Banknifty future chart analysis for 25.07.2023You may see a good bollinger burst today.
as you are seeing here that its taking resistance
at median line and price also made a symytrical triangle, whichever
side its break will give you good move, more powerful move in downside.
If price moves above 46080 then it may resistance at 46214 , crossing 46214
will be very bullish and price can go beyond full target.
If price moves below 45864 then you can see a strong downmove and price will reach
45579, 45725 is also a good support.
BANKNIFTY1! trade ideas
Bank Nifty futures 25th July 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 VIDEO ANALYSIS ON MY CHARTS.
Possible Trade Opportunities in BankNifty on 25-07-2023Dear Friends,
I have marked the CE/PE Trade Opportunities Trades as per my understanding of the price action.
NOTE:
1: I prefer trades in 3 Minutes time frame when the target is small and 5 mins time frame otherwise.
2: If a candle has broken a particular resistance or support, let that candle close above or below the resistance or support. Also, wait for the next candle to break the previous candle's high or low. This way you can avoid traps and also fake breakouts. I personally see to it that my next candle is not touching 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 Purpose.
Banknifty; 24th July,Important support for banknifty is 45996 - 45922 and resistance level at 46308 - 46366. If support is break along the trend line and wait for the pullback. Good entry for short after a pullback 46086 with SL of 46205 for targets 45779, 45567 and good buy above 46176 after retest for targets of 46312.
Good luck
Jai hind.
banknifty future chart analysis for 24.07.2023As you can see here that price rejected from
standard deviation -2 , if price crosses down below
45982 then it may reach to standard deviation-1
and achieve our target.
but if price moves above standard deviation -2
you may see a huge upside move , crossing above
46319 , price may reach 46683 and much higher.
BANK NIFTY FUTURES LEVELS 24TH JULY 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 VIDEO ANALYSIS ON MY CHARTS.
21st July 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 VIDEO ANALYSIS ON MY CHARTS.
Possible Trade Opportunities in BankNifty on 21-07-2023Dear Friends,
I have marked the CE/PE Trade Opportunities Trades as per my understanding of the price action.
NOTE:
1: I prefer trades in 3 Minutes time frame when the target is small and 5 mins time frame otherwise.
2: If a candle has broken a particular resistance or support, let that candle close above or below the resistance or support. Also, wait for the next candle to break the previous candle's high or low. This way you can avoid traps and also fake breakouts. I personally see to it that my next candle is not touching 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 Purpose.
Bank Nifty Future levels 20th July 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 VIDEO ANALYSIS ON MY CHARTS.
Banknifty future chart analysis for 20.07.2023Bollinger squeeze and about to burst in 30 minute chart.
if bollinger burst and price travel s upside and crosses 45816 then it may
touch 45933 easily , which is a strong resistance, crossing above 45933
price may reach easily to the level of 46129.
if bollinger do not burst upside and starts travelling below and crosses down
below 45618 then you may see a strong down move and bollinger may burst down side.
and it will achieve all its level and may be more than levels.
Possible Trade Opportunities in BankNifty on 20-07-2023Dear Friends,
Today I have marked the CE/PE Trade Opportunities Trades can be taken as per the levels.
NOTE:
1: I prefer trades in 3 Minutes time frame when target is small and 5 mins time frame otherwise.
2 : If a candle has broken a particular resistance or support, let that candle close above or below the resistance or support. Also, wait for the next candle to break the previous candle's high or low. This way you can avoid traps and also fake breakouts. I personally see to it that my next candle is not touching 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 1!Dear Friends,
Today I have marked the CE/PE Trade Opportunities Trades can be taken as per the levels.
NOTE:
1: I prefer trades in 3 Minutes time frame when target is small and 5 mins time frame otherwise.
2 : If a candle has broken a particular resistance or support, let that candle close above or below the resistance or support. Also, wait for the next candle to break the previous candle's high or low. This way you can avoid traps and also fake breakouts. I personally see to it that my next candle is not touching 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 !!
BankNifty Future Analysis for Today 19th JULY 2023BankNifty Future Analysis for Today 19th JuLY 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
Possible Trade Opportunities in BankNifty on 19-07-2023.Dear Friends,
Today I have marked the CE/PE Trade Opportunities Trades can be taken as per the levels.
NOTE:
1: I prefer trades in 3 Minutes time frame when target is small and 5 mins time frame otherwise.
2 : If a candle has broken a particular resistance or support, let that candle close above or below the resistance or support. Also, wait for the next candle to break the previous candle's high or low. This way you can avoid traps and also fake breakouts. I personally see to it that my next candle is not touching 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!