Bank Nifty 4 hr Fut Chartbank nifty is approaching profit booking zone be careful some retracement will be there before moving upward journey
BANKNIFTY1! trade ideas
Bank Nifty future chart analysis for 13.09.2023As you can see here that price is resting in between median
line and standard deviation one , most of the time price goes
sideways in this situation , but here scenario a different
you can see a short squeeze in the bands,
so there is a high chance that it will burst tomorrow for good moves.
UPDATED LEVELS BANKNIFTY SEPThe horizontal and the slanting lines helps as support and resitance, It can help you set your target and stoploss and the vertical line signals the trend reversal.
Bank Nifty future chart analysis for 11.09.2023As you can see here price first took resistance at standard deviation two
now taking resistance at standard deviation one , if price goes above
45486, you may go long but keep in mind that it may retrace anytime
till it do not crosses above 45595, above 45595 it is free to go full target.
if price goes below 45178 then it may face two strong support in between 44975, below 44957
price may become much weaker and may reach much downside than target.
BANK NIFTY WEEKLYBank nifty is heading towards 50k my view consolidation is over and it may gradually move towards 50k
BANKNIFTYwait for breakdown. i m intrested downside. level mentioned in chart. be discipline thanks.
Bank Nifty future chart analysis for 05.09.2023As you can see here price is resting over atandard deviation one,which
means it has a support just below it as median line and resistance above
it as standard devition two.if it takes resistance around 44925, you
can witness sideways and if it takes support at 44623 you can witness sideways.
if it crosses above 44925 , it can again face strong resistance at 45014 (Red line), crossing
above red line price may further move upside strongly and may reach to the level of 45322.
if price goes below 44623 then it can face strong support at 44529 (*Purple Line), crossing
below purple line price may be very weak and reach to the level of 44288.
Banknifty levels for 5th SeptemberPrimary Trend in Banknifty is Positive.
Profit booking@45100
Short covering@44800
Follow the levels and wait them to sustain
Bank Nifty Futures levels 05.09.23Go through the charts...levels targets....check previous charts and let m know if you want to understand these levels and markings.
Bank nifty for Monday BN in big range just wait for clear move . If you are trading without range breakout maintain proper ""SL""
BankNifty future chart analysis for 04.09.2023As you can see that banknifty future is in burst situation and price taking resistance
near standard deviation two (2), if price again rejects from this level then you can see
a little profit booking, not much after that you can see a sideways.
But if price croosses over 44777 then burst will continue in a strong manner and price may
easily reach to the level of 45213. (Accept Gap up)
If price goes below 44481 then it will certainly reach to the level of 44286, 44286 is a strong support
you see a good upmove till 44573 from here , crossing below 44286 will make price weaker
and it may travel much lower side.
Nifty Bank 4 hr ChartNifty Bank 4 hrs future chart is at most critical levels retested anti butterfly. breaking this levels there could be futher 500 points fall
Bank Nifty Future 30 Min chart Elliott WaveBanknifty future moving in down ward channel shown with yellow color in above chart
high volume zone is 44000-43800 . Here partial booking of shorts and trailing with tight stop loss are advisable.
Be careful in fresh shorting near high volume support zone.
Bank Nifty future chart analysis for 30.08.2023If price goes above 44636, then it may easily reach to the level of 44779, if price takes resistance at
44779 then price may go sideways , crossing above 44779, price may be much stronger and may reach
44931 and above .
If price goes below 44387 then you can see a burst and extreme weeaknes in price and
price may go down to the l;evel 44101, special level is -44445 , if price opens near previous closing
and goes below 44445, then you can go short.
Bank Nifty future chart analysis for 29.08.2023If price goes above above 44639, then price will easily reach to the level of 44825,
44825 is a strong resistance if price takes resistance here you may see a down move till 44500,
crossing above 44825 it may go to the level of 44999.
If price goes below 44381, then it may reach to the level of 44222. 44222 is strong support
price may bounce back to the level of 44500.if price goes below 44222 , then it may easily
reach to the level of 44088.
Broad area squeeze , if bollinger bursts in this situation you may get a move but not a good move.
if price rejects from 44639, you may see a sideways , if price takes support above 44381, you
may again witness a sideways,
BN- Daily-TF_ H&S PatternNeckline- 43300
Breakdown is possible once closed below these levels.
Charts are meant only for educational purposes. Happy Learning!
Bank Nifty future chart analysis for 28.08.2023As you can see here that price closed just below the standard deviation one
which is 2nd strong support after median line, if price goes above from here and
takes resistance from median line you may see a sideways.
if price goes below from here and takes support at 44012 you may again see a sideways.
if price goes above 44314 , then you may see a steady upside move and price may continue
upside ,don;t try to book only trail.
If price goes below 44012 then you may see a strong downside current and price may go much
lower side.
Bank Nifty Futures 28th August 2023Go through the charts...levels targets....check previous charts and let m know if you want to understand these levels and markings.
Note how beautifully the levels work
Banknifty future chart analysis for 25.08.2023If price again goes above median line and crosses over 44708, then it will again
start new moves upside, but if it takes resistance from median line then it can go downside
or in sideways.
above 44708 you may see a burst again in bollinger bands.
Banknifty future chart analysis for 24.08.2023As you can see the double squeeze , whenever this happens, whether
price travels further for two or three more days or retraces back again in second day.
Head & shoulder almost overThe chart suggests that the H&S pattern is almost over & is looking for a pump back.
Monday - Morning presession will provide more clarity.
Let me know if I should go live & trade along.
Banknifty Prediction and levels for 23rd AugustPrimary Trend in Bank Nifty Futures- Negative
Range-Bound Trend of Bank Nifty Future: All up Moves can Initiate Profit Booking @ 44250 whereas All Down Moves can Initiate Short Covering @ 43900
Suppose the Aug series Bank Nifty futures Moves Above 44155 and sustain, then you could see a 1st Target of 44220 during the day with a Stop Loss of 44090. During the day Bank Nifty futures could trade for the target of 44220- 44340- 44415
If the Bank Nifty futures (Aug Series) Moves Below 43980 and sustain, then you could see a 1st Target of 43900 levels in a day with a Stop Loss of 44050. During the day Bank Nifty futures could trade for the target of 43900- 43825- 43760
BANKNIFTYHi, in this chart i Got a Good Bottom in BANKNIFTY FUTURES, please Observe this levels and Analysis your own... Don't Take any orders Based on this Chart because this is just Observation purpose only.
I Observed these Levels based on price action and Demand & Supply which is My Own Concept Called "PENDAM ZONES" ... Don't Take any trades based on this chart/Post...because this chart is for educational purpose only not for Buy or Sell Recommendation.. Thank Q
