BANKNIFTY we have had 2 nice moves from the trend decider posted on 03-AUG The downside target and bounce off it and then the upside target. We are again trying to hold below the trend decider- with some multiple lows an support below that. Given the correciton yday this is a low risk sort opportunity to test the downside targets
Hello!! Bank nifty ....... now this is at every crucial point can also go above and also down let's see the opening tomorrow it can also gap down 200 pt.s but I think it will gap up 200-400 pt.s. lets see #my_view #learnera
BNF Taking strong support on 21070-21200 zones and now it bounced back from support. can expect it to reach first resistance level within few days.
BANKNIFTY has opened below a major reference zone and staying below 21550 will continue to see weakness for this week ahead. Downside targets on lower side is 21050/20650. Aggressive traders can sell BANKNIFTY Futures with stops above 21850F or sell 21500CE at 250-300 range Safe traders tgt sell of 22000CE at 130 areas.
SL - 21150 T1- 21900 T2-22200 T3- 22800 Time -2-3 days
BANKNIFTY - We had for long marked the range of 21300-550 as a key range for the legs up or legs down, we tested back that range in the fall yesterday and there was enough pace to suggest a potential continuation. Hold below the areas of 21330 ( Trend Decider ) We are looking to test areas of 21050/ 20650 areas.
Long play at these areas for the marked target levels. we had a failed breakdown today and expect the trend decider to hold for the mentioned targets.
NSE:BANKNIFTY yesterday we capped a near perfect expiry trading session in BANKNIFTY, despite choppiness it played well with our trend decider areas. For today While we have opened in spot above trend decider, the futures continue to be within the previous day reference. We have to be mindful of the premiums. From a immediate BNF levels point of view we are...
big up move we can see soon
BANKNIFTY the zones marked worked like magic, key reference remains the areas of 20800-50F if we hold below we are looking for the test of marked downside levels
Banknifty has reached a potential destination for this upmove. The range of 20200-19850 is pretty much the near term reference to watch out , once we break outside this range we have a potential move to 20800F on the upside and 19200F on the downside. Now potential strategies to trade that move: 1. For the simpler on look to trade scalping pullbacks in this range...
BANKNIFTY bounced from good support Mon 30th, Dec 2019. View - Go long TGT - Booking level 32600 - 32610 / more up possible SL - Below 32230
Here is my idea Intraday setup for Bank nifty Index for 11th October 2019
This is my first attempt to publish the live market idea into the Public. Consider watching the video
Banknifty has given good rejection and formed inside candles. Would wait for Outside breakout and Sell for Targets mentioned on the charts. Rejection coincides with Harmonic Move. Hidden Bearish Divergence seen from the structure break Point till Recent Swing High of Rejection. Lets see how it moves. Cheers!!!!
#BNF: Last week scenario II was to trade breakout above 27150 zone to test 27500 range, it went there and higher than that as well, testing yearly highs and beyond it. Now here are the potential trade scenarios to trade the coming week: Prices manage to respect 27570 zones and we continue to move higher to test 27900 levels- which is a retracement of last weeks...
banknifty support band remains now at 26840-26890 zones, trading above that a pullback opportunity remains open. the challenges to this are: 1. Too sharp a trendline that will become difficult to defend for momentum play 2. Trading below the previous highs of 27060. it remains in no man land.
BNF: Last week , Played out all 3 scenarios that we laid out, a test near 26150, consolidation and 26300 levels and a upward test for 26800 levels. BNF continues to trade within the trading range formed on the 1st week of June. Testing the 78.2 % retracement, from there an upward push up to 27000, 27350 zones is a possibility. On the downside 26480-580 will...