NSE:BANKNIFTY bank nifty buy zell zone movement based prediction, above 44700 bnf can hit the targets market above 44700 and below 44450 we may see 44200/44160 or 44000 zone being retested, be carefull and warch the price action being formed at the buy/sell zones and plan your trades accordingly. PS- BEST TIMEFRAME FOR THESE ZONES ARE 15 MIN OR 30 MINS ONLY.
"Good morning, friends🌺! As of November 30th, the global market sentiment remains bullish, supported by the Dow Jones. However, our local market exhibits a significantly bullish trend. It might open with a neutral to a slight gap-down, considering the GiftNifty value at -10. Structurally, it appears to be a range-bound market. Even if it opens with a gap-up or...
BankNifty Analysis Recap from yesterday: “BankNifty has picked up decent momentum from 22nd Nov when it bounced from the 43253 support level. The next level to watch is 44063 and till that is not taken out, I wish to maintain my neutral stance. Once BankNifty also goes bullish, it will be a treat to watch as Nifty is already long.” 5mts chart link - click here...
The FASP for BankNifty is listed for 30-11-2023. You can add this levels to your trade setup for better results. This should not be the only indicator but an additional tool to increase your winning possibilities. What is Fibolysis Anchor SupRes Points(FASP)? It is a unique level arrived by using Fibonacci Retracement , Fibonacci Extension , Standard Pivot levels...
Bank Nifty has been weak in the past few days and is underperforming. Today, the 9:30 candle created a firm support. Marked levels can act as suitable targets for BNF to reach today. There can be a huge gamma blast if BNF crosses 44160. 44272 can be an achievable target for BNF. ~44400 is the last known resistance, which made BNF move down close to 1000 points.
BNF gave a beautiful breakout from this Inverted HnS pattern. It can reach upto Previous ATH. Have a long bias
Bank Nifty after a jump.... what next !!!!! Will it take rest in the marked zone or jump or reverse.... Keep Learning with NG
"Good morning, friends🌺! As of November 29th, the global market sentiment remains bullish, as indicated by the Dow Jones. However, our local market shows a moderately bullish trend. It might open with a slight gap-up start, considering the GiftNifty value at +60. If the gap-up sustains, then we can expect a rally continuation with minor consolidation. On the...
As we discussed yesterday, Banknifty moved to upside and took a retrace and again continue the bullish momentum. By looking the chart and OI data Banknifty is highly likely to move in the up direction. Reasons: BANKNIFTY break the range by making inverted HNS pattern. (Bullish) RSI has broken to upside and retraced. (Bullish) Price > EMAs (Bullish) ...
BankNifty Analysis BankNifty was following the last day’s price momentum, but it did not have an acceleration similar to Nifty today. Well the main reason why Nifty got that push was due to the 10% upper circuit hit on ADANIENT. Even ADANIPORTS also closed quite well today. Both of them combined added 39+ pts to Nifty’s gains today ~ 0.19%. You deduct that, you...
All INSURANCE sector STOCKS in breakout level watch.. Them - LICI , GICRE , NIACL , Edelweiss. - Edelweiss -you can also look on my past analysis on this stock Or should i post charts of all these stocks ?... - Highest ever quarterly sales of 13000cr and net profit of 1600 crore. - Highest ever yearly net profit in segment after LIC and highest ever sales...
"Good morning, friends🌺! As of November 28th, there is no significant difference in the global and our local market sentiments compared to the last session. The global market sentiment remains bullish, as indicated by the Dow Jones. However, our local market shows a moderately bearish trend. It might open with a slight gap-up or a neutral start, considering the...
KotakBank seems good above 1754 for 1D or 1W hold, Banking sector is in positive mood we can say a good rally
bank nifty expecting a small correction and continue uptrend
BankNifty Analysis BankNifty had a positive-looking chart today, it was kind of obvious from the optimism it showed in the last 2 days. The first thing it did today morning was to take support from the 43566 area i.e. between 09.45 to 10.05 5mts chart link - click here At 10.40 it had a strong green candle and it looked like it was going for the next...
"Good morning, friends! As of November 24th, there is no significant difference in the global and our local market sentiments compared to the last session. The global market sentiment remains bullish, indicated by the Dow Jones. However, our local market shows a moderately bearish trend. It might open with a slight gap-up or a neutral start, considering the...
BankNifty Analysis BankNifty made some interesting strides today. After opening inline, it went to the resistance level of 43566 really quickly. By 10.00 we had a close above this level on the 5mts TF. I did update on the trading view minds that, I changed my stance from bearish to neutral because of this. 5mts chart link - click here Even though we did not...
BankNifty Analysis BankNifty was a total support and resistance play today. Unline Nifty, BankNifty did not retest yesterday’s swing high instead it started falling right from the open. We were at the 43566 support level till 10.20 after which it got broken. By 11.45 we broke the next support level at 43404 & that is when I changed my stance from neutral to...