niftybanklevels

Trading_hawk

NSE:BANKNIFTY Since Tomorrow is expiry, hence only considering safe buy trade above 37020 sustainable breakout. Trade Setup for Date: 16-12-2021 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...

Trading_hawk

NSE:BANKNIFTY Observations: 1) On 1day time frame,it managed to sustain above 10DMA. But, it is still below 21DMA. If it gives sustainable breakout of 21DMA then we can see up-move. 21DMA is placed at 36983.30 and 10DMA is palced at 36671.66 Please refer below chart : 1day Time Frame. 2) On 15min time frame, after it opened gap down below the support...

Trading_hawk

NSE:BANKNIFTY Observations: 1) On 1day time frame,Today, it trade above 10DMA. But face resistance from 21DMA. 10DMA is support now and 21DMA is immdiate resistance now. 10DMA is placed at 36377.13 21DMA is placed at 37348.94 Please refer below chart : 1 day Time Frame. 2) On 1 hr time frame, we can see that it has given the breakout of resistance...

Trading_hawk

NSE:BANKNIFTY Observations: 1) On 1day time frame, it is managed to close above 100DMA. 100DMA is placed at 36987.45 We can see that major support range if 36980-37000 level range. Please refer below chart : 1 day Time Frame. 2) On 1 day time frame also we can see that as per Fib retracement it is just above 61.8% level. If it sustain above it and...

honey_nainwani

Hey folks, Bank Nifty support zone marked Three confluences in weekly outlook 1. trendline 2. 20 EMA 3. Previous swing high Thanks and happy trading! NSE:BANKNIFTY

Trading_hawk

NSE:BANKNIFTY Observations: 1) On 1hr time frame, we can see that now it has come down to the middle trendline of major parallel range in which it was trading earlier. My personal view is that it may come down till 37500 and from that it can take good support from it. If not then on breakout of middle trendline of parallel channel it will bounce back. But...

Trading_hawk

NSE:BANKNIFTY After gap up opening it went down and was sideways. Our trade setup and levels remains most of the same. Observations: 1) On 15 min time frame, It traded mostly under the resistance parallel channel. It opened above this channel and went back inside it. But good thing is that it didn't breakdown below it. Also it took support from 38600...

Trading_hawk

NSE:BANKNIFTY Observations: 1) On daily time frame, it faced resistance from 21DMA and closed below it. 21DMA is placed at 39575.20 level range. Also one good thing is that it managed to close above major support range of 39285-39350 level range. Please refer below chart : 1 day Time Frame. In general, it is good that none of 15min candle closed...

Trading_hawk

NSE:BANKNIFTY Observations: 1) On daily time frame, we can see after provisonal closing it closed below 21DMA and 39500 level which is major resistance. 21DMA is also placed at the same level range - 39498.26 level. Please refer below chart : 1 day Time Frame. 2) Also on daily time frame, good thing is that it managed to closed above the major...

Trading_hawk

NSE:BANKNIFTY Most of the levels and trade setup remains same as per previous. Trade Setup for Date 08-11-2021: 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,...

mdamin786 Updated 

Niftybank can look for support zone of 36590-36700 for tp of 39000-39330 only for positional players Disclaimer : Only for educational and learning purpose.

Trading_hawk

NSE:BANKNIFTY Observations: 1) On daily time frame,Friday it has closed above 21DMA and on 01-11-2021 it took support from 21 DMA and made bullish candle. Please refer below chart : 1 day Time Frame. 2) On daily time frame, If we apply Fib retracement then we can see that it has given good upmove from 61.8% level of FIB retracement. Please refer...

Trading_hawk

NSE:BANKNIFTY Observations: 1) On 15 min time frame we can see that it had broken the temporary support trend-line from which it was getting support and bounce back in previous session. But now it came to the major critical support range of 39285 to 39350. If it holds and gets support from here then it can bounce back but if it breakdown this range then the...

Vijayaraghavan Updated 

All weekly indicators showing positive signals. Further upside may come on upcoming weeks. Apart from bank nifty chart, Most of the bank stocks charts are positive so that stocks will help to whole Bank Nifty positive move. Safe traders, can trade above the day close of Target 1. After Long days giving views in Bank Nifty. Vijayaraghavn.K Kovilpatti, Tuticorin Dist.

kalashaggarwal Updated 

Monthly fib- red Weekly Fib- green Daily fib- yellow Fibonacci is not only present in nature but is evidently present in our stock markets (commodity and crypto too). This helps us to mark the important support and resistance levels without any other stimulus.

Trading_hawk

NSE:BANKNIFTY Observations: 1) On 15 min time frame we can see that it is trading in parallel channel now. Upper line will work as resistance and bottom line will work as support. Middle line will work as support and resistance. Please refer below chart : 15min Time Frame. ------------------------------------- Trade Setup for Date 12-10-2021: 1)...

Trading_hawk

NSE:BANKNIFTY Levels remains the same as per previous trade setup. Only support and resistance line added/changed a bit. Trade Setup for Date 11-10-2021: 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)...

Trading_hawk

Please refer my earlier post of previous trade setup to know about parallel channel support which BANK NIFTY is having. I am putting it in link section at bottom of this post. Resistance line will only work as support once it breaks it & then it test it for support. Trade Setup for Date 07-10-2021: 1) Don't Jump in to trade at the beginning of the market....