Banknifty looking weakHi,
Please do check out the chart analysis of Banknifty for the coming week.
Do let me know your views on the same.
Thanks.
BN is gearing for a up move soonBN is looking for a bounce till 50800 to 50900 levels. As seen from the chart. closing below 50300 will negate this.
1:3 RR
Please note this is not a trading advice.
bank nifty crucial update edu pur.bank nifty eyes on neckline 49800 if stya blw or close blw 2 days +weekly close than expect dwn 46500-46000++++ where hurdel 51111 stya abv than short term change move yes close watch this lvl
BANK NIFTY STRANGLE 27 NOVSELL 48000 PE AT 48 AND 53000Call at 22
Total premium 70
General tic of strangle apply, hedge by buying respective legs or put SL at 2.5 x of buying
BNF TRGS Trade as per levels. Tdys high/low imp whichever side breaks expect 700/800 pts move in that direction. Bias down.
banknifty pridiction- 06/11/2024looking for bullish action on banknifty ,follownig these parameters.anything else in chart wait for my another setup.
My view on Bank Nifty Market will be still in range but if the BN break the 51000 level on a hourly basis, it will come down to 50500.
Bank Nifty for next ExpiryBoth Side Movement is possible for bank Nifty. The most important point is that It can move either side . First week is very important for both price and data .
BANKNIFTY BullishAs per Price action and PCR we see its trying to make a double bottom and price may rise till 52000+ in coming days just a view not a reco... levels are marked on chart.
Best buy 50850 to 51140 Zone with a stoploss of 50800 closing basis for a target of 51800 - 52400.
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Displays a symbol's price movements over previous years to identify recurring trends.
A representation of what an asset is worth today and what the market thinks it will be worth in the future.
Frequently Asked Questions
The nearest expiration date for BANKNIFTY INDEX FUTURES is Jul 29, 2021.
Traders prefer to sell futures contracts when they've already made money on the investment, but still have plenty of time left before the expiration date. Thus, many consider it a good option to sell BANKNIFTY INDEX FUTURES before Jul 29, 2021.