Get started

Bankniftytrend

BANK NIFTY - Target Levels - 10.11.23.Its Helpful & Useful For Freshers, Newers & Beginners Of Trading... Learn & Earn With You Own... Nifty Spot Price : 19395.3 India Vix Spot : 10.98% - Nifty Daily Range : 43433 To - 43935 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 Trailing Stop Loss.. Don't Loss Your Hard Money.. Draw & Watch The Target Points : Entry Point... & Stop Loss... & Target Point ...Is Yours... In UpTrend (CE Buy).. Or DownTrend (PE Buy).. Every Target Point Is a Buy Entry Of After Small Retracement. Please Check. (Watch 5 Days See My Option Strike Target Levels Is Accurate Or Not) I Am Not Sebi Registered Analysis, This Is Education Purpose Only. Dear Followers.. Trend Is Our Friend.. 1. Draw The Lines In Your Trading View.. Then Only You Understand My Statistical Startegy. 2. Kindly Watch My Break Even Point. Every Day.. 3. Above The Break Even Point.. Resistance Break.. UPTrend Starts.. Buy CE.. 4. Below The Break Even Point.. Support Break.. DownTrend Starts.. Buy PE.. 5. After Retracement.... Stop Loss is Above Or Below Break Even Point.. 6. Stop Loss Is Must.. 7. Watch 5 Mins Time Frame.. & 15 Mins Time Frame.. 8. In Future i Analysis & Focus On Option Strike - Entry, Target, Stop Loss. Also.. 9. Above The Target Point Create One 3 min / 5 min Candle. Then One You Take The Buy Entry. Don"t Enter Blindly. 1. We Focus On Our Daily Analysis.. 2. Combination Theory Of Delta, Gamma, Thetta, & Vega. 3. Selection Of OI Analysis.. & Determination Of Volume Calculation.. & Sum Of Implied Volatility Theory 4. We See 4 Types Of Fibinacci Retracement Levels.. (1.High To Low Fib Level, 2.Low To High Fib Level, 3.Long Fib Level & 4. Short Fib Level), 5. Techninal View On Break Even Point.. & Prediction Of Entry, Targets, & Stop Loss.. 6. Wait For Support Breaking or Resistance Breaking.. That Time Watch The Market Carefully.. 7. Market Moves in UpTrend or DownTrend.. 8. Kindly Watch Both The Nifty Target Levels & Bank Nifty Target Levels in your Trading View.. Its Most Important For Daily Tradings.. 9. Buy At Low.... Sell At High.... Is The Concept Of Day Tradings.. Kindly Follow My Channel & Like Your Support & Share My Ideas. TAMIL.. TAMIL... TAMIL.... Engum Tamil.. Ethilum Tamil.. VALGA VALAMUDAN.. Ithu Oru Tamilanin Thoguppu.. Like Pannunga.. Comment Pannunga.. Share Pannunga.. & Profit Pannunga... Marakkama Unga Friends & Relatives a - market1tomorrow - la Join Panna Sollunga.. This Is My Trading Phychology Of market1tomorrow
NSE:BANKNIFTY
by market1tomorrow
9th Nov ’23 - BankNifty PostMortem - Neutral stance continues...BankNifty Analysis BankNifty traded totally differently from Nifty50 today. Nifty opened higher and was trading lower, whereas BankNifty took support in the first candle (43566) and was trading higher. We even took out the last swing high to hit an intraday high of 43876 by 11.55. The afternoon session perfectly matched Nifty’s price action. A gradual but steady downward move. Nifty took out the intraday low in the afternoon session whereas BankNifty stayed above water. One other reason for this was because the bulk of the loss on Nifty50 came from NiftyIT, RELIANCE & ADANIENT i.e. non BankNifty stocks. So I guess the participants would have purchased Bank stocks to limit the losses on Nifty. On the 1hr chart, BankNifty is also looking tired. To break through the next resistance of 44063, requires a strong build-up of momentum which looks quite difficult now. BankNifty has not made a rounded top-like formation like Nifty, but if we are to fall from here, BN has to fall first. I wish to maintain my neutral stance for tomorrow as well, the levels being 44063 on the upside and 43566, 43404 on the downside. If either of these levels are broken, I would change my stance to bullish or bearish. Will update the tradingview minds here when I do.
NSE:BANKNIFTY
by viswaram
BANK NIFTY - Target Levels - 11.09.23.Its Helpful & Useful For Freshers, Newers & Beginners Of Trading... Learn & Earn With You Own... Bank Nifty Spot Price : 43658.65 India Vix Spot : 11.04% - Nifty Daily Range : 43406 To - 43911 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 Trailing Stop Loss.. Don't Loss Your Hard Money.. Draw & Watch The Target Points : Entry Point... & Stop Loss... & Target Point ...Is Yours... In UpTrend (CE Buy).. Or DownTrend (PE Buy).. Every Target Point Is a Buy Entry Of After Small Retracement. Please Check. (Watch 5 Days See My Option Strike Target Levels Is Accurate Or Not) I Am Not Sebi Registered Analysis, This Is Education Purpose Only. Dear Followers.. Trend Is Our Friend.. 1. Draw The Lines In Your Trading View.. Then Only You Understand My Statistical Startegy. 2. Kindly Watch My Break Even Point. Every Day.. 3. Above The Break Even Point.. Resistance Break.. UPTrend Starts.. Buy CE.. 4. Below The Break Even Point.. Support Break.. DownTrend Starts.. Buy PE.. 5. After Retracement.... Stop Loss is Above Or Below Break Even Point.. 6. Stop Loss Is Must.. 7. Watch 5 Mins Time Frame.. & 15 Mins Time Frame.. 8. In Future i Analysis & Focus On Option Strike - Entry, Target, Stop Loss. Also.. 9. Above The Target Point Create One 3 min / 5 min Candle. Then One You Take The Buy Entry. Don"t Enter Blindly. 1. We Focus On Our Daily Analysis.. 2. Combination Theory Of Delta, Gamma, Thetta, & Vega. 3. Selection Of OI Analysis.. & Determination Of Volume Calculation.. & Sum Of Implied Volatility Theory 4. We See 4 Types Of Fibinacci Retracement Levels.. (1.High To Low Fib Level, 2.Low To High Fib Level, 3.Long Fib Level & 4. Short Fib Level), 5. Techninal View On Break Even Point.. & Prediction Of Entry, Targets, & Stop Loss.. 6. Wait For Support Breaking or Resistance Breaking.. That Time Watch The Market Carefully.. 7. Market Moves in UpTrend or DownTrend.. 8. Kindly Watch Both The Nifty Target Levels & Bank Nifty Target Levels in your Trading View.. Its Most Important For Daily Tradings.. 9. Buy At Low.... Sell At High.... Is The Concept Of Day Tradings.. Kindly Follow My Channel & Like Your Support & Share My Ideas. TAMIL.. TAMIL... TAMIL.... Engum Tamil.. Ethilum Tamil.. VALGA VALAMUDAN.. Ithu Oru Tamilanin Thoguppu.. Like Pannunga.. Comment Pannunga.. Share Pannunga.. & Profit Pannunga... Marakkama Unga Friends & Relatives a - market1tomorrow - la Join Panna Sollunga.. This Is My Trading Phychology Of market1tomorrow
NSE:BANKNIFTY
by market1tomorrow
8th Nov ’23 - BankNifty options premium traded at near 0 valuesBankNifty Weekly Expiry Analysis Between the last expiry and today, BankNifty gained an impressive 909pts ~ 2.13%. It broke through 3 resistance lines to give some hope to the bulls. If we talk about the expiry day today, the OTM premiums were horrible today. Due to the collapse of implied volatility - the market participants were not anticipating any movements. Today is one rare day when I decided not to sell any PUT options. I felt its better not to sell than sell cheap. CALL options on the other hand had better premiums after the opening hour. BankNifty Today Analysis We almost hit the 43800 levels in the opening candle, but there was some difference in the price action if we compare it with Nifty. Although both Nifty and BankNifty fell till 11.15, Nifty managed to climb back whereas BankNifty lost the momentum. The tiredness of the bulls was more prominent in BN. I usually take BankNifty’s price action as a leading indicator during trend reversals. Seems like I need to draw a new support/resistance line at 43566, because we stopped and reversed twice at that zone. I never had that level marked in my chart before. I have highlighted the 4 recent instances in blue color. Looking at the hourly chart, I have decided to change my stance from bullish to neutral. The only way to change back to bullish is to break the 44063 levels. Whereas to go bearish, BankNifty will have to break at least 4 supports and trade below 43012. So until then, I wish to stay neutral.
NSE:BANKNIFTY
by viswaram
Bank Nifty Intraday Analysis || Expiry Special Hero Zero TradeGood Morning Everyone, Guy's Banknifty has given huge momentum in last trading session, it has given good closing above 43700, and formed a bullish candlestick pattern with a long lower shadow on the daily timeframe. Banknifty is clearly saying you can buy on dips to me. There was a hurdle of 43700, which has got cleared in yesterday session. Now 44000 will be next hurdle for BankNifty. If i talk about today's Global Market, then it is showing mix to positive sentiment, Gift Nifty also indicating gap up opening, I think in case we see any profit booking in index and we get banknifty around 43636-43550, Then we should think to go long as Market itself saying buy me on dips. At least for today we can try.. MACD has also given positive crossover in yesterday session. let' s see how market is going to behave..We will act according to the levels. Important levels for Banknifty:- Intraday support zone 43500-43600 Intraday Resistance zone 43900-44000 Important Support Zone 43300 Important Resistance Zone 44500 Buy above 43892, if levels sustains at least for 30 Mints. Target we can see in upside 44028/44146 Stop loss will be 43700 Sale below 43634, if levels sustains at least for 30 Mints. Targets will be in downside 43497/43385 Keep stop loss at 43700 Note:- Hero Zero Trade will be in 2nd half somewhere 1:15pm. So, we will update in afternoon according to price action, so stick with us and follow us to get notity at right time. Till then enjoy but don't overtrade and Always wait for the best entry or levels to execute trades. And always follow strict stop loss to save your capital from unexpected market direction. Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades. Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's. Thankyou.
NSE:BANKNIFTY
by TraderRahulPal
BANK NIFTY - Target Levels - 08.11.23.Its Helpful & Useful For Freshers, Newers & Beginners Of Trading... Learn & Earn With You Own... Bank Nifty Spot Price : 43737.9. India Vix Spot : 11.19% - Nifty Daily Range : 43430 To - 44046 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 Trailing Stop Loss.. Don't Loss Your Hard Money.. Draw & Watch The Target Points : Entry Point... & Stop Loss... & Target Point ...Is Yours... In UpTrend (CE Buy).. Or DownTrend (PE Buy).. Every Target Point Is a Buy Entry Of After Small Retracement. Please Check. (Watch 5 Days See My Option Strike Target Levels Is Accurate Or Not) I Am Not Sebi Registered Analysis, This Is Education Purpose Only. Dear Followers.. Trend Is Our Friend.. 1. Draw The Lines In Your Trading View.. Then Only You Understand My Statistical Startegy. 2. Kindly Watch My Break Even Point. Every Day.. 3. Above The Break Even Point.. Resistance Break.. UPTrend Starts.. Buy CE.. 4. Below The Break Even Point.. Support Break.. DownTrend Starts.. Buy PE.. 5. After Retracement.... Stop Loss is Above Or Below Break Even Point.. 6. Stop Loss Is Must.. 7. Watch 5 Mins Time Frame.. & 15 Mins Time Frame.. 8. In Future i Analysis & Focus On Option Strike - Entry, Target, Stop Loss. Also.. 9. Above The Target Point Create One 3 min / 5 min Candle. Then One You Take The Buy Entry. Don"t Enter Blindly. 1. We Focus On Our Daily Analysis.. 2. Combination Theory Of Delta, Gamma, Thetta, & Vega. 3. Selection Of OI Analysis.. & Determination Of Volume Calculation.. & Sum Of Implied Volatility Theory 4. We See 4 Types Of Fibinacci Retracement Levels.. (1.High To Low Fib Level, 2.Low To High Fib Level, 3.Long Fib Level & 4. Short Fib Level), 5. Techninal View On Break Even Point.. & Prediction Of Entry, Targets, & Stop Loss.. 6. Wait For Support Breaking or Resistance Breaking.. That Time Watch The Market Carefully.. 7. Market Moves in UpTrend or DownTrend.. 8. Kindly Watch Both The Nifty Target Levels & Bank Nifty Target Levels in your Trading View.. Its Most Important For Daily Tradings.. 9. Buy At Low.... Sell At High.... Is The Concept Of Day Tradings.. Kindly Follow My Channel & Like Your Support & Share My Ideas. TAMIL.. TAMIL... TAMIL.... Engum Tamil.. Ethilum Tamil.. VALGA VALAMUDAN.. Ithu Oru Tamilanin Thoguppu.. Like Pannunga.. Comment Pannunga.. Share Pannunga.. & Profit Pannunga... Marakkama Unga Friends & Relatives a - market1tomorrow - la Join Panna Sollunga.. This Is My Trading Phychology Of market1tomorrow
NSE:BANKNIFTY
by market1tomorrow
7th Nov ’23 - 515pts 1.19% intraday rally on BankNifty?BankNifty Analysis The price action on BankNifty was more than exciting. The opening minutes would have given the impression of going bearish and it would have played out well till 11.50 wherein we fell 322pts ~ 0.74%. The 11.40 candle just went through the 43404 support as simple as that, reinforcing the bearish intent. What happened next would have surprised everyone. We took support at 43280 levels (much above the 43253 support zone) and then pushed through the resistance of 43404 with a nice GREEN candle. It did not stop there, it went on to break the swing high and close at 43780 levels. A whopping 515pts ~ 1.19% rally from the low of the day. The only reason I did not go short in BankNifty at 11.40 was that my margin was blocked in FinNifty. Glad that happened, else I would have hit with a sure stop-loss. The bullish call on BankNifty continues and my next target would be 44063. The last 4 hourly candles were in green today, especially the 13.15 candle that came right at the 43404 support level indicating further GREENish possibilities. For a bear run the support levels of 43404, 43253 have to be broken again.
NSE:BANKNIFTYLong
by viswaram
BANK NIFTY - Target Levels - 07.11.23.ts Helpful & Useful For Freshers, Newers & Beginners Of Trading... Learn & Earn With You Own... Bank Nifty Spot Price : 43619.4 India Vix Spot : 11.11% - Nifty Daily Range : 43366 To - 43873 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 Trailing Stop Loss.. Don't Loss Your Hard Money.. Draw & Watch The Target Points : Entry Point... & Stop Loss... & Target Point ...Is Yours... In UpTrend (CE Buy).. Or DownTrend (PE Buy).. Every Target Point Is a Buy Entry Of After Small Retracement. Please Check. (Watch 5 Days See My Option Strike Target Levels Is Accurate Or Not) I Am Not Sebi Registered Analysis, This Is Education Purpose Only. Dear Followers.. Trend Is Our Friend.. 1. Draw The Lines In Your Trading View.. Then Only You Understand My Statistical Startegy. 2. Kindly Watch My Break Even Point. Every Day.. 3. Above The Break Even Point.. Resistance Break.. UPTrend Starts.. Buy CE.. 4. Below The Break Even Point.. Support Break.. DownTrend Starts.. Buy PE.. 5. After Retracement.... Stop Loss is Above Or Below Break Even Point.. 6. Stop Loss Is Must.. 7. Watch 5 Mins Time Frame.. & 15 Mins Time Frame.. 8. In Future i Analysis & Focus On Option Strike - Entry, Target, Stop Loss. Also.. 9. Above The Target Point Create One 3 min / 5 min Candle. Then One You Take The Buy Entry. Don"t Enter Blindly. 1. We Focus On Our Daily Analysis.. 2. Combination Theory Of Delta, Gamma, Thetta, & Vega. 3. Selection Of OI Analysis.. & Determination Of Volume Calculation.. & Sum Of Implied Volatility Theory 4. We See 4 Types Of Fibinacci Retracement Levels.. (1.High To Low Fib Level, 2.Low To High Fib Level, 3.Long Fib Level & 4. Short Fib Level), 5. Techninal View On Break Even Point.. & Prediction Of Entry, Targets, & Stop Loss.. 6. Wait For Support Breaking or Resistance Breaking.. That Time Watch The Market Carefully.. 7. Market Moves in UpTrend or DownTrend.. 8. Kindly Watch Both The Nifty Target Levels & Bank Nifty Target Levels in your Trading View.. Its Most Important For Daily Tradings.. 9. Buy At Low.... Sell At High.... Is The Concept Of Day Tradings.. Kindly Follow My Channel & Like Your Support & Share My Ideas. TAMIL.. TAMIL... TAMIL.... Engum Tamil.. Ethilum Tamil.. VALGA VALAMUDAN.. Ithu Oru Tamilanin Thoguppu.. Like Pannunga.. Comment Pannunga.. Share Pannunga.. & Profit Pannunga... Marakkama Unga Friends & Relatives a - market1tomorrow - la Join Panna Sollunga.. This Is My Trading Phychology Of market1tomorrow
NSE:BANKNIFTY
by market1tomorrow
BANK NIFTY - Target Levels - 06.11.23Its Helpful & Useful For Freshers, Newers & Beginners Of Trading... Learn & Earn With You Own... Bank Nifty Spot Price : 43318.25- India Vix Spot : 11.23% - Nifty Daily Range : 43072 To - 43565 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 Trailing Stop Loss.. Don't Loss Your Hard Money.. Draw & Watch The Target Points : Entry Point... & Stop Loss... & Target Point ...Is Yours... In UpTrend (CE Buy).. Or DownTrend (PE Buy).. Every Target Point Is a Buy Entry Of After Small Retracement. Please Check. (Watch 5 Days See My Option Strike Target Levels Is Accurate Or Not) I Am Not Sebi Registered Analysis, This Is Education Purpose Only. Dear Followers.. Trend Is Our Friend.. 1. Draw The Lines In Your Trading View.. Then Only You Understand My Statistical Startegy. 2. Kindly Watch My Break Even Point. Every Day.. 3. Above The Break Even Point.. Resistance Break.. UPTrend Starts.. Buy CE.. 4. Below The Break Even Point.. Support Break.. DownTrend Starts.. Buy PE.. 5. After Retracement.... Stop Loss is Above Or Below Break Even Point.. 6. Stop Loss Is Must.. 7. Watch 5 Mins Time Frame.. & 15 Mins Time Frame.. 8. In Future i Analysis & Focus On Option Strike - Entry, Target, Stop Loss. Also.. 9. Above The Target Point Create One 3 min / 5 min Candle. Then One You Take The Buy Entry. Don"t Enter Blindly. 1. We Focus On Our Daily Analysis.. 2. Combination Theory Of Delta, Gamma, Thetta, & Vega. 3. Selection Of OI Analysis.. & Determination Of Volume Calculation.. & Sum Of Implied Volatility Theory 4. We See 4 Types Of Fibinacci Retracement Levels.. (1.High To Low Fib Level, 2.Low To High Fib Level, 3.Long Fib Level & 4. Short Fib Level), 5. Techninal View On Break Even Point.. & Prediction Of Entry, Targets, & Stop Loss.. 6. Wait For Support Breaking or Resistance Breaking.. That Time Watch The Market Carefully.. 7. Market Moves in UpTrend or DownTrend.. 8. Kindly Watch Both The Nifty Target Levels & Bank Nifty Target Levels in your Trading View.. Its Most Important For Daily Tradings.. 9. Buy At Low.... Sell At High.... Is The Concept Of Day Tradings.. Kindly Follow My Channel & Like Your Support & Share My Ideas. TAMIL.. TAMIL... TAMIL.... Engum Tamil.. Ethilum Tamil.. VALGA VALAMUDAN.. Ithu Oru Tamilanin Thoguppu.. Like Pannunga.. Comment Pannunga.. Share Pannunga.. & Profit Pannunga... Marakkama Unga Friends & Relatives a - market1tomorrow - la Join Panna Sollunga.. This Is My Trading Phychology Of market1tomorrow
NSE:BANKNIFTY
by market1tomorrow
3rd Nov ’23 - W pattern visible on BankNifty - 44063 next?BankNifty Analysis We had a gap-up open of 291pts ~ 0.68% followed by a range bound trade till close. It was a support/resistance play all along. See the blue encircled regions. BankNifty took support from the 43253 regions between 09.15 to 09.50 and was rejected at the resistance of 43404 at 10.55. We made another attempt at 14.25 to take out the 43404 level, but that too failed. I can say with some confidence that the reason Nifty50 did not take out the 19310 was due to the inability of BankNifty to break out from 43404 levels. A 15-minute TF will explain that better. The next major resistance comes at 44063 which is 600+ points away. So if BankNifty has to go there, then the breakout from 43404 has to be super strong. It is pretty difficult to generate that level of momentum during trading hours, especially with the implosion of volatility. The best option is to jump via gap-ups. The W pattern is quite evident for BankNifty also, which is again a bullish indicator. I am changing my stance to bullish and hoping that we take out the 43404 levels by forenoon Monday.
NSE:BANKNIFTYLong
by viswaram
Banknifty Live Intraday updates for 3-11-2023 !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 individually so there is a probability of reversal and a pullback on either side so its better to make an habit to book profits at each targets and re-enter again after a breakout from the same with a proper stoploss as per your own risk appetite. => # Please do your own research before initiating any trade. Always use stoploss in order to protect your capital. => #If you are Unable to trade properly and dissatisfied with your manual trading results due to psychological disadvantages or busy schedule or "Fear & Greed" emotions, then Algorithmic trading can be the most useful solution to overcome such problems. Kindly follow us and join us using details mentioned below the idea. => # Please refer our swing based support and resistance indicator if you find it useful give it a like. => # Follow us for more such information and educational ideas and Indicators. Give it a like if you appreciate the idea. Queries will be answered in comment section. #Disclaimer: This is just a view and published here only for educational purpose, this should not be considered as a buy or sell signal. Trading in stock market may involve financial risk therefore, do your own research before taking any position.
NSE:BANKNIFTY
by InvestyourAsset
#Banknifty direction and levels for NOV 3"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 doesn't sustain after the gap-up and undergoes a minimum 38% Fibonacci correction, we should consider this as a corrective change."
NSE:BANKNIFTY
by Manickamtraders
2nd Nov ’23 - BankNifty had a falling window @ 11.40 5mts candleBankNifty 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 was quite confident that the gap would be closed and soon we would take out the support level of 42576. Another day has gone worthless for the PUT options. I am still not sure how BankNifty stopped falling right at 11.50. For me, the red candle at 11.40 came right at the support level of 43012 and the break should have resulted in further momentum. In any case, BankNifty climbed back to the SR level and closed just above 43012 to give the illusion of bullishness to the market participants. I am still not convinced entirely, but seeing the global markets overflowing with euphoria - seems like we will take out 2 resistances tomorrow. The levels to watch out for are 43253 and 43404 on the upside and 43012 and 42576 on the downside.
NSE:BANKNIFTY
by viswaram
Banknifty Live Intraday Updates 02-11-2023 !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 individually so there is a probability of reversal and a pullback on either side so its better to make an habit to book profits at each targets and re-enter again after a breakout from the same with a proper stoploss as per your own risk appetite. => # Please do your own research before initiating any trade. Always use stoploss in order to protect your capital. => #If you are Unable to trade properly and dissatisfied with your manual trading results due to psychological disadvantages or busy schedule or "Fear & Greed" emotions, then Algorithmic trading can be the most useful solution to overcome such problems. Kindly follow us and join us using details mentioned below the idea. => # Please refer our swing based support and resistance indicator if you find it useful give it a like. => # Follow us for more such information and educational ideas and Indicators. Give it a like if you appreciate the idea. Queries will be answered in comment section. #Disclaimer: This is just a view and published here only for educational purpose, this should not be considered as a buy or sell signal. Trading in stock market may involve financial risk therefore, do your own research before taking any position.
NSE:BANKNIFTY
by InvestyourAsset
2
#Banknifty direction and levels for NOV 2"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%). On the other hand, after the gap-up, if the market rejects around the minor levels of 61 or 78%, then we can expect a range market correction."
NSE:BANKNIFTY
by Manickamtraders
1
BANK NIFTY FUT | 02 NOV 23AS 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 WAIT FOR THE 5 MIN CANDLE TO CLOSE BELOW THIS LEVEL) - S1: 42733 - S2: 42633 - S3: 42511 PLEASE FOLLOW FOR MORE REGULAR UPDATES. QUOTE FOR THE DAY : “The market is a device for transferring money from the impatient to the patient” – Warren Buffett 📌📌📌📌📌 Disclaimer - I am not SEBI Registered Research Analyst or Investment Advisor. All Information provided above are just for Education purpose only . They are not buy/Sell Recommendations . Please consult your financial Advisor before taking any trade or investments.
NSE:BANKNIFTY1!
by Omkar9992
1st Nov ’23 Perfect day for 9:20 straddlers BankNifty PostMortemBankNifty 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. BankNifty Today Analysis Unexpected, but Banknifty had a perfectly neutral price action today. Most of the trades were carried out between 42770 & 42643 today i.e. a swing range of 127pts. I can say with 70% confidence that the major reason Nifty50 did not take out its support was due to lack of participation from BankNifty today. BN only fell 0.34% today vs Nifty which fell 0.47%. BankNifty had a gap down open and its close was almost at the same level. There were 2 attempts to fall, the best one was between 12.30 to 13.15 - but the support of 42576 was respected. Being the expiry today - a flattish BankNifty would have filled the pocket of the straddlers. It is not that common to get textbook-like straddle conditions. My personal trades in BankNifty did not last long as the premiums were dropping pretty quickly. I switched back to Nifty50 when its OTM had juice left. Also, remember - when the index is perfectly flat with no volatility - the OTM premiums will be pretty low. I have highlighted the support/resistance points that are crowded around the spot in blue color. Till 42576 is not broken, I cannot go bearish. Not just that, it has to take out the swing low of 42105 on the same day 42576 is taken out - just to ensure that the momentum is good enough.
NSE:BANKNIFTY
by viswaram
Nifty weekly expiry for 02/11/23.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 trading below the moving averages which signify some negativity. Support :- 18870, 18720 Resistance :- 19250, 19400 Tomorrow is weekly expiry for nifty and today it has fall 90 points on day to day close. Watch if the market open flat to negative and starts trading above the resistance of wedge. The pattern will work in the bullish side more effectively. Wait for the price action near the levels before entering the market.
NSE:NIFTY
by Mambotrade
Banknifty Live Intraday updates for 1-11-23 !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 individually so there is a probability of reversal and a pullback on either side so its better to make an habit to book profits at each targets and re-enter again after a breakout from the same with a proper stoploss as per your own risk appetite. => # Please do your own research before initiating any trade. Always use stoploss in order to protect your capital. => #If you are Unable to trade properly and dissatisfied with your manual trading results due to psychological disadvantages or busy schedule or "Fear & Greed" emotions, then Algorithmic trading can be the most useful solution to overcome such problems. Kindly follow us and join us using details mentioned below the idea. => # Please refer our swing based support and resistance indicator if you find it useful give it a like. => # Follow us for more such information and educational ideas and Indicators. Give it a like if you appreciate the idea. Queries will be answered in comment section. #Disclaimer: This is just a view and published here only for educational purpose, this should not be considered as a buy or sell signal. Trading in stock market may involve financial risk therefore, do your own research before taking any position.
NSE:BANKNIFTY
by InvestyourAsset
Expiry Special Bank Nifty Analysis || Hero & Zero Trade DayGood 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, signalling a strong bearish presence in the market. The confirmed upside resistance for the index is now at 43500, and until there is a closing breakthrough beyond this level, the overall trend remains negative. On the downside the index has support zone at 42400 and a breach below this level may intensify more selling pressure, potentially driving the index towards the 41500-41000 range. Important Levels for Bank Nifty:- Intraday support zone 42400 Intraday resistance zone 43000 Strong Support Zone 42000 Strong Resistance Zone 43500 Buy above 43038, if levels sustains at least for 30 Mints. Targets will be in upside 43276/43497 keep stop loss at 42695 Sale below 42695, if leves sustains at least for 30 Mints. Targets will be in downside 42405/42130 Keep stop loss at 43038 Note:- Hero Zero Trade will be in 2nd half somewhere 1:15pm. So, we will update in afternoon according to price action, so stick with us and follow us to get notity at right time. Till then enjoy but don't overtrade and Always wait for the best entry or levels to execute trades. And always follow strict stop loss to save your capital from unexpected market direction. Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades. Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's. Thankyou.
NSE:BANKNIFTYShort
by TraderRahulPal
3
#Banknifty direction and levels for NOV 1st"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 sustains, we can expect correction continuation. On the other hand, if a pullback occurs followed by a gap-down, we can anticipate a range market between yesterday's high and the Fibonacci level of 61%."
NSE:BANKNIFTYShort
by Manickamtraders