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.
Bankniftytrading
BANKNIFTY--Trending or Ranging??Price is clearly in a range...
today price broken the trendline and failed to take the support of the trendline ..
as a result fall happens...
On top we have 44800 is a crucial resistance...
On bottom side a strong bullishness is observed at 44250 levels.
As of now no bearishness, if price breaks on bottom side consider it as a retracement..
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.
BANKNIFTY-- Liquidity @45200 ?A strong bullish move is observed from the 43800 levels...previously a strong support now acts as support again.
If tomorrow price wants to break the channel on top side...
it has to break 2 resistances at 44800 and 45000 levels..
which are considered as strong levels of resistance.
But the liquidity is lies on above these 2 resistances..
so in the next session if price gives us any retracement to 44200-44300 will be on buy side
up to these 2 resistances... until clears the liquidity.
Case 1::
If price breaks 44800 resistance and gives us retracement will be on buy side...
Case2 ::
If no retracement is given, then price will definitely in consolidation before breaking these 2 resistances...consider entry at channel bottoms
Case3 ::
Opens up and continue to move towards 45200 levels...
enters long on break and retest of any resistance.
If price stops then sellers will try to push it downwards...so a strong push will happens...
case 4 :: Opens flat and gives us some discount @44200 levels...then also be long...
Will see in the next session what happens...
[INTRADAY] #BANKNIFTY PE & CE Levels(04/09/2023) Today will be gap up opening in BANKNIFTY . After opening if banknifty sustain above 44550 level then possible upside rally of 400-500 points upto 44950 Level. And this rally can extend for another 400 points if it gives breakout of 45050 level. Any Major downside only expected in case banknifty starts trading below 44450 level.
04 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 44500 and taking Support from 44500 then open target for T1-44700,T2-44900,T3-45000
If the Banknifty Gap-Up 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.
BANKNIFTY--45600 Or 42800The BANKNIFTY index is showing strong bullish pressure to reach again to test the triangle breakout level on topside.
If price breaks and retest will enter long to the top side.
if price breaks below and gives us retracement will go for short side.
Breakout and retest is important for us to reach the ATH or below 43400 levels.
On top side if price breaks 45100 and retest of the trendline go for buy up to 45200,45600.
If price breaks bottom side and gives us retracement will enter short side, to the targets of 43400 and 42800 levels.
where a strong level of support build at this place.
01 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 44200 and taking Support from 44200 then open target for T1-44300,T2-44400,T3-44500
If the Banknifty Gap-Up opening sustain Below 44000 and taking resistance below 44000 then the open Targets for T1-43900,T2-43800,T3-43600
Major Levels 44000,44200,43900
If the market stande in this area of 44200 to 44000, then it is possible that even today the market will remain in the range.
31 AUGUST 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 44000 and taking Support from 44100 then open target for T1-44200,T2-44300,T3-44500
If the Banknifty Flat opening sustain Below 44000 and taking resistance below 44000 then the open Targets for T1-43900,T2-43800,T3-43600
Major Levels 44000,44200,43900
If the market stande in this area of 44200 to 44000, then it is possible that even today the market will remain in the range.
30 AUGUST 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 44900 and taking Support from 45000 then open target for T1-45200,T2-45300,T3-45400
If the Banknifty Gap-Up opening sustain Below 44500 and taking resistance below 44400 then the open Targets for T1-44300,T2-44200,T3-44000
Major Levels 44500,44300,44700
If the market stande in this area of 44500 to 44800, then it is possible that even today the market will remain in the range.
BANKNIFTY--Breakout or Breakdown??Drop base drop is observed @44720 levels....
Rally base rally is observed from 44400 levels...
tomorrow these are my point of intrest for shorting and buying levels....
If a continuous fall is detected from 44720 levels, then will be on bearish mode until
44400,44300,44120 levels and below...
If we consider the above drop is a weak one...will be bullish above 44720 level break and retest...
to be continued on top side for targets of 44800,44950 and 45100 and above we have a liquidity lies on that area....
Will see what happens in the next session.
29 AUGUST 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 44600 then open target for T1-44800,T2-45000,T3-45100
If the Banknifty Gap-Down opening sustain Below 44250 and taking resistance below 44250 then the open Targets for T1-44100,T2-44000,T3-43900
Major Levels 44500,44600,44400
If the market stande in this area of 44600 to 44200, then it is possible that even today the market will remain in the range.