Monthly Analysis In this monthly series NSE:BANKNIFTY has moved up 2958pts ~ 7.40%. By any standards that is really superb. It has taken out 7 crucial resistances in the process and is now exactly at the 8th resistance point. This outperformance is cementing India's growth story to the global financial markets. Everywhere else the news of bank collapse, credit...
"Trading day, April 27th, the global market is indicating a neutral to slightly negative start, with a moderately bullish market sentiment. If the initial market experiences a sharp pullback, we can expect a continuation of the rally. Alternatively, if the initial market consolidates, a diagonal pattern may emerge. However, if the market structurally breaks...
Nifty 15 mins indicating M pattern or double top pattern Buy above 42875, Target 42992,43144 Sell below 42809, Target 42715,42673,72578,42441,41900
NSE:BANKNIFTY We Can see that Banknifty is making double top formation in 15 min time frame looking good for short at 42700 level in banknifty SL - 42800 - 850 Target - 42300,42100
Cannot share 5 min data directly as Trading view does not allow less than 15 min. As per my setup 5 min CCI is right on the support with price action near the demand area, I have gone long with SL of 40-50 points Risk and Reward of 300+ points. No rush to chase any trade but let the trade find you. WAIT & HUNT. There is no shame if SL is triggered will keep updating.
BankNifty Trading Levels For Tomorrow’s Trading Session Resistance42850-42870 Towards Target of 43070 With SL of 42800 Support 42700-42650 Towards Target of 42450 With SL of 42750
entry: 42200 target: 42500 stoploss: 41900 . . . more probability for bullish.. reload chart for clear view
42990- 43072 Strong Resistance zone. 15 min chart - closing below 42600 .Go for short.(intraday) Daily chart - closing below 42600 . 1st target - 42389, 2nd target - 42050.(long term view)
The FASP for BankNifty is listed for 26-04-2023. 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...
For traders who are playing NSE:BANKNIFTY expiries on Thursdays can play the same trades on FinNifty on Tuesdays. The margin requirements are lower and now since the option premiums are staying low - the ROI in finnifty is better than banknifty. Today was a flat day, open was at 42731 and then it was struggling to keep the momentum up. We had a gradual rise...
BankNifty Trading Levels For Tomorrow’s Trading Session Resistance42850-42870 Towards Target of 43070 With SL of 42800 Support 42570-42550 Towards Target of 42330 With SL of 42650
Buy Above 42684 (BANK NIFTY 42600 CE) Target 42825,42897,42985 Sell Below 42603 (BANK NIFTY 42700 PE) Target 42509,42411,42273,42149
NSE:BANKNIFTY so far bank nifty has been trying to move over the previous weekly seell zone which spreads from 42500 to 42700 area , if bnf somehow manages to push through 42500 then we can see move till 42600/700 levels zone marked, above that we might be able to see 43000 level targets with a fast or slow and steady upward moves , with major time frames still...
BANKNIFTY opened gapup & took support of zone we marked on chart. after giving good up move its stop at daily resistance mark on chart. Dot to dot point No next it should take 15 min swing support mentioned on chart for further up move. Lets watch candle stick patter & follow price actions. I have given my personal view on this video for Nifty & Bank...
NSE:BANKNIFTY Bullish flag for SL and target lines are given in analysis. Thankyou
"Today, April 25th, the global market indicates a slightly positive start, with a moderately bullish market sentiment. The market may open neutral or gap-up. If the gap-up sustains, we can expect a continuation of the pullback. However, if the initial market decline occurs, we can expect a correction."
By 09.15 around 90% of traders would have guessed how NSE:BANKNIFTY is going to trade today. Thats because NSE:ICICIBANK had an excellent quarterly results to boast for. The predictability of banknifty is, one leading bank is enough to pull up the sentiment of others. Same on the downside as well. Opening was gap up at 42469, and it took a while before it...
Hello & Welcome, this is nifty & Bank nifty analysis video based on yesterday's video of Nifty & BankNifty. Watch levels we study yesterday & check price action today. I have given my personal view on this video for Nifty & Bank Nifty. Like, Share, Comment for regular updates. Disclaimer I am not sebi registered analyst My studies are Educational purpose...