Do not go long before price crosses over upside standard deviation one, crossing over above 44075, you may again see a beaten down buying situation which may push price further ahead, follow levels. As you can see Banknifty future was closing near Median line from last five trading days , this is the first time it closes below downside standard deviation one...
Bank Nifty Prediction for this Week: Indian Markets are in Down trend however there will be small correction in BNF this week. Currently it is taking support at Daily 100 SMA line. Next week Bank Nifty likely to test 44150 level before it falls again and there is high probability that Nifty might test 42500 mark very soon. BULLISH trend can be expected only if...
As you can see here that price continously closing near Median line , thatswhy you are not getting proper move in banknifty , this is the fifth time it closed near Median line, but with a squeeze in bollinger band , you may see a nice move today price do not face resistance at 44149 or support at 43919, if it retraces back from 44149 , or bounce back from 43919 ,...
Utilizing the support and resistance levels of BankNifty, along with the 5-minute timeframe candlesticks and VWAP, can enhance the precision of trade entries and exits on or near these levels. It is crucial to recognize that these levels are not static, and they undergo alterations as market dynamics evolve. The dashed lines on the chart indicate the reaction...
As you can see here price took nice rejection from Median Line , so it must go down but here a little twist remains as you can see that bollinger bands are pretty broad, so if price opens near same place where it left off then there is a high chance that it will take support on bollinger bands standard deviation one and may go in a sideways. if price again...
Utilizing the support and resistance levels of BankNifty, along with the 5-minute timeframe candlesticks and VWAP, can enhance the precision of trade entries and exits on or near these levels. It is crucial to recognize that these levels are not static, and they undergo alterations as market dynamics evolve. The dashed lines on the chart indicate the reaction...
Utilizing the support and resistance levels of BankNifty, along with the 5-minute timeframe candlesticks and VWAP, can enhance the precision of trade entries and exits on or near these levels. It is crucial to recognize that these levels are not static, and they undergo alterations as market dynamics evolve. The dashed lines on the chart indicate the reaction...
"Good morning! As of August 9th, the global market sentiment is neutral to slightly negative (based on the Dow Jones alone), while the market trend remains moderately bullish. There is no significant difference from the last session. Therefore, whether it opens with a gap-up or down, it won't matter. If the initial market experiences sharp declines, we can...
As you can see here that price again closed at median line , but bollinger bands are very narrow so there is a chance of breaking out or breaking down . Whether it goes above 45168 or below 44920 in both condition you may see a burst. if it goes below 44920 , then it may take support on 44789, going below of 44789, it may go much lower side and may cross paas...
Utilizing the support and resistance levels of BankNifty, along with the 5-minute timeframe candlesticks and VWAP, can enhance the precision of trade entries and exits on or near these levels. It is crucial to recognize that these levels are not static, and they undergo alterations as market dynamics evolve. The dashed lines on the chart indicate the reaction...
"Good morning! As of August 8th, there is no significant difference compared to the last session. The global market sentiment is slightly positive (based on the Dow Jones alone), while the market trend remains moderately bullish. Therefore, whether it opens with a gap-up or down, it doesn't matter. If the initial market experiences sharp declines, we can...
Banknifty Prediction tomorrow: BNF looks weaker when comparing with Nifty, still 43800 level is pending to be tested. There is a strong resistance around 45070 level is where We can look for SELL entry / or if Opens gap down 44707 below we can short entry.. BULLISH only above 45100 on 15m closing basis. Demand and Supply Zones - When price breaks the zone,...
Utilizing the support and resistance levels of BankNifty, along with the 5-minute timeframe candlesticks and VWAP, can enhance the precision of trade entries and exits on or near these levels. It is crucial to recognize that these levels are not static, and they undergo alterations as market dynamics evolve. The dashed lines on the chart indicate the reaction...
"Good morning! As of August 7th, the global market sentiment is slightly negative (based on the Dow Jones alone), while the market trend remains moderately bullish. Therefore, whether it opens with a gap-up or down, it doesn't matter. If the initial market experiences sharp declines, we can anticipate a ranging market. On the other hand, if the market surpasses...
As you can see here that price closed just above standard deviation one and above median line , in between strong resistance and strong support high chance that price may go in a broader sideways. But if price crosses above 45097 than you may see a good upmove till 45283, 45283 is a strong resistance , if price retraces from here than it can again reach to the...
Banknifty Prediction: BEARISH Trend / Negative Sentiment Banknifty is in Down trend - Until it tests 43800. We can expect BULLISH reversal from 43800 but if that is compromises 43400 support will be tested. Global cues indicates, Monday BNF likely to Open Gap down. SELL entry points are 44551 below or 44800 levels. BULLISH trend only if trades above 45200....
As you saw that price did not took support at median line and also broke standard deviation 1, if price goes below cuurent low you may see another burst in bollinger band . burst within burst in same side will pull down price to deep lower side. if price goes below 44597 , then you can see a good down move till 44179, but one special support level you have to...
Utilizing the support and resistance levels of BankNifty, along with the 5-minute timeframe candlesticks and VWAP, can enhance the precision of trade entries and exits on or near these levels. It is crucial to recognize that these levels are not static, and they undergo alterations as market dynamics evolve. The dashed lines on the chart indicate the reaction...