Get started

Tradingsignals

Banknifty levels for today 17/07/2023Good Morning Traders. Banknifty still trading in channel, i was expecting breakout for upside but nothing happened on friday, NIfty seems very bullish, today again it has made another new highs at 19641, i think now banknifty should also accelerate from here, if this happens then breakout is possible and huge spike we can see in today's trading session only. Well let's see what is happening, we will trade according to levels ony, my all levels are very similar to friday post. But still i am posting. Important levels for banknifty:- Buy above 44936 if levels get sustained at least for 15 mints. Targets we can see in upside 45052/45158/45232 Keep Stop loss at 44728 Note:-Banknifty have support in a range of 44425 to 44475, so if Price take support in this range and make any kind of price reversal pattern then that levels could be also to go long from there. keep stop loss at 44270, if this gets executed. Sale below 44618 if levels get sustained at least for 15 mints. Target we can see in downside 44450, If support gets breakdown then next support we can see somewhere 44270. Keep Stop loss at 44728 Note:-Banknifty always gets rejected from upper range of Descending channel, so if today also we see any price rejection and we see any kind of price reversal pattern at top of descending pattern then we can take short entry. keep stop loss at 45125, it this gets executed. Note:- Always wait for the best entry or levels to execute trades. And always follow strict stop loss to save your capital from unexpected market direction. Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades. Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's. Thankyou.
NSE:BANKNIFTY
by TraderRahulPal
4
Banknifty still trading in Descending channel pattern| 14/08/23Good Morning Traders, I hope you will be doing good in Trading and your life as well. Keep learning the things, the day is not much far, where your consistency is gonna to pay you huge rewards. Again keep educating yourself. Banknifty is trading in Descending Channel Pattern since almost a week, let's see where it goes, analysis says soon we will see breakout, it could be today also. Chances are high that banknfity is going to give breakout soon, well for today's scenario i think market is going to open in minor gap up. We have stick with levels, i have already marked all the levels. I will write below in details. Important levels for banknifty:- Buy above 44936 if levels get sustained at least for 15 mints. Targets we can see in upside 45052/45158/45232 Keep Stop loss at 44728 Note:-Banknifty have support in a range of 44425 to 44475, so if Price take support in this range and make any kind of price reversal pattern then that levels could be also to go long from there. keep stop loss at 44270, if this gets executed. Sale below 44618 if levels get sustained at least for 15 mints. Target we can see in downside 44450, If support gets breakdown then next support we can see somewhere 44270. Keep Stop loss at 44728 Note:- Banknifty always gets rejected from upper range of Descending channel, so if today also we see any price rejection and we see any kind of price reversal pattern at top of descending pattern then we can take short entry. keep stop loss at 45125, it this gets executed. Note:- Always wait for the best entry or levels to execute trades. And always follow strict stop loss to save your capital from unexpected market direction. Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades. And Today ISRO aims for the Moon with launch of Chandrayaan-3. Earlier our chandrayaan-2 failed in doing so, despite being successful in sending back home valuable data. So today is the again proud moment for all indians. Let's Pray for successful mission. Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's. Thankyou.
NSE:BANKNIFTY
by TraderRahulPal
8
BankNifty Travelling inside Flag pattern in 15 Mints ChartGood Morning Traders, We have seen Chart and got to know that Banknifty has formed a bullish flag pattern and it is travelling inside the Flag pattern, i am talking behalf of 15 mints chart. I think today or till tomorrow this should give breakout for upside. Let's see what is happening, we will trade accordingly, but before to that we will find opportunity to trade. There is two strategy ther, first one go with levels which i have marked on chart, 2nd you can buy and sale near to flag support and resistance trendlines if you see any kind of genuine price reversal pattern. IMPORTANT LEVELS FOR BANKNIFTY:- Buy above 44880, if levels got sustained at least for 15 mints. Targets will be 45015/45089 Stop loss will be 44721 Sale below 44649, if levels got sustained at least for 15 mints. Targets will be 44537/44370 Stop loss will be 44775 Note:- Always wait for the best entry levels to execute trades. And always follow strict stop loss to save your capital from unexpected market direction. Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades. Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's. Thankyou. Regards Rahul Pal
NSE:BANKNIFTY
by TraderRahulPal
2
Banknifty Intraday levels for 11/07/23Good morning Everyone. Banknifty has traded yesterday in small range of falling channel, for today's all global indices looking greens(positive) today, i think we are gonna to see some pullback from these levels, if i talk about support in banknifty, then it is at 44700 and strong support zone is at 44360 levels. Let's see i think if anyone wants to buy there will be two levels to go long in it. first let it come somewhere 44700-44778 and then buy or buy once it crossed above level of 45100. Let's see where market is goes but scenario is positive for small move. I have already market all the best possible levels for banknifty i will write here too. iMPORTANT LEVELS FOR BANKNIFTY:- Buy above 45100 if levels sustain at least for 15 mints. Targets we can see 45230/45359/45551. Keep stop loss at 44869. Support zone at 44778. Sale below 44638 if levels sustain at least for 15 mints. Target we can see 44530/44370. Keep stop loss at 44869. Resistance zone at 45070. Note:- Always wait for the best entry levels to execute trades. And always follow strict stop loss to save your capital from unexpected market direction. Disclaimer:- I Might be wrong in this analysis, so please always do your own analysis or consult with your financial advisor before taking any kind of trades. Please like, follow and comment your thoughts on my idea. Thankyou. Regards Rahul Pal
NSE:BANKNIFTY
by TraderRahulPal
2