Today will be a gap up opening in banknifty. If it is trading and sustains above 31500 then we will get a further rally of 300-400 points. The trend will change only if banknifty trading below 31000 levels.
All co-ordinatss are mentioned in the chart.
BankNifty is approaching the resistance of 31470, sell near that price if we see the price rejection in 15 mins timeframe for the targets of 150 points (31320). Consider buying only if sustains above 31470 for 31570 and 31650 as Intraday Targets. Happy Trading! InvestPro India Team
📈 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. ******whatever charts or levels sharing here are just for educational purpose only not a...
If we are right at identifying pattern then Banknifty should retrace from wave (4) in 30907-30628 range without breaking above 31454. And 30907-30628 is also support range.
NSE:BANKNIFTY each levels act as support and resistance , one trade on 3 min , 5 min and 15 as per their trade setup.
** PLEASE NOTE THAT ALL LEVELS MENTIONED ARE SPOT ** Good evening! The index managed to close above a comparatively major hurdle around 30800 which is positive for the momentum. FIIs remain net buyers and the index could very well be propelled to 31780, fueled by a short-covering rally. In that respect, Nifty would close the year above 14000, making quite a...
BANKNIFTY Expected to break the resistance tomorrow take long if opens a gap up
Hi Traders, This is next week's plan for Bank nifty all has been explained in the video this is the snapshot of that detail so that you can mark all levels on your charts. -Yogesh Vats
After the Nifty fall of 21st December, BankNifty is continuously progressing in the uptrend . I have drawn two trend lines and you can see that the BankNifty is taking support and progressing upwards. Currently, it is at the support and if everything is good then on 28th December, it will break 30500 mark and will proceed higher. First target is 30500 , second is...
*Details mentioned In the Chart.
Today will be a gap up opening in banknifty. If it sustains above 30000 levels then we will get 30400-30500 target in today's session. Fewer chances to break the 30500 levels. Possible it will take reversal from this level.
Banknifty is forming a wedge pattern. Here's my plan - Case 1 - If there is a breakdown, the market can become trending and the fall might be scary. Case 2 - If market sustains the upper level, I will prepare for a sideways market as 30000 will act as strong resistance. Cheers.
Today will slightly gap down opening in banknifty. If it trading below 29450 then we will see further fall towards the 29000 levels. 29000 will act as an important support for today's session if trading below this support then banknifty will take quick fall of 300-400 in the second half session.
Today will slightly gap up opening in banknifty. It will face strong resistance at 29950-30000 level and we will see a reversal from this level towards the 29500 and 29000 levels.
In this 2hour chart of bank nifty from 20405 wave (a or i), (b or ii) and (c or iii) is completed at 24823, 23613 and 30945 respectively. 29214-28144 is support range for wave (iv) and if BN trades below 28144 then only bigger decline is possible.
Bank Nifty gave up more than 4% and respected the trendline. If it Breaks the Trendline, next target will be lower trendline.
Hello Traders, Compare my last week's analysis from this current one and decide do I deserve to write the same title of this video or not. You all can go deep in our analysis just need o to be a hard worker and focused on your destination. ...