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...
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
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 intraday targets for bank nifty tomorrow 17th feb based of fresh support resistance levels cretated today and yesterday on 1 hour time frame.
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
NSE:BANKNIFTY has formed inverted triangle pattern below previous major support which is now acting as a strong resistance and stopping bnf from moving upside ,bnf should be ready for a major correction as it has created the pattern while testing all the fresh support and now there is nothing to stop the fall, but in case if bnf manages to break the pattern...
BANKNIFTY is on the way to form "M" Pattern Price Action on 1 Day TF. Any Breakout on "Upside" or "Downside" will give a decisive price action.
NSE:BANKNIFTY important target levels on both sides for tomorrow's expiry day.
NSE:BANKNIFTY currently travelling through parallel channel, might continue going upwards till channel is broken.
NSE:BANKNIFTY downtrend prediction with analysis based on support/resistence levels and demand /supply zones, so far #banknifty has followed the levels accurately, if it keeps respecting the zones and levels, we can expect a nice down trend for shorting BNF.
Bank Nifty has had an amazing bull run since July. At present, it is at an important PRZ level (around 40350). Further upside will open up on two consecutive weekly candles closing above this level. If it does then it may well rally till around 42350 level where it is very likely to at least pause, if not reverse for a while.
Hope you enjoyed the trending day and got very sharp entries with max R:R as per my zones. Keep following the zones and levels to get best reward at least risk.
Bank Nifty Future seems to be consolidating in wave 4 of a triangle after the high of 39794 made on August 19. It looks like wave (A) have completed at 37991 on August 23 and wave (B) has either completed at 39490 on August 25 or is still in progress. 39400 is 78.6% retracement of fall from the high so that should be a good area for wave (B) to end. Once wave (B)...
Hope my levels and zones helped you catch the reversal today, always use my levels and zones to enter the trade for best R:R