Get started

Bankniftyprediction

FASP levels for Bank Nifty 29/12/2023The FASP for BankNifty is listed for 29-12-2023. You can add this levels to your trade setup for better results. This should not be the only indicator but an additional tool to increase your winning possibilities. What is Fibolysis Anchor SupRes Points(FASP)? It is a unique level arrived by using Fibonacci Retracement , Fibonacci Extension , Standard Pivot levels under various Timeframes. It is an extensively analyzed level to draw the support and resistance levels for the next day. You can use these levels along with your trade setup to increase your winning odds. Validity of the levels: 1 Day How to use these levels? The three levels on both sides are usually easily achievable. The Targets above are bit difficult to achieve in a single trading session. I use this fact to write intraday positions and to buy options. Color Coding: Green is regular support and buying area, Red is strong exit area Disclaimer: This is shared in the interest of educational purpose and for knowledge enhancement. Kindly refer it in the same light. I am not responsible for any profits or loss incurred based on this information.
NSE:BANKNIFTY
by SathishChandrasekaran
BANKNIFTY Intraday Trade Setup For 29 Dec 2023BANKNIFTY Intraday Trade Setup For 29 Dec 2023 Bullish-Above 48350 Invalid-Below 48240 T- 48730 49150 Bearish-Below 47880 Invalid-Above 47990 T- 47570 47207 BANKNIFTY has closed on a positive note with 1.17% gain today. Buy triggered as per trade setup above 47840 and hit our 1st target very smoothly (47840-48347). Tomorrow we can expect bullish continuation as it has closed at ATH. Above 48350 it can test 48750 zone and wild case 49150. Tomorrow it is the last expiry of the year, so may result in some volatility so be very strict with TSLs. 47880 is the level for a downside trigger. Coming to Thursday's trade setup, if index opens flat and a 15 Min candle closes above 48350 then we will long for the target of 48730 and 49150. For selling we need a 15 Min candle close below 47880. T- 47570 and 47200. 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.
NSE:BANKNIFTY
by Omahto
BANKNIFTY Intraday Trade Setup For 27 Dec 2023BANKNIFTY Intraday Trade Setup For 27 Dec 2023 Bullish-Above 47840 Invalid-Below 47730 T- 48220 48632 Bearish-Below 47400 Invalid-Above 47510 T- 47029 46685 BANKNIFTY has closed on a bullish note with 0.49% gain today. Buy triggered as per trade setup which ended with no profit no loss as EOD it near cost. After taking support from previous day low it was completely sideways for the rest of the day. In the weekend analysis we had already discussed that index is contracting in hourly TF so momentum will come after its breakout. Tomorrow 47840 and 47400 are important levels to plan trades. Coming to Wednesday's trade setup, if index opens flat and a 15 Min candle closes above 47840 then we will long for the target of 48220 and 48632. For selling we need a 15 Min candle close below 47400. T- 47029 and 46685. 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.
NSE:BANKNIFTY
by Omahto
BANKNIFTY Intraday Trade Setup For 26 Dec 2023BANKNIFTY Intraday Trade Setup For 26 Dec 2023 Bullish-Above 47750 Invalid-Below 47640 T- 48117 48478 Bearish-Below 47410 Invalid-Above 47520 T- 47050 46720 BANKNIFTY has closed on a slight bearish note with 1.35% cut last week. After 4 weeks of rally it has taken a pause. 48220 is a short term top above which the next leg of rally will be triggered for 50k. 43900 is a major hourly support, breakdown will take BANKNIFTY to 46300 zone for a retest scenario. In hourly TF it more or less contracting to form an apex. 47750 and 47410 are important levels for tomorrow's session. Coming to Tuesday's trade setup, if index opens flat and a 15 Min candle closes above 47750 then we will long for the target of 48117 and 48478. For selling we need a 15 Min candle close below 47410. T- 47050 46720. 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.
NSE:BANKNIFTY
by Omahto
Banknifty - Weekly Analysis & Prediction for 26 to 29th Dec 202Banknifty Prediction for Tuesday and Next Week BEARISH Trend & Strong Trending move is expected I have marked the support and resistance levels in the chart which you it yours and plot the levels on your chart. Also I have marked the direction which Im expecting next week and for tuesday. Demand and Supply Zones - When price breaks the zone, Demand zone will become Resistance and Supply zone will become Support. Refer the chart for detailed Intraday Support and Resistance levels. Happy Trading!!
NSE:BANKNIFTYShort
by ViVenTraders
BANKNIFTY Intraday Trade Setup For 22 Dec 2023BANKNIFTY Intraday Trade Setup For 22 Dec 2023 Bullish-Above 47950 Invalid-Below 47840 T- 48335 48750 Bearish-Below 47330 Invalid-Above 47440 T- 46915 46485 BANKNIFTY has closed on a bullish note with 0.83% gain today. Yesterday it was said that there is a probability of pullback which happened very effectively. Only problem was the gap down opening and sell triggered which hit sl. However 10 o'clock range was to be used and range broke upside above 47250 and reached till yesterday's half bat plotted. As the Vix has shot up the volatility is insane in the last 2-3 days. 47950 and 47330 are important levels for tomorrow's session. Coming to Friday's trade setup, if index opens flat and a 15 Min candle closes above 47950 then we will long for the target of 48335 and 48750. For selling we need a 15 Min candle close below 47330. T- 46915 and 46485. 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.
NSE:BANKNIFTY
by Omahto
FASP levels for Bank Nifty 22/12/2023The FASP for BankNifty is listed for 22-12-2023. You can add this levels to your trade setup for better results. This should not be the only indicator but an additional tool to increase your winning possibilities. What is Fibolysis Anchor SupRes Points(FASP)? It is a unique level arrived by using Fibonacci Retracement , Fibonacci Extension , Standard Pivot levels under various Timeframes. It is an extensively analyzed level to draw the support and resistance levels for the next day. You can use these levels along with your trade setup to increase your winning odds. Validity of the levels: 1 Day How to use these levels? The three levels on both sides are usually easily achievable. The Targets above are bit difficult to achieve in a single trading session. I use this fact to write intraday positions and to buy options. Color Coding: Green is regular support and buying area, Red is strong exit area Disclaimer: This is shared in the interest of educational purpose and for knowledge enhancement. Kindly refer it in the same light. I am not responsible for any profits or loss incurred based on this information.
NSE:BANKNIFTY
by SathishChandrasekaran
BANKNIFTY Intraday Trade Setup For 21 Nov 2023BANKNIFTY Intraday Trade Setup For 21 Nov 2023 Sell_1- From 47805 Invalid-Above 47915 T- 47500 47200 Sell_2- 47200 Invalid-Above 47310 T- 46850 46485 BANKNIFTY has closed on a bold bearish note with 0.89% cut. It opened with a gap up and 10 o'clock range was to be used as per trade setup. Range broke downside below 48015 , last swing high was 48160. Trade gave a mega move till 47203. Tomorrow there is a fair chance of pullback till 47805 and 0.618 can act as an intraday resistance. On a flat opening below 47200 there can be another round of selling. Hourly support lies near 46850 zone. Coming to Thursday's trade setup, if index opens flat and a 15 Min candle close below 47200 then we will short. T- 46850 and 46485. 2nd selling will be from 47805. T- 47500 and 47200. 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.
NSE:BANKNIFTY
by Omahto
FASP levels for Bank Nifty 20/12/2023The FASP for BankNifty is listed for 20-12-2023. You can add this levels to your trade setup for better results. This should not be the only indicator but an additional tool to increase your winning possibilities. What is Fibolysis Anchor SupRes Points(FASP)? It is a unique level arrived by using Fibonacci Retracement , Fibonacci Extension , Standard Pivot levels under various Timeframes. It is an extensively analyzed level to draw the support and resistance levels for the next day. You can use these levels along with your trade setup to increase your winning odds. Validity of the levels: 1 Day How to use these levels? The three levels on both sides are usually easily achievable. The Targets above are bit difficult to achieve in a single trading session. I use this fact to write intraday positions and to buy options. Color Coding: Green is regular support and buying area, Red is strong exit area Disclaimer: This is shared in the interest of educational purpose and for knowledge enhancement. Kindly refer it in the same light. I am not responsible for any profits or loss incurred based on this information.
NSE:BANKNIFTY
by SathishChandrasekaran
BANKNIFTY Intraday Trade Setup For 20 Dec 2023BANKNIFTY Intraday Trade Setup For 20 Dec 2023 Bullish-Above 48020 Invalid-Below 47910 T- 48250 48575 Bearish-Below 47640 Invalid-Above 47750 T- 47420 47160 BANKNIFTY has closed has closed on a flat note today. Sell triggered as per trade setup below 47800 and gave a small move till 47647 then intraday price structure changed and reversed till day high. It has formed a Pin bar candle in daily TF so above 48020 we can expect a good move. For selling 47640 is the level but 47780 will be equally important to watch out. In the coming days 47600 will be an important level in hourly TF. Coming to Wednesday's trade setup, if index opens flat and a 15 Min candle closes above 48020 then we will long for the target of 48250 and 48575. For selling we need a 15 min candle close below 47640. T- 47420 and 47160. 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.
NSE:BANKNIFTY
by Omahto
BANKNIFTY Intraday Trade Setup For 19 Dec 2023BANKNIFTY Intraday Trade Setup For 19 Dec 2023 Bullish-Above 47980 Invalid-Above 47870 T- 48220 48565 Bearish-Below 47800 Invalid-Above 47910 T- 47420 47150 BANKNIFTY has closed on a bearish note with 0.57% cut today. It opened with a slight cut and traded overall in a range. Sell triggered as per trade setup below 47890 which closed near to cost EOD due to the sideways momentum. On a flat opening best trade looks in the sell side. Below 47800 there can be a decent sell off till 47420. For a buying case it has to sustain above 47980. However bullish move with momentum will come above 48220 only. Coming to Tuesday's trade setup, if index opens flat and a 15 Min candle close above 47980 then we will long for the target of 48220 and 48565. For selling we need a 15 min candle close below 47800. T- 47420 and 47150. 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.
NSE:BANKNIFTY
by Omahto
BANKNIFTY Intraday Trade Setup For 18 Dec 2023BANKNIFTY Intraday Trade Setup For 18 Dec 2023 Bullish-Above 48220 Invalid-Below 48110 T- 48565 48920 Bearish-Below 47890 Invalid-Above 48000 T- 47510 47190 BANKNIFTY has closed on a bullish note last week with 1.87% gain last week. It was a bit messy up move as thats how a typical bull run happens. Bulls are ready to take BANKNIFTY till 50650. Till then all dips will be bought. Best outlook is to find bullish reversal trades in intraday if a dip served. No point in looking for reversal positionally till we get a bold bearish candle or sentiment on weekly charts. 48220 and 47890 are important levels for next session. Coming to Monday's trade setup, if index opens flat and a 15 Min candle closes above 48220 then we will long for the target of 48565 and 48920. For selling we need a 15 Min candle close below 47890. T- 47510 and 47190. 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.
NSE:BANKNIFTY
by Omahto
Banknifty Intraday Prediction Levels for 14 Dec 2023The 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.
NSE:BANKNIFTY
by suraranjanganguli