Price has already broken the range and its weak below 23000 for the move towards 22860, 22720, 22540 and 22420. Price will gain strength above 23140 for the move towards 23280, 23420 and 23530.
banknifty support at 22865 and resistance is 23220-23260 if open gap down T1 is 22450-2250 and T2 22022 If break the Resistance at 23260 upside strong resistance is 23570
There is a strong Demand Zone @ 22500-23000. If it will hold this zone then one up move is possible to the next Supply Zone @ 23400-23700-24000 in coming days...
#positional As per me best buying zone for Banknifty is 22450/550 for tgt 24000/25000₹ With sl of 22000₹ clbs
Bank nifty trading in important zone chances of breakout dine is more
BANK NIFTY SEP FUT Analysis.
comment below which side banknifty goes ??
Bank Nifty is looking weak below it's Supply Zone @ 23600-23800. If it will not able to sustain above 23600 then I may short 24000 call option... Once it will sustain below 23500 and if it will give follow through below this level then I may take a short position in Fut for the target of 23250-23200. If it will sustain below 23200 then next target will be 23000.
Bank nifty sep fut will be in sideways tren NSE:BANKNIFTYU2020 d for tomorrow also as per technical analysis.
BANK NIFTY SEP FUT Analysis. Explained in chart please see the chart and try to understand.
If BankNifty sustains below the HVN low of 23531 then revisit of the previous VAH 22440 is possible. There is no interbetween support within the range. Positional short trigger below DBXS - 23383. Weaker global cues may support this move thick and fast.
this is what madras trader selling in 19k lol
Banknifty had a severe fall on 31 August, when India and China had some argument near the border in Leh. This triggered a huge sell off from the day's high and Banknifty ended around 3% lower for the day. Today, Banknifty consolidated in a range and this was expected as Banknifty had 2 continuous trending days. Usually after a trending day, a stock or index...
Sell CE of 25500 at spot of 24200 and. 24600 for Sept and October. Buy CE of 26000 to make it bear call spread. Ratio should be 2: 3 for 25500 and 26000 CE Disc : It's not an advise to buy or sell .
Nifty futures has formed Flag limit on daily chart . Levels marked on charts This is only for educational purpose.