NIFTY Intraday Trade Setup For 27 Mar 2023 Buy-Above 17000 Sl- 17050 T- 17100 17200+ Sell-Below 16915 Sl-16965 T- 16825 16725 NIFTY has closed on a bearish sentiment last week and day. It closed with almost 1% cut last week. Current important levels are 17210 and 16800. Above 17210 we will plan the reversal trade towards 17600 and above. Below 16800 bearish...
#BANKNIFTY Short-Term Positional View ( 1 - 3 months):- Let me post what I see: a double zig-zag painful correction in the market, where positional buy is only above 42,000 levels (closing basis). People will get trapped on both sides and until and unless, you are ready to read this complex correction in a minute way, making money will be challenging in the...
Hello Guys I am sharing the daily chart of Bank nifty with indicator Super trend plotted on it as you read the title that of this idea that trend is your friend so I choose super trend for some identifications apart of price action, So I am sharing this idea purely for educational purpose that is why the reason I am not tagging this idea in short category and...
NSE:BANKNIFTY Flip zone: : This zone is such a zone which will work as resistance if price is below it. And it will work as support if price is trading above it. Resistance zone: This zone will mainly work as resistance. Once price sustain above it then it is considered as breakout. Support zone: This zone will mainly work as support. Once price sustain...
BANKNIFTY Intraday Trade Setup For 27 Mar 2023 Buy-Above 39515 Sl-39405 T- 39750 40000 Sell-Below 39290 Sl-39400 T- 39089 38884 BANKNIFTY has closed on a bearish sentiment last week and day with 0.5% cut. Important levels in the daily TF are 40210 and 38600. Above 40210 we will see reversal and head towards 41350 and below 38600 we will resume the selling and...
BANKNIFTY Intraday Trade Setup For 24 Mar 2023 Buy-Above 39825 Sl-39715 T- 40013 40200 Sell-Below 39550 Sl-39660 T- 39325 39095 BANKNIFTY has closed on a bearish sentiment with almost 1% cut today. It was a roller coaster ride today and big moves were seen both the sides. It opened with a decent gap down and then 10 o'clock range broke upside above 39967 and...
BANKNIFTY Intraday Trade Setup For 23 Mar 2023 Buy-Above 40090 Sl-39980 T- 40315 40515 Sell-Below 39835 Sl-39945 T-39600 39347 BANKNIFTY has closed on slight bullish note with 0.26% gain. After our PRZ hit on 16 Mar since then it is going up slowly and steadily and till now we have not closed below PDL. So this up move will be strong till we defend PDL (CB)....
BANKNIFTY Intraday Trade Setup For 22 Mar 2023 Buy-Above 39971 Sl-39860 T- 40180 40357 Sell-Below 39755 Sl-39865 T- 39545 39335 BANKNIFTY has closed on a bullish sentiment with 1.35% gain today. In the weekend when BNF was at 39600 it was said that we will give a small pullback and then we will make a bottom and start the upside journey. Exact same thing...
BANKNIFTY Intraday Trade Setup For 21 Mar 2023 Buy-Above 39451 Sl-39340 T-39735 39925 40119 Sell-Below 39130 Sl-39240 T-38870 38615 BANKNIFTY has closed on bearish sentiment with 0.6% cut today. Today it opened with a slight gap down and sell triggered below 39220 and gave more than 180 points in the 1st go and later in the 2nd go it gave 280 points and hit...
After analyzing the BANKNIFTY chart on the 15-minute time frame, it appears that there is a noticeable bearish sentiment in the market. This is indicated by the current dominance of sellers, which suggests a potential downtrend in the short term. As such, it may be wise to consider a short entry position at 39190. This would involve selling BANKNIFTY at the...
BANKNIFTY Intraday Trade Setup For 20 Mar 2023 Buy-Above 39705 Sl-39595 T-40110 40515 Sell-Below 39220 Sl-39330 T-38895 38615 BANKNIFTY has closed on a bearish sentiment with more than 2% cut last week. Last week it finally hit our positional sell target (41550-38615). It gave dot reversal from the PRZ (1.618) which was 38615. So next leg of selling will will...
On Friday, the 17th of March 2023, the BANKNIFTY showed a strong close, indicating positive market sentiment and bullish momentum. To capitalize on this momentum, traders can consider taking a long position with a target of 40800 and a stoploss at 38900. The support levels for the index are currently at 39500-39700 range, which suggests that the index has...
#banknifty analysis for the short term:- Expanding Rising Wedge:- A triangle is a sideways corrective wave with sub-waves labeled A-B-C-D-E. In most cases, all the sub-waves of a triangle are zigzags or multiple zigzagsTherefore, we call the triangle a 3-3-3-3-3 structure. Looking at the structure, we expect selling pressure from the upside, which will drag the...
BANKNIFTY Intraday Trade Setup For 17 Mar 2023 Buy-Above 39385 Sl-39275 T- 39581 39785 Sell-Below 38990 Sl-39100 T-38800 38615 BANKNIFTY took a pause in the mega down move today and closed with a slight gain of 0.21% gain. Today it finally hit the positional sell target (41550-38615). Last week the continuation sell level was 40340. Now it has formed a hammer...
BANKNIFTY Intraday Trade Setup For 16 Mar 2023 Buy-Above 39220 Sl-39110 T-39550 39900+ Sell-Below 38930 Sl-39040 T- 38615 38300 BANKNIFTY has closed on a bearish sentiment with 0.91% cut today. After our first positional sell level- 41550 was triggered it has been in a bearish phase. Now it is near our 1st target 38700. Last week our extended sell level was...
BANKNIFTY Intraday Trade Setup For 15 Feb 2023 Buy-Above 39545 Sl-39435 T- 39800 40100 Sell-Below 39335 Sl-39445 T- 39130 38835 BANKNIFTY has closed on a bearish sentiment with 0.39% cut. Below our extended sell level- 40340 it has given 1200 points (40340-39135) gain in just 2 days. Hope everyone captured this move very smoothly as it did not gave any fear by...
BANKNIFTY Intraday Trade Setup For 14 Feb 2023 Buy-Above 39685 Sl-39575 T- 40020 40355 Sell-Below 39450 Sl-39560 T- 39085 38750 BANKNIFTY has closed a bearish sentiment with 2.27% cut today. It was explained on weekend that below 40340 we will start the down move once again and that will be the continuation of sell trade triggered below 41550. Today 40340 was...
BANKNIFTY Intraday Trade Setup For 13 Mar 2023 Buy-Above 40525 Sl-40415 T-40690 40850 Sell-Below 40340 Sl-40450 T- 40140 39940 BANKNIFTY has closed on a bearish sentiment with 1.86% cut last week. After a shooting star was formed on 6 Mar 2023 it was updated that its high and low and important for trigger of momentum any side. Its low was broken and it just...