I have already told something is cooking in option chain. and after that I provided sell call. and after that banknifty started to fall after making double top. This market is for hedger. If u do not hedge, u will be finished. Banknifty fut may open at 41150 and may fall till 41030 (this level was already drawn yesterday). If banknifty took support here, then it...
This week is very tough for positional trader to deploy any trade in Banknifty. Target for November Monthly expiry is 42000-43000. But Banknifty can retrace once till below redline. or it can consolidate here. so, we have to focus on intraday small trend.
As per open interest, highest oi was seen at 41500 strike price. Banknifty Consolidate in past 5 sessions. As per view of Trademaniac BNF may face resistance at 41550 & 41630. If it breaks and sustain here, next target is 42000. but according to me, 42000 is possible in next expiry, not in this expiry. I have already told that Banknifty me PRALAY AANE WALA HAI....
I have already mentioned that:-"PRALAY IS COMING" in my previous tradingview chart set up. Now it reached my target.2500+ points already up from my level. Still I'm bullish of 2000 points provided that upper resistance should be broken. All important levels are mentioned in the chart.
I shared my view on the 14th & 17 th October in Tradingview and clearly told that PRALAY is coming. Now check Banknifty is rallied almost 2000 points. Earlier, when many experts/ youtuber were talking about crash, I gave a target of 42500-43000 in banknifty. You can check the same in my previous Tradingview post. Today is expiry. I'm expecting a fall till 40800...
you can take sell trade below 40300 for the tgt of 40220,40180, 40100,40000,39900,39820, 39790 SL above 40300. If Banknifty cross the above magic box, then only u can think about being banknifty. All level is shared for educational purpose. Take trade with your own analysis.
All important level is drawn on the chart. If banknifty breaks yesterday's high then banknifty can be super bullish.
40244 is next resistance of BNF. I have already told that pralay is coming.
If banknifty fut face resistance at 39350 then one can take short banknifty. Target-39275,39160, 39130. This zone is very good support zone. If 39130 is break in the downside then free fall is expected till 38850. Banknifty should not break 38200. Banknifty is trading in very narrow range. but Pralay is coming. It should made new all time high..
If price of banknifty fut rejects from PDH-39260, We can take short trade. Target-39200, 39125, 39040 39040 is support. If banknifty takes support here we can buy above 39125 for the target of 39250. If Banknifty break 39250 with volume next target is 39399. If it breaks 39040 in downside then free fall can be expected. My target is 37900 that means more than...
Watch the strength of magic shaded zone. Yesterday, Banknifty reverse exactly from that zone. As Banknifty was in downtrend, short trade should be taken. Today All important zones are marked in chart. Take trade accordingly.
Bank nifty FUT may open slight negative near 39200. All important level is marked on the chart. The entry point is above the Dotted line or below dotted line.
Banknifty may open near 39450-500. If banknifty directly touch 39771 then avoid buying in between these. If it retraced back towards shadded zone then one can take entry. As banknifty is bullish so we can take buy trade at proper area. Banknifty Future buy above 39352, Target 39440,39541, 39771. 39772 is a danger zone. Banknifty can reverse from here. so we have...
Banknifty today may open at 39400 and it may fall till 39280. Here you can see a short covering towards 39580. If this level is not sustained then sharp correction towards 39073 is possible. . At 39073, you may see huge short covering. Banknifty trend decider level is 39320, 39070-38800-38300 is weekly support zone. Here, don't take any positional view. you can...
Banknifty Fut may open negative around 40615. This trend is not a major downtrend. If banknifty systains above 40615 then it may bounced towards 40715 & 40840. If it breaks 40580 in downside, it may reach 40450, 40380, 40174, 40074. Bull'll get active above 40800. If sustains here then it may reach 41000, 41200, 41400 (positionally)
Banknifty analysis:- Banknifty Fut today may open at 41100 & may test 41000 & 40812. If banknifty hold 41000 level then it may bounce back towards 41200. If break 40800 in second half free fall is expected. Rollover cost 18.61% & Maxpain of today's contract is 41200 How to execute this plan Scenario 1:-I am expecting fall till 1:15 p.m @ 40812. After that...
we will see out performance in Nifty as compared to BankNIfty. Banknifty Future today may open near 41400. If BNF sustained below 41410, 41262 is first target, 40990 is second target. If 40990 breaks in second half, then next target is 40836. but if it is tested 40836 sentiments may go in the negative zone. But bulls are in control now, so, from the 40990 level...
Last Sunday, I mentioned in live class that Banknifty should take support in my mark area and there after it will be bullish. Banknifty reacts same as I said. Yesterday, I have provided one bull call spread. Please look at the above image in which I shared this trade. As predicted in sunday class, Banknifty took support at support 1 and then boom and then it took...