Bankniftysupportresistance
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!!
Banknifty Demand and Supply For 14th November 2022For Banknifty demand and supply zones are marked. If market rejects at demand zone, then a high probability buy trade can be initiated, rather in case of supply zone a sell trade. You must have a good candlestick knowledge in order
to utilize the zones at the best. You can even learn it from us. don't forget to look for PriceActionMonk.
BANK NIFTY ANALYSIS OCTOBER 03 2022Hope my levels helped you a lot on 02 OCTOBER 2022
Did you see how beautifully all the zones and levels worked intraday, Kindly keep following them for best R:R
Bank Nifty Important levels
Support - 41373-463, 41617, 41790-840
Resistance - 40876, 40805, 40656, 40505, 40401
40800 or 41800 ?Hello All,
Hope all are doing good.
We are seeing range bound market from Muhurat trading between levels 41100 and 41500.
Market broke below this range 28th October but support has been taken at level 40800 and again came to same range.
Market has broken above this range today but resistance at level 41600 dragged to the same range again.
It’s perfect support and resistance playing for more than a week when it breaks with good volume we can see around 1000 pts on respective side.
Always trade carefully with proper SL because it’s your hard earned money.
Please note this is just my observation and purely for educational purposes only. Consult with your financial advisor before taking any trade.
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.