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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.
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.
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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...
Hi Guys
Bank nifty trading in channel
Either side break will give you good profit.
Note - This will be highly risky trade since today is expiry. Trade with max 5-10% capital.
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
Happy Profitable Trading to All.
SGX Nifty marks a negative start. The nature of the market range bound. If the market takes immediate support, we expect a good bounce back from that current swing. On the other hand, if the market forms a solid red candle, it is a sign of a correction and the market correction will take some consolidation to continue.
Today's will be gap down opening in banknifty . After opening if banknifty sustain above 39050 level then expected upside up to 39450 level. and downside expected below 38950 level. and this can extend for further down side rally upto 300-400 points in case banknifty starts trading below 38450 level.
Nifty bank going to start with gap down today .nifty 50 future already trading below 350 point to last close of our nifty points 17774. But today nifty future trading in 17487. So bank nifty opens gap down today exception. Weekly expiry also added. Rollercoaster ride starts. Thank you
Banknifty has given a nice bullish movement and gained 1260 points.
The markets soaked in the gap down of monday and gain 550 point on the weekly time frame.
This kind of momentum was not expected.
There is a bullish moving average cross over oh 15 minute time frame and closed above the levels.
Support :- 39380, 39140
Resistance :- 39650, 40000
The markets...
All the information shared in this chart is provided for strictly educational purposes only. This chart is sharing information are based on the theory of technical analysis. This is not an offer to buy or sell stocks, futures, options, commodity, forex, interests or any other trading security. Back test yourself before jump into live market consult your financial...
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