Bankniftyanalysis
CE Buyers Activate Zone.27/01/2023NSE:BANKNIFTY
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Condition 2 - Banknifty Banknifty take support 41640 and go up side . trade that side.👍
Upside - Half QtyTarget 400+ point
stoploss - only 60 point 41580
27/01/2023 BANKNIFTY SUPPORT AND RESISTANCE ZONE
Hello Guys,
Good Morning everyone,
According to the data today market Gap up is going to open
After A Gap up opening if Banknifty sustain above 419000 and taking support from 419000 then open target for T1-42200,T2-42400,T3-42600
If the Banknifty after a Gap up opening sustain below last day low 41540 and making resistance below 41540 then the open Targets for T1-41300,T2-41100,T3-41000
Major Levels 41500,41600,41800
Bank nifty levels Hello Traders,
We saw a blood bath on banking index on Wednesday. Bank nifty fell more than 1000 points. We had alerted this preciously. we had anticipated the same earlier, details already explained
For bank nifty 41500 is an important support and it is not so easy for the index to break. I am expecting some bounce back towards 42300 level. We have multiple resistances but 41900 & 42300 is going to play very crucial.
Any way if we break 41500 then this will open doors for further downside.
PE Sellers Activate Zone 27/01/2023 NSE:BANKNIFTY
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🧡🤍💚 Happy Republic Day🧡🤍💚
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Condition 1 - Banknifty open and take resistance 42950 , And Making Bearish candle on resitance level . Then We go with PE side - 42900 Put buying.
25/01/2023 BANKNIFTY SUPPORT AND RESISTANCE ZONEHello Guys,
Good Morning everyone,
According to the data today market Gap up is going to open
After A Gap up opening if Banknifty sustain above 428000 and taking support from 428000 then open target for T1-43000,T2-43200,T3-43300
If the Banknifty after a Gap up opening sustain below last day low 42600 and making resistance below 42500 then the open Targets for T1-42400,T2-42200,T3-42000
Major Levels 42800,42500,43000
Level for expiry day Hello Traders,
As expected, we faced resistance at 43000 and there was a profit booking of nearly 400 points upon it failed to hold above 43000.
In an hourly time frame its looking like index was re-testing the breakout and there is an upside possible till index holding above todays low i.e., 42620 but 42850 & 42900 range can act as very important resistance. If index reversing back and breaking 42620 then we may see a good down fall.
Have a profitable monthly expiry.
Thanks for watching!
24/01/2023 BANKNIFTY SUPPORT AND RESISTANCE ZONEHello Guys,
Good Morning Everyone,
According to the data today market Gapup is going to open
After A Gapup openaning if Banknifty sustain last day high above 430000 and taking support from 430000 then open target for T1-43200,T2-43400,T3-43500
If the Banknifty after a Gapup opening sustain below last day low 42700 and making resistance below 42700 then the open Traget for T1-42500,T2-42300,T3-42000
Major Levels 42700,42500,43000
Banknifty Accending Expanding TriangleBanknifty Accending Expanding Triangle
This is a sign of Neutral pattern
its Making HH and LL which stands Higher High and Lower Low
when it touch upper side its must go down (Probability 95%)
when it touch Lower side its must go Up (Probability 95%)
"Don't Take One More Trade "... story of a successful trader.
Banknifty New RangeBanknifty New Range
PCR below 1 --- Oi still increasing in the call side
USD INR - upside mean market going down
after touching his higher point its several times playing to go down
before taking a strong support it cant go high
Probability to touch previous day price line as per pivot
200 EMA play just like support-Resistance indicator
23/01/2023 BANKNIFTY SUPPORT AND RESISTANCE ZONEHello Guys,
Good Morning Everyone,
According to the data today market Flat is going to open
After A Flat openaning if Banknifty sustain last day high above 42700 and taking support from 42700 then open target for T1-42900,T2-43000,T3-43200
If the Banknifty after a Flat opening make not sustain below 42400 and making resistance below 42400 then the open Traget for T1-42300,T2-42100,T3-42000
Mark 18th Jan high and low for best breakout and break down entry
Major Levels 42700,42500,42400