Banknifty Intraday Prediction Levels for 8 Dec 2023Banknifty Intraday Prediction Levels for 8 Dec 2023
The chart indicates 15 min time frame. These Levels act as Support and Resistance according to position of price. These are strictly for Intraday Trading only. Execution only after break out and close above the Resistance zone or break down and close below the Support zone.
These levels act as support and resistance. You have to trade according to level breakout or breakdown.
If you are a new trader then just watch (No Trade) these levels for some days.
Happy trading.
Disclaimer:
I am not a SEBI Registered Analyst. Anything posted here is my own analysis and views. This is created for educational purposes only. Always consult with your Financial Advisor before taking any decision or trade.
Bankniftyprediction
Banknifty Intraday Prediction Levels for 7 Dec 2023Banknifty Intraday Prediction Levels for 7 Dec 2023
The chart indicates 15 min time frame. These Levels act as Support and Resistance according to position of price. These are strictly for Intraday Trading only. Execution only after break out and close above the Resistance zone or break down and close below the Support zone.
These levels act as support and resistance. You have to trade according to level breakout or breakdown.
If you are a new trader then just watch (No Trade) these levels for some days.
Happy trading.
Disclaimer:
I am not a SEBI Registered Analyst. Anything posted here is my own analysis and views. This is created for educational purposes only. Always consult with your Financial Advisor before taking any decision or trade.
BANKNIFTY Intraday Trade Setup For 08 Dec 2023BANKNIFTY Intraday Trade Setup For 08 Dec 2023
Bullish-Above 46930
Invalid-Below 46820
T- 47260 47630
Bearish-Below 46650
Invalid-Above 46760
T- 46347 46040
BANKNIFTY has closed on an absolute flat note today. However the closing sentiment looks a bit bullish as it closed near day high. This bullishness will continue tomorrow above 46930 tomorrow. Our TSL in long (from 44450) is still intact. If a daily candle closes below PDL and below that red candle's low we will exit longs completely. On TSL sentiment will change to slight bearish from bullish. 44930 and 44650 are important levels for tomorrow's session.
Coming to Friday's trade setup, if index opens flat and a 15 Min candle closes above 46930 then we will long for the target of 47260 and 47630.
For selling we need a 15 Min candle close below 46650. T- 46347 and 46040.
In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range (5MIN). Trade on this range breakout.
==========
I am Not SEBI Registered
This is my personal analysis for my personal trading. Kindly consult your financial advisor before taking any actions based on this.
BANKNIFTY Intraday Trade Setup For 07 Dec 2023BANKNIFTY Intraday Trade Setup For 07 Dec 2023
Bullish-Above 46970
Invalid-Below 46860
T- 42260 47630
Bearish-Below 46750
Invalid-Above 46860
T- 46356 45938
BANKNIFTY has closed on a slight bearish note with 0.38% cut today. It traded between yesterday's range the whole day. Bullish sentiment will change when daily candle closes below PDL and that red candle's low will be breached. It can give us a good directional move on the breakout of 47260 and 46750 in 15 MIN TF. Be very alert on downside for a bullish reversal as mother sentiment is bullish. 46970 and 46750 are important levels for tomorrow's session.
Coming to Thursday's trade setup, if index opens flat and a 15 Min candle closes above 47260 then we will long for the target of 47630 and 48030.
For selling we need a 15 Min candle close below 46750. T- 46356 45938.
In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range (5MIN). Trade on this range breakout.
==========
I am Not SEBI Registered
This is my personal analysis for my personal trading. Kindly consult your financial advisor before taking any actions based on this.
BANKNIFTY Intraday Trade Setup For 06 Dec 2023BANKNIFTY Intraday Trade Setup For 06 Dec 2023
Bullish-Above 47240
Invalid-Below 47130
T- 47630 48030
Bearish-Below 46730
Invalid-Above 46840
T- 43356 45938
BANKNIFTY has closed on a bullish note once again with 1.25% gain today. It opened with a huge gap up opening and 10 o'clock range was to be used as per setup. Range broke upside above 46980 and gave a move till 47230. It has formed an symmetrical triangle in 15 Min TF, breakout will lead to a fresh move either side. 47240 and 46730 are important levels for tomorrow's session.
Coming to Wednesday's trade setup, if index opens flat and a 15 Min candle closes above 47240 then we will long for the target of 47630 and 48030.
For selling we need a 15 Min candle close below 46730. T- 46356 and 45938.
In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range (5MIN). Trade on this range breakout.
==========
I am Not SEBI Registered
This is my personal analysis for my personal trading. Kindly consult your financial advisor before taking any actions based on this.
Banknifty Intraday Prediction Levels for 6 Dec 2023Banknifty Intraday Prediction Levels for 6 Dec 2023
The chart indicates 15 min time frame. These Levels act as Support and Resistance according to position of price. These are strictly for Intraday Trading only. Execution only after break out and close above the Resistance zone or break down and close below the Support zone.
These levels act as support and resistance. You have to trade according to level breakout or breakdown.
If you are a new trader then just watch (No Trade) these levels for some days.
Happy trading.
Disclaimer:
I am not a SEBI Registered Analyst. Anything posted here is my own analysis and views. This is created for educational purposes only. Always consult with your Financial Advisor before taking any decision or trade.
Banknifty Intraday Prediction Levels for 5 Dec 2023Banknifty Intraday Prediction Levels for 5 Dec 2023
The chart indicates 15 min time frame. These Levels act as Support and Resistance according to position of price . These are strictly for Intraday Trading only. Execution only after break out and close above the Resistance zone/ Line or break down and close below the Support zone/ Line.
These levels act as support and resistance. You have to trade according to level breakout or breakdown.
If You are a new trader then just watch (No Trade) these levels for some days.
Happy trading.
Disclaimer:
I am not a SEBI Registered Analyst. Anything posted here is my own analysis and views. This is created for educational purposes only. Always consult your Financial Advisor before taking any decision or trade.
BANKNIFTY Intraday Trade Setup For 05 Dec 2023BANKNIFTY Intraday Trade Setup For 05 Dec 2023
Buy_1-Above 46490
Invalid-Below 46380
T- 46775 47060
Buy_2- From 45837
Invalid-Below 45727
T- 46160 46500
BANKNIFTY has closed at a record high today with 3.61% mega gain today. Our swing long position which we planned on 27 Nov above 44450 was triggered on 29 Nov. Expected target was a fresh ATH which is met today. In 4 sessions it has given more than 2000 points gain. One can book max gain here and rest trail till bullish price structure is intact in hourly TF. Tomorrow there is a possibility of a pullback. In tomorrow's dip idea will be to long on a bullish reversal price structure in 5 Min TF.
Coming to Tuesday's trade setup, if index opens flat and a 15 Min candle closes above 46490 then we will long for the target of 46775 and 47060.
We will buy from 45840 if tested for the target of 46160 and 46500.
In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range (5MIN). Trade on this range breakout.
==========
I am Not SEBI Registered
This is my personal analysis for my personal trading. Kindly consult your financial advisor before taking any actions based on this.
Bank Nifty Intraday Prediction Levels for 4 Dec 2023Banknifty Intraday Prediction Levels for 4 Dec 2023
The chart indicates 15 min time frame. These Levels act as Support and Resistance according to position of price. They are strictly for Intraday Trading only. Execution only after break out and close above the Resistance zone or break down and close below the Support zone.
These levels act as support and resistance. You have to trade according to level breakout or breakdown.
If you are a new trader then just watch (No Trade) these levels for some days.
Happy trading.
Disclaimer:
I am not a SEBI Registered Analyst. Anything posted here is my own analysis and views. This is created for educational purposes only. Always consult with your Financial Advisor before taking any decision or trade.
Banknifty weekly analysis for 04/12/23.A 1000 points move in one week and the market is giving a nice bullish move.
On the daily charts, the market has tested the 45k levels this week and closed around 43800 levels.
Nifty is trading around the ALL Time high but banknifty is still 1500 points lower than its ATH.
There are chances of banknifty also forming a new ATH.
Major trading levels for this week.
Support :- 44700, 44450, 44300
Resistance :- 45000, 45200, 45850
Market looks bullish as per the weekly closing and in December month banknifty can form a new ATH.
Wait for the price action near the levels before entering the market.
Will Bank Nifty break its ATH?An inverted Head and Shoulder pattern activated on the daily charts of Banknifty after completing the restesting of 200 Daily Moving Average (DMA). It is very very good sign which confirms that bank nifty may breach its all time high as nifty has already did.
All the traders who are aware, they know the imapct of the pattern and its results....
BANKNIFTY Intraday Trade Setup For 04 Dec 2023BANKNIFTY Intraday Trade Setup For 04 Dec 2023
Bullish-Above 44960
Invalid-Below 44850
T- 45281 45611
Bearish-Below 44750
Invalid-Below 44860
T- 44460 44120
BANKNIFTY has closed on a bullish note last week with 2.39% gain. Last week we discussed that 44450 is an important swing for a upside journey. Till now index has given almost 500 points run. One should trail with PDL on closing basis, below that red candle's low we will exit longs completely. Tomorrow above 44960 we will plan a bullish trade. In case 44750 is broken and bearish price structure in 5 Min TF is established.
Coming to Monday's trade setup, if index opens flat and a 15 Min candle closes above 44960 then we will long for the target of 45281 and 45611.
For selling we need a 15 Min candle close below 44750. T- 44460 and 44120.
In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range (5MIN). Trade on this range breakout.
==========
I am Not SEBI Registered
This is my personal analysis for my personal trading. Kindly consult your financial advisor before taking any actions based on this.
Banknifty Intraday Prediction Levels for 1 Dec 2023Banknifty Intraday Prediction Levels for 1 Dec 2023
The chart indicates 15 min time frame. These Levels act as Support and Resistance according to position of price . They are strictly for Intraday Trading only. Execution only after break and close above the Resistance zone/Line or below the Support zone/Line.
Major Resistances- 43220,43310,43365,43500,43620,43700,43750,43910,44000,…
Major Supports- 42890,42775,42680,42630,42480,42380,42250,42085,41980,41850,…
These levels act as support and resistance. You have to trade according to level breakout or breakdown.
If You are a new trader then just watch ( No Trade) these levels for some days.
Happy trading.
Disclaimer:
I am not a SEBI Registered Analyst. Anything posted here is my own analysis and views. This is created for educational purposes only. Always consult your Financial Advisor before taking any decision or trade.
BANKNIFTY Intraday Trade Setup For 01 Dec 2023BANKNIFTY Intraday Trade Setup For 01 Dec 2023
Bullish-Above 44770
Invalid-Above 44880
T- 45080 45345
Bearish-Below 44250
Invalid-Above 44360
T- 43980 43710
BANKNIFTY has closed on a slight bearish note with 0.19% cut today. Now next round of up move will resume above 44770 only. Today it traded between buy and sell level for the whole day. There can be a very good trendy move with momentum above today's high. Below 44250 it will give a downside move. In between it is risky to trade as it be a zoned market between today's high and low.
Coming to Friday's trade setup, if index opens flat and a 15 Min candle closes above 44770 then we will long for the target of 45080 and 45345.
For selling we need a 15 Min candle close below 44250. T- 43980 and 43710.
In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range (5MIN). Trade on this range breakout.
==========
I am Not SEBI Registered
This is my personal analysis for my personal trading. Kindly consult your financial advisor before taking any actions based on this.
Banknifty Analysis for 30th Nov 2023.If Banknifty open above 44600 and sustains and go above 44650 then 45000 will our target on 30th nov 2023.
If Banknifty fall below 44500 and going down then 44300 will be our tgt toward down side on 30th nov 2023.
My View :-Banknifty will go down after 10:00 AM.
Note:- This Analysis is only for educational purpose. I am not sebi registered advisor. trade as per your financial advisor. I will not be responsible for any losses.
BANKNIFTY Intraday Trade Setup For 30 Nov 2023BANKNIFTY Intraday Trade Setup For 30 Nov 2023
Bullish-Above 44640
Invalid-Below 44530
T- 44915 45160
Bearish-Below 44300
Invalid-Above 44410
T- 44058 43790
BANKNIFTY has closed on a bold bullish note with more than 1.5% gain today. Important swing high 44450 was broke today. Now index has changed its daily TF structure into bullish. Index looks ready to test 45850 and may be a fresh ATH. Today it opened with gap up above our buy level so 10 o'clock range was to be used. Range broke upside above 44140 and gave a fantastic move till 44630.
Coming to Thursday's trade setup, if index opens flat and a 15 Min candle closes above 44640 then we will long for the target of 44915 and 45160.
For selling we need a 15 Min candle close below 44300. T- 44058 and 43790.
In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range (5MIN). Trade on this range breakout.
==========
I am Not SEBI Registered
This is my personal analysis for my personal trading. Kindly consult your financial advisor before taking any actions based on this.
BANKNIFTY Intraday Trade Setup For 29 Nov 2023BANKNIFTY Intraday Trade Setup For 29 Nov 2023
Bullish-Above 43970
Invalid-Below 43860
T- 44235 44510
Bearish-Below 43800
Invalid-Above 43910
T- 43588 43330
BANKNIFTY has closed on a slight bullish note with 0.26% gain today. Buy triggered as per trade setup above 43810 and gave a small move till 43960. Momentum was really yuck. This dead momentum will continue for this week too. I have already reduced my position sizing for directional trades since last week you should do the same. Till the time Vix starts its journey towards 15, momentum will be dull. 43970 and 43800 are important levels for tomorrow's session.
Coming to Wednesday's trade setup, if index opens flat and a 15 Min candle closes above 43970 then we will long for the target of 44235 and 44510.
For selling we need a 15 Min candle close below 43800. T- 43588 and 43330.
In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range (5MIN). Trade on this range breakout.
==========
I am Not SEBI Registered
This is my personal analysis for my personal trading. Kindly consult your financial advisor before taking any actions based on this.
Banknifty intraday levels for 29/11/23.Banknifty major levels
Support :- 43860, 43750, 43580.
Resistance :- 43980, 44080, 44180.
Market seems to go bullish as per the daily closing and there are chance of market picking up momentum after cross the round number of 44k.
Wait for the price action near the levels before entering the market.
BANKNIFTY Intraday Trade Setup For 28 Nov 2023BANKNIFTY Intraday Trade Setup For 28 Nov 2023
Bullish-Above 43810
Invalid-Below 43700
T- 44080 44285
Bearish-Below 43580
Invalid-Above 43690
T- 43330 43085
BANKNIFTY has closed with a slight gain of 0.42% last week. Last week it was discussed that index momentum will be complete sideways till Nov monthly candle closes at a good level to trigger any direction. So has happened and so will happen this weak too. Stay cautious for intraday as momentum is dead. Important level is 44450 for an upside trigger and 43200 being the downside trigger level. 43810 and 43580 are important levels for next session.
Coming to Tuesday's trade setup, if index opens flat and a 15 Min candle closes above 43810 then we will long for the target of 44080 and 44285.
For selling we need a 15 Min candle close below 43580. T- 43330 and 43085.
In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range (5MIN). Trade on this range breakout.
==========
I am Not SEBI Registered
This is my personal analysis for my personal trading. Kindly consult your financial advisor before taking any actions based on this.
BANKNIFTY Intraday Trade Setup For 24 Nov 2023BANKNIFTY Intraday Trade Setup For 24 Nov 2023
Bullish-Above 43650
Invalid-Below 43540
T- 43853 44055
Bearish-Below 43450
Invalid-Above 43560
T- 43230 42948
BANKNIFTY has closed with a slight gain of 0.29% yesterday. Buy triggered above 43510 last day which gave a small move till 43649. It was all sideways yesterday, momentum was dead. Above today's high on a flat opening we ca see a good upside move, so 43650 is very important. Now for a bearish trade 43450 is the level to look for breakout. In between we will be neutral and will avoid any directional anticipation.
Coming to Friday's trade setup, if index opens flat and a 15 Min candle closes above 43650 then we will long for the target of 43853 and 44055.
For selling we need a 15 Min candle close below 43450. T- 43230 and 42948.
In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range (5MIN). Trade on this range breakout.
==========
I am Not SEBI Registered
This is my personal analysis for my personal trading. Kindly consult your financial advisor before taking any actions based on this.
BANKNIFTY Intraday Trade Setup For 23 Nov 2023BANKNIFTY Intraday Trade Setup For 23 Nov 2023
Bullish-Above 43515
Invalid-Below 43405
T- 43778 44031
Bearish-Below 43230
Invalid-Above 43340
T- 42948 42665
BANKNIFTY has closed on a bearish note with 0.55% cut today. Sell triggered as per trade setup below 43580 and gave a fantastic move till 43231.We already discussed yesterday that below 43660 bears will take charge so has happened. Tomorrow bearish move will continue below 43230 towards 42948. For a bullish move index has to make a bullish price structure above 43515, has to sustain.
Coming to Thursday's trade setup, if index opens flat and a 15 Min candle closes above 43515 then we will long for the target of 43778 and 44031.
For selling we need a 15 min candle close below 43230. T- 42948 42665.
In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range (5MIN). Trade on this range breakout.
==========
I am Not SEBI Registered
This is my personal analysis for my personal trading. Kindly consult your financial advisor before taking any actions based on this.