NSE:BANKNIFTY1! 📊 Each levels Act as support and resistance 📈📉. One can trade on 3min, 5min and 15 min as per their trade set up. For reference, one can check our old published ideas. If any candle taking support from any level then try to identify that is that reversal candle at support or what if that is reversal candle then go long above that reversal candle...
Banknifty has shown extreme volatility based on global cues and Mr. Powell's speech and it is very difficult to trade unless you are already on the winning side. General consensus is not clear but bias is bearish for now. Conviction bearish Bias bearish Trade Setup Long above 39674 Target 39947 Short below 39287 Target 39000 >>Option buying<< (take next week...
In the video I have done weekly analysis based on last closing.
Banknifty on the weekly time frame has formed a bullish engulfing candle and took rejection from the recent high forming a double top pattern, It remained strong as compare to the other index(nifty) and gained 1% this week. On the daily time frame, market has formed a perfect doji and an inside candle. The market respected the first hour high and low and...
these are levels are bank nifty levels are based on price action I'm just sharing my view i'm not responsible for any profit or loss
Zones & Levels are to give you precise entries with good risk reward, hence respect them when you trade it, it may some times get breached and re tested, hence be strict with your stop losses and profit targets.
Banknifty Levels For F&O Live Day Trading Support Zone 1 - 39080 - 39116 Support Zone 2 - 38883 - 38910 Support Zone 3 - 38702 - 38745 Resistance Zone 1- 36619 - 36599 Resistance Zone - 2 - 37781 -37745
Hi Guys, Market trading in range from quite some time. Either side breakout will give you good return. Please keep SL as per your comfort and manage risk before taking any trade.
plz like,boost,comment to appreciate our ideas *============= new day >>.new tgt ready for hit buy #banknifty Ce above 39450 tgt-39600/40100 sl-39300 buy #banknifty pe below 39150 tgt-39000/38400 sl-39250 # this setup will work in this weekend or also work whenever in this range * gap up/down open than we will wait for market settle* *gap up open than sell...
SGX nifty indicates a neutral start. if the market breaks the previous day close, it will reach fib78%, which is a rejection level, if the market breaks that level with some consolidation, it will go further. On the other hand, if the market breaks the previous minor swing low, it is a sign of minor decline.
Today will be slighlty gap up opening in banknifty . After opening if banknifty sustain above 39550 level then possible upside rally upto 40000+ level in today's session. In case banknifty trade below 39450 level, it can go upto 39000 level.
Banknifty Support and resistance for Day Trading in India Resistance 1 - 39384 Resistance 2 - 39619 Support Zone 1 - 39384 Support Zone 2 - 38843
BANK NIFTY as per 15 min chart analysis below follows my observation Above 39500 Resistance 39546 / 39597 / 39640 Below 39157 Support at 39103 / 39077 / 39031 Posted Today at10.04 am for the Above mentioned Resistance and Support where respected in the Bank Nifty Chart Happy Profitable Trading to All.
Banknifty heading towards 41000 ?? Technically YES, as per the analysis it is forming W - Pattern and currently at resistance. We can see RSI Divergence indicates the Strong reversal in the trend which is a good opportunity for swing entry to go long keeping SL 38800 - Target we can expect another 1500 Points move that is 41000 will be tested soon.
For bank nifty 39500 is a crucial resistance. we have observed that on Tuesday and even today index tried to break and attempted multiple times but failed to sustain and there is high possibility that bank nifty can see 38k soon.
Banknifty after a gap down tried to cross the previous day high but couldn’t sustain the levels and closed above 20 ema. After the initial hour up move the market slowly retested its hourly 20 ema. On the hourly candle an inside candle is formed. On 15 minute analysis, it closed just around the 20 ema and trading above the 200 ema. Support:- 39140, 38900,...
Hi Guys, We can go for Bank Nifty Long only if closing happen above 39650. BN facing strong resistance in this area and seller is getting active. One can consider for long above this level. Until then this is good resistance area for intraday trader. If you like this content then please like and follow. If you have any suggestions or questions then please add...
plz like,boost,comment to appreciate our ideas *============= new day >>.new tgt ready for hit buy #banknifty Ce above 39720 tgt-39900/40100 sl-39600 buy #banknifty pe below 39300 tgt-39100/38400 sl-39400 # this setup will work in this weekend or also work whenever in this range * gap up/down open than we will wait for market settle* *gap up open than sell...