are we ready for a blockbuster expiry..?as we witness a very tight range in bank nifty today. are we gonna have a blockbuster expiry on 07/04/22.as u know traders we should not work on assumptions. I say this cuz I have seen the option data, market sentiments& price action which is indicating a correction in indies tomorrow. BIAS will remain short for tommorw. will not be interested in taking any longs.
best of luck traders.
Bankniftytrading
is this is enough to decide the next week trend of banknifty..?well, it is a bit hard for me to from this particular move to decide the rest of the week trend. we are continuously bullish for the past few weeks. now I think this is the time for consolidation a bit. as we all know the market will not go up all in a single lane. still, i will keep my bias neutral so I can benefit from both side's moves in the market.
Bank nifty setup for 29/03/2022Bank nifty has given a big up and down movement today.
On 4 hour time frame, market has closed above the 20 ema.
India vix was down today and market are green after a sudden downfall in the morning.
There is a bullish momentum in the market.
Resistance :- 35800, 35930-40, 36130
Support :- 35630, 35450-35500.
Wait for the candlestick pattern to form near the levels before entering the trade.
BANKNIFTY : Analysis for 24th MarBANKNIFTY respected our levels dot to dot. ccheck yesterday's Analysis
today BN trade under one range in second half. Its very important to cross that resistance to back in bulls control
BANKNIFTY levels are available on chart
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Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Please consult with your Financial advisor before trading or investing
BANKNIFTY : Intraday levelsBANKNIFTY recovery in 2nd half yesterday. and very well respected our support / resistance
Now its near critical resistance. it needs to break today
Levels are marked on chart
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Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Please consult with your Financial advisor before trading or investing
Bank nifty trade view Bank nifty has closed just the 50 ema on daily timeframe and tge Resisitance of 36375.
(market close @ 36348)
On hourly time frame the market seems bullish and have crossed 200 ema.
Todays levels
Support :- 35950-36000, 35630, 35500
Resistance :- 36375, 36650, 37000.
Market may consolidate today as the market moved violently in last trading day.
BANKNIFTY : Analysis for 22nd MarBANKNIFTY
Traded exactly based on Level shared yesterday.
Levels for tomorrow give on the chart. Trade based on tomorrows opening.
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Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Please consult with your Financial advisor before trading or investing
Banknifty chart setup for Monday 21/3In last 2 previous sessions there was huge gap up and it was total 1500 points move in just two days.
Based on above chart resistance is placed at 36700 followed by 37000
When banknifty will close above 37000 resistance further up move will open.
On the flip side 35880 will act as a support.
Breaking below 38500 we can see 35080 level near future.
How to trade banknifty on coming days?
Buy above 36720
Target 1 - 36880
Target 2 - 37050
Sell below 36200
Target 1 - 36000
Target 2 - 35880
How to trade Banknifty expiry on 17-03-2022This is detailed chart of banknifty.
Immediate support is placed at 35440.
Immediate resistance is placed at 35800.
Buy above resistance, sell below support.
Based on price action one can buy near support and sell near resistance
A reversal candle will be helpful to initiate trade.
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#bankniftyexpiry
BANK NIFTY viewBank nifty is at a very crucial point as of now.
Due to the current situation the pressure for falling is on higher side.
Wait for the re-test of breakdown or breakout whenever it happens in current weeks.
Trade safe. Manage risk. Be profitable.
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Disclaimer :- This is just my view. Please analyze charts yourself and then decide to take any trades.