NIFTY BANK DAILY CHART NIFTY BANK DAILY CHART TRENDLINE SUPPORT VERY VERY IMPORTANT & CRUCIAL LEVEL. VIEW :BULLISH Date 23-10-23 Education Purpose OnlyLongby mullasahil110
BANK NIFTYHi, in this chart i Got a Good Bottom in BANKNIFTY , 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 QLongby mistertraderofficial5
Bank Nifty future chart analysis for 18.10.2023if price goes above 44641 then you may see a short lived burst and price may reach to the level of 44797, which is also a strong resistance.if price goes above 44797 then you may see a good upmove reaching full target. As you can see here price closed at median line and bollinger bands are broad and flat if price takes resistance around upside standard devition one or if takes support around down standard deviation one you may see again a sideways. if price goes below 44340, thenit will reach to the level of 44213, which is a strong support crossing below 44213 , price may reach further down reaching full target and beyond.by stoxway2
Banknifty future chart analysis for 17.10.2023As you can see here price closed just above standard deviation one , if price goes above 44504 then price may get strong and may reach to the level of 44823, in between 44670 strong resistance. if price takes resistance at 44504 then you may see a sideways. if price goes below 44238 then you may again see a burst in bollinger bands, and it may reach to the level of 43839.by stoxway0
Banknifty future chart analysis for 13.10.2023if price goes above 44869 then it can give you a quick 80 to 100 points move , but a sudden break down from top may happen so be careful.crossing above 45002 will surely push price to the level of 45144. Squeeze getting shorter but angled upside, in this situation if it gets broke down then it have to face lots of strong support quick bounce moves, which is the reason to sl most of the time. but if price remains below 44600 for about 10 to 20 minutes then you can see a weakness in price and it may go much lower side.by stoxway5
How not to make a loss in BankniftyIn this informative video we share a losing trade on Banknifty options and the point which can be used as lesson so as not to make the same mistakes. Do check it out as it can help you in your trading journey.Short18:22by DA-Tradeloop2
BUY BANKNIFTY FUTUREbanknifty future have formed bullish wolf wave pattern. it may rise till 44850/44900. view negated below 44350 hourly closing basisLongby viralmodi1
Banknifty future chart analysis for 10.10.2023if price sustains above 44247, then you may see strength in price and it may reach to the level of 44497. As you can see here price closed below standard deviation one , if price goes below current low and then crosses below 43796, then it may show you strong weekness and may achieve its full target. if it crosses above 44136 then it may take resistance 44247 and may go in sideways.by stoxway4
BANK NIFTY - SUPPORT & RESISTANCE LEVELS for 10th October 2023Dear Friends, I have marked important support and resistance levels as per my understanding of the price action. NOTE: 1: I prefer trades in a 3-minute time frame when the target is small and a 5-minute time frame otherwise. 2: If a candle has broken a particular resistance or support, let that candle close before taking action. Also, trade on the candle which is not touch support or ressitance. This way you can avoid traps and fake breakouts. I personally see to it that my next candle does not touch the resistance or support line. Also don't underestimate the power of EMA, the price always tends to return to 20 EMA. Hence if the price is very far from 20 EMA, it may come back to the EMA rather than going further away from EMA. Do maintain a minimum 1:2 risk-reward ratio. If you have had 3 losses making trades back to back. Just shut the system and wait for opportunities the next day. Hope the levels stand strong tomorrow. Happy Trading !! Only for Educational Purposes.by hvjj0
BANK NIFTY - SUPPORT & RESISTANCE LEVELS - 6th October 2023Dear Friends, I have marked important support and resistance levels as per my understanding of the price action. NOTE: 1: I prefer trades in a 3-minute time frame when the target is small and a 5-minute time frame otherwise. 2: If a candle has broken a particular resistance or support, let that candle close before taking action. Also, trade on the candle which is not touch support or ressitance. This way you can avoid traps and fake breakouts. I personally see to it that my next candle does not touch the resistance or support line. Also don't underestimate the power of EMA, the price always tends to return to 20 EMA. Hence if the price is very far from 20 EMA, it may come back to the EMA rather than going further away from EMA. Do maintain a minimum 1:2 risk-reward ratio. If you have had 3 losses making trades back to back. Just shut the system and wait for opportunities the next day. Hope the levels stand strong tomorrow. Happy Trading !! Only for Educational Purposes.by hvjj7
Bank Nifty future chart analysis for 03.10.2023As you can see here that price closed near median line, taking support on it, if it opens at the same area then,you may see a sideways again, if it crosses above 45019 then you may see a broad area burst which may not sustain for long time you can short again if you see any rejection in upside. if it crosses above 45179, then you may see a short covering and price may go much higher. if price goes below upside trend, as you can see that its already broke it and taking support above it , if it breaks down again then you may price testing its previous low if it goes down below 44740, then it may take support on 44597, crossing below 44597 price may go much lower side. after achieving its full target.by stoxway7
Trendline update - Possible rejection ; 44160 crucial levelBanknifty futures has rejected a trendline underformation on daily TFby spvijay7
Booming Banknifty From last some days, we seen that banknifty is falling every day. But today we seen somewhere bullishness. Also good chart pattern in Daily time-frame (Hammer) Banknifty took support at trend line with making Hammer pattern. Longby RajiniHarne2
BankNifty Future StudyThis is Study on BankNifty. There is a strong support at 44525. If this breaks then second support Zone is between 44100 to 43780 Breaking of 43780 would come into force the Head and Shoulder pattern by jayantkumarkarn01553
BNF TRG 44027BNF trg 44027 expecting lower levels. SL 44930 DCB. Below 44490 add more shorts.Shortby lalitsethUpdated 3
Mkt support confirmed 44500. Now what?Confirmed support zone 44500. Green candle is confirmation of support. Now it needs to come into the pitchfork zone. Once it closes above 45200 be prepared to-get a target of 46500.. All levels are futuresLongby sunilvedula6
Nifty Bank Index: A Strong Support Holds the Key The Nifty Bank Index, currently trading at 44,612.05, has recently closed at a critical juncture, precisely at the robust support level of 44,600. This analysis underscores the importance of this level and offers insights into the prevailing market conditions, along with a recommended trading strategy for near-term traders. The present close of the Bank Nifty at 44,600 signifies a touchpoint with a highly significant support level. The stability of the index above this level is paramount, as a close below it could potentially pave the way for a downward move towards 44,180. This lower level should be closely monitored by traders as it could act as a subsequent support. Despite the recent correction in the near term, it is essential to recognize the prevailing short-term bullish trend. The current correction is likely a pullback rally within this trend. In such circumstances, traders are advised to view the decline as an opportunity to buy the index near the anticipated support levels, which are at 44,600 and 44,180. A stringent stop-loss set at 43,900 provides a safety net for these positions. Conversely, if the index breaches the 43,900 level, it could trigger a fresh round of correction. In this scenario, the subsequent target and support levels on the charts are expected to be around 42,920 and 41,925. In summary, the Nifty Bank Index is standing firm at a critical support level of 44,600. The short-term bullish trend remains intact, and the current correction should be perceived as an opportunity to buy on dips near the support levels mentioned. by chetnaparmar8333311
Bank Nifty future chart analysis for 25.09.2023As you can see here bollinger bands made a parrallel low of previous low two, it means it is on strong support, but price taking resistance at standard deviation one 44867 is a strong resistance , if it crosses above 44867 then it may reach to the level of 45082, 45082 is a strong resistance price may again go down to the level of previous closing. crossing above 45082 will give price a strong move to the upside and it may reach to its full target. Crossing below 44492 will make price extremely weak and it may achieve both the targets. if it takes support at 44402, or takes resistance at 44867 , you may see a sideways.by stoxway0
Bank Nifty FutureSince someone started a topic on this.... thought i wud give you guys the detailing here. This is BN FUTURE Remember and play the Punt accordinglyby deepgups6
Banknifty Here, is the chart of Banknifty Future.... You can long only after the closing of the 15 min. candle above Rs. 45060.... upto the resistance mentioned... Longby Influitive_Capital0
BNF 4 HR FUTURE CHART BNF bouncing from the perfect orange line. Now let see how price plays outby somit2020Updated 7
Bank Nifty future chart analysis for 20.09.2023As you can see here that bollinger bands already burst in 30 minutes time frame near next strong support at 45895, if this support breaks down there is a high chance that banknifty future will take support at 0.5% fibonacci support. and may may take good upmove from there. if price takes support on 45895 , the you may see a sideways again crossing above 46165 , may put price again above long trend for new moves. and price may reach its full target, in between 46308, strong resistance.by stoxway1111
Bank Nifty 4 Hr Futures ChartBnf perfectly palying out the view .It will take some rest here before hitting my targets of 50k. I will wait for the prices to come near orange linesby somit20203