BANKNIFTY can show new ATH if sustained above 52500…? As we can see BANKNIFTY got rejected exactly where we expected it to get rejected and remained sideways to negative and it could continue for upcoming days until it breaks and sustains above 52500 levels which could show new ATH so plan your trades accordingly and we may see volatility here leading to multiple fakeouts.by Wealthcam3
BANK NIFT November Closing likely between 51353-51500Bank Nifty has formed clear Demand and supply Zones astride 0.618 and 0.236 Fib retracement levels with the Zone of 0.5 and 0.382 acting as a Pivot. Going by the pattern, the November monthly closing seems to be in the range of 51353-51500 Zone. Shortby Jay_Maan227
VIEW ON BANK NIFTYBuy zone: 51900-52100 Target 52200/52300/52400/52500/52600 Stop loss 51800 Sell zone: 52500-52300 Target 52200/52100/52000/51900/51800 Stop loss 52600 I am just representing my views For educational purposes only.by dakshb38390
Banknifty Intraday Analysis for 26th November 2024NSE:BANKNIFTY Index closed near 52205 level and Maximum Call and Put Writing near CMP as below in current Monthly contract: Call Writing 53000 Strike – 25.07 Lakh 52000 Strike – 20.41 Lakh 52500 Strike – 19.08 Lakh Put Writing 51000 Strike – 25.50 Lakh 52000 Strike – 19.87 Lakh 51500 Strike – 18.66 Lakh Index has resistance near 52500 – 52600 range and if index crosses and sustains above this level then may reach near 53000 – 53200 range. Index has immediate support near 51650 - 51550 range and if this support is broken then index may tank near 51100 - 51000 range. Longby RKMAURYAUpdated 0
LEVELS FOR BANKNIFTYSo Guys, Here are the levels for the BankNifty Monthly Expiry on 27 Nov 2024 (Wednesday). So please Consult your financial advisor before placing any trade or for any Buy/Sell. And also tell me do you guys need these analysis daily for every expiry or near expiry index or for stocks also. Please let me know in the comment section. Thank You, Your's Truly Anup Jhaby anupjhhaa0
BankNifty levels - Nov 27, 2024Utilizing 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 levels, serving as additional points of significance. Furthermore, take note of the response at the levels of the High, Low, and Close values from the day prior. We trust that this information proves valuable to you. * If you found the idea appealing, kindly tap the Boost icon located below the chart. We encourage you to share your thoughts and comments regarding it. Wishing you successful trading endeavors!by sacxe2
Bank Nifty IndexThis is educational purpose only, consisting of Stock market views based on price action, Elliott Wave & Fibonacci. Views expressed here. are not for investors/traders. Do your own due diligence before investing/trading. This information or publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations.Shortby Sujal_Shah263
BANK NIFTY INTRADY LEVELS FOR 26/11/2024BUY ABOVE - 52270 SL - 52060 TARGETS - 52450,52600,52800 SELL BELOW - 51800 SL - 52060 TARGETS - 51500,51300,51000 NO TRADE ZONE - 51800 to 52270 Previous Day High - 52270 Previous Day Low - 51800 Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day. Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move. Please NOTE: this levels are for intraday trading only. Disclaimer - All information on this page is for educational purposes only, we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made. Request your support and engagement by liking and commenting & follow to provide encouragement HAPPY TRADING 👍by Jagadheesh_JPUpdated 9
Bank Nifty is Ready for the Pain How's the Josh Traders :) I Hope Nifty Analysis May have Saved you with the Bull Trap ...... BUT... ITS TIME FOR BANK NIFTY. Bank Nifty is forming Head & Shoulder Pattern and Again Getting ready for a Fall. Bank Nifty is Slowly Moving towards 48000-46000 Levels(Wave C will be completed in this Level) So Get Ready Traders we are ready for a Fall Again We might see the Fall coming soon, So be ready. NOTE : THIS IS FOR EDUCATIONAL PURPOSE PLEASE ENSURE WITH YOUR FINANCIAL ADVISOR FOR ANY TRADE QUERIES HAVE A PROFITABLE DAY TRADERSShortby Trading_Bulls00004
#Banknifty directions and levels for November 26th.Good morning, friends. Sorry for the delay. Structurally, there is a bullish market; however, the momentum is currently decreasing. > What does this indicate? It suggests a slight consolidation between the immediate resistance and the downside demand zone. A solid rally will occur only if it breaks the immediate resistance with a potential breakout; otherwise, it won't rise significantly.by Manickamtraders1
BANKNIFTY Levels for November 26, 2024BANKNIFTY Levels for Today Here are the today's BANKNIFTY Levels for intraday. Based on market movement, these levels can act as support, resistance or both. Please consider these levels only if there is movement in index and 15m candle sustains at the given levels. The SL (Stop loss) for each BUY trade should be the previous RED candle below the given level. Similarly, the SL (Stop loss) for each SELL trade should be the previous GREEN candle above the given level. Note: This idea and these levels are only for learning and educational purpose. Your likes /boosts gives us motivation for continued leaning and sharing ideas.by RainingMoneywithTech3
BANKNIFTY: INSTITUTIONAL LEVELS FOR 26/11/2024Overview This trading system combines simplicity with powerful insights for accurate entries and exits. It is structured for active traders using the 5-minute timeframe who want to make clear, confident trading decisions in fast-moving markets. Key Strategy Guidelines Retest Entries : Aim to enter trades on retests rather than breakouts, offering better positioning. Multiple Confirmations : Use more than one confirmation to validate each trade, helping avoid impulsive decisions. ATM Options Focus : Stick to at-the-money (ATM) options or above for optimal liquidity and manageable risk. System Explanation This setup leverages volume, historical price action, and price ranges to pinpoint high-probability entry and exit points. This methodology is designed to reduce guesswork, allowing traders to manage trades with a consistent approach. How It Works: Entry/Exit Signals Blue Line : Signals potential long entry. Red Line : Indicates potential short entry. Tip : Align these signals with additional confirmations from your trading strategy for optimal performance. Stop Loss and Take Profit Levels Stop Loss: Long Trades : Set your stop loss at the nearest red line below the entry point, or adjust based on whether the 5-minute candle crosses the red line. Short Trades : Use the blue line above as the stop loss. Take Profit: Long Entries :Target the next red line above or exit if other indicators suggest a prudent exit. Short Entries :Target the next blue line below following similar guidelines. Timeframe Recommendation This system is specifically optimized for the 5-minute timeframe, making it suitable for those trading shorter intervals with precision. Risk Disclaimer Trading involves high risk, and rapid price changes can lead to unexpected losses. Only trade with capital you can afford to lose, and carefully assess your financial situation and risk tolerance. Join the Community Discussion Engage with other traders to discuss strategies, share insights, and enhance your understanding of the markets. Let’s grow together as a community of traders. Original Content This trading system is the product of my own expertise and rigorous testing. It’s a unique approach developed through real market experience to offer a clear edge in trading.by tony_fx_sm5
Bank nifty trades and targets - 26/11/24Hello Everyone. The market was in a very tight range the today. Let the resistance or support range break with 15-minute candle before going for any trade book profits every 30 points as we are getting very few trending moves. The zones marked in blue are previous resistance and support so book profits at these zones. If the market opens flat then we can see continuation of trend. If it opens gap up then we need to see the resistance level to break before looking for CE trades. If it opens gap down then look for PE trades after support zone is broken. Let the market settle in first 15 to 30 minutes then look for directional trades.by GOPISRI0
BankNifty Intraday Support & Resistance Levels for 26.11.2024On Monday, BankNifty opened with a huge gap-up of 910 points, breaking the 75m Supply Zone and entering the Daily Supply Zone highlighted earlier. It made a low of 51774.05 and a high of 52331.10 before closing at 52207.50, gaining an impressive 1072 points over the previous close. The Weekly Trend (50 SMA) remains sideways, while the Daily Trend (50 SMA) has shifted from Negative to Sideways, indicating potential for further movement with caution at higher levels. Demand/Support Zones Near Demand/Support Zone (30m): 51040.05 - 51271.50 Far Small Demand/Support Zone (15m): 50609.75 - 50824.55 Far Support (61.8% FIBO): 49282.65 Far Demand/Support Zone (Daily): 44633.85 - 45750.40 Supply/Resistance Zones Near Supply/Resistance Zone (Daily): 51294.20 - 52493.95 (current price within this zone) Far Supply/Resistance Zone (Daily): 52817.80 - 53235.25 Far Supply/Resistance Zone (Weekly): 53741.40 - 54467.35by PriteshPalan1
52500 is that needs to be broken to confirm new ATH for BNF ! As we can see BANKNIFTY has shown over 2200++ points since last few days and we stood adamant to our decision of buying the dip till our level was not breached below hence following our view, we can expect BANKNIFTY to start rejecting at 52500 levels or can trap showing breakout but if sustains then we may see new ATH for BANKNIFTY so plan your trades accordingly.by Wealthcam112
Interest zone for selling in Bank NiftyThis zone of Bank Nifty is full of selling opportunities as volume inbalanced here on daily time frame and also liquidity of previous day high. then it can be interesting to move downwards .Shortby sachin_sajwanUpdated 3
VIEW ON BANK NIFTYBuy zone: 51600-51800 Target 51900/52000/52100/52200/52300/52400/52500 Stop loss 51500 Sell zone: 52400-52200 Target 52100/52000/51900/51800/51700/51600/51500 Stop loss 52500 I am just representing my views For educational purpose only.by dakshb38390
Banknifty Intraday Analysis for 25th November 2024NSE:BANKNIFTY Index closed near 51135 level and Maximum Call and Put Writing near CMP as below in current Monthly contract: Call Writing 52000 Strike – 24.35 Lakh 51500 Strike – 19.30 Lakh 51000 Strike – 17.06 Lakh Put Writing 51000 Strike – 22.97 Lakh 50000 Strike – 19.89 Lakh 50500 Strike – 15.55 Lakh Gap up opening is expected in the event of a better than expected win by BJP in Maharashtra election. Index has resistance near 51700 – 51800 range and if index crosses and sustains above this level then may reach near 52300 – 52400 range. Downside moments are less likely. However, Index has immediate support near 50700 - 50600 range and if this support is broken then index may tank near 50100 - 50000 range. Longby RKMAURYAUpdated 0
BankNifty levels - Nov 26, 2024Utilizing 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 levels, serving as additional points of significance. Furthermore, take note of the response at the levels of the High, Low, and Close values from the day prior. We trust that this information proves valuable to you. * If you found the idea appealing, kindly tap the Boost icon located below the chart. We encourage you to share your thoughts and comments regarding it. Wishing you successful trading endeavors!by sacxe4
short bank niftyit has formed bearish shark harmonic pattern in 1 hour chart. it may retrace till 0.38%-0.61% of point CD. view negated above 52325 closing basisShortby viralmodi4
BankNifty, Nifty, Gold & Bitcoin - Maha Bounce!In last week's video, we anticipated significant moves across BankNifty, Nifty, Gold, and Bitcoin, all aligning with NDA+ victory in the Maharashtra Assembly elections. Here’s a quick recap and what to watch next: BankNifty: What's Next? - The index could face resistance in the 51650-51950 zone as a Bearish Shark pattern unfolds along with falling channel resistance. - If a gap-up move brings BankNifty into this resistance zone and it holds below 52000, it could present an opportunity to sell. - Key Alert: If the index breaks above 52000, the Bearish Shark pattern becomes invalid, as it would breach the falling channel. - In case of a gap-up opening at 51650-51950, be cautious of a sharp drop towards the 50950-51000- first target zone downside - Further downside could extend to 50350-50550 if 50900 support breaks. Gold: A $100+ Upside Move Gold delivered a remarkable bounce, gaining over $100 + as discussed last week. Bitcoin: Nearing $100,000 Bitcoin is on the verge of a monumental milestone, heading close to the $100,000 mark—a notable achievement since last week's prediction. Stay sharp as we enter this critical week. Watch for the levels discussed, and remember to trade with caution. Let’s see how these setups play out! Market whispers! Can You Hear Them? Have a great week ahead! Best regards, WaveTalksShortby WaveTalksUpdated 8864
Bank Nifty (Spot)Date : 25.11.2024 Bank Nifty (Spot) Timeframe : Day Chart Remarks : Look at support/resistance trendline if price is closing above 61% at Fibonacci & 52519 resistance level + Moon cycle resistance (52519) enter fresh long with stoploss of support & resistance trendline. Whenever price goes below 61% & closing below multi month support & resistance trendline then exit longs & enter fresh shorts. This area is trend changer area. Regards, Ankur Singh by AnkurSingh21