BANKNIFTY1! trade ideas
BankNifty Future Analysis for 8th August 2023BankNifty Future Analysis for 8th August 2023
As per our #analysis for #BankNiftyFuture, we are expecting these Intraday levels Tomorrow, kindly check the charts on 15 min time frame and act accordingly.
#IntradayLevels
Disclaimer: All the provided levels are for #educational purpose only, please do your own analysis before doing any trade in the live market or consult your #financial advisor before act.
Follow Us For More #Updates in Future
"Intraday Outlook for Bank Nifty Futures tomorrow
In my previous analysis, I predicted that Bank Nifty would likely trade within a range. As I predicted, it won't break the prior day's low today or on Friday. Looking ahead, tomorrow's market may also exhibit choppiness, with the expected range between 44899 and 45133, while the broader range might extend from 44899 to 45320. Following this, there could be a potential decline in Bank Nifty starting from Wednesday.
Banknifty levels for 8th AugustBanknifty trend is negative
Watchout levels for break upside and downside
Banknjifty Intraday view for 07-08-2023The chart has been marked with essential support levels.
Today, BankNifty future is expected to stay within the range of 45400 to 45000. Broader range = 45600 to 45000. If the market opens near the lower end of this range, there is a possibility of an upward movement.
There's the anticipation of a significant correction for BankNifty on 16th August. It is expected that BankNifty could initiate a correction from its peak position on that day.
Bank Nifty future chart analysis for 07-08-2023As you can see here that price closed just above standard deviation one
and above median line , in between strong resistance and strong support
high chance that price may go in a broader sideways.
But if price crosses above 45097 than you may see a good upmove till 45283,
45283 is a strong resistance , if price retraces from here than it can again reach
to the level of 44851, crossing above 45283 may push price much higher.
If price breaks again median line means 44851 than it may reach much lowerside and
may achieve both the targets very easily.
Banknifty Levels for 7th AugustBanknifty Primary Trend is still Negative
Be careful on levels---Watch them and trade accordingly
if like my idea follow
Bank Nifty Futures 4th August 2023The price opening above, between and below the lines marked in red, blue and green usually set pace for the structure of the day. The lines in dash are untouched areas by price which may get filled depending upon the price action and place of opening.
Just observe in lower time frame like 5 min and 3 mins. Observe price action and where there can be a potential support/ resistance followed by another candle.
Go through the previous charts posted by me and carefully check the price behavior at these areas.
Follow me to get updates. Will try and explain through detailed video to all those following and keen to learn.
TRY AND COMPARE THE LEVELS OF THE RED, BLUE AND GREEN LINES COMPARED TO THE PREVIOUS DAY AND OBSERVE IF THE DIRECTION OF THE NEXT DAY CAN BE GAUGED.
BY NOW LOTS OF CHARTS HAVE BEEN POSTED SO ONE CAN GO THROUGH THEM.
KEEP FOLLOWING FOR A DETAILED ANALYSIS ON MY CHARTS.
Banknifty future chart analysis for 04.08.2023As you saw that price did not took support at median line and
also broke standard deviation 1, if price goes below cuurent low
you may see another burst in bollinger band . burst within burst in
same side will pull down price to deep lower side.
if price goes below 44597 , then you can see a good down move till 44179, but
one special support level you have to keep in your the level 44473, price
may take sudden bounce from here.
Above -44893 , you may see new long positions and bitten down buying , which may later
again fall. 45069strong resistance area above it price will achieve its full target.
Bank Nifty Future Analysis for 4th August 2023BankNifty Future Analysis for 4th August 2023
As per our #analysis for #BankNiftyFuture, we are expecting these Intraday levels Tomorrow, kindly check the charts on 15 min time frame and act accordingly.
#IntradayLevels
Disclaimer: All the provided levels are for #educational purpose only, please do your own analysis before doing any trade in the live market or consult your #financial advisor before act.
Follow Us For More #Updates in Future
Banknifty 4th August LevelsBanknifty Trend is Negative for tomorrow
Mentioned trade setup for tomorrow
Watch carefully upside and downside levels
BNF RangeTrading and investing in the financial markets carry a high level of risk. It is essential to carefully consider your financial situation, risk tolerance, and investment goals before making any trading or investment decisions. Always do your own research, seek professional guidance, and make informed decisions based on your own judgment.
Any opinions, analyses, charts, or other information shared in this post are based on 's personal experience, market observations, and interpretation of available data. They do not guarantee future results or accuracy. The financial markets are dynamic and subject to various factors that can impact price movements and market conditions.
Price at breakout zoneWhenever price reaches breakout zone, it creates 2 possibilities either breakout zone is retest again and price bounces OR price goes below breakout zone which is often called as fake breakout. Price will tell the story. Just follow the price.
Confluence zone in Banknifty Change of polarity zone coincides with 61.8% retracement level for the swing under consideration. Hence this zone acts as strong support. Current price action may test this support zone.
3rd August Banknifty hit all three targetsBanknifty just hit all three targets in downside as it broke daily low level
watch for nifty also
Bank Nifty Futures 4th August 2023he price opening above, between and below the lines marked in red, blue and green usually set pace for the structure of the day. The lines in dash are untouched areas by price which may get filled depending upon the price action and place of opening.
Just observe in lower time frame like 5 min and 3 mins. Observe price action and where there can be a potential support/ resistance followed by another candle.
Go through the previous charts posted by me and carefully check the price behavior at these areas.
Follow me to get updates. Will try and explain through detailed video to all those following and keen to learn.
TRY AND COMPARE THE LEVELS OF THE RED, BLUE AND GREEN LINES COMPARED TO THE PREVIOUS DAY AND OBSERVE IF THE DIRECTION OF THE NEXT DAY CAN BE GAUGED.
BY NOW LOTS OF CHARTS HAVE BEEN POSTED SO ONE CAN GO THROUGH THEM.
KEEP FOLLOWING FOR A DETAILED ANALYSIS ON MY CHARTS.
Banknifty Levels for 3rd August---Trend is negativeBanknifty primary trend is negative.
See levels carefully and then enter into trade
BANKNIFTYBANKNIFTY yesterday open small gapup or small move. if big players out of the market. will probability of down fall also big time frames are not in comfortable zone.
may be 46010 upside safe zone.
i will update levels soon if u intrested
Thanks
Bank Nifty future chart analysis for 02-08-2023Price again closed near median line , there is high chance that price will not move properly.
but if goes down below 45618, then you may see a burst and a good downside move.
Special level is 45673, below it price may go down much lower.
if price goes above 45856, then it may easily reach to the level of 46007, 46007 is a super
strong resistance , price may go down heavily from here. but if it crosses above 46007,
and stay s above it for few minutes than you may see a new upmove.
Bank Nifty Futures 2nd August 2023The price opening above, between and below the lines marked in red, blue and green usually set pace for the structure of the day. The lines in dash are untouched areas by price which may get filled depending upon the price action and place of opening.
Just observe in lower time frame like 5 min and 3 mins. Observe price action and where there can be a potential support/ resistance followed by another candle.
Go through the previous charts posted by me and carefully check the price behavior at these areas.
Follow me to get updates. Will try and explain through detailed video to all those following and keen to learn.
TRY AND COMPARE THE LEVELS OF THE RED, BLUE AND GREEN LINES COMPARED TO THE PREVIOUS DAY AND OBSERVE IF THE DIRECTION OF THE NEXT DAY CAN BE GAUGED.
BY NOW LOTS OF CHARTS HAVE BEEN POSTED SO ONE CAN GO THROUGH THEM.
KEEP FOLLOWING FOR A DETAILED ANALYSIS ON MY CHARTS.
Banknifty future chart analysis for 01-08-2023Travelling above 45969, it may easily reach to its full target of 46213, in between
46076 is super strong
resistance.
Semi burst bollinger band , 45785 is an important level , if price remains
above it and crosses standard deviation 2 , then you can take it as full fledge
burst of bollinger band, and it may go much higher along side standard deviation3.
if price goes below 45785, then there will be very little chance to take support on Median line
it may go down to 45464, in between 45588 is a strong support.
