Today will be a gap up opening in BANKNIFTY. Expected opening 41500 Level. After opening if banknifty sustain above this level then possible upside rally of 400-500 points upto 41950 Level. And this rally can extend for another 400 points if it gives breakout of 42050 level. Any Major downside only expected in case banknifty starts trading below 41450 level.
#banknifty - the global market indicates a positive start. The market nature is moderately bullish. It may start with Gap-up. After that, if the market rejects around hsz to swing high, then we will expect a minor correction. On the other hand, if the initial market declines sharply, then we will expect a correction. That should break the fib level of 38%.
BANKNIFTY Intraday Trade Setup For 7 Feb 2023 Buy-Above 41550 Sl-41440 T-41779 42000 Sell-Below 41260 Sl-41370 T-41050 40839 BANKNIFTY has closed on a slight bearish sentiment today with 0.3% cut. Overall it just traded at 41400 the whole day as straddle were opened. Today it opened flat and buy triggered as per trade setup but due to huge volatility 110 points...
The index is making higher lows formation. Today the entire time it was trading within a range. I have mentioned important price action in the chart
The global market indicates a neutral start. The market nature is range bound. It may start with neutral. After that, if the market rejects around hsz to swing high, then we will expect a minor correction. On the other hand, if the initial market declines sharply, then we will expect a correction. That should break the fib level of 38%.
BANKNIFTY Intraday Trade Setup For 6 Feb 2023 Buy-Above 41540 Sl-41430 T-42000 42550+ Sell-Below 40600 Sl-40710 T- 40350 40050 BANKNIFTY has closed on a bullish sentiment with more than 2% on Friday. Weekly candle has closed almost at 50% of the previous red candle with 2.86% gain. Market is still inside inside the Budget day wide range. So my view as of now is...
Resistance level:41455.95 Support level : 40803.25 ****Fib Retracement levels will act as the support or resistance**** If candles are sustaining or break above resistance level , we can expect upside move and the targets will be fib retracement levels as per chart If candles are sustaining between resistance and support levels, consider as neutral If candles...
As per Harmonic PRZ pattern, BANKNIFY may go to 42657 if sustain above 42051 in next week
The FASP for BankNifty is listed for 06-02-2023 . 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...
The FASP for BankNifty is listed for 06-02-2023 . 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...
Banknifty key support and Resistance for Intraday trading 06 feb 2023 Banknifty Trading Setup For 06 Feb 2023 Weekly Expiry on 09 Feb 2023 India Vix Closing – 14.73 Support Zones Frist Support Level For For Long Banknifty - 41057 - 41086 Second Support Level For Long Banknifty - 40760 -...
06-02-2023 Big Breakout in 15 mnts Time Format best analysis don't miss guys.
SGX nifty indicates a positive start. The market nature is moderately bullish. It may start with a gap-up. After that, if the market takes a minor correction, that's a sign of pullback continuation, it will reach 61 to 78%. On the other hand, if the market rejects sharply around 61 to 78 then we expect correction continuation. It should break fib level 38%.
The FASP for BankNifty is listed for 03-02-2023 . 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...
BANKNIFTY Intraday Trade Setup For 3 Feb 2023 Buy-Above 40760 Sl-40650 T-41110 41475 Sell-Below 40065 Sl-40180 T-37943 39420 BANKNIFTY has closed with slight gain of 0.39% gain today. It has closed near day which is a bullish indication. This bullishness will continue above today's high. But whenever there is a buy scenario always be very tight in trailing as...
BANKNIFTY Intraday Trade Setup For 2 Feb 2023 Buy-Above 40680 Sl-40560 T-41350 Sell-Below 39400 Sl-39520 T-38750 BANKNIFTY has closed on on a slight bearish sentiment with 0.35% cut. It was just too wild. It has created a range of 6% which translates 2500 points. The range is too big. This is a obvious scenario due to Union Budget. I will personally avoid...
The FASP for BankNifty is listed for 02-02-2023. 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...
BANKNIFTY Intraday Trade Setup For 1 Feb 2023 Buy-Above 40815 Sl-40700 T-41250 41685 Sell-Below 40470 Sl-40580 T- 39945 39500 BANKNIFTY has closed on a bullish sentiment with 0.66% gain today. It has closed near day high and formed a pinbar in daily TF. Above its high bullish momentum likely to continue and below its low parabolic down move can be seen....