Wait for retest to and reversal candlewait for reversal candle and then initiate longs in index........................................
Bankniftyview
Tomorrow banknifty levels We can see a great buy in banknifty on last 15m but it can close by making bearish engulfing on the top so we can expect some selling in morning if market was open below the engulfing candle and nxt candle can go down.
Sell Banknifty below 43200
Target 43130 43040 43985 43874
Sl 43280
Buy banknifty above 43284
Target 43350 43450 43600
Sl 43140
Ready for 43600 ??Today market was volatile as expected and trade setup shared in video, market is expected move higher tomorrow.
Pin Point Predictions Of Bank Nifty For 1-12-22Hello Traders,
This post was created yesterday with complete predictions in form of marking and trade idea. You can see the accuracy of marking . If want to more in detail about tomorrow trade direction and set up then can check below. My bit is to make your trading easy.
Yogesh Vats
30/11/2022 BANKNIFTY SUPPORT AND RESISTANCE ZONEHello Guys,
Good Morning Everyone,
According to the data, even today the market is about to open flat.
As soon as the Banknifty opens flat, if it builds support above 43100 and breaks the high of the last two days, then open target 43500 will be a new high.
And if Banknifty opens flat and breaks low of last day in 15 minutes candle and sustains below then open target 42800 - 42600
Major level 43300, 43000,42800
Bank Nifty Levels & Strategy for 30/Nov/2022Dear traders, I have identified chart levels based on my analysis, major support & resistance levels. Please note that I am not a SEBI registered member. Information shared by me here for educational purpose only. Please don’t trust me or anyone for trading/investment purpose as it may lead to financial losses. Focus on learning, how to fish, trust on your own trading skills and please do consult your financial advisor before trading.
BANK NIFTY
Bank Nifty opened flat & completely ignore the global markets. Made another lifetime high followed by profit booking & close above 100 EMA. FII are buying in cash but they adding bearish positions in F&O, Pro traders are also adding bearish positions in F&O. Big players are clearly managing index at higher level. What will happen when FIIs/Pro start selling in cash????? Market may correct very sharply. Retail traders are taking things for granted. VIX is low but it may rise in no time.
Why US market corrected yesterday? Fear of another US FED hike in Dec. This time RBI may have no choice but to go ahead with hike therefore we need to be careful in coming days & work level by level. Gujrat election results may also affect market. OPEC is getting ready for another OIL production cut. OPEC want to manage crude price at higher levels. We should follow trend (buy on dips) but avoid, stay away from buying euphoria & continue to book profit at higher levels. There is no harm is ignoring the last leg of rally.
Please find below scorecard, PCR update & options statistics for your reference:
BANK NIFTY SCORECARD DATED 29/NOV/2022
BANK NIFTY IS UP BY 33 POINTS
Name Price Previous Day Change % Change
Bank Nifty 43053 43020 33.00 0.08%
India VIX 13.62 13.57 0.05 0.37%
OPTION STATISTICS BASED ON 01/DEC/2022 EXPIRY DATA
Max OI (Calls) 43200 (Open Interest: 3883100, CE LTP: 121.55)
Max OI (Puts) 43000 (Open Interest: 4569800, PE LTP: 130.65)
PCR 0.78 (PCR is in bearish zone)
Bank Nifty Calls:
ATM: Short Buildup, OTM:Short Buildup, ITM:Long Liquidation, FAR OTM:Short Buildup
Bank Nifty Puts:
ATM: Short Buildup, OTM:Long Liquidation, ITM:Short Buildup, FAR OTM:Long Liquidation
Pin Point predictions Of Bank Nifty For 30-11-22Hello traders,
This post shows the marking Prediction done for today's trading. You can see price reacted on the se marked levels. For detailed analysis to understand with my prediction for tomorrow , can check it below. This will definitely make your trading easy.
Index going for M Pattern, high probability below 42950if we break 42950 then there is a high possibility that index may form M type pattern. initiate your longs carefully.
29/11/2022 BANKNIFTY SUPPORT AND RESISTANCE ZONEHello Guys,
Good Morning Everyone,
According to the data, even today the Banknifty may open a small gap down.
If the gap down opens and supports the swing zone(42900) of the Banknifty last day, then the banknifty can go to 43000 - 43100 means last day high.
If gap down as well as break the last day low by making last day swing zone as resistance then Banknifty can go to 42700-42500
Trade Setup for 29th NovAs shared in Yesterday's analysis price acted, observed a good bounce from 42700 level and price moved nearly 400 + points.
> for 29th -
Index is in consolidation zone and can see a good move upon breaking the zone in either side.
Pin Point Predictions Of Bank Nifty For 29-11-22Hello Traders,
This marking on chart posted yesterday for today's trading. Market used it as same , I manifested. To know in detail check below. If you understand it then your trading easy.
28/11/2022 BANKNIFTY SUPPORT AND RESISTANCE ZONEHello Guys,
Good Morning Everyone,
According to the data the Banknifty is going to open gap down today
If Banknifty opens gap down and sustains below last low then open target 42750 - 42550
And Another thing after gap down opening if banknifty taking support near by last day low and sustain above 43000 then open target 43200 - 43400
Major Level 42800, 43000, 42500
Correction in Bank nifty ??The index is moving in a HH pattern and in coming days we may see a good upside move till we are above 42500.
BankNifty Key Levels and Zones For Intraday [28th Nov 2022]Long opportunity above 43065 and 43345
Support near the 42885 area so you can go long if BankNifty shows some kind of rejection. Avoid shorting as of now. Buy on dips strategy is best
View is for intaday only
Pin Point Predictions Of Bank Nifty For 28-11-22Hello traders,
This chart shows the price action happened on my marking posted one day advance to make your trading easy. Just check the depth of levels shared . For detail predictions on 28-11-22 check below.
BANKNIFTY Weekly Support &Upside TargetAs per weekly chart on NSE:BANKNIFTY . We can see 41960 is the major support on closing basis. We can expect next upside target would be 45020 in next upcoming months.
Note: This is my personal analysis, only for learning.
Thanks.
Preparing to hit 44k !! must Comment your view.Do share your views, ........................................................
25/11/2022 BANKNIFTY SUPPORT AND RESISTANCE ZONEHello Guys,
Good Morning Everyone,
May be today's market going to open flat
After opening flat, the market can move up by taking support around 43000-42900.
If support is taken near 43000 then target can be opened 43300 43400
If banknifty breaks 42900 then we can open target till 42650 on the downside
Major level 42900 , 43000
Tomorrow banknifty levels We can see a very good breakout of trend which banknifty follow from last 4-5 days with great buying..
And nifty also break the strong resistance and made a good high with breakout of its trend. For our side we can see a good buying in both index .
Buy banknifty above 43000
Target 43163 43250 43500
Sl 42980
Sell Banknifty below 42980
Target 42855 42741 42669
Sl 43000
all time high....the chart speaks for itself. keep maintaining your 1/2RRR.
we are in a bullish market but I still remember markets when
ALL IS WELL TIME TO SELL.
my bias I will keep neutral we may can see some consolidation since we already witness a trending day today.
BankNifty Key Levels and Zones For Intraday [25th Nov 2022]Banknifty is relatively stronger than Nifty.
BankNifty has immediate support at around 43000 followed by 42850. The next support is near 42680.
The intraday trend is bullish, however below 42700 trends may reverse.
For the time buy on dips is what you look for.
Pin Point Predictions Of bank Nifty For 25-11-22Hello Traders,
This posted charts shows the predictions of price action happened today. For more details you can check below. What is going to happen tomorrow is also explained in detail. You would find easy in your trading if implement this information.
Yogesh Vats
24/11/2022 BANKNIFTY SUPPORT AND RESISTANCE ZONEHello Guys,
Good Morning everyone,
Gap market is about to open even today, just have to see how big it is getting
A good retracement can be seen today after gap up
If today market sustains by opening above yesterday's HH then open target for 43000-43200
And if the gap opens and breaks the low of 15 minutes, then it can go towards retracement, then open target 42500.
