BANKNIFTY FUTURES 05 July 2022Bank nifty seems stronger than nifty, but it may take a drop again from 34200 or 34400, anyways we have zones and levels to assist us, kindly follow.
Bnffuture
BANKNIFTY FUTURES 04 July 2022Sorry guys, i was travelling since 3 days, could not update analysis of thursday and friday.
Kindly trade using zones and levels. Please take care as high volatility seems to be continuing as per daily and weekly charts.
BANKNIFTY FUTURES 28 JUNE 2022Bank Nifty is more weaker than nifty on charts. if it moves below today's low, it will remain weak till expiry
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 24 May 2022Bank Nifty Fut Levels for 24 May 2022, Bank Nifty Fut Levels for 24 May 2022
Bank Nifty Fut Levels for 19 May 2022Best of Luck for Expiry trades Friends, worldwide data is bearish, hence expecting a gap down.
Bank Nifty Fut Levels for 18 May 2022BNF broke out of a trend line after multiple attempts but is still inside the long term channel. Took a good support of 34000 zone and bounced well at the end. Overall not as strong as NF.
Bank Nifty Intraday Level for 15 May 2022Sorry for not posting Friday analysis due to some time constraints. Please follow the zones, levels and channel.
Bank Nifty Hourly Level for 05 May 2022Bank Nifty Hourly analysis with Perfect zones, Just go trade and enjoy, kindly give a like if u earn out of it.
BNF all set to start bull journey | Buy Dec Futures | 45K TargetLast time it gave 0.38 levels of retracement at went to 40k this time it has given retracement again at 0.38 levels and predominately will hit 45k.
BANK NIFTY NO LOSS TRADING STRATEGYBB BLAST Monthly so next monthly tgt 42k
keep in your radar
now trading strategy
sell pe 38400,38500,38300 for this week expiry
sell ce 40400/40300/40500 for 21 oct expiry
TOTAL ce AND pe 500 Points
BankNifty shorting oppr with Inv Flag & Pole patternBNF has formed inv flag & pole pattern on 1H chart ahead of montly exp with heavy sell off today in last 1 hr....looks good for shoring opportunity
Banknifty View : Intraday Levels for 20th July 2021Overview: Banknifty gapped down significantly on negative global cues. Looking at the sentiments we might see more downfall in upcoming sessions.
The view in the market has turned negative and the sell-on-rise strategy can be used for intraday trading.
So we can expect some really good moves tomorrow depending on if we sustain below the support levels.
Banknifty resistance level: 35265/35520
Only once we sustain above these levels then only we can see an upside move till 2nd level of resistance which is again very unlikely to happen.
Banknifty Support level: 34893/34631
If we go below the support levels and form a negative candle on 5 or 15 min we can short bank nifty for lower levels support, if we fall below 34600 levels then more panic selling can be seen in the market.
PLS LIKE , COMMENT YOUR VIEWS AND FOLLOW FOR MORE UPDATES
Banknifty View : Intraday Levels for 2nd July 2021Overview: Banknifty opened on a range of support and resistance levels of yesterday and faced a support of 34730 levels and bounced to test our level of 34893, from there market corrected and we must have got a good expiry trade on Puts.
Again we have a range in the market as the movements are not that great either due to illiquidity or volatility.
Banknifty resistance level: 34893/35076
Yesterday’s support has become the resistance now, so if markets start to trade above 34893 levels and maintain a range till 1PM we can have a very good movement on range breakout.
Banknifty Support level: 34629/34443
If bank nifty opens flat and crosses yesterday’s low then only we can short for the lower targets on support.
It will then continue to get 2nd level of support so trade with caution.
Do like and support by analysis by commenting on how my levels have been working.
BNF making H&S BNF Is making Head and shoulder pattern on Hourly time frame.
If neckline is not broken with conviction then it can easily go upto right shoulder to hit SL of people and throw them out, and then fall.
Banknifty on Multi TF, Bullish#BANKNIFTY
Looks filled with too much power on daily and 2H time frames to achieve All time high levels.
It has formed very nice candle on weekly time frame too.
If it opens gap down on next trading session, it should take support @3436-34080 which was a breakout level on 2Hr TF.
Overall it looks to trade in long position rather than a short position.
Incase of big gap up or gap down, should wait for making position.
***ALWAYS DO YOUR OWN ANALYSIS BEFORE TAKING ANY TRADE***
HDFC Bank Simple Analysis💢all studies mentioned in the chart
🍂it may come down a bit more.
💢today both nifty and bank nifty was created a gap,so there is a chance to fill the gap at any time.
💢but note that guys INDIAN MARKET ready for new high so our stock also hit new high.
💢wait and watch the play.
do your study guys.
like🍂comment🍂support
BNF VIEWBNF gave yearly trend line failed breakout now its trying to get support near fib 100 percent levels or it can go more down and can take support near fib 78.60% (29279) levels.. monthly shooting star candlestick forming ..
BANKNIFTY LONG SETUP ON 15 MINS CHARTWe posted about short setup but we also wanted to post about our long setup on BNF.
If the wedge pattern fails and breakout happen above 200 EMA we can see some upside move for coming days. Price range of A and the distance between the Fibonacci 38.2% level on hourly charts from breakout of pattern is exactly same so we believe that could be the first target and if BNF sustains near the level we can set Fibonacci 50% on Hourly chart as our second target as mentioned in the chart.
Trade at your own risk. Trade safe.
BANKNIFTY SHORT SETUP ON 15 MINS CHARTBNF is trading a wedge range pattern and we can observe the range of the pattern squeezing at the end indicating contraction. There’s also falling wedge formation price action action pattern which indicates a possible reversal about to happen. Also we have a resistance level on hourly chart that could help the breakdown of falling wedge pattern. Trade at your own risk. Enter short after the breakdown of pattern. Trade safe
BANKNIFTY ON 15 mins chart Banknifty is getting weaker every time it tries to touch 200 ma. Before closing of the day, BNF tried to break MA but couldn’t sustain. Based on price action we can analyze that there’s a breakout of a trendline but it’s fake because we have 200 ma just above the current price. Also we have a good Fibonacci 38.2% level that can act as a reversal. So looking at ever data available we think BANKNIFTY maybe end in RANGE MARKET between 33500- 34500. Tomorrow by opening if BANKNIFTY opens above 200 MA look for long positions but if BNF sustains below 200 ma , one should look for hedging or short position.
BANKNIFTY ON 15 min CHART PATTERNBanknifty has formed double bottom pattern on 15 min chart. If we look closely it is approaching towards its resistance level. Tomorrow we have news on INTEREST WAIVER. So we would suggest to wait until the decision. If the decision favors for market one should go fir long positions ne cause there’s a chance bank nifty might break 200 ma and change its trend.
