Niftybank
BankNifty First Expiry on New Year and the intraday levelsThe above levels are to be considered for Intraday trading. Levels shared on the upside and downside is to counter the gap up or gap down openings of market.
If above the green zone, can be bullish until the next intraday resistance.
If below the green zone, can be bearish until the next intraday support.
In between the green zone, no trading zone.
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BankNifty Intraday Levels for 5th Jan 2022The above levels are to be considered for Intraday trading. Levels shared on the upside and downside is to counter the gap up or gap down openings of market.
If above the green zone, can be bullish until the next intraday resistance.
If below the green zone, can be bearish until the next intraday support.
In between the green zone, no trading zone.
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BankNifty For First trading session of the new yearThe above levels are to be considered for Intraday trading. Levels shared on the upside and downside is to counter the gap up or gap down openings of market.
Note: Consider only the Thin blue lines for intraday Trading. Ignore the Thick blue lines.
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Banknifty analysis for 29/12/2021Banknifty finding base from last 7 trading sessions and didn't break previous low.
And from last 7 days it is range bound also in wider range.
Immediate resistance is placed at 35350 let it break then we can see 35550 and 35700 level.
On the flip side 35000 will act as a strong support for this bounce back.
Trading level
Buy above 35350
Target 35480, 35550, 35650
Sl 35170
Sell below 35140 for 35000.
Bank Nifty - Key Support Level - Bounce or Break Down? Bank Nifty has been in upwards bullish channel since April 2021. Currently its at key Support level - Channel lower trend line. It can either bounce back (Green line) to test upper channel trend line or break down (red line) to test support levels marked in green. Its still in bullish trend, high chances to bounce back up.
Expiry Levels for BankNiftyThe above levels are to be considered for Intraday trading. Levels shared on the upside and downside is to counter the gap up or gap down openings of market.
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Indus Ind BankThe stock has broken out and retested, therefore it may undergo a rally. Trade is supported by brokerage calls and Supports Nearby.
Risk Reward Ratio - 2:1
SL is placed below support zone, upper & lower trendline. The target is placed near swing high.
Note: Market is having weak sentiments, making this a high risk trade. Due Caution Is Required.
NIFTY IT Sector to be watchout !!🛑NIFTY IT Sector breakdown and closed below 34600 zone which is psychological support zone and by now,
◽ if it traded n closed above 34600-34700 zone then BUY on dip will work very well in IT stocks where every major IT stocks falled about 10-20% from their highs
◽ with market perspective 34000 will be very crucial support level to hold IT stocks ( and for NIFTY 17600 ) if breakdown this level then market will get major correction for sure
🛑IT sector to be watchout for up coming couple of weeks
#banknifty view for next week 29th Oct'21 - 4th Nov'21:- Delta #banknifty view for next week 29th Oct'21 - 4th Nov'21:- Delta Update
In an uptrend, the pullbacks are very common and as long as 50 DMA (37,655) is not violated, the trend remains up, and generally price retracing to 20 DMA ( 39,070) is considered as pull back.
We have an identical set for the 1st week of Oct and will this scenario will be replicated?
I still see no reason to be panic in the market, because I can't see it in price.
Trade based on merits, above 40k we are strong & below 39k we are weak and 39K to 40k is turmoil range.
the structure shows upmove before Diwali, but you never know, trade with SL. If there is any setup formation or market reversal signal, will post it during live market hours.
The view might change below 38,377 gets breached.
DP :- 39,000 (above +ve and below -ve)
E.g. One of the important DP is the weekly low, if the weekly low is broken, then only you will be short else you won't.
John Maynard Keynes said, “the markets can remain irrational longer than you can remain solvent.” So be cautious and flexible as market conditions evolve.
Always trade what you see, never trade what you feel. Make this a habit, you won't be requiring any seminar, webinar, or mentor, you will be self-sufficient.
Regards,
SG
NIFTY : Level for 26th OctNIFTY : Level for 26th Oct
Nifty traded very well today.
17950 is very strong support for nifty and preparing for 18600 again
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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
NIFTY: Monthly to 3 min Analysis NIFTY : Month
Based on this analysis : Nifty is trading near support. once its sustain here, we may see again new ATH
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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