Weekly Analysis BankNifty Between the last expiry & today, banknifty has gained 923pts ~ 2.08%. The rally not as neat as Nifty50 but more than enough to get the job done. Remember BN hit a new ATH this week. Today's Analysis BankNifty did not follow N50 initially, for a noticeable time BN was hinting at a sideways move. HDFCBk started the day in red, ICICI &...
In today's trading session, TECHM has given the major resistance line breakout. Keep your eye on the stock if 2-3 candles sustain above the resistance line it can be a trending move. Disclaimer - I am not a SEBI-registered technical analyst and advisor so contact your financial advisor and make a self-decision. I will not be responsible for any profit and loss
BANKNIFTY Intraday Trade Setup For 07 Jul 2023 Buy-Above 45420 Sl-45310 T- 45655 45859 Sell-Below 45190 Sl- 45300 T- 44965 44747 BANKNIFTY has closed on a bullish note with 0.42% gain today. It was bullish since opening price. However there was premium eating in the second half. Buy triggered above 45275 and it gave small gain of 140+ points just like...
The FASP for BankNifty is listed for 07-07-2023. 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...
Nifty on the daily time frame has given a nice move and closed around the round number figure of 19500. The market gave a nice move in the first hour and consolidated whole in a range. During the last hour too the market gave a break out and gave a fifty points. Market is moving in a good bullish cycle of consolidation and breakout. On 15 minute time frame,...
Banknifty important intraday levels to watch, #Support: 45000 Short below: 45000 #Resistance: 45256 Buy above: 45260 wait candle closing before initiating any trade, always use stoploss to protect your capital. Follow us for such educational Ideas and please comment if you have any queries.
Hello Trader, Good evening, Sorry For delay in updation. I hope you guy's will be doing good in trading and in your life. So, My view on today's Banknifty has worked accurately, which we discussed in last idea. Today also i have marked important levels on Chart. According to me tomorrow again banknifty should go down after opening in gap up. Chances are high that...
3 Reasons why the Nifty may perform better than BankNifty in the next few months Banks are relatively overbought - Esp ICICI, SBIN, Kotak, HDFC FMCG, Auto could help the Nifty outperform Vs Bank Nifty Bank Nifty has hit its life high and reversed - the Nifty still hasnt
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. And this rally can extend for another 400 points if it gives breakout of 45550 level. Any Major downside only expected in case banknifty starts trading below 44950 level. also possible Reversal Downside 45450 level.
"Good morning! As of July 6th, the global market is showing slightly negative stats with a moderately bearish market sentiment. It might open with a minor gap-down. After that, if it takes support around the immediate support zone, we can expect a range-bound market. On the other hand, if it breaks the immediate support, then the correction will continue."
Banknifty yesterday traded in a zone, after seeing a global indices, indian indices may took a pause in rally, may be sideways, follow chart for today expiry.
BANKNIFTY Intraday Trade Setup For 06 Jul 2023 Buy-Above 45275 Sl-45165 T- 45465 45655 Sell-Below 45070 Sl-45180 T- 44855 44667 BANKNIFTY has closed with a slight cut of 0.33% cut today. Sell triggered as per trade setup below 45220 and gave a small gain of 140 points. Overall it was complete sideways session with almost random moves. Last day it was said that...
The FASP for BankNifty is listed for 06-07-2023. 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...
Banknifty's chart was looking quite different from that of Nifty50 today. This might be because of the -3.18% fall in HDFCBK. Finnify was looking weaker as the HDFC also weighed its -3.07% loss. Earlier in the day N50 was struggling to stay green after this duo tanked. BN followed a falling channel today, the rally in last 30mts made a difference but was not...
Expectations: Volatile Day Intraday Levels: Buy Above - 45290 Sell Below - 45080 To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
Banknifty after forming an ATH has formed an evening doji at the highs which is at the trendline on the weekly charts . A move below todays low of 45,000 might trigger some sharp pullback after a decent rally. Follow @piyushrawtani for more
Bank Nifty Moving within first 15 minutes candle since morning. breakout of either side will be interesting to see.
BankNifty Important intraday levels to watch for 05-07-2023 #Current price: 45283 #Support: 45230 Short if candle closes below 45230. #resistance: 45400 Long if candle closes above 45400. #Targets on downside after break of support. Target 1= 45000 Target 2= 44880 Target 3= 44700 #Targets on upside after break of resistance. Target 1= 45650 Target 2 =...