Banknifty - View & Intraday Levels for - 22 Dec 2022Banknifty View and Support & Resistance Levels for Tomorrow..
Expectation : Moderately BEARISH / Negative Sentiment = Sideways to Bearish move
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!!
Bankniftytomorrow
Banknifty spot chart Analysis for 22.12.2022Banknifty standing just below a strong resistance of 42671.
if banknifty crosses above 42671 then it may also cross 42814 and may reach to the level of 42966.
between 42966 to 43113 is also an extremely strong resistance zone .
If Bank Nifty crosses over 43113 then it may also cross 43266 and may reach to the level of 43418.
if banknifty moves down below where it left off then it may also cross 42508 and may reach to the level of 42349.
if banknifty crosses below 42349 then it may also cross 42191 and may reach to the level of 42041.
If banknifty crosses down 42041 then it take bounce back from bounce back zone.
it is highly unlikely that banknifty will cross 43418 tomorrow and reach higher levels.
Banknifty - View & Intraday Levels for - 21 Dec 2022Banknifty View and Support & Resistance Levels for Tomorrow..
Expectation : Moderately BULLISH / Positive Sentiment = Moderately BULLISH to Sideways
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 - View & Intraday Levels for - 19 Dec 2022Nifty View and Support & Resistance Levels for Tomorrow..
Expectation : BEARISH / Negative Sentiment = Moderately BEARISH
Flat / Small Gap up open tomorrow is expected, we can take short entry at 43300 level for lower Targets.
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 spot chart Analysis for 19.12.2022Banknifty standing below a strong resistance zone of 43266 to 43418.
if banknifty crosses above 43418 then it may also cross 43571 and may reach to the level of 43713.
between 43713 to 43876 is also an extremely strong resistance zone .
If Bank Nifty crosses over 43876 then it may also cross 44034 and may reach to the level of 44187.
if banknifty crosses down below 43113 then it may also cross 42966 and may reach to the level of 42814.
if banknifty crosses below 42814 then it may also cross 42671 and may reach to the level of 42508.
If banknifty crosses down 42508 then it take bounce back from bounce back zone.
it is highly unlikely that banknifty will cross 44034 tomorrow and reach higher levels.
Banknifty spot chart Analysis for 13.12.2022Banknifty standing just below a strong resistance zone of 43713 to 43876.
if banknifty crosses above 43876 then it may also cross 44034 and may reach to the level of 44187.
between 44187 to 44323 is also an extremely strong resistance zone .
If Bank Nifty crosses over 44323 then it may also cross 44481 and may reach to the level of 44644.
if banknifty moves down below where it left off then it may also cross 43571 and may reach to the level of 43418.
if banknifty crosses below 43418 then it may also cross 43226 and may reach to the level of 43113.
If banknifty crosses down 43113 then it take bounce back from bounce back zone.
it is highly unlikely that banknifty will cross 44481 tomorrow and reach higher levels.
Banknifty - View & Intraday Levels for - 09 Dec 2022Banknifty View and Support & Resistance Levels for Tomorrow..
Expectation : BULLISH
Bank Nifty was Strong and after many days moved 500 Points. Tomorrow We can expect Flat/Small Gap down open, and We can look for long entry above 43445. The Targets are 43636 / 43400
Any breakout above 43400 we can expect - Target 1 & 2 levels will be tested.
Incase any weakness and closes below, 43320 BEARISH trend will Start.
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!!
NiftyBank One Hour Chart Analysis with Banknifty Target Banknifty Low Capital Trading Strategy
Down Side Targets For Banknifty
First Support Zone For BankNifty – ( 43255 -43275 )
Second Support Zone For BankNifty – ( 43100 -43120 )
Third Support Zone For Banknifty - ( 42910 -42930 )
Up Side Banknifty Targets
First Resistance Zone For BankNifty – ( 43410 - 43390 )
Second Resistance Zone For BankNifty - ( 43512 - 43496 )
All Time High
Importent Signal from BankNifty Option Chain
Max Pain As per Option Chain Analysis – 43200
PCR ratio as per Option Chain Analysis – 1.08 ( Bullish )
Major Support as Per Banknifty Open Interest Analysis – 43000 /43200
Major Resistance as Per Banknifty Open Interest Analysis – 43200 /43500
Banknifty spot chart Analysis for 01.12.2022Banknifty standing below a strong resistance zone of 43266 to 43418.
if banknifty crosses above 43418 then it may also cross 43571 and may reach to the level of 43713.
between 43713 to 43876 is also an extremely strong resistance zone .
If Bank Nifty crosses over 43876 then it may also cross 44034 and may reach to the level of 44187.
if banknifty crosses down below 43113 then it may also cross 42966 and may reach to the level of 42814.
if banknifty crosses below 42814 then it may also cross 42671 and may reach to the level of 42508.
If banknifty crosses down 42508 then it take bounce back from bounce back zone.
it is highly unlikely that banknifty will cross 44034 tomorrow and reach higher levels.
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 spot chart Analysis for 28.11.2022Banknifty standing just above a strong support of 42966.
if banknifty crosses above 43113 then it may also cross 43266 and may reach to the level of 43418.
between 43266 to 43418 is also an extremely strong resistance zone .
If Bank Nifty crosses over 43418 then it may also cross 43571 and may reach to the level of 43713.
if banknifty crosses down below 42966 then it may also cross 42814 and may reach to the level of 42671.
if banknifty crosses below 42671 then it may also cross 42508 and may reach to the level of 42349.
If banknifty crosses down 42349 then it take bounce back from bounce back zone.
it is highly unlikely that banknifty will cross 43713 tomorrow and reach higher levels.
Banknifty spot chart Analysis for 22.11.2022Banknifty standing just below a strong resistance of 42349.
if banknifty crosses above 42349 then it may reach 42508 .
between 42508 to 42671 is also an extremely strong resistance zone .
If Bank Nifty crosses over 42671 then it may also cross 42814 and may reach to the level of 42966.
if banknifty moves down below where it left off then it may also cross 42191 and may reach to the level of 42041.
if banknifty crosses below 42041 then it may also cross 41887 and may reach to the level of 41733.
If banknifty crosses down 41733 then it take bounce back from bounce back zone.
it is highly unlikely that banknifty will cross 43113 tomorrow and reach higher levels.
Banknifty spot chart Analysis for 21.11.2022Banknifty standing just below a strong resistance zone of 42508 to 42671.
if banknifty crosses above 42671 then it may also cross 42814 and may reach to the level of 42966.
between 42966 to 43113 is also an extremely strong resistance zone .
If Bank Nifty crosses over 43113 then it may reach 43266.
if banknifty moves down below 42349 then it may take support on 42191.
if banknifty crosses below 42199 then it may also cross 42041 and may reach to the level of 41887.
If banknifty crosses down 41887 then it take bounce back from bounce back zone.
it is highly unlikely that banknifty will cross 42966 tomorrow and reach higher levels.