Banknifty is ready for highs because... constant bulls (fiis and dis) interesting in indian market and stocks buyings. we will see soon Banknifty above + 45800 /46350+ soon might be this is possible end of this year 2023. Election results in the favor of current central government..that will create positive impact on investor's (fiis & Dis) and market too..
2024 elections: Morgan Stanley expects Sensex,bank Nifty to rise 10% by May 2024.
hello firends keep the levels in your watch and trade safe with proper Sl
Stock swing can be taken for following reasons : 1) Weekly Timeframe is Bullish 2) Daily Timeframe has tested it's structure 3) 4HR timeframe is also in bullish structure
bank nifty bhot dino se range me trade kar rha hai woh range breck hwa to bada movement hoga
Uptill blue line is safe on downside, 3 targets for december are there for swing trade.
Important levels in BankNifty SUPPORT 39810-845, 39983-40029 , 40058{MOST IMP} RESISTANCE 40510-579
Important levels in BankNifty SUPPORT 38394-433 38702-743, 38904 {MOST IMP} RESISTANCE 39387-437, 39734-782
banknifty future previous support of 38000-38200 now became multi time resitance with range contractions.. till it is in a triangle one shoult play support resistance with the pattern... bigger move expected once it breaks the pattern till than trade patiently... views are educational
BANKNIFTY as our analysis target reached near 36800 lets wait for a sideways market for next expiry
Banknifty no trade zone for intraday 39954---39795 If sustains above this zone than TGT 40200 and if sustains below this zone than 39500 short below 39795 active
BNKNIFTY can remain bullish only if it open gap up above cpr IF BNK nifty opens gap up then look for first three cases to buy at that level and if bnk nifty open gap down look for selling opportunity
a. Zone: Strong Bull b. Resistance 1: 29595.30 c. Resistance 2: 30838.80 d. Support 1: 27854.40 e. Support 2: 23875.20 NSE:BANKNIFTY
Banknifty Day analysis Confuse Zone |||| #BANKNIFTy