Bankniftylevels
BankNifty Intraday for 16th Jan 2023#banknifty has given a "V" shaped recovery on Friday's trading session and closed positively on the last week. The main question is, "Does the move continue, or will it go back into a range?" As per the chart, the current market structure is favourable, supported by global cues.
15 Minute TF to find the best opportunity in intraday on January 16
In Friday's trading session, the index tested its low and recovered immediately. That support has been valid since December 26 and has been rejected several times, indicating how strong the level is, so "high probability trade is on the long side," but which level is the most important thing to know? We have multiple XABCD patterns on the chart that we can use for the entry and target.
The intraday range is 42,270 to 42,500.
Long can build above 42,500 for the target of 42,640/42,792
The short position, which is against the current market structure, can make lower than 42,270 for the target of 42,130
Pin Point Predictions Of Bank Nifty For 16-1-23Hello Traders,
A very small initiative to make your trading easy with the help of my experience and knowledge gained in last 17 years. This chart is posted to clear all confusion of trading two days ago for 13-1-23 trading. Complete price action discussed in detail with Monday predictions check below.
13/01/2023 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 openaning if Banknifty sustain above 42000 and taking support from 42000 then open target for T1-42400,T2-42400,T3-42600
If the Banknifty after a Gap-Up opening make resistance 420000 sustain below then the open Traget for T1-41800,T2-41600,T3-41500
Major Levels 42100,42000,42200
12/01/2023 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 openaning if Banknifty sustain above 43000 and taking support from 42200 then open target for T1-42500,T2-42700,T3-43000
If the Banknifty after a Gap-Up opening make resistance 420000 sustain below then the open Traget for T1-41900,T2-41800,T3-41600
Major Levels 42100,42000,42200
BankNifty | Market Prediction for Tomorrrow | 12th Jan | Expiry Hey Friends,
My view sideway to bearish tomorrow and again could be a range bound market. Mark today high and low and both could be reverse side good call. lets say it breaks 41800 then it'll come back and we can have a good CE call but do check the bullish hammer or doji at the bottom and vice versa at the top.
Thanks,
BANKNIFTY : Rejecting BANKNIFTY rejecting yellow resistance we marked last time. it was support at that time and now its become resistance for BankNifty. if it break we can see good up move. Currently we can go with 15 min TF with small SL for trade.
Follow your analysis before entering into trade. i will see during expiry day to enter. for now watching movement and enjoying it.
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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
First Learn and then remove "L" with small SL.
11/01/2023 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 sustain above 42000 and taking support from 42100 then open target for T1-42200,T2-42400,T3-42600
If the Banknifty after a Falt opening make resistance 42000 sustain below then the open Traget for T1-41600,T2-41400,T3-41300
Major Levels 42100,42000,41800
BANKNIFTY FOR TOMORROW(10/01/2023)💚💚Hello ji,🐮🐮🐮
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Today bloodbath in both NIFTY AND BANKNIFTY.
because of 1-> china factor, falloff FII are selling.
2-> fed meeting OUTCOME.
Here all support are breck and big profit also there.
In 15mins banknifty makes a small "W" Patten and again
maybe make a HEAD AND SHOULDERS" Patten.........
thanks you Have good day for Tomorrow.🙏
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10/01/2023 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 from 42500 and sustain above last day high 42716 then open target for T1-43000,T2-43200,T3-43400
If the Banknifty after a Falt opening make resistance 42400 sustain below then the open Traget for T1-42000,T2-41800,T3-41600
Major Levels 42600,42500,42400
BankNifty | 9th Jan Monday | Gap UpHey Friends,
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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.