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BankNifty Intraday Trade Setup | 29th DecToday BankNifty opened with a gap-up and after consolidating near our buy level 48400 it went up towards 48630 and 1st and 2nd Targets were done on buy side. For tomorrow, if BankNifty sustains above 48650, we expect to see further up move towards 48770 and upper marked levels. On the other side, if BankNifty breaks 48400 on the downside, we may see 48280 and below marked levels. Expectations: Volatile Day Intraday Levels: Buy Above - 48650 Sell Below - 48400 To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
NSE:BANKNIFTY
by InvestPro_India
1
BankNifty levels - Jan 1, 2024Utilizing the support and resistance levels of BankNifty, along with the 5-minute timeframe candlesticks and VWAP, can enhance the precision of trade entries and exits on or near these levels. It is crucial to recognize that these levels are not static, and they undergo alterations as market dynamics evolve. The dashed lines on the chart indicate the reaction levels, serving as additional points of significance. Furthermore, take note of the response at the levels of the High, Low, and Close values from the day prior. We trust that this information proves valuable to you. * If you found the idea appealing, kindly tap the Boost icon located at the bottom right. We encourage you to share your thoughts and comments regarding it. Wishing you successful trading endeavors!
NSE:BANKNIFTY
by sacxe
28th Dec ’23 - 94% of Q3 gains came in DEC - BankNifty AmazingBankNifty Quarterly Analysis Surprisingly BankNifty rose only 9.56% ~ 4232pts compared to 11.6% by Nifty. There are 2 reasons for this. RBI’s I-CRR and CAR weight adjustments decisions rocked the boat and BN fell much more than N50 NiftyIT rose to the occasion and supported N50, in the same period NiftyIT gained almost 12% 1D chart link - click here BankNifty Monthly Analysis 94% of the Quarterly gains came in the December series alone. It was like a relay race and during the last lap, BN ran so fast that it made up for the losses in the earlier 2 months. 1D chart link - click here BankNifty Analysis The gap up really helped BankNifty to cross the top boundary of the ascending channel. After that happened, all BN had to do today was to resist falling below that inclined support level. In fact BN did that beautifully today and in the process hit a new ATH of 48636. 4mts chart link - click here The monthly options expiry is much better than the weekly ones. Primarily because the premiums are pretty high when Nifty and BankNifty have expiry on the same day. From a trader’s perspective, the earnings are directly proportional to the premiums the strike carries. During volatile expiries like today, the premium is too sugary to resist. 63mts chart link - click here BN trade above the ascending channel top line is not that clear from the chart as the line is seen as cutting it through. On a lower TF, you can clearly see the difference. For tomorrow also, we are going with the bullish stance.
NSE:BANKNIFTYLong
by viswaram
FASP levels for Bank Nifty 29/12/2023The FASP for BankNifty is listed for 29-12-2023. You can add this levels to your trade setup for better results. This should not be the only indicator but an additional tool to increase your winning possibilities. What is Fibolysis Anchor SupRes Points(FASP)? It is a unique level arrived by using Fibonacci Retracement , Fibonacci Extension , Standard Pivot levels under various Timeframes. It is an extensively analyzed level to draw the support and resistance levels for the next day. You can use these levels along with your trade setup to increase your winning odds. Validity of the levels: 1 Day How to use these levels? The three levels on both sides are usually easily achievable. The Targets above are bit difficult to achieve in a single trading session. I use this fact to write intraday positions and to buy options. Color Coding: Green is regular support and buying area, Red is strong exit area Disclaimer: This is shared in the interest of educational purpose and for knowledge enhancement. Kindly refer it in the same light. I am not responsible for any profits or loss incurred based on this information.
NSE:BANKNIFTY
by SathishChandrasekaran
BankNifty Intraday Trade Setup | 28th DecToday BankNifty opened with a gap-up around 47850 and we saw a breakout above 48000 in the morning session which took BankNifty towards 48250 zones but profit booking was seen from the upper levels. BankNifty again took support near 47900 odd levels and gave rally towards 48350 by breaking a previous high. For tomorrow, if BankNifty sustains above 48400, we expect to see further up move towards 48520 and upper marked levels. On the other side, if BankNifty breaks 48070 on the downside, we may see 47960 and below marked levels. Expectations: Volatile Day Intraday Levels: Buy Above - 48400 Sell Below - 48070 To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
NSE:BANKNIFTY
by InvestPro_India
6
BankNifty levels - Dec 29, 2023Utilizing the support and resistance levels of BankNifty, along with the 5-minute timeframe candlesticks and VWAP, can enhance the precision of trade entries and exits on or near these levels. It is crucial to recognize that these levels are not static, and they undergo alterations as market dynamics evolve. The dashed lines on the chart indicate the reaction levels, serving as additional points of significance. Furthermore, take note of the response at the levels of the High, Low, and Close values from the day prior. We trust that this information proves valuable to you. * If you found the idea appealing, kindly tap the Boost icon located at the bottom right. We encourage you to share your thoughts and comments regarding it. Wishing you successful trading endeavors!
NSE:BANKNIFTY
by sacxe
BankNifty levels - Dec 28, 2023Utilizing the support and resistance levels of BankNifty, along with the 5-minute timeframe candlesticks and VWAP, can enhance the precision of trade entries and exits on or near these levels. It is crucial to recognize that these levels are not static, and they undergo alterations as market dynamics evolve. The dashed lines on the chart indicate the reaction levels, serving as additional points of significance. Furthermore, take note of the response at the levels of the High, Low, and Close values from the day prior. We trust that this information proves valuable to you. * If you found the idea appealing, kindly tap the Boost icon located at the bottom right. We encourage you to share your thoughts and comments regarding it. Wishing you successful trading endeavors!
NSE:BANKNIFTY
by sacxe
Sequent Scientific PE is negative at -42 THE CARLYLE GROUP ACQUIRES A MAJORITY STAKE IN SEQUENT SCIENTIFIC LIMITED Shares of Sequent Scientific soared over 9 percent in early trade on September 15 after the company's board approved the sale of its API (Active Pharmaceutical Ingredient) facility in Thane Sequent Scientific (NSE:SEQUENT) delivers shareholders decent 8.8% CAGR over 5 years Sequent Scientific shares jump 15% after terminating Tineta Pharma's proposed acquisition mutual funds have increased stake from 0.25% to 1% DII also increasing stake significantly stock has come out of accumulation Phase!!!
NSE:SEQUENTLong
by rsptraders2017
BankNifty levels - Dec 27, 2023Utilizing the support and resistance levels of BankNifty, along with the 5-minute timeframe candlesticks and VWAP, can enhance the precision of trade entries and exits on or near these levels. It is crucial to recognize that these levels are not static, and they undergo alterations as market dynamics evolve. The dashed lines on the chart indicate the reaction levels, serving as additional points of significance. Furthermore, take note of the response at the levels of the High, Low, and Close values from the day prior. We trust that this information proves valuable to you. * If you found the idea appealing, kindly tap the Boost icon located at the bottom right. We encourage you to share your thoughts and comments regarding it. Wishing you successful trading endeavors!
NSE:BANKNIFTY
by sacxe
#banknifty directions and levels for DEC 26th"Good morning, friends. Here are the directions for December 26th: The global market sentiment is moderately bearish, supported by the Dow Jones, while our local market sentiment shows a similar trend. It might open with a neutral to a gap-up start, as indicated by Giftnifty showing +45. If the market sustains the gap-up or consolidates, we can expect a range market to pull back for continuation. On the other hand, if the initial market declines sharply or the initial pullback is rejected around the immediate resistance, then we can expect a correction. In my opinion, we are experiencing a range market structure, which is a challenging aspect of trading. Therefore, if we witness a solid structure or minor consolidation, we can consider this for a trend continuation trade."
NSE:BANKNIFTY
by Manickamtraders
FASP levels for Bank Nifty 26/12/2023The FASP for BankNifty is listed for 26-12-2023. You can add this levels to your trade setup for better results. This should not be the only indicator but an additional tool to increase your winning possibilities. What is Fibolysis Anchor SupRes Points(FASP)? It is a unique level arrived by using Fibonacci Retracement , Fibonacci Extension , Standard Pivot levels under various Timeframes. It is an extensively analyzed level to draw the support and resistance levels for the next day. You can use these levels along with your trade setup to increase your winning odds. Validity of the levels: 1 Day How to use these levels? The three levels on both sides are usually easily achievable. The Targets above are bit difficult to achieve in a single trading session. I use this fact to write intraday positions and to buy options. Color Coding: Green is regular support and buying area, Red is strong exit area Disclaimer: This is shared in the interest of educational purpose and for knowledge enhancement. Kindly refer it in the same light. I am not responsible for any profits or loss incurred based on this information.
NSE:BANKNIFTY
by SathishChandrasekaran
Banknifty - Weekly Analysis & Prediction for 26 to 29th Dec 202Banknifty Prediction for Tuesday and Next Week BEARISH Trend & Strong Trending move is expected I have marked the support and resistance levels in the chart which you it yours and plot the levels on your chart. Also I have marked the direction which Im expecting next week and for tuesday. Demand and Supply Zones - When price breaks the zone, Demand zone will become Resistance and Supply zone will become Support. Refer the chart for detailed Intraday Support and Resistance levels. Happy Trading!!
NSE:BANKNIFTYShort
by ViVenTraders
BANKNIFTY Sideways prediction for tomorrow 26 Dec 23Banknifty has been facing resistance at 48000. according to the OI data, 48000 has PCR 0.33, which is very hard resistance to break. 47500 is the intermediate decision point from which it can fall or take support. Today, it was mostly New CE writing and PE roundoff, which shows a bearish trend is nearby. Also, an ascending triangle pattern is formed; if it breaks to the upside, then the trend will continue. But by the time it's inside the ascending triangle, its move is going to be sideways. Reasons: RSI = 40 decline, which means its weak bull power. An ascending triangle Pattern is being formed. EMA(200) < Price < EMA(13,50), which means 200 will provide support and 50 EMA upside will provide resistance, which will result in sideways. PCR = 0.93, which is mildly Bullish. Continued CE writing at higher levels shows bearishness. Verdict: Sideways in ascending triangle Plan of action: IRON condor with a range of 500 points.
NSE:BANKNIFTY
by finnova_
BankNifty levels - Dec 26, 2023Utilizing the support and resistance levels of BankNifty, along with the 5-minute timeframe candlesticks and VWAP, can enhance the precision of trade entries and exits on or near these levels. It is crucial to recognize that these levels are not static, and they undergo alterations as market dynamics evolve. The dashed lines on the chart indicate the reaction levels, serving as additional points of significance. Furthermore, take note of the response at the levels of the High, Low, and Close values from the day prior. We trust that this information proves valuable to you. * If you found the idea appealing, kindly tap the Boost icon located at the bottom right. We encourage you to share your thoughts and comments regarding it. Wishing you successful trading endeavors!
NSE:BANKNIFTY
by sacxe
#Banknifty directions and levels for DEC 22.#Banknifty "According to the wave structure, a subwave three seems to be in progress. Therefore, if the market opens with a gap-up, it's probable that the 3rd wave will likely continue. Once the 3rd wave completes around (SZ or 48389), the 4th wave might undergo a minor correction ranging from 23 to 38%. This correction is also applicable in the case of an initial market decline. This represents the basic structure. However, if the correction breaches the 38% Fibonacci level, it might extend to the 50 to 78% Fibonacci level."
NSE:BANKNIFTY
by Manickamtraders
FASP levels for Bank Nifty 22/12/2023The FASP for BankNifty is listed for 22-12-2023. You can add this levels to your trade setup for better results. This should not be the only indicator but an additional tool to increase your winning possibilities. What is Fibolysis Anchor SupRes Points(FASP)? It is a unique level arrived by using Fibonacci Retracement , Fibonacci Extension , Standard Pivot levels under various Timeframes. It is an extensively analyzed level to draw the support and resistance levels for the next day. You can use these levels along with your trade setup to increase your winning odds. Validity of the levels: 1 Day How to use these levels? The three levels on both sides are usually easily achievable. The Targets above are bit difficult to achieve in a single trading session. I use this fact to write intraday positions and to buy options. Color Coding: Green is regular support and buying area, Red is strong exit area Disclaimer: This is shared in the interest of educational purpose and for knowledge enhancement. Kindly refer it in the same light. I am not responsible for any profits or loss incurred based on this information.
NSE:BANKNIFTY
by SathishChandrasekaran