what's the next move ?On hourly charts, Bank nifty consolidate near 41500 to 41700 level. What does it mean. Bank nifty try to break level but there are sellers who holds the level. Also buyers hold strong that market is not going down. That's the result market is in sideways from 5 days. So from next week we could expect some sharp moves only if strong buying or selling happens on key level. So keep an eye on 41000 and 41800 level. Any breakout leads to strong rally.
Trade according to your setups. Trade with Stoploss. See you later.
Bankniftyintradaylevels
10/02/2023 BANKNIFTY SUPPORT AND RESISTANCE ZONEHello Guys,
Good Morning everyone,
According to the data today market Gap-Down is going to open
After A Gap-Down opening if Banknifty sustain Above 8th Feb high 41800 and taking Support from 41800 then open target for T1-4200,T2-42200,T3-42400
If the Banknifty after a Gap-Down opening sustain Below last day low 41300 and and taking resistance below 41300 then the open Targets for T1-41000,T2-40800,T3-40700
Major Levels 41600,41500,41400
NiftyBank Futures Key Trading Levels for 10th Feb 2023NiftyBank Futures Key Trading Levels for 10th Feb 2023
Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
NiftyBank Futures Key Trading Levels for 9th Feb 2023NiftyBank Futures Key Trading Levels for 9th Feb 2023
Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
08/02/2023 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 last day high 41700 and taking Support from 41700 then open target for T1-41900,T2-42000,T3-42200
If the Banknifty after a Gap-Up opening sustain Below last day low 41500 and and taking resistance below 41500 then the open Targets for T1-41300,T2-40100,T3-40000
Major Levels 41600,41500,41400
CE Buyers Activate Zone 08/02/2023NSE:BANKNIFTY
08/02/2023 Trading condition -
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Bankninfty Open and Breakout their resistance level 41520 and are holding in the upside , We expected banknifty Touch 41720/ 42050 next Resistance level /Target.
Stoploss swing low.
Thankyou and keep learning.💚
PE Sellers Activate Zone 08/02/2023 NSE:BANKNIFTY
08/02/2023 Trading condition -
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Bankninfty Open their Resistance level 41730-41680 and making negative candle on top in 2MIN Timeframe , We expected Banknifty Down 100-150point / 41520 Support level /Target.
Stoploss Rsistance level.
Thankyou and keep learning.💚
NiftyBank Futures Key Trading Levels for 8th Feb 2023NiftyBank Futures Key Trading Levels for 8th Feb 2023
Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
CE Buyers Activate Zone 07/02/2023NSE:BANKNIFTY
Tuesday 06/02/2023 Trading condition -
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Bankninfty Open and Breakout Trendline and are holding in the upside , We expected banknifty Kiss💋 41550/41700 next Resistance level /Target.
Stoploss swing low.
Thankyou and keep learning.💚
PE Sellers Activate Zone 07/02/2023 NSE:BANKNIFTY
Tuesday 07/02/2023 Trading condition -
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Bankninfty Open Take ResistanceTrendline and Cross strong support level 41323 , We expected Banknifty kiss💋 41080 Support level /Target.
Stoploss Rsistance level.
Thankyou and keep learning.💚
NiftyBank Futures Key Trading Levels for 7th Feb 2023NiftyBank Futures Key Trading Levels for 7th Feb 2023
Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
BANK NIFTY 07.02.2023NSE:BANKNIFTY Refer yesterday mentioned levels. Given that, from 41690 onwards could face stiff resistance and today made a high of 41725 and reversed. Also given that 41200 and blow could lend support and got support at 41260.
If todays high is taken out on tomorrow, good chance to reach up to 42000 - 42300 which is also budget day high. Reason Low volume zone all the way. 41100 to 41200 area can offer some support. Refer the chart.
Meanwhile at 15 minute timeframe one beautiful VCP pattern is getting printed the break out of which will push the price up to above mentioned levels. refer the chart below.
Please keep in mind following charts NSE:BANKNIFTY Daily time frame. If you remove the negative noise from the market for the moment there is nothing wrong with BNF charts. Daily time frame shows a consolidation. Refer chart below.
NSE:BANKNIFTY weekly time frame looks like a shakeout. Refer chart below.
06/02/2023 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 last day high 41500 and taking Support from 41500 then open target for T1-41700,T2-41700,T3-42000
If the Banknifty after a Gap-Up opening sustain Below 41400 and and taking resistance below 41400 then the open Targets for T1-41200,T2-41000,T3-40800
Major Levels 41500,41400,41700
PE Sellers Activate Zone 06/02/2023 NSE:BANKNIFTY
Monday 06/02/2023 Trading condition -
---------------------------------------------
Bankninfty Open their Resistance level 41580 and making negative candle on top , We expected Banknifty kiss 41230 /40900 Support level /Target.
Stoploss Rsistance level.
Thankyou and keep learning.💚
NiftyBank Futures Key Trading Levels for 3rd Feb 2023NiftyBank Futures Key Trading Levels for 3rd Feb 2023
Keep Eye on Stop loss levels they will either work as Support/Resistance breakout or breakdown can give Explosive moves which are good level for Options Buying
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
03/02/2023 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 last day high 41000 and taking Support from 41000 then open target for T1-41200,T2-41400,T3-41600
If the Banknifty after a Gap-Up opening sustain Below 40000 and and taking resistance below 40000 then the open Targets for T1-39800,T2-39600,T3-39500
Major Levels 40500,41000,40800