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Bankniftysupportresistance

BANKNIFTY ANALYSIS AND PREDICTIONS FOR 15 MARCH 2023Today as we have seen Gap up opening of around 400 points around 39900 in bank nifty and then from there we are seeing a decline upto 39700. There is an resistance range between 39875 - 40000 and a strong support zone is in between 39750 - 39550 SCENARIO 1 If we see a breakout above 39875 or today's high we must NOT hurry and by we should wait till it crosses 40000 level with a strong 15 min candle then only we should buy. SCENARIO 2 If we see a breakdown of today's low then we should sell below 39500 but with a small target of 100 points, with moving stoploss and if it further breaks 39400 then we can see 39000 levels todays CONCLUDING ANALYSIS/b] Today I can see a range bound market and range is between 39450 to 39850. Don't fall on a trap today be CAUTIOUS WHILE TRADING BANKNIFTY TODAY SPECIALLY IN OPTIONS. Wait for a clear and decisive move above or below of the given levels. ✅ BANKNIFTY SUPPORT AND RESISTANCE LEVELS SUPPORT ZONE - 39750 - 39550 SUPPORT 1 - 39597 SUPPORT 2 - 39426 SUPPORT 3 - 39142 RESISTANCE ZONE - 39875-40000 RESISTANCE 1 - 39866 RESISTANCE 2 - 40000 #BANKNIFTYOPTIONS TO WATCH 16 MARCH 39700 CE 16 MARCH 39600 PE #tradenxt #bankniftyanalysis #bankniftylivetrading #livetrading #stockmarketanalysis #stockmarketanalysis16march2023 #IntradayTrading #IntradayCalls #BankniftyPredictions #StockMarketPredictions #bankniftytomorrowprediction #niftyanalysis #niftypredictions #bankniftyoptions #niftyoptions #banknifty39700ce #banknifty39600pe
NSE:BANKNIFTY
by kislaysumit
Banknifty - View & Intraday Levels for 05 Dec 2022Banknifty View for Monday 05.12.2022 Short term BEARISH view in Banknifty is expected and tomorrow Likely to Open Flat/Small Gap up, any breakout above 43200 Target 1 will be tested and 43360-43400 zone will act as Strong Resistance. Probably we can expect reversal. Incase of any weakness closes below 42997, Target1 and 2 on the lower side will be tested. At Buyers zone we can look for BUY entry and SELL entry at Sellers area. Buyers and Sellers Zones - When price breaks the zone, Buyers zone will become Resistance and Sellers zone will become Support. For Best entry, Wait for first 5m candle close. Go long when High breaks, take Short when low breaks. Keep SL high/low of the first 5m candle. Refer the chart for detailed Intraday Support and Resistance levels. Happy Trading!!
NSE:BANKNIFTYShort
by ViVenTraders
Banknifty - View & Intraday Levels for 29 Nov 2022Banknifty Intraday levels for Tomorrow.. Today Nifty was strong and tested ATH 18604, but couldn't sustain above the level and Banknifty was looking weak. Any breakout above 430.14, we can expect up move in Banknifty and 43136 will be tested. If sustains above PDH - 43160 strong up move is expected. If 42973 is compromised we can expect lower levels. Mostly its going to be volatile day tomorrow. At Buyers zone we can look for BUY entry and SELL entry at Sellers area. Buyers and Sellers Zones - When price breaks the zone, Buyers zone will become Resistance and Sellers zone will become Support. For Best entry, Wait for first 5m candle close. Go long when High breaks, take Short when low breaks. Keep SL high/low of the first 5m candle. Refer the chart for detailed Intraday Support and Resistance levels. Happy Trading!!
NSE:BANKNIFTY
by ViVenTraders