STATE BANK OF INDIA - DAY CHART - 12.12.2022 - BAHAVAN CAPITALSTATE BANK OF INDIA as per Day Chart Analysis have chances to move uptrend Stock ABOVE 620 TARGET 623.
As such Nifty is in Downtrend Mode up to 18325 to create fresh demand and Bank Nifty is in Uptrend Mode.
So trade carefully for this week.
Happy Profitable Trading to All...
Niftybank
#NIFTY Intraday Support and Resistance Levels - 12/12/2022Nifty will gap down opening in today's session. After opening nifty sustain above 18450 level and then possible upside rally up to 18550+ in today's session. in case nifty trades below the 18400 level then the Short target can go up to the 18300 level.
BANKNIFTY Intraday Trade Setup For 12 Dec 2022BANKNIFTY Intraday Trade Setup For 12 Dec 2022
Buy-Above 43855
Sl-43745
T-44100 44345
Sell-Below 43360
Sl-43470
T-43051 42830
BANKNIFTY has closed on a flat note on Friday. For the 10th consecutive week it has closed in green. Till now no weekly low has been tested and sustained. Weakness will come only when it will close below any previous week's low. A hanging man has been formed in daily TF. If the next daily candle closes below its low then only its sentiment will be strengthened. Also no previous swing low has been tested. Once again a triangle pattern has been formed in 15 Min TF. Breakout then supporting price action will lead to breakout momentum.
Coming to Monday's trade setup, if index opens flat and a 15 min candle closes above 43855 then we will long for the target of 44100 and 44345.
For selling we need a 15 min candle close below 43360. Target will be 43050. Post bounce from this psychological level if low breaks then we will see 42400.
In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range. Trade on this range breakout.
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RBI Forex Reserve Grow is this Good or Bad ?
1st 140 Billion loss hua hai or ab 20 Billion Grow hua hai to hai to abi bhi loss mai
Gover..t abi losss mai hai laken wo Backup bhi ready kr rhe hai take 2023 kese wjh se krab bhi jaye to economy
pe zada Farak na pade..
#Banknifty For Tomorrow 12 Dec 2022 With ISL#We Make Only Profit.
#HDFCBANK #BANKNIFTY #NIFTY50 #NIFTY #SENSEX #TATA
RBI Forex Reserve Grow is this Good or Bad ?
1st 140 Billion loss hua hai or ab 20 Billion Grow hua hai to hai to abi bhi loss mai
Gover..t abi losss mai hai laken wo Backup bhi ready kr rhe hai take 2023 kese wjh se krab bhi jaye to economy
pe zada Farak na pade..
NIFTY : SWING ANALYSIS Nifty dragging from upper levels seems good time for bears, good to go for sell around 18580-18600 with a stop around 18725, potential downside target 18370 -18190. forming a bearish candle on the daily chart. Prices have been slipping lower from last few days and today’s move indicates further weakness in the near term. The MACD is bearish and below its signal line. The RSI is also in the bearish territory but above its oversold level of 30. The supports for the day are at 18550 and 18510 while resistance is at 18660 and 18700 levels.The short term trend of Nifty continues to be weak as it has been drifting lower from last few days. Prices have breached important support level of 18600 and today’s close below this level signals further weakness in the near term. which indicates that the current downtrend may see some consolidation in the near term but downside remains intact. Bearish setup would get negated if prices manage to sustain above 18700 levels convincingly for few trading sessions. Until then, shorting on rallies with Sell on rise strategy.
This analysis is only for the educational purpose and should not be considered as a recommendation. There are many different factors to consider when making investment decisions, and this post does not take into account all of those factors. This post is not intended to be investment advice, and you should always consult with a financial advisor before making any investment decisions.
Banknifty Possible Trades on Monday Banknifty Possible Support and Resistance for Monday
Banknifty Support & Resistance Zones for Friday
Banknifty Support Zones for Monday
First Support Zone For Banknifty – 43495 - 43516
Second Support Zone For Banknifty – 43390 - 43410
Third Support Zone For Banknifty – 43255 - 43275
Banknifty Resistance Zones for Monday
First Resistance Zone For Banknifty – 43704 - 43678
Second Resistance Zone For Banknifty – 43820 - 43807 ( Banknifty New all time High)
IMP signals by Banknifty Data Analysis
Max Pain As per Option Chain Analysis – 43500
PCR ratio as per Option Chain Analysis – 0.91 ( Bullish )
Major Support as Per Banknifty Open Interest Analysis – 43500 /43000
Major Resistance as Per Banknifty Open Interest Analysis – 4350/ 43700
#NIFTY Intraday Support and Resistance Levels - 09/12/2022Nifty will slightly gap up opening in today's session. After opening nifty sustain above 18620 level and then possible upside rally up to 18730+ in today's session. in case nifty trades below the 18570 level then the Short target can go up to the 18450 level.
AXIS BANK - DAY CHART - 08.12.2022 - BAHAVAN CAPITALAXIS BANK as per day chart analysis Stock ABOVE 943 TARGET 953
FII Net selling at 1131.67 Cr and DII Net Buying at 772.29 Cr. As such FII are in selling mode and need to wait watch for next week.
Had Posted on 07.12.2022 for the stocks HIKAL, FACT, GUJARAT AMBUJA EXPORTS, GOKUL AGRO RESOURCES & ITC and among these ITC never went to our entry price and rest all stocks have HIT the TARGET. Iam glad most of the targets had showed good movement.
Happy Profitable trading to all...
ICICI BANK - DAILY CHART - 08.12.2022 - BAHAVAN CAPITALICICI BANK as per day Chart Analysis Stock ABOVE 933 TARGET 940
FII Net selling at 1131.67 Cr and DII Net Buying at 772.29 Cr. As such FII are in selling mode and need to wait watch for next week.
Had Posted on 07.12.2022 for the stocks HIKAL, FACT, GUJARAT AMBUJA EXPORTS, GOKUL AGRO RESOURCES & ITC and among these ITC never went to our entry price and rest all stocks have HIT the TARGET. Iam glad most of the targets had showed good movement.
Happy Profitable trading to all...
BANK OF BARODA - DAY CHART - 08.12.2022 - BAHAVAN CAPITALBANK OF BARODA as per Day Chart Analysis Stock ABOVE 192 TARGET 196
FII Net selling at 1131.67 Cr and DII Net Buying at 772.29 Cr. As such FII are in selling mode and need to wait watch for next week.
Had Posted on 07.12.2022 for the stocks HIKAL, FACT, GUJARAT AMBUJA EXPORTS, GOKUL AGRO RESOURCES & ITC and among these ITC never went to our entry price and rest all stocks have HIT the TARGET. Iam glad most of the targets had showed good movement.
Happy Profitable trading to all...
KARUR VYSYA BANK - DAY CHART - 08.12.2022 - BAHAVAN CAPITALKARUR VYSYA BANK as per Day Chart Analysis Stock ABOVE 112 TARGET 115.
FII Net selling at 1131.67 Cr and DII Net Buying at 772.29 Cr. As such FII are in selling mode and need to wait watch for next week.
Had Posted on 07.12.2022 for the stocks HIKAL, FACT, GUJARAT AMBUJA EXPORTS, GOKUL AGRO RESOURCES & ITC and among these ITC never went to our entry price and rest all stocks have HIT the TARGET. Iam glad most of the targets had showed good movement.
Happy Profitable trading to all...
CANARA BANK - DAY CHART - 08.12.22 - BAHAVAN CAPITAL CANARA BANK as per Day Chart Analysis Stock ABOVE 326 TARGET 330.
FII Net selling at 1131.67 Cr and DII Net Buying at 772.29 Cr. As such FII are in selling mode and need to wait watch for next week.
Had Posted on 07.12.2022 for the stocks HIKAL, FACT, GUJARAT AMBUJA EXPORTS, GOKUL AGRO RESOURCES & ITC and among these ITC never went to our entry price and rest all stocks have HIT the TARGET. Iam glad most of the targets had showed good movement.
Happy Profitable trading to all...
BANKNIFTY Intraday Trade Setup For 9 Dec 2022BANKNIFTY Intraday Trade Setup For 9 Dec 2022
Buy-Above 43645
Sl-43540
T-73755 43872 44050
Sell-Below 43520
Sl-43630
T-43330 43140
BANKNIFTY has given a very strong closing today. It has closed with 1.15% gain. Now important support is 42900 in hourly TF. Below this we can see a profit booking. Last day it was clearly told that we have been inside a tight range. It was mentioned that we have formed a triangle pattern, on breakout we can see a good momentum. So has happened today. Buy triggered @ 43181 on 15 Min candle close and it gave no-stop rally till 43640.
Coming to Friday's trade setup, if index opens flat an a 15 Min candle closes above 43645 then we will long for the target of 43755, 43872 an 44050.
For selling we need a 15 Min candle close below 43520. Target will be 43330 an 43140. BTW this a bit aggressive as last swing low is 43330.
In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range. Trade on this range breakout.
#NIFTY Intraday Support and Resistance Levels - 08/12/2022Nifty will be flat opening in today's session. The expected opening above the 18550 level and the 18550 to 18600 level is the consolidation range and if nifty breaks the 18600 level this level then the possible upside go up to 18700+ in today's session. in case nifty trades below the 18550 level than possible downside rally up to 100-200 points.
BANKNIFTY Intraday Trade Setup For 8 Dec 2022BANKNIFTY Intraday Trade Setup For 8 Dec 2022
Buy-Above 43185
Sl-43075
T-43377 43537 43713
Sell-Below 42945
Sl-43055
T-42790 42630 42480
BANKNIFTY has closed absolutely flat today. RBI event was scheduled today . There was sharp up move then a larger slide from top then it turned sideways. Buy triggered as per trade setup and gave almost 120 points gain which was 1:1. Then sell triggered which also gave 120+ points gain. Triangle pattern can be spotted in 30 Min chart. Lines are marked in pink. Breakout of this will give a decent move. Inside candle's low has been tested today. Alert has been given in lower side already. It will confirmed below today's low.
Coming to Thursday's trade setup if index opens flat and a 15 Min candle closes above 43185 then we will long for the target of 43377, 43537 and 43713.
For selling we need a 15 Min candle close below 42945. Target will be 42790,42630 and 42480. Index will be weak below 43000 on a 15 Min candle close.
In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range. Trade on this range breakout.
Nifty daily analysis for 08/12/22Nifty on the hourly time frame has been following a nice lower high lower low pattern and has given a bearish engulfing pattern on the daily time frame.
The market on the hourly time frame has been trading below the 20 ema and gave a nice selling candle in the closing hour of the session.
On 15 minute time frame, there is a bearish moving average cross over.
Support :- 18550, 18450
Resistance :- 18570, 18615
Nifty is showing some weakness and banknifty is taking a halt.
The market can be volatile as there is gujrat election results.
Wait for the price action near the levels before entering the markets.
#NIFTY Intraday Support and Resistance Levels - 07/12/2022Nifty will be flat opening in today's session. The expected opening above the 18590 level and the 18590 to 18650 level is the consolidation range and if nifty breaks the 18650 level this level then the possible upside go up to 18790+ in today's session. in case nifty trades below the 18590 level than possible downside rally up to 100-200 points.
BANKNIFTY Intraday Trade Setup For 7 Dec 2022BANKNIFTY Intraday Trade Setup For 7 Dec 2022
Buy-Above 43210
Sl-43100
T-43370 43520 42700
Sell-Below 43075
Sl-43185
T-42940 42800 42650
BANKNIFTY has closed on a negative sentiment with almost half percent cut. It has closed near day low which is a negative sign. It showed both way movement in the morning then later consolidated completely in the 2nd half. Sell triggered as per trade setup and gave just 80 points till closing. An inside candle has been formed in daily TF which is sign of contraction. This will burst out on breakout of the mother candle's high and low. Also tomorrow is RBI monetary policy day. So we can expect this contraction burst out tomorrow.
Coming to Wednesday's trade setup, if index opens flat and a 15 Min candle closes above 43210 then we will long for the target of 43370, 43520 and 43700+.
For selling we need a 15 Min candle close below 43075. Target will be 42950, 42800 and 42650.
In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range. Trade on this range breakout.
Nifty daily analysis for 07/12/22.Nifty is showing some retracement and has closed near to 50% fib level on daily time frame.
The market has closed losing only 58 points and above 18600 level.
On the hourly time frame, the market consolidated whole day and has given a break out of day's high in the last hour of the session.
The market, on 15 minute time frame, has traded around both the moving averages creating high volatile market and closed above both the moving averages.
Support :- 18640, 18590-550, 18450
Resistance :- 18720, 18780
The election results are near which can create a volatile market in the coming days.
Wait for the price action near the price levels before entering the markets.
#NIFTY Intraday Support and Resistance Levels - 06/12/2022Nifty will be flat opening in today's session. After opening nifty sustain above 18750 level and then possible upside rally up to 18850+ in today's session. in case nifty trades below the 18720 level then the Short target can go up to the 18630 level.
BANKNIFTY Intraday Trade Setup For 6 Dec 2022BANKNIFTY Intraday Trade Setup For 6 Dec 2022
Buy-Above 43375
Sl-43265
T-43537 43713
Sell-Below 43159
Sl-43270
T-42950 42700
BANKNIFTY has closed on a positive sentiment with more than 0.5% gain today. It has closed near day high which is a sign of bullishness. This sentiment will continue above today's high. It was a V shape day today. We saw a shar fall in the 1st 45 Min then a sharp recovery. Buy triggered as per trade setup and gave more than 200 points gain which was 1:2. In daily TF it has been consolidating for a long time.
Coming to Tuesday's trade setup, if index opens flat and a 15 Min candle closes above 43375 then we will long for the target of 43537. Above 43550 we will head higher till marked zones.
For selling we need a 15 min candle close below 43159. Target will be 42950. Below 42930 we will hit 42700.
In case of a big gap up/down, wait till 10 o'clock and mark the high and low of the trading range. Trade on this range breakout.