The price opening above, between and below the lines marked in red, blue and green usually set pace for the structure of the day. The lines in dash are untouched areas by price which may get filled depending upon the price action and place of opening. Just observe in lower time frame like 5 min and 3 mins. Observe price action and where there can be a potential...
BankNifty has formed bearish price action, be cautious on buying particularly for tomorrow. Expectations: Volatile Day Intraday Levels: Buy Above - 45230 Sell Below - 44870 To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
Banknifty has formed a doji and has closed almost flat. Whole day market remained volatile and during second half respected the support zone of 44850-900. The market on the hourly time frame, took resistance from the 20 ema and closed below it. Banknifty was weak and tested 44700 levels. Though, it was not trending and took the SL of the option buyers. On 15...
Utilizing 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...
Observations: 1.price opened in a demand zone and failed to take the price up wards... 2.The hidden demand zone acts as support and price moves up... 3.Yesterday's demand zone resist the price to go up....and price falls back... 4.while breaking the demand zone price, leaves a bearish gap and continue its fall till the hidden demand zone... 5.Bullish gap is still...
Today will be gap Down opening in BANKNIFTY . After opening if banknifty start trading below 44950 level then possible upside rally of 400-500 points upto 44550 Level. And this rally can extend for another 400 points if it gives breakdow of 44450 level. Any Major upside only expected in case banknifty starts trading Above 45050 level.
"Good morning! As of July 10th, the global market is showing a negative start with moderately bearish market sentiment. It might open with a gap-down. If it breaks the immediate support zone after the opening, we can expect the correction to continue. On the other hand, if the initial market experiences a sharp pullback, we can expect a minimum of 38% to 61% Fib...
in my view, Bnaknifty looks suitable for short poison. If it makes any Price action for the long side I will trade with a small lot size, I am looking for short-side poison but still, wait for any price action
Bank Nifty Monday Prediction. Bank Nifty is on an important level of 44884, which a 38% of FIBONACCI Level Possible next Target are 50% - 61% 50% - 44595 61% - 44345
The FASP for BankNifty is listed for 10-07-2023. 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...
The price opening above, between and below the lines marked in red, blue and green usually set pace for the structure of the day. The lines in dash are untouched areas by price which may get filled depending upon the price action and place of opening. Just observe in lower time frame like 5 min and 3 mins. Observe price action and where there can be a potential...
Banknifty in the last trading session has started trading below 45000 levels and closed below it. It has formed a gravestone doji on the weekly charts and broke the recent support level around 45050 levels. Market consolidated on the higher levels and has given a break down. If the market are there for a healthy retracement, it will reverse after testing...
Banknifty was diverging with Nifty50 early in the day. When N50 was rallying till 10AM, BN was just holding ground unable to go up. The fall that followed was when both of them had correlation. BN was showing weakness yesterday also, esp in the 14.05 to 15.10 move yesterday. Today BN after opening gap down could not even climb back to yesterday's close level. 3...
BankNifty Important intraday levels to watch for 07-07-2023 #Support: 45250. Short if candle closes below 45250 #resistance: 45420. Long if candle closes above 45420 #Targets on downside after break of support. Target 1= 45000 Target 2= 44720 #Targets on upside after break of resistance. Target 1= 45648 Target 2= 45750 Follow us for more such information...
Utilizing 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...
The price opening above, between and below the lines marked in red, blue and green usually set pace for the structure of the day. The lines in dash are untouched areas by price which may get filled depending upon the price action and place of opening. Just observe in lower time frame like 5 min and 3 mins. Observe price action and where there can be a potential...
"Good morning! As of July 7th, there is no significant difference compared to the last session. the global market is showing negative stats with moderately bullish market sentiment. It might open with a gap-down. After that, if it takes support around the 38% fib support zone, we can expect a range-bound market to rally continuation. On the other hand, if it...
Weekly Analysis BankNifty Between the last expiry & today, banknifty has gained 923pts ~ 2.08%. The rally not as neat as Nifty50 but more than enough to get the job done. Remember BN hit a new ATH this week. Today's Analysis BankNifty did not follow N50 initially, for a noticeable time BN was hinting at a sideways move. HDFCBk started the day in red, ICICI &...