Tomorrow banknifty levels Buy banknifty above 43130
Target 43206 43325 43417 43513
Sl 43000
Sell Banknifty below 42948
Target 42870 42742 42665
Sl 43010
For last 9 session banknifty was on range we expect tomorrow the same
Bankniftylevels
Bank Nifty Bullish and Bearish ViewTrade at trendline breakout/break down. A big move will happen because of all the consolidation since the past few days.
Pin Point prediction Of Bank Nifty For 8-12-22Hello Traders,
The marking of this chart price action was posted yesterday , along with the trade ide to make your trading easy without confusion. You can see the accuracy of price movements And for tomorrow's price action can check below.
Yogesh Vats
07/12/2022 BANKNIFTY SUPPORT AND RESISTANCE ZONEHello Guys,
Good Morning Everyone,
According to the data the market is going to open flat today.
If the Banknifty sustains below yesterday's low by opening flat, then you can open a target of 42800 - 42650.
And if the Banknifty sustains above 43200 by opening flat, then you can open the target at 43500.
43050 to 43200 is a swing zone, you can avoid that area
Major level 43000,43200
Triangle Pattern The index is trading in a range for almost 23 days and now its forming a triangle type pattern.
06/12/2022 BANKNIFTY SUPPORT AND RESISTANCE ZONEHello Guys,
Good Morning everyone,
According to the data today the Banknifty will open small gap down
Open target 42800 - 42600 if Banknifty breaks 43000 today with gap down and sustains below 43000.
After a small gap down if Banknifty take support last day swing area 43150 level . then open target for last day high 43370
Major level 43150,43000
Nifty Bank Levels & Strategy for 06/Dec/2022Dear traders, I have identified chart levels based on my analysis, major support & resistance levels. Please note that I am not a SEBI registered member. Information shared by me here for educational purpose only. Please don’t trust me or anyone for trading/investment purpose as it may lead to financial losses. Focus on learning, how to fish, trust on your own trading skills and please do consult your financial advisor before trading.
Bank Nifty: Options data indicating mild bullishness. Smart money/big players are adding bullish positions. However, as a retail investor, we should continue to book profit near new lifetime high & wait for good trade setup/good buy on dips opportunities.
Red Flags to keep in mind for coming days:
1.Today, RBI meeting started. Reserve Bank of India (RBI) is likely to go ahead with another rate hike (approx. 0.25%) on Dec-07 then what will happen in banking stocks?????
2.USA Fed meeting (next week). Another rate hike of 0.75% is likely to happen.
3.Gujrat results on Dec-08. Exit-poll stuff started today evening.
Is volatility likely to grow in coming days????? Please trade carefully with hedged positions (overnight)/strict SL (intraday)
Please find below scorecard, PCR update & options statistics for your reference:
BANK NIFTY SCORECARD DATED 05/DEC/2022
BANK NIFTY IS UP BY 229 POINTS
Name Price Previous Day Change % Change
Bank Nifty 43333 43104 229.20 0.53%
India VIX 13.73 13.45 0.28 2.10%
OPTION STATISTICS BASED ON 08/DEC/2022 EXPIRY DATA
Max OI (Calls) 43500 (Open Interest: 2402925, CE LTP: 162.15)
Max OI (Puts) 43000 (Open Interest: 3428300, PE LTP: 109.2)
PCR 1.08 (PCR is in buying Zone)
Bank Nifty Calls:
ATM: Long Buildup, OTM:Long Buildup, ITM:Short covering, FAR OTM:Long Buildup
Bank Nifty Puts:
ATM: Short Buildup, OTM:Short Buildup, ITM:Short Buildup, FAR OTM:Short Buildup
Bulls are in-charge, Price may see 43600 Index moving HH pattern and its forming a rising wedge, for intraday basis we may see 43600 tomorrow as per current pattern and then a profit booking is possible.
Pin Point prediction Of Bank Nifty For 6-12-22Hello Traders,
This post provides you the levels , I shared for today's trading where every action and reaction price used the se marking. Iy means you had the idea where market is going to take support and resistance. How to trade with these marking a detailed trade plan was discussed, check below. To make your trading easy , I share every day markings and trade plan. Hope you would find it easy to understand .
Yogesh vats
05/12/2022 BANKNIFTY SUPPORT AND RESISTANCE ZONEHello Guys,
Good Morning Everyone,
According to the data, the Banknifty is going to open a small gap today.
Open target for 42700 level if small gap up opens and breaks last day low (42900) by making 43300 resistance.
And if gap down makes last day low as a strong support and breaks 43300, and sustains above, then open target for 43500.
Major level 42900,43300,
Plan your long carefully till index trading below 4327543275 may act as crucial resistance, we had seen multiple profit booking from this range previously and may see some more in coming days. Till index is trading below this level we have a high possibility of correction in market so plan our longs carefully
Pin Point predictions Of Bank Nifty For 5-12-22Hello Traders,
The posted marking levels were shared one day back and you can see how fantastically , they worked . To make you trading easy. with complete details of trade plan can check below.
02/12/2022 BANKNIFTY SUPPORT AND RESISTANCE ZONEHello Guys,
Good Morning Everyone,
According to the data, the Banknifty flat is going to open today.
If the Banknifty opens a small gap down and moves to the upside, making 43200 a support, then the target will be the last day high
And if the Banknifty opens small down and sustains below 15 candles 43200 then opening the target previous day low target
Major level 43500,43200,43000,42800
Pin Point Prediction for Bank Nifty 2-12-22Hello Traders,
This post shows the marking levels prediction done for this day trading . The accuracy you can yourself feel in form of price action. Now what is going to happen tomorrow that I discussed in detail for making your trading easy, can check below.
Yogesh Vats
Tomorrow banknifty levels We can see a great buy in banknifty on last 15m but it can close by making bearish engulfing on the top so we can expect some selling in morning if market was open below the engulfing candle and nxt candle can go down.
Sell Banknifty below 43200
Target 43130 43040 43985 43874
Sl 43280
Buy banknifty above 43284
Target 43350 43450 43600
Sl 43140
Ready for 43600 ??Today market was volatile as expected and trade setup shared in video, market is expected move higher tomorrow.
Pin Point Predictions Of Bank Nifty For 1-12-22Hello Traders,
This post was created yesterday with complete predictions in form of marking and trade idea. You can see the accuracy of marking . If want to more in detail about tomorrow trade direction and set up then can check below. My bit is to make your trading easy.
Yogesh Vats
30/11/2022 BANKNIFTY SUPPORT AND RESISTANCE ZONEHello Guys,
Good Morning Everyone,
According to the data, even today the market is about to open flat.
As soon as the Banknifty opens flat, if it builds support above 43100 and breaks the high of the last two days, then open target 43500 will be a new high.
And if Banknifty opens flat and breaks low of last day in 15 minutes candle and sustains below then open target 42800 - 42600
Major level 43300, 43000,42800
Pin Point predictions Of Bank Nifty For 30-11-22Hello traders,
This post shows the marking Prediction done for today's trading. You can see price reacted on the se marked levels. For detailed analysis to understand with my prediction for tomorrow , can check it below. This will definitely make your trading easy.
Index going for M Pattern, high probability below 42950if we break 42950 then there is a high possibility that index may form M type pattern. initiate your longs carefully.
29/11/2022 BANKNIFTY SUPPORT AND RESISTANCE ZONEHello Guys,
Good Morning Everyone,
According to the data, even today the Banknifty may open a small gap down.
If the gap down opens and supports the swing zone(42900) of the Banknifty last day, then the banknifty can go to 43000 - 43100 means last day high.
If gap down as well as break the last day low by making last day swing zone as resistance then Banknifty can go to 42700-42500
Trade Setup for 29th NovAs shared in Yesterday's analysis price acted, observed a good bounce from 42700 level and price moved nearly 400 + points.
> for 29th -
Index is in consolidation zone and can see a good move upon breaking the zone in either side.
