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Bnffuture

BANK NIFTY TARGETS based on important support resistance levelsNSE: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 next corrective fall if respected by banknifty, next and crucial resistance zone is between 41100/41208, max 41292, if bank nifty breaks the crucial resistance zone then it will be breaking the trendline as well if that happens then we can see arget of 41600/41700levels in next 2 days after retesting the resistance levels as support.
NSE:BANKNIFTY
by ajinkyadiwakar717
BANKNIFTY FUTURES 10 August 2022BNF 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, each time it approaches. Respect the levels and zones before you trade, it will result in a good risk reward ratio in your trades. Note one observation, it is continuously moving in an up trending channel since many days. Best of Luck.
NSE:BANKNIFTY1!
by GlobalMarketWizard
BANKNIFTY FUTURES 26 JULY 2022BANK 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. Hence dont consider it for entries or exits, although i will not remove it for now. I expect correction in this week, hence trade very carefully. Only trade around zones and levels. Best of Luck Mates.
NSE:BANKNIFTY1!
by GlobalMarketWizard
BANKNIFTY FUTURES 25 JULY 2022Bank 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 also anticipated a cup and holder breakout, which was succesfully done at open itself in the first half. Observe a narrow uptrending channel in which price is hovering since last 6 days. Please trade around the levels and zones only to get best risk reward I expect atleast 3% correction now in bank nifty in next week.
NSE:BANKNIFTY1!
by GlobalMarketWizard