BankNifty in Parallel Channel Today 24 November 2023In this video, I shared how BankNifty is moving in a Parallel Channel .
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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.
Bankniftytodaykeylevels
banknifty 5th july 2023Banknifty is taking support from monthly trendline and it is also taking support from the daily trednline(red). if it both the support breaks then we can see good down fall till 44800 level.
If it takes support we can see upto 46000 level.
buy above 45327 target 45465,45576,45653,45792,45997
sell below 45100 target 450045, 44937,44819,44703
banknifty 22nd june 2023 all time high?banknifty is forming a triangle pattern. it has strong resistance and support in trendline. it can move in any direction with 500 to 700 points.
Buy above 43934 target 44004, 44077, 44111,44177,44233,44444
Sell below 43777 target 43707,43634,43590,43522,43444,43362
BANKNIFTY Analysis for 26-AUG-2022 BANKNIFTY ANALYSIS BY SARDAR G MARKET TRADERS NSE:BANKNIFTY
On daily frame we can see there was bull run but now forming range. Trading in this time is tricky but if at right point trade is taken will be profitable. On 15min candle We have Resistance and Support for intraday level. Once breakdown on 5min candle execute your trade. But there are different methods to enter the trade. Directly Entering on Breakout or wait for correction. There are also different strategies to enter trade. All depends on your risk appetite.
BUY AVOVE 39115
SELL BELOW 38777
ALWAYS RESPECT YOUR STOP-LOSS OF YOU WANT TO BECOME TRADER. EVERY TRADE CAN'T BE PROFITABLE
Live BankNifty Chart Analysisfor Trading 5may 2022
Bank Nifty Todays Important Key Levels to Trade
Bank Nifty Max Pain - 35800
BankNifty PCR ratio - 0.9737
As Per Open Interest Maximum Open interest at Call Side 36000
As Per on Bank Nifty Chart Analysis First Support at - -35657
As Per on Bank Nifty Chart Analysis Second Support at - 35346
As Per on Bank Nifty Chart Analysis Resistance at 36000 and Second Resistance at 36190
Try To Buy Put Near Resistance and Buy Call Near Support
For More Details Search in Google - Manoj Shinde 27485