support and resistance levels of BankNifty, along with the 5-minute timeframe candlesticks and VWAP, can enhance the precision of trade entries and exits on or near these levels. It is crucial to recognize that these levels are not static, and they undergo alterations as market dynamics evolve.
The dashed lines on the chart indicate the reaction levels, serving as additional points of significance. Furthermore, take note of the response at the levels of the High, Low, and Close values from the day prior.
We trust that this information proves valuable to you.
* If you found the idea appealing, kindly tap the Boost icon located at the bottom right. We encourage you to share your thoughts and comments regarding it.
Wishing you successful trading endeavors!
[INTRADAY] #BANKNIFTY PE & CE Levels(24/07/2024) Today will be gap down opening in BANKNIFTY. After opening if banknifty start trading below 51950 level then possible downside rally of 400-500 points upto 51550 Level & this rally can can extend another 400 points if market gives breakdown 51450 level in todays session.Any Major upside only expected in case banknifty starts trading above 52050 level.also possible reversal upside 51550 level.
#BUDGET2024 POV ON BANKNIFTY RECOVERY 24/07/2024BANKNIFTY Today will be opening with GUP-UP as I told if the market shows some unsustainability or opens with the GUP-UP market going downside. let's forget to get this talk the main point is that after the BUDGET2024 was published we had some short moves in the downside direction usually I tell you to take the trade with some patience but now today's market I think there is a trap for retail buyers by FII/DII the big players making short whereas retailers have bullish POV. After the recovery have a chance of some sort of sideways but if the market shows some interest in the Indian market credibility there a chance the market not be crash or any type of correction. But we can see some short directions because of some BIGPLAYERS interruptions (FII/DII).
L E V E L S:-
SUPPORT:-51300 51000
RESISTANCE:-52500
BankNifty levels - Jul 24, 2024Utilizing the support and resistance levels of BankNifty, along with the 5-minute timeframe candlesticks and VWAP, can enhance the precision of trade entries and exits on or near these levels. It is crucial to recognize that these levels are not static, and they undergo alterations as market dynamics evolve.
The dashed lines on the chart indicate the reaction levels, serving as additional points of significance. Furthermore, take note of the response at the levels of the High, Low, and Close values from the day prior.
We trust that this information proves valuable to you.
* If you found the idea appealing, kindly tap the Boost icon located at the bottom right. We encourage you to share your thoughts and comments regarding it.
Wishing you successful trading endeavors!
[INTRADAY] #BANKNIFTY PE & CE Levels(23/07/2024) 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 52450 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.
Budget day trading levels BN 23/07/24.Banknifty prior to the budget day closed flat and there are chances of a trending market owing to the news.
On the hourly charts, the market has consolidation after the first hour candle. Consolidation is good to make the break out/ down to travel.
Market is trading around the 20 ema and above 200 ema. If the market break below the moving average, trade using MA strategy can be entered.
Major support levels :- 52160, 51940
Resistance levels :- 52420, 52630
Wait for the price action near the levels before entering the markets.
BankNifty levels - Jul 23, 2024Utilizing the support and resistance levels of BankNifty, along with the 5-minute timeframe candlesticks and VWAP, can enhance the precision of trade entries and exits on or near these levels. It is crucial to recognize that these levels are not static, and they undergo alterations as market dynamics evolve.
The dashed lines on the chart indicate the reaction levels, serving as additional points of significance. Furthermore, take note of the response at the levels of the High, Low, and Close values from the day prior.
We trust that this information proves valuable to you.
* If you found the idea appealing, kindly tap the Boost icon located at the bottom right. We encourage you to share your thoughts and comments regarding it.
Wishing you successful trading endeavors!
[INTRADAY] #BANKNIFTY PE & CE Levels(22/07/2024) Today will be gap down opening in BANKNIFTY. After opening if banknifty start trading below 52450 level then possible downside rally of 400-500 points upto 52050 Level & this rally can can extend another 400 points if market gives breakdown 51950 level in todays session.Any Major upside only expected in case banknifty starts trading above 52550 level.
BankNifty levels - Jul 22, 2024Utilizing the support and resistance levels of BankNifty, along with the 5-minute timeframe candlesticks and VWAP, can enhance the precision of trade entries and exits on or near these levels. It is crucial to recognize that these levels are not static, and they undergo alterations as market dynamics evolve.
The dashed lines on the chart indicate the reaction levels, serving as additional points of significance. Furthermore, take note of the response at the levels of the High, Low, and Close values from the day prior.
We trust that this information proves valuable to you.
* If you found the idea appealing, kindly tap the Boost icon located at the bottom right. We encourage you to share your thoughts and comments regarding it.
Wishing you successful trading endeavors!
[INTRADAY] #BANKNIFTY PE & CE Levels(19/07/2024) Today will be gap up opening in BANKNIFTY. After opening if banknifty sustain above 52550 level then possible upside rally of 400-500 points upto 52950 level & this rally can extend another 400 points if market gives breakout 53050 level in todays session. Any Major downside only expected in case banknifty starts trading below 52450 level.
Banknifty analysis for 19/07/24.Banknifty on the weekly time frame is still forming an inside candle. If it crosses the previous weekl high of 52800, a bullish trade can be made.
The hourly time frame, there is a inverted Head and Shoulder pattern and the high probability trade can be initiated as Nifty is trading around Life time high of 24800.
There is chances of BN catching up with other index.
Major Break out level :- 52800
Targets :- 53080, 53250
In case the market starts break down, trade only once it break the support zone of 52150-52200.
Wait for the price action around the levels before entering the market.