Bankniftyview
8th Mar ’23-Day Trader’s Post Market Analysis Below mentioned points are discussed in my post analysis video(Fast forward to 3:07 for Hindi Audio)
-Predicted the whole open in nifty on monday's Postmarket video(pls do watch :))
-Good scalp short in nifty explained.
-Why not to short such structures-Nifty & BankNifty
-How will i trade when market opens tom.
bull run in major index still intact Bank nifty bull run is still intact digesting all bad news in the month of feb in indian markets about adani and more nifty and banknifty has held major supoorts and bounced from right levels pure bullish above 42830/42850 levels in spot 40450 area now becomes major support area not expecting any big move on any side however at this time but i think markets are building strength for the next upmove however at these kind of times major support levels will be tested and base building is being done many bad news have been digested at higher levels i am buyer till 40000 is holding and will add above 42850 levels
big sharp move on up side is possibility i believe there is a 25% chance that previous will break once majority people get bored in the markets and markets will give chance to buy with sharp up moves however if banknifty trades above 42850 cash levels u can expect that to happen till then wait
06/03/2023 BANKNIFTY SUPPORT AND RESISTANCE ZONE
Hello 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 41400 and taking Support from 41400 then open target for T1-41500,T2-41700,T3-42000
If the Banknifty after a Gap-Up opening sustain Below 41130 and and taking resistance below 41130 then the open Targets for T1-40900,T2-40700,T3-40300
Major Levels 40000,40200,40400
BANKNIFTY: Preparing for Big MOVE? 28th Feb : BANKNIFTY trading in triangle pattern on daily chart , currently reversing from support zone . It didn't break low of Doji candle since 2 days so its good support for me.
5th Mar: last time shared that low of Doji candle is good support and market respected levels and now Bank nifty is near Resistance. from here i am expecting one swing next week to prepare big move ahead. Lets follow Prices action
Like, Share, Comment for regular updates.
Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Please consult with your Financial advisor before trading or investing
First Learn and then remove "L".
BANKNIFTY : triangle patternBANKNIFTY trading in triangle pattern on daily chart, currently reversing from support zone. It didn't break low of Doji candle since 2 days so its good support for me.
You can trade as per your view on market.
Like, Share, Comment for regular updates.
Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Please consult with your Financial advisor before trading or investing
First Learn and then remove "L".
Sorry was not able to post since long time as i was operated due to some health issues. I will try to start post on regular basis again
Bank Niftythis is guess work. nobody can predict 100 percent. there is VERY high buy imbalance, if market continues to move up without correction then there is very high impulse buying or market manipulation. if there is buying trend then there will be consolidation for 2 to 4 days at upper lvl then only buy uptrend, expecting consolidation next week for uptrend. for next week looking for market opening lvl is better than trying to predict next day trade. if it falls possible breaking 39000. point to be noted that upper and lower lvl can change depending on either crossing lvl up or down.
03/03/2023 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 40450 and taking Support from 40450 then open target for T1-40600,T2-40800,T3-41000
If the Banknifty after a Gap-Up opening sustain Below 40300 and and taking resistance below 40300 then the open Targets for T1-40200,T2-40000,T3-39800
Major Levels 40300,40400,40500
01/03/2023 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 last day high 40400 and taking Support from 40400 then open target for T1-40538,T2-40800,T3-41000
If the Banknifty after a flat opening sustain Below las day low 40000 and and taking resistance below 40000 then the open Targets for T1-39900,T2-39700,T3-39500
Major Levels 40200,40100,40000
28/02/2023 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 last day high 40400 and taking Support from 40400 then open target for T1-40600,T2-40800,T3-41000
If the Banknifty after a flat opening sustain Below las day low 39800 and and taking resistance below 39800 then the open Targets for T1-39600,T2-39400,T3-39000
Major Levels 39800,40100,40500
27/02/2023 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 high 40200 and taking Support from 40200 then open target for T1-40400,T2-40560,T3-40800
If the Banknifty after a flat opening sustain Below 39750 and and taking resistance below 39750 then the open Targets for T1-39520,T2-39304,T3-39016
Major Levels 39800,40200,39900
Bank Niftythis is only guess work. nobody can predict 100 percent. there could be some pull back next week. possible pullback first lvl or upto 40900 to 4100. if its breaks 39000 then down trend. eventually external news plays more important role in market trend. always check news and other markets for analysis when trading. every body would know by now.
23/02/2023 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 high 40200 and taking Support from 40300 then open target for T1-40500,T2-40700,T3-40900
If the Banknifty after a Gap-Up opening sustain last day low Below 39900 and and taking resistance below 39900 then the open Targets for T1-39800,T2-39700,T3-39500
Major Levels 40000,40200,39900
Tommorow Banknifty levels After a big selling in today's market we can expect more selling in banknifty on tomorrow market bcz our target was 39440
Sell Banknifty below 39910 (if candle was close below this level)
Target 39824 39627 39450
Sl 40105
Buy banknifty above 40105(candle close above it)
Target 40202 40325 40465
Sl 39910
Pin Point Prediction Of Bank Nifty For 23-2-23Hello Traders,
This fall of today was predicted yesterday . To make your trading easy Every day I predict trend and behaviors' of market in form of marking and predictions so that you trading can be easy. For more detail for tomorrow trading can be seen below,
#BANKNIFTY will BREAKOUT OR BREAKDOWN!!!!!#Banknifty yesterday already moved (+700) Points & needs to consolidate between 41800 To 42000 Range. #42000 Is Strong Resistance and hurdle for the banknifty. After Consolidation market can give good move towards DOWNSIDE OR UPSIDE. Till the breakout wait & watch as Today there is expiry also. Premium Decay will fast.
22/02/2023 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 high 40600 and taking Support from 40600 then open target for T1-40600,T2-40800,T3-41200
If the Banknifty after a Gap-down opening sustain last day low Below 40200 and and taking resistance below 40200 then the open Targets for T1-40000,T2-39800,T3-439600
Major Levels 40800,40600,40400