BANKNIFTY
1.chennel respect the trend take good support
2. down side target done after trend reversal
3.reversal after bull start side in short cover
4. next Monday reflect bull entry soon
support and resistance are clearly visible. may be we will se a little breakover in tomorrow's market. hope for the best and good profits....
please let me know if i am wrong.....
Thanks in Advance......
Nifty and Banknifty both showed weakness on technical grounds today where none of the indices could sustain the gap up opening . But for most of the part both of the Indian indices were choppy throughout the whole day. Shorting in nifty or banknifty by buying puts is not advised as the markets are not correcting sharply even after breaking their supports . Theta...
BANKNIFTY
1. two week continue closing all new new time high
2. monthly weekly strong bull control
3. next week target reach sooooooooooon.......................................
wait and see you
☠👻👻👻☠☠
Today will be gap up opening in banknifty. After opening expected it will continue it positive movement upto 37450+ level. Upside 37500 will act as an immediate resistance for banknifty. At this level possible some correction movement in banknifty. In case banknifty gives breakout of this level and started trading above 37550 level then strong upside movement of...
BANKNIFTY : For 22nd Sept
Banknifty moved as expected and respected the Levels shared yesterday.
As per chart, there is resistance in Banknifty. i will wait for 15 min candle to close above it for long
This is my personal view and educational purpose only.
Bank Nifty has formed an bullish pattern after long consolidation phase . I'm expecting a target of 42300-42500 in near term this level will act as a first retracement zone.
Trade duration : 3-4 months
Today will be flat opening expected in banknifty. After opening if banknifty started trading above 37050 level then expected strong upside move upto 400-500+ points. There have chances of correction from 36950 level. Downside 36500 will act as a strong support for today's session.
as per our analysis BANK NIFTY breaks in upside next target for BANK NIFTY after close above 36880 will be 37100 sec target 37500
lets wait for breakout
its a better time for invest in banking stocks
NOTE
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BankNifty is showing some weakness but I am still bullish on bank nifty and I am too holding call options of banknifty
The chart is self explanatory. I think in the short term Banknifty will outperform the market because many bank stocks are ready for rally and even the government is supporting.
Happy Trading
I will tell you how to become rich. Close the...
Bank Nifty Futures
The chart is clearly in a downtrend and is showing weakness.
However, RSI shows a clear bullish reversal and we are talking about bank nifty here so 1 strong candle has the power to change the trend.
My suggestion is Buy!
CMP: 36592.00
SL: 36200.00 (intraday / closing)
Target 37500.00 & 37750.00
After the breakout of the consolidation BANK NIFTY has come to retest that level and made a PINBAR candle. So we can expect to see bullishness if it crosses high of the candle.
![BANKNIFTY: [INTRADAY] #BANKNIFTY PE & CE Levels(23/09/2021)](https://s3.tradingview.com/8/8ps1IgH4_mid.png "[INTRADAY] #BANKNIFTY PE & CE Levels(23/09/2021)")
![BANKNIFTY: [INTRADAY] #BANKNIFTY PE & CE Levels(16/09/2021)](https://s3.tradingview.com/v/vNsr7PpR_mid.png "[INTRADAY] #BANKNIFTY PE & CE Levels(16/09/2021)")
