Bankniftylong
BANKNIFTY 25TH JUNE Ok after a good bull run BANKNIFTY is in a better and safe zone for all as if now banknifty currently is @35327 on FRIDAY 25th June 2021 on MONDAY it will be interesting to see where it gets open if banknifty is opening above 35700 lvl and breaking the days low we can expect a gap-filling move since a healthy trend don't leave gaps behind so gap filling will be happing if we open gap up is we open gap down which is not possible as if now since globals are having indecent stage as if now so massive gap down is rarely possible if we open FLAT which is having high probability we can see range-bound market depending on which range is been breached 1ST the market will show fairly decent move in that side on the upper side we are having a strong resistance zone coming which is 35550-35800 this zone belongs to writers not for option buyers so this would be my no trade zone after banknifty breaches the level of 35800 on a significant time frame the up coming levels would be 36500-37200-37700 (NOT INTRADDAY LEVELS ) so we can expect market can breach these lvl in coming weeks
I'll keep posting updates on this idea
FOLLOW YOUR RISK TO REWARD RATIO
Disclaimer-I am not SEBI registered advisor. All views shared for educational purposes and should not be considered advice of any nature. Learn and Earn.
BANKNIFTY 25TH JUNE (LONG)BANKNIFTY is creating cup and handle pattern in which cup has been formed and the handle is pending I am expecting a breakout on expiry of @1JULY till then bank nifty is not safe to trade for beginners or safe traders once the breakout is been rectify it will continue the bull rally the next resistance zone for bank nifty will be 35650-35800 or simply you can take the entry once bank nifty has breached the level of 35300 on 15min time frame after breakout the next level will be 35500 bank nifty will make halt on that level and it will act as pullback till banking sector comes in the lead
Banknifty view till expiryThe analysis is given on the chart
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BANK NIFTY ANALYSIS FOR 22-06-2021Do not trade in between 34935 - 34755
Buy Above 34935 for the Targets marked on Chart
Sell below 34755 for the Targets marked on Chart
Make entries only when the price action is suitable respecting to the trendline
Take Entries when Market sustains above / below our levels
Avoid entries , if there is a Huge Gap Up / Gap Down
Take Entries as per Price Action
** Only for Educational Purposes
( As you all can see our daily Analysis , Bank Nifty is respecting all our analysis with treadlines and Support & Resistance Lines )
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Live BankNifty Intraday Trade setup for Today 18th June 2021Banknifty may see a support at 34300. Follow the targets with trading rules.
Immediate resistance: 34800
Major Resistance: 3500
Major Support: 34000
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BANKNIFTY AT REAL CRUCIAL LEVELS !! REVERSAL EXPECTED??Chart says it all
As you can see multiple rejections on this trend line and level 34400-34000 has been the last swing ! It can make a low of 34000 having its FINAL SUPPORT which also has been tested multiple times !
Most probably if sustains above 34500 you can initiate a long position
BANKNIFTY READY FOR BULL RUN??We can see a downtrend prevailing since the channel breakout but now it’s indicating a potential BULL RUN as REVERSAL SIGNS has been witnessed
A W pattern which shows the dominance of BUYERS OVER SELLERS
V shaped recovery from the panic caused by ADANI CASE
A pending bull run which has already been done in NIFTY
A consolidation before breakout can also be a good sign for reversal
35350 is the level to watch for today ☑️
Downtrend Parallel channel in BANKNIFTYSince last few trading session, Banknifty trading in downtrend parallel channel. If in today's trading session its trading and sustain above 35150 level then expected next projected target 35800+ in upcoming trading session. Downside possible if banknifty trading below 34950 level so can go long with stop loss at 34950 level.
BANKNIFTY READY FOR TREND REVERSAL AGAIN..??We’ve been achieving 100 percent accuracy in the analysis as of now!
From the last analysis done in BANKNIFTY and NIFTY both I’ve warned you guys about the trend reversal and the same happened BANKNIFTY fell from 35800 till 34600 levels! Over 1000++ points fell from the given levels
NOW BANKNIFTY IS TRADING AT REAL CRUCIAL LEVELS AS IT IS TRADING IS PREVIOUSLY SUPPORT WHICH HAS NOW BECOME A RESISTANCE which 35200-35000! One must keep watch of this resistance !
We can see again 1000++ points rally ahead If all parameters meet ✅
Bank Nifty Levels to Watch..Watching the chart we can see that bank nifty was forming higher lows(HL) which indicates an uptrend and equal highs (EH) which indicates rejection...
as Bank nifty have already tested 35700 level 2 times we can expect a break out and a good target would be 36000 as huge amount of call writings are written at 36000 which indicates resistance...
IN SHORT : IF BANK NIFTY BREAKS 35700 WE CAN EXPECT A UP MOVE UPTO 36000
BANK NIFTY ANALYSIS FOR 04-06-2021Do not Trade in between 35653 - 35070 .
As you all can see , Bank Nifty is respecting the Red Tredline marked on chart and had been making Higher - Highs & Higher Lows CContinuosly .
So , there is enough room after 35653 . If BN Sustains above that levels we could see a Trending Market with Big Targets
We'll only find buying oppotunities today .
Take Entries when Market sustains above / below our levels
Avoid entries , if there is a Huge Gap Up / Gap Down
Take Entries as per Price Action
** Only for Educational Purposes
( As you all can see our daily Analysis , Bank Nifty is respecting all our analysis with treadlines and Support & Resistance Lines )
PLEASE DO LIKE , COMMENT OUR POSTS .
BANKNIFTY IN RISING WEDGE PATTERN ( CAUTION )BANKNIFTY at real crucial levels, though the trend is bullish as of now , it has been forming RISING WEDGE pattern which is also known as REVERSAL pattern to some extent but don’t worry! We’ll wait for its confirmation before we take any action☑️
Till now market specifically is bullish and also formed an inverted head and shoulders pattern being 35730 as its NECKLINE, break of that very level with proper candle close may take BANKNIFTY to 36000 in no time
Also RBI MONETARY POLICY HEARING tomorrow can add fuel to the fire ! Expecting huge moves tomrrow
But also keep note of the following pattern ✅
View for BANK NIFTY on 31-05-2021Do not trade in between 35222 - 34965
Buy Above 35250 for the Targets marked on Chart
Sell below 34960 for the Targets marked on Chart
Take Entries when Market sustains above / below our levels
Avoid entries , if there is a Huge Gap Up / Gap Down
Take Entries as per Price Action
** Only for Educational Purposes
( As you all can see our daily Analysis , Bank Nifty is respecting all our analysis with treadlines and Support & Resistance Lines )
PLEASE DO LIKE , COMMENT OUR POSTS .