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Bankniftytrading

BANKNIFTY--13-08-23I am sharing the important levels of Support and Resistance. These levels play a crucial role in trading decisions, as they act as reliable markers of price movements. ------>>Support levels are price points where an asset tends to find buying interest, preventing it from falling further. ---->Resistance levels, on the other hand, are points where selling pressure typically prevents the asset from rising higher. Take a look at these levels and trade accordingly. Recognizing and respecting these support and resistance levels can help traders make informed decisions and manage risk effectively. They serve as key reference points for technical analysis and are vital tools in successful trading strategies. Trade safe...Thank you guys for your support.
NSE:BANKNIFTY
by IIT-Trader
18
13 SEPT 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 sustain Above 45500 and taking Support from 45600 then open target for T1-45700,T2-45900,T3-46000 If the Banknifty Gap-Up opening sustain Below 45500 and taking resistance below 45500 then the open Targets for T1-44400,T2-44300,T3-44200 Major Levels 45500,45400,44600 If the market stande in this area of 45600 to 45100, 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 Gap-UP After A Gap-Up opening if Banknifty sustain Above 45400 and taking Support from 45400 then open target for T1-45600,T2-45700,T3-45800 If the Banknifty Gap-Up opening sustain Below 45500 and taking resistance below 45500 then the open Targets for T1-44300,T2-44200,T3-44100 Major Levels 45000,45400,44500 If the market stande in this area of 44500 to 45100, then it is possible that even today the market will remain in the range.
NSE:BANKNIFTY
by mr_bull10
BANKNIFTY--Trendline or Bearish Gap??After successfully breaking the trendline, the price exhibited a robust upward momentum, breaching the formidable resistance level at 45,100. However, there's a notable bearish gap left at 45,650 levels on the upper side. Conversely, there exists a trendline on the lower side that could potentially propel the price upward again. In this scenario, the trading strategy to consider is as follows: If the price retraces to these zones, it may present a buying opportunity at the trendline, with a potential plan to explore short positions near the bearish gap. It's worth noting that, before attempting to close the bearish gap, the price might offer a retest of the trendline, providing traders with an opportunity to enter long again from this place. Note:: A consolidation is going to observe while reaching the trendline, we have strong resistances below, buyers are attempting to take the price to higher levels from this places, but be safe at any place they can take the price again. Keep exit positions while testing these resistances. Will see what happens in the next sessions.
NSE:BANKNIFTY
by IIT-Trader
22
11 SEPT 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 sustain Above 45400 and taking Support from 45400 then open target for T1-45600,T2-45700,T3-45800 If the Banknifty Gap-Up opening sustain Below 45000 and taking resistance below 44900 then the open Targets for T1-44700,T2-44600,T3-44500 Major Levels 45000,45400,44500 If the market stande in this area of 44500 to 45300, then it is possible that even today the market will remain in the range.
NSE:BANKNIFTY
by mr_bull10
BANKNIFTY-- Bearish channel Breakout ??price is exactly closed in the resistance zone again. Broken the trendline strongly... broken the bearish channel strongly. Today after showing strong bearish momentum price showing strong bullishness, finally closed at resistance zone. price is now above the bearish channel... if this resistance zone,resist the price to go up it will fall upto the bearish channel. If price falls below the bearish channel again... price again chance of falling downside. Previous resistances, gives support price is bullish again and will break 45100 levels soon. Consolidation may happens, before going to break the resistance. will see what happens in the next session.
NSE:BANKNIFTY
by IIT-Trader
23
08 SEPT 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 sustain Above 45000 and taking Support from 45000 then open target for T1-45200,T2-45300,T3-454 00 If the Banknifty Gap-Up opening sustain Below 44500 and taking resistance below 44500 then the open Targets for T1-4430,T2-44200,T3-44100 Major Levels 44500,44500,44800 If the market stande in this area of 44500 to 45000, then it is possible that even today the market will remain in the range.
NSE:BANKNIFTY
by mr_bull10
BANKNIFTY--Gap Up or Gap Down??Price is rejected from the trendline again and closed exactly at the trendline... Price is given us discount @44250 level. if tomorrow breaks this trendline, it will not test this trendline immediately... It will reach any one of the resistance and then come back... If opens downside...we will wait for an up move or downside continuation... If a gapdown occurs sellers may exit or continue to take it down...we have to wait and see what happens. If they want to break it...price will open above and continue to move upwards..and then back to the trendline from the above resistances. will see it in the next session.
NSE:BANKNIFTY
by IIT-Trader
14
07 SEPT 2023 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 sustain Above 44650 and taking Support from 44650 then open target for T1-44700,T2-44900,T3-45000 If the Banknifty Gap-Down opening sustain Below 44200 and taking resistance below 44200 then the open Targets for T1-44000,T2-43800,T3-44700 Major Levels 44500,44200,44600 If the market stande in this area of 44200 to 44600, then it is possible that even today the market will remain in the range.
NSE:BANKNIFTY
by mr_bull10
06 SEPT 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 sustain Above 44650 and taking Support from 44650 then open target for T1-44700,T2-44900,T3-45000 If the Banknifty Flat opening sustain Below 44400 and taking resistance below 44400 then the open Targets for T1-44300,T2-43100,T3-44000 Major Levels 44500,44200,44600 If the market stande in this area of 44500 to 44700, then it is possible that even today the market will remain in the range.
NSE:BANKNIFTY
by mr_bull10
05 SEPT 2023 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 sustain Above 44500 and taking Support from 44500 then open target for T1-44700,T2-44900,T3-45000 If the Banknifty Gap-Down opening sustain Below 44000 and taking resistance below 44000 then the open Targets for T1-43900,T2-43800,T3-43600 Major Levels 44500,44200,44600 If the market stande in this area of 44500 to 44000, then it is possible that even today the market will remain in the range.
NSE:BANKNIFTY
by mr_bull10