BankNifty Weekly Analysis Banknifty on the other hand is down 1.31% ~ 592pts between the last expiry & today. This was obvious as banknifty had shown a bearish trend ever since hitting the ATH on 4th July. Today for a brief period banknifty went above the bearish trend line but reverted to mean and closed within. It was when Nifty took out the ATH that BN reached...
Market today has closed flat. In the morning even after a gap up market tried to cross and sustain above 45k levels but couldn't sustain and there was a sell off in the second half given nice sell opportunity. Option premium on the PE side gained almost 200%. Today was option buyers day and a trending market in the second half. Banknifty lost around 500 points...
Full on Bearish below 44400. Just focus on this levels Overall trend is bullish and only bearish below 44400. Momentum above 45200. Thanks
Bank Nifty Structural Breakout. after long waiting finally bank nifty is out of its channel. Buy bank nifty cmp 44980 Target 45360 - 45650 SL 44800
"Good morning! As of July 13th, the global market is showing a neutral start with a moderately bearish market sentiment. It might open with a slight gap-down. If it sustains, we can expect a continuation of the correction with minor pullbacks. Conversely, if the initial market experiences a sharp pullback, then the range market will continue. We can expect a rally...
Today will be gap up opening in BANKNIFTY . After opening if banknifty sustain above 44550 level then possible upside rally of 400-500 points upto 44950 Level. And this rally can extend for another 400 points if it gives breakout of 45050 level. Any Major downside only expected in case banknifty starts trading below 44450 level. also possible Reversal Downside 44950 level.
BANKNIFTY Intraday Trade Setup For 13 Jul 2023 Buy-Above 44940 Sl-44830 T- 45185 45420 Sell-Below 44560 Sl-44670 T- 44270 43979 BANKNIFTY has closed on a bearish note once again with 0.24% cut today. Since the start of this week it has been updated everyday that index is in decline phase and all the up moves are for selling on a bearish price (M) structure in 5...
Hello traders, Here, I am presenting deep analysis of BANKNIFTY for you. On a bigger TIME FRAME nifty bank is still very bullish as the trend remains upright. But the closing of 12th JULY 2023 seems weak. Therefore, we can see more correction in prices. Studying closely to the above analysis post can give you clues for next trade. In that we have mentioned: 1....
You wont believe banknifty only fell 0.24% vs Nifty50 0.28%. But if you look the chart pattern, the feeling you get is total bearishness. This is mostly due to the previous session's price action & a continuing lower high pattern. The 09.20 candle itself fell by 162pts, and then the late selling adjustments in HDFCBK, ICICI, SBI & profit taking in Kotak Bank all...
The stock has strongly broken the daily and Weekly Range. Please refer the Chart for SL and TARGETS. Note: This information is for education purpose only and please do your own research and consult your financial advisor prior to taking any action. TO CONNECT WITH ME CHECK OUT MY BIO. If you like this Idea, Please do like my ideas and share it with your...
Banknifty is in downtrend channel. Sell on rise is high RR trade set up for intraday. 44500 & 44000 rounding number can halt the price. Nifty re touched near to ATH again today but back made 3 day's low since both are not in line, big move may not come.
from the double bottom stock forming higher highs with RSI divergence. Expected 350+ levels in the coming days. Keep the stock in your watch list. This is for your educational purpose only.
BankNifty Important intraday levels to watch for 12-07-2023 #Support: 44700 Short if candle closes below 44700 #resistance: 44920 Long if candle closes above 44920 #Targets on downside after break of support. Target 1= 44520 Target 2= 44260 #Targets on upside after break of resistance. Target 1= 45150 Target 2= 45400 Target 3= 45650 Follow us for more such...
Good morning! As of July 12th, there is no significant difference compared to the last session. The global market is showing a positive start with moderately bearish market sentiment. It might open with a gap-up. If it sustains, we can expect the continuation of the pullback. after that if it rejects the immediate resistance zone, it will turn into a range market...
Expectations: Volatile Day Intraday Levels: Buy Above - 45050 Sell Below - 44700 To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
Good Morning Traders, We have seen Chart and got to know that Banknifty has formed a bullish flag pattern and it is travelling inside the Flag pattern, i am talking behalf of 15 mints chart. I think today or till tomorrow this should give breakout for upside. Let's see what is happening, we will trade accordingly, but before to that we will find opportunity to...
BankNifty looks weak, be cautious in buying for tomorrow. Expectations: Volatile Day Intraday Levels: Buy Above - Not interested in buying Sell Below - 44750 To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
BANKNIFTY Intraday Trade Setup For 12 Jul 2023 Buy-Above 45140 Sl-45030 T- 45397 45655 Sell-Below 44660 Sl-44770 T- 44443 44220 BANKNIFTY has closed on slight bearish sentiment once again with 0.26% cut. Buy triggered as per trade setup above 44950 and gave around 1:1 then reversed without our target. Then 10 o'clock range broke downside below 44930 and gave a...