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Bankniftyoptions

BANKNIFTY--Inverse Head & Sholuder??BANKNIFTY INDEX is created a Demand zone at 45450-45220 zone. If this zone again push the price upside, leads to creates an Right shoulder.. then will observe a inverse Head and shoulders will clearly seen if the same is happens from this demand zone. on topside(Neckline) at 46500-46700 zone is pushing the price downside, continuously. previous support is now acting as a resistance on the topside, as I already explained. so, now we have 2 possibilities:: Long:: Enter long when price comes to Demand Zone. (Or) If price consolidates between the neckline and old support level, then we have a chance of continuation upside. If price failed to create a right shoulder or demand zone fails to push the price upside, then we have short plan, when price consolidates between the head and Demand Zone. then a liquidity grab will be finished on bottom side and price is likely to test the strong demand zones at 43600 levels. will go for short side below demand zones...
NSE:BANKNIFTY
by IIT-Trader
2
01 FEB 2024 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 sustains Above 46200 and takes Support from 46200 then open target for T1-46300, T2-46400,T3-46500 If the Banknifty gap up opening sustains Below 46000 and takes resistance below 46000 then the open Targets for T1-45800, T2-45700,T3-45500 Major Levels 46000,46200,45800 If the market stands in this area of 46000 to 46200 then it is possible that even today the market will remain in the range.
NSE:BANKNIFTY
by mr_bull10
30 JAN 2024 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 sustains Above 45500 and takes Support from 45500 then open target for T1-45600, T2-45800,T3-46000 If the Banknifty gap up opening sustains Below 45500 and takes resistance below 45500 then the open Targets for T1-45300, T2-45200,T3-45000 Major Levels 45500,45700,45300 If the market stands 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
29 JAN 2024 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 sustains Above 45500 and takes Support from 45500 then open target for T1-45600, T2-45800,T3-46000 If the Banknifty gap up opening sustains Below 45000 and takes resistance below 45000 then the open Targets for T1-44800, T2-44700,T3-44600 Major Levels 45000,45200,45500 If the market stands in this area of 45500 to 45300 then it is possible that even today the market will remain in the range.
NSE:BANKNIFTY
by mr_bull10
25 JAN 2024 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 sustains Above 44800 and takes Support from 44800 then open target for T1-45200, T2-45300,T3-45500 If the Banknifty gap down opening sustains Below 44600 and takes resistance below 44600 then the open Targets for T1-44400, T2-44200,T3-44100 Major Levels 45000,45200,44800 If the market stands in this area of 45000 to 45200 then it is possible that even today the market will remain in the range.
NSE:BANKNIFTY
by mr_bull10
24 JAN 2024 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 sustains Above 45300 and takes Support from 45300 then open target for T1-45400, T2-45600,T3-45800 If the Banknifty gap up opening sustains Below 45200 and takes resistance below 45200 then the open Targets for T1-45000, T2-44900,T3-44800 Major Levels 45200,45000,45300 If the market stands in this area of 45000 to 45200 then it is possible that even today the market will remain in the range.
NSE:BANKNIFTY
by mr_bull10
23 JAN 2024 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 sustains Above 46200 and takes Support from 46200 then open target for T1-46400, T2-46600,T3-46800 If the Banknifty gap up opening sustains Below 46200 and takes resistance below 46200 then the open Targets for T1-46000, T2-45900,T3-45800 Major Levels 46200,46000,46400 If the market stands in this area of 46400 to 46200 then it is possible that even today the market will remain in the range.
NSE:BANKNIFTY
by mr_bull10
12 SEPT 2023 BANKNIFTY SUPPORT AND RESISTANCE LEVELSHello Guys, Good Morning everyone, According to the data today market is going to open a gap up After A Gap-up opening if Banknifty sustains Above 47500 and takes Support from 47600 then open target for T1-47800, T2-47900,T3-48000 If the Banknifty Gap-up opening sustains Below 47200 and takes resistance below 47000 then the open Targets for T1-46800, T2-46700,T3-46500 Major Levels 47500,47600,47200 If the market stands in this area of 47800 to 47600, then it is possible that even today the market will remain in the range.
NSE:BANKNIFTY
by mr_bull10
01 JAN 2024 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 sustains Above 48600 and takes Support from 48600 then open target for T1-48700, T2-48800,T3-49000 If the Banknifty gap up opening sustains Below 48100 and takes resistance below 48100 then the open Targets for T1-48000, T2-47900,T3-47700 Major Levels 48200,48400,48500 If the market stands in this area of 48200 to 48500 then it is possible that even today the market will remain in the range.
NSE:BANKNIFTY
by mr_bull10
26 DEC 2023 BANKNIFTY SUPPORT AND RESISTANCE LEVELSBANKNIFTY Hello Guys, Good Morning everyone, According to the data today market is going to open gap up After A gap up opening if Banknifty sustains Above 47400 and takes Support from 47500 then open target for T1-47600, T2-47800,T3-48000 If the Banknifty gap up opening sustains Below 47500 and takes resistance below 47500 then the open Targets for T1-47300, T2-47200,T3-47000 Major Levels 47500,47600,47000 If the market stands in this area of 47600 to 47800 then it is possible that even today the market will remain in the range.
NSE:BANKNIFTY
by mr_bull10
BankNifty should retrace into this Weekly Demand Whenever the Price deviates up from the Moving Average, Price either falls to the EMA or the EMA moves up top the Price, We here see a Fresh Weekly Demand formed which has exceeded the opposite Supply hence a Valid Demand. Price has formed a Daily Supply which has exceeded its opposite Demand hence a Valid Source for a Downtrend, This is the Supply to Demand Equilibrium Curve, showing the odds of long and short positions. One can short after a downward confirmation in 30 mins/1H
NSE:BANKNIFTYShort
by WavesandZones
15 DEC 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 sustains Above 47900 and takes Support from 48000 then open target for T1-48200, T2-48300,T3-48400 If the Banknifty flat opening sustains Below 47500 and takes resistance below 47500 then the open Targets for T1-47300, T2-47300,T3-47100 Major Levels 48000,47500,47800 If the market stands in this area of 47600 to 47800 then it is possible that even today the market will remain in the range.
NSE:BANKNIFTY
by mr_bull10
BankNIFTY prediction for tomorrow 13 Dec 23As we discussed yesterday, Banknifty gave a breakdown and also moved nicely. OI PCR has shifted from 1.17 to 0.80, which indicates huge bearishness. After the breakout, we observed that volume increased significantly at each candle. If we see a 1-day timeframe, we can see it's a confirmed gravestone dogi pattern, which is formed at the top of the trend and shows huge bearishness. We could not achieve our bearish target today; hopefully, it will be achieved tomorrow. Reasons: RSI < 40 (Bearish) successful breakout to the downside. (Bearish) continuous increasing of volume after the breakout. (Bearish) PCR: 1.17 -> 0.80, which is a huge fall. Most of the PE writing was rounded off in 1st half day today. Price < EMA(13,50) (Bearish) Bearish golden crossover. (Bearish) Verdict: Bearish Plan of action: Sell 47200 PE, protect it with hedging.
NSE:BANKNIFTYShort
by finnova_
2
12 DEC 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 sustains Above 47500 and takes Support from 47500 then open target for T1-47700, T2-47800,T3-48000 If the Banknifty flat opening sustains Below 47100 and takes resistance below 47000 then the open Targets for T1-46800, T2-46700,T3-46500 Major Levels 47000,47500,46800 If the market stands in this area of 47200 to 47000 then it is possible that even today the market will remain in the range.
NSE:BANKNIFTY
by mr_bull10
BANKNIFTY prediction for tomorrow 12 Oct 23As we discussed yesterday, Bank Nifty stayed in the upper zone with weak bull power. Also, today, in the last hour, it was huge selling, and the whole day, it was more of a position rounding off because of unstable Bank nifty momentum. If Banknifty breaks the trendline to the downside, then it's highly probable that it will touch the 200 EMA. Reasons: RSI 40-60 mostly. (sideways) 50 EMA is providing a nice support point for BN. ( bullish) Price > EMAs (still bullish) 47500 is having huge CE writing. Lower levels don't have much OI except 47000. PCR = 1.17 (Bullish) (1.45->1.17); it's still bullish, but OI have been fallen significantly. Verdict: It's still bullish unless it breaks to the downside. Plan of action: check initially 15 min momentum. And follow chart levels.
NSE:BANKNIFTY
by finnova_
11 DEC 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 sustains Above 47200 and takes Support from 47200 then open target for T1-47300, T2-47400,T3-47600 If the Banknifty flat opening sustains Below 46500 and takes resistance below 46500 then the open Targets for T1-46400, T2-46300,T3-46100 Major Levels 47000,47200,46800 If the market stands in this area of 47200 to 47000 then it is possible that even today the market will remain in the range.
NSE:BANKNIFTYLong
by mr_bull10
06 DEC 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 sustains Above 47100 and takes Support from 47200 then open target for T1-47300, T2-47400,T3-47600 If the Banknifty Gap up opening sustains Below 46800 and takes resistance below 46800 then the open Targets for T1-46700, T2-46600,T3-46500 Major Levels 465000,47000,47200 If the market stands in this area of 46800 to 47000 then it is possible that even today the market will remain in the range.
NSE:BANKNIFTY
by mr_bull10
04 DEC 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 sustains Above 45000 and takes Support from 45000 then open target for T1-45200, T2-45300,T3-45500 If the Banknifty Gap up opening sustains Below 44700 and takes resistance below 44700 then the open Targets for T1-44600, T2-44500,T3-44400 Major Levels 45000,44800,45200 If the market stands in this area of 45200 to 45000 then it is possible that even today the market will remain in the range.
NSE:BANKNIFTYLong
by mr_bull10
BankNIFTY prediction for tomorrowas we have already discussed Banknifty has given breakout. and yesterday it retested the 44300 level and again bulls pumped the bulls side. Now I am expecting it to move bullish whole this week. Target 1 will be 45561, then some consolidation and it will move to all time high 46250. Reasons: Price has already broken out 2 month breakout with Inverted HNS. (Bullish) RSI showing bullish diversion. (Bullish) Bullish Golden crossover successful. (Bullish) Inverted HNS breakout and successful retesting of neck-line. (Bullish) According to OI, PCR: 0.97 (Bullish) with max pain = 44800 or 45000. above side only 45000 is having significiant resistance, if it's taken out bulls path will be clear for target 1 (45561) Verdict: Bullish Plan of action: Keep holding the previous position. you can add move call buy once bull intraday trend confirms.
NSE:BANKNIFTYLong
by finnova_