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Niftybank

Banknifty spot chart Analysis for 13.12.2022Banknifty standing just below a strong resistance zone of 43713 to 43876. if banknifty crosses above 43876 then it may also cross 44034 and may reach to the level of 44187. between 44187 to 44323 is also an extremely strong resistance zone . If Bank Nifty crosses over 44323 then it may also cross 44481 and may reach to the level of 44644. if banknifty moves down below where it left off then it may also cross 43571 and may reach to the level of 43418. if banknifty crosses below 43418 then it may also cross 43226 and may reach to the level of 43113. If banknifty crosses down 43113 then it take bounce back from bounce back zone. it is highly unlikely that banknifty will cross 44481 tomorrow and reach higher levels.
NSE:BANKNIFTY
by stoxway
BANKNIFTY Intraday Trade Setup For 13 Dec 2022BANKNIFTY Intraday Trade Setup For 13 Dec 2022 Buy-Above 43770 Sl-43660 T-43965 44160 Sell-Below 43580 Sl-43690 T-43400 43050 BANKNIFTY has closed on a flat to slight positive sentiment. An inside candle has been formed in daily TF. Important level for a downside structure is 43350. Below this chances of a negative price action building is possible. If it sustains above today's high then we will hit psychological level of 44k. Nothing triggered as per trade setup today. Also 10 o'clock range was intact. We saw good moves in the 1st 1 hour then total sideways. Coming to Tuesday's trade setup, if index opens flat and a 15 min candle closes above 43770 then we will long for the target of 43965-44k. 2nd target will be 44160. For selling we need a 15 Min candle close below 43580. Target will be 43400. Below 43360 we will hit 43050-43k. 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.
NSE:BANKNIFTY
by Omahto
Nifty daily analysis for 13/12/22.Nifty on the daily time frame has formed a doji candle and closed flat. On the hourly time frame, the market has tested the 200 ema and consolidated after the initial hour of movement. The market closed between both the moving averages. Nifty has traded in a broader range and remained in the range. The market has given a bullish closing but still taking resistance from 18500 level. Support :- 18435, 18366 Resistance :- 18520-550, 18615 The market has remained in a consolidation phase after an initial move and can give nice movement in the coming days. Wait for the price action near the levels before entering the markets.
NSE:NIFTY
by TheMamboMomentum
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.
NSE:BANKNIFTY
by Omahto
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.
NSE:NIFTY1!Short
by intelligence7
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
NSE:BANKNIFTY
by manojshinde27
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...
NSE:ELGIEQUIP
by UnknownUnicorn19608572
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...
NSE:ICICIBANK
by UnknownUnicorn19608572
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...
BSE:BANKBARODA
by UnknownUnicorn19608572
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...
NSE:KARURVYSYA
by UnknownUnicorn19608572
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...
NSE:CANBK
by UnknownUnicorn19608572
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.
NSE:BANKNIFTY
by Omahto
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.
NSE:BANKNIFTY
by Omahto
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.
NSE:NIFTY
by TheMamboMomentum