Which time frame is best for Bank NIFTY? Trading at the Opening of the Market Volatility is not all bad. The ideal amount of volatility for beginners arrives in the market after these initial extreme trades have occurred. Hence, this makes the time frame between 9:30 am to 10:30 am the ideal time to make trades. How To Become a Professional Trader : Learn the...
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NSE:BANKNIFTY Highest Call writing of 27.28 Lakh at 49500 strike followed by 25.38 Lakh at 50000 strike. Highest Put writing of 20.68 Lakh at 49000 strike followed by 16.79 Lakh at 49500 strike. Index closed near 49230 level. Index may face resistance near 49500 level and if 49600 level is broken then index may reach near 50000 level. Index has support near...
Utilizing the support and resistance levels of BankNifty, along with the 5-minute timeframe candlesticks and VWAP, can enhance the precision of trade entries and exits on or near these levels. It is crucial to recognize that these levels are not static, and they undergo alterations as market dynamics evolve. The dashed lines on the chart indicate the reaction...
Bank Nifty Bank Nifty has a support at 48620 to 48650, it it breaks it can see levels of 48023-48104, and has a strong resistance at 48930.
🔴 Resistance - 49618 🔴 🚀 Target - 49700 - 49812 🚀 🟢 Support - 49506 🟢 🚀 Target - 49326 - 49230 🚀 🚫 Manage Your Risk & Reward As Per Your Risk Management 🚫 🔥🔥 Levels Works Best on 5 - 15 Minutes Time Frame 🔥🔥 ❤️❤️ MARKET SECRET ❤️❤️👇 1. TRADE WHAT YOU SEE NOT WHAT YOU ASSUME 2. FOLLOW THE TREND BECAUSE TREND IS YOUR ONLY FRIEND 3. CHART IS SUPREME 4. YOUR...
Bank Nifty Weekly Analysis For 29-04-24 to 03-05-24 49000-49100 is Major Resistance For Bank Nifty. 47400-47600 is the Support for Bank Nifty Next week. 47500-49000 is the Range for Bank Nifty Next Week. If Bank Nifty Sustains above 49100, upside possible and Targets are 49300/49500 If Bank Nifty trades below 47300, Downside Targets are 47080/46600. Verdict:...
Here i'm providing support and resistance levels for banknifty watch for rejection or breakout/breakdown on them to take trades.on 1 hr to 15 mins time it is overbought not expecting to rally like yesterday ,it could be sideways to bearish in my view until proven other wise if sustains over 49600 200 points can be tested around 49800 area. Resistance...
support zone 49057-48568 resistance zone 49818-49974 A long build-up was seen in 71 stocks, including REC, IndiaMART InterMESH, Bosch, Navin Fluorine International, and Dr Reddy's Laboratories. The market, after hitting a record high, entered into rangebound trade and is expected to remain ranged for few more sessions given the chart patterns. The hurdle on the...
Date 03.05.2024 As mentioned couple of days back over price action, shooting star so far 400 points earned
Bank nifty at major support Intraday range 49000-49500 Nifty 22600-22800 Bank nifty 48900 pe sell Market data is sideways to bullish
BankNifty differs from Nifty. It didn't have as much of a pullback yesterday. So, if the market opens with a gap-up, then we can expect the fib level 78% with minor consolidation. Alternatively, if the gap-up doesn't sustain, then we can expect an initial range market between the opening price and the fib level 50%. After that, if it breaks that range either...
BANKNIFTY Levels for Today Here are the BANKNIFTY Levels for today. Please note, these levels are only for Intraday. The levels identified above can act as support or resistance, although they are shown as three different supports and resistances. The SL (Stop loss) for each BUY trade should be the previous RED candle below the given level. Similarly, the SL...
Today will be gap up opening in BANKNIFTY. After opening if banknifty sustain above 49050 level then possible upside rally of 400-500 points upto 49450 level & this rally can extend another 400 points if market gives breakout 49550 level in todays session. Any Major downside only expected in case banknifty starts trading below 48950 level.also possible reversal...
The chart shared itself is self explanatory. My plan will be as follows : In case 1, I will buy 49300CE when Banknifty touches 49303.55 and shows any confirmation on M1. In case 2, I will buy 49200PE when Banknifty touches 49174.30 and shows any confirmation on M1. In case 3, will buy 49100CE when price touches 49174.30 and shows any confirmation on M1 . Also...
Beautiful channel is ready to trade on shorting with a small affordable stop loss.
BankNifty Analysis - Stance Bullish⬆️ BankNifty's pattern is quite interesting, unlike N50, it did not even attempt to recoup the losses in the last hour of the previous session. It is too early to comment if it is bearishness as the charts do not say so. But the way a few banks dropped today was quite worrying. Despite that, BN did not cede ground - quite...