There is a double bottom pattern detected in BANKNIFTY 15 mins timeframe post bears took over the market. Please find the important levels on BankNifty chart for next trading session. First target - 42960 Second target - 43380 Third target - 43621 Above are the targets can be achieved if market sustains the momentum. Have a profitable day. Peace...
Buy near support. or buy above resistance Sell only below 42450.
22 Dec 2022 0900 Hrs 1. US and europe is looking oversold and bullish. or it can be a rally in bear market. Both have rclocked 1 - 1.5 % gains on 21 Dec 2022. 2. SGX Nifty is indicating 100 points up @ 18350 levels. This amounts to 300 points uptick for bank nifty @42900. 3. HDFC bank is at its crucial lower range of 1600. Any break of 1600 may pull down Bank...
22 Dec 2022 0900 Hrs 1. US and europe is looking oversold and bullish. or it can be a rally in bear market. Both have rclocked 1 - 1.5 % gains on 21 Dec 2022. 2. SGX Nifty is indicating 100 points up @ 18350 levels. This amounts to 300 points uptick for bank nifty @42900. 3. HDFC bank is at its crucial lower range of 1600. Any break of 1600 may pull down Bank...
BANKNIFTY Intraday Trade Setup For 22 Dec 2022 Buy-Above 42950 Sl-42840 T-43350 43625 Sell-Below 42550 Sl-42660 T-42000 41645 BANKNIFTY has closed a bearish sentiment with 1.71% cut. It it opened with slight gap up near 1st target. It was updated that we will be using 10 o'clock range to trade in such case. 10 o'clock range broke downside below 43395 and gave a...
The global market indicates a positive start. The market nature is neutral to bearish. Market may start with a gap-up, after the gap-up market sustains the major key level then it will go further. On the other hand, if the market rejects sharply around the major key level, then we will expect a correction.
Expectations for Today: Range-bound day Intraday Levels: Buy Above - 43000 Sell Below - 42550 To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
I have made efforts to explain what will happen next based on wave theory trade with your own Set ups Good luck
Today will be a gap up opening in BANKNIFTY. After opening possible reversal of 400-500 points from 42950 level. And this can extend for another 400 points if it gives breakdown of 42450 level. Any Bullish rally is only expected in case banknifty starts trading and sustains above 43050 level.
Banknifty View and Support & Resistance Levels for Tomorrow.. Expectation : Moderately BEARISH / Negative Sentiment = Sideways to Bearish move Buyers and Sellers Zones - When price breaks the zone, Buyers zone will become Resistance and Sellers zone will become Support. For Best entry, Wait for first 5m candle close. Go long when High breaks, take Short when...
Banknifty standing just below a strong resistance of 42671. if banknifty crosses above 42671 then it may also cross 42814 and may reach to the level of 42966. between 42966 to 43113 is also an extremely strong resistance zone . If Bank Nifty crosses over 43113 then it may also cross 43266 and may reach to the level of 43418. if banknifty moves down below...
decision will taken on the of situation and the sentiment of the market
Banknifty made some deep moves today engaging 3 of its support/resistance areas. Lets analyze it one by one Totally unexpected gap up open 43525 on weak global cues and then 3 up candles. From there a test of 1st support 43247 at 12.10 - a fail. Further down move and 2nd support of 42884 at 13.50 - also a fail. Then we had the 3rd support 42570 test at...
Hi in this video i discuss what could be the scenario of nifty and banknifty in future Along with the breakouts stock that has failed
All the information shared in this chart is provided for strictly educational purposes only. This chart is sharing information are based on the theory of technical analysis. This is not an offer to buy or sell stocks, futures, options, commodity, forex, interests or any other trading security. Back test yourself before jump into live market consult your financial...
Levels: Support: 42550, 42250, 41850 Resistance: 42950, 43170, 43375 OI Data: ---------------------------------------------------------------------| Bank Nifty => Price: 42617.95 ATM: 42600 , ITM: 42500, 42400, 42300 , OTM: 42700, 42800, 42900 ---------------------------------------------------------------------| Highest OI Call in Bank Nifty per OI...