if closing below this lvel banknifty next target 32900 🎯 in few trading sessions
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...
Levels are marked on the chart. One needs to be extra cautious in such a bearish and volatile market. Keep SL in every trade.
BNF today bounced twice from my 32499 zone. Once it bounced up and gave 390 pts and then again at day end it bounced and gave 300 pts. Best of Luck for tomorrow.
Banknifty has traded in red last week, it may consolidate and might give some retracement. Market consolidated today and took support from its 32450 support On an hourly time frame, market couldn’t cross its 20 ema and closed with some minor fall of 50-60 points The market moved on the upper side and crossed its 20 ema on 15 minute time frame. Support:- 32450,...
Hello Traders, +++++++++++ #BankNifty-20/06/2022-#Report ---------------------------------------- Opened as a Gap-Up, below PDH. Market broken PWC, PDC, and IMP-Zone. Then went to S@1-Zone and reversed. Finally closed Above IMP. -> I hope you all like my analysis. Follow me to get regular updates. -> Please do share your thoughts in comment...
#BANKNIFTY is somehow managing to save 32000 with help from major banks. Tomorrow's 1st 1 Hour Candle would be interesting. If 32400 is broken and sustained, 32200-32500 is good support below which direct 32000. Above 32800, expect 32950-33000. However, range still is 32000-33000. Expect major directional movement only when one of the level is broken and...
Today will be slightly gap down opening in banknifty. After opening expected further downside upto 32550 level and this can be extend for another 400-500 points in case banknifty starts trading below 32450 level. Any positive side movement only possible if banknifty starts trading and sustain above 33050 level.
Understanding trends through supports and resistances.
Bank Nifty has completed the wave 3 and expecting it to be bullish on monday as the wave 4 began.... expecting a reversal around 33500 region... exact reversal point will be identified as the wave continues... this analysis is just for educational purposes our team is not responsible for any profits and losses
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...
Dow jones short idea. It may test 29585 soon. It break trend line support and sustain below this, so it may test 200 sma near 29585.
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...
BANK NIFTY TODAY 17-06-22 Whole day Bank Nifty was stuck between my zone 32772-32662, it tried breaking it multiple times, but was in vain. #POWER OF TECHNICAL ANALYSIS BANK NIFTY ON MONDAY 20-06-22 This consolidation may break and bring it down towards 32000 very soon, after breaking the 32499-32335 zone, with a strong momentum candle.
Today will be slightly gap up opening in banknifty. Upside 32950 level will act as an immediate resistance for today's session. Expected further downside from this level and this can be extend for 400-500 points in case banknifty starts trading below 32450 level.
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...
On weekly chart BNF has given a breakdown if, 32K level is broken then probably 30K to 29K zone can be seen.
BANK NIFTY TODAY 16-06-22 Started with gap up above my zone 33580-33499, Gave good oppurtunity to short with tiny SL. Then went directly to 33222-33160 zone took a pause for 1.15 hours gave a good short entry again, broke support line of 33025 with momentum candle. Reached the last zone of 32739-32630, which was in confluence with my down trending channel and...