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.
Bnf long for 3-4 days trgt 41500 stop loss : 37333 ... tread only ones it reach near 37500 to 37900 zone and any reversal signal showing ........................
Bnf long view for Tuesday n Wednesday ... stoploss 38490 trgt 39600
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
Today 05 August 2022, Bank Nifty started from just below the channel crossed it went to the zone of 38270-38132, got rejected from there, broke back the channel and ended below it. Simplly the Power of Zones, hope you loved it. No Major changes for 08 August 2022, Monday, Just the shift of 2 zones and channel. Keep ur money and risk management in control and...
Hope you found the zones useful today, it reversed from the first supply zone, came done 900 pts from open and consolidated for the remaining part of the day between two demand zones continuously. Bank nifty increased its fall speed only after it broke the channel, that was the best entry point to short today. W pattern failed today could not give the target due...
bnf projected trgt it can take 3 month trgt 40175 stoploss 35500...........................................................................................
Bank Nifty is near the upper end of an up trending channel, It did not show any bullish momentum today like Nifty, hence can show a bullish momentum tomorrow. Kindly Follow the levels and zones when u trade.
BANK NIFTY TODAY 25-07-22 Did you observe how bnf respected the zone 36484-36439 and reversed from there precisely. Also it touched the longterm trend line atleast 7 times and crossed it only twice. BANK NIFTY TOMORROW 26-07-22 Now the long term trend line which i am talking about since last 3 sessions will loose its strength as it has been tested multiple times....
Bank nifty had good momentum since open, but as soon as it crossed the long term down slopping trendline coming from 1D time frame at 36641, it lost its momentum, and started conslidating in the supply zone above 36646, ended in the zone itself. Hence you can see my levels and zones are drawn with such a perfection that price respects it very well. Yestereday i...
Banknifty may correct for a while, but its in uptrend as of now, please try to be long when ever u get a dip.
Bank Nifty is more bullish than nifty hence don's short, buy every dip and consolidation at zones and levels.
Bank Nifty has started its smooth up move as per my prediction. don't panic trade, don't fomo, just trade as per levels and zones, you know how price reacts to my zones.
BANK 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...
BANK 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.