Today will be slightly a gap up opening in banknifty. 35000 will act as strong support for today session. If it is trading below this level this possible strong fall of 300-400 points downside. The bullish side only above 35550-35600 level.
Kotak Mahindra Bank making a Head & Shoulder Pattern, closed on a very critical support level i.e. 1939. Can give a good breakout if Bank Nifty Breaks tomorrow and the market sentiments act negative. Have given both the levels for buy and sell. If it takes support from the line of support tomorrow also for 15-20 mins go long. If the support level is broken and...
Bank Nifty Break Their Strong Support Levels Of 35500 And Its Retest and Closed Below 35250 Short Below 35100 as mention can accive in intraday please take your own risk mnanagemnt before trade im not sebi registerd
After the breakdown of strong support expected banknifty will fall till its 50% retracement level of Fibonacci.
Today expected a slightly gap down opening in banknifty. If it's trading below 35500 in today's session then can expect a quick downside of 400-500 points towards the 35000 support. The market is only positive if trading above 36050 levels.
NSE:BANKNIFTY 📊 Each levels Act as support and resistance📈📉. one can trade on 3min, 5min and 15 min as per their trade set up. for reference one can check our old published ideas. if any candle taking support from any level then try to identify that is that reversal candle at support or what if that is reversal candle then go long above that reversal candle and...
These are the key level to watch this week on Banknifty. Level are price which makes or brake. Good luck!!
Hi Traders, In this screenshot, You can see how to see the change in trend in an easy and simple way along with next week's plan for trading in bank nifty. For detail see the complete explanation in the video link given in the below box. Yogesh Vats
In 30min chart of bank nifty wave (i), (ii) and (iii) is completed at 31630, 31232 and 37708 respectively and wave (iv) is either completed at 35584 or complete in 35584-35234 range. wave (v) is still pending above 37708. 36180-35234 support range and BN is negative only below 35234.
As we analyzed BankNifty of 37708 against our resistance level of 37700 and came down to 37672. Our sell trade triggered at 37200 and all our targets met. For tomorrow, I am expecting a flat to minor gap-up opening. Resistance: 37400 Support: 36700 Intraday levels for next session: Buy Above 37170 for the targets of 37290, 37370, and 37450 Sell Below 36950 for...
NSE:BANKNIFTY 📊 Each levels Act as support and resistance📈📉. one can trade on 3min, 5min and 15 min as per their trade set up. for reference one can check our old published ideas. if any candle taking support from any level then try to identify that is that reversal candle at support or what if that is reversal candle then go long above that reversal candle and...
The crab is considered by Carney to be one of the most precise of the patterns, providing reversals in extremely close proximity to what the Fibonacci numbers indicate. In a bullish pattern, point B will pullback 0.382 to 0.618 of XA. BC will retrace 0.382 to 0.886 of AB. CD extends 2.618 to 3.618 of AB. Point D is a 1.618 extension of XA. Take longs near D, with...
Today will be a gap up opening in banknifty. If it sustains above 37050 then possible it goes for 37450 to 37950+ in today's session. Downside fall 300-400 point possible below 36950 to 36550.
As we analyzed yesterday, we opened almost flat and instantly tested yesterday's low. It gave a good rally, initiated our buy trade and we booked 120 points in Future. We again got another opportunity to sell below 36950 and again booked 100 points on the sell-side too. Overall, good day! Expectations: Range-Bound Day Resistance: 37240 Support: 36680 Intraday...
Bank Nifty is showing volatality in rangebound movement. Levels to long and short are marked with no trading zone/short strangle if Selling options
NSE:BANKNIFTY 📊 Each levels Act as support and resistance📈📉. one can trade on 3min, 5min and 15 min as per their trade set up. for reference one can check our old published ideas. if any candle taking support from any level then try to identify that is that reversal candle at support or what if that is reversal candle then go long above that reversal candle and...
Bank Nifty Long Trade On Breakout in 15 Min Chart
Banknifty if going to hit 40k soon. And this Scrip will be impossible to trade after that. Volatility will be high. Option premium will be high. Minority traders with low capital might get in trouble to trade in this index. If you want proof you can go and check MRF stock how it moves .. you will find more wild move in Banknifty at that rate.