Good morning! As of May 25th, there are no significant differences compared to the previous day. The global market has shown a negative start with a bearish market nature. There may be a gap-down at the beginning. After that, if it consolidates or breaks the major key zone, we can anticipate a continuation of the correction. On the other hand, the ABC structure...
Today will be gap Down opening in BANKNIFTY . After opening if banknifty start trading below 43450 level then possible downside rally of 400-500 points upto 43050 Level. if banknifty start trading above 43550 level possible upside rally upto 43950. also possible Downside 43950 level.
Bank Nifty is still in symmetrical triangle pattern, buying opportunity on lower levels, keep an eye on breakdown and breakout levels, this is my view on Bank Nifty only for educational purpose, tell me your views in comments
BANKNIFTY Intraday Trade Setup For 25 May 2023 Buy-Above 43855 Sl-43750 T- 44100 43305 Sell-Below 43635 Sl-43740 T- 43425 43235 BANKNIFTY has closed on a bearish note with 0.63% cut today. It opened with a decent gap down and 10 o'clock range broke upside above 43920 and gave around 90 points gain. Later sell triggered below 43850 and hit our 1st target very...
Today will be gap Down opening in BANKNIFTY . After opening if banknifty Start trading below 43950 level then possible downside rally of 400-500 points upto 43550 Level. And this rally can extend for another 400 points if it gives breakout of 43450 level. Any Major upside only expected in case banknifty starts trading above 44050 level.
BN is at the verge of dropping another 500 points till 43200, if not able to hold 22 May 2023 swing i.e. 43680. If crosses then, possible target should be 43500/ 43200.
The FASP for BankNifty is listed for 24-05-2023. 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...
BANKNIFTY Intraday Trade Setup For 24 May 2023 Buy-Above 44100 Sl-43995 T- 44305 44555 Sell-Below 43850 Sl-43955 T- 43670 43480 BAKNIFTY has closed with a slight gain 0.16% gain today. It was complete sideways market, except the last 45 Min small downside move. Buy triggered as per trade setup but it just consolidated at buying price almost the whole day which...
bank nifty is forming rising wedge pattern (blank line) and double top (M) green line and there is a strong support trendline. If the support trendline is broken at 43888 level then possibility of reaching 43333 is high. if it takes support at 43888 level then market might retest and try to break all-time high. Don't be bullish or bearish trade with the market...
BankNifty Trading Levels For Tomorrow’s Trading Session Resistance 44150-44200 Towards Target of 44400 With SL of 44100 Support 43550-43500 Towards Target of 43300 With SL 43570
Today will be gap up opening in BANKNIFTY . After opening if banknifty sustain above 44050 level then possible upside rally of 400-500 points upto 44450 Level. And this rally can extend for another 400 points if it gives breakout of 44550 level. Any Major downside only expected in case banknifty starts trading below 43950 level.
Bank Nifty already retest its all time high and already spending so much time near resistance zone so now it is ready for a big move, get ready for a rocket move as per my vie w, please share your views in comments
The FASP for BankNifty is listed for 23-05-2023. 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...
BANKNIFTY Intraday Trade Setup For 23 May 2023 Buy-Above 44030 Sl-43925 T- 44305 44555 Sell-Below 43680 Sl-43785 T- 43480 43275 BANKNIFTY has closed with a slight cut of 0.19% today. Last day it formed a Pin bar and we anticipated a bullish momentum above its high. It did not trigger our buy level as 15 Min candle did not close. Later sell triggered below 43790...
BankNifty Trading Levels For Tomorrow’s Trading Session Resistance 44150-44200 Towards Target of 44400 With SL of 44100 Support 43550-43500 Towards Target of 43350 With SL 43570
banknifty opens a gap up possibly it can open at 44144 level and it will retest 44044 level before going for all time high. banknifty opens a gap down then possibly of opening gap down at 43880 level. if it's opens flag it will try to break the 44044 and 44132 level and can take reversal at 44184 level by 10 AM. Buy above 440057(43900 CE) Target...
Today will be FLAT opening in BANKNIFTY . After opening if banknifty start trading above 44050 level then possible upside rally of 400-500 points upto 44450 Level. in case banknifty starts trading below 43950 level possible downside rally upto 43550 level.
BANKNIFTY Intraday Trade Setup For 22 May 2023 Buy-Above 44021 Sl-43915 T- 44305 44555 Sell-Below 43790 Sl-43900 T- 43530 43290 BANKNIFTY has closed on bullish note last day and week with 0.5% and 0.4% gain respectively. Last week it traded within a range of 750 points. 44160 and 43440 are important levels and hourly range. Breakout of this range will give us a...