Bank Nifty Weekly Analysis and Intraday Level for 13th Mar Banknifty also looks still BEARISH, it is likely to trade between 39994 - 41324 this week (13th to 17th Mar). There is a strong support level 40212 zone where reversal can be expected and If sustains above 40759 / 40833 we can expect 41200 will be tested. Any close below 40212 will leads to 39994 and...
Bank Nifty Weekly Analysis: When comparing with Nifty, Banknifty looks Bullish for short term however I could see strong resistance at 42000 level. My view this week is Bank Nifty will test 42000 and then it will take reversal downside and may trade in range between 42000 & 39500. If any close above 42000 - we can see 42700 will be tested. I will look to BUY...
Bank Nifty Coming Week - Average move is expected. Trading Range between 41780 & 40683, Nifty looks still bullish but BNf shows weakness and we have strong support at 40700 level from here we can expect upmove in Banknifty. If incase any weakness and closes below 40650, we would see 40500 & 40000 which will be tested. Tomorrow (Monday) - BEARISH with Negative...
Bank Nifty closed on Friday with Positive note, but still the Major trend what I see is BEARISH in both Nifty and BNf. Expectation : BEARISH / Negative Sentiment - We have kind of narrow Weekly CPR in Banknifty for Next week. So its going to be trending week and We have wide Resistance zone at 4300 - 42900 where we can expect reversal towards Down side. On the...
In the video I have shared weekly analysis of banknifty. Important support is placed on weekly chart is 42000 Near future resistance is placed at 44000 Breaking above 44000 will lead fresh gain for minimum 2000 points
I have share banknifty weekly analysis for coming week Go through the video till last for better understanding
Bank Nifty Weekly analysis for Nov 4th Week.. Expecting Moderately trending week - Good opportunity for Option Buyers to go long and take positional/Swing trades. Until Bank Nifty sustains above 42300, this week we can expect 43050 will be tested. We have strong Buyers zone at 42300 level. BULLISH view as of now..!! Incase 42200 is compromised 41900 will be the...
Hello Traders, Welcome to SriTrader5121 BankNifty-10/10/2022-15/10/2022-Levels Possibility 1: It will works if market in uptrend and makes higher-highs. Possibility 2: It will works if market in down trend and makes lower-lows. Possibility 3: It will works if market in silent mode means range bound market(side ways). _______________________ Happy Learning and...
Banknifty Weekly Analysis, Global cues are negative and SGX indicates Big Gap down more than 100 Points in Nifty on Monday. Banknifty likely to Open at 39300 or below, 39250 is going to be the Strong Support level. If any Strong Buying momentum seen on the opening we can expect BULL run in Banknifty . If any weakness Support zone gets broken then Banknifty might...
Banknifty Nov is trading between falling wedge lookout for Breakout As I always recommend Our Entry and Exit levels are our Targets and also linear levels are support & resistance kindly use them as Entry & Exit Level Buy Above – 39600 TGT-1 39700 TGT-2 39000 TGT-3 40200 TGT-4 40600 TGT-5 40800 Max(40050-40600) Sell Below - 39350 TGT-1 39150 TGT-2 39000 TGT-3...
Following trade is for educational purposes only. An Iron Condor is an option strategy, where the expected outcome for next week is range-bound. A CE option mentioned below is a European Call Option, while a PE option is a European Put. A hedger always buys these options and a speculator mostly sells one. But when the speculator only sells these options, the...
Hello All, Based on my analysis , I see bank nifty at very crucial juncture mostly bullish. Important level to watch for bank nifty in coming week is 35800. This is the breakout structure . FII data is bit on the bearish side so may be Monday we can see a Dip possibly. For more updates and technical understanding in case of any queries DM me