BANKNIFTY SHORT FROM 36500 FOR TARGET 36300 Harmonic levels are invalid if BANKNIFTY is crossing 35850 PERSONAL VIEW....
BANKNIFTY may come for retracement, HARMONIC telling 36450-36500 a resitance & also its psychological resitance, i am expecting a retracement.
NSE:BANKNIFTY JUST PERSONAL VIEW
NSE:BANKNIFTY BANKNIFTY DESCENDING TRIANGLE FORMATION BULLISH BREAKOUT, BUY CALL/SELL PUT ABOVE 36200, BUY PUT/SELL CALL BELOW 35600, It may give breakout upperside with 36500 as target, 15min candle close is important for breakout.
BUY CALL/SELL PUT ABOVE 36100, Possible to see another rally till 36900-37000, BUY PUT/SELL CALL BELOW 35650, should watch at 35500 OR it may bounce back at 35250-35200 ZONE.
BANKNIFTY BUY ABOVE 34800 FOR TARGET 35050-35100, SELL BELOW 34400 FOR TARGET 34200, NO TRADING ZONE IN THE RED LINE AREA, HIGH PROBABILITY IS BULLISH VIEW.
BUY ABOVE 35000 FOR TARGET1-35300 TARGET2- 35650/35800 (AS NEAR TO 35650 THERE IS GAP FILLING), SELL BELOW 34300 FOR TARGET 34000-33950, HIGH PROBABILITY IS BULLISH VIEW, IF IT CROSSESS 33500 BANKNIFTY WILL TURN BEARISH.
BANKNIFTY BULLISH VIEW WITH STOPLOSS OF 34525-34632 FOR TARGET 36500 & FOR LONG TERM VIEW STOPLOSS IS 33900 FOR TARGET 37700.
LONG ABOVE 34950 PREVIOUS SWING IS 34525 WHICH IS A CRUCIAL SUPPORT/DEMAND ZONE VIX IS 12.09 MARKET IS OVERSOLD AS PCR IS 0.8 FOR THE WEEK EXPECTING BANKNIFTY TO OUTPERFORM NIFTY ON MONDAY JULY 5TH 2021 GLOBAL INDICES ARE POSITIVE INDIAN MARKET JUST NEEDS A TRIGGER TO MOVE UPSIDE DISCLAIMER:- THE ABOVE CHART IS ONLY FOR KNOWLEDGE & STUDY PURPOSE
SUPPLY & DEMAND BANKNIFTY MAY REACH 35400 LEVELS WITH SL OF 35100 FOR LONG SHORT ONLY BELOW 35000 FOR THE TARGET 34800 (A SMALL GAP FILLING) 35000 IS A VERY GOOD SUPPORT, WHICH HAS THE HIGHEST OPEN INTREST FOR THE WEEK. LEVELS INVALID WITH HUGE GAPUP OR GAPDOWN FOR THE LONG TERM VIEW A DAILY CLOSE ABOVE 36000 WILL LEAD TO 36600, 37000, 37700. DISCLAIMER:-...