BankNifty Future Analysis for Today 6th June 2023
As per our #analysis for #BankNiftyFuture, we are expecting these Intraday levels today, kindly check the charts on 15 min time frame and act accordingly.
#IntradayLevels
Disclaimer: All the provided levels are for #educational purpose only, please do your own analysis before doing any trade in the live market...
looking long in banknifty if price not gap down to my order --- if it gap down then i will cancel my order-- check pre opening market before taking trade
Market is in side way, which is also expect being at ATH breakout
For intraday scalp trade would be advisable, big momentum is only possible out the range
SBI has changed its character from Bullish to Bearish after breaking levels and closing below 516.25.
I will look for sell at the zones marked and wait for the target in upcoming days. Small SL is a must and target is big.
Siemens making a clear retail bullish pattern of upside channel which is a clear trap for buyers.
Sell levels and targets for coming days has been analysed based on the bearish view on an hourly TF.
On a Daily TF Siemens is still bullish and can be bought near buy zone level marked in chart.
Now currently the doller is very importan level, this chart is Doller inverted chart.
Year 1989, 1999, and 2016 multiple time this level is veryimportant resistant level, in the current market secnerio if the rate hike it is possible to breakout of doller price
In higher the doller price not good for emerging market like India
the price action show...
I donot see a trending market on 6th june as banknifty is stuck between range of 44250 and 43900, its is always better to avoid trading these days when we donot have clarity about whats going to happen next.
A positive day for sure +0.37% close, but the trading action did not show positivity. The gap up opening might have been result of a 1.45% gain on SPX on Friday.
We started building on the gap-up today and it seemed like we will be having an outperformance just like SPX. At least that was what the price action told us till 11.25. When I monitored the options...
India's Equitas Small Finance Bank Partners With Gujarat Titans(Defending champions) For Tata IPL 2023 and IPL One of the most popular lucrative cricket tournaments, attracting millions of viewers and generating billions of dollars in revenue to start from March 31st will be helping Equitas Small Finance Bank in the following ways:
1. Increased brand visibility :...
if banknifty breaks the trendline rejection possibility of reaching 447111 today. wait for first 5 mins candle before jumping into trade.
Buy above 44188, Target 44299, 44444,44577
sell below 43833 target 43737,43377
As per SGX nifty nifty will open gapup and looks strong buy. i would suggest wait for first 5 mins candle if it's green then go for buy.
Buy above 18577 Target 18606, 18633,18650,18677,18708
Sell below 18466, Target 18438
