Banknifty trend is still on the bullish side. Banknifty will take next resistance at 22350 if this break we will see banknifty move towards 22500+. We will see a big fall if banknifty break the support trend line minimum 200-300 point downfall will get after the breakdown of support trend line. Today's market trend is positive side but still, we will find PE...
Today we will see only 50-100 or flat opening in banknifty near 22000 levels. Possible banknifty take support near 21750 and continue its positive trend. Today we will see banknifty trading between 21650 - 22350 levels. any side breakout will give more 300-500 points quick movements in banknifty.
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After long consolidate mode in banknifty last day, we saw a good positive move in banknifty. Today we'll see gap up opening in banknifty above 22050 levels and rally will continue till 22450. Possible we will break 22550 level also today due to good fundamental news about the banking sector.
Banknifty today's range will be 22050 to 22950. Also, possible big...
Nifty Possible 100-150 points movement above 10400 level. We will see the target of 10550 today or till end of this expiry.
Disclaimer: This is my personal view you can trade according to your own risk.
Banknifty trading near the resistance level of descending triangle pattern. If banknifty breakout the resistance, We might see big movement in banknifty toward the 22950 final targets. Current upside breakout level for banknifty is above 21400 levels and we can initiate CE option if banknifty sustain above this level. We can only see big move after this breakout...
Last trading session we saw banknifty consolidate between small range of 21350-21750. Today also expecting banknifty will create range-bound trade in the first half. Getting a big trading range for banknifty today's session from 20950- 21750- 21250. If banknifty sustain above @21550 in the first half after that more possible to break out of 21750 levels and we can...
Today expecting the nearly flat opening in banknifty near 21500-21600. After opening, we will wait for the perfect level to enter into the trade. Once banknifty trading above 21650 we will go for CE option. @21350 banknifty have an immediate support level.
Last day we saw a big fall in banknifty in the second half due to huge profit booking. Today also we see big movement in banknifty due to expiry. In the first hour, banknifty may trade between 21050 to 21950. If banknifty not able to hold above 21000 levels we will get big downfall of 500-1000 points. Today the market may be cautious so trade safely.
We will see a huge upside move in HDFC bank after the breakout of the very clear Cup and handle pattern.
Long HDFC Bank Above 1048
For Target 1060 1070+
Strict Stoploss 1038
***This is my personal view. Please take advice from your financial advisor before investing.
In today's trading session banknifty had a breakout and hold above very important resistance zone @22050. Now banknifty may face next resistance @22500. If banknifty successfully break this resistance we will see quick move-in banknifty for the target of 22950. According to options data, it is more possible to break the 22500 resistance level but due to monthly...
Banknifty trading below the important resistance zone @22050. The expected market remains in the consolidate zone between 21550 to 22050. If Banknifty breaks any level we will see more 300-500 points movement either call side or put side. The market still in bullish view so focus more CE options in deeps.