Shree_Traders

Shree_Traders

Banknifty has reached its all time high of 49473. Banknifty moved nearly 1200+ point and touched its new high. Also, its to be noted that Banknifty expiry is tomorrow as its an trading holiday on 1st May so plan your positions accordingly. Since Banknifty is in its new high the resistance level is 49500. If it sustains above this level we can expect a move till...

Shree_Traders

We can see that banknifty was trading in range between 47800 & 48650 in tha last week. Also, it was a mixed week in banknifty with a small up and downs. Resistance level for Banknifty Resistance 1 48650 Resistance 2 49000 Support level for Banknifty Support 1 47800 Support 2 47050 Note: This is only for educational purposes. Please do your...

Shree_Traders

BankNifty opened with a gap down of 400+ points and took the support of 47900 and reversed till resistance zone of 48550 in the second part of the trading. Now the resistance zone of 48250 is a support zone. If BankNifty sustains above the resistance of 48550 we can expect a upward movement to below resistance levels Resistance 1 48550 Resistance 2 48800 ...

Shree_Traders

BankNifty is still trading within the range of 47900 and 48250 for past two days. It is well know here that 48250 is acting as a major resistance. We can expect a bullish move only if BankNifty sustains above 48250. There is no change in the Support & Resistance levels. If BankNifty sustains above the resistance of 48250 we can expect a upward movement to above...

Shree_Traders

BankNifty touched the resistance zone of 48250 and reversed from there. Post which we had a sideways market. It also to be noted that VIX has crashed nearly 20% for today. We can expect a sudden fall or raise in market due to this crash in upcoming days. Also, this will be good trade setup for option sellers but still the sudden spike n market will affect their...

Shree_Traders

BNF is trading near the one hour timeframe support of 46600. As mentioned in my previous analysis, BNF took the support of 46600 zone and reversed. If BNF sustains below 46600 we can expect a further fall till its immediate support. If BNF moves upward we will have a immediate resistance of 47750. Below are the resistance levels to watch Resistance 1 47750 ...

Shree_Traders

BNF is trading near the 1hour timeframe support of 47000. As mentioned in my previous analysis, once the ascending channel pattern was broken in 1 day time frame BNF took the support of 47000 zone and reversed. Still BNF is trading between zones of 47000 & 47400. It is to be noted that BNF has fall 2000 points from its ATH in this week. If BNF moves upward...

Shree_Traders

BTCUSD is in bearish pennant pattern in 1hrs TF. Considering the global cues we can expect further fall in BTCUSD till 54000 zone. Be cautious with trades.

Shree_Traders

BTC just broke the channel pattern in 15mins TF and again consolidating between 63600 & 63300 in channel pattern. Break in either side can give a good move. Resistance 64800 Support 61800

Shree_Traders

BNF is trading near the 1hr TF support of 474000. Also it to be noted that BNF has fall 1400 points from its ATH. Still BNF is trading near the support zone of 47400 & 47600. If BNF moves upward we will have a immediate resistance of 47800. Below are the resistance level to watch Resistance 1 48100 Resistance 2 48250 If BNF moves downward we...

Shree_Traders

BTCUSD is trading near important support zone of 61800. If it breaks the 61000 zone we can expect a further fall in BTC till 54000. If its reversed from that zone we can expect a upward move till 65000.

Shree_Traders

BTCUSD reversed from the zone mentioned in my earlier post and scalped 200 points. 1 lot profit 200$

Shree_Traders

BTCUSD is near 1hr Demand zone. Wait for retest to happen and can try taking an entry. Once reversed can go till 65000. Wait for reversal between 63900 & 63700

Shree_Traders

Bank Nifty is trading at support around 47750 zone. Considering the trading holiday on Wednesday 17/04/2024. BNF expiry will be tomorrow. BNF is now in a support zone of 47750 if broken we can expect a fall till the below two support zones Support 1 47750 Support 2 47400 If BNF moved in a uptrend, considering the globe cues take...

Shree_Traders

Considering the global view in the market we can expect a retest from 62000 zone to go up further or if it breaks the 61000 zone we can expect a further fall till 54000. As of the view is Neutral.

Shree_Traders

BTC USD has formed a bullish flag patten. Can expect a further more bullish move till 74000.