NSE:BANKNIFTY BANKNIFTY can give next big targets above 41278 level break, wait for level break and retest entry method before going long above 41278 level.
NSE:BANKNIFTY BANKNIFTY is currently moving sideway, can try for short positions near/at resistance area if we get negative candle near/at resistance area on 15/30 min time frame, can try to hold till today's support, if banknifty seems bearish at support ,then we can give it a shot to achieve target zone.
Banknifty view for coming days. as per Saturdays closing of SGX nifty it indicates that market is going to open lower for Monday. if it sustain at that level then there is possibility of bank nifty going upward is high.
NSE:BANKNIFTY BANKNIFTY gave closing just below the important resistance area and is very likely to open negative/gap down, in that case bnf can touch the fresh support created on friday try to retest last resistance of 39991/39999, if broken bnf can touch first target of 40152/40250, but bnf breaks fresh support /opens below it then we can achieve downside...
After analyzing the BANKNIFTY chart on the 15-minute time frame, it appears that there is a noticeable bearish sentiment in the market. This is indicated by the current dominance of sellers, which suggests a potential downtrend in the short term. As such, it may be wise to consider a short entry position at 39190. This would involve selling BANKNIFTY at the...
On Friday, the 17th of March 2023, the BANKNIFTY showed a strong close, indicating positive market sentiment and bullish momentum. To capitalize on this momentum, traders can consider taking a long position with a target of 40800 and a stoploss at 38900. The support levels for the index are currently at 39500-39700 range, which suggests that the index has...
NSE:BANKNIFTY BANKNFTY hits the strong daily support and manages to recover few 100 points again, bnf max bounce can be expected till resistance 2 area before coming down again, once we brake the strong support zone we can expect to hit target 1 in one go and target 2 can be achieved by next day, be carefull and dont chase the market, trade at the zonez with...
NSE:BANKNIFTY BANK NIFTY stands at the daily demand zone which has been tested multiple times and can break under current selling pressure, if we get a 15miin/1hr candle close beloe 39400, we can see immdiate target of 38900/38800 level tomorrow or by expiry. newest fresh resistans comes at 40001/40147 which can be retested if bnf tries to move up and from there...
BANK NIFTY NSE:BANKNIFTY BANKnifty should giva a nice fall below 40301 , first immidiate target can be 40074 and below that 39800/39700 level can be tested quickly. fresh resistance will be 40690/40605 , may be retested before going down further,
levels for tomorrow based on fresh and previously important support resistance areas, - please wait for candle close on levels for retest/breaking of the level for next direction. NSE:BANKNIFTY
i can see two opportunity in bnf 1) above 44444 i can see 54444 - 56444 2) below 38888 i can see 32333 lets see whichever side break.
NSE:BANKNIFTY levels for tomorrow based on fresh and previously important support resistance areas, - please wait for candle close on levels for retest/breaking of the level for next direction.
NSE:BANKNIFTY levels for tomorrow based on fresh and previously important support resistance areas, - please wait for candle close on levels for retest/breaking of the level for next direction.
NSE:BANKNIFTY has broken the inverted triangle downside and has easily achieved the first target of 41162 today, currently treding below previous support and possible to open below today's day low with gap down and race towards 2nd target and further fall till 41600/41500 range
market took support from yesterdays level. market went up and then corrected from high.
this is my first calculation as per the Trading view Elliot wave inbuilt indicator. Wave 5 is depicted as per Indicator. 9:15 hrs on 4jan-23 Wave5- Wave (a) took 19 bars; 6x3 Wave(a) to Wave (b) took 3 bars --- Perfect Match' (1x3) a-b is multiplier of entire fall pattern Wave (b)- Wave(c) takes 4 times of 3 =12 Hence, the entire fall takes around...
I try to keep posting reversal zones from now for few scripts
sl 43066 trgt 44000 ..................................................................................................................................................