Bank Nifty ( Neowave Update)Hi everyone,
We made the last video of bank nifty past two weeks ago in which we cover from short term to long term scenerio. Here in this video we only discussed further about short term scenerio as long tem scenerio needs to updated in 4 to 6 month.
If you have any query related to this or any other stock you can leave a comment, we will surely get back to it in our next video.
Thank You.
Bankniftytoday
Nifty & Bank Nifty Analysis For 17 May 2024In this video, we'll discuss about Yesterday's Market Movement and Today'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!
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Disclaimer : All views and charts shared in this video are purely for knowledge and information purposes only. Trading is Very Risky Business and it should only be done with proper Knowledge. It is very important to do your own analysis before making any investment based on your own personal circumstances.
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Banknifty Future Chart Analysis for 13.12.202347156 is a strong support , if price takes support over there go long for the target of 47323, if price crosses over
47405 (Super Strong resistance may push price to the level of 47200) long for the target of 47546, above 47546 it may
reach to the level of 47673.
Banknifty Future chart analysis for 04.12.2023As you can see here after a big burst bollinger bands went to short squeeze
if price opens at the same area where it left off and then crosses above 45245
then it can easily cross 45455, and may reach to its final destination of 45654.
if price goes below 44923, the price may take strong support at 44742 and
may bounce back to the level of 45041, but if price goes below to 44742
then we have to understand it that a broader profit booking and price reach to the
level of 44549.
Banknifty future chart analysis for 29.11.2023as you can see here that all bollinger bands are in narrow upside trajectory and price closed above
standard deviation one,if price takes resistance around 44110 then there will a high chance that
price may go in sideways.
if price crosses above 44110 then you may see a strong current to the upside and
price may easily reach to the level of 44265 and then its full target of 44435.
if price moves downward after opening near same place where it left off then you can go short below 43906,
43851 is a strong support if price breaks down it then you may see weakness in price,and price may easily reach
to the level of 43692 and then 43542.
BankNifty Analysis For Today 24 November 2023In this video, we'll discuss about Today's Market Analysis in BankNifty and other segments too. Also will Discuss about Option Chain.
Whether you're a seasoned trader or just starting in the stock market, this video will help you in Learning about Market. Let's get right into it!
✅I hope you liked the video. Be sure to hit that LIKE and Follow button and drop a comment.
👍Like | 💬Comment | 👥Share
Disclaimer : All views and charts shared in this video are purely for knowledge and information purposes only. Trading is Very Risky Business and it should only be done with proper Knowledge. It is very important to do your own analysis before making any investment based on your own personal circumstances.
Banknifty future chart analysis for 23.11.2023As you can see here banknifty taking resistance at standard deviation one,
if price crosses above 43767, which is a strong resistance , then it may
easily reach 43934 and then 44098.
If banknifty crosses below 43490 then it may reach 43326, 43326
is a strong support , if banknifty takes support then it may bounce
back to the level of 43623, if breaks down it then it may reach to
the level of 43165.
Sideways -if takes resistance at 43767,
if takes support at 43490.
Banknifty Future chart analysis for 22.11.2023if price goes above 43918 then it will reach 44091, 44091 strong resistance price may again
retrace down to the level of 43800, but if price goes above 44091, you may see a strong upside
current and price may achieve its full target.
As you can see here, that bollinger bands made a short squeeze , there is a high chance that
it will burst tomorrow, if it goes below 43648, it mat take support at 43564, but if it crosses
down 43564 , you may see weakness in price and it masy reach 43294.
Sideways situations- if price rejects from or near the level of 43918,
if price takes support near or at 43648,
Bank Nifty Future chart analysis for 20.11.2023if price goes above 43849 then it may reach 43982 easily, 43982 is a strong resistance and may again go
down to the level of 43688, if it crosses above 43982 the it will easily reach to the level of 44124.
If price goes below 43563, then it may take support at 43386, 43386 is a super strong
support price may bounce back from this area and may reach to the level of 43688,
if price crosses below 43386 they you may see weakness in price and it may go pass
below final target.
Bank Nifty Future chart analysis for 17.11.2023If price takes resistance at 44395 then it may again retrace back to its yesterday's
low. if price crosses over 44395 then you can witness a new upside move and
price may reach 44526 pretty easily.44526 again a strong resistance, if price
crosses over it then it will reach its final target, but if it retraces from here
then it can give you 200 points downside.
As you can see here that bollinger bands bursted at the last moment may
be much downside moves still waiting, if price goes below 44129, then it may reach
to the level of 43950 , 43950 is a strong support price may bounce from here
to the level of 44317. if price crosses below 43950 then it may reach to the
level of 43797.
Banknifty Future chart analysis for 16.11.2023if price burst upside and goes above 44486, then it may reach 44604,
44604 is strong resistance price may go down to the level of 44429,
but if crosses above 44604 then it may reach to final target.
As you can see here , that price closed taking support at median line , this
situation indicates another sideways, but here situation is little different . as
you can see short squeeze in bollinger bands , so tomorrow it may burst.
if price burst downside and goes below 44315, then it may reach 44219,
44219 is strong support price may bounce back to the level of 44219,
but if crosses below 44219 then it may reach to final target.
Banknifty future chart analysis for 10.11.2023Long 15 minute trend , BN looking a little weak, if it breaks down this trend you may see a nice fall, but as it is in upside move
from quite a few days, you may see a falls breakdown then it may go down, so you must trade both the move , first one
very carefully.
Banknifty future chart analysis for 25.10.2023As you can see here price closed inside downside third deviation
you may see a sudden upside move if price goes above 43291, then it may
reach 43476, 43476is strong resistance price may go down again from here, but if it crosses
above 43476, then it may reach to the level of 43661.
if price takes resistance from 43291 and goes below 43080 then it may again go down very low.
if price goes below 42963 then it may take support at 42850, and may go up, but if price goes
below 42850, then it may again go very deep and may hit final target of 42581.