Bankniftyintradaylevels
Levels for Bank Nifty Hi there,
after a sharp correction in the banking index, it has taken support at 42000 on last Friday. we saw a positive bounce at the end of the day, and it closed near VWAP. considering positive global cues there is a high possibility of gap up on Monday and if we managed to surpass the levels then we may see a good upside momentum. a good short covering is possible in index along with banking stocks.
keep these levels in watch.
NiftyBank Futures Key Trading Levels for 9th Jan 2023NiftyBank Futures Key Trading Levels for 9th Jan 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.
06/01/2023 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 taking support above 42500 and sustain then open target for T1-42800,T2-43000,T3-43200
If the Banknifty after a Falt opening make resistance 42500 sustain below then the open Traget for T1-42200,T2-42000,T3-41800
Major Levels 42600,42500,42400
NiftyBank Futures Key Trading Levels for 6th Jan 2023NiftyBank Futures Key Trading Levels for 6th Jan 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 5th Jan 2023_ExpiryNiftyBank Futures Key Trading Levels for 5th Jan 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.
05/01/2023 BANKNIFTY SUPPORT AND RESISTANCE ZONEHello Guys,
Good Morning everyone,
According to the data today market small gap-up is going to open
After A gap-up if Banknifty taking support above 43000 and sustain then open target for T1-43400,T2-43600,T3-43800
If the Banknifty after a gap-Up make resistance 43000 sustain below then the open Traget for T1-42600,T2-42400,T3-42000
Major Levels 43000,43200,42800
04/01/2023 BANKNIFTY SUPPORT AND RESISTANCE ZONEHello Guys,
Good Morning everyone,
According to the data today market small gap-up is going to open
After A gap-up if Banknifty break week high and taking support above 43500- 43600 and sustain then open target for T1-43800,T2-44000,T3-44200
If the Banknifty after a gap-Up make resistance week high 43500 sustain below then the open Traget for T1-43200,T2-43000,T3-42800
Major Levels 43400,43600,43200
NiftyBank Futures Key Trading Levels for 3rd Jan 2023NiftyBank Futures Key Trading Levels for 3rd Jan 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.
03/001/2023 BANKNIFTY SUPPORT AND RESISTANCE ZONEHello Guys,
Good Morning Everyone,
According to the data today market small gap-up is going to open
After A gap-up if Banknifty break the trend line and taking support above 43300 and sustain then open target for T1-43400,T2-43500,T3-43800
If the Banknifty after a gap-Up make resistance 42400 sustain below then the open Traget for T1-43200,T2-43000,T3-42600
Major Levels 43200,43000,42800
02/01/2023 BANKNIFTY SUPPORT AND RESISTANCE ZONEHello Guys,
Good Morning Everyone,
According to the data today market small gap-down is going to open
After A gap-down if Banknifty taking support from above 42900 and sustain then open target for T1-43200,T2-43500,T3-43800
If the Banknifty after a gap-down make resistance 42900 sustain below then the open Target for T1-42700,T2-42500,T3-42355
Major Levels 42900,43000,42800
BANKNIFTY : Bull zone 26th Dec: BANKNIFTY perfectly take over by Bulls today with full power. Now we have to see if Bull continue tomorrow and hit all levels mention in chart. it it sustain to hold this levels we may see bear in control again.
Watch levels closely and study at your end.
27th Dec: Bulls are continue to touch our first level. Hopping tomorrow it will break first level. Now I have changed my Support little up as its formed new BASE on 15 min chart. Lets watch tomorrow.
28th Dec: Banknifty stuck near our resistance and unable to break first level. tomorrow Bulls required full power and gap up opening. Supported marked in Yellow is very important, although it is temporary support but can play key level if rejection in BankNifty . Lets see tomorrow price action and trade accordingly.
30th Dec: Sorry was unable to post update yesterday due to personal reason.
As mentioned last time, Bulls required full power and you can see yesterday's chart for Bulls power. Its rejected exactly from our 2nd resistance. again Bulls require to prepare BN index for next up move. Levels are same as per charts. not changes. Lets wait & watch.
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Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Please consult with your Financial advisor before trading or investing
Pin Point Predictions Of Bank Nifty For 2-1-23Hello Traders,
WISHING YOU A VERY HAPPY AND PROSPEROUS YEAR 2023 FOR ALL VIEWERS OF THIS POST!
The Perfect understanding of support and resistance posted one day in advance to make your trading easy . This price action on 30-12-22 itself authenticate my words. To know more in detail of further action in index can be seen below.