BANK NIFTY 11.09.2023BANK Nifty Spot : 45156.40
Dear Followers Kindly Don't Take Any Buy or Sell Trades Today... Please Watch My Option Level One Week.
Draw Buy, Sl, T1 to T5 Lines In Your Broker Application
Trailing Purpose Only.
Option Strike : 45000 CE :
Buy At : 366, Sl : 238
Target : 458
Target : 549
Target : 641
Target : 732
Target : ++++++++
Option Strike : 45000 PE :
Buy At : 110, Sl : 72
Target : 138
Target : 165
Target : 193
Target : 220
Target : +++++++++
Every Target Is An Entry Point. First You Conform The Trend..
Market Goes Uptrend Or Downtrend. Then Only You Entre or buy The Strike.
If You Enter Stop Loss is Below The Target 20 To 30 Points.. Otherwise You Loss The Money.
Kindly Watch My Break Even Point. Every Day.
Above The Break Even Point UPTREND Starts
Below The Break Even Point DOWNTREND Starts.
Don"t Enter Blindly.
Bankniftylevels
BANKNIFTY--Trendline or Bearish Gap??After successfully breaking the trendline, the price exhibited a robust upward momentum, breaching the formidable resistance level at 45,100.
However, there's a notable bearish gap left at 45,650 levels on the upper side. Conversely, there exists a trendline on the lower side that could potentially propel the price upward again.
In this scenario, the trading strategy to consider is as follows: If the price retraces to these zones, it may present a buying opportunity at the trendline, with a potential plan to explore short positions near the bearish gap.
It's worth noting that, before attempting to close the bearish gap, the price might offer a retest of the trendline, providing traders with an opportunity to enter long again from this place.
Note::
A consolidation is going to observe while reaching the trendline, we have strong resistances below, buyers are attempting to take the price to higher levels from this places, but be safe at any place they can take the price again. Keep exit positions while testing these resistances.
Will see what happens in the next sessions.
11 SEPT 2023 BANKNIFTY SUPPORT AND RESISTANCE LEVELSHello Guys,
Good Morning everyone,
According to the data today market is going to open Gap-UP
After A Gap-Up opening if Banknifty sustain Above 45400 and taking Support from 45400 then open target for T1-45600,T2-45700,T3-45800
If the Banknifty Gap-Up opening sustain Below 45000 and taking resistance below 44900 then the open Targets for T1-44700,T2-44600,T3-44500
Major Levels 45000,45400,44500
If the market stande in this area of 44500 to 45300, then it is possible that even today the market will remain in the range.
BANKNIFTY-- Bearish channel Breakout ??price is exactly closed in the resistance zone again.
Broken the trendline strongly...
broken the bearish channel strongly.
Today after showing strong bearish momentum price showing strong bullishness, finally closed at resistance zone.
price is now above the bearish channel...
if this resistance zone,resist the price to go up it will fall upto the bearish channel.
If price falls below the bearish channel again...
price again chance of falling downside.
Previous resistances, gives support price is bullish again and will break 45100 levels soon.
Consolidation may happens, before going to break the resistance.
will see what happens in the next session.
08 SEPT 2023 BANKNIFTY SUPPORT AND RESISTANCE LEVELSHello Guys,
Good Morning everyone,
According to the data today market is going to open Gap-UP
After A Gap-Up opening if Banknifty sustain Above 45000 and taking Support from 45000 then open target for T1-45200,T2-45300,T3-454 00
If the Banknifty Gap-Up opening sustain Below 44500 and taking resistance below 44500 then the open Targets for T1-4430,T2-44200,T3-44100
Major Levels 44500,44500,44800
If the market stande in this area of 44500 to 45000, then it is possible that even today the market will remain in the range.
BANKNIFTY--Gap Up or Gap Down??Price is rejected from the trendline again and closed exactly at the trendline...
Price is given us discount @44250 level.
if tomorrow breaks this trendline, it will not test this trendline immediately...
It will reach any one of the resistance and then come back...
If opens downside...we will wait for an up move or downside continuation...
If a gapdown occurs sellers may exit or continue to take it down...we have to wait and see what happens.
If they want to break it...price will open above and continue to move upwards..and then back to the trendline from the above resistances.
will see it in the next session.
07 SEPT 2023 BANKNIFTY SUPPORT AND RESISTANCE LEVELSHello Guys,
Good Morning everyone,
According to the data today market is going to open Gap-Down
After A Gap-Down opening if Banknifty sustain Above 44650 and taking Support from 44650 then open target for T1-44700,T2-44900,T3-45000
If the Banknifty Gap-Down opening sustain Below 44200 and taking resistance below 44200 then the open Targets for T1-44000,T2-43800,T3-44700
Major Levels 44500,44200,44600
If the market stande in this area of 44200 to 44600, then it is possible that even today the market will remain in the range.
06 SEPT 2023 BANKNIFTY SUPPORT AND RESISTANCE LEVELSHello Guys,
Good Morning everyone,
According to the data today market is going to open Flat
After A Flat opening if Banknifty sustain Above 44650 and taking Support from 44650 then open target for T1-44700,T2-44900,T3-45000
If the Banknifty Flat opening sustain Below 44400 and taking resistance below 44400 then the open Targets for T1-44300,T2-43100,T3-44000
Major Levels 44500,44200,44600
If the market stande in this area of 44500 to 44700, then it is possible that even today the market will remain in the range.
BANKNIFTY--Trending or Ranging??Price is clearly in a range...
today price broken the trendline and failed to take the support of the trendline ..
as a result fall happens...
On top we have 44800 is a crucial resistance...
On bottom side a strong bullishness is observed at 44250 levels.
As of now no bearishness, if price breaks on bottom side consider it as a retracement..
[INTRADAY] #BANKNIFTY PE & CE Levels(05/09/2023) Today will be gap up opening in BANKNIFTY . After opening if banknifty sustain above 44550 level then possible upside rally of 400-500 points upto 44950 Level. And this rally can extend for another 400 points if it gives breakout of 45050 level. Any Major downside only expected in case banknifty starts trading below 44450 level.
05 SEPT 2023 BANKNIFTY SUPPORT AND RESISTANCE LEVELSHello Guys,
Good Morning everyone,
According to the data today market is going to open Gap-Down
After A Gap-Down opening if Banknifty sustain Above 44500 and taking Support from 44500 then open target for T1-44700,T2-44900,T3-45000
If the Banknifty Gap-Down opening sustain Below 44000 and taking resistance below 44000 then the open Targets for T1-43900,T2-43800,T3-43600
Major Levels 44500,44200,44600
If the market stande in this area of 44500 to 44000, then it is possible that even today the market will remain in the range.
BANKNIFTY-- Liquidity @45200 ?A strong bullish move is observed from the 43800 levels...previously a strong support now acts as support again.
If tomorrow price wants to break the channel on top side...
it has to break 2 resistances at 44800 and 45000 levels..
which are considered as strong levels of resistance.
But the liquidity is lies on above these 2 resistances..
so in the next session if price gives us any retracement to 44200-44300 will be on buy side
up to these 2 resistances... until clears the liquidity.
Case 1::
If price breaks 44800 resistance and gives us retracement will be on buy side...
Case2 ::
If no retracement is given, then price will definitely in consolidation before breaking these 2 resistances...consider entry at channel bottoms
Case3 ::
Opens up and continue to move towards 45200 levels...
enters long on break and retest of any resistance.
If price stops then sellers will try to push it downwards...so a strong push will happens...
case 4 :: Opens flat and gives us some discount @44200 levels...then also be long...
Will see in the next session what happens...
[INTRADAY] #BANKNIFTY PE & CE Levels(04/09/2023) Today will be gap up opening in BANKNIFTY . After opening if banknifty sustain above 44550 level then possible upside rally of 400-500 points upto 44950 Level. And this rally can extend for another 400 points if it gives breakout of 45050 level. Any Major downside only expected in case banknifty starts trading below 44450 level.
04 SEPT 2023 BANKNIFTY SUPPORT AND RESISTANCE LEVELSHello Guys,
Good Morning everyone,
According to the data today market is going to open Gap-Up
After A Gap-Up opening if Banknifty sustain Above 44500 and taking Support from 44500 then open target for T1-44700,T2-44900,T3-45000
If the Banknifty Gap-Up opening sustain Below 44000 and taking resistance below 44000 then the open Targets for T1-43900,T2-43800,T3-43600
Major Levels 44500,44200,44600
If the market stande in this area of 44500 to 44000, then it is possible that even today the market will remain in the range.
01 SEPT 2023 BANKNIFTY SUPPORT AND RESISTANCE LEVELSHello Guys,
Good Morning everyone,
According to the data today market is going to open Gap-Up
After A Gap-Up opening if Banknifty sustain Above 44200 and taking Support from 44200 then open target for T1-44300,T2-44400,T3-44500
If the Banknifty Gap-Up opening sustain Below 44000 and taking resistance below 44000 then the open Targets for T1-43900,T2-43800,T3-43600
Major Levels 44000,44200,43900
If the market stande in this area of 44200 to 44000, then it is possible that even today the market will remain in the range.