Banknifty Weekly trend analysis trading in channel. showing weakness on chart
Bank nifty has reached its right shoulder level so there could be a little re test of correction in the down trend. So if any one is in buy trend kindly make ur analysis and adjust ur positions. And the analysis which is shared here is only for education purpose and i might be wrong in my analysis too. So kindly do ur own analysis and take ur trades.
Hello All, Please refer my previous related idea below where I expected 39700 level to be touched next week but it touched 39400 as well in this week itself. So again we saw great selling as inflation fear and FED has been given interest hike warnings. FII has sold 2899 cr and DII has bought for 299 cr as moreover same like yesterday. Important trend has been...
This video is only for educational purpose, Do your investments with your financial consultant...
Bank nifty decisively broke 2 support levels today - opened gap down at 40429 midway between the SR levels. Made continuous red candles and broke the first support level at 40149 at 9.30. The red candles didnt really stop till the 2nd support level of 39739 was reached. The first batch of selling took a pause only at 10.20. But by 12.10 even this SR level was...
another hit day plz like,boost to appreciate our ideas== #banknifty call above 40750 tgt-40950\42000 #banknifty put below 40550 tgt-40300\40100 sl keep 100 points atleast gapdown open than buy call above 41500
Banknifty Fut may open negative around 40615. This trend is not a major downtrend. If banknifty systains above 40615 then it may bounced towards 40715 & 40840. If it breaks 40580 in downside, it may reach 40450, 40380, 40174, 40074. Bull'll get active above 40800. If sustains here then it may reach 41000, 41200, 41400 (positionally)
Hey Guys, Hope everyone doing good. We had a good day today and both index moved as expected, here with i am sharing my view for 23rd and how to trade the setup. Note - this video is clearly for educational purpose and not at all a trade recommendation. Please trade after consulting your financial advisors.
Banknifty Possible Trade in Option Day Trading SUPPORT 1 - 40530 SUPPORT 2 - 40165 RESISTANCE 1 - 40862 RESISTANCE 2 - 41162
Hello All, Please find my yesterday idea below where head and shoulder pattern was activated and nicely retested. Market is sustaining in 40K levels but before breaching all time it might correct sometime. Based on FII and DII data FII has sold 2500 cr and DII bought around 250 cr. 38000-39700 was key level from where market has been pushed higher levels. If...
Banknifty standing inside a strong resistance zone of 40562 to 40717. if banknifty crosses above 40717 then it may also cross above 40878 and may reach to the level of 41062. between 41062 to 41256 is also an extremely strong resistance zone . If Bank Nifty crosses over 41256 then it may reach to the level of 41421. if banknifty moves down below 40564 then...
The indices failed to hold higher levels on account of the rate hikes going on, but will they weather the storm well?
Banknifty on the daily time frame has formed a doji after a gap down and tested its level of 40500. On the daily time frame, the market has closed below 41000 and closed convincingly below the level of 20 ema. The market has given a nice down side movement and closed between both the EMAs There is a bearish moving average cross over on 15 minute time frame and...
As expected Bank nifty gap'd down and opened at 440889, but as unexpected BN rose to fill up the gap till 9.35. And what happened from 9.40 to 10.40 was again as expected wherein the BN falls to the support and then makes a pause. Infact what even happened from 11.05 to 12.40 was as planned. But what really shocked was the move from 12.45 to 14.05. I had...
Banknifty analysis:- Banknifty Fut today may open at 41100 & may test 41000 & 40812. If banknifty hold 41000 level then it may bounce back towards 41200. If break 40800 in second half free fall is expected. Rollover cost 18.61% & Maxpain of today's contract is 41200 How to execute this plan Scenario 1:-I am expecting fall till 1:15 p.m @ 40812. After that...
another hit day plz like,boost to appreciate our ideas== #banknifty call above 41400 tgt-41600\42000 #banknifty put below 41100 tgt-40900\40500 sl keep 100 points atleast gapdown open than buy call above 41000
Hello Friend, here with i have shared my view for nifty and bank nifty after fed price hike and how to trade. Note - The video is for educational purpose, not a trade recommendation. please trade on your won risk regards, Sabir nayak
Today's will be gap down opening in banknifty . After opening if banknifty sustain below 40950 level then expected downside go upto 40550 level and this can be extend for downside upto 400-500 points in case banknifty starts trading below 40950 level. in case banknifty starts trading above 41050 level expected upside go upto 41450 level.