Today will be slightly gap down opening in banknifty. Expected side ways movement between 35500-36000 range. In case breakout of anyside of this range give 400-500 points quick move.
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...
Today expected slightly gap down opening in banknifty. In the first half expected banknifty trade between 35500-36000 range. Today is expiry session in case If banknifty trading below 35450 then we will get strong downside movement in banknifty.
As we analyzed yesterday, BankNifty gave a sell trade today and took a bounce nearby our support level 35600. BankNifty is still in 1000 points range and we may get a big move (1000 points or above) once the range would break. Until now, we can play within that range and tomorrow is the weekly expiry so I am expecting the side ways market until 1:30pm. In today's...
Bank Nifty Bulish Above 36080 Above Closed Price Go Long
As we analyzed sellers are getting active near 36500 levels and we again saw the rejection today. BankNifty is trading in a range and forming an indecision candle for the last 2-3 sessions, we may see a good one side move in this week. In today's session, our sell trade initiated and we booked 150 points today. Resistance: 36500 Support: 35600 Intraday levels...
Today expected slightly gap up opening in banknifty. Since last 2-3 session banknifty consolidating in the range of 35550-36500. If any side of a breakout this range can give strong movement in a particular direction.
From 29687 wave (i), (ii) and (iii) is completed at 31630, 31232 and 36615 respectively. from 36615 may be wave (iv) is started and may complete in 35344-34558 range. so 35344-34558 will be the support range for BN. but if it trades below 34558 then its a negative sign.
BankNifty is showing some tiredness in trend and we again saw the rejection near the 36500 zones today and if we exclude initial on hour it was a sideways market. Resistance: 36300 Support: 35700 Intraday levels for tomorrow: Buy Above 36000 for the targets of 36150, 36250, and 36350. SL for the Buy Trade would be 35890. Sell Below 35800 for the targets of...
Today will be a gap up opening in banknifty. If it sustains above 36000 level then possible we will get bullish rally towards the 36500 to 37000 levels. Only weakness if banknifty trading below 35900 levels.
Resistance: 36000 Support: 35250 Expectations for Tomorrow: Bearish Day Intraday levels for tomorrow: Buy Above 35800 for the targets of 35980, 36100, and 36200. SL for the Buy Trade would be 35690. Sell Below 35500 for the targets of 35400, 35300, and 35200. SL for the Sell Trade would be 35610. To motivate me, Please like the idea If you agree with the...
Triangle Pattern on 15 min Time frame, if breaks upside then 37200 is the target also there is a bullish harami candlestick pattern on hrly. If breaks down there are gaps to be filled... May consolidate and take time...
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...
niftybank if trend line broken on 15min then look for red trendline downside otherwise again bullish reversal Disclaimer: only for educational & learning purpose
Today banknifty will open with gap up near 36000 levels. If banknifty trading above 36000 levels then expected further 300-400 points upside move. In case It trading below 35450 then we will get the first short term trend change to negative indications in banknifty. Below 35450 next strong support will be 35000-35050 level. You can follow yesterday's view for...
Case 1 : Bank Nifty May start its upward journey resistance placed at 37000 breaking the flag Case 2 : Or else it may first retest the gap (support) 33800 and then move upward Morning price action may determine the direction. Long term resistance at 37000 if breaks then sky is the limit. Enjoy. Happy Trading.
5th feb candle in the daily chart is completely out of the Bollinger band. This indicates that the Bank Nifty will take a sharp turn to return and find a solid support. On the other hand, weekly charts have a very strong bullish engulfing pattern which means that uptrend might just continue. The gap between the trendline and the candles is way above understandable...
Today banknifty will open gap up near 35500 level. If it trading above this level then we will get further 300-400 points rally in banknifty. Downside correction is possible if banknifty trading below 35450 levels. 35050 will act as strong support for today session.