The index price is still trading in a channel... will this channel breakout.... or continue it's momentum towards downside.... we are at important zone...i.e 44500 zone... today price comes almost near to this zone and showed a bullish momentum towards upside... But we are still having some bullish gap left @44400 level... if today's bullish momentum is a bull...
1. Price is in downtrend Channel 2. Friday closing shows probably breakout on Monday or latest by Tuesday. 3.If Price give retracement then Positional trade keeping stoploss below the support and targeting the new ATH. 4. RR 1:6+
Banknifty Tomorrow: As expected Banknifty made 45K breakout for the Target of 46K It was a strong rally today, however there might be some correction to test again PWH levels of 45150. If incase any Gap up open tomorrow we have resistance at 45650 level where we can look for SELL entry, any strong close above 45650 only possible Long opportunity expected. BUY...
Banknifty Tomorrow: BULLISH with Positive momentum Banknifty likely to Open flat or small gap up around 45K, if sustains above Target 1 & 2 will be tested on the higher side. Demand and Supply Zones - When price breaks the zone, Demand zone will become Resistance and Supply zone will become Support. Refer the chart for detailed Intraday Support and...
BankNifty Important intraday levels to watch for 17-07-2023 #Support: 44790 Short if candle closes below 44790 #resistance: 44920 Long if candle closes above 44920 #Targets on downside after break of support . Target 1= 44560 Target 2= 44420 #Targets on upside after break of resistance. Target 1= 45090 Target 2= 45315 Target 3= 45420 Follow us for...
BANKNIFTY Intraday Trade Setup For 17 Jul 2023 Buy-Above 44925 Sl-44815 T- 45190 45425 Sell-Below 44540 Sl- 44650 T- 44327 44110 BANKNIFTY has closed almost flat last week and made a neutral candle. Last week one view we built is that we will short every rise in intraday with a bearish/M structure in 5 MIN TF as the index was in decline cycle. It worked almost...
#As Per Price Action Price Has given fantastic Trendline breakout You Can See In The Chart. *Now Price At 45150-45200 Strong resistance Zone If price Will break This Level Then We Can See Good Upside Movement In BANKNIFTY. *First Target: 45486 , 45700 *Stop loss Below Today Swing
BANKNIFTY banknifty break trendline resistance simple easy setup buy 1 lot 45000 ce hold target 45400/45600
"Good morning, As of July 17th, the global market is showing a neutral start with a moderately bullish market sentiment. There is a possibility of a slight gap-up opening. If the market sustains structurally, we can expect a rally continuation with minor corrections. On the other hand, if the initial market experiences a sharp decline, we can expect a range market...
Today will be gap up opening in BANKNIFTY . After opening if banknifty sustain above 45050 level then possible upside rally of 400-500 points upto 45450 Level. Any Major downside only expected in case banknifty starts trading below 44950 level.
⚪️ BANKNIFTY ANALYSIS ⚪️ ♻️ Banknifty ✅ resistance : 44971 / 45419 ✅ support : 44614 / 44387 ✅important update ⚪️break trend line resistance then buy ⚪️sell second resistance level 45419
15 min TF:- We can witness rounding bottom breakdown. One can enter for short side during retest level if we break today's low as R:R will be favorable. Also we are trading in a range for a quite some time. Range Break also give good trading opportunity. Levels are marked on Chart.
BNF :- Breakdown of H&S pattern & retest complete on 30 min TF. Target is marked on Chart. Pattern stands invalid if BNF closes above 45350.
Watch for the different targets. For education purpose, Investments in stock are risk do own analysis before investing. Investing in options also carry risk do own analysis before investing.
Expectations: Volatile Day Intraday Levels: Buy Above - 44920 Sell Below - 44580 To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
Timeframe: 2h As per our previous idea, we have identified a market scenario characterized by supply pressure and bear dominance. At a price level of 44154, we observed the occurrence of Wave (3), followed by a corrective phase known as Wave (4). Wave (4) exhibited a double three pattern. Currently, the price is in the process of forming the final sub-wave (c)...
Banknifty has almost retraced to 50% fibonacci levels and taken support from 20 DMA. There is a doji again on the weekly charts and is respecting a support zone around 44600 levels. On the daily charts, a dragon fly doji was formed. Banknifty has respected the moving average and took a nice reversal from 20 ema. Market from the first hour was there for selling...
Nifty on the weekly chart has given a nice bullish candle and almost touched 19600 levels. Market has consolidated and now closed above the resistance zone. A good bullish move is going on in nifty but banknifty is not support it to go higher. On the daily charts, the market has crossed and sustained above the resistance zone around 19525 levels. Flag and pole...