Flip zone: : This zone is such a zone which will work as resistance if price is below it. And it will work as support if price is trading above it. Resistance zone: This zone will mainly work as resistance. Once price sustain above it then it is considered as breakout. Support zone: This zone will mainly work as support. Once price sustain below it then it...
The FASP for BankNifty is listed for 11-04-2023. 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...
BankNifty Trading Levels For Tomorrow’s Trading Session Resistance 41650-41700 Towards Target of 42000 With SL of 41600 Support 41450-41400 Towards Target of 41200 With SL of 41500
NSE:BANKNIFTY held out to a perfect trend continuation from yesterday. If we notice closely the pull backs were not strong enough to break the momentum. I sincerely thought we will have a reversal or a bearish day today and had taken PE debit spreads to capitalize. If we analyze today's pattern closely NSE:BANKNIFTY took some time to take out the 41455...
NSE:BANKNIFTY BANKNIFTY can give next big targets above 41278 level break, wait for level break and retest entry method before going long above 41278 level.
NSE:BANKNIFTY hello people, The BankNifty index is currently facing resistance in the 41250 -41350 zone, which suggests that we may see a minor dip around that area. Buying in a current market price will be risky and We can wait for price to pullback or consolidate a bit.
The Banknifty index has been demonstrating an upward trend on a daily basis, although at Damis Investments, we anticipate a potential short-term decline. This is attributed to the fact that the current momentum appears to be primarily driven by news rather than sound market fundamentals. As a means of substantiating our bearish stance, we would like to present you...
Banknifty had a mega pre-open boost by NSE:KOTAKBANK , it was up 5% by 09.10 which indicated the bears will get their bones crushed today. Contrary to the popular belief, Kotak bank has the 3rd most weightage to bank nifty above SBIN and NSE:AXISBANK even though kotak has lower net interest income. And today's 5% gap up due to the MSCI news spelled real...
"Trading day, April 11th: The global market indicates a neutral to slightly positive start, with the market nature being moderately bullish. If the initial market breaks yesterday's high, we can expect a rally continuation. On the other hand, if the initial market declines sharply, structurally, we can expect a long correction."
Hello Traders, Welcome to SriTrader5121 ____________________________________ BankNifty-11/04/2023-Levels IMPORTENT ZONE FOR THE DAY : 40869 - 40885 Possibilities of Today market open... Possibility 1: FLAT If market open as a FLAT and moves to UP - SIDE then BUY with the Support of IMP and SELL with the Rejection of IMP. (or) If market open as a FLAT...
BankNifty Trading Levels For Tomorrow’s Trading Session Resistance 41250-41300 Towards Target of 41500 With SL of 41200 Support 40750-40700 Towards Target of 40550 With SL of 40750
Bank Nifty Tomorrow: Bank Nifty aligned with Negative/Bearish Sentiment and made a BIG Red candle in Daily TF which indicates short term BEARISH Trend Reversal, however it depends on the close tomorrow. Tomorrow Bank Nifty likely to Open Flat / Small gap down, if any pull back to 41000 Supply zone is the Sell Entry point for 40600 & 40400 Lower...
Looking like the index is going for HnS, keep in radar.
Expectations: Volatile day Intraday Levels: Buy Above - 41300 Sell Below - 40930 To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
Upside momentum slow down . 2 things happen:- - Below 40800 close down . BNF fall down. target- 40200 - 40250 - Consolidation Range bwtween 40800 - 41300 then breakout. Ready for upside. ( consolidation near trendline shows seller weak ).
BankNifty Trading Levels For Tomorrow’s Trading Session Resistance 41250-41300 Towards Target of 41500 With SL of 41200 Support 40850-40800 Towards Target of 40550 With SL of 40900
BNF might be correct to 39420 after HDFCBANK become weak.
Banknifty Tomorrow, Being expiry day and Market Holiday on Friday my view is towards BEARISH (After a sharp rally we can expect some sort of Profit booking / Call Unwinding / PUT short Covering Fall tomorrow) Demand and Supply Zones - When price breaks the zones, Demand zone will become Resistance and Resistance zone will become Support. Refer the chart for...