BankNifty Intraday Support & Resistance Levels for 25.10.2024On Thursday, BankNifty opened on a positive note, hit a low of 51,201.85 and climbed to a high of 51,781.55 before closing at 51,531.15, gaining 292 points from the previous close. The Weekly Trend (50 SMA) remains positive, while the Daily Trend (50 SMA) is sideways.
BankNifty Demand/Support Zones:
Near Demand/Support Zone (Daily): 49,654.65 - 49,959.25
Far support: 49,282.65 (61.8% FIBO Level)
Far Demand/Support Zone (Daily): 44,633.85 - 45,750.40
BankNifty Supply/Resistance Zones:
Far Supply/Resistance Zone (5m): 52,143.55 - 52,257.30
Near Supply/Resistance Zone (Daily): 51,855.15 - 52,577.50
Far Supply/Resistance Zone (Daily): 52,817.80 - 53,235.25
Far Supply/Resistance Zone (75m): 53,763.20 - 53,945.10
Far Supply/Resistance Zone (75m): 54,152.50 - 54,338.70
Bankniftytrend
BANKNIFTY: INSTITUTIONAL LEVELS FOR 24/10/2024QUICK GUIDE
- Use 5 minute timeframe
- Try to take enters at retest
- Use multiple confirmation
- Read full description before investing
- Try to take ATM options or above
Explanation:
This is a very useful trading system. This means that you should not take a trade blindly, but rather that there is another confirmation to take the trade you can use this for perfect entry and perfect exit
This trading opportunity is based on volume, previous price, and price range , are included
Entry/Exit point's:
- It has very easy entry and exit points
- In this pair of lines with two colors are given (RED AND BLUE)
- In this the blue line is used to take long entry and the red line is used to take short entry (But it is all based on a more conformation from your trading plan)
Stop Loss/Take Profit:
Stop Loss
- According to this, if you take a long trade, its stop loss will be the red line just below ( A trade can exit either when the price crosses the red line or the 5 minute candlestick crosses the red line. (This can be done according to your preference) )
- A short entry should use the opposite rules to a long entry
Take Profit
-When you take a long entry according to the profit to be booked is on the next red line above. ( Or if there are other reasons, it can be a safe exit )
- Opposite rules for booking profit on long entry are to book profit on short trade. ( The blue line above is the stop loss of short entry )
Timeframe:
According to this, the time frame you should use while taking trades is 5 minutes time frames . (5 minute time frame works well in this)
Risk Disclaimer:
Trading carries significant risk and is not suitable for all traders. You may lose some or all of your capital in a matter of minutes or hours. Market conditions can change rapidly, and prices can move against you quickly. You may not always be able to exit at a favorable price, and you may be required to hold a position overnight, exposing yourself to additional risk. Day trading involves high risk, high leverage, and high stakes, and you should only trade with funds you can afford to lose. Please carefully consider your financial situation, risk tolerance, and trading objectives before engaging in day trading.
Engagement:
Share your insights, ask questions, and learn from others in the community. Whether you're a seasoned pro or just starting out, we're all in this together.
What's your take on the current market conditions? Which trading strategies are working for you? Let's discuss and help each other grow as traders!
Comment below and let's get the conversation started!
Original Content:
This trading setup is the result of my own innovation and expertise, and is not based on any publicly available information or third-party systems. It is a reflection of my dedication to developing a competitive edge in the markets.
BankNifty Intraday Support & Resistance Levels for 24.10.2024On Wednesday, BankNifty opened with a 139-point gap down, making a low of 51,107.90. It bounced back, reaching a high of 51,551.55 (almost hitting the 15m Supply Zone) but couldn't sustain and closed at 51,239, losing 18 points from the previous close. BankNifty has closed inside the 125m Demand Zone for the second consecutive day. If the 51,000 level holds, we may see a bounce. However, if BankNifty breaks below 51,000 with volume and sustains, further downside till 49,959 or lower is possible. The Weekly Trend (50 SMA) remains positive, while the Daily Trend (50 SMA) is sideways.
BankNifty Demand/Support Zones for 24.10.2024:
Near Demand/Support Zone (125m): 51,000.90 - 51,355.80 (current price inside the zone)
Near Demand/Support Zone (Daily): 49,654.65 - 49,959.25
Far Support: 49,282.65 (61.8% FIBO Level)
Far Demand/Support Zone (Daily): 44,633.85 - 45,750.40
BankNifty Supply/Resistance Zones for 24.10.2024:
Near Supply/Resistance Zone (15m): 51,559.35 - 51,678.85
Far Supply/Resistance Zone (5m): 52,143.55 - 52,257.30
Near Supply/Resistance Zone (Daily): 51,855.15 - 52,577.50
Far Supply/Resistance Zone (Daily): 52,817.80 - 53,235.25
Far Supply/Resistance Zone (75m): 53,763.20 - 53,945.10
Far Supply/Resistance Zone (75m): 54,152.50 - 54,338.70
BankNifty Intraday Support & Resistance Levels for 23.10.2024On Tuesday, BankNifty opened 108 points higher, hit a high of 52,257.30, and then dropped over 1,050 points, reaching a low of 51,179.60. It closed at 51,257.15, losing 705 points from the previous session. BankNifty is currently within the 125m Demand Zone mentioned in the previous post. If the crucial 51,000 level holds, we might see a bounce back from this demand zone. However, if BankNifty breaks below 51,000 with strong volume and sustains, further downside to 49,959 or lower is likely. The Weekly Trend (50 SMA) remains positive, while the Daily Trend (50 SMA) is sideways.
BankNifty Demand/Support Zones for 23.10.2024:
Near Demand/Support Zone (125m): 51,000.90 - 51,355.80 (current price inside this zone)
Near Demand/Support Zone (Daily): 49,654.65 - 49,959.25
Far Support: 49,282.65 (61.8% FIBO Level)
Far Demand/Support Zone (Daily): 44,633.85 - 45,750.40
BankNifty Supply/Resistance Zones for 23.10.2024:
Near Supply/Resistance Zone (15m): 51,559.35 - 51,678.85
Far Supply/Resistance Zone (5m): 52,143.55 - 52,257.30
Near Supply/Resistance Zone (Daily): 52,817.80 - 53,235.25
Far Supply/Resistance Zone (75m): 53,763.20 - 53,945.10
Far Supply/Resistance Zone (75m): 54,152.50 - 54,338.70
BankNifty Intraday Support & Resistance Levels for 22.10.2024On Monday, BankNifty opened with a gap up, hit the 15-minute Supply Zone mentioned in the previous post, and made a high of 52,577.50. However, it faced strong resistance, falling over 700 points to a low of 51,855.15 before closing at 51,962.70, down 131 points from the previous close. If BankNifty breaks below the 51,000 level with volume and sustains, we could see a further drop toward 49,959 or lower. The Weekly Trend (50 SMA) is positive, while the Daily Trend (50 SMA) remains sideways.
BankNifty Demand/Support Zones for 22.10.2024:
Near Demand/Support Zone (125m): 51,000.90 - 51,355.80
Near Demand/Support Zone (Daily): 49,654.65 - 49,959.25
Far Support: 49,282.65 (61.8% FIBO Level)
Far Demand/Support Zone (Daily): 44,633.85 - 45,750.40
BankNifty Supply/Resistance Zones for 22.10.2024:
Near Supply/Resistance Zone (Daily): 52,817.80 - 53,235.25
Far Supply/Resistance Zone (75m): 53,763.20 - 53,945.10
Far Supply/Resistance Zone (75m): 54,152.50 - 54,338.70
BANKNIFTY: INSTITUTIONAL LEVELS FOR 22/10/2024QUICK GUIDE
- Use 5 minute timeframe
- Try to take enters at retest
- Use multiple confirmation
- Read full description before investing
- Try to take ATM options or above
Explanation:
This is a very useful trading system. This means that you should not take a trade blindly, but rather that there is another confirmation to take the trade you can use this for perfect entry and perfect exit
This trading opportunity is based on volume, previous price, and price range , are included
Entry/Exit point's:
- It has very easy entry and exit points
- In this pair of lines with two colors are given (RED AND BLUE)
- In this the blue line is used to take long entry and the red line is used to take short entry (But it is all based on a more conformation from your trading plan)
Stop Loss/Take Profit:
Stop Loss
- According to this, if you take a long trade, its stop loss will be the red line just below ( A trade can exit either when the price crosses the red line or the 5 minute candlestick crosses the red line. (This can be done according to your preference) )
- A short entry should use the opposite rules to a long entry
Take Profit
-When you take a long entry according to the profit to be booked is on the next red line above. ( Or if there are other reasons, it can be a safe exit )
- Opposite rules for booking profit on long entry are to book profit on short trade. ( The blue line above is the stop loss of short entry )
Timeframe:
According to this, the time frame you should use while taking trades is 5 minutes time frames . (5 minute time frame works well in this)
Risk Disclaimer:
Trading carries significant risk and is not suitable for all traders. You may lose some or all of your capital in a matter of minutes or hours. Market conditions can change rapidly, and prices can move against you quickly. You may not always be able to exit at a favorable price, and you may be required to hold a position overnight, exposing yourself to additional risk. Day trading involves high risk, high leverage, and high stakes, and you should only trade with funds you can afford to lose. Please carefully consider your financial situation, risk tolerance, and trading objectives before engaging in day trading.
Engagement:
Share your insights, ask questions, and learn from others in the community. Whether you're a seasoned pro or just starting out, we're all in this together.
What's your take on the current market conditions? Which trading strategies are working for you? Let's discuss and help each other grow as traders!
Comment below and let's get the conversation started!
Original Content:
This trading setup is the result of my own innovation and expertise, and is not based on any publicly available information or third-party systems. It is a reflection of my dedication to developing a competitive edge in the markets.
Bank Nifty in Ascending Channel Chart Pattern You guys obviously know how to trade parallel lines !?
either side wait and then retracement and BOOM !
a winning trade..
Channel is a powerful yet often overlooked chart pattern and combines several forms of technical analysis to provide traders with potential points for entering and exiting trades
focus on buying near the bottom of the channel and exiting near the top. Be wary of shorting since the trend is up
Keep boosting/liking this post whenever the support or resistance is touched, I challenge you !
BANK NIFTY INTRADAY LEVELS FOR 21/10/2024BUY ABOVE - 52220
SL - 51990
TARGETS - 52400,52600,52800
SELL BELOW - 51990
SL - 52220
TARGETS - 51820,51600,51380
NO TRADE ZONE - 51990 to 52220
Previous Day High - 52220
Previous Day Low - 51160
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
BankNifty Intraday Support & Resistance Levels for 21.10.2024On Friday, BankNifty opened with a gap down, hitting a low of 51,000.90, and then staged an impressive comeback, bouncing nearly 1,200 points to a high of 52,199.45. It closed at 52,094.20, gaining 805 points from the previous close. If BankNifty breaks below 51,000 with volume and sustains, further downside could extend to 49,959 or below. The Weekly Trend (50 SMA) remains positive, and the Daily Trend (50 SMA) is sideways.
BankNifty Demand/Support Zones for 21.10.2024:
Near Demand/Support Zone (Daily): 49,654.65 - 49,959.25
Far Support: 49,282.65 (61.8% FIBO Level)
Far Demand/Support Zone (Daily): 44,633.85 - 45,750.40
BankNifty Supply/Resistance Zones for 21.10.2024:
Near Supply/Resistance Zone (15m): 52,254.70 - 52,358.35
Far Supply/Resistance Zone (15m): 52,417.40 - 52,562.70
Near Supply/Resistance Zone (Daily): 52,817.80 - 53,235.25
Far Supply/Resistance Zone (75m): 53,763.20 - 53,945.10
Far Supply/Resistance Zone (75m): 54,152.50 - 54,338.70
Is the Bottom Made in Nifty & BnK Nifty ?? Positive Divergence in NIFTY in Daily, 2 hours chart. Any close above 25000 levels will open doors for 25200. above tht 25500-25777 would be seen.
Bank Nifty is creating cup and handle pattern in the short timeframe of 2hours. Breakout has been made, from here it has hurdles every 200 points 52400-52600-52850-53050 level. Bank nifty is poised for more upside but should see 51990 once again before the upside journey !
Data Trading Part -1 It proves useful for assessing the depth and liquidity of specific strikes. It aids traders to find option premium against its corresponding maturity date and strike price. Option chain serves as a warning against breakouts or sharp moves in the index.
How It Works: A long straddle options strategy involves simultaneously buying a call option and a put option on the same underlying asset with the same strike price and expiration date. This strategy becomes profitable when the stock significantly shifts in one direction or another.
Bank nifty Next moveBank Nifty have forming harmonic formation for upside Rally
📌 Please support me with your likes 🤞🏻 and comments 💬 to motivate me to share more analysis with you and share your any opinion about the possible trend of this chart with me !
Best Regards , Davis 🥰
Hit the like 🤞🏻 button to !! Motive some energy !!🥇
📌 Note :
⨻ Check the live market updates and analysis yourself before buy 📈🔺 or sell 📉🔻
⨺ Am not giving any advisory or signals its just my idea for upgrade my knowledge 📚 in trading
⨹ This is my pre and post market analysis to improve my trading journey 🚀
⨂ Am Not suggesting anyone to buy or sell ❌ am just giving my views 👀
⫸ You are responsible for your trading ✅ not me ❌ ⫷
HAPPY TRADING 🥰
BANKNIFTY: INSTITUTIONAL LEVELS FOR 18/10/2024QUICK GUIDE
- Use 5 minute timeframe
- Try to take enters at retest
- Use multiple confirmation
- Read full description before investing
- Try to take ATM options or above
Explanation:
This is a very useful trading system. This means that you should not take a trade blindly, but rather that there is another confirmation to take the trade you can use this for perfect entry and perfect exit
This trading opportunity is based on volume, previous price, and price range , are included
Entry/Exit point's:
- It has very easy entry and exit points
- In this pair of lines with two colors are given (RED AND BLUE)
- In this the blue line is used to take long entry and the red line is used to take short entry (But it is all based on a more conformation from your trading plan)
Stop Loss/Take Profit:
Stop Loss
- According to this, if you take a long trade, its stop loss will be the red line just below ( A trade can exit either when the price crosses the red line or the 5 minute candlestick crosses the red line. (This can be done according to your preference) )
- A short entry should use the opposite rules to a long entry
Take Profit
-When you take a long entry according to the profit to be booked is on the next red line above. ( Or if there are other reasons, it can be a safe exit )
- Opposite rules for booking profit on long entry are to book profit on short trade. ( The blue line above is the stop loss of short entry )
Timeframe:
According to this, the time frame you should use while taking trades is 5 minutes time frames . (5 minute time frame works well in this)
Risk Disclaimer:
Trading carries significant risk and is not suitable for all traders. You may lose some or all of your capital in a matter of minutes or hours. Market conditions can change rapidly, and prices can move against you quickly. You may not always be able to exit at a favorable price, and you may be required to hold a position overnight, exposing yourself to additional risk. Day trading involves high risk, high leverage, and high stakes, and you should only trade with funds you can afford to lose. Please carefully consider your financial situation, risk tolerance, and trading objectives before engaging in day trading.
Engagement:
Share your insights, ask questions, and learn from others in the community. Whether you're a seasoned pro or just starting out, we're all in this together.
What's your take on the current market conditions? Which trading strategies are working for you? Let's discuss and help each other grow as traders!
Comment below and let's get the conversation started!
Original Content:
This trading setup is the result of my own innovation and expertise, and is not based on any publicly available information or third-party systems. It is a reflection of my dedication to developing a competitive edge in the markets.
BankNifty Intraday Support & Resistance Levels for 18.10.2024On Thursday, BankNifty opened with a gap up, hit a high of 51,930.20, and then dropped over 750 points to a low of 51,150.25. It closed at 51,288.80, losing 512 points from the previous close. Despite entering the 125m Demand Zone (51,005.85 - 51,246.50) mentioned earlier, the Daily trend remains bearish. If BankNifty breaks below the 51,000 level with volume and sustains, a further drop toward 49,959 or lower could be on the horizon. The Weekly Trend (50 SMA) is still positive, but the Daily Trend (50 SMA) is negative.
BankNifty Demand/Support Zones for 18.10.2024:
Near Demand/Support Zone (125m): 51,005.85 - 51,246.50 (Tested on Thursday)
Far Demand/Support Zone (Daily): 49,654.65 - 49,959.25
Far support: 49,282.65 (61.8% FIBO Level)
BankNifty Supply/Resistance Zones for 18.10.2024:
Near Supply/Resistance Zone (125m): 51,767.30 - 52,031.60
Near Supply/Resistance Zone (15m): 52,254.70 - 52,358.35
Far Supply/Resistance Zone (15m): 52,417.40 - 52,562.70
Near Supply/Resistance Zone (Daily): 52,817.80 - 53,235.
BANK NIFTY INTRADAY LEVELS FOR 17/10/2024BUY ABOVE - 51990
SL - 51820
TARGETS - 52220,52400,52600
SELL BELOW - 51660
SL - 51820
TARGETS - 51380,51160,50920
NO TRADE ZONE - 51660 to 51990
Previous Day High - 51990
Previous Day Low - 51660
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
BankNifty Intraday Support & Resistance Levels for 17.10.2024On Wednesday, BankNifty opened with a gap down, marking an Open=Low at 51,711.20, and reached a high of 52,031.60. It closed at 51,801.05, losing 105 points from the previous close. The Weekly Trend (50 SMA) remains positive, while the Daily Trend (50 SMA) is negative. Demand and support zones remain unchanged.
BankNifty Demand/Support Zones for 17.10.2024:
Near Demand/Support Zone (125m): 51,005.85 - 51,246.50
Far Demand/Support Zone (Daily): 49,654.65 - 49,959.25
Far support: 49,282.65 (61.8% FIBO Level)
BankNifty Supply/Resistance Zones for 17.10.2024:
Near Supply/Resistance Zone (15m): 52,254.70 - 52,358.35
Far Supply/Resistance Zone (15m): 52,417.40 - 52,562.70
Near Supply/Resistance Zone (Daily): 52,817.80 - 53,235.25
Far Supply/Resistance Zone (75m): 53,763.20 - 53,945.10
Far Supply/Resistance Zone (75m): 54,152.50 - 54,338.70
BANKNIFTY: INSTITUTIONAL LEVELS FOR 17/10/2024QUICK GUIDE
- Use 5 minute timeframe
- Try to take enters at retest
- Use multiple confirmation
- Read full description before investing
- Try to take ATM options or above
Explanation:
This is a very useful trading system. This means that you should not take a trade blindly, but rather that there is another confirmation to take the trade you can use this for perfect entry and perfect exit
This trading opportunity is based on volume, previous price, and price range , are included
Entry/Exit point's:
- It has very easy entry and exit points
- In this pair of lines with two colors are given (RED AND BLUE)
- In this the blue line is used to take long entry and the red line is used to take short entry (But it is all based on a more conformation from your trading plan)
Stop Loss/Take Profit:
Stop Loss
- According to this, if you take a long trade, its stop loss will be the red line just below ( A trade can exit either when the price crosses the red line or the 5 minute candlestick crosses the red line. (This can be done according to your preference) )
- A short entry should use the opposite rules to a long entry
Take Profit
-When you take a long entry according to the profit to be booked is on the next red line above. ( Or if there are other reasons, it can be a safe exit )
- Opposite rules for booking profit on long entry are to book profit on short trade. ( The blue line above is the stop loss of short entry )
Timeframe:
According to this, the time frame you should use while taking trades is 5 minutes time frames . (5 minute time frame works well in this)
Risk Disclaimer:
Trading carries significant risk and is not suitable for all traders. You may lose some or all of your capital in a matter of minutes or hours. Market conditions can change rapidly, and prices can move against you quickly. You may not always be able to exit at a favorable price, and you may be required to hold a position overnight, exposing yourself to additional risk. Day trading involves high risk, high leverage, and high stakes, and you should only trade with funds you can afford to lose. Please carefully consider your financial situation, risk tolerance, and trading objectives before engaging in day trading.
Engagement:
Share your insights, ask questions, and learn from others in the community. Whether you're a seasoned pro or just starting out, we're all in this together.
What's your take on the current market conditions? Which trading strategies are working for you? Let's discuss and help each other grow as traders!
Comment below and let's get the conversation started!
Original Content:
This trading setup is the result of my own innovation and expertise, and is not based on any publicly available information or third-party systems. It is a reflection of my dedication to developing a competitive edge in the markets.
BANK NIFTY INTRADAY LEVELS FOR 16/10/2024BUY ABOVE - 51990
SL - 51820
TARGETS - 52220,52400,52600
SELL BELOW - 51660
SL - 51990
TARGETS - 51380,51160,50920
NO TRADE ZONE - 51660 to 51990
Previous Day High - 51990
Previous Day Low - 51660
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
BankNifty Intraday Support & Resistance Levels for 16.10.2024On Tuesday, BankNifty opened with a gap up, reaching a high of 52,022.05 and a low of 51,698.75 in a slightly volatile session. It closed at 51,906, gaining 89 points from the previous close. The Weekly Trend (50 SMA) remains positive, while the Daily Trend (50 SMA) continues to be negative.
BankNifty Demand/Support Zones for 16.10.2024:
Near Demand/Support Zone (125m): 51,005.85 - 51,246.50
Far Demand/Support Zone (Daily): 49,654.65 - 49,959.25
Far support at 49,282.65 (61.8% FIBO Level)
BankNifty Supply/Resistance Zones for 16.10.2024:
Near Supply/Resistance Zone (15m): 52,254.70 - 52,358.35
Far Supply/Resistance Zone (15m): 52,417.40 - 52,562.70
Near Supply/Resistance Zone (Daily): 52,817.80 - 53,235.25
Far Supply/Resistance Zone (75m): 53,763.20 - 53,945.10
Far Supply/Resistance Zone (75m): 54,152.50 - 54,338.70
BankNifty Intraday Support & Resistance Levels for 15.10.2024On Monday, BankNifty opened with a gap up, surged through the 15-minute supply zone, and hit a high of 51,893. It closed strong at 51,816.90, gaining 644 points from the previous close. BankNifty is now showing signs of a retracement move as it exited the Daily Demand Zone and reached a six-day high. The Weekly Trend (50 SMA) remains positive, while the Daily Trend (50 SMA) is negative.
BankNifty Demand/Support Zones for 15.10.2024:
Near Demand/Support Zone (Daily): 50,369.40 - 51,420.15 (tested)
Near Demand/Support Zone (125m): 51,005.85 - 51,246.50
Far Demand/Support Zone (Daily): 49,654.65 - 49,959.25
Far support at 49,282.65 (61.8% FIBO Level)
BankNifty Supply/Resistance Zones for 15.10.2024:
Near Supply/Resistance Zone (15m): 52,254.70 - 52,358.35
Far Supply/Resistance Zone (15m): 52,417.40 - 52,562.70
Near Supply/Resistance Zone (Daily): 52,817.80 - 53,235.25
Far Supply/Resistance Zone (75m): 53,763.20 - 53,945.10
Far Supply/Resistance Zone (75m): 54,152.50 - 54,338.70
BANK NIFTY INTRADAY LEVELS FOR 15TH OCT 2024BUY ABOVE - 51820
SL - 51600
TARGETS - 51990,52120,52260
SELL BELOW - 51600
SL - 51820
TARGETS - 51340,51160,50920
NO TRADE ZONE - 51600 to 51880
Previous Day High - 51880
Previous Day Low - 51160
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍