BN is at the verge of dropping another 500 points till 43200, if not able to hold 22 May 2023 swing i.e. 43680. If crosses then, possible target should be 43500/ 43200.
The FASP for BankNifty is listed for 24-05-2023. 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 is forming rising wedge pattern (blank line) and double top (M) green line and there is a strong support trendline. If the support trendline is broken at 43888 level then possibility of reaching 43333 is high. if it takes support at 43888 level then market might retest and try to break all-time high. Don't be bullish or bearish trade with the market...
#PAGE IND... ✅▶️ take target upto 1350 Intraday as well as swing trade All levels given in charts ... IF good potential seen then we work in options also if activate then possible a huge movement Keep eye on this ... We take trade only when it activates... Possible to give good target TRADING FACTS
1. Price is making tight consolidation zone 2. As discussed in on of the earlier post, since BN is trading near ATH, to break its ATH, it has to consolidate before breakout
Bank Nifty already retest its all time high and already spending so much time near resistance zone so now it is ready for a big move, get ready for a rocket move as per my vie w, please share your views in comments
The FASP for BankNifty is listed for 23-05-2023. 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...
First time in many weeks, banknifty underperformed nifty50. Ideally this move should have come last week when nifty50 had 2 more resistances to break and banknifty was near ATH. Better late than never. Nifty50 shooting pass banknifty is actually good for the entire stock markets in India. Only when all the components have caught up - a bullish trend is...
NSE:BANKNIFTY1! BANKNIFTY has been bouncing off of current buy/spport zone, if we get a breakdown of current support zone then we can expect a down move till target 3 .
banknifty opens a gap up possibly it can open at 44144 level and it will retest 44044 level before going for all time high. banknifty opens a gap down then possibly of opening gap down at 43880 level. if it's opens flag it will try to break the 44044 and 44132 level and can take reversal at 44184 level by 10 AM. Buy above 440057(43900 CE) Target...
Good morning! As of May 22nd, the global market has shown a negative start with a moderately bearish market nature. There may be a gap-down at the beginning. After that, if it sustains, we can anticipate a range-bound market or a continuation of the correction. On the other hand, if the market sharply pulls back at the start, we can expect a continuation of the...
Today will be FLAT opening in BANKNIFTY . After opening if banknifty start trading above 44050 level then possible upside rally of 400-500 points upto 44450 Level. in case banknifty starts trading below 43950 level possible downside rally upto 43550 level.
The FASP for BankNifty is listed for 22-05-2023. 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...
Incase You have been viewing the charts, you will find special markings in Red, blue and Green. These are very important areas and opening of the trade in the morning gives us a reasonable idea along with other factors as to how the day should proceed. If you have been following the levels from the previous charts by now you would have seen the importance of how...
Bank Nifty may take big move on upside on Monday, bank nifty already takes so much rejection on upside so may be possible for a big breakout on Monday, this is my opinion only for educational purpose, share your ideas on comments
Intraday Analysis for The week following 22nd May 2023 Levels & Zones Above - 44095-44145, 44521, 44696, 449455 Levels & Zones Below - 43725-774, 43289-352, 42822-916, 42582-668, 42269-334, 41933-961
buy call above 43850 tgt-43980\44600 buy put below 43650 tgt- 43400\43000 follow setup entery is important. tgt-100/200+ extend with major setup.
There was so much of hidden meaning in today's price action. Both banknifty and Nifty50 opened gap-up and then started falling. Banknifty fell 0.97% from High to Low, whereas Nifty fell 0.66% only. This fall is the 1st anomaly, this happened at a time when NiftyIT was roaring! It opened gap-up and was shooting up. Which goes to prove that either Reliance or...