Banknifty Intraday Level Analysis 22 JulyHello Traders,
Following are my analysis:
Resistance Level :
1. Good Resistance Zone exists at 34600-800
2. Strongest Resistance at 35000 .
3. Stronger Resistance at 36000
4. Strong Resistance at 34500.
* Increasing resistance above 35000.
Support Level :
1. 33500 is Strongest Support Level .
2. 34000 is a Strong Support.
3. 34200 is Good Support.
Sideways Possibility:
More Sideways above 34500 to 34800 , if market sustains above 34500.
No Trade Zone:
34350-34500
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.
Bankniftylevelsexpiry
Banknifty Analysis Intraday Levels 8 JulyHello Traders,
Following are my analysis:
Resistance Level :
1. Good Resistance Zone exists at 36100-300.
2. Strongest Resistance at 36000 .
3. Strong Resistance at 36200.
* Increasing resistance above 36000.
Support Level :
1. 35000 is Strongest Support Level .
2. 35600-700 is a Strong Support Zone.
3. 35200-400 is Good Support Zone .
4. 35500 is Stronger Support Level.
No Trade Zone :
35700 - 35800
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 CHART ANALYSED ( EXPIRY SPECIAL LEVELS)It could be a highly volatile day as it is still trading In range and the range is quite wide enough ranging from 35200 to 34200 and it create huge volatility between these two levels !
Safe players can avoid if any of these levels is not broken ! Expecting a volatile market today
Important levels mentioned in charts
BankNifty Expiry Special 27/5/2021Hello Everyone,
Hope you all are fit and fine ... Stay Safe and Trade safe...!
As predicted in previous analysis, BnkNifty Open Up with small gap and was in Sideways rest of the day.
Resistance Level :
1. 35000 is immediate Strongest Resistance level .
3. Good resistance exists at 35500 and Strong Resistance is developing from 35000 to 35500.
Support Level :
1. 34500 is Strong Support level .
2. 34000 is next Good Support Level .
Sideways Possibility :
80% chances of sideways market, between 34500 and 35000 .
Trend Line :
Voilet Line - Blue Line : Sell Below Voilet Trend Line and Blue Trend Line, till Big Green Support Line .
Green Line : 1. Sell Below Big Green Support Line at 34500 if broken by large volume and price sustains below it for atleast 5 min.
2. Buy Above Big Green Support Line at 34500 when you see a revarsal, as you saw in the morning
* Voilet Line a New Resistance forming in next half of the Day will play an important role tomorrow, trade safe near it.
Important Note:
Need large volume to break 35000.
As the Resistance is building strong at 35000 level it seems that at least for first half market would be in down and sideways.
*Imp Note :
Support and Resistance Marked keeps on changing as the day progresses and new trader joining.
Strong Support and Resistance will act atleast for first half and may be broken with large volume .
Try to Sell Options, time decay benift you will get.
This is not Buy and Sell recommendation to any one.
This is for education purpose and a helping hand to all retail traders to learn Market.
I hope you all like my analysis.
Please do share your thoughts into comment section.
Please hit the Follow button to get the regular analysis.
Please give a like, it motivates me to do analysis and do share with your friends as well.
BANKNIFTY CHART ANALYSED FOR 22nd APRIL SORRY FOR THE MESSED UP CHART but that’s what makes your analysis more precise
Currently in NO TRADING ZONE unless the following given level breaks mentioned in chart !!
All the levels provided has been the recent swings which had multiple touch points and has been tested many times which make them an important SUPPORT AND RESISTANCE
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 🙏🏼
BANKNIFTY CHART ANALYSED FOR 25th MARCH 2021The majestic 33400 is broken below and also reversed back from 33200 so what’s next now..??
According to me,
There’s still some space below which BANKNIFTY can fill till 32800
BUT
it has to close below 33200 with proper candle close!
Another 400-600 points fall can be witnessed if 33200 is broken below ✅
Else expecting a INSIDE candle tomorrow 🚨