Bankniftysupportresistance
Bank Nifty - Intraday Levels for 27 Oct 2022Banknifty Intraday levels for Tomorrow..
Expectation : Gap Up Open - Any breakout above 41402 BULLISH trend we can expect, otherwise its BEARISH
Banknifty likely to Open Gap Up around 41250 CPR zone, if sustains above 41260 and breaks 41402 we can expect Up move and possibly Target 1 will be tested. If any rejection around CPR level closes below we can see down move probably previous day low will be tested.
Support and Resistance Zones - When price breaks the zone, Support zone will become Resistance and Resistance zone will become Support.
For quick scalping, 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!!
BANK NIFTY ANALYSIS 24 & 25 OCTOBER 2022Hope my levels helped you a lot on 21 October 2022
Did you see how beautifully all the zones and levels worked intraday, Kindly keep following them for best R:R
If BNF crosses 40055 levels above are 40209 - 40350 - 40555
If BNF falls below 40550 levels to watch below are 40401 - 40281 - 40178
BANK NIFTY ANALYSIS 21 OCTOBER 2022Hope my levels helped you a lot on 2O October 2022
Did you see how beautifully all the zones and levels worked intraday, Kindly keep following them for best R:R
Above 40220 get ready for 40401 - 40520 - 40625
Below 39800 it will surely go to 39600 to take a bounce before it goes up.
I expect it to go up than down for tomorrow.
BANK NIFTY ANALYSIS FOR 20 OCTOBER 2022Hope my levels helped you a lot on 19 October 2022
Did you see how beautifully all the zones and levels worked intraday, Kindly keep following them for best R:R
BNF strong above 40650 and weak below 40140, anything between it is just a consolidation, dont take agressive trades in the consolidation area.
Banknifty 36000 ? - Wk'ly Analysis and Setup for 17 Oct 2022Banknifty Intraday levels for Monday and Weekly analysis..
Global Markets are down by more than 1 %. We can expect Gap down Open in Banknifty .
Expectation : Big Gap down Open - Bearish Continuation
Banknifty likely to Open with Big Gap down tomorrow around 39000 - 39100 mark below Strong SELL Level. Any breakout below / Opens below 39100 we can expect Target 1 & 2 levels will be tested. Uptrend possible only above 39511 until its down trend.
However Banknifty looks strong when comparing with Nifty, and we have very few support zones in Banknifty, incase if these supports zones are compromised Banknifty will also fall huge.
Any breakout below 38700, we can expect 36000 will be tested in few days may be in two weeks time.
For quick scalping, 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!!
BANKNIFTY Intraday Levels | 15th Sep• Support & Resistance zones for 15th Sep .
• BANKNIFTY has to hold above 41,250 to make a move towards its all-time high of 41,829 and 42,000 levels whereas supports are placed at 41,000 and 40,750 levels.
• Zones marked / drawn on chart can act as a Support & Resistance for price to stuck / to face hurdle.
Remaining space can be straight way for Price to make moves.
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BANKNIFTY Intraday Levels | 14th Sep• Support & Resistance zones for 14th Sep .
• The immediate hurdle is placed at 41,000 where the highest open interest is built up on the Call side and once breached will see a sharp short-covering towards 41,500-41,800
• Zones marked / drawn on chart can act as a Support & Resistance for price to stuck / to face hurdle.
Remaining space can be straight way for Price to make moves.
•••
BANKNIFTY Intraday Levels | 13th Sep• Support & Resistance zones for 13th Sep .
• The undertone remains bullish and once should keep a buy-on-dip approach with strong support at the 40,000-39,800 zone.
• The immediate hurdle on the upside is placed at 40,700 and once taken out will witness a swift move towards 41,500-41,800 levels.
• Zones marked / drawn on chart can act as a Support & Resistance for price to stuck / to face hurdle.
Remaining space can be straight way for Price to make moves.
•••
Will Bank Nifty Continue Uptrend ?After Breakout Resistance Zone from 27 Sep Bank nifty made Rally of 200 Points Today, Making Higher highs and Higher Lows indicating Uptrend in market, Immediate support is 37600 levels and Resistance is 38100.
*Always Enter With good confirmation & Maintain proper Risk Reward.
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Bank Nifty Support & Resistance Levels Intraday1. Last 15 minutes Candle break & closed above the Trendline,We can go long if 03:15 min candle High break & Sustain.
2. 36850 is acting as mini Resistance if a candle close above this level and its high break we can go long.
3.If 36850 Resistance level fail to Break then 36500 will be the Support
4. Considering Expiry 37000 will act as Major resistance (Huge Open interest build at this level).
Check Below link for our Yesterday Levels and Check the Accuracy. Simple Yet Powerful
*Always Enter With good confirmation & Maintain proper Risk Reward.
**********I am not a SEBI registered adviser. All the information provided by me is for educational/informational purposes only. **********
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