Nifty & Bank Nifty Analysis For Next Week 13 May-17 May 2024In this video, we'll discuss about Market's Last Week Movement and we will try to analyze Coming Week's probabilities in Nifty, Banknifty and other segments too.
Whether you're a seasoned trader or just starting in the stock market, this analysis will help you in Learning about Market. Let's get right into it!
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Disclaimer : All views and charts shared in this video are purely for knowledge and information purposes only. Trading is Very Risky Business and it should only be done with proper Knowledge. It is very important to do your own analysis before making any investment based on your own personal circumstances.
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Banknifty Intraday Prediction Levels for 16 Oct 2023Banknifty Intraday Prediction Levels for 16 Oct 2023
The chart indicates 15 min time frame. These Levels act as Support and Resistance according to position of price . They are strictly for Intraday Trading only. Execution only after break and close above the Resistance zone/Line or below the Support zone/Line.
Major Resistances- 44570,44760,44920,45120,45330,…
Major Supports- 44090,43900,43760,43700,43600,43500,43420,43295,43100,42875,42680,…
These levels act as support and resistance. You have to trade according to level breakout or breakdown. First target is immediate next level. When first target is achieved go for the next one and so on.
If You are a new trader then just watch ( No Trade) these levels for some days.
Happy trading.
Disclaimer:
I am not a SEBI Registered Analyst. Anything posted here is my own analysis and views. This is created for educational purposes only. Always consult your Financial Advisor before taking any decision or trade.
BankNifty Daily Levels Update For Option Day Trading Banknifty Possible Targets in Option Day Trading
Major Support Zones For BankNifty
First Support Zone For BankNifty – 39115 - 39139
Second Support Zone For BankNifty – 38911 - 38945
Third Support Zone For Bank Nifty – 38700 - 38740
Major Resistance Zones For BankNifty
First Resistance Zone For BankNifty – ( 39595 - 39572 )
Second Resistance Zone For BankNifty – ( 39715 - 39676 )
Third Resistance Zone For BankNifty – ( 39940 - 39909 )
Forth Resistance Zone For Bank Nifty - ( 40203 - 40166 )
Banknifty Spot chart analysis for 02.08.2022Banknifty standing between an extremely strong resistance zone of 37847 to 38023.
if banknifty crosses over 38023 then it may also cross 38209 and may reach to the level of 38404.
between 38404 to 38608 is also an extremely strong resistance zone.
If Bank Nifty crosses over 38608 then it may reach to the level of 38781.
if banknifty crosses down below 37847 then it may also cross 37684 and may reach to the level of 37521.
if banknifty crosses down below 37521 then it may take support on 37382, 37382 is a strong support.
If banknifty crosses down 37382 then it take bounce back from bounce back zone.
it is highly unlikely that banknifty will cross 38778 tomorrow and reach higher levels.
BankNifty Daily Levels Update For Option Day TradingMonday Possible Trade in Banknifty
CALL SIDE TRADE
Trade Entry – If Banknifty Sustain Above Support (33000 ) You Can Buy ATM call Option –
Trade Target – For upside First Target for Banknifty is 33200
Trade Stoploss – If any 30 min candle Closes Below 32950 or max .40 Points.
PUT SIDE TRADE
Trade Entry – If Banknifty Sustain below 32950 You Can Buy ATM Put Option.
Trade Target – For Down side Tomorrow First Target for Banknifty is 32500 and second target is 32100
Trade Stoploss – If any 30 min candle Closes Below 33000 or max .40 Points
Live BankNifty Chart Analysisfor Trading 5may 2022
Bank Nifty Todays Important Key Levels to Trade
Bank Nifty Max Pain - 35800
BankNifty PCR ratio - 0.9737
As Per Open Interest Maximum Open interest at Call Side 36000
As Per on Bank Nifty Chart Analysis First Support at - -35657
As Per on Bank Nifty Chart Analysis Second Support at - 35346
As Per on Bank Nifty Chart Analysis Resistance at 36000 and Second Resistance at 36190
Try To Buy Put Near Resistance and Buy Call Near Support
For More Details Search in Google - Manoj Shinde 27485