Bnfanalysis
BANKNIFTY FUTURES 15 JULY 2022BANK NIFTY TODAY 14-07-22
BANK NIFTY opened and got rejected just at mid channel at 34843, went up to zone 35096-35168, made a U turn came down directly to zone 34683-34744, consolidated and reversed from level 34620 precisely.
Power of Tech Analysis. Power of Zones.
NIFTY TOMORROW 15-07-22
You are continuously witnessing the power of my zones and levels.
I dont belive in prediction but reaction to the zones and leves.
Best of Luck Folks.
BANKNIFTY FUTURES 14 JULY 2022BANK NIFTY TODAY 13.07.2022
Hope you guys enjoyed the Head & Shoulder pattern break out, it achieved the perfect target og 34912 and closed just above it. POWER OF TECH ANALYSIS.
BANK NIFTY TOMORROW 14-07-2022
Its expiry tomorrow, kindly trade carefully as todays international moves will again factor in tomorrow at open.
Kindly follow the levels and zones religiously.
BANK NIFTY VIEW FOR JULY INTRADAYBased on the chart analysis BNF seems more bullish than Nifty. market may open with little Gap Up on 04 July 2022
We may discuss three scenerion
1- If BNF Opens with Gap UP-150-200 points up.
33950 /34100 are two resistence area
30 mins/1 hr if BNF sustain above then
we can sell PE of 33700 with 33500 next week expiry buy hedge
if BNF stops near resistence dont hesitate to Short 34300 CE (if resistence near 33100) short 34200 ce(if resitence near 34000/33900)
more specific update will be given after marekt will open
stay tuned with me.
2- if BNF is open in range check for 1 hrs candle if not broken
sell nearest hundered CE/PE and buy same lot of 200 points away ce/pe
and enjoy the ride
3- if BNF open with Gap Down : wait for 1 hr candle where it is going to settle than plan your trade lower side 33 300/400 is support
rest will update after market will open tomorrow
mcpriceaction
BANKNIFTY FUTURES 24 JUNE 2022BANK NIFTY TODAY 23 JUNE 2022
Skipped from the supply zone 33099-33188, but could not escape the falling trend line fell sharply from there went to the demand zone of 32777-32819,
reversed and was again caught up on the same falling trendline, where it exhausted and closed.
This is the power of Tech Analysis, it can tap every kind of markets.
BANK NIFTY TOMORROW 24 JUNE 2022
Best of Luck for tomorrow, respect the levels and take careful entries as market is unbelievably volatile.
BANKNIFTY FUTURES 22 JUNE 2022BANK NIFTY TODAY 21-JUNE-2022
Started at 32956, took a pause at 33125-33166 zone gave a good entry with small SL of 41 points and reward of 475 points i.e. 11X of SL.
It reversed exactly from below my zone of 33669-33798 and stopped again near my previous zone of 33125-33166 at 33238
BANK NIFTY TOMORROW 22-JUNE-2022
Has got many resistances to move up, hence i feel it a sell on rise for sure, keep watch in all trend lines above.
Bank Nifty Fut Levels for 10 June 2022Hi hope you earned from my zones.
Today Bank Nifty exactly took support at 34818-34743 zone for 1.15 hours and then formed an bullish engulfing candle to move upwards, but my uptrending channel didnot allow it to escape up freely.
Finally it broke the channel after struggling with it for 4 hours and took a bull run.
Power of #TECHNICALANALYSIS
Best of Luck for tomorrow.
BANKNIFTY ON HOURLY CHARTBanknifty has been trading in ascending channel on hourly chart.
If we look at the major trend, banknifty is still in bearish trend.
We also checked the retracement levels using Fibonacci retracement as mentioned on chart with dotted lines.
3 scenarios can be happening tomorrow either GAP UP, GAP DOWN or Same as next days closing.
If we open gap up we will surely wait for any bullish scenario building up on resistance level which would be our support at that time.
If we open gap down we would be waiting for the retest of our support which would be acting as resistance at that time.
If we open within the Ascending range we would wait for the the breakout of channel.
Trade safe