The FASP for BankNifty is listed for 04-09-2023. 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...
NIFTY after forming reversal formation and showing weakness at 19985.05 expecting to reach at 18640 then it can go further downside if it doesn't show the strength then it can fall more to the downside at 18000.
Banknifty is a bit confuse but in some time it will explode in any direction & but most confusing thing right now is US markets if they can’t give correct direction then will see sideways or some bearish move in our markets. Till we can’t get any clear direction till than simply be on sidelines. Happy trading & trade with stoploss. And also see monthly charts...
Good Morning Traders. In yesterday sessions Banks played a key role in driving the market on the downside for yet another session. Bank NIfty fell below 44000, down 243 points at 43989 and formed a bearish candlestick pattern on the daily timeframe. Broader Market is doing good just Indian Market doing blood bath. Well we have seen a strong Volume addition in last...
Banknifty on the other hand dipped first before reversing unlike Nifty which held its ground in its opening candle. We hit a low of 43830 before reversing in what looked like a dream run. The points gained an impressive 737pts ~ 1.68%. The bulk of the gains today came in 2 hourly candles @ 12.15 and 13.15 respectively as banknifty had the important milestone of...
BankNifty Monthly Analysis In the Aug month, Banknifty is down an astounding 3.73% ~ 1708pts vs 1.97% of Nifty50. Again telling the tale in advance, Banknfity has proved to be the real leading indicator during trending phases & reversals. On 24th and 30th Banknifty tried to exit the bearish hold but faced rejections. And unlike Nifty, BankNifty does not have a...
The FASP for BankNifty is listed for 01-09-2023. 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...
Good Morning Traders, Guy's BankNifty has formed a long bearish candlestick pattern on daily chart. It has broken important support zone of 44500 levels. we have seen almost 547 points correction from day's high of 44780 and closing with Minus 263 points at 44233. Index is showing clearly downward moment, its next significant support on the downside is positioned...
Good Morning Traders. Yes you heard it right, Banknifty has formed a bearish candlestick pattern on daily time frame. But i am doing this analysis now in 30 mints. Because this is Intraday purpose analysis. Anyways let's talk what had happened yesterday..and what is going to happen today?? Yesterday again we have seen Banknifty maintained higher highs and higher...
The FASP for BankNifty is listed for 31-08-2023. 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 The intensity of the fall was much more profound on BankNifty rather than Nifty. Right from the gap-up open the CE options premiums were commanding more premium than usual indicating a strong directional move. As soon as banknifty started falling this elevated premiums went away further indicating that the trader’s expectations were not...
Banknifty 1day timeframe reacting #Double Bottom Strong support is over here 43720 to 43423 Good neckline supply zone 44727 to 44603 For short position should be below support are 43423 for long position should be above neckline area 44727 Please do analysis your own risk thank you
Today will be gap up opening in BANKNIFTY . After opening if banknifty sustain above 44550 level then possible upside rally of 400-500 points upto 44950 Level. And this rally can extend for another 400 points if it gives breakout of 45050 level. Any Major downside only expected in case banknifty starts trading below 44450 level.
The FASP for BankNifty is listed for 30-08-2023. 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 Yesterday I had a bullish call for banknifty, but we ended up the day flat. Although the bulls got the gap-up above the swing high of yesterday - they were unable to capitalize on it. Since there was that gap up, the slow but falling price action ensured that the index is not closing in red. Intraday we had a fall of 239pts ~ 0.54% which is...
Good Morning Mates. Yesterday We have seen Higher highs and highers low formation in Banknifty. Mates Banknifty jumped 263 points to 44494.65 and formed a bullish candlestick pattern on the daily charts. Guy's keep watching 44500 levels, Because if banknifty is going to give successfully breakout of 44500 levels then we can see Banknifty towards 44714/44944+...
"Good morning! As of August 2nd, there is no significant difference compared to the last session. The global market sentiment is slightly positive (based on the Dow Jones alone). The market trend is moderately bullish, and the market might open with a slight gap-up. Therefore, we can expect a minor pullback afterward. If the market rejects the immediate resistance...
The FASP for BankNifty is listed for 29-08-2023. 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...