Banknifty has formed a halt candle this week after a nice bullish move last week. On the daily time frame, it has taken a double support from 20 ema and 61.8% Fibonacci levels. The market has formed a doji on the daily chart. Though market has given a breakdown of the range it was trading but there is still confusion where will it move. On the hourly charts,...
BANKNIFTY Intraday Trade Setup For 31 Jul 2023 Bullish-Above 45530 Invalid-Below 45420 T-45805 46115 Bearish-Below 45230 Invalid-Above 45340 T-44949 44725 BANKNIFTY has closed on a slight bearish note with 1.32% cut last week. Index can give a pullback as down move but for that we have to wait patiently till a bearish price structure is established in daily TF....
BankNifty Future Analysis for Today 30th JULY 2023 As per our #analysis for #BankNiftyFuture, we are expecting these Intraday levels Tomorrow, kindly check the charts on 15 min time frame and act accordingly. #IntradayLevels Disclaimer: All the provided levels are for #educational purpose only, please do your own analysis before doing any trade in the live...
Buying Selling In Bank NIfty And Nifty Postional Indicator with 95% accurecy Entry on for Next week This Indicator base on Wave Theory Only Thank You
Banknifty Prediction: BULLISH / Positive Sentiment towards 47K Banknifty likely to Open Big Gap up Open around 45800 level, if any buying momentum and sustains above 46000 we can expect 46300 will be tested on Monday. Further if sustains above 46370 we can expect 47K before expiry this week. BEARISH only below 45200, until Buy on dip. Demand and Supply Zones -...
i usually dont post on indices but this analysis will help you for both indices and stock analysis but will be much useful for option buyers as stock buyers they wont lose if stock is side ways guys usual learning rsi below 30 oversold above 70-80 over bought different people take it differently and macd above center line buy below center line sell, or in...
BANKNIFTY is currently moving in a big 3,000 point range from 43,400 - 46,400 with 1,000 points support resistance zones and currently finding support at 45,400 area . Longer term outlook remains bullish and might test 46,400 in coming days . Cheers!
BankNifty important intraday levels to watch for 28-07-2023 #Support: 45320 Short if candle closes below 45320. #resistance: 45550 Long if candle closes above 45550. #Targets on downside after break of support. Target 1= 45120 Target 2= 44750-44720 #Targets on upside after break of resistance. Target 1= 45790 Target 2= 46040 Target 3= 46380 Remember each...
Bank Nifty make a double top pattern & breakdown giving already now it can retest those break down levels & after that big fall can be seen in Bank Nifty. But one more scary thing can be seen trendline from 39000 retest almost 3 time but this time Bank Nifty retest it very quick in time now if this trendline broken then can see more downside. R
Bank Nifty prediction Banknifty travelled 900+ points on short side currently on support level 45350 300 reversal expected till FIB 61% level (45900 950 ) from FIB 61% again selling will start sharp selling below 45350 300 target 45000 44950
HDFC is to take long above 1688 for the next target of 1730-1750 with a small SL 1660. Good risk to reward trade. This is for your educational purpose only.
"Good morning! As of July 27th, the global market indicates a negative start (based on only Dow Jones), and the market nature is bearish. Therefore, it doesn't matter if it opens gap-up or down; if the initial market takes sharp declines, we can expect correction continuation with minor pullbacks. On the other hand, we can expect a rally only if it opens with a...
BANKNIFTY Intraday Trade Setup For 28 Jul 2023 Sell-From 46060 Invalid-Above 46170 T- 45775 45570 Bearish-Below 45570 Invalid-Above 45680 T- 45227 44890 BANKNIFTY has closed on a bearish note with 0.83% cut today. It has formed a bearish engulfing candle in daily TF. Approach will be to sell on rise till it gives a breakout of 46370. Today it opened directly at...
Banknifty Monthly Analysis Banknifty has moved up 1353pts ~ 3.05% this expiry month, approx 0.7% lesser than Nifty’s movement. One possible reason was the slight retracement between 07 to 14 July whereas Nifty had managed that week pretty well. BankNifty Weekly Analysis Banknifty scored over Nifty during the weekly price move wherein BN lost only 0.85% ~ 391pts...
The FASP for BankNifty is listed for 28-07-2023. 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...
Bank Nifty Idea #Current Price- 45774.60 #Resistance- 45847.40 #Support- 45613 #Target 45979.55 And 46159.50 we can expect after a break of Resistance #Target 45510.60 And 45307.35 we can expect after a break of Support #Execution only after break and close above or below from resistance or support 15-minute candle. #Stop Loss above or below from resistance...
For the last 6 trading day banknifty has been trading inside a range and today it has formed a bearish engulfing candle. Banknifty is taking support from 45600 levels and has been tested many times. If the levels is breached and market starts trading below the levels, there are high chances of market testing 45200 levels. On the hourly charts, not a single green...
A bearish engulfing candle on the daily time frame is showing some negative mood in the market but it is taking support from 19630 levels. Not a single green candle is formed on the hourly charts and market fell around 200+ points from the day high, closing 120 points lower or 0.6%. On the hourly charts, market is trading around the 20 ema and has again closed...