NSE:BANKNIFTY banknifty is approaching the crucial trendline of daily timeframe from which we have been getting huge corrective moves everytime bank nifty touched the trendline in past,
current resistance zone of bank nifty is between 40690/40839. above that zone next resistance is very important is it collides with the trendline and can possibly trigger the...
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...
Bank Nifty opened just above my zone 39225-39174, took support 3 times and bounced from there before finally it broke down and ended far below.
This is the power of zones and levels, hope it helped you a lot, kindly keep taking trading decisions as per my zones, levels and trend lines to get best R:R trades.
BANK NIFTY had no strong supply zones above, but turned bearish due to broader market sentiments and followed nifty, i have given all levels and zones and channels to follow. Kindly watch carefully the zones to trade.
BNF started from the uptrending channel and stopped exaclty in the zone just near the trendline level given, consolidated there and broke after 90 minutes to form a new high.
BNF has given a good closing above previous 124 days high.
It has strong resistace above and nees good momentum to break them, which it is already gathering by consolidating on my zones,...
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...
Banknifty consolidated a lot today, but observe the W pattern it has formed.
Trade around the zones and levels, don't get carried away with volatile moves.
Hope u traded my levels today, due to high volatility today, levels were breached twice, still it gave good trades.
If BNF opens in the drawn channel, kindly dont miss the break out of that channel. Respect the zones and trendlines when u trade.
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 formed a Engulfing pattern on 1D time frame, and Cup & Handle on 15M time frame, its ready to blast once again, if it forms a inside day tomorrow, then it will break out on Monday.
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...
