Banknifty standing inside in a strong resistance zone of 38209 to 38404. if banknifty crosses above 38404 then it may also cross above 38608 and may reach to the level of 38781. between 38781 to 38947 is also an extremely strong resistance zone. If Bank Nifty crosses over 38947 then it may reach to the level of 39108. if banknifty crosses down below 38209...
BANKNIFTY Intraday Trade Setup For 30 Aug 2022 Buy-Above 38400 Sl-38290 T-38635 38835 39035 Sell-Below 38160 Sl- 38270 T-37995 37665 37400 BANKNIFTY has tested the daily swing low 37945 which is the neckline for the next downside movement. It gave a sharp bounce from 38000 till 38397+. We planned to trade on the 10 o'clock range in case of any big gap up/down....
SBIN consolidating below resistance and forming a Pole & flag type pattern. Possibly we may see a strong momentum in SBIN. Keep in radar
BANKNIFTY Intraday Trade Setup For 29 Aug 2022 Buy-Above 39225 Sl-39110 T-39400 39650 Sell-Below 38800 Sl-38910 T-38635 38475 38300 BANKNIFTY has closed made an inside candle on Friday and closed almost flat. In fact the weekly close is also absolutely flat. Next upside momentum will be above 39800 and downside move below 37950. We are likely to trade between...
Nifty has formed a double top pattern on the weekly time frame. There are chances of a retracement before another up push. Nifty has formed a Dragonfly doji on a weekly time frame. The market is taking rejection from its 61.8% fibonnaci level and unable to close above it on daily time frame. An inside candle formation on the daily time frame must be watched...
Banknifty standing at an extremely strong support of 38947. if banknifty moves up from where it left off then it may reach to the level of 39108. between 39108 to 39301 is also an extremely strong resistance zone. If Bank Nifty crosses over 39301 then it may also cross 39483 and may reach to the level of 39632. if banknifty crosses down below 38947 then it...
NSE:BANKNIFTY Most of all the levels and trade setup will be same. Trade Setup for 26-08-2022 1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action. 2) Everything is mentioned on the chart. I hope it is easy to understand. 3) All the levels will work as support, resistance, entry and...
BANKNIFTY Intraday Trade Setup For 26 Aug 2022 Buy-Above 39475 Sl-39375 T-39615 39750 Sell_1-Below 38800 Sl-38910 T-38650 38530 Sell_2-From 39215 Sl-39315 T-39000 38800 BANKNIFTY has closed on a negative note with slight cut, closing is near day low. It opened with a decent gap up and tested our 1st buy target which was a PRZ area. Market exactly fell from the...
Banknifty standing at an extremely strong support of 38947. if banknifty moves up from where it left off then it may reach to the level of 39108. between 39108 to 39301 is also an extremely strong resistance zone. If Bank Nifty crosses over 39301 then it may also cross 39483 and may reach to the level of 39632. if banknifty crosses down below 38947 then it...
The markets were volatile and huge selling in the last hour of the trading session marked the closing of monthly expiry. Nifty has formed a bearish engulfing candle and closed around 17500. The market has falling about 190 points in a single hourly candle, taking the market below its 20 ema and closed below the levels. On 15 minute time frame analysis, the...
Today's will be gap up opening in Nifty . After opening if nifty sustain above 17700 level then possible upside rally 100-200 points. Any downside expected below 17620 level.
Important levels in Nifty SUPPORT 1471-484 17389-395, 17592-598, 17575{MOST IMP} RESISTANCE 17618-625 17683-693
BANKNIFTY Intraday Trade Setup For 25 Aug 2022 Buy-Above 39125 Sl-39000 T-39375 39555 39760 Sell-Below 38775 Sl-38900 T-38600 38360 38185 BANKNIFTY has closed in a positive sentiment with nearly 0.9% gain. last day we planned to buy above 38870 on a flat opening. Market opened with a decent gap down. 10 o'clock range broke upside above 38834 and gave more than...
NSE:NIFTY1! 📊 Each levels Act as support and resistance 📈📉. One can trade on 3min, 5min and 15 min as per their trade set up. For reference, one can check our old published ideas. If any candle taking support from any level then try to identify that is that reversal candle at support or what if that is reversal candle then go long above that reversal candle and...
Nifty has given a inside candle on daily closing. Nifty closed almost flat and the market consolidated whole day. The market gained in the last trading hour of trading session and closed above hourly 20 ema. On 15 minute chart analysis, market has respected the trading zone and remained between 20 and 200 ema. Support :- 17480-500, 17375 Resistance :- 17710,...
Nifty will be open gap down in today's session. Expected opening above 17500 level and 17450 to 17550 level is the consolidation range and if nifty break 17550 this level then possible upside rally upto 17720+ in today's session. in case nifty trade below 17450 level then short target can go up to 17250 level.
BANKNIFTY Intraday Trade Setup For 24 Aug 2022 Buy-Above 38870 Sl-38650 T-39190 39375 39555 Sell-Below 38490 Sl-38600 T-38200 38000 BANKNIFTY has closed on a positive note today with more than 1% gain. It opened with a decent gap down near 37950 and a sharp recovery was seen from opening levels which a PRZ level plotted in yesterday's setup. Last day we planned...
NSE:NIFTY1! 📊 Each levels Act as support and resistance 📈📉. One can trade on 3min, 5min and 15 min as per their trade set up. For reference, one can check our old published ideas. If any candle taking support from any level then try to identify that is that reversal candle at support or what if that is reversal candle then go long above that reversal candle and...