Bank Nifty Elliott Wave AnalysisBank Nifty is in wave 1 of ending diagonal . Diagonals are basics a-b-c form we expect bank Nifty to reach 36500 levels by end of month.
Search in ideas for "bank nifty"
Bank Nifty target 35000 +++Bank Nifty is looking extremely bullish at present CMP 34606 and due to heavy put writing it may go upto 35000/35500 levels during next week. Every dip in Bank Nifty can be bought for targets 35000+ till the Monthly expiry. Good Luck and Happy trading
Bank Nifty 34606 - Our trading viewBank Nifty 34606 - Bank Nifty has strong resistance zone above 34606 to 35575. No trading zone 35575 to 35468. As last top has not yet been broken, We have bearish view of Bank Nifty and will trade as per the details provided in the chart.
Bank Nifty - Getting ready for another bull runBank Nifty has formed a bullish flag on 15 and 30 min TFs after making a double bottom in bigger TFs.
Looks good for another 1000-1500 rally minimum
Consider to go long in bank nifty in coming sessions once 34150 is broken and sustained in 15-30 minute candle.
P.S. Flag view gets negated if 33450 is broken in 30 minute candle close
Bank Nifty Analysis, Bank Nifty Prediction for Next WeekBank Nifty support comes at 31787-31800 levels, break below we may see straight 1000 points rally on the downside.
Resistance is at 33064, 33271 and break above these levels we may see 34251 kind of levels. For Educational Purpose Only
BANK NIFTY - 10 MAY 2021 - INTRADAY PLANBANK NIFTY - 10 MAY 2021 - INTRADAY PLAN
I am Bullish on Bank Nifty fir 10th May. 33000 level is being tested last week and there are high chances this week it will try atttempt 34000 levels.
Following the blue trend line shown on chart and taking support on every higher high in uptrend.
Bank Nifty Breakdown Possibilities - Be Careful, Be SafeBank Nifty is very likely to go down. If it trades below this trade line on Monday, a big down trade could be seen. Bank Nifty below 32700 seems to be very weak.
We do not have any SEBI registered analysis. This is just our opinion. And is for education only. We do not advise you to buy or sell. Only invest with the advice of your financial advisor. We are not responsible for your profits or losses.
Bank Nifty 32465 - Gained support exactlyBank Nifty 32465 - We suggested Support at 31913 on May 2 Posting. Bank Nifty gained support exactly at 31906 and reversed to 32465.
Bank Nifty 32781 - Support and resistanceBank Nifty 32781 - Bank Nifty has support at 32359,31913. We expect BF to reverse at 31913 for target 33504.
BANK NIFTY - 29 APR 2021 - EXPIRY SPECIAL - INTRADAY PLANBANK NIFTY - 29 APR 2021 - EXPIRY SPECIAL - INTRADAY PLAN
Bank Nifty has been consistently moving up from past 3 days. People have gone long on Bank Nifty with high option premiums on the call side.
Big Money might take the market up to 34000 & then take a drop to 33200 & stay volatile throughout the day to eat premiums.
Bank Nifty 32735 - Bullish Bank Nifty 32735 - Nifty as expected hold Point B and formed a deep crab pattern and moved to 32735 which is at 38.2 %. We expect Bank Nifty will further move and test 33764 which is at 50%
Bank Nifty Long 1 hour chartBank nifty on higher time frame showed the crossover, now the it may respect the bullish trend line and goes up.
Best time to add some banking stocks to the portfolio.
Let’s wait and watch.
Bank Nifty - Bank stocks can show uptrend from hereBank nifty has breached the resistance. If it sustains the level, we can see more up movement
Bank Nifty Still a fall possible??Bank Nifty was at channel top and it had to fall and it's fallen. does it take a monthly support at 28000 level? lets wait and see where market has to headus in coming days ( before Apr 31st 2021 ).
my view on Monthly is bearish. but weekly we can see some consolidation.
bank NiftyBank Nifty
Bank Nifty in correction mode.
Into a lower top and lower bottom formation.
Support coming from the earlier breakout point of 32861.
The low registered last week was 32391 but closed at 33006.
A recovery was witnessed but could not cross the lower top of 34425.
Relatively Bank Nifty weaker to Nifty in the current correction phase since the peak formed in Feb'21.
In the event of a fall and close below 32391 expect a slide to 31238 and below.
The demand zone at lower level will be 30957-28957 which may coincide with RSI getting into the oversold zone if fall continues.
A correction has been witnessed reasonably in relation to the rise from 29661 to 36832.
The correction has test the 61.8% retracement of 32746.
The low made till now 32391.
It has also found the support of channel low parallel line.
We may witnessed a new rally or a x formation to test the upper channel line.
As long as 32391 is not violated price could find support at 32746-32391.
Expect near term reversal breakout above 34425.
Bank Nifty - 15 min Chart - looks like getting ready for a Flag Bank Nifty - 15 min Chart - looks like getting ready for a Flag (range) breakout
Strong bullish candle Closing above 33500 we can see in Bank Nifty 33,900-34,000 Levels. can buy once breakout done
33,000 is strong Support for this weekly expiry look to buy near to 33,000-33,150 levels
Target - 33450- 33575- 33800- 33900+
SL below 32850
Bank Nifty 1Month . Correction may continueBank Nifty has reached the trendline and is showing reversal for further correction.
the pattern is an old forming pattern from 2014
So reliability is more.
In order for Banking stocks to rally further it may test the trendline drawn and then trade within zones.
Also additional emphasis long positions are non sustainable for now so shorting seems like an option. NSE:BANKNIFTY
Bank Nifty post market analysis on 22-03-2021 - ShortBank Nifty post market analysis on 22-03-2021 - Short opportunity. Refer Related Ideas for more details
Short opportunity at 9:45 candle's low with bearish pinbar confirmation and perfectly achieved First Target
BANK NIFTY - RISKY BULL VIEW - TRIPPLE HARMONICSBANK NIFTY - RISKY BULL VIEW - TRIPPLE HARMONICS
AB=CD
3 DRIVES PATTERN
BULLISH BAT
WITH ABOVE 3 HARMONICS, IT IS EVIDENT ON DAILY CHARTS THAT BANK NIFTY LOOKS TO BOUNCE BACK TO MIN OF 35000 MED OF 36000 AND MAX 38000
VIEW NEGATE IF 32500 BREAKS
BANK NIFTY gap provides strong support to itbank nifty fills up the gap which I had mentioned in one of my post. and gap provides strong support to it.
stochiastic is in over sold condition and there is divergence between
price and oscillator. Hence bank nifty may bounce from here.
as such it is premature to assume that it is going to take out all time high.
as per me another selling opportunity lies ahead.
at present my view is neutral.
but one lesson market teaching every body don't follow gap up or gap down.
BANK NIFTY FUTURE TRADING IDEA'SBANK NIFTY FUT WAS IN RED ZONE TODAY AND CLOSED IN THE WAY BUT GLOBAL INDICES HAS BEEN PUMP UP, 15 MINI CHART IS IN BUY MODE SO BUY /TRADE IN OPTION, OUR RECOMMENDATION IS BUY BANK NIFTY 34500 CE MARCH OPTION ABOVE 600, STOP LOSS IS 500, KEEP TARGET AT 700-800.
Bank Nifty post market analysis on 16-03-2021 - Sideways marketBank Nifty post market analysis on 16-03-2021
Disclaimer : All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
