Bankniftyview
29/12/2022 BANKNIFTY SUPPORT AND RESISTANCE ZONEHello Guys,
Good Morning Everyone,
According to the data today market small gap-Up is going to open
After A gap-Up if Banknifty break last day high level and taking support from last day high above 43034 and sustain then open target for T1-43100,T2-43200,T3-43400
If the Banknifty after a gap-Up make resistance below last day high and break last day low then the open Traget for T1-42400,T2-44200,T3-42000
Major Levels 42400,42700,43034
BANKNIFTY : Stuck near resistance 26th Dec: BANKNIFTY perfectly take over by Bulls today with full power. Now we have to see if Bull continue tomorrow and hit all levels mention in chart. it it sustain to hold this levels we may see bear in control again.
Watch levels closely and study at your end.
27th Dec: Bulls are continue to touch our first level. Hopping tomorrow it will break first level. Now I have changed my Support little up as its formed new BASE on 15 min chart. Lets watch tomorrow.
28th Dec: Banknifty stuck near our resistance and unable to break first level. tomorrow Bulls required full power and gap up opening. Supported marked in Yellow is very important, although it is temporary support but can play key level if rejection in BankNifty. Lets see tomorrow price action and trade accordingly.
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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
28/12/2022 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 if banknifty taking support Last day Low above 42408 and sustain then open target for T1-42900,T2-43200,T3-43400
If the Banknifty after a gap-down sustain below Last day low 42408 then the open Traget for T1-42000,T2-41800,T3-41600
Major Levels 42400,42900,42080
Tomorrow banknifty levels For us tommorow was important bcz if we see 15 m chart of 3 days banknifty make a good head &shoulder pattern so if I break it we make bullish position
Buy banknifty above 42950
Target 43136 43326 43440
Sl 42640
Sell Banknifty below 42585
Target 42380 42220 41920 41634
Sl 42950
major levels marked..VOLATILITY IS HIGH, we really need to manage our RRR in ongoing market conditions. iv is high so option buying is making more sense. but one has to keep an eye on these major levels as the market is showing bullishness but it could be a pullback. so for buying side don't take the trade with huge qty because we are having 43000 and 43500 resistance on top and these levels may trigger some selling. even I will be watching these levels closely and will not be going to trade with big qty.
Best of luck traders.
BANKNIFTY : can break first level? 26th Dec: BANKNIFTY perfectly take over by Bulls today with full power. Now we have to see if Bull continue tomorrow and hit all levels mention in chart. it it sustain to hold this levels we may see bear in control again.
Watch levels closely and study at your end.
27th Dec: Bulls are continue to touch our first level. Hopping tomorrow it will break first level. Now I have changed my Support little up as its formed new BASE on 15 min chart. Lets watch tomorrow.
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
27/12/2022 BANKNIFTY SUPPORT AND RESISTANCE ZONEHello Guys,
Good Morning Everyone,
According to the data today market Small gap-up is going to open
After A gap-up if banknifty taking support Last day High above 42846 and sustain then open target for T1-43400,T2-43800,T3-44000
If the Banknifty after a gap-up sustain below Last day high 42846 break 22th dec low 42230 and sustain below thw low then the open Traget for T1-41300,T2-41200,T3-41000
Major Levels 42800,42500,42230
BANK NIFTY VIEWBank nifty is more bullish than NIFTY.
It is better to wait till 43000 level. If the trendline is broken then it is expected to touch the high formed by BN.
Else it will be good to short at 43000 level.
Trade safe. Manage risk. Be profitable.
Please follow us for more simple trading analysis and setups. Also let me know in the comment in case you have any queries.
Disclaimer :- This is just my view. Please analyze charts yourself and then decide to take any trades.
BANKNIFTY : Level for tomorrow BANKNIFTY perfectly take over by Bulls today with full power. Now we have to see if Bull continue tomorrow and hit all levels mention in chart. it it sustain to hold this levels we may see bear in control again.
Watch levels closely and study at your end.
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
26/12/2022 BANKNIFTY SUPPORT AND RESISTANCE ZONEHello Guys,
Good Morning Everyone,
According to the data today market Small gap-up is going to open
After A gap-up if banknifty taking support Last Daylow above 41600 and sustain then open target for T1-42000,T2-42300,T3-42600
If the Banknifty after a gap-up sustain below 41600 making a support The open Traget for T1-41300,T2-41200,T3-41000
Major Levels 41600,41300,41800
Tomorrow banknifty levels For us tommorow was important . 41520 was most important level for Banknifty if it break that thn seller was in full selling zone and big selling was come .
Buy banknifty above 41520
Target 41668 41824 41935 42090
Sl 41500
Sell Banknifty below 41510
Target 41351 41295 41114
Sl 41668
Bank Nifty Trade Setup for 26 DEC 2022 Disclaimer :
I am not a SEBI registered Analyst so please do your own Analysis before taking any action.
The above view is shared just for educational purpose.
By no means shall be responsible for any losses amounting out of it incase if any trades on it.
It is just a view, pls trade at your own risk. NSE:BANKNIFTY
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