BANK NIFTY FUT | 02 NOV 23AS WE CAN SEE THAT BANKNIFTY IS COMPLETELY RANGE BOUND TODAY,
REMEMBER ONE SHOULD FOLLOW THE TREND BUT SHOULDN'T GET BIAS WITH THE DIRECTION.
ADDING MY ANALYSIS LEVELS FOR 2 NOV,23 BELOW FOR NIFTY FUTURES:
LONG PLAN >>>>> 🐂
- 43044 (I WILL WAIT FOR THE 5 MIN CANDLE TO CLOSE ABOVE THIS LEVEL)
- R1: 43144
- R2: 43244
- R3: 43366
SHORT PLAN >>>>> 🐻
- 42855 (I WILL WAIT FOR THE 5 MIN CANDLE TO CLOSE BELOW THIS LEVEL)
- S1: 42733
- S2: 42633
- S3: 42511
PLEASE FOLLOW FOR MORE REGULAR UPDATES.
QUOTE FOR THE DAY :
“The market is a device for transferring money from the impatient to the patient”
– Warren Buffett
📌📌📌📌📌
Disclaimer -
I am not SEBI Registered Research Analyst or Investment Advisor.
All Information provided above are just for Education purpose only .
They are not buy/Sell Recommendations .
Please consult your financial Advisor before taking any trade or investments.
Bankniftytrades
Bank Nifty: Thursday - 16/03/23Levels:
Support: 38900, 38750, 38600
Resistance: 39150, 39450, 39800
OI Data:
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Bank Nifty => Price: 39051.5
ATM: 39100 , ITM: 39000, 38900, 38800 , OTM: 39200, 39300, 39400
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Highest OI Call in Bank Nifty per OI data: 40000
Highest OI Put in Bank Nifty per IO data: 39000
Nearest Major Resistance in Bank Nifty per OI data: 39200
Nearest Major Support in Bank Nifty per IO data: 38600
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Trade setup:
+++++++++++++++++++++++++++++++++++++++++
Trade | Level | SL | T1 | T2
-----------------------------------------
BUY | > 39200 | 39100 | 39325 | 39450
-----------------------------------------
SELL | < 38850 | 38950 | 38750 | 38600
+++++++++++++++++++++++++++++++++++++++++
Bank Nifty: Thursday - 09/03/23Levels:
Support: 41400, 41300, 41200, 40900, 40700-40650
Resistance: 41650, 41800, 41900, 42000
OI Data:
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Bank Nifty => Price: 41577.1
ATM: 41600 , ITM: 41500, 41400, 41300 , OTM: 41700, 41800, 41900
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Highest OI Call in Bank Nifty per OI data: 42000
Highest OI Put in Bank Nifty per IO data: 41000
Nearest Major Resistance in Bank Nifty per OI data: 41900
Nearest Major Support in Bank Nifty per IO data: 41100
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Trade setup:
+++++++++++++++++++++++++++++++++++++++++
Trade | Level | SL | T1 | T2
-----------------------------------------
BUY | > 41650 | 41550 | 41850 | 42000
-----------------------------------------
SELL | < 41500 | 41600 | 41350 | 41200
+++++++++++++++++++++++++++++++++++++++++
Bank Nifty: Thursday - 09/02/23Levels:
Support: 41100, 40650, 40150, 39425
Resistance: 41770, 42050, 42500
OI Data:
---------------------------------------------------------------------|
Bank Nifty => Price: 41537.65
ATM: 41500 , ITM: 41400, 41300, 41200 , OTM: 41600, 41700, 41800
---------------------------------------------------------------------|
Highest OI Call in Bank Nifty per OI data: 42000
Highest OI Put in Bank Nifty per IO data: 41500
Nearest Major Resistance in Bank Nifty per OI data: 41900
Nearest Major Support in Bank Nifty per IO data: 41100
---------------------------------------------------------------------|
Trade setup:
+++++++++++++++++++++++++++++++++++++++++
Trade | Level | SL | T1 | T2
-----------------------------------------
BUY | > 41800 | 41700 | 42000 | 42200
-----------------------------------------
SELL | < 41100 | 41200 | 40900 | 40700
+++++++++++++++++++++++++++++++++++++++++
Banknifty Future for 07.202023Red line - sell below line
Green line - Buy above line
Black line Targets.
Shooting Star from the same strong resistance zone , it means
banknifty closed today taking downside pressure.
if nifty crosses downside you may see a good selling pressure in BN.
But if nifty broke upside you not not see good clean upmove in BN.
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.