Banknifty fut may face resistance at 40700. Taking an upside trade today is a bit risky as Banknifty may face 3-4 quick resiatance at it's near level. With the liquidation of 1.18 lakh contracts, Bank Nifty March Future Open Interest Volume stands at 25.6 lakh, and the declining Cost of Carry indicates that today's long positions were closed. Bank Nifty Rollover...
PIIND buy above yesterday's high @ 3415 . Target -3500,3600,3700,3800,3900 3500 CE buy along with 3600CE sell for conservative trader for aggressive trader 3400 CE buy 3500 CE sell Point to be noted:-if open huge gap up then avoid this trade
Bank-nifty index traders are waiting for thebreakout. The breakout is around 41780. So Bank Nifty could open around 41500 today and try to move towards 41550. Note here that if Bank Nifty forms a breakout pattern, it can push Bank Nifty to 41650. Expecting some consolidation here, Bank Nifty could rise and test 41783 could be the breakout point. Note that if Bank...
Banknifty may touch upper red horizontal line, then it againmay have seen selling pressure. So, I'm going to take sell trade and avoid buy trade. target is lower red line.
Banknifty fell 1100+ points which are 2.61% fall on the index. I published an analysis on the morning of January 25th where I had sketched all the important level. Analysis was provided on 15-12-2022. See how Banknifty respects our analysis. = The ability to act on such knowledge will separate an average trader from an exceptional one. You should always view...
BANKNIFTY FUT may open slight gap up. Take trade near magic level. Just do scalping or option selling until budget day. Today's range:-43368-41815 you can sell option,keep in mind of this range your SL is this area. If you want to buy option, then take trade near the magicbox drawn on the chart.
Banknifty Intraday Analysis:- Banknifty futures could gap up sharply near 42750. It may face resistance at 42751, 42829. It has support at 42646, and 42463. All important levels are drawn on the chart. Try to take trade near magic box.
Bajfinance break a good support zone. If it breaks previous day low then Baffinance may fall till 5400 Positional Trade :-BAJFINANCE sell below 5845 to 5835 Target 5800, 5760,5700,5600,5540,5400 After selling, you cannot keep a stock overnight. so, one can take this trade in option. e.g. Buy 1 lot 5700 PE feb expiry - ₹ 117.65 Sell 1 lot 5500PE - ₹...
EXPIRY DHMAKA. NOW TRADE LIKE EXPERTS Tomorrow is expiry.. Watch the Banknifty forecast for tomorrow if you want to make a significant profit. If Banknifty open flat positive above 42610, then you may buy BNF or ATM put sell or ITM call buy along with OTM call sell. Target 42700,42775-790. If it breaks and sustained above that then you can re-enter for the...
All support and resistance level is drawn in the chart. Banknifty is negative in daily chart. so, swing is expected.
Banknifty has good support at 42250. If take support here then don't sell BNF sell BELOW 42190 Target 42150,42095 If it breaks 41886, then next target is 41656. If 41656 is broken, then it will open the road of 39000, 38000. At the peak of the market 44374, I warned you that the market would decline. You might now be aware that the Bank Nifty index finished...
The important Gann/Astro date for the upcoming week is January 18. It would be wise to observe this favourable trend. Today's Bank Nifty index may open flat positive around 42530 and attempt to consolidate in that area in order to rise toward 42800. Watch for a Breakout pattern to form if Bank Nifty maintains its position above 42400; it may then continue...
We all know that Bank Nifty is in a downtrend, however on the hourly chart it is oversold. 42480 (BNF) is a minor resistance zone. If it breaks and sustained, my target is 42640, 42695. If the Bank Nifty drops below 42246, it may possibly fall as low as 42164 or even 41900. Today is expires, so be prepared. stay caution at higher levels! However, BNF might be...
All levels are mentioned in the chart. As you know, Until 37000, I will remain bearish. Already booked 2500+ points profit. Intraday:-Above 42263,Target is 42426 and 42678 . If it breaks the magic level,It may touch 41850 and 41650
All levels are mentioned in the chart. As you know, Until 37000, I will remain bearish. Already booked 2500+ points profit. Intraday:-Above 42263,Target is 42426 and 42678 . If it breaks the magic level,It may touch 41850 and 41650
Above magic box, banknifty is bullish. If banknifty fut break lower first line, then target is lower second line. I'm still bearish as I have shared my analysis on 15/12/2022. yes, it is bullish in monthly chart. Now, we have to watch momentum.
RAJESHEXPO is in overbought zone. It takes resistance at CPR. You can accumulate at 745 level if bounce back Sell below 737 Target 727,720,710,705,695 SL-750
Banknifty PCR is 1.22 . If it crosses 1.25, Banknifty can be super bullish. Banknifty index may open at 44000 and then it may reach 44082. you have to watch here for a clear pattern. For better risk:reward and for chart pattern, I'm going to short Banknifty at correct level. Suppose if it crosses above 44082 and sustained then it may touch another all time...