Bank nifty opened a bit gap down at 38957 and till 09.50 it was failing to close the gap or trade higher. Remember yesterday we discussed that the top made on 12th did not break the swing high of 11th - read here. It proved that the final hour of yesterday’s close was basically short covering and not fresh longs. The opening 30mts today gave all those who covered...
buy #banknifty call above 39250 tgt-39400\39600 if market sustain above 39500-39600 range than tgt will be 39900. buy #banknifty put below 38900 tgt-38700\37600 if gap down open than buy 38700 below tgt-38500\38000 sl keep atleast 100 points. so dear traders clear setup provided,nothing to loose ,,,,,,,,,,
Today will be a gap down opening in BANKNIFTY. Expected opening near 39000 Level. After opening possible further downside of 400-500 points from 38950 level upto 38550 level. Any Bullish rally is only expected in case banknifty starts trading and sustains above 39050+ level.
Level for Expiry :- If we are getting the price of bank nifty near 38800 then can initiate long with a reversal candle. SL, 38750 TGT -39147,39420, 39600 If Index sustaining bellow 38750 then we can play short TGT of 38650, 38200 SL - 38950 #Note - The idea is shared for educational purpose and not a trade recommendation, Please trade after consulting your...
Banknifty support and resistence level for 13/10/2022 long above 39300 target 39500-39550 short below 38950 target 38700-38550
Bank Nifty is near the channel's bottom line. And most probably it shouldn't break the line and start another up move and expecting positive movement in weekly expiry.
Bank nifty made some interesting price action today. It opened at 38784 above the support line of 38698 went down all the way to 38606 and closed the first candle above this support. Well that was the low for the entire day - the support level was tested once more between 10.45 to 11.10 after which BN steadily rallied higher. Personally i felt BN will trade...
Hello All, Please find the related idea below where it touched 39100. Today market has opened with +73 points and the momentum continued till 38900. After that market has range bound traded between 38700 to 38900 levels till 1:55 PM. Exactly at 2 PM 38900 level breached and it went to 39100. To summarise it market just tallied the yesterday down move. Yesterday...
Today will be a flat opening in BANKNIFTY. Expected opening near 38850 Level. After opening possible reversal of 400-500 points from 38950 level. And this can extend for another 400 points if it gives breakdown of 38450 level. Any Bullish rally is only expected in case banknifty starts trading and sustains above 39050 level.
tomorrow buy put only banknifty put below 38400 tgt-38200 gap down open than buy put below 38000 tgt-37800\37500 call only above 39200 only tgt-39400 sl keep 100 atleast
dear traders due to results and dii compensate with positive note can market save from crash tomorrow. -sentimental view. now technical view buy #banknifty call above 39250 tgt-39400\39600 if market sustain above 39500-39600 range than tgt will be 39900. buy #banknifty put below 38900 tgt-38700\37600 if gap down open than buy 38700 below tgt-38500\38000 sl...
Bank nifty’s performance today was quite surprising. Opened at 39058 right near where we closed yesterday. Usually BN has the habit of opening gap up or gap down everyday, but today’s open was the first surprise - the trade was almost the continuation of yesterday’s price action. Secondly the IV (implied volatility) of bank nifty was very low even while...
Hello All, Flat opening today and followed by 150 points down. After that just consolidation only. 300~ points down exactly after 2:50 PM. Market is weak due to global markets. We can see tomorrow down momentum continuation till 38000 or gap up and upmove to 39100. Always trade carefully with proper SL because it’s your hard earned money. Please note this is...
Bank nifty has been consolidating near the resistance area on 1HR for sometime now. Expected movements and entry/exit levels discussed in detail in this short video. Cheers =)
Banknifty on the daily time frame has closed almost flat losing around 80 points. After a gap down of more than 400 points, banknifty regained and filled the gap. Though, in the second half the market remained in a consolidation zone. On the hourly time frame, market has closed between both the moving averages. Banknifty has taken resistance from its 200...
NSE:BANKNIFTY currently travelling through parallel channel, might continue going upwards till channel is broken.
another hit day plz like,boost to appreciate our ideas== #banknifty call above 39400 tgt-39600\39900 #banknifty put below 39000 tgt-38800\37000 sl keep 100 points atleast #banknifty form a support base check verify calls with google ,don't trape in big group, free fake calls. "gap down open than buy put below 38800 tgt-38600/38000
Higher gap down opening expected in banknifty. Expected opening near 38500 level. After opening if it is sustain above 38550 level then expected correction movement upto 38950 level. Any bullish side rally only expected if banknifty starts trading and sustain above 39050 level after opening. Further major downside possible if it is starts trading below 38450 level.