It would be very interesting to observe what happens when 1. Price opens within the range marked of Red, Blue and Green Lines. 2. Price opens below / above the range but within the range of the previous day 3. When there is a Gap up and Gap down opening. If You are studying the charts in lower Time frames and observing price action, Let me know in comments your...
Aready three times rejected from 44000 levels , as you can see a big pattern support downside, if banknifty breaks down this support then it may easily 43300. upside trend is still pretty much at distance , if price goes above 43779 , then it may face powerful resisdtance , follow C2C asap asnd trail SL, do not leave open position without SL to upside trades.,
Banknifty Prediction for Tomorrow: BULLISH Reversal BNF likely to open small gap down, and further bearish move can be expected until 43400-43300 level. 43300 is where might expect strong BULLISH reversal towards 44000 & 44500 this week. Demand and Supply Zones - When price breaks the zone, Demand zone will become Resistance and Supply zone will become...
Banknifty making 4 different pattern at same time 1. Flag pattern 2. Rectangle pattern 3. Parallel channel 4. NR7 (narrow range) Everyone is waiting for breakout or breakdown in banknifty. Now wait & watch in banknifty for big & fast move upper level - 44511 lower Level - 45322. Trade with stop loss thanks
Nifty Bank nifty Trade setup bank nifty Support -43875 Support -43200 42800 trend negative any gap down should have follow up in bank nifty
Bank Nifty is moving down side, if it break the support levels then it will take a dip and give a rally on up side, take a look on levels, this is only for educational purpose , this is my personal view only for paper trade , please share your views in comments section
BANKNIFTY 44,100 becomes a crucial swing high for coming days as after multiple attempts , price is failing to cross this level . Expecting price to test the support level once again before any attempts to go up. Follow @piyushrawtani for more ! Cheers!
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...
Banknifty moving in parallel channel upward from 40000 levels now moving downward or in range from 44500 levels. Will Bank Nifty still move in parallel channel or it break it's trend?? Let's wait & watch & Trade with stop loss. Thanks
"Good morning! As of June 23rd, there is no significant difference compared to the last session. The global market is showing a neutral to slightly negative start with moderately bullish market sentiment. There is a possibility of a slight gap-down opening. If the market experiences a pullback afterward, we can expect a minor pullback reaching anywhere between 38%...
Expectations: Volatile Day Intraday Levels: Buy Above - 43950 Sell Below - 43700 To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
Weekly Analysis of BankNifty Banknifty is up 259pts between 15th to 22nd June i.e. current expiry week. Interestingly, BN was looking at steeper cuts on 15th - the price action was pretty negative. Luckily that level is still sacrosanct and has formed an interim support as we had one more retest @ 20th June. Today's Analysis The major anomaly that stands out in...
It would be very interesting to observe what happens when 1. Price opens within the range marked of Red, Blue and Green Lines. 2. Price opens below / above the range but within the range of the previous day 3. When there is a Gap up and Gap down opening. If You are studying the charts in lower Time frames and observing price action, Let me know in comments your...
It would be very interesting to observe what happens when 1. Price opens within the range marked of Red, Blue and Green Lines. 2. Price opens below / above the range but within the range of the previous day 3. When there is a Gap up and Gap down opening. If You are studying the charts in lower Time frames and observing price action, Let me know in comments your...
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...
Banknifty is heading toward ATH once again structure is bullish the more time it spend near to it, resistance will be weaker we can see new ATM in coming days Buy on dip should be the good trade idea.
As per my setup BN is on its resistance on 15 min. I have used FIB retrace for target & SL which are mention on chart. This is a positional trade thus I have also carried a CE OTM in case if there is any gapup or change in direction which could simply hedge my position or reduce my loss. If I end in profit I still would just pay for the premium for CE.
"Good morning! As of June 22nd, there is no significant difference compared to the last session. The global market is showing a neutral to slightly negative start with moderately bullish market sentiment. It is possible that the market might open slightly gap-down. After that, if it experiences a pullback, we can expect a continuation of the rally with minor...