Today will be a slightly gap down opening in BANKNIFTY. Expected opening near 41050 Level. After opening if banknifty sustain above this level then possible upside rally of 400-500 points upto 41450 level. And this rally can extend for another 400 points if it gives breakout of 41550 level. Any Major downside only expected in case banknifty starts trading below...
#banknifty call above 41500 tgt-41700\42000 #banknifty put below 41100 tgt-40900\40600 plz like,boost to appreciate our ideas== sl keep 100 points.
We just had a 1hr of trade today - Muhurat Trading as part of Diwali 2022 ie from 18.15 to 19.15. Bank nifty opened gap up at 41348 just above the resistance level of 41312 made a confusing kinda kindle the first 5mts. The wicks were very long as well as the body - so the momentum was hard to guess. For the next 10 candles BN traded just below the resistance...
Happy Diwali To Everyone. On This Muhurat Trading session, If banknifty starts trading above 41050 level then expected strong upside bullish rally upto 41450+ level. Downside 40550 will act as an import support for today's session. Session will be higher volatile so trade strictly with less lot size.
If BankNifty sustain above 40000 by 18 OCT it may touch 41000 as per the current channel.
Bank nifty opened gap up at 40370 almost midway between the support & resistance levels. The opening 15mts indicated the direction is towards upside (3 good green candles) and we were not disappointed. Usually BN makes fake move in the opening minutes - but today’s strength was quite strong. #AXISBANK had announced good results & this was the fresh trigger that...
Today will be a flat opening in BANKNIFTY. Expected opening near 40050 Level. After opening if banknifty sustain above this level then possible upside rally of 400-500 points upto 40450 Level. And this rally can extend for another 400 points if it gives breakout of 40550 level. Any Major downside only expected in case banknifty starts trading below 39950 level.
another hit day plz like,boost to appreciate our ideas== #banknifty call above 40300 tgt-40500\41000 #banknifty put below 39900 tgt-39700 \39100
Hello All, Please find my related idea below where it took support at level 39900. I just compared the structure with previous channel pattern. Same might occur again. A gap down till 39500 and followed by short covering till 40300. Always trade carefully with proper SL because it’s your hard earned money. Please note this is just my observation and purely for...
Bank nifty opened gap down at 40149 almost at the support level and then continued to trade downwards. Looking at the first 15mts of trade i thought we would see a giant red daily candle - but that did not happen. The selling got arrested 39887 level even before the 2nd level of support reached. This may indicate that today’s trade is just positioning for the...
Banknifty on the daily time frame has formed a dragon fly doji. Market consolidated whole day and gave a break out in the last hour of the trading session. There was sell off even after a gap down and traded whole day below the 20 ema on the hourly time frame. Though, in the last trading session market closed above the level. On 15 minute time frame, the traded...
Hello traders, For prefect daily predictions you can see the marked levels given yesterday. And now compare the price action with them. Detailed explanation available below.
another hit day plz like,boost to appreciate our ideas== #banknifty call above 40550 tgt-40700\41000 #banknifty put below 40200 tgt-40000 \39100 gap down than buy put @39900 tgt-39700/39000
Today will be a gap down opening in BANKNIFTY. Expected opening near 40000 support Level. After opening if banknifty sustain above this level then possible reversal of 400-500 points upto 40450. And this rally can extend for another 400 points if it gives breakout of 40550 level. Any Major downside only expected in case banknifty starts trading below 39950 level.
Bank nifty opened gap up at 40556 and tried very hard to go up, even though it tried for the first 18 candles - BN was unable to just rally. This may be due to exhaustion after few days of rally. Or maybe the fresh longs are waiting on the sidelines for another trigger. From 10.40 to 13.05 we had a beautiful fall which even closed the gap, but couldnt take out...
Banknifty on the daily time frame has formed another doji. Market after a gap up has closed almost flat and took support near previous day low. In the initial hour of session, there was a sell off and it consolidated in the second half of the trading session. The market remained volatile and took resistance from 40500 levels. On 15 minute time frame, the market...
another hit day plz like,boost to appreciate our ideas== #banknifty call above 40450 tgt-40600\41000 if gap up than follow below setup #banknifty call above 40650 tgt-40800\40000 #banknifty put below 40100 tgt-39900\37800
Today will be a gap up opening in BANKNIFTY . Expected opening near 40500+ Level. After opening if banknifty sustain above this level then possible upside rally of 400-500 points upto 40450. Any Major downside only expected in case banknifty starts trading below 39950+ level.