BANKNIFTY UPCOMING SCENARIO EXPLAINED
SCENARIO 1- FOR UPPER RESISTANCE BREAKOUT
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SCENARIO 2- TESTING UPPER RESISTANCE AND THEN BACK TO DOWNTREND
Looks like all the bad news is priced in regarding BFSI, Moratorium, Covid at the 280 levels.
Pro otters reluctantly sold the 20% stake at 315 to FII's.
Long at the 285 levels.
I hope you can now see how BANKNIFTY represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor.
Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis .
Disclaimer: It should not be assumed that...
RBL BANK, is showing a bullish momentum till now
BUY at arrow and SELL as it touches the upper trend line, if it crosses the trend-line then wait you could have more profits to come dont sell till 230/- clear cut it level, why 230/- levels because RBL BANK too much sold by the BIG PLAYERS in the market but it also seems that they are again get interest in this...
Key Levels for BANK NIFTY : INTRADAY CHART ANALYSIS
UPPER BREAKOUT~20324
FIRST TARGET~20491
INTERIM RESISTANCE~20645
FINAL RESISTANCE~20800
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LOWER BREAKOUT~20099
FIRST TARGET~19950
INTERIM SUPPORT~19756
FINAL SUPPORT~19568
My views are for educational purposes only.
Please trade with caution and consult your financial adviser before trading.
Key Levels for BANK NIFTY : INTRADAY CHART ANALYSIS
UPPER BREAKOUT~20465
FIRST TARGET~20625
INTERIM RESISTANCE~20762
FINAL RESISTANCE~20911
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LOWER BREAKOUT~20133
FIRST TARGET~20007
INTERIM SUPPORT~19859
FINAL SUPPORT~19733
My views are for educational purposes only.
Please trade with caution and consult your financial adviser before trading.
Key Levels for BANK NIFTY : INTRADAY CHART ANALYSIS
UPPER BREAKOUT~20015
FIRST TARGET~20120
INTERIM RESISTANCE~20222
FINAL RESISTANCE~20336
LOWER BREAKOUT~19802
FIRST TARGET~19641
INTERIM SUPPORT~19494
FINAL SUPPORT~19347
My views are for educational purposes only.
Please trade with caution and consult your financial adviser before trading.
Key Levels for HDFCBANK : INTRADAY CHART ANALYSIS
UPPER BREAKOUT~959.15
FIRST TARGET~964.80
INTERIM RESISTANCE~971.80
FINAL RESISTANCE~978.15
LOWER BREAKOUT~943
FIRST TARGET~937.40
INTERIM SUPPORT~931.80
FINAL SUPPORT~926.20
My views are for educational purposes only.
Please trade with caution and consult your financial adviser before trading.
Key Levels for BANK NIFTY : INTRADAY CHART ANALYSIS
UPPER BREAKOUT~20651
FIRST TARGET~20843
INTERIM RESISTANCE~21005
FINAL RESISTANCE~21182
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LOWER BREAKOUT~20295
FIRST TARGET~20116
INTERIM SUPPORT~19952
FINAL SUPPORT~19773
My views are for educational purposes only.
Please trade with caution and consult your financial adviser before trading.
Key Levels for SBIN : INTRADAY CHART ANALYSIS
UPPER BREAKOUT~178.40
FIRST TARGET~180.40
INTERIM RESISTANCE~182.20
FINAL RESISTANCE~184.15
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LOWER BREAKOUT~175.40
FIRST TARGET~172.90
INTERIM SUPPORT~171.10
FINAL SUPPORT~168.75
My views are for educational purposes only.
Please trade with caution and consult your financial adviser before trading.
Key Levels for HDFCBANK : INTRADAY CHART ANALYSIS
UPPER BREAKOUT~975.50
FIRST TARGET~984.60
INTERIM RESISTANCE~992.30
FINAL RESISTANCE~1000.65
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LOWER BREAKOUT~958.70
FIRST TARGET~949.60
INTERIM SUPPORT~941.90
FINAL SUPPORT~933.50
My views are for educational purposes only.
Please trade with caution and consult your financial adviser...
Key Levels for HDFC BANK : INTRADAY CHART ANALYSIS
UPPER BREAKOUT~999.75
FIRST TARGET~1009.30
INTERIM RESISTANCE~1019.55
FINAL RESISTANCE~1028.40
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LOWER BREAKOUT~984.10
FIRST TARGET~976.60
INTERIM SUPPORT~970.90
FINAL SUPPORT~965.35
My views are for educational purposes only.
Please trade with caution and consult your financial...
Key Levels for BANK NIFTY : INTRADAY CHART ANALYSIS EXPIRY
UPPER BREAKOUT~21325
FIRST TARGET~21476
INTERIM RESISTANCE~21613
FINAL RESISTANCE~21781
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LOWER BREAKOUT~21142
FIRST TARGET~21014
INTERIM SUPPORT~20887
FINAL SUPPORT~20716
My views are for educational purposes only.
Please trade with caution and consult your financial adviser...
Key Levels for BANK NIFTY : INTRADAY CHART ANALYSIS
UPPER BREAKOUT~20858
FIRST TARGET~21114
INTERIM RESISTANCE~21341
FINAL RESISTANCE~21568
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LOWER BREAKOUT~20322
FIRST TARGET~20144
INTERIM SUPPORT~19979
FINAL SUPPORT~19766
My views are for educational purposes only.
Please trade with caution and consult your financial adviser before trading.
Key Levels for BANK NIFTY : INTRADAY CHART ANALYSIS
UPPER BREAKOUT~21327
FIRST TARGET~21449
INTERIM RESISTANCE~21568
FINAL RESISTANCE~21758
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LOWER BREAKOUT~21152
FIRST TARGET~21040
INTERIM SUPPORT~20914
FINAL SUPPORT~20757
My views are for educational purposes only.
Please trade with caution and consult your financial adviser before trading.
Key Levels for ICICI BANK : INTRADAY CHART ANALYSIS
UPPER BREAKOUT~362.65
FIRST TARGET~365.90
INTERIM RESISTANCE~369.80
FINAL RESISTANCE~374.05
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LOWER BREAKOUT~354.20
FIRST TARGET~350.95
INTERIM SUPPORT~347.90
FINAL SUPPORT~343.50
My views are for educational purposes only.
Please trade with caution and consult your financial adviser...
Key Levels for HDFC BANK : INTRADAY CHART ANALYSIS
UPPER BREAKOUT~1048
FIRST TARGET~1061
INTERIM RESISTANCE~1071
FINAL RESISTANCE~1083
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LOWER BREAKOUT~1033
FIRST TARGET~1026
INTERIM SUPPORT~1019
FINAL SUPPORT~1013
My views are for educational purposes only.
Please trade with caution and consult your financial adviser before trading.
