Hello Traders,
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#BankNifty-04/05/2022-#Report
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Opened as a Gap-Up, above PDH. Market was broken PDH, PWC, IMP, PWO, PDL, PWL and S@1-Zones then went to S@2-Zone and reversed.
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Today will be slightly gap up opening expected in banknifty. After opening possible upside rally upto 36450 level. For today's session, 36450 level will act as an immediate upside resistance. Expected reversal from this level. Downside 400-500 points possible if banknifty starts trading below 35950 level.
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 has Based on Harmonic Pattern, Fibo & Price action.
Note:- Any of the mentioned levels will be considered for LONG or SHORT, when a fresh candle starts forming above or below the level respectively. Can be used lower...
Hello Traders,
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#BankNifty-03/05/2022-Levels
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If Market Opens as a-
GAP-UP: Support of PDH (BUY) – Rejection of PDH (SELL)
FLAT: Support of PDH (BUY) – Rejection of IMP (SELL)
GAP-DOWN: Support of IMP (BUY) – Rejection of IMP (SELL)
_______________________
Happy Learning and Trading
Rules to fallow...
1)...
BankNifty opened with a gap-up around 36500, after some consolidation it went high towards 36700 which acted as profit booking zone and we saw 700 points sharp fall.
Trades we took on Expiry day, 13th April-
> Bought BankNifty 36600 CE at 350, it went above our 1st Target of 400 and Traders booked profit
> Bought BankNifty 36600 CE again at 320, it went above...
Bank nifty has given a strong closing below its resistance levels of 36200.
Market are taking resistance from its 200 ema on daily time frame and 20 ema on hourly time frame.
On 15 minute time frame, the market has closed between its 20 and 200 ema
Support :- 36000, 35700
Resistance :- 36200, 36290, 36580
Markets has given a bullish movement in the last hour...
Hello Traders,
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#BankNifty-02/05/2022-#Report
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Opened as a Gap-Down, above S@1-Zone. Market was broken PWO, PDL, PWC. Finally closed above PWC.
I hope you all like my analysis. Follow me to get regular updates.
Please do share your thoughts in comment...
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 has Based on Harmonic Pattern, Fibo & Price action.
Note:- Any of the mentioned levels will be considered for LONG or SHORT, when a fresh candle starts forming above or below the level respectively. Can be used lower...
Today will be gap down opening in banknifty. After opening expected further downside upto 35550 level. This downside can extend for further 400-500+ points in case banknifty not sustain above this level and starts trading below 35450 level. Any upside movement only possible if banknifty starts trading above 36050 level.
Hello Traders,
+++++++++++
#BankNifty-01/05/2022-Levels
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If Market Opens as a-
GAP-UP: Support of IMP (BUY) – Rejection of IMP (SELL)
FLAT: Support of IMP (BUY) – Rejection of PDL (SELL)
GAP-DOWN: Support of PDL (BUY) – Rejection of PDL (SELL)
_______________________
Happy Learning and Trading
Rules to fallow...
1)...
Banknifty on monthly analysis has formed a spinning top kind of a candle and market are still in confusion.
The market has been volatile and can remain the same as trend is yet to be decided.
On a daily time frame, it has closed below its 20 and 200 ema and has been trading in a range.
Support :- 36000, 35750
Resistance :- 36200, 36580
The market can still...
02 May 2022 BankNifty Important key levels to watch
Bank Nifty levels Analysis with Support And Resistance
Bank Nifty index Intraday Important breakout key levels | Trade Kaise Le
For More Details - Search in Google - Manoj Shinde 27485
BankNifty opened with a gap-up around 36240, we saw some selling in the morning Banknifty made a low in 35950 zones and we saw a great bounce from lower levels. BankNifty gave a trending move for more than 500 points from the day low.
Trades we took on Expiry day, 13th April-
> Bought BankNifty 36500 PE at 350, it went above our Last Target of 450 and Traders...
Hello Traders,
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#BankNifty-29/04/2022-#Report
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Opened as a Gap-Up, above PDH. Market went to R@2-Zone and reversed.
Finally closed above PWC.
I hope you all like my analysis. Follow me to get regular updates.
Please do share your thoughts in comment...
![BANKNIFTY: [INTRADAY] #BANKNIFTY PE & CE Levels(04/05/2022)](https://s3.tradingview.com/r/REf178tg_mid.png "[INTRADAY] #BANKNIFTY PE & CE Levels(04/05/2022)")
![BANKNIFTY: [INTRADAY] #BANKNIFTY PE & CE Levels(02/05/2022)](https://s3.tradingview.com/0/0EY0rE5P_mid.png "[INTRADAY] #BANKNIFTY PE & CE Levels(02/05/2022)")
