#BankNifty route=map [19th April]Please have a look into the chart to get all details, I have tried to draw everything as much i found according to my study.
This Analysis is Based on Fibo & Price action.
It's Already late so will post NIFTY's chart around 9am in the morning.
If agree with this Analysis, Then Please LIKE....As well as can Follow me to getting my future analysis.
HAVE A GOOD GREEN TRADE
Bankniftylong
BANKNIFTY- Breakout TradeRefer 1 Minute chart for Better understanding.
Market was very Bullish , after the price took Resistance, it retraced back to 61% FIB level.
Accumulated, for a bit and Broke out.(13:00 Hrs Candle).
We won't take a position here, as we want a retest or a small consolidation breakout.(In this case it was a consolidation Breakout)
It gives us a better confirmation of where the price is heading.
Without a retest we get trapped most of the times.
At 14:15 Hrs , the price broke consolidation with an impulse move.(14:28 Hrs )
Here we can take position with StopLoss being placed @ the low of breakout candle.
Target was set near Day's high.
BANKNIFTY BULLISH VIEW 23/03/22BULL PUT OR FUTURE HEDGE JO ACHE LAGAY TUMHE WOH LO FOR APRIL MONTH...
DON'T GO NAKED OTHERWISE ACCOUNT NAKED..
STOPLOSS 35200 KAY NEECHAY KA CLOSING BASIS PAR WEAKNESS..
TILL THEN BULLISH..
TRADE OR INVEST wisely.
WE CAN JUST PREDICT.
Disclaimer: I am not a SEBI registered advisor , so before entering on my view plz ask your SEBI Registered Advisor . Profit is your and loss is your.
PLEASE LIKE AND SHARE IF YOU AGREE WITH THE IDEA
Bank Nifty Level Upadate for Trading | END OF DAY CHART ANALYSISBank Nifty Level Upadate for Trading | END OF DAY CHART ANALYSIS |BankNifty Level Upadate for Trading |BankNifty End of day Study| BankNifty Support and Resistance
for more information and deatil study search in Google - manoj Shinde 27485
BankNifty's route=map for 30th marchAs we saw today, BNF opened with a gap-up and faced a rejection from 50% level of Fibo . Price got hit Target 1 in down-side and then stuck in a range till 3pm. In last 30 minutes buyers pushed the price up but couldn't close above the Day high.
As Price still in a Resistance zone, can cross by Gap-up or a strong momentum. if not then correction will start and we see 35300-100 level.
Found a Possible ABCD pattern in the chart, will active after 35950. Please have a look into the chart to get all details, have tried to draw everything as much need to do.
If agree with the Study, then Please LIKE....
HAVE A GOOD GREEN TRADE
Banknifty view for 30/03/22Bank nifty has given parallel channel break out and above its 20 and 200 ema, 15 minute chart frame.
On an 60 minute chart frame, it has crossed it 200ema and closed above it.
It has closed just below the resistance level of 35930-50 but nifty has closed on a bullish note.
Markets may open gap up.
Support :- 35800, 35630
Resistance :- 36135, 362560, 36600
Wait for the market to digest the gap up before entering the trade and wait for confirmation on a 15 minute chart frame.
BankNifty road=map for 28th MarchAccording to the Harmonic Pattern, there is a Bullish Cypher pattern has created in BNF chart and as per trading possibility, i have mentioned a buying Level & all possible Targets to trade. Need to be careful on Target 1 as it's a 38.2% Level of fibonacci, can be a reversal point. if the price sustaining then can go for further Targets. Please have a look into the chart for detailing.
The above study has based on harmonic Patterns, Fibonacci levels & Price action.
If agree with the study, then Please LIKE....
Bullish Reversal- BANKNIFTY Refer 1 Min Chart
After Accumulating for a long time, created a small bearish pressure to trap the Retail traders.
After the strong bullish candle, confirmed fake breakdown took all the StopLosses.
You can enter immediately after the impulsive candle or can wait for retarcement for better confirmation.
Bullish pressure was so high that it broke day's high in matter of minutes.
BankNifty Prediction for 9th of MarchI had made this Chart around 2.30pm. yesterday. but got lil late to post coz of fast movement.
As we can see on the chart that a Pullback has already started. Now Here the question is that, This up-move will continue till which level ?
So, i study and found some possible levels of BNF's movement for tomorrow session. see the chart for Targets as well as Support & resistance that are mentioned there too.
There are two Resistance, First after Target 2 and Second after Target 3 (the stronger one).
Target 1 can be a Reversal level too.
Nifty Bank Futures Key Trading Levels for 24th Feb 2022 ExpiryNifty Bank Futures Key Trading Levels for 24th Feb 2022 Expiry
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
Leave a comment that is helpful or encouraging. Let's master the markets together.
BANKNIFTY BULLISH VIEW 20/12/21BANKNIFTY IS ON GOOD SUPPORT
CAN SEE BOUNCE
TARGET 35650,35800
CAN DO ONE FUTURE HEDGE BASKET:
BUY ONE LOT DEC 35800 PE
BUY ONE LOT BANKNIFTY DEC FUTURE 34510
MARGIN REQUIRED:53,000 APPROX AS PER ZERODHA BASKET
PROFIT AS PER YOUR WISH
MAX LOSS DEFINED 2900 APPROX
NOTE:FIRST BUY PE THEN FUTURE IN BASKET BUT TOGETHER
TRADE wisely.
WE CAN JUST PREDICT.
Disclaimer: I am not a SEBI registered advisor , so before entering on my view plz ask your SEBI Registered Advisor . Profit is your and loss is your.
PLEASE LIKE AND SHARE IF YOU AGREE WITH THE IDEA
BANKNIFTY INDEX ANALYSIS FOR 04 JAN 22Hi everyone, Banknifty index analysis & view for this week recently banknifty index has given breakout of it`s important resistance level 35,500 & now it`s trading on 36,500 which is harmonic prz area (level 0.786). Price may correct from here if sustain above 36,500 can go upto 37,600 (level identified from xabcd pattern level 1.131) in 1hour chart banknifty index looks bullish index has changed it`s downtrend & new uptrend has started. NSE:BANKNIFTY