Quite glad yesterday's shorting idea worked - read here. But not that glad the last 2 hour recovery really messed with my analysis. Bank nifty opened gap down at 41462 (right at the support line of 41459). BN tried to close the gap in the first 5mts itself but didnt have enough momentum. Yesterday we had analyzed the heavy option writing volume for the far OTM...
Banknifty has given a "V" shape recovery, but still closed on the red side losing 180 points. The global markets are negative and crypto to are trading in red this week. Index opening below 20 ema, on hourly time frame, and took resistance and touched a low of 41300 level. On 15 minute time frame, the markets came for recovery after taking support from the 200...
Hello Traders, These predictions of Bnf would help you in understanding price action on chart . If you want to get more details of Entry & Exit with tomorrow's predictions, available below. My motive is to make your trading easy from complex confusion of market. Yogesh vats
bank nifty didnt break a all time high with huge rally and volume and it has a formation of bullish trap if it breaks a trend line it may a trap for bullish so conservative traders wait for a huge rally or drop be patient on market now a days its sellers market happy trading
Today will be a gap-down opening in BANKNIFTY . Expected opening near 41550 Level. After opening if the bank nifty sustain above this level then a possible Upside of 400-500 points up to 41950. And this rally can extend for another 400 points if it gives a breakout of the 42050 level. Any Major downside only expected in case banknifty starts trading below 41450.
Hello Traders, This charts shows prediction made for today's trading. On dot support and resistance can be seen in price action of this index. For detail analysis on this price action and tomorrow's prediction can see below. My aim is making your trading easy. Rest your understanding of price action. Yogesh vats
Banknifty on the daily time frame has again given a hanging man doji. The markets are still indecisive. The markets are unable to carry on the trend and momentum can be seen tomorrow as there is weekly expiry. On the hourly time frame, the market tested today's opening price and there was a nice sell off during the last hour. There was a support from 20 ema on...
Hello All, Hope everyone are doing great. Please find my previous related idea where I mentioned about the consolidation that was happening from Diwali 24 Oct till yesterday. Somehow that range had broken yesterday and retested today. There is no great momentum today but if market sustains this level can go higher levels. Expecting slight gapup tomorrow but...
all expected bank nifty will gap down and break all time with huge volume but unexpectedly opened gap up and fall but we can see the formation cup and handle on 5min so no one will expect this next will be a huge buy rally so lets be safe and dont be trap on bearish idea happy trading
Today will be a gap-up opening in BANKNIFTY. Expected opening near 41950 Level. After opening if the bank nifty sustain below this level then a possible downside of 400-500 points up to 41550. And reversal chances of from 41550 level. And this rally can extend for another 400 points if it gives a breakout of the 42050 level.
banknifty trend behave as per view on today now time for next day analysis. #banknifty call above 41900 tgt-42100\42900 #banknifty put below 41500 tgt-41300\40000 appreciate & follow for new update,opportunities clear indication in 15 minute time frame chart. plz read everythings will clear in trend. banknifty gap down open than support is 41500,41300,41100...
Finally, Banknifty on the daily time frame has good bullish closing above the previous close. And has formed a bullish hanging man candle on daily time frame. Dow has given a nice break out above the 33000 level and Sgx nifty is around 18400 which shows that Indian market will show a gap up opening. Banknifty can make a New ATH in the opening. On the hourly...
Today will be a gap-up opening in BANKNIFTY. Expected opening near 41450 Level. After opening if the bank nifty sustain below this level then possible downside rally up to 41050. And Reversal chances above this level 41050 level. and then a possible upside rally up to the 41450 level and this rally can extend for another 400 points if it gives a breakout of the...
Banknifty on the weekly time frame has formed a neutral doji and still trading in the same range. For last 11 days, banknifty has been trading in a range of 40800-41500. Index has been consolidating and on the last trading session banknifty has consolidated near the 20 ema on hourly time frame. Markets has consolidated for 2 weeks in a range and remained in a...
Hello traders, Every trader wants to be sure about their trades. Hope these predictions which I made one day ago the trading session would help you to get required confidence in your trades. For more details (below).
appreciate & follow for new update,opportunities clear indication in 15 minute time frame chart. #banknifty call above 41500 tgt-41700\41900 #banknifty put below 41000 tgt-40900\40000 now for short = neutral open #banknifty 41150 buy put banknifty for tgt -41000\40000
Banknifty clearly in rang , wait for proper breakout either upward or downward , after break market give at least 400 -500 point in Intraday Basic . Levels are draw in Chart . To safe trade
Today will be gap up opening in banknifty. Expected opening nearl 41500 level. After opening if banknifty starts trading above 41550 then expected strong bullish rally upto 41950+ level. Any downside possible below 41450. Downside 41050 will act as an important support for today's session.