Hello Traders, +++++++++++ #BankNifty-04/07/2022-Levels ------------------------------------- If Market Opens as a- GAP-UP: Support of PDH (BUY) – Rejection of R@1 (SELL) FLAT: Support of PDH (BUY) – Rejection of PWC (SELL) GAP-DOWN: Support of IMP (BUY) – Rejection of IMP (SELL) _______________________ Happy Learning and Trading Rules to fallow... 1) ...
Banknifty on monthly time frame has given a bearish candle and has closed just below its 20 ema. The markets looks bearish on the higher time frame. The markets have tested its 0.382 fib level (weekly time frame) and has closed below it. It is facing a constant resistance from its 20 DMA. Banknifty has consolidated for 3 days and can give a trending market in...
BankNifty Possible Trade on Monday When to Buy Call Option in Niftybank – Trade Entry – If Niftybank Sustain Above Resistance Zone (33730 – 33700) You Can Buy ATM CALL OPTION Trade Target – For upside First Target for Niftybank is 34100 and Second Target is 34350 Trade Stoploss – If...
Banknifty has formed an engulfing candle. It remained in bull trend after and initial gap down and gained 500+ points from days low. On hourly analysis the markets remained in a uptrend and closed above 33500. On 15 minute time frame, the moving averages are close and it has closed above the EMAs Support:- 33520, 33210 Resistance:- 33750, 33970-34000 Wait for...
Hello Traders, +++++++++++ #BankNifty-01/07/2022-Levels ------------------------------------- If Market Opens as a- GAP-UP: Support of R@1 (BUY) – Rejection of R@1 (SELL) FLAT: Support of IMP (BUY) – Rejection of S@1 (SELL) GAP-DOWN: Support of PDL (BUY) – Rejection of PDL (SELL) _______________________ Happy Learning and Trading Rules to fallow... 1) ...
BankNifty opened flat at 33226 and we saw a rally in the morning towards 33660, which acted as profit booking zones and we saw more than 300 points from the day's high. After 11:00, it was a range-bound session. Tomorrow if BankNifty sustains below 33180, we can expect a downmove. Expectations for Tomorrow: Volatile day. Intraday Levels: Buy Above 33520 Sell...
BankNifty Possible Trade for Tomorrow (BankNifty me Kal Konsa Trade Le sakte hai ) When to Buy Call Option in Niftybank – Trade Entry – If Niftybank Sustain Above Support Zone (33230 – 33178) You Can Buy ATM CALL OPTION Trade Target – For upside First Target for Niftybank is 33400 and Second Target is 33500 Trade Stoploss – If any 30 min candle Closes Below...
Banknifty on a monthly candle has closed below its 20 ema and has fallen 5.8% on month to month. Still Banknifty couldn’t close above its 20DMA. On 15 minute time frame, there is a bearish moving average crossover and the market took a nice resistance from its 20ema. Support:- 33210, 33370, Resistance:- 33480, 33520, 33750 There is no clear trend for market...
Banknifty Future Resistance 33500-33850 Support 33200-32900. Trade As Per Levels.
Today will be gap down opening in banknifty. Expected opening near 33000 level. After opening in case banknifty starts trading below 32950 level then expected further downside upto 400-500 points. Strong upside only possible if it is starts trading and sustain above 33550 level.
Bank Nifty after a Gap Down only was totally in Range Bound and i Anticipate good correction for tomorrow being an Monthly Expiry Day. Once 33123 level is broken then 32797 or 32650 should be the Next Support levels. Happy Trading
Hello Traders, +++++++++++ #BankNifty-30/06/2022-Levels ------------------------------------- If Market Opens as a- GAP-UP: Support of PDH (BUY) – Rejection of R@1 (SELL) FLAT: Support of IMP (BUY) – Rejection of PDL (SELL) GAP-DOWN: Support of S@1 (BUY) – Rejection of PDL (SELL) _______________________ Happy Learning and Trading Rules to fallow... 1) ...
BankNifty opened with a gap-down at 33342 and formed a low at 33187 which provided a cushion to BankNifty and we saw an upside towards 33420. This again acted as rejection point and we saw a range-bound trading session in BankNifty. Tomorrow if BankNifty sustains below 33180, we can expect a downmove. Expectations for Tomorrow: Range-bound movement, Volatality...
Banknifty on a daily closing has formed a doji. Banknifty looks weak than nifty and has tested its 0.618 fib level of recent swing. Bank nifty traded in a narrow range. On 15 minute time frame, there is a bearish moving average crossover and the market took a nice resistance from its 20ema. Support:- 33210, 33000, 32950 Resistance:- 33450, 33520,...
Today will be gap down opening in banknifty. After opening if starts trading below 33450 level then expected further downside upto 33050 level. Any upside movement only expected in case banknifty sustain above 33550 level.
Banknifty has formed a squeezed pattern between a triangle. Tomorrow we can see a good move in bank nifty, kindly trade only from the levels and zones, don't jump in impulsively.
Banknifty opened around the level of 33580 and consolidated whole day. Banknifty is weaker than nifty and have closed below its 20 DMA. The market consolidated around the 20 ema on hourly time frame and in the few minutes crossed and closed above it. On 15 minute time frame, it closed around 20 ema. Support:- 33520, 33450, 33210 Resistance:-33700-50, 33954,...
Sell BankNifty near 33600 with the SL of 33720. To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team