BankNifty important levels to watch are as follows #Support: 43210 Sell below: 43210 only on 15 minute candle closure below the level. Target 1: 43000 Target 2: 42860 #Resistance: 43350 Buy Above: 43350 only on 15 minute candle closure Above the level. Target 1: 43450 Target 2: 43600-43615 => # Remember each level will act as a support and resistance...
"Good morning, friends! As of November 3, the global market sentiment is bullish, as indicated by the Dow Jones. Our local market is also showing a moderate bullish trend. It may open with a long gap-down start because the gift nifty indicates 100+. If it opens with a long gap-up, we can expect a rally continuation when it sustains. On the other hand, if it...
- Looks like buyers are coming in bulls above 43300 - 43350 - As per trend it shows downward move has been denied by buyers and todays gap up opening comirms buyers trying to pull back up. - May be a gap up opening can be there which may triggers buyers - Sellers below 42800 till 42600 but beware of traps here - Support also at 42600 and resistance at...
BankNifty Analysis BankNifty had a unique day today, firstly a gap up open and a total swing of +536pts ~ 1.25% with respect to yesterday’s close. We were not able to take out the 43253 resistance and its rejection resulted in a deep fall of 475pts ~ 1.1%. Cant believe we even had a falling window candle stick pattern between 11.40 & 11.45. Seeing the fall, I...
Banknifty important levels to watch are as follows #Support: 42990 Sell below: 42990 only on 15 minute candle closure below the level. Target 1: 42850 Target 2: 42670 #Resistance: 43200 Buy Above: 43200 only on 15 minute candle closure Above the level. Target 1: 43325 Target 2: 43450 => # Remember each level will act as a support and resistance...
"Good morning, friends! As of November 2, the global market sentiment is bullish, as indicated by the Dow Jones. Our local market is also showing a moderate bearish trend. It may open with a long gap-down start because the Giftnifty indicates 150+. If it opens with a long gap-up, we can expect a rally continuation when it sustains (it should break the minor 78%)....
AS WE CAN SEE THAT BANKNIFTY IS COMPLETELY RANGE BOUND TODAY, REMEMBER ONE SHOULD FOLLOW THE TREND BUT SHOULDN'T GET BIAS WITH THE DIRECTION. ADDING MY ANALYSIS LEVELS FOR 2 NOV,23 BELOW FOR NIFTY FUTURES: LONG PLAN >>>>> 🐂 - 43044 (I WILL WAIT FOR THE 5 MIN CANDLE TO CLOSE ABOVE THIS LEVEL) - R1: 43144 - R2: 43244 - R3: 43366 SHORT PLAN >>>>> 🐻 - 42855 (I WILL...
BankNifty Weekly Expiry Analysis Between the last expiry and today, BankNifty has managed to climb 432pts ~ 1.02%. It has also managed to trade above the support/resistance of 42576. This retracement could be seen as a lower-high formation for continued selling pressure. For proof, we would need to see the 42576 getting knocked out in the upcoming sessions. ...
Nifty has formed a red candle on the daily charts and is trading between both the moving averages. It is showing a bearish trend on smaller time frame, also forming a fall wedge pattern. If the market starts trading below 18900, there will be a huge sell off as the low will be cleared and support will be around 18720. On the hourly charts, the market has been...
BankNifty important levels to watch are as follows #Support: 42670 Sell below: 42670 only on 15 minute candle closure below the level. Target 1: 42510 Target 2: 42300 #Resistance: 42815 Buy Above: 42815 only on 15 minute candle closure Above the level. Target 1: 42920 Target 2: 43020 => # Remember each level will act as a support and resistance...
Good Morning Guy's.. Guy's Bank nifty have formed a long bearish belt hold candlestick pattern on the daily scale as it failed to hold on to the 43000 levels and corrected 193 points to end at 42846. Bank nifty lost more than 300 points from the day's high. Bank nifty has experienced a trading session where it opened and hit it's high at the same level,...
"Good morning, friends! As of November 1st, there is no significant difference between the last session, and the global market sentiment is moderately bullish, as indicated by the Dow Jones. Our local market is also showing a moderate bullish trend. It may open with a neutral to slightly gap-down start. There is a 5th correctional wave, so if the gap-down...
The FASP for BankNifty is listed for 01-11-2023. 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...
BankNifty Analysis Further clues for Nifty50’s movement might be hidden in BankNifty’s price action. Unlike Nifty, BankNifty has crowded support & resistance lines nearby that may impact the trend movement. The only way out is to come up with a big RED or GREEN candle break the support/resistance and ensure the momentum picks up. The open (43264) was around the...
Banknifty analysis for Ist Novemeber 2023 for educational purpose This video is for educational purpose and my personal view . We are NOT SEBI registered Advisor, we only give the level on our practical trading experience. Kindly take the trade according to your risk and reward position and consulting your advisor. It is advisable to take the advice of SEBI...
"Good morning, friends! As of October 31st, the global market sentiment is moderately bullish, as indicated by the Dow Jones. Our local market is also showing a moderate bullish trend. It may open with a neutral to slightly gap-down start. After that, if a pullback occurs, we can anticipate a continuation of the pullback. On the other hand, there is a sub-wave 4th...
Good Morning Everyone. Guy's we have seen follow up selling in last few day's, but i think there should be stop now for sometime. I am not exactly saying that bottom has been made, but as market are highly oversold, A Sizable recovery in definitely possible. And today we can see some buying from lower levels. In yesterday session we also have seen Nifty and Bank...
Its Helpful & Useful For Freshers, Newers & Beginners Of Trading... Learn & Earn With You Own... Bank Nifty Spot Price : 43039.2 - India Vix Spot : 11.49% - Nifty Daily Range : 42780 To - 43298 See My Reversal Target Level - Long Wick Is Shown Only. The Reversal Trend Is Activated. OtherWise Leave It. And Achieve The Target Point. Second By Second Change The...