Sell on rise till index trading below 44100Index consolidating near resistance if we are unable to break 41100 then there is a high possibility of correction from this level.keep inde in raadar
Bankniftylevels
BANKNIFTY--Bearish or Bullish??The demand zone @ 43900 acts as supply zone and price falls back, below 43900 levels.
the previous demand zone @ 43450 level acts as support again and price moved back to the supply zone created at 43850 levels.
@this level previously a strong sell off is observed, after strong sell of price is consolidated and moved up again.
while breaking this area we will again see some consolidation, if price opens still in this range, consolidation to downside is observed.
if 43900 -43850 level acts as resistance price will fall back to below 43300 levels.
key level of support 43100-43000.
Note::
In Higher time frame still the trend is uptrend.. keep in mind, this is the phase to observe if it is a bearish turn or bullish again .
As a expiry today, price is still in the range 43300 - 43850 range.
18/05/2023 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 44000 last day high above and taking Support from 44000 then open target for T1-44400,T2-44400,T3-44500
If the Banknifty after a Gap-Up opening sustain Below 43800 and taking resistance below 43800 then the open Targets for T1-43700,T2-43600,T3-43500
Major Levels 44000,43800,43500
Bank Nifty = Heading to All Time High?Let's see what happens to Future Chart as Spot has already touched its High
17/05/2023 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 442000 last day high above and taking Support from 44200 then open target for T1-44300,T2-44400,T3-44600
If the Banknifty after a Gap-Down opening sustain Below 43800 and taking resistance below 43800 then the open Targets for T1-43600,T2-43500,T3-43400
Major Levels 44000,43800,43500
BANKNIFTY Up Side Level 16May2023As per my analysis if NSE:BANKNIFTY 45min candle closed above level of 44151, then we can see up side move up to level of 45380.00 on positional basis. We can expect correction only if it break and sustained below down side level of 43872.
Note: This is my personal analysis, only to learn stock market behavior. Thanks.
16/05/2023 BANKNIFTY SUPPORT AND RESISTANCE ZONEHello Guys,
Good Morning everyone,
According to the data today market flat is going to open
After A flat opening if Banknifty sustain Above 442000 last day high above and taking Support from 44200 then open target for T1-44300,T2-44400,T3-44600
If the Banknifty after a flat opening sustain Below 44000 and taking resistance below 44000 then the open Targets for T1-43800,T2-43600,T3-43500
Major Levels 44000,44200,43500
15/05/2023 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 43900 and taking Support from 43900 then open target for T1-44000,T2-44200,T3-44400
If the Banknifty after a Gap-Down opening sustain Below 43500 and taking resistance below 43500 then the open Targets for T1-43300,T2-43100,T3-43000
Major Levels 43500,43400,44000
12/05/2023 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 43800 and taking Support from 43800 then open target for T1-43900,T2-44000,T3-44200
If the Banknifty after a Gap-Down opening sustain Below 43500 and taking resistance below 43500 then the open Targets for T1-43300,T2-43100,T3-43000
Major Levels 43500,43100,43800
11/05/2023 BANKNIFTY SUPPORT AND RESISTANCE ZONEHello Guys,
Good Morning everyone,
According to the data today market Falt is going to open
After A Falt opening if Banknifty sustain Above 43700 and taking Support from 43700 then open target for T1-43800,T2-44000,T3-44200
If the Banknifty after a Falt opening sustain Below 43500 and taking resistance below 43500 then the open Targets for T1-43300,T2-43100,T3-43000
Major Levels 43500,43400,43600
BANKNIFTY--Expiry above 43600 or below 43000 ??Observations:
BANKNIFTY--showing bearish pressure after opening gap up, falls below 43000, clearly showing 43000 is not a support ,with the help of 43000 price again tested the supply zones @43500-43600.
----------->>If tomorrow again showing bearish pressure @43600 levels, go for selling below 43350 levels for target of 43000,42850,42500 levels.
------>> Price range between 43600 below and 43850 levels.
-----------------------------------------------------------------------------------------------
If price consolidates between 43400-43600 levels, price will go up.
BANKNIFTY-- If 43400 resist,43000 will acts as Support?? Observations:
------->>After A strong fall price showing bullish movement towards 42400 levels,
-------->>Previous strong resistance @42700 acts as support and showing bullish pressure towards 43000,43400 levels.
------->> If 43400-43350 level acts as Resistance(Previous Demand Zone) price will again fall from this level.
--------->>previously Strong rise happens from @43400-43350 levels, also be careful at this level before long will again see some bearishness in this zone.
note:
Tomorrow mostly price consolidates between these 2 levels.
If 43350-43400 level acts as resistance ,and the zone @43000-43100 previous resistance(If turned to support),then only price is bullish again.
If 43000 level failed to acts as support, price again fall back to below 42700 levels . Careful at these levels.
10/05/2023 BANKNIFTY SUPPORT AND RESISTANCE ZONEHello Guys,
Good Morning everyone,
According to the data today market Falt is going to open
After A Falt opening if Banknifty sustain Above 43500 and taking Support from 43500 then open target for T1-43600,T2-43700,T3-43900
If the Banknifty after a Falt opening sustain Below 43100 and taking resistance below 43100 then the open Targets for T1-43000,T2-42900,T3-42800
Major Levels 43500,43400,43200
Banknifty 10/5/2023 trading levels Banknifty 10/5/2023 trading levels . Use these 15 minutes levels for your intraday trades.
09/05/2023 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 43400 and taking Support from 43400 then open target for T1-43500,T2-43600,T3-43700
If the Banknifty after a Gap-Down opening sustain Below 43200 and taking resistance below 43200 then the open Targets for T1-43100,T2-43000,T3-42800
Major Levels 43300,43400,43200
BANKNIFTY--42700-42650 acts as Support??Observations:
After A strong fall price mostly enters into consolidation stage.
Previous strong resistance @42700 broken and showing bullish pressure towards 43000,43600 levels.
(Price broken the 42700-42650 zone to downside and closes inside this zone.)
If the same level acts as support price will again rise from this level,
Strong fall happens from @43200-43100 level also be careful at this level before long will again see some bearishness in this zone.
Try to be on the long side from 42700-42620 levels to reach 43000-43200 levels.
Go long:
Above 42850 to reach 43000,43100 levels.
Short: Don't think of Short now. be on short side from 43200 levels up to 42850,42700 only.
price breaks 42620 and gives retest go short for 42400 levels.
08/05/2023 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 42500 and taking Support from 42500 then open target for T1-42700,T2-42900,T3-43000
If the Banknifty after a Gap-Up opening sustain Below 42500 and taking resistance below 42500 then the open Targets for T1-42400,T2-42200,T3-42000
Major Levels 42500,42600,42700
#Banknifty Monday trading levels #Banknifty Monday trading levels , Still bear trend not confirmed. Wait for a strong breakout below 42400 to confirm.
05/05/2023 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 43500 and taking Support from 43500 then open target for T1-43700,T2-43900,T3-44000
If the Banknifty after a Gap-Down opening sustain Below 43200 and taking resistance below 43200 then the open Targets for T1-43000,T2-42800,T3-42700
Major Levels 43000,43200,43500
BANKNIFTY--Bullish again from 43500??Observations:
------->> We have a Untested Supply zone @43800-43900 level , price have to give respect to this level. Keep long until this level only.
--------->>BANKNIFTY again showing bullish pressure at the end of the session, and broken the previous resistance @43500-43600 level , if this level which is previous Resistance if acts as support price is bullish up to 43800-43900 level only.
--------->>Go Long :
If price comes back to 43500, go long for targets of 43800-43900 level.
Price reversal from this zone(43800-43900) but overall momentum is still positive only, wait until further price action to be noticed.
Gap downs may also occur at this level be careful here.
Short : Don't think of short now, look for buy @43500-43600 level.
Until price breaks 43500-43460 level, and the same level acts as resistance then only we have a sell possibility. Keep on long from 43500 to 43900 level.
04/05/2023 BANKNIFTY SUPPORT AND RESISTANCE ZONE
Hello 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 43480 and taking Support from 43480 then open target for T1-43600,T2-43700,T3-43900
If the Banknifty after a Gap-Down opening sustain Below 43100 and taking resistance below 43100 then the open Targets for T1-42900,T2-42800,T3-42700
Major Levels 43000,43100,43500
05/03/2023 BANKNIFTY SUPPORT AND RESISTANCE ZONE
Hello 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 43550 and taking Support from 43550 then open target for T1-43700,T2-43800,T3-43900
If the Banknifty after a Gap-Down opening sustain Below 42900 and taking resistance below 42900 then the open Targets for T1-42800,T2-42700,T3-42500
Major Levels 43000,43400,43500
BANKNIFTY-Trendline Holds or Buyers Exhausted?? BANKNIFTY has been on an upward trend for quite some time now, but it seems like it may be time for a correction at the strong resistance level of 43600.
Observations:
----->>However, the trendline is currently acting as a support and the price is still moving up.
------>>Just yesterday, the strong resistance at 43000 was broken, so it's possible that it may now act as a support level.
----->>If the price falls below 43000 again, it's uncertain which level will hold.
Which Level Holds:
In the past, the price faced difficulties going up at 42700 and failed.
But now, that same level may act as support to go higher. It's recommended to stay on the long side until the price breaks below 42700.
-------->>
If price breaks 42700 and facing resistance @43000 or 42850 level and again breaks 42700 , go for short 42500,42300,42000.
