Banknifty has been trading in a wide range of 2000 points for last three week and is constantly trading around weekkly 20 ema. Though it has closed below the moving average and took a retest of 61.8% fibonacci level, giving a nice fall after it. Bullish trade in the index can be trade once it sustains above 46900-47000 zone as it will confirm a W pattern and...
BANKNIFTY Intraday Trade Setup For 14 Feb 2024 Bullish-Above 45760 Invalid-Below 45650 T- 46450-500 Bearish-Below 45200 Invalid-Above 45310 T- 44650 44100 BANKNIFTY has closed on a bullish note with 1.38% gain today. Buy triggered as per trade setup above 45100 and hit 1st target 45750. Since 8th Feb index is making one red and then one green in daily TF....
The FASP for BankNifty is listed for 13-02-2024. 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 13 Feb 2024 Bullish-Above 45100 Invalid-Below 44990 T- 45680 46220 Bearish-Below 44620 Invalid-Above 44730 T- 44100 43550 BANKNIFTY has closed on a bold bearish note with 1.65% cut today. Yesterday we discussed that index closed near 45650 which was a resistance zone as per projected half bat (0.618) pattern. Idea worked...
BANKNIFTY Intraday Trade Setup For 12 Feb 2024 Bullish-Above 45730 Invalid-Below 45620 T- 46220 46710 Bearish-Below 45250 Invalid-Above 45360 T- 44800 44300 BANKNIFTY has closed with a slight cut of 0.73% last week. On Friday it closed on a positive note where it gave a sharp recover of 800+ points from Thursday low. It closed at 0.618% of one last leg pf fall...
BANKNIFTY important zone and levels for 12-2-2024.... Zone coordinates are 45680-45709.... Have a profitable day everyone...
#Banknifty Zone and levels for 9-2-2024... Zone coordinates are 45395-45376... Have a profitable day everyone... :)
BANKNIFTY Intraday Trade Setup For 09 Feb 2024 Sell_1- From 45650 Invalid-Above 45760 T- 45220 44900 Sell_2- Below 44890 Invalid-Above 45000 T- 44400 43915 BANKNIFTY has closed on a complete bearish note with 1.76% cut today. Since last 3 days BANKNIFTY was complete sideways between 46100 and 45500. Today range broke downside and a gave a good trendy move....
BANKNIFTY Intraday Trade Setup For 08 Feb 2024 Bullish-Above 46070 Invalid-Below 45960 T- 46710 47420 Bearish-Below 45520 Invalid-Above 45630 T- 44915 44350 BANKNIFTY has closed on a with a slight gain of 0.28% gain today. It was another complete sideways day making it 3rd consecutive complete non-directional day with absolutely dead momentum in intraday....
Today, I market my support and resistance levels in Bank nifty chart on 6 FEB 2024. Bank Nifty will be trending today. Kindly check my post after market as well. If it's useful, please like and follow
BANK NIFTY once the level breaks we can expect this fall almost 5000 pts. Sell Entry Below 44400 (1 hr candle close) look for price action pattern in 15 mins on this zone. Stop-Loss @ 46900 Target 39550
Banknifty has given a nice move after the budget day and closed 200 point lower on daily close and 1000 points lower from the day's high. The weekly chart is showing a rejection from golden fib ratio of 61.8% around 47k zone. Though, it has closed above the 20 WEMA buy still it is trading below 20 DEMA. The market has given much move in the last week but...
Bank nifty is looking bearish for the short-term, Though the huge wicks formed on the hourly chart are a bit concerning. Since bank nifty is bullish on the monthly chart, I do not expect the prices to take down the weekly discount array. Instead, prices might fall to the daily discount array at 45481.50 which lines up perfectly with a mitigation block as well....
Today, I market my bank nifty support and resistance levels. Though, I prefer to trade only in Nifty, I have shared my analysis in Bank Nifty, If it's useful for you, please like and follow.
Hello Traders, Welcome to SriTrader5121 -------------------------------------------------- Bank Nifty - 05/02/2024 - Levels IMPORTENT ZONE FOR THE DAY: 46160 – 46210 Important Support and Resistance for the Day... Support - Resistance - Support-1: 46160 Resistance-1: 45900 Support-2: 46310 Resistance-2: 45670 Support-3: 46500 Resistance-3:...
BANKNIFTY Intraday Trade Setup For 05 Feb 2024 Sell_1- From 46550 Invalid-Above 46660 T- 46225 46000 Bearish-Below 45900 Invalid-Above 46010 T- 45360 44850 BANKNIFTY has closed on a bullish note last week with 2.46% gain. While it closed on a bearish note last day as 46600 is a resistance in daily TF. Breakout of the resistance will be said when a daily candle...
In this video, we'll discuss about Today's Market Movement and Tomorrow's Analysis in Nifty, Banknifty and other segments too. Whether you're a seasoned trader or just starting in the stock market, this analysis will help you in Learning about Market. Let's get right into it! ✅I hope you liked the analysis. Be sure to hit that LIKE. 👍Like | 💬Comment | 👥Share...
BANKNIFTY Intraday Trade Setup For 02 Feb 2024 Bullish-Above 46320 Invalid-Below 46210 T- 46826 47315 Bearish-Below 45650 Invalid-Above 45760 T- 45050 44390 BANKNIFTY has closed on a on bullish note with 0.42% gain. It was sideways to bullish, complete sideways after 12 PM. Premiums crashed like anything due to VIX crashing nearly 10%. No big moves seen on...