Understanding trends through supports and resistances.
Banknifty Spot - 25.03.2022 The Index is trading @ 35410 levels The prices are below EMA There is a DARK CLOUD COVER in Weekly Charts The Index is taking a SUPPORT @ 35200 levels Watch out for the price action RESISTANCE : 35700/- 36050/- 36300/- SUPPORT: 35080/- 34800/- 34555/-
Bank Nifty Level Upadate for Trading | END OF DAY CHART ANALYSIS Nifty and Banknifty Both are not in Trend - Sidewise Trend For Trading Wait For Breakout For Daily Nifty and Banknifty Levels Upadate Search In Google - Trading With Manoj Shinde
Banknifty is Trading on a important Support zone. Price has created a bottom and it's a possibility to take a bounce from there in today's session. In daily chart, BNF has created a ABCD pattern and Exactly the price faced a rejection from 61.8% level. And most of time price retrace till 38.6% level in this situation which is 35000. but it's market, let's...
Today will be flat or slightly gap down opening expected in banknifty. After opening if it's starts trading below 35450 level then expected further downside of 400-500+ points in banknifty. Upside rally possible only if it is sustain above 35550 level. Strong upside rally of 400-500+ points possible if banknifty starts trading above 36050 level.
Bank Nifty Level Upadate for Trading | END OF DAY CHART ANALYSIS
BANKNIFTY is near important support. Bank nifty looking weak compare to Nifty. In Chart you can see daily support near today's close. if its broke we may see GAP filling given in chart. So tomorrow positive opening and closing is very much important for Bank nifty. Lets see and trade accordingly price action. Like, Share, Comment for regular...
Understanding trends through supports and resistances,
BNF already falling that's why didn't give any level to SHORT. Its open for shorting Before to reach Target 1. Need to be careful around Target 1 because it's 50% level of Fibonacci that's why it would be important. Price can reverse form the same and then the journey will start from C to D leg of Pattern. Please see the chart once, have tried to mention...
BankNifty opened with a gap-up around the flat at 36630 and made high around 36830 but we saw selling from higher Levels and BankNifty made a low at 36064. Trades we took today - > Bought BankNifty 36600 CE at 400 which we booked at 440 with a small profit > Bought BankNifty 36600 PE at 370 which we booked at 340 with 30 points loss > Bought BankNifty 36500 PE...
Today will be slightly gap down opening expected in banknifty. After opening if banknifty starts trading below 35950 level then expected further downside of 400-500+ points. Upside rally of 400+ points possible in case it is sustain above 36050 level and this can be extend for further 400-500+ points if banknifty starts trading above 36550 level.
Hello Traders, Banknifty-24/03/2022-Levels ---------------------------------------- If Market Opens as a- GAP-UP: Support of IMP (BUY) – Rejection of IMP (SELL) FLAT: Support of R@1 (BUY) – Rejection of PDL (SELL) GAP-DOWN: Support of S@2 (BUY) – Rejection of S@2 (SELL) ------------------------------------- Happy Learning and Trading Rules to fallow... ...
Discussing important levels for bank nifty and how to plan our trades for tomorrow. Cheers!
Hello Traders, #Banknifty-23/03/2022-#Report ------------------------------------------ Opened as a Gap-Up, Then went to R@3-Zone and reversed. Market was broken (R@2, R@1, PDH and S@1)-Zones then went to IMP-Zone. I hope you all like my analysis. Follow me to get regular updates. Please do share your thoughts in comment section. Please Hit a LIKE, it...
Today will be gap up opening in banknifty. After opening if it's sustain above 36550 level then expected further upside rally of 400-500+ points in banknifty. Any downside only possible below 36450 level.
Hello, banknifty analysis & technical levels for tommrow above: 36,000 index will go upto 37,700 will be resistance (target identified from harmonic xabcd/abcd pattern level 0.786/2.0) & below 35,370 if breaks index will go upto 34,100 will be support. LOGIC BEHIND TRADE: Index is trading in range (36,000-35,370) breakout & breakdown of range will decide market...
Bank Nifty Level Upadate for Trading | END OF DAY CHART ANALYSIS For more Update search In Google - trading with Manoj Shinde 27485
Today will be gap up opening in banknifty. After opening if it is sustain above 36050 level then expected upside rally of 400+ points in banknifty. This rally can extend for further 400-500+ points in case banknifty gives breakout of 36550 level. Any major downside possible only below 35950 level.