Today 05 August 2022, Bank Nifty started from just below the channel crossed it went to the zone of 38270-38132, got rejected from there, broke back the channel and ended below it. Simplly the Power of Zones, hope you loved it. No Major changes for 08 August 2022, Monday, Just the shift of 2 zones and channel. Keep ur money and risk management in control and...
Banknifty consolidated a lot today, but observe the W pattern it has formed. Trade around the zones and levels, don't get carried away with volatile moves.
Hope u traded my levels today, due to high volatility today, levels were breached twice, still it gave good trades. If BNF opens in the drawn channel, kindly dont miss the break out of that channel. Respect the zones and trendlines when u trade.
Bank Nifty is near the upper end of an up trending channel, It did not show any bullish momentum today like Nifty, hence can show a bullish momentum tomorrow. Kindly Follow the levels and zones when u trade.
BANK NIFTY TODAY 25-07-22 Did you observe how bnf respected the zone 36484-36439 and reversed from there precisely. Also it touched the longterm trend line atleast 7 times and crossed it only twice. BANK NIFTY TOMORROW 26-07-22 Now the long term trend line which i am talking about since last 3 sessions will loose its strength as it has been tested multiple times....
Did you observe how bank nifty palyed out around the zones. It consolidated a lot around the long term trendline, which is good for up trend strength. Keep following the levels and trade.
BANK NIFTY TODAY 06-07-22 Bank Nifty remained less volatile than Nifty, but i managed to predict the stops of Banknifty perfectly into my zones, u may have witnessed it today. Started from above my zone of 33771 move up directly to zone 34090-34159, got strong supply giving retracement. Then consolidated on the same zone. Got a good break out of the zone...
NSE:BANKNIFTY Analysis/Prediction for tomorrow 03-06-2022 If price opens in the opening range 🟢 Buy CE, If price closes above 35680 👉 Target should be 36000 🔴 Buy PE, If price closes below 35500 👉 Target should be 35350 For Gap-Up/Gap-Down wait for price action and trade with pice direction. Note: wait for the 5-minute candle to close for confirmation.
The market is likely to go sideways in the First half today, Not Expecting any Big moves The Red Zone is the supply Zone and the Green Zone is the Demand Zone, I plan to buy in the Demand Zone (But not sure), so be active on this post to see my live positions and Trades Do Support by Liking and Commenting on our Post as it motivates us to post more such...