Hello Traders, +++++++++++ #BankNifty-21/06/2022-Levels ----------------------------------- If Market Opens as a- GAP-UP: Support of PDH (BUY) – Rejection of PDH (SELL) FLAT: Support of PWC (BUY) – Rejection of PDC (SELL) GAP-DOWN: Support of S@1 (BUY) – Rejection of S@1 (SELL) _______________________ ...
BankNifty opened with a gap-down around 32490 and after making a low at 32190 we saw a sharp bounce towards 32800 zones and then BankNifty was trading in 300 points range with volatality. Tomorrow if BankNifty sustains above 32900, we can expect an upmove. Expectations for Tomorrow: Volatile day. Intraday Levels: Buy Above 32900 Sell Below 32480 To motivate...
Levels are marked on the chart. One needs to be extra cautious in such a bearish and volatile market. Keep SL in every trade.
BNF today bounced twice from my 32499 zone. Once it bounced up and gave 390 pts and then again at day end it bounced and gave 300 pts. Best of Luck for tomorrow.
Banknifty has traded in red last week, it may consolidate and might give some retracement. Market consolidated today and took support from its 32450 support On an hourly time frame, market couldn’t cross its 20 ema and closed with some minor fall of 50-60 points The market moved on the upper side and crossed its 20 ema on 15 minute time frame. Support:- 32450,...
Hello Traders, +++++++++++ #BankNifty-20/06/2022-#Report ---------------------------------------- Opened as a Gap-Up, below PDH. Market broken PWC, PDC, and IMP-Zone. Then went to S@1-Zone and reversed. Finally closed Above IMP. -> I hope you all like my analysis. Follow me to get regular updates. -> Please do share your thoughts in comment...
Today will be slightly gap down opening in banknifty. After opening expected further downside upto 32550 level and this can be extend for another 400-500 points in case banknifty starts trading below 32450 level. Any positive side movement only possible if banknifty starts trading and sustain above 33050 level.
Hello Traders, +++++++++++ #Bank Nifty-20/06/2022-Levels ----------------------------------- If Market Opens as a- GAP-UP: Support of R@1 (BUY) – Rejection of PDH (SELL) FLAT: Support of PDH (BUY) – Rejection of IMP (SELL) GAP-DOWN: Support of S@1 (BUY) – Rejection of S@1 (SELL) _______________________ ...
BANK NIFTY TODAY 17-06-22 Whole day Bank Nifty was stuck between my zone 32772-32662, it tried breaking it multiple times, but was in vain. #POWER OF TECHNICAL ANALYSIS BANK NIFTY ON MONDAY 20-06-22 This consolidation may break and bring it down towards 32000 very soon, after breaking the 32499-32335 zone, with a strong momentum candle.
Today will be slightly gap up opening in banknifty. Upside 32950 level will act as an immediate resistance for today's session. Expected further downside from this level and this can be extend for 400-500 points in case banknifty starts trading below 32450 level.
I’ve marked the dates where 200 EMA support taken in previous years 2009, 2012, 2016 and 2020. Now after 2 years market came close to that level 30500~. Nice triangle has been formed in weekly chart and might break. Immediate target could be 32120~. This is just my analysis and for educational purpose only. Please consult with your financial advisor before...
BankNifty opened falt around 33350 and after making a low near 33250 we saw some recovery towards 33550 zones but that acted as rejection and BankNifty was trading in 300 points range. Tomorrow if BankNifty sustains below 33120, we can expect a further down-move. Expectations for Tomorrow: Range-bound movement, Volatality after 1:15 PM. Intraday Levels: Buy...
Banknifty has formed a bearish engulfing candle and closed far below its opening. Both the indices were in red. On an hourly time frame, market could sustain its 20 ema and fell around 720 point on daily closing. Markets fell around 1100+ points from its day high. Support:- 32450, 32170 Resistance:- 33020, 33210 There is negative sentiment due to the...
NSE:BANKNIFTY1! 📊 Each levels Act as support and resistance 📈📉. One can trade on 3min, 5min and 15 min as per their trade set up. For reference, one can check our old published ideas. If any candle taking support from any level then try to identify that is that reversal candle at support or what if that is reversal candle then go long above that reversal candle...
CALL SIDE TRADE Trade Entry – If Banknifty Sustain Above Support (33250 ) You Can Buy ATM call Option – Trade Target – For upside First Target for Banknifty is 33700 and Second Target is 34100 Trade Stoploss – If any 30 min candle Closes Below 3417 or max . 30 Points PUT SIDE TRADE Trade Entry – If Banknifty Sustain below 33170 or Closes any one Hour Candle...
BANK NIFTY TODAY - 15 June 2022 Whole day it remained between the 33285-33160 zone and 33606 resistance line, just around down trending channel. BANK NIFTY FOR TOMMOROW - 16 JUNE 2022 Best of Luck for tomorrow as its expiry.
BankNifty opened with a gap-down around 33188 and after making a low near 33120 we saw approx 500 bounce from lower levels which took BankNifty towards 33610 zones but we again saw rejection at higher levels. Tomorrow if BankNifty sustains below 33120, we can expect a further down-move. Expectations for Tomorrow: Volatile day. Intraday Levels: Buy Above...
Banknifty has formed an inside candle and closed flat with just 27 points gains Both the indices consolidated in a range and gave a flat closing. The market consolidated while day near 15 minute 20 ema and closed below it. The range is wide and tomorrow is weekly expiry. Watch for a break out/ down as market can be trending in the second half. Support:- 33210,...