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...
Banknifty PCR is 1.47 which is very attractive for bull. yesterday,I provided a bullish trade. Positional player, you can book your profit as per emotion. I have mentioned yesterday Banknifty will be opened gap up. But today is the chances of profit booking.
Banknifty today may open flat positive. If it breaks downside below the magic box then you can take trade. The level is 43756. As market is very choppy, better to sell OTM /ATMoption. you can take buying position above 43987 with the SL below magic box. For swing trader, Bulls will be upper hand above 43987 for the target of 44080, 44180,44300, 44600. For...
If you observe my previous day's analysis carefully, you will see that Banknifty reversed from the magic box. I always teach my students to trade near the magic box. That is a high probability trade set-up with good risk: reward. Banknifty future reversed from 43590. Just observe how my technical set-up perfectly works in the real market. I have shared the image...
Yesterday, I shared two charts. one chart for positional & one for Intraday. The link of yesterday's post is given in "Link to related Ideas area of Trading view If you read that post, then surely you had made a handsome profit. I had made a magic box which is broken by one big bull candle. After that, one big bull candle at 9:45 a.m broke the trendline. That...
Banknifty future may open flat. Below 43250, it may touch 43190 and if it breaks and sustains then it may touch 43050, 42900, 42750. If Banknifty future sustains above 43430 then it may touch 43530 & 43800. As per open interest, 43300 call, 43200 call & 43000 put added more open interest. If OI is not changed throughout the day, we can expect another range-bound...
43020 in Banknifty spot chart is the key level for a downside breakout. We are already in 100 points profit. Tomorrow, we were in 200 points profit. but we should wait for proper risk: reward. Today Banknifty may open flat near 43190 in spot chart. If it holds above 43200 then it may reached 43350,43500. but if it breaks 43020 then we may see the target of 42850....
Banknifty fut may open today near 43175 and may fall till 43075. Here is a possibility of short covering. At that point of time, if it sustains above 43250, then it may reach 43550,43600.
Banknifty may open near 42800. It may touch 42900,43070. Best buying zone 42660 If it break previous day low and sustained then it may reach once 42400. Banknifty is in positive zone. Today is the monthly expiry. so expecting range market.
all important level is mentioned in the chart. Banknifty may open at 41200.
BNF may open negative near 41675. If it sustains above 41840, then it may reach 42000 again. If it sustains below 41650 then it may each 41500. you will get swing market in the month of November and December. Today I'm biased for the positive side. Try to take trade near magic box