Yesterday i predicted and find out the levels of bank nifty and result is Infront of you. My idea was pure bullish and levels are at 50507 and bnf taking resistance at my level. Keep supporting us by boosting me at trading view. I will start giving you stock analysis too if 30 Boost will complete on this idea.
If BankNifty makes further Lower Lows and Breaks the Previous Swing, We have a potential to see a fall of about 500+ Points.
BNF taking support! As expected low should be done. We can expect some bounce. Looks for CE if gap down tomorrow and stabilises for 15min low is not broken
One can take short position in futures BNF and can buy put option of 41200 tgt would be 40000. Trade or take position only at your risks
Banknifty is creating a bearish bat on daily If any Risky Trader fancy a contra trade This is the time Targets are marked
Week close on 40504* * Doji on Daily chart ,strong bullish candles on monthly and weekly. * Bollinger Band Resistance on Daily and Weekly time frame and early stage symptoms of Band walk on Monthly. Outlook for next week Neutral to bearish. Outlook for monthly Neutral to Bullish. S1: 39900 S2: 38400 S3: 37400 R1: 40900 R2: 41400 R3: 41900 Support and...
With banknifty making all type of bullish pattern in an hour charts itg is eminent to reach 40500 soon, but on what basis is it driving this market crazy? you would see it soon
Made very decent bottom at 430 levels. Divergence in 2 TFs - Hrly N Daily. Must have picked calls of 450/460 at 20June with SL 425/420 then and keep TSL later on. or hedged with 400PE. Tailwind of BNF.
Hi Traders, BNF might face tough resistance at current lvl of around 34375. Trade very carefully on Upside from here on until 35100 lvls, BNF might fall pretty quickly from here. On Downside, there is a good support from Demand Zone between 33900 - 33750 lvls. Regards, Anshul.
Hi Traders, BNF is in Bullish momentum from last couple of days 3-4 trading sessions and It might continue. On UPSIDE it might face resistance at 34150 followed by 34350 levels. Wait for each of these resistances to be broken on good volumes in BNF Futures. On DOWNSIDE 33500 is a strong Support in BNF which doesn't seem to get broken anytime soon.
Hi Traders/Investors, NSE:BANKNIFTY is looking weak as this point, waiting for the news on US GDP data. NIFTY took support from the Trendline in the morning and also closed exactly at the same Upward trendline. On DOWNSIDE, There is a Buy zone which would act as support but looks weak as of now between 33165 - 33300 levels. On UPSIDE, resistance at 33870...
Hi Traders/Investors, If you see two major big weightage components of BANK NIFTY i.e. NSE:HDFCBANK & NSE:ICICIBANK both have immediate resistance on UPSIDE. So, I feel these stocks can fall before moving upwards and hence BANKNIFTY might fall as well. On other side, if it moves significantly on UPSIDE, then gap between 33774 to 34346 can be filled. But this...
NSE:BANKNIFTY seems to be in a range and there is lot of resistance on the UPSIDE from Sell Zone b/w 33450 - 33600 levels. If BNF manages to cross this with good volumes on BNF Futures contract then, next resistance can be seen at 33800 levels. On Downside, Upward trendline would act as good Support, if it breaks with volumes then next Downside target would be...
NIFTY can continue upward trajectory as its following the Upward Trendline and may face resistance from whole Sell Zone, specially at 15887 level and if it crosses this then it would be a sharp rise to 16172 for Gap filling On Downside, today's low would act as support 15367, if it falls next support is at 15150.
NSE:BANKNIFTY has given a good bounce this morning but in second half the selling pulled the BANKNIFTY down n it lost almost half of the Upside. Fresh buying in BNF can come only after 33800 resistance is broken with good volumes in Futures. Watch out for it. Any fall below 32800 level can bring further downfall in BNF and it can retest 32400 levels again which...
NSE:BANKNIFTY Is taking Support from a Trendline as well as Buy Zone. Until this BUY Zone is not broken on higher volumes on downside in BNF Futures, Its a Buy on dips kind of period. NSE:HDFCBANK has given a good support to NSE:BANKNIFTY and looks really strong on charts. If HDFC BANK continues to support BNF, then we might see levels of 33800 in quick time.
NSE:BANKNIFTY BANKNIFTY is looking weak like all the indices across the board. But there is a good Buyzone which can act as support between 32420 - 31870 levels. On Upside 33800 is a strong resistance, which seems tough to be broken for now.