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FASP levels for Bank Nifty 14/03/2023The FASP for BankNifty is listed for 14-03-2023 . You can add this levels to your trade setup for better results. This should not be the only indicator but an additional tool to increase your winning possibilities. What is Fibolysis Anchor SupRes Points(FASP)? It is a unique level arrived by using Fibonacci Retracement , Fibonacci Extension , Standard Pivot levels under various Timeframes. It is an extensively analyzed level to draw the support and resistance levels for the next day. You can use these levels along with your trade setup to increase your winning odds. Validity of the levels: 1 Day How to use these levels? The three levels on both sides are usually easily achievable. The Targets above are bit difficult to achieve in a single trading session. I use this fact to write intraday positions and to buy options. Color Coding: Green is regular support and buying area, Red is strong exit area Disclaimer: This is shared in the interest of educational purpose and for knowledge enhancement. Kindly refer it in the same light. I am not responsible for any profits or loss incurred based on this information.
NSE:BANKNIFTY
by SathishChandrasekaran
FASP levels for Bank Nifty 13/03/2023The FASP for BankNifty is listed for 13-03-2023. You can add this levels to your trade setup for better results. This should not be the only indicator but an additional tool to increase your winning possibilities. What is Fibolysis Anchor SupRes Points(FASP)? It is a unique level arrived by using Fibonacci Retracement , Fibonacci Extension , Standard Pivot levels under various Timeframes. It is an extensively analyzed level to draw the support and resistance levels for the next day. You can use these levels along with your trade setup to increase your winning odds. Validity of the levels: 1 Day How to use these levels? The three levels on both sides are usually easily achievable. The Targets above are bit difficult to achieve in a single trading session. I use this fact to write intraday positions and to buy options. Color Coding: Green is regular support and buying area, Red is strong exit area Disclaimer: This is shared in the interest of educational purpose and for knowledge enhancement. Kindly refer it in the same light. I am not responsible for any profits or loss incurred based on this information.
NSE:BANKNIFTY
by SathishChandrasekaran
FASP levels for Bank Nifty 10/03/2023The FASP for BankNifty is listed for 10-03-2023. You can add this levels to your trade setup for better results. This should not be the only indicator but an additional tool to increase your winning possibilities. What is Fibolysis Anchor SupRes Points(FASP)? It is a unique level arrived by using Fibonacci Retracement , Fibonacci Extension , Standard Pivot levels under various Timeframes. It is an extensively analyzed level to draw the support and resistance levels for the next day. You can use these levels along with your trade setup to increase your winning odds. Validity of the levels: 1 Day How to use these levels? The three levels on both sides are usually easily achievable. The Targets above are bit difficult to achieve in a single trading session. I use this fact to write intraday positions and to buy options. Color Coding: Green is regular support and buying area, Red is strong exit area Disclaimer: This is shared in the interest of educational purpose and for knowledge enhancement. Kindly refer it in the same light. I am not responsible for any profits or loss incurred based on this information.
NSE:BANKNIFTYShort
by SathishChandrasekaran
FASP levels for Bank Nifty 06/03/2023The FASP for BankNifty is listed for 06-03-2023 . You can add this levels to your trade setup for better results. This should not be the only indicator but an additional tool to increase your winning possibilities. What is Fibolysis Anchor SupRes Points(FASP)? It is a unique level arrived by using Fibonacci Retracement , Fibonacci Extension , Standard Pivot levels under various Timeframes. It is an extensively analyzed level to draw the support and resistance levels for the next day. You can use these levels along with your trade setup to increase your winning odds. Validity of the levels: 1 Day How to use these levels? The three levels on both sides are usually easily achievable. The Targets above are bit difficult to achieve in a single trading session. I use this fact to write intraday positions and to buy options. Color Coding: Green is regular support and buying area, Red is strong exit area Disclaimer: This is shared in the interest of educational purpose and for knowledge enhancement. Kindly refer it in the same light. I am not responsible for any profits or loss incurred based on this information.
NSE:BANKNIFTYShort
by SathishChandrasekaran
FASP levels for Bank Nifty 02/03/2023The FASP for BankNifty is listed for 02-03-2023 . You can add this levels to your trade setup for better results. This should not be the only indicator but an additional tool to increase your winning possibilities. What is Fibolysis Anchor SupRes Points(FASP)? It is a unique level arrived by using Fibonacci Retracement , Fibonacci Extension , Standard Pivot levels under various Timeframes. It is an extensively analyzed level to draw the support and resistance levels for the next day. You can use these levels along with your trade setup to increase your winning odds. Validity of the levels: 1 Day How to use these levels? The three levels on both sides are usually easily achievable. The Targets above are bit difficult to achieve in a single trading session. I use this fact to write intraday positions and to buy options. Color Coding: Green is regular support and buying area, Red is strong exit area Disclaimer: This is shared in the interest of educational purpose and for knowledge enhancement. Kindly refer it in the same light. I am not responsible for any profits or loss incurred based on this information.
NSE:BANKNIFTY
by SathishChandrasekaran
PostMortem on BankNifty Today & Analysis of 28 FEB 2023Today was relatively flattish trading day except may be the period 13.50 to 14.10 when we had a minor scare ! There are 2 major news, one acting on the bull side & the other bearish for NSE:BANKNIFTY tomorrow ! HDFC & NSE:HDFCBANK merger news 2. India's GDP rises to 4.4% vs 4.6% estimates India's GDP Growth Slows To 4.4% In Q3; Pegged At 7% For Full Year So the trade today has set up a perfect stage for tomorrow, i may not know the direction but i seriously think we might be able to get a trend. Today's open was inline at 40302 and stayed above the support line, infact we had a good range bound trade for 4hr 40mts. This also reflected quite well with the FinNifty as well & the expiry trading would have worked out quite well for the latter. NSE:BANKNIFTY was not at all looking in the mood to rally or break today - it seemed like there was so strong momentum in either direction. But by 13.26 i almost thought we will have a good fall & posted the same in bank nifty minds in TradingView "i am ready if NSE:BANKNIFTY is planning to fall" The fall lasted only 231pts and briefly broke the support line (not a conclusive break still), before recouping the losses & returning to where it started. During the close i felt there was a huge volume traded on NSE:ICICIBANK NSE:SBIN NSE:AXISBANK NSE:KOTAKBANK . Maybe its related with the month end closing or rebalancing - but the spike in volumes seemed like a positional build up or unwinding for me. The volume is one of the reason i feel we could expect a support or resistance break tomorrow.  Regarding the options premium - we had a good decay today & lack of volatility would have killed the spirits of the option buyers & debit spread takers. Straddlers would have enjoyed trading today ! --- 15mts TF shows a range bound trade (not perfect range, ideally range should be within the support & resistance levels) for 6 days 4hrs now. Those who had positions from 16th feb & went through the fall would be feeling quite uneasy by now. I was hoping for the retest of 39742 lows in this series itself, since there are 2 more days to go i will keep the hopes alive. --- 1hr TF shows a possibility of a double bottom (W pattern), but for this pattern to work the trades breakout. If we have further consolidation then this pattern will not play out well. I havent changed my bearish view for the 1hr TF yet, i still need to see close above the resistance levels to change by opinion. And clearly it doesnt pay to have an opinion - its how we react when markets prove us wrong ! to view the 4 charts in today's discussion visit viswaram. com
NSE:BANKNIFTY
by viswaram
FASP levels for Bank Nifty 01/03/2023The FASP for Nifty is listed for 01-03-2023. You can add this levels to your trade setup for better results. This should not be the only indicator but an additional tool to increase your winning possibilities. What is Fibolysis Anchor SupRes Points(FASP)? It is a unique level arrived by using Fibonacci Retracement , Fibonacci Extension , Standard Pivot levels under various Timeframes. It is an extensively analyzed level to draw the support and resistance levels for the next day. You can use these levels along with your trade setup to increase your winning odds. Validity of the levels: 1 Day How to use these levels? The three levels on both sides are usually easily achievable. The Targets above are bit difficult to achieve in a single trading session. I use this fact to write intraday positions and to buy options. Color Coding: Green is regular support and buying area, Red is strong exit area Disclaimer: This is shared in the interest of educational purpose and for knowledge enhancement. Kindly refer it in the same light. I am not responsible for any profits or loss incurred based on this information.
NSE:BANKNIFTYShort
by SathishChandrasekaran
Banknifty - View & Intraday Levels for - 01 Mar 2023Banknifty View and Support & Resistance Levels for Tomorrow.. Expectation : Bearish with Negative Sentiment (Strong Down trend). Banknifty is holding good when Nifty was falling today, but it is at crucial support level. If Banknifty closes below current day low we can expect more down side move along with Nifty. Buyers and Sellers Zones - When price breaks the zone, Buyers zone will become Resistance and Sellers zone will become Support. Refer the chart for detailed Intraday Support and Resistance levels. Happy Trading!!
NSE:BANKNIFTYShort
by ViVenTraders
PostMortem on BankNifty Today & Analysis of 27 FEB 2023Surprising price action by NSE:BANKNIFTY today, especially the last 40mts when the bounce from the support took it to the HOD. The preopen rates today was not indicating any hint of green, still NSE:BANKNIFTY hit the resistance in the 4th candle after the gap down open. The first candle it fell to the support level of 39742 & the bounce was good enough! 39742 comes to the rescue again, but today's support is quite something special. NiftyIT and NSE:NIFTY were bleeding today. IT was almost 2.7% down by 10.15, Nifty was down almost 1% - same time NSE:BANKNIFTY was only 0.12% lower.  By 11.15 NSE:BANKNIFTY had hit the resistance again, this time a strong hourly green candle. If we split down in the 5mts TF we had 3 amazing swings today. The second swing of 1.09% ~ 432pts from 10.15 to 11.50 and then a final 40mts rally of 0.56% ~ 223pts that ensured NSE:BANKNIFTY is closing with an overall gains of 1% whereas NSE:NIFTY was still down 0.42% & CNXIT down 1.95%. I really dont know what made NSE:BANKNIFTY outperform the other 2 index today - not remembering reading any change in fundamentals or news events for this surge. --- If we look at the 15mts TF we can see a minor breakout from a 5 day 4 hour session. If we need further bullish momentum we should see tomorrow's trading zone to be well above this range depicted. If we fall back to the range-zone, what just happened today will turn out to be another fake move. --- 1hr TF almost showing a W like pattern (double bottom) right at the support zone. For this pattern to play out as per the text book, further trade has to happen above 40400 levels. Failure to take out the next resistance will look very promising for the bears as they still have the upper hand till 41600 levels. We had a similar W like pattern on 30th Jan - 02 Feb period - but that did not playout mainly because bank nifty was unable to breakout. to see all 4 charts in today's report visit viswaram. com
NSE:BANKNIFTY
by viswaram
#Banknifty"The global market indicates a neutral to negative start. The market nature is moderately bearish, and it may start with a gap-down. After that, if the market consolidates around the swing low, we expect a harmonic demand zone (HDZ). However, if the market rejects around the swing low, we expect a pullback that will reach a minimum of 23 to 38% fib level. On the other hand, if the initial market take pullback, then we expect a range-bound market as per the structure."
NSE:BANKNIFTYShort
by Manickamtraders
FASP levels for Bank Nifty 24/02/2023The FASP for Bank Nifty is listed for 24-02-2023. You can add this levels to your trade setup for better results. This should not be the only indicator but an additional tool to increase your winning possibilities. What is Fibolysis Anchor SupRes Points(FASP)? It is a unique level arrived by using Fibonacci Retracement , Fibonacci Extension , Standard Pivot levels under various Timeframes. It is an extensively analyzed level to draw the support and resistance levels for the next day. You can use these levels along with your trade setup to increase your winning odds. Validity of the levels: 1 Day How to use these levels? The three levels on both sides are usually easily achievable. The Targets above are bit difficult to achieve in a single trading session. I use this fact to write intraday positions and to buy options. Color Coding: Green is regular support and buying area, Red is strong exit area Disclaimer: This is shared in the interest of educational purpose and for knowledge enhancement. Kindly refer it in the same light. I am not responsible for any profits or loss incurred based on this information.
NSE:BANKNIFTY
by SathishChandrasekaran