Bank Nifty ('BN') is at a immediate resistance, which also a key level for overall movement of the market. As you know from our Nifty analysis that good triggers (such as good GDP data, economy and better revenue collection) will help the market to close in green, but the key is to sustain above the key levels. If BN crosses 38k levels and sustain, then there is...
NSE:BANKNIFTY Observations: 1) On 1 day time frame, it is still trading below 200DMA and also it faced resistance from 10DMA. To reach up to 200DMA it has to sustain above 10DMA. 10DMA is placed at 35322.39 and 200DMA is placed at 35708.93 level. Please refer below chart : 1 day Time Frame. 2) Also on 1 Day time frame, we can see that it has made...
NSE:BANKNIFTY Trade Setup for Date: 23-12-2021 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 levels will work as support, resistance, entry and exit w.r.t price action near that level. 4) Avoid...
NSE:BANKNIFTY Trade Setup for Date: 22-12-2021 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 levels will work as support, resistance, entry and exit w.r.t price action near that level. 4) Avoid...
Nifty Bank on day charts seems evenly poised for a ride either way, perfectly paused around this level of 37000, it can either travel towards the upper Bollinger band which is somewhere near 38910 or it can drift away down towards lower band which is near 35246 Having said that and After seeing the charts some observations that came up are like 1. Continuously...
Nifty Bank on a chart of 15 minutes time-frame Not always you can use candlesticks to read something that's being written on the charts So, this be treated as an attempt to read it using another tool, this time it is baseline Trying to keep it simple and readable enough there is an upward journey, a destination point and again a downward travel, In the...
NSE:BANKNIFTY as we see Nifty level, same way Banknifty also at crucial level. If sustain above this pattern, then only we can see recovery in coming days. Trade according to your trade set up. ******whatever charts or levels sharing here or on any other platforms are just for educational purpose only, Not...
Nifty has broken its weekly support after a long time. look for a negative trend in the coming days. International markets are down too. Look for confirmations to buy options since strong pullbacks will be there.
Bank Nifty can go up if it'll sustain above 39630. Do not prefer buy bank nifty below this level
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.
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.
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.
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MARKET ANALYSIS AND PREDICTION FOR 10.08.21 (TUESDAY ) ON 12 AUG ******************************************************* * NIFTY 50 * --------------------- SUPPORT AREAS RESISTANCE AREAS --------------------------- ----------------------------------- 1ST SUPPORT AREA : 16229.35-16241.70 | 1ST...
BANKNIFTY PREDICTION & ANALYSIS FOR 03 august 2021||OPTION DATA ||STRADDLE ||STRANGLE #nifty50 #Nifty #StockMarket #stocks #expiry #Thrusday #indianstockmarket #OptionsTrading #NSE #sensex #bse #banknifty #bearish #Prediction #analysis
understanding trends through support and resistance
BANKNIFTY NIFTY PREDICTION & ANALYSIS FOR TOMORROW EXPIRY 29 JULY 2021||OPTION||STRADDLE ||STRANGLE #banknifty #StockMarket #stocks #expiry #Thrusday #indianstockmarket #OptionsTrading #NSE #sensex #bse #Prediction #analysis #nifty #nifty50 #strategy
IMPORTANT NOTE: Trade in 5 Min and 15 Min Time frame, the TradingView is not allowing to post in the smaller time frame and I'm not interested to buy premium plan so please trade as per given time frame and level and targets Thanks. Bank Nifty trade analysis and level targets BUY Above 336101 if the level breaks and hold it then enter for targets 1 (36357),...