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Bankniftylevels

BankNifty levels - Dec 12, 2023Utilizing 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!
NSE:BANKNIFTY
by sacxe
BANKNIFTY Intraday Trade Setup For 11 Dec 2023BANKNIFTY Intraday Trade Setup For 11 Dec 2023 Bullish-Above 47310 Invalid-Below 47200 T- 47687 48055 Bearish-Below 47100 Invalid-Above 47210 T- 46725 46350 BANKNIFTY has closed on bold bullish note last week with 5.46% gain. On 27 Nov (trade setup) EOD we planned a bullish trade above 44450 and a chance of a fresh ATH was also discussed. It has violently made a fresh ATH and now opted TSL is PDL. If a daily candle closes below PDL and that red candle's low is breached then we will exit longs completely. Tomorrow on flat opening above 47310 bullish move will continue. 47100 is a confluence level. Breakdown after support validation will trigger a intraday fall. Coming to Monday's trade setup, if index opens flat and a 15 min candle closes above 47310 then we will long for the target of 47687 and 48055. For selling we need a 15 min candle close below 47100. T- 46725 and 46350. In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range (5MIN). Trade on this range breakout. ========== I am Not SEBI Registered This is my personal analysis for my personal trading. Kindly consult your financial advisor before taking any actions based on this.
NSE:BANKNIFTY
by Omahto
LICHSGFIN Ready For ATH level 🚀🚀Financial Performance: -Total revenue from operations grew by 33% compared to the previous year. -Net interest income increased by 83%. -Net interest margins remained above 3% for two consecutive quarters. Highest ever quaterly and yearly results. Target: 1st target 570 2nd target 660 3ld target 780 ATH level. Warning:- Please note that I'm not a financial advisor, and investing in the stock market involves risks. It's important to do thorough research or consult with a financial professional before making any investment decisions.
NSE:LICHSGFINLong
by mDeepak_
Banknifty Intraday Prediction Levels for 11 Dec 2023Banknifty Intraday Prediction Levels for 11 Dec 2023 The chart indicates 15 min time frame. These Levels act as Support and Resistance according to position of price. These are strictly for Intraday Trading only. Execution only after break out and close above the Resistance zone or break down and close below the Support zone. These levels act as support and resistance. You have to trade according to level breakout or breakdown. If you are a new trader then just watch (No Trade) these levels for some days. Happy trading. Disclaimer: I am not a SEBI Registered Analyst. Anything posted here is my own analysis and views. This is created for educational purposes only. Always consult with your Financial Advisor before taking any decision or trade.
NSE:BANKNIFTY
by suraranjanganguli
BANKNIFTY prediction for tomorrow (Moday) 11th DecAs we discussed, Banknifty's analysis gave a really nice momentum after the election result. Now, Banknifty is trading at a high time and is also forming an inverted HNS pattern. However, Inverted HNS works best at the bottom of the trend, not at the top. I am expecting a correction or sideways consolidation for Banknifty in the upcoming week. Reason: RSI = 75 (Bullish) trading in the bullish zone. (Bullish) Inverted HNS breakout. Only make a bullish position if retraced. (Partially Bullish) Price > EMAs, 50 EMA was providing a nice support point. (Bullish) 46550 will be acting as a strong support point. OI is still showing HUGE PE writing on 47000. the only point of concern on the upside is 47500. (Bullish) FII Data is neutral in the case of Banknifty. Verdict: Bullish Plan of action: Follow the Chart plan.
NSE:BANKNIFTYLong
by finnova_
8
BankNifty levels - Dec 11, 2023Utilizing 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!
NSE:BANKNIFTY
by sacxe
Banknifty Intraday Prediction Levels for 8 Dec 2023Banknifty Intraday Prediction Levels for 8 Dec 2023 The chart indicates 15 min time frame. These Levels act as Support and Resistance according to position of price. These are strictly for Intraday Trading only. Execution only after break out and close above the Resistance zone or break down and close below the Support zone. These levels act as support and resistance. You have to trade according to level breakout or breakdown. If you are a new trader then just watch (No Trade) these levels for some days. Happy trading. Disclaimer: I am not a SEBI Registered Analyst. Anything posted here is my own analysis and views. This is created for educational purposes only. Always consult with your Financial Advisor before taking any decision or trade.
NSE:BANKNIFTY
by suraranjanganguli
Banknifty Intraday Prediction Levels for 7 Dec 2023Banknifty Intraday Prediction Levels for 7 Dec 2023 The chart indicates 15 min time frame. These Levels act as Support and Resistance according to position of price. These are strictly for Intraday Trading only. Execution only after break out and close above the Resistance zone or break down and close below the Support zone. These levels act as support and resistance. You have to trade according to level breakout or breakdown. If you are a new trader then just watch (No Trade) these levels for some days. Happy trading. Disclaimer: I am not a SEBI Registered Analyst. Anything posted here is my own analysis and views. This is created for educational purposes only. Always consult with your Financial Advisor before taking any decision or trade.
NSE:BANKNIFTY
by suraranjanganguli
BANKNIFTY Intraday Trade Setup For 08 Dec 2023BANKNIFTY Intraday Trade Setup For 08 Dec 2023 Bullish-Above 46930 Invalid-Below 46820 T- 47260 47630 Bearish-Below 46650 Invalid-Above 46760 T- 46347 46040 BANKNIFTY has closed on an absolute flat note today. However the closing sentiment looks a bit bullish as it closed near day high. This bullishness will continue tomorrow above 46930 tomorrow. Our TSL in long (from 44450) is still intact. If a daily candle closes below PDL and below that red candle's low we will exit longs completely. On TSL sentiment will change to slight bearish from bullish. 44930 and 44650 are important levels for tomorrow's session. Coming to Friday's trade setup, if index opens flat and a 15 Min candle closes above 46930 then we will long for the target of 47260 and 47630. For selling we need a 15 Min candle close below 46650. T- 46347 and 46040. In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range (5MIN). Trade on this range breakout. ========== I am Not SEBI Registered This is my personal analysis for my personal trading. Kindly consult your financial advisor before taking any actions based on this.
NSE:BANKNIFTY
by Omahto
BankNifty levels - Dec 8, 2023Utilizing 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!
NSE:BANKNIFTY
by sacxe
#Banknifty Directions and levels for DEC 7th."Good morning, friends🌺! As of December 7th, the global market sentiment is moderately bullish, supported by the Dow Jones. However, our local market sentiment shows a bullish trend. It might open with a gap-down start, considering the GiftNifty value at -50. Afterward, if it breaks the immediate support level, then we can expect a continuation of the correction. However, if it finds support around the immediate support level, it might turn into a range market for a pullback continuation. The rally will occur only if it breaks the previous high with a solid structure. Otherwise, it will form a consolidation structure."
NSE:BANKNIFTY
by Manickamtraders
BANKNIFTY Intraday Trade Setup For 07 Dec 2023BANKNIFTY Intraday Trade Setup For 07 Dec 2023 Bullish-Above 46970 Invalid-Below 46860 T- 42260 47630 Bearish-Below 46750 Invalid-Above 46860 T- 46356 45938 BANKNIFTY has closed on a slight bearish note with 0.38% cut today. It traded between yesterday's range the whole day. Bullish sentiment will change when daily candle closes below PDL and that red candle's low will be breached. It can give us a good directional move on the breakout of 47260 and 46750 in 15 MIN TF. Be very alert on downside for a bullish reversal as mother sentiment is bullish. 46970 and 46750 are important levels for tomorrow's session. Coming to Thursday's trade setup, if index opens flat and a 15 Min candle closes above 47260 then we will long for the target of 47630 and 48030. For selling we need a 15 Min candle close below 46750. T- 46356 45938. In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range (5MIN). Trade on this range breakout. ========== I am Not SEBI Registered This is my personal analysis for my personal trading. Kindly consult your financial advisor before taking any actions based on this.
NSE:BANKNIFTY
by Omahto
BankNifty levels - Dec 7, 2023Utilizing 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!
NSE:BANKNIFTY
by sacxe
#Banknifty directions and levels for DEC 6th."Good morning, friends🌺! As of December 6th, the global market sentiment is moderately bullish, supported by the Dow Jones. However, our local market sentiment shows an extremely bullish trend. It might open with a gap-up start, considering the GiftNifty value at +60. Afterward, if the gap-up has a solid structure, then we can expect the rally to continue. On the other hand, if the gap-up doesn't sustain or if it reaches the immediate resistance with minor consolidation, then it might turn into a correction. However, we should wait for confirmation to use the Fibonacci levels from yesterday's minor low to the upcoming high. If it breaks the 38% level, then we can expect a minimum 78% swing low."
NSE:BANKNIFTY
by Manickamtraders
BANKNIFTY Intraday Trade Setup For 06 Dec 2023BANKNIFTY Intraday Trade Setup For 06 Dec 2023 Bullish-Above 47240 Invalid-Below 47130 T- 47630 48030 Bearish-Below 46730 Invalid-Above 46840 T- 43356 45938 BANKNIFTY has closed on a bullish note once again with 1.25% gain today. It opened with a huge gap up opening and 10 o'clock range was to be used as per setup. Range broke upside above 46980 and gave a move till 47230. It has formed an symmetrical triangle in 15 Min TF, breakout will lead to a fresh move either side. 47240 and 46730 are important levels for tomorrow's session. Coming to Wednesday's trade setup, if index opens flat and a 15 Min candle closes above 47240 then we will long for the target of 47630 and 48030. For selling we need a 15 Min candle close below 46730. T- 46356 and 45938. In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range (5MIN). Trade on this range breakout. ========== I am Not SEBI Registered This is my personal analysis for my personal trading. Kindly consult your financial advisor before taking any actions based on this.
NSE:BANKNIFTY
by Omahto
Banknifty Intraday Prediction Levels for 6 Dec 2023Banknifty Intraday Prediction Levels for 6 Dec 2023 The chart indicates 15 min time frame. These Levels act as Support and Resistance according to position of price. These are strictly for Intraday Trading only. Execution only after break out and close above the Resistance zone or break down and close below the Support zone. These levels act as support and resistance. You have to trade according to level breakout or breakdown. If you are a new trader then just watch (No Trade) these levels for some days. Happy trading. Disclaimer: I am not a SEBI Registered Analyst. Anything posted here is my own analysis and views. This is created for educational purposes only. Always consult with your Financial Advisor before taking any decision or trade.
NSE:BANKNIFTY
by suraranjanganguli
Banknifty Intraday Prediction Levels for 5 Dec 2023Banknifty Intraday Prediction Levels for 5 Dec 2023 The chart indicates 15 min time frame. These Levels act as Support and Resistance according to position of price . These are strictly for Intraday Trading only. Execution only after break out and close above the Resistance zone/ Line or break down and close below the Support zone/ Line. These levels act as support and resistance. You have to trade according to level breakout or breakdown. If You are a new trader then just watch (No Trade) these levels for some days. Happy trading. Disclaimer: I am not a SEBI Registered Analyst. Anything posted here is my own analysis and views. This is created for educational purposes only. Always consult your Financial Advisor before taking any decision or trade.
NSE:BANKNIFTY
by suraranjanganguli
5th Dec ’23 - New all time high for BankNifty - 47230.55BankNifty Analysis Just like we discussed yesterday, BankNifty outshined Nifty today. But surprisingly FinNifty did not correlate with Banknifty. That is unusual as the major components are the same. A detailed look into these stocks BAJFINANCE, BAJAJFINSV will give you the reason. 5mts chart link - click here HDFCBANK had a higher pre-open indicative price, the initial gap-up followed by cooling off was attributed to this. ICICIBANK hit a new ATH today. Most of the other bank stocks are hovering around those levels except HDFCBK and KOTAKBK. Even after a minor cool-off between 11.00 to 11.40 - we managed to close today with impressive gains of 580pts ~ 1.25%. The new ATH is 47230.55 63 mts chart link - click here On the 63mts TF, the island formation is clearly visible today. Yesterday’s strong green candles definitely give BN a psychological advantage to go long. I prefer to stay long with the first level to fall back at 46189.
NSE:BANKNIFTYLong
by viswaram
BankNifty levels - Dec 6, 2023Utilizing 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!
NSE:BANKNIFTY
by sacxe
#Banknifty direction and levels for DEC 5th"Good morning, friends🌺! As of December 5th, the global market sentiment is moderately bullish, supported by the Dow Jones. However, our local market sentiment shows an extremely bullish trend. It might open with a neutral to slightly gap-down, considering the GiftNifty value at -20. Regarding yesterday's structure, despite a significant increase during the last session, the RSI displayed divergence. This signals a slightly negative aspect for the bullish bias. Therefore, if it opens with a gap-down, we might anticipate a 23 to 38% fib correction. If it finds support around that level, the market could shift into a ranging phase before resuming the rally. Structurally, there isn't a major correction anticipated, but sometimes, there might be a time correction. Conversely, if the initial market stages a sharp pullback and breaches the immediate resistance, then we can expect the rally to continue."
NSE:BANKNIFTY
by Manickamtraders
BANKNIFTY Intraday Trade Setup For 05 Dec 2023BANKNIFTY Intraday Trade Setup For 05 Dec 2023 Buy_1-Above 46490 Invalid-Below 46380 T- 46775 47060 Buy_2- From 45837 Invalid-Below 45727 T- 46160 46500 BANKNIFTY has closed at a record high today with 3.61% mega gain today. Our swing long position which we planned on 27 Nov above 44450 was triggered on 29 Nov. Expected target was a fresh ATH which is met today. In 4 sessions it has given more than 2000 points gain. One can book max gain here and rest trail till bullish price structure is intact in hourly TF. Tomorrow there is a possibility of a pullback. In tomorrow's dip idea will be to long on a bullish reversal price structure in 5 Min TF. Coming to Tuesday's trade setup, if index opens flat and a 15 Min candle closes above 46490 then we will long for the target of 46775 and 47060. We will buy from 45840 if tested for the target of 46160 and 46500. In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range (5MIN). Trade on this range breakout. ========== I am Not SEBI Registered This is my personal analysis for my personal trading. Kindly consult your financial advisor before taking any actions based on this.
NSE:BANKNIFTY
by Omahto