Banknifty on the daily time frame has given a dragon fly doji and has given a close above 18300 level. The index has formed a higher high lower high pattern and is taking near a resistance zone. After a initial sell off the market has regained some points and gained 200 points. The market on 15 minute time frame, has crossed 20 ema and took resistance from the...
Today will be a gap up opening in BANKNIFTY . Expected opening above 43050 Level. After opening if banknifty sustain above this level then possible upside rally of 400-500 points upto 43450 level And this rally can extend for another 400 points if it gives breakout of 43550 level. Any Major downside only expected in case banknifty starts trading below 42950 level.
Banknifty on week to week basis has closed only 120 points higher and is taking upper wick rejection. The market has been trading in a narrow range and trending market is expected once the market start closing above 43300 or below 42800 levels. Consolidation is there on the higher levels and both the indices have formed new ATH's. On the daily time frame, the...
Relatively a quieter day with no major swings. The opening was a deep gap down at 42976 and we had a green first candle. Approx 142pts recovered in the opening 5mts. Ideally bank nifty has to be compared with Nifty50 to get some relativity. Bank nifty was more stable than Nifty today - Nifty kept on dropping till 12.35 before it got support and had a minor pull...
NiftyBank OneHour Chart Analysis with Banknifty Confirm Target Down Side Targets For Banknifty First Support Zone For BankNifty – ( 42912 -42927) Second Support Zone For BankNifty – ( 42770 -42785 ) Third Support Zone For Banknifty - ( 42600 -42635 ) Up Side Banknifty...
Banknifty Live Chart Pattern Analysis 02 Dec 2022 Looks in hte range bound still trying to cross the resistance Due to making a rising wedge pattern in the long range this is now in HL 3 as per my observation So its probability to break the for current wedge pattern and go for long
Wedge Pattern in Banknifty Be aware After Proper breakout you should take proper trade Still there is chance to Uptrend When you think that its a probability to uptrend then sit tight and wait for the proper entry This is a mental setup in the world no body teach you how to release Stress after taking a wrong entry PCR 0.68 If you think its down then do your...
Today will be flat opening in BANKNIFTY . After opening if the bank nifty sustain below the 43450 level then a possible downside of 400-500 points up to 43050. And reversal chances of from 43050 level. And this rally can extend for another 400 points if it gives a breakout of the 43550 level.
Resistance level: 43448.20 Support level : 43125.80 ****Fib Retracement levels will act as the support or resistance**** If candles are sustaining or break above resistance level , we can expect upside move and the targets will be fib retracement levels as per chart If candles are sustaining between resistance and support levels, consider as neutral If candles...
The frustration i had trading yesterday was a blessing for today, its because technically i felt bank nifty is showing bearishness and was looking out for bearish opportunities. The last 30mts rally on 30th Nov changed my opinion. Its not that i became bullish, but that i decided not to have a bias. Bank nifty opened mega gap up at 43512 (new all time high) and...
Banknifty Chart Pattern Analysis Probability is to take support near 43100 Bulish SIgnals-- 1 Accesding pattern is very popular for bulish signal 2 USD INR trends Down 3 FII data-Net Purchase activity shown Still its believe that breakout for high after taken a valid support NSE:BANKNIFTY
Channel and Wedge Pattern Its a very interesting chart analysing for everyone This is very important for trading Both are bulish sign but its very much important to understand for a intraday trader that what will going to making in the chart please comment if I am wrong.
BANKNIFTY BULISH MOMENTS Banknifty Chart Pattern Analysis 43500 ITS LOOKING VERY EASY BUT VERY TOUGH TO FIND THE TARDE
Today will be a gap up opening in BANKNIFTY. Expected opening above 43550 Level. After opening if banknifty sustain above this level then possible upside rally of 400-500 points upto 43950 level And this rally can extend for another 400 points if it gives breakout of 44050 level. Any Major downside only expected in case banknifty starts trading below 43450 level.
buy @3350 tgt-3400\3500\4000+ strong fundamental,technically ,bullish behaviour in given range.
Banknifty on the daily time frame has formed a dragon fly doji and gave a nice movement during the closing hour of the session. The index has been consolidating on the higher levels and can give a good moment either side as tomorrow is a weekly expiry. On the hourly time frame, the market has formed a W-shape pattern and is respecting the 20 ema. Market has...
In this video I have shared banknifty expiry analysis. Follow the video and mark these levels on your chart. Like the analysis and follow for more videos. Thanks!