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Bankniftylevels

BANKNIFTY--Inside Candle + Upside = Fall ??After Showing strong Bullish Pressure towards new ATH, price showing strong bearish pressure. price also forms a inside candle, and yesterday shows a strong bullish momentum again. if this bullish momentum sustains...or falls again. Considering that inside candle as consolidation at Previous ATH levels, and shows us a bullish momentum, so if we consider this as Bearish Pressure + Consolidation + Upside = Great fall. if we observe after breaking the trendline no retest is observed in higher timeframes, a strong bullish move is observed from 44700-44750 levels. if price failed to take the help of previous HH, and bottom side Demand fails, we can expect a strong fall. Will see what happens in live market... Thanks for your support.
NSE:BANKNIFTY
by IIT-Trader
4
BANKNIFTY--Drop Base Drop ??Price broken the trendline and retested, we will enter in short side...Our target gets hit. price again on the other side broken the trendline and we enter in long side.. our stop loss hits. now price is near to the major trendline break... in bigger time frame price broken bullish channel... and in smaller time frames...it is again in channel... so tomorrow if price again reversed from the major trendline, looks for buyside... Price is without touching the resistance showing bearishness, to trap the early sellers. now we have to observe price will again bullish from drop base drop... so will see what happens in the next session.
NSE:BANKNIFTY
by IIT-Trader
25
2 AUGUST 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 45600 and taking Support from 45600 then open target for T1-45800,T2-46000,T3-46200 If the Banknifty Gap-Down opening sustain Below 45500 and taking resistance below 45500 then the open Targets for T1-45300,T2-45200,T3-45000 Major Levels 45500,45400,45600 If the market stande in this area of 45800 to 45500, then it is possible that even today the market will remain in the range.
NSE:BANKNIFTY
by mr_bull10
BANKNIFTY-- Double Top Formed??Bank nifty Index has formed a double top price has formed a double top, with a break of demand and price is retraced back to fall again. If price wants to fall from strong resistance area, tomorrow price will again test the strong resistance at 45900 level.keep on buyside until this area. we have a bearish Gap and Strong resistance. Until price fills these we can't be on bearish side... we have a trendline confirmation as well...price has taken the support from trendline multiple times, until price breaks the trendline and retest don't go for short side...
NSE:BANKNIFTY
by IIT-Trader
30
1 AUGUST 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 45400 and taking Support from 45500 then open target for T1-45800,T2-46000,T3-46200 If the Banknifty Gap-Down opening sustain Below 45500 and taking resistance below 45500 then the open Targets for T1-45300,T2-45200,T3-45000 Major Levels 45500,45400,45000 If the market stande in this area of 46000 to 45800, then it is possible that even today the market will remain in the range.
NSE:BANKNIFTY
by mr_bull10
BANKNIFTY--Retracement or Fall ??Price broken the strong demand zone by opening gapdown, and starts consolidation immediately...at the end it tested the demand again. price exactly closed by testing the demand zone, if price wants to fall continuously, tomorrow again it opens down and fall to below levels. if price wants to give some retracement, it will again test the previous ATH level... where previously strong fall happens.... If tomorrow price opens below levels, will look for long in this place... previously multiple times price got rejected from this level. may acts as support....keep track this levels.... Today we will not get any entries on any side...it is in consolidation range, till the end. will see in the next session what happens.
NSE:BANKNIFTY
by IIT-Trader
35
BANK NIFTY INTRADAY LEVELS FOR 31/07/2023BUY ABOVE - 45600 SL - 45480 TARGETS - 45800,45940,46100 SELL BELOW - 45290 SL - 45380 TARGETS - 45100,44920,44800 Previous Day High - 45730 Previous Day Low - 45240 I am sharing BANK NIFTY levels this levels acts as important support & resistance for intraday. if you want to trade with this levels wait for 15 min Candle closing above that levels. You can trade with breakout and reversal both. Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day. Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move. Please NOTE: this levels are for intraday trading only. Disclaimer - All information on this page is for educational purposes only, we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made. Request your support and engagement by liking and commenting & follow to provide encouragement HAPPY TRADING 👍
NSE:BANKNIFTY
by Jagadheesh_JP
28 JULY 2023 EXPIRY DAY 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 46000 and taking Support from 46000 then open target for T1-46200,T2-46300,T3-46500 If the Banknifty Gap-Up opening sustain Below 45700 and taking resistance below 45700 then the open Targets for T1-45600,T2-45500,T3-45400 Major Levels 46000,46200,45800 If the market stande in this area of 46000 to 45800, then it is possible that even today the market will remain in the range.
NSE:BANKNIFTYLong
by mr_bull10
BANKNIFTY-- @Triangle Breakout Level??If we look at the chart price breaking the trendline and moving super bullish... after breaking the trendline price moving like a rocket. Today after breaking the trendline price is not moving much points.... it's slowly moving to the upside.. Case 1:: What happens if price not able to move upside:: If tomorrow price opens gap up and it has to move upside, if its bullish again. Case2 :: If price opens gap down its clearly indicating bearish sign. sellers will immediately take the price downwards...so no more bullishness in the market. consider end of bullishness. If tomorrow price falls below the trendline again... we will wait for the perfect place to enter for short again. by keeping the stop loss above the previous strong fall high. targets up to the Demand and bullish gap point only. If price breaks the 45600 level, we will notice a strong fall happens up to 45200 area where there is more liquidity, to eliminate all the buy orders. After a strong fall from the area 46100 level, today again price comes back to the same level.. To test the supply zone price is moving in a bullish channel... so until price breaks this and retest will not go for short side.... Note :: some times price opens up or down and fills the gap and continue fall or rise again...so be cautious in such cases. will see what happens in the next session. Disclaimer - All information on this page is for educational purposes only, we are not SEBI Registered.
NSE:BANKNIFTY
by IIT-Trader
43
BANKNIFTY--Trendline Breaks ??Price opens gap up above the trendline, and failed to take the help of trendline. sellers are aggressively taken the price towards demand zone. Reached our targets on bottom side up to demand zone. now interesting point is, price exactly closed at the previous supply zone, where previously a strong sell off is observed. If price wants to go downside, this is the place to take it downside...as already discussed earlier. we will go for buying only if trendline acts as support, we will initiate a long entry... if demand breaks and gives us pullback will enter on short side, with small stop loss. In smaller time frame, price broken the trendline and closed below it. will see what happens tomorrow in live.
NSE:BANKNIFTY
by IIT-Trader
61
BANKNIFTY--Breakout or Breakdown??Price is continuously rejected to the upside from 45900 zone.... but failed to move upside... if price breaks and retest will go for upside... if price breaks below,45900 level, we will look for buy side in the demand zone @45600 level.. tomorrow also price mostly in a range...if falls below 45900. bottom demand pushes the price up...multiple rejection area will pushes the price down.. we have a bullish gap left behind the demand zone...keep an eye on these levels. until price breaks these we cannot say anything further momentum. so tomorrow mostly price is in consolidation...between the demand and HH, if falls below 45900 If price breaks the trendline and gives us retest will go for buying...up to the ATH Level. will see what happens tomorrow...in live market.
NSE:BANKNIFTY
by IIT-Trader
35
BANKNIFTY--Plan A or Plan B ??Observations:: Today's Interesting point is price opens Gap down, indicating that buyers are not interested to go beyond this level. A strong bearish pressure is observed from the levels 46400. price tested the HH, Previous HH, at 45900 levels, and price can't make a High again, and a sign of strong bearishness is observed from 46200 levels.. we have a chance of Gap down on Monday, and test the bottom side demand zone which is @45600 levels. Plan A: if price opens gap down and after testing the demand zone, price again breaks 46200 level, if it wants to go up it has to take the help of previous ATH. Because selling pressure from 46400 level, will again pushes the price down side and P.ATH is responsible for pushing the price upside. Plan B:: After testing the demand zone, previous resistance acts, again as resistance price falls again to bottom levels. Now our key level is 45900-45800 is the only level, that can push the price up or down. will see what happens on live market in the upcoming session. Thank you for your support guys....Happy weekend.
NSE:BANKNIFTY
by IIT-Trader
45
24 JULY 2023 EXPIRY DAY 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 46200 and taking Support from 46200 then open target for T1-46300,T2-46500,T3-46600 If the Banknifty Flat opening sustain Below 45800 and taking resistance below 45800 then the open Targets for T1-45700,T2-45600,T3-45400 Major Levels 46000,46200,45800 If the market stande in this area of 45800 to 46200, then it is possible that even today the market will remain in the range.
NSE:BANKNIFTY
by mr_bull10
21 JULY 2023 EXPIRY DAY 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 46000 and taking Support from 46000 then open target for T1-46200,T2-46300,T3-46400 If the Banknifty Gap-Down opening sustain Below 46000 and taking resistance below 46000 then the open Targets for T1-45800,T2-45700,T3-45500 Major Levels 46000,46200,45800 If the market stande in this area of 45800 to 46200, then it is possible that even today the market will remain in the range.
NSE:BANKNIFTY
by mr_bull10
BANKNIFTY--Expiry Bullish or Bearish??After a strong move to the upside sellers pushed the price immediately downwards with strong bearish pressure.. today again sellers tried to move the price downwards and failed.. buyers taken the price again upside... one more interesting point is price is exactly closed @previous ATH level. from this level previously a strong selloff is observed... if sellers want to take the price down...this is the place they will try to push it down. so if tomorrow again price opens here...they definitely push down again. We may observe a gap down as well...if its a bearish sign. After a strong push to downwards, sellers failed again to take it downside.., means a sign of weakness in bearishness leads to bullish again... If tomorrow again price push downwards from New ATH, the area of value again push the price up... if old ATH is also push the price downside...we observe a trending bearish expiry. if price rejects from New ATH, and old ATH gives us support price is a bullish again.. and expiry is bullish. All this is pre and post market analysis..live market is entirely different from this. so will see what happens in live market.
NSE:BANKNIFTY
by IIT-Trader
25
20 JULY 2023 EXPIRY DAY 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 45500 and taking Support from 45500 then open target for T1-45600,T2-45700,T3-45900 If the Banknifty Gap-Up opening sustain Below 44500 and taking resistance below 44500 then the open Targets for T1-44400,T2-44200,T3-44000 Major Levels 45400,45600,45500 If the market stande in this area of 45500 to 45700, then it is possible that even today the market will remain in the range.
NSE:BANKNIFTY
by mr_bull10
BANKNIFTY--Retracement or Reversal ??Observations:: After a gap up opening price is reversed immediately.... can we consider this as a buyers exhaustion... The previous bearish gap is resisting the price to go down... if this failed we have an immediate support in the form of resistance acts as support... previous multiple times that price got rejected from the same zone can push the price up... until these zones failed to acts as support, then only will go for short side... if todays bearish move is a retracement, then tomorrow we will observe a bullish momentum again.. if it is a bearish sign, resistances failed to acts as support a strong fall is going to observe... If today's move is strong bearish and again rejects from top will be on bearish side up to...45100 levels. Yesterday A strong bullish move is initiated to exit all the long positions... then it will be fall again... we will see what happens in the live market...
NSE:BANKNIFTY
by IIT-Trader
46