BankNifty weekly analysisWe can see that banknifty was trading in range between 47800 & 48650 in tha last week. Also, it was a mixed week in banknifty with a small up and downs.
Resistance level for Banknifty
Resistance 1 48650
Resistance 2 49000
Support level for Banknifty
Support 1 47800
Support 2 47050
Note: This is only for educational purposes. Please do your own analysis before entry.
Bankniftyweeklytradingidea
NiftyBank Weekly Aanlysis &Key Trading levels 26th-30th June2023NiftyBank Weekly Aanlysis &Key Trading levels 26th-30th June2023
Disclaimer:
I do not give any tips or buy sell recommendation I only teach trading strategies.
These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my view.
Please consult your Financial Advisor before making any trading decision
NiftyBank Weekly Key Trading Levels for 10th Apr 14th Apr 2023NiftyBank Weekly Key Trading Levels for 10th Apr 14th Apr 2023
Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my view.
Please consult your Financial Advisor before making any trading decision.
NiftyBank Key Trading Levels for 3rd April to 7th April 2023NiftyBank Key Trading Levels for 3rd April to 7th April 2023
Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my view.
Please consult your Financial Advisor before making any trading decision.
NiftyBank Futures Weekly Trading Levels for 27th March to 31st
NiftyBank Futures Weekly Trading Levels for 27th March to 31st
Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my view.
Please consult your Financial Advisor before making any trading decision.
NiftyBank Weekly Key Trading Levels for 20th march to 24th MarchNiftyBank Weekly Key Trading Levels for 20th march to 24th March 2023
Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my view.
Please consult your Financial Advisor before making any trading decision.
BankNifty-10/10/2022-15/10/2022-LevelsHello 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 Trading
Rules to fallow...
1) Trade with Strict Stop Loss.
2) Trade with Small Quantity.
3) Take entries based on Support & Resistance Levels.
Please take the trade according to the levels marked, with Risk-Reward.
This is not a Buy or Sell recommendation to anyone.
Take entries after your own analysis.
This is for education purpose and a helping hand to learn trading in market.
NOTE: Trade with Strict Stop Loss. It may or may not hit all levels. So one can book profit / loss at respective level considering how price action works near that level.
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SHORT FORM &FULL FORM
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PDH-> Previous Day High
PDL-> Previous Day Low
PDC-> Previous Day Close
PDO-> Previous Day Open
PWH-> Previous Week High
PWO-> Previous Week Open
PWC-> Previous Week Close
PWL-> Previous Week Low
IMP -> Important
R@1, R@2,R@3... ->Resistance-Zones
S@1, S@2,S@3... ->Support-Zones
MS -> Major Support
SH -> Swing-High
SL -> Swing-Low
DT -> Double Top
DB -> Double Bottom
TT -> Triple Top
TB -> Triple Bottom
TF -> Time Frame
BO -> Break-Out
RR -> Risk-Reward
SL -> Stop-Loss
GAP -> The area b/w Previous Day Close and Today Open
Blue Color Text(S@*,R@*)-> Act as Major Support or Resistance-Zones(Be Alert, Chances to Market take Reversals )