[INTRADAY] #BANKNIFTY PE & CE Levels(01/11/2023) Today will be gap down opening in BANKNIFTY . After opening if banknifty start trading below 42950 level then possible downside rally of 400-500 points upto 42550 Level. And this rally can extend for another 400 points if it gives breakdown of 42450 level. Any Major upside only expected in case banknifty starts trading above 43050 level.
Bankniftytrend
01SEP 2023 BANKNIFTY SUPPORT AND RESISTANCE LEVELSHello Guys,
Good Morning everyone,
According to the data today market is going to open a gap down
After A gap down opening if Banknifty sustains Above 43300 and takes Support from 43300 then open target for T1-43400, T2-43500,T3-43700
If the Banknifty gap down opening sustains Below 42800 and takes resistance below 42800 then the open Targets for T1-42600, T2-42500,T3-42400
Major Levels 43000,43200,42800
If the market stands in this area of 43000 to 43200, then it is possible that even today the market will remain in the range.
BANK NIFTY INTRADAY LEVELS FOR 01/11/2023BUY ABOVE - 43050
SL - 42870
TARGETS - 43270,43380,43600
SELL BELOW - 42830
SL - 42940
TARGETS - 42660,42390,42120
NO TRADE ZONE - 42830 to 43050
Previous Day High - 43270
Previous Day Low - 42830
I am sharing BANK NIFTY levels this levels acts as important support & resistance for intraday. if you want to trade with this levels wait for 15 min Candle closing above that levels. You can trade with breakout and reversal both.
In this channel, I share my expertise in trading strategies, technical analysis, and market trends to help you make informed decisions in your trading ventures.
Stay tuned for daily updates, in-depth market analyses, and real-time trading scenarios to witness firsthand how we transform from Zero to Hero in the trading world. My Only aim is to empower you with the knowledge and skills necessary to navigate the complexities of the financial markets successfully.
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
BANKNIFTY--Liquidity @43500Key level to watch is 42880 level...
if price breaks this level look for short side on retracement for targets of 42700,42400.
Keep in long side until this key level breaks..
On top side we have liquidity lies at 43500 level...after clearing the liquidity, chances of fallback...
so look for short side from this levels...
[INTRADAY] #BANKNIFTY PE & CE Levels(31/10/2023) Today will be gap up opening in BANKNIFTY . After opening if banknifty sustain above 43050 level then possible upside rally of 400-500 points upto 43450 Level. And this rally can extend for another 400 points if it gives breakout of 43550 level. Any Major downside only expected in case banknifty starts trading below 42950 level.
31 OCT 2023 BANKNIFTY SUPPORT AND RESISTANCE LEVELSHello Guys,
Good Morning everyone,
According to the data today market is going to open a Flat
After A Flat opening if Banknifty sustains Above 43000 and takes Support from 43000 then open target for T1-43200, T2-43400,T3-43600
If the Banknifty Flat opening sustains Below 42800 and takes resistance below 42800 then the open Targets for T1-42600, T2-42500,T3-42400
Major Levels 43000,43200,42800
If the market stands in this area of 42800 to 43200, then it is possible that even today the market will remain in the range.
BANK NIFTY INTRADAY LEVELS FOR 31/10/2023BUY ABOVE - 43120
SL - 43000
TARGETS - 43380,43600,43730
SELL BELOW - 42830
SL - 42910
TARGETS - 42600,42390,42120
NO TRADE ZONE - 428300 to 43120
Previous Day High - 43120
Previous Day Low - 42390
I am sharing BANK NIFTY levels this levels acts as important support & resistance for intraday. if you want to trade with this levels wait for 15 min Candle closing above that levels. You can trade with breakout and reversal both.
In this channel, I share my expertise in trading strategies, technical analysis, and market trends to help you make informed decisions in your trading ventures.
Stay tuned for daily updates, in-depth market analyses, and real-time trading scenarios to witness firsthand how we transform from Zero to Hero in the trading world. My Only aim is to empower you with the knowledge and skills necessary to navigate the complexities of the financial markets successfully.
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
BANKNIFTY--42000 is Support??We have a strong support lies at 42000-41800 levels...
If we consider yesterdays move as retracement, the fall will continue downwards upto 42000 and 41800 levels...
consolidation may happens at bullish gap and strong rise @42600 will resist the price again to topside...
If you see on topside we have resistance @43400 levels, which is a previous strong support may turned into resistance...Keep on short side from 43400 levels...
If 42000 or 41800 failed to acts as support 41600 and 41200 levels may test this week or next week.
Keep safe...don not go for risk...
BANK NIFTY INTRADAY LEVELS FOR 30/10/2023BUY ABOVE - 42830
SL - 42660
TARGETS - 43000,43200,43380
SELL BELOW - 42660
SL - 42830
TARGETS - 42500,42330,42120
NO TRADE ZONE - 42660 to 42830
Previous Day High - 42830
Previous Day Low - 42500
I am sharing BANK NIFTY levels this levels acts as important support & resistance for intraday. if you want to trade with this levels wait for 15 min Candle closing above that levels. You can trade with breakout and reversal both.
In this channel, I share my expertise in trading strategies, technical analysis, and market trends to help you make informed decisions in your trading ventures.
Stay tuned for daily updates, in-depth market analyses, and real-time trading scenarios to witness firsthand how we transform from Zero to Hero in the trading world. My Only aim is to empower you with the knowledge and skills necessary to navigate the complexities of the financial markets successfully.
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
BANKNIFTY--42600 Or 41800I 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.
They serve as key reference points for technical analysis
[INTRADAY] #BANKNIFTY PE & CE Levels(27/10/2023) Today will be gap up opening in BANKNIFTY . After opening if banknifty sustain above 42550 level then possible upside rally of 400-500 points upto 42950 Level. Any Major downside only expected in case banknifty starts trading below 42450 level.And this rally can extend for another 400 points if it gives breakdown of 41950 level.
27 OCT 2023 BANKNIFTY SUPPORT AND RESISTANCE LEVELSHello Guys,
Good Morning everyone,
According to the data today market is going to open a gap up
After A gap up opening if Banknifty sustains Above 42600 and takes Support from 42600 then open target for T1-42800, T2-43000,T3-43200
If the Banknifty gap up opening sustains Below 42000 and takes resistance below 42000 then the open Targets for T1-41900, T2-41800,T3-41400
Major Levels 42000,42400,42600
If the market stands in this area of 42400 to 42600, then it is possible that even today the market will remain in the range.
BANK NIFTY INTRADAY LEVELS FOR 27/10/2023BUY - 42330
SL - 42120
TARGETS - 42500,42720,43000
SELL - 42120
SL - 42330
TARGETS - 41900,41660,41460
NO TRADE ZONE - 42120 to 42300
Previous Day High - 42720
Previous Day Low - 42120
I am sharing BANK NIFTY levels this levels acts as important support & resistance for intraday. if you want to trade with this levels wait for 15 min Candle closing above that levels. You can trade with breakout and reversal both.
In this channel, I share my expertise in trading strategies, technical analysis, and market trends to help you make informed decisions in your trading ventures.
Stay tuned for daily updates, in-depth market analyses, and real-time trading scenarios to witness firsthand how we transform from Zero to Hero in the trading world. My Only aim is to empower you with the knowledge and skills necessary to navigate the complexities of the financial markets successfully.
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
BANKNIFTY--43600 or 42600 ??I 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.
They serve as key reference points for technical analysis
BANK NIFTY INTRADAY LEVELS FOR 26/10/2023BUY ABOVE - 43000
SL - 42800
TARGETS - 43200,43380,43600
SELL BELOW - 42800
SL - 43000
TARGETS - 42500,42270,42000
NO TRADE ZONE - 42800 to 43000
Previous Day High - 43380
Previous Day Low - 42800
I am sharing BANK NIFTY levels this levels acts as important support & resistance for intraday. if you want to trade with this levels wait for 15 min Candle closing above that levels. You can trade with breakout and reversal both.
In this channel, I share my expertise in trading strategies, technical analysis, and market trends to help you make informed decisions in your trading ventures.
Stay tuned for daily updates, in-depth market analyses, and real-time trading scenarios to witness firsthand how we transform from Zero to Hero in the trading world. My Only aim is to empower you with the knowledge and skills necessary to navigate the complexities of the financial markets successfully.
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
[INTRADAY] #BANKNIFTY PE & CE Levels(26/10/2023) Today will be gap down opening in BANKNIFTY . After opening if banknifty start trading below 42950 level then possible downside rally of 400-500 points upto 42550 Level. And this rally can extend for another 400 points if it gives breakdown of 42450 level. Any Major upside only expected in case banknifty starts trading above 43050 level.
BANKNIFTY--42800 or 44400 ??Price is exactly closed at support level, at this level price taken the support multiple times...
we are still having some more points in the downside @43400 level...
if that breaks we will observe a great fall towards 42800 and 42000 levels...
wait until that breaks and retest...don't go for short side immediately...
we have a great support @42800 and 42000 levels...
If support fails to push the price up, then it will continue to move downwards up to 42800 levels..
If you are looking for buy side wait until price reach to any one of these levels...
or it may rise again from 43400 levels...without confirmation don't go for short side...
BANK NIFTY INTRADAY LEVELS FOR 25/10/2023BUY ABOVE - 43200
SL - 43030
TARGETS - 43350,43600,43730
SELL BELOW - 43030
SL - 43200
TARGETS - 42800,42500,42270
NO TRADE ZONE - 43030 to 43200
Previous Day High - 43850
Previous Day Low - 43030
I am sharing BANK NIFTY levels this levels acts as important support & resistance for intraday. if you want to trade with this levels wait for 15 min Candle closing above that levels. You can trade with breakout and reversal both.
In this channel, I share my expertise in trading strategies, technical analysis, and market trends to help you make informed decisions in your trading ventures.
Stay tuned for daily updates, in-depth market analyses, and real-time trading scenarios to witness firsthand how we transform from Zero to Hero in the trading world. My Only aim is to empower you with the knowledge and skills necessary to navigate the complexities of the financial markets successfully.
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
BANKNIFTY FALL PREDICTION EXPLAINED
Price has violated a Monthly Supply and there is a Fresh Strong Deman formed in Monthly chart @ Rs. 42015.65
Therefor Price will definitely come in this Range.
In order to come down Price needs to react to a Supply.
We see Price has formed a deviation from the moving average and has also formed an Engulfing Supply in Monthly chart.
This is a Supply to Demand Equilibrium where we have the Source and the Destination of the Downtrend.
Now we go further in Daily to find the Entry in Fresh Daily Supply Zones, we have a Fresh Daily Supply formed which has a Short Trade with a Reward to Risk Ratio of 3:1.
ENJOY THE RIDE !!!
25 OCT 2023 BANKNIFTY SUPPORT AND RESISTANCE LEVELSHello Guys,
Good Morning everyone,
According to the data today market is going to open a Flat
After A Flat opening if Banknifty sustains Above 43000 and takes Support from 43000 then open target for T1-43200, T2-43400,T3-43500
If the Banknifty Flat opening sustains Below 43000 and takes resistance below 43000 then the open Targets for T1-42800, T2-42700,T3-42500
Major Levels 43000,43200,42800
If the market stands in this area of 43000 to 44300, then it is possible that even today the market will remain in the range.
Bank-Nifty Breakdown or fakedown?BankNIFTY has given the breakout clearly as can be seen on the charts.
Now the qiestion is will it go more down of it might bounce back to bullishness.
as it seems if in morning session it shows a sign of bearishness it might go further down.
Reasons:
BankNIFTY has break to downside 1-D TF(time frame). (Bearish)
Sharp falling of last week. (Bearish)
200 EMA might provide a good support. but is it couls not hold it will be a sharp falling again as it's also breakdown of double top. (Bearish)
RSI is very low shows weak trend strength. (Bearish)
Price < VWAP (Bearish)
PCR = 0.47 (Huge Bearish)
Verdict:
Bearish, all sign shows the bearishness.
Plan of action:
wait for BankNifty to show bearish trend and make position accordingly.