NSE:BANKNIFTY bank nifty buy zell zone movement based prediction, above 44700 bnf can hit the targets market above 44700 and below 44450 we may see 44200/44160 or 44000 zone being retested, be carefull and warch the price action being formed at the buy/sell zones and plan your trades accordingly. PS- BEST TIMEFRAME FOR THESE ZONES ARE 15 MIN OR 30 MINS ONLY.
NSE:BANKNIFTY BANK NIFTY can rally towards 44200 zone if it breaks and sustains above 43920 sell zone, currently trading above the fresh buy zone of 43481/43418 and below the sell zone of 43716/43664. above 43716 we can trail for the target o 44200 unless bank nifty breaks below the buy zone of 43400 , then we might have to see sideways sessions on daily timeframe .
NSE:BANKNIFTY Important buy/sell zones prediction of bnf for intraday tomorrow, trade the zones only if you know how to read price action and how zones break/retest works.
1. BNF is forming triple top pattern on daily and hourly chart, this can correct till 42200 for further up move. 2. Motive Wave (12345) of Elliot Wave is almost complete, the corrective wave ABC is pending 3. RSI divergence exists at daily chart. 4. If BNF fails to break 44500 decisively, BNF can correct till 42200, so trade with caution Disclaimer - The...
NSE:BANKNIFTY bank nifty can touch 41750 range if breaks 42015 support zone, can try to short from highs of today for 42015 and 41750 zone , 42015 zone is current support zone and today's highs are fresh+previous import resistance zone. trade light, manage your risks and reap the profits.
NSE:BANKNIFTY BANKNIFTY can give next big targets above 41278 level break, wait for level break and retest entry method before going long above 41278 level.
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 BANKNIFTY is currently moving sideway, can try for short positions near/at resistance area if we get negative candle near/at resistance area on 15/30 min time frame, can try to hold till today's support, if banknifty seems bearish at support ,then we can give it a shot to achieve target zone.
NSE:BANKNIFTY BANKNIFTY gave closing just below the important resistance area and is very likely to open negative/gap down, in that case bnf can touch the fresh support created on friday try to retest last resistance of 39991/39999, if broken bnf can touch first target of 40152/40250, but bnf breaks fresh support /opens below it then we can achieve downside...
NSE:BANKNIFTY BANK NIFTY stands at the daily demand zone which has been tested multiple times and can break under current selling pressure, if we get a 15miin/1hr candle close beloe 39400, we can see immdiate target of 38900/38800 level tomorrow or by expiry. newest fresh resistans comes at 40001/40147 which can be retested if bnf tries to move up and from there...
BANK NIFTY NSE:BANKNIFTY BANKnifty should giva a nice fall below 40301 , first immidiate target can be 40074 and below that 39800/39700 level can be tested quickly. fresh resistance will be 40690/40605 , may be retested before going down further,
NSE:BANKNIFTY intraday targets for bank nifty tomorrow 17th feb based of fresh support resistance levels cretated today and yesterday on 1 hour time frame.
NSE:BANKNIFTY has broken the inverted triangle downside and has easily achieved the first target of 41162 today, currently treding below previous support and possible to open below today's day low with gap down and race towards 2nd target and further fall till 41600/41500 range
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.
Guys today onwards i will be posting charts of SPOT instead of FUTURES. As maximum of my followers are demanding it to plot the zones and levels on SPOT, which makes them easy to trade all instruments, as due to Cost of Carry difference between SPOT & FUTURES, they are unable to follow the level on charts.
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.
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 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.