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.
Bankniftyprediction
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.
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.
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 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
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.