Bank Nifty is near the channel's bottom line. And most probably it shouldn't break the line and start another up move and expecting positive movement in weekly expiry.
NSE:BANKNIFTY important target levels on both sides for tomorrow's expiry day.
Bank nifty made some interesting price action today. It opened at 38784 above the support line of 38698 went down all the way to 38606 and closed the first candle above this support. Well that was the low for the entire day - the support level was tested once more between 10.45 to 11.10 after which BN steadily rallied higher. Personally i felt BN will trade...
Hello All, Please find the related idea below where it touched 39100. Today market has opened with +73 points and the momentum continued till 38900. After that market has range bound traded between 38700 to 38900 levels till 1:55 PM. Exactly at 2 PM 38900 level breached and it went to 39100. To summarise it market just tallied the yesterday down move. Yesterday...
Today will be a flat opening in BANKNIFTY. Expected opening near 38850 Level. After opening possible reversal of 400-500 points from 38950 level. And this can extend for another 400 points if it gives breakdown of 38450 level. Any Bullish rally is only expected in case banknifty starts trading and sustains above 39050 level.
tomorrow buy put only banknifty put below 38400 tgt-38200 gap down open than buy put below 38000 tgt-37800\37500 call only above 39200 only tgt-39400 sl keep 100 atleast
dear traders due to results and dii compensate with positive note can market save from crash tomorrow. -sentimental view. now technical view buy #banknifty call above 39250 tgt-39400\39600 if market sustain above 39500-39600 range than tgt will be 39900. buy #banknifty put below 38900 tgt-38700\37600 if gap down open than buy 38700 below tgt-38500\38000 sl...
Bank nifty’s performance today was quite surprising. Opened at 39058 right near where we closed yesterday. Usually BN has the habit of opening gap up or gap down everyday, but today’s open was the first surprise - the trade was almost the continuation of yesterday’s price action. Secondly the IV (implied volatility) of bank nifty was very low even while...
Hello All, Flat opening today and followed by 150 points down. After that just consolidation only. 300~ points down exactly after 2:50 PM. Market is weak due to global markets. We can see tomorrow down momentum continuation till 38000 or gap up and upmove to 39100. Always trade carefully with proper SL because it’s your hard earned money. Please note this is...
Expectations for Today: Volatile day. Intraday Levels: Buy Above - 39200 Sell Below - 38800 To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
Bank nifty has been consolidating near the resistance area on 1HR for sometime now. Expected movements and entry/exit levels discussed in detail in this short video. Cheers =)
Banknifty on the daily time frame has closed almost flat losing around 80 points. After a gap down of more than 400 points, banknifty regained and filled the gap. Though, in the second half the market remained in a consolidation zone. On the hourly time frame, market has closed between both the moving averages. Banknifty has taken resistance from its 200...
NSE:BANKNIFTY currently travelling through parallel channel, might continue going upwards till channel is broken.
another hit day plz like,boost to appreciate our ideas== #banknifty call above 39400 tgt-39600\39900 #banknifty put below 39000 tgt-38800\37000 sl keep 100 points atleast #banknifty form a support base check verify calls with google ,don't trape in big group, free fake calls. "gap down open than buy put below 38800 tgt-38600/38000
Higher gap down opening expected in banknifty. Expected opening near 38500 level. After opening if it is sustain above 38550 level then expected correction movement upto 38950 level. Any bullish side rally only expected if banknifty starts trading and sustain above 39050 level after opening. Further major downside possible if it is starts trading below 38450 level.
In this video I have done banknifty analysis for Monday 10-10-2022 The important support is placed at 38000 Important resistance is placed at 38600 If market sustain below 38000 we may see more down levels and then 38000 will start acting as resistance.
Bank Nifty is currently at a decision point on whether to go up / down from here. 10 EMA pull back in daily chart with the formation of a Hammer Candle gives a higher probability of market moving upside from here. The challenge in moving up is going to be the negative global situation with most of the indices in sell off after US Jobs Data announcement. ...
Banknifty on the weekly time frame has been taking support from its 20 ema and has formed another doji. On the daily time frame, the market has closed below 20 DMA. There is a dragon fly doji but the global markets are negative and Indian indices will follow the global markets. The index has taken resistance from its hourly 200 ema and closed between both the...