Bank Nifty is trading at support around 47750 zone. Considering the trading holiday on Wednesday 17/04/2024. BNF expiry will be tomorrow. BNF is now in a support zone of 47750 if broken we can expect a fall till the below two support zones Support 1 47750 Support 2 47400 If BNF moved in a uptrend, considering the globe cues take...
This is my study and not any kind of trade recommendation. Undoubtedly BNF is positive, above all moving averages. As per indicators - it is clear buy - looking at the trend from the past few weeks and especially the speed it reached current levels after recent Election results. Trendline on Weekly time frame - OCT-2022 top to now, we see - there is some...
NSE:BANKNIFTY bank nifty can give a down move till market 2 zones below todays day low, keep eye and analys the move according to price action created at the zones marked.
NSE:BANKNIFTY bank nifty buy zell zone movement based prediction, above 44700 bnf can hit the targets market above 44700 and below 44450 we may see 44200/44160 or 44000 zone being retested, be carefull and warch the price action being formed at the buy/sell zones and plan your trades accordingly. PS- BEST TIMEFRAME FOR THESE ZONES ARE 15 MIN OR 30 MINS ONLY.
NSE:BANKNIFTY BANK NIFTY can rally towards 44200 zone if it breaks and sustains above 43920 sell zone, currently trading above the fresh buy zone of 43481/43418 and below the sell zone of 43716/43664. above 43716 we can trail for the target o 44200 unless bank nifty breaks below the buy zone of 43400 , then we might have to see sideways sessions on daily timeframe .
NSE:BANKNIFTY Important buy/sell zones prediction of bnf for intraday tomorrow, trade the zones only if you know how to read price action and how zones break/retest works.
The Banknifty recently completed a consolidation phase, forming what appears to be a bullish pennant pattern on the price chart. However, it's important to note that the presence of this pattern alone doesn't guarantee an upward price movement. It is crucial to consider that the market may experience a price correction around the 44730-44750 range, which is a...
NSE:BANKNIFTY intraday levels based on buy/sell zones. best result will be to watch on 15/30 min time frame with candle close confirmation method to trade the zones as support/resistance.
NSE:BANKNIFTY BNF important levels for tomorrow ,carefully analys the candle action at the zones before getting into any trade.
BNF may hit the new high in couple of trading session.
Banknifty has taken upper Trendline resistance of Swing highs and can be a shorting opportunity with small risk. And India VIX being too low, there is less chances for market to go up
1. BNF is forming triple top pattern on daily and hourly chart, this can correct till 42200 for further up move. 2. Motive Wave (12345) of Elliot Wave is almost complete, the corrective wave ABC is pending 3. RSI divergence exists at daily chart. 4. If BNF fails to break 44500 decisively, BNF can correct till 42200, so trade with caution Disclaimer - The...
NSE:BANKNIFTY1! BANKNIFTY has been bouncing off of current buy/spport zone, if we get a breakdown of current support zone then we can expect a down move till target 3 .
Trade idea: To short at the opening levels even though it was gap down Target: not fixed Execution: Failed
Trade idea: Shorting 43300 level around 9.32 am Target: 43250 level Execution: success
NSE:BANKNIFTY if #bank nifty closes 1 15 min candle above 42865 and next candle takes support og 42865/42848 zone and starts moving upside, then we might hit 43000 zone tomorrow.
NSE:BANKNIFTY bank nifty can touch 41750 range if breaks 42015 support zone, can try to short from highs of today for 42015 and 41750 zone , 42015 zone is current support zone and today's highs are fresh+previous import resistance zone. trade light, manage your risks and reap the profits.
NSE:BANKNIFTY BANK NIFTY TARGETS for tomorrow based on important fresh/untested resistance and support zones.