Bankniftyview
05/04/2023 BANKNIFTY SUPPORT AND RESISTANCE ZONE
Hello Guys,
Good Morning everyone,
According to the data today market Gap-Down is going to open
After A Gap-Down opening if Banknifty sustain Above 40800 and taking Support from 40800 then open target for T1-41000,T2-41200,T3-41400
If the Banknifty after a Gap-Down opening sustain Below 40500 and taking resistance below 40500 then the open Targets for T1-40300,T2-40100,T3-39900
Major Levels 40500,40600,40700
03/04/2023 BANKNIFTY SUPPORT AND RESISTANCE ZONEHello Guys,
Good Morning everyone,
According to the data today market Gap-Up is going to open
After A Gap-Up opening if Banknifty sustain Above 40600 and taking Support from 40600 then open target for T1-40700,T2-40900,T3-41100
If the Banknifty after a Gap-Up opening sustain Below 40500 and taking resistance below 40500 then the open Targets for T1-40300,T2-40100,T3-39900
Major Levels 40500,40600,40700
31/03/2023 BANKNIFTY SUPPORT AND RESISTANCE ZONEHello Guys,
Good Morning everyone,
According to the data today market Flat is going to open
After A Flat opening if Banknifty sustain Above 40200 and taking Support from 40200 then open target for T1-40400,T2-40500,T3-40700
If the Banknifty after a Flat opening sustain Below 40000 last day low and and taking resistance below 40000 then the open Targets for T1-39900,T2-39700,T3-39500
Major Levels 40200,39900,40000
Bank Nifty Elliott Wave possibilitiesThe idea presents two possibilities on Bank Nifty as follows:
1. corrective move: this suggests that bank nifty is moving down in a double zig-zag pattern where the index is currently in wave b of wave y. post which the index should head higher in at least three waves if not five.
2. Impulsive move: this suggest that index is heading down in an impulsive manner which is shown as an alternate count in green colour. The index seems to be in wave 4 of wave 1 or wave a (that remains to be seen).
Whatever view plays out, I will update the idea accordingly
Summary: both the possibilities suggest a down move in the near future.
Thanks for reading :)
29/03/2023 BANKNIFTY SUPPORT AND RESISTANCE ZONEHello Guys,
Good Morning everyone,
According to the data today market Gap-Up is going to open
After A Gap-Up opening if Banknifty sustain Above 39700 and taking Support from 39700 then open target for T1-39900,T2-40100,T3-40300
If the Banknifty after a Gap-Up opening sustain Below 39500 last day low and and taking resistance below 39500 then the open Targets for T1-39300,T2-39100,T3-38900
Major Levels 39500,39600,39700
28/03/2023 BANKNIFTY SUPPORT AND RESISTANCE ZONEHello Guys,
Good Morning everyone,
According to the data today market Gap-Up is going to open
After A Gap-Up opening if Banknifty sustain Above 39500 and taking Support from 39500 then open target for T1-39700,T2-39900,T3-40200
If the Banknifty after a Gap-Up opening sustain Below 39300 last day low and and taking resistance below 39300 then the open Targets for T1-39100,T2-38900,T3-38700
Major Levels 39500,39400,39600
upside possible 1:10 RR Trade price broken the lower trendline but he index is re-testing the trendline multiple time and price observing demand #39300 so there is a high possibility that price can give a upside move till trading above 39300. once 39300 broken then we can see downside move toward 39k & 36600 level.
BankNifty Demand and Supply Zone for 27th March 2023#BankNifty Demand and Supply Zone for 27th March 2023
Can long above green/ demand zone if price action shows bounce from that zone with SL below zone.
Can short below red/supplyzone if price action shows rejection from that zone with SL above zone.
Good Luck.
#stockmarkets #niftytomorrow #premarket
View for education purpose only.
#Nifty view already shared, link below.
27/03/2023 BANKNIFTY SUPPORT AND RESISTANCE ZONEHello Guys,
Good Morning everyone,
According to the data today market Gap-Up is going to open
After A Gap-Up opening if Banknifty sustain Above 39500 and taking Support from 39500 then open target for T1-39600,T2-39800,T3-40000
If the Banknifty after a Gap-Up opening sustain Below 39400 and and taking resistance below 39400 then the open Targets for T1-39200,T2-39000,T3-38800
Major Levels 39500,39400,39600
#BANKNIFTY weekly market FORECAST & levels OVERVIEW👉The price Formed inside candle pattern on weekly chart which is said to be decesive candle or confusing candle.
👉 If price breaks the level of 38600 than we can see sharp drop down in the price and downside Target will be 38000/37300 can be seen in next coming trading sessions.
👉If price closes above the 39888 than only we can expect moves towards the upper side📈.
24/03/2023 BANKNIFTY SUPPORT AND RESISTANCE ZONE
Hello Guys,
Good Morning everyone,
According to the data today market Gap-Down is going to open
After A Gap-Down opening if Banknifty sustain Above 39500 and taking Support from 39500 then open target for T1-39700,T2-39900,T3-40100
If the Banknifty after a Gap-Down opening sustain Below 39400 and and taking resistance below 39400 then the open Targets for T1-39300,T2-39100,T3-38900
Major Levels 39500,39400,39600
23/03/2023 BANKNIFTY SUPPORT AND RESISTANCE ZONE
Hello Guys,
Good Morning everyone,
According to the data today market Gap-Down is going to open
After A Gap-Down opening if Banknifty sustain Above 40100 and taking Support from 40100 then open target for T1-40300,T2-40500,T3-40700
If the Banknifty after a Gap-Down opening sustain Below 39800 and and taking resistance below 39800 then the open Targets for T1-39600,T2-39400,T3-39200
Major Levels 39800,39900,40000
22/03/2023 BANKNIFTY SUPPORT AND RESISTANCE ZONEHello Guys,
Good Morning everyone,
According to the data today market Gap-Down is going to open
After A Gap-Down opening if Banknifty sustain Above 40000 and taking Support from 40000 then open target for T1-40100,T2-40200,T3-40400
If the Banknifty after a Gap-Down opening sustain Below 39800 and and taking resistance below 39800 then the open Targets for T1-39600,T2-39400,T3-39200
Major Levels 39800,39900,40000
21/03/2023 BANKNIFTY SUPPORT AND RESISTANCE ZONEHello Guys,
Good Morning everyone,
According to the data today market Gap-Up is going to open
After A Gap-Up opening if Banknifty sustain Above 39700 and taking Support from 39700 then open target for T1-39900,T2-40000,T3-40200
If the Banknifty after a Gap-Up opening sustain Below 39000 and and taking resistance below 39000 then the open Targets for T1-38800,T2-38600,T3-38500
Major Levels 39200,39500,39300