Banknifty all the important levels for this week 25-07-2022Banknifty retested the breakout zone a bounce from current level is expected.
Breaking below 36300 will reject the bounce.
Breaking above 36630 will accelerate up side momentum.
Bankniftyprediction
NiftyBank Positional View for Next 20 daysNiftyBank Positional View for Next 20 days
If Bank nifty sustain above 36360 to 36400 level on daily time then we can see upside 1st Target of 37554 2nd Target of 38764 before 11th Aug 2022
If Banknifty start closing and sustain below 36350 level on daily time then we can see down side target of
1st 35200 & 2nd target of 34800 incase of negative Global cues.
Incase of worst Global Cues Banknifty may fall till 33000 which seems to be very unlikely, but cant be ruled out.
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
Leave a comment that is helpful or encouraging. Let's master the markets together.
NiftyBank Futures Key trading levels On Hourly Time Frame NiftyBank Futures Key trading levels On Hourly Time Frame
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
Leave a comment that is helpful or encouraging. Let's master the markets together.
BANKNIFTY Analysis/Prediction for Tomorrow Expiry 21-07-2022NSE:BANKNIFTY Analysis/Prediction for Tomorrow Expiry 21-07-2022
If Price opens in No Trading Zone
🟢 Buy CE above 36060
✔️ Target Should Be 36450
🔴 Buy PE below 35880
✔️ Target Should Be 35722, 35540
For Gap-UP (Above 36150) Gap-Down (Below 35880)
One side move can be possible so wait for price action.
Note:
🚨 Gap-UP & Gap-Down more than 200 points wait for price action.
🚨 Gap-UP & Gap-Down up-to 200 points wait for pullback.
⚠️ Wait for the 5-minute candle to close for confirmation.
⚠️ Trade Like: Either SL or Target.
⚠️ Important: Always maintain your Risk & Reward Ratio.
Bank Nifty intraday 21st July 2022long above 36030, Keep trailing profit on the resistances drawn, SL 35990
Short below 35970, Keep trailing profit on the supports drawn, SL 36035
you can also do scalping with the help of the lines drawn
BANKNIFTY Analysis/Prediction for Tomorrow 20-07-2022NSE: BANKNIFTY Analysis/Prediction for Tomorrow 20-07-2022
If Price opens in Zone
🟢 Buy CE above 36000
✔️ Target Should Be 36400
🔴 Buy PE below 35400
✔️ Target Should Be 35030, 34500
Note:
🚨 Gap-UP & Gap-Down more than 200 points wait for price action.
🚨 Gap-UP & Gap-Down up-to 200 points wait for pullback.
⚠️ Wait for the 5-minute candle to close for confirmation.
⚠️ Trade Like: Either SL or Target.
⚠️ Important: Always maintain your Risk & Reward Ratio.
BANKNIFTY Analysis/Prediction for Tomorrow 18-07-2022NSE:BANKNIFTY Analysis/Prediction for Tomorrow 18-07-2022
If price opens in Opening range
🟢 Buy CE above 35010
✔️ Target Should Be 35500
🔴 Buy PE below 34460
✔️ Target Should Be 34150, 34000. 34770
Note:
🚨 Gap-UP & Gap-Down more than 200 points wait for price action.
🚨 Gap-UP & Gap-Down up-to 200 points wait for pullback.
⚠️ Wait for the 5-minute candle to close for confirmation.
⚠️ Trade Like: Either SL or Target.
⚠️ Important: Always maintain your Risk & Reward Ratio.
Banknifty all important levels before expiryAfter sharp up move banknifty is in consolidation from last few trading sessions.
I have mentioned all the important levels in the chart.
Chart will be valid for this week.
Bank Nifty Intraday 12 July 2022Long above 35405, Keep trailing profits as per the resistances mentioned. SL as per your risk up untill 35250
Short below 35270, Keep trailing profits as per the supports mentioned. SL as per your risk up untill 35430
One can do scalping with the help of support and resistance mentioned.
NOTE : Please wait for the market to settle down once it opens. Don't just jump into any trade without understanding the trend.
BANKNIFTY Daily Analysis - 29th Jun 2022 - Looks Weak!Hi Traders/Investors,
NSE:BANKNIFTY is looking weak as this point, waiting for the news on US GDP data.
NIFTY took support from the Trendline in the morning and also closed exactly at the same Upward trendline.
On DOWNSIDE, There is a Buy zone which would act as support but looks weak as of now between 33165 - 33300 levels.
On UPSIDE, resistance at 33870 followed by 34400 levels.
Regards,
Anshul
NiftyBank Futures Key Trading Levels for 13th June 22NiftyBank Futures Key Trading Levels for 13th June 22
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
Leave a comment that is helpful or encouraging. Let's master the markets together.
Banknifty Latest ChartTHis is daily chart of banknifty.
Fresh breakout only above 36120
As long as trading below 36000 it will be sideways to down.
Banknifty breakout chartBanknifty bullish breakout above 36100
Next resistance after breakout will be 37300.
On the flip side breaking below 35000 will trigger selling.
NiftyBank Futures Key Trading Levels for 31st May 22NiftyBank Futures Key Trading Levels for 31st May 22
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
Leave a comment that is helpful or encouraging. Let's master the markets together.
Banknifty rejection from 200 DMABanknifty need to sustain above 200 dma for further up move. Closing above 36150 will activate is 200 dma breakout and we can see 37000 level near future.
BANKNIFTY Trend Analysis (Another perspective)If the current resistance level (35650) breaks then this scenario may play out which I am going to explain.
It may remain sideways moving in a triangle pattern highlighted.
In a triangle pattern each swing is comprised of 3 waves with a total of 5 swings before break out.
You can see the previous two swings are 3 waves moves.
Even if this plays out there will be a shallow correction towards 34900 level followed by a rally towards 37550 level to fill the gap.
The red line in between is a key level which acted as resistance and support multiple times.
Update on my previous insight:
In lower timeframe it is forming a bear flag with hidden bearish divergence in RSI and stochastic is at highly overbought in daily timeframe with a declining trend in volume.
It is moving up with below average volume, which is unsustainable.
I am still expecting it to move as per my previous TA linked below and this time it will not fall below 32000 level.
Current scenario is just a bull trap.
Will see what plays out.
Trade cautiously.
Peace!!
BankNifty Analysis/Prediction for tomorrow 25-05-2022 (WednesdayNSE:BANKNIFTY Analysis/Prediction for tomorrow 25-05-2022 (Wednesday)
For flat/Gap-Up/Gap-Down Opening
🟢 Buy CE, if prices closes above 34425
👉 Target Should be T1- 34820, T2-35020
🔴 Buy PE, if price closes below 34180
👉 Target Should be T1- 34000 T2-33820, T3-33600
Banknifty Weekly, Daily and Intraday levelI have shared all the important levels for coming week.
Like and follow for more videos and charts.
NiftyBank Futures Key Trading Levels for 13th May 22NiftyBank Futures Key Trading Levels for 13th May 22
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
Leave a comment that is helpful or encouraging. Let's master the markets together.
Banknifty Expiry LevelsThis is hourly chart of banknifty.
On the hourly chart it is 850 point range.
Resistance at 35000 while support at 34000,
On the expiry day breaking this range will make a further move in the same direction.
Banknifty trade setup for 11-05-2022Banknifty is trading within 1000 points range 34000 to 35000.
Breaking this range will give direction for further move.
Banknifty best intraday levels Buy above 36070
Target 35220
Sell below 36800
Target 36640
Sl 80 point in spot
