Wait for the dip to buy ce one side view in this scenerio 1 There is a scenerio 2 as well in which it might go total sideways too and then fall a bit.
understanding trends through support and resistance.
Banknifty may see a resistance at 35700. We may see some profit booking also. Being expiry day both side sharp movements possible. Refer the targets given in chart on both the sides. Major Resistance: 36000 Major Support: 35000 Immediate support: 35500 Trade with Stoploss! For Information & Education purpose only! Regards Trade Leader
Today will be gap up opening expected above 35500 level. If banknifty sustain above this level then possible further 400-500+ points upside rally in first half session. 36000 will act as an immediate resistance after the rally. In case breakout of this resistance gives again 500+ points upside movement in banknifty. Downside possible if it is trading below 35450...
Do not short unless it breaks 35000 mark which is both a psychological anda logical level! As you can see in the last hour it did broke above as you can see the trendline break and also a consolidation breakout that means bear are very active at current levels which could also lead to possible gap up opening tomorrow ✅ No bears would be invited unless it...
understanding trends through support and resistance.
BankNifty Opened with a minor gap-up and faced resistance near our marked level and came towards 35250 levels. We saw the consolidation and as expected it gave an up move of around 200 points, we bought 35500 CE around 230 which went above 300. Expectations for Tomorrow: Trending day. Resistance: 35900 Support: 34958 Intraday Levels: Buy Above 35400 Sell Below...
Banknifty may remain sideways. Refer the targets given in chart on both the sides. Immediate Resistance: 36000 Immediate Support: 35500 Trade with Stoploss! For Information & Education purpose only! Regards Trade Leader
Today possible flat or slightly gap down opening in banknifty. For today's session 35000 will act as an important downside support. More chances it will take reversal from this support. In case breakout this support and trading below 34950 will give strong downside move in banknifty. 400-500+ upside bullish move possible if it is trading and sustain above 35550 level.
More like a breakdown ! Let’s see if it sustains... Currently trading at no trading zone as the range between 35350-35200 has always shown indecision since last so many days! Hence its better to avoid trading this range!! One can trade it breakdown ✅
Banknifty has broken a major support trend line. I'm looking forward to a fall to the levels of 34933 as first target, and 34724 as final target. This is only valid if we don't open gap up and continue the trend. We are still in a major uptrend, and this is just a correction for next two days. But I'm not interested in any longs until shown in the price action.
Do not trade in between 35565-35235 Buy Above 35265 for the Targets marked on Chart Sell below 35235 for the Targets marked on Chart Take Entries when Market sustains above / below our levels Avoid entries , if there is a Huge Gap Up / Gap Down Take Entries as per Price Action ** Only for Educational Purposes ( As you all can see our daily Analysis , Bank...
Banknifty may help to hold the bull rally of Nifty. Immediate Resistance: 36000 Immediate Support: 35500 Trade with Stoploss! For Information & Education purpose only! Regards Trade Leader
Today will be again gap up opening in banknity. If it is sustain above 35550 level then expected further 400-500+ points upside rally after opening. 36000 will act as an immediate resistance. In case breakout of this resistance give 400-500+ points another bullish rally. Downside possible if banknifty trading below 35450 level.
Chart says it all ✅ Again at very crucial levels
Do not trade in between 35600 - 34975 Buy Above 35600 for the Targets marked on Chart Sell below 34975 for the Targets marked on Chart Take Entries when Market sustains above / below our levels Avoid entries , if there is a Huge Gap Up / Gap Down Sell only when red trend line is broken Take Entries as per Price Action ** Only for Educational Purposes ( As...
Do not trade in between 35600 - 34975 Buy Above 35600 for the Targets marked on Chart Sell below 34975 for the Targets marked on Chart Take Entries when Market sustains above / below our levels Avoid entries , if there is a Huge Gap Up / Gap Down Sell only when red trend line is broken Take Entries as per Price Action ** Only for Educational Purposes ( As...