How to trade banknifty tomorrow Banknifty analysis video for tomorrow
In this video I have done banknifty analysis for tomorrow.
Bankniftytomorrow
Bank Nifty - Intraday Levels for 07 Sep 2022Banknifty Levels for Tomorrow..
Trend : BULLISH
Sentiment : Negative
Expectation : Moderately BULLISH
Banknifty is currently consolidating to take a BULLISH move.
Entry Levels are,
Gap down Open - 39745 is where to Short but we have 39564 (S1-PDL) is the support level to watch.
Flat Open - Buy at 39600 Trendline support.
Gap up Open - Buy at CPR - BC
If PDL 39565 compromised, we can see BEARISH move in Banknifty
Refer the chart for detailed Intraday Support and Resistance levels.
Happy Trading!!
Banknifty spot chart analysis for 06.09.2022Banknifty standing just above a strong resistance of 39798.
if banknifty crosses above 39801 then it may also cross above 39954 and may reach to the level of 40120.
between 40120 to 40276 is also an super strong resistance zone.
If Bank Nifty crosses over 40276 then it may reach to the level of 40442.
if banknifty moves down below 39798 then it may reach to the level of 39632, 39632 is a strong support.
if banknifty crosses down below 39632 then it may also cross 39483 and will reach to the level of 39301.
If banknifty crosses down 39301 then it take bounce back from bounce back zone.
it is highly unlikely that banknifty will cross 40442 tomorrow and reach higher levels.
Banknifty - Intraday Levels for 05 Aug 2022Banknifty Levels for Tomorrow..
Trend : BULLISH
Sentiment : Positive
Expectation : BULLISH
Last Friday Nifty closed flat, SGX Nifty were shoot up 150 points after our market close but due to US market Job data impact there was sudden drop in the market.
Expecting flat open in Banknifty tomorrow, Banknifty looks storng Bullish.
However Wait for first 5m candle close, any breakout above the high its Bullish or any breakout below low its Bearish so better we can follow the trend.
If Price opens above CPR, then CPR and the lower trend line will provide support where we can take our long entry.
Incase 39320 is compromised lower targets are possible.
Refer the chart for detailed Intraday Support and Resistance levels.
Happy Trading!!
Banknifty spot chart analysis for 05.09.2022Banknifty standing inside in a strong resistance zone of 39301 to 39483.
if banknifty crosses above 39483 then it may also cross above 39632 and may reach to the level of 39798.
between 39798 to 39954 is also an extremely strong resistance zone .
If Bank Nifty crosses over 39954 then it may reach to the level of 40120.
if banknifty moves down below 39301 then it may reach to the level of 39108, 39108 is a strong support.
if banknifty crosses down below 39108 then it may also cross 38947 and will reach to the level of 38781.
If banknifty crosses down 38781 then it take bounce back from bounce back zone.
it is highly unlikely that banknifty will cross 40120 tomorrow and reach higher levels.
Banknifty spot chart analysis for 02.09.2022Banknifty standing inside in a strong resistance zone of 39301 to 39483.
if banknifty crosses above 39483 then it may also cross above 39632 and may reach to the level of 39798.
between 39798 to 39954 is also an extremely strong resistance zone.
If Bank Nifty crosses over 39954 then it may reach to the level of 40120.
if banknifty moves down below 39301 then it may reach to the level of 39108, 39108 is a strong support.
if banknifty crosses down below 39108 then it may also cross 38947 and will reach to the level of 38781.
If banknifty crosses down 38781 then it take bounce back from bounce back zone.
it is highly unlikely that banknifty will cross 40120 tomorrow and reach higher levels.
Banknifty - Intraday Levels for 01 Sep 2022 (Expiry Special)Banknifty Levels for Tomorrow..
Trend : BULLISH
Sentiment : Positive
Expectation : Sideways - Volatile
What a sharp rally in Nifty on Tuesday.. made 400 Points intraday rally.. Similarly Banknig sector was good boomed Banknifty 1000 points intraday move.
But SGX Nifty is already trading near 17500 with 300 Points down currently. Global cues are also negative mostly.
So We can expect Gap down Open in our market tomorrow around 39300 and may trade in range between 39200 & 39500. Being Sep month starting and Weekly expiry day tomorrow, I will Wait for first half and take trade after 1:30pm if I see any good patterns and trend. If Banknifty holds 39540 above, Bullish Rally will continue.
Probably during end of the session tomorrow we can expect sharp rally in the market.
Refer the chart for detailed Intraday Support and Resistance levels.
Happy Trading!!
Banknifty spot chart analysis for 01.09.2022Banknifty standing inside in a strong resistance zone of 39632 to 39798.
if banknifty crosses above 39798 then it may also cross above 39954 and may reach to the level of 40120.
between 40120 to 40276 is also an extremely strong resistance zone.
If Bank Nifty crosses over 40276 then it may reach to the level of 40442.
if banknifty crosses down below 39483 then it may reach to the level of 39301, 39301 is a strong support.
if banknifty crosses down below 39301 then it may also cross 39108 and will reach to the level of 38947.
If banknifty crosses down 38947 then it take bounce back from bounce back zone.
it is highly unlikely that banknifty will cross 40442 tomorrow and reach higher levels.
Banknifty spot chart analysis for 30.08.2022Banknifty standing inside in a strong resistance zone of 38209 to 38404.
if banknifty crosses above 38404 then it may also cross above 38608 and may reach to the level of 38781.
between 38781 to 38947 is also an extremely strong resistance zone.
If Bank Nifty crosses over 38947 then it may reach to the level of 39108.
if banknifty crosses down below 38209 then it may reach to the level of 38023, 38023 is a strong support.
if banknifty crosses down below 38023 then it may also cross 37847 and will reach to the level of 37684.
If banknifty crosses down 37684 then it take bounce back from bounce back zone.
it is highly unlikely that banknifty will cross 39102 tomorrow and reach higher levels.
Banknifty spot chart analysis for 29.08.2022Banknifty standing at an extremely strong support of 38947.
if banknifty moves up from where it left off then it may reach to the level of 39108.
between 39108 to 39301 is also an extremely strong resistance zone.
If Bank Nifty crosses over 39301 then it may also cross 39483 and may reach to the level of 39632.
if banknifty crosses down below 38947 then it may reach to the level of 38781, 38781 is a strong support.
if banknifty crosses down below 38781 then it may also cross 38608 and will reach to the level of 38404.
If banknifty crosses down 38404 then it take bounce back from bounce back zone.
it is highly unlikely that banknifty will cross 39632 tomorrow and reach higher levels.
Banknifty Spot chart analysis for 26.08.2022Banknifty standing at an extremely strong support of 38947.
if banknifty moves up from where it left off then it may reach to the level of 39108.
between 39108 to 39301 is also an extremely strong resistance zone.
If Bank Nifty crosses over 39301 then it may also cross 39483 and may reach to the level of 39632.
if banknifty crosses down below 38947 then it may reach to the level of 38781, 38781 is a strong support.
if banknifty crosses down below 38781 then it may also cross 38608 and will reach to the level of 38404.
If banknifty crosses down 38404 then it take bounce back from bounce back zone.
it is highly unlikely that banknifty will cross 39632 tomorrow and reach higher levels.
Banknifty Spot chart analysis for 24.08.2022Banknifty standing below an extremely strong resistance of 38781.
if banknifty crosses over 38781 then it may reach to the level of 38947.
between 38947 to 39108 is also an extremely strong resistance zone.
If Bank Nifty crosses over 39108 then it may also cross 39301 and may reach to the level of 39483.
if banknifty crosses down below 38608 then it may reach to the level of 38404, 38404 is a strong support.
if banknifty crosses down below 38404 then it may also cross 38209 and will reach to the level of 38023.
If banknifty crosses down 38023 then it take bounce back from bounce back zone.
it is highly unlikely that banknifty will cross 39483 tomorrow and reach higher levels.
Banknifty Spot chart analysis for 19.08.2022Banknifty standing inside an extremely strong resistance zone of 39632 to 39798.
if banknifty crosses over 39798 then it may reach to the level of 39954.
between 39954 to 40120 is also an extremely strong resistance zone.
If Bank Nifty crosses over 40120 then it may reach to the level of 40276 and then 40442.
if banknifty crosses down below 39632 then it may reach to the level of 39483, 39483 is a strong support.
if banknifty crosses down below 39483 then it may also cross 39301 and will reach to the level of 39108.
If banknifty crosses down 39108 then it take bounce back from bounce back zone.
it is highly unlikely that banknifty will cross 40267 tomorrow and reach higher levels.
Banknifty Spot chart analysis for 17.08.2022Banknifty standing inside an extremely strong resistance zone of 39108 to 39301.
if banknifty crosses over 39301 then it may reach to the level of 39438. between 39301 to 39483 is
also an extremely strong resistance.
between 39301 to 39483 is also an extremely strong resistance zone.
If Bank Nifty crosses over 39483 then it may reach to the level of 39632 and then 39798.
if banknifty crosses down below 39108 then it may reach to the level of 38947, 38947 is a strong support.
if banknifty crosses down below 38947 then it may also cross 38781 and will reach to the level of 38608.
If banknifty crosses down 38608 then it take bounce back from bounce back zone.
it is highly unlikely that banknifty will cross 39793 tomorrow and reach higher levels.
Banknifty Spot chart analysis for 12.08.2022Banknifty standing below strong resistance of 38947..
if banknifty crosses over 38947 then it may reach to the level of 39108.
between 39108 to 39301 is also an extremely strong resistance zone.
If Bank Nifty crosses over 38781 then it may reach to the level of 38947.
if banknifty crosses down below 38781 then it may reach to the level of 38608, 38608 is a strong support.
if banknifty crosses down below 38608 then it may also cross 38407 and will reach to the level of 38209.
If banknifty crosses down 38209 then it take bounce back from bounce back zone.
it is highly unlikely that banknifty will cross 39500 tomorrow and reach higher levels.
Bank Nifty - Intraday Levels for 12 Aug 2022Banknifty Levels for Tomorrow..
Trend : BULLISH
Sentiment : Positive
Expectation : Indecision / Rangebound
Banknifty closed with Positive and Bullish sentiment, however Nifty trading at resistance. So Banknifty will trade in range between CPR level and PDH/R1 level tomorrow. Any breakout below CPR zone will leads to Bearish trend.
We can expect some consolidation at this level before it takes next move.
Refer the chart for detailed Intraday Support and Resistance levels.
Happy Trading!!
Banknifty Spot chart analysis for 10.08.2022Banknifty standing overs a strong support of 38209.
if banknifty moves up from where it left off then it may cross 38404 and may reach to the level of 38608.
between 38608 to 38781 is also an extremely strong resistance zone.
If Bank Nifty crosses over 38781 then it may reach to the level of 38947.
if banknifty crosses down below 38209 then it may reach to the level of 38023, 38023 is a strong support.
if banknifty crosses down below 38023 then it may also cross 37847 and will reach to the level of 37684.
If banknifty crosses down 37684 then it take bounce back from bounce back zone.
it is highly unlikely that banknifty will cross 38781 tomorrow and reach higher levels.
Banknifty Spot chart analysis for 08.08.2022Banknifty standing inside a strong resistance zone of 337847 to 38023.
if banknifty crosses above 38023 then it may reach to the level of 38404.
between 38404 to 38608 is also an extremely strong resistance zone.
If Bank Nifty crosses over 38608 then it may reach to the level of 38781.
if banknifty crosses down below 37847 then it may reach to the level of 37684, 37684 is a strong support.
if banknifty crosses down below 37684 then it may also cross 37521 and will reach to the level of 37382.
If banknifty crosses down 37382 then it take bounce back from bounce back zone.
it is highly unlikely that banknifty will cross 38781 tomorrow and reach higher levels.
Banknifty Spot chart analysis for 05.08.2022Banknifty standing at a strong resistance of 37847.
if banknifty moves above 37847 then it may reach to the level of 38023.
between 38023 to 38209 is also an extremely strong resistance zone.
If Bank Nifty crosses over 38209 then it may also cross 38404 and may reach to the level of 38608.
if banknifty crosses down below 37648 then it may also cross 37521 and may reach to the level of 37382.
if banknifty crosses down below 37382 then it may take support on 37225, 37225 is a strong support.
If banknifty crosses down 37225 then it take bounce back from bounce back zone.
it is highly unlikely that banknifty will cross 38608 tomorrow and reach higher levels.
Banknifty Spot chart analysis for 03.08.2022Banknifty standing at a strong resistance of 38023.
if banknifty moves above 38023 then it may reach to the level of 38209, 38209 is also a strong resistance.
If Bank Nifty crosses over 38209 then it may also cross 38404 and may reach to the level of 38608.
between 38608 to 38781 is also an extremely strong resistance zone.
if banknifty crosses down below 38023 then it may also cross 37847 and may reach to the level of 37684.
if banknifty crosses down below 37684 then it may take support on 37521, 37521 is a strong support.
If banknifty crosses down 37521 then it take bounce back from bounce back zone.
it is highly unlikely that banknifty will cross 38778 tomorrow and reach higher levels.
Banknifty Spot chart analysis for 02.08.2022Banknifty standing between an extremely strong resistance zone of 37847 to 38023.
if banknifty crosses over 38023 then it may also cross 38209 and may reach to the level of 38404.
between 38404 to 38608 is also an extremely strong resistance zone.
If Bank Nifty crosses over 38608 then it may reach to the level of 38781.
if banknifty crosses down below 37847 then it may also cross 37684 and may reach to the level of 37521.
if banknifty crosses down below 37521 then it may take support on 37382, 37382 is a strong support.
If banknifty crosses down 37382 then it take bounce back from bounce back zone.
it is highly unlikely that banknifty will cross 38778 tomorrow and reach higher levels.
Banknifty Spot chart analysis for 01.08.2022Banknifty standing below a strong resistance of 37521.
if banknifty crosses over 37521 then it may also cross 37684 and may reach to the level of 37847.
between 37847 to 38023 is also an extremely strong resistance zone.
If Bank Nifty crosses over 38023 then it may reach to the level of 38209.
if banknifty moves down from where it left off then it may also cross 37382 and may reach to the level of 37225.
if banknifty moves down from where it left off then it may also cross 37382 and may reach to the level of 37225.
if banknifty crosses down below 37225 then it may take support on 37045, 37045 is a strong support.
If banknifty crosses down 37045 then it take bounce back from bounce back zone.
it is highly unlikely that banknifty will cross 38209 tomorrow and reach higher levels.
Banknifty Spot chart analysis for 29.07.2022Banknifty standing below a strong resistance of 37382.
if banknifty crosses over 37382 then it may also cross 37521 and 37684 and may reach to the level of 37684.
between 37847 to 38023 is also an extremely strong resistance zone.
If Bank Nifty crosses over 38023 then it may reach to the level of 38209.
if banknifty moves down from where it left off then it may also cross 37225 and may reach to the level of 37045.
if banknifty crosses down below 37045 then it may take support on 36854, 36854 is a strong support.
If banknifty crosses down 36854 then it take bounce back from bounce back zone.
it is highly unlikely that banknifty will cross 38209 tomorrow and reach higher levels.
