Bank Nifty for TomorrowThe black lines drawn are important levels which can be support ad resistance for Tomorrow 27th December 2023.
Niftybanktrend
BANKNIFTY NEXT LEVEL 26 MAY 2023As per my analysis 43742 is now support level for NSE:BANKNIFTY . Now every dip is buying opportunity until sustained below 43490. My expected upside target would 44890.
Note: This is my personal analysis, only to learn stock market behavior. Thanks.
BANKNIFTY 13.02.2023 VIEWAs per my analysis, NSE:BANKNIFTY spot support is 41395. My view is for upside only. We can expect upside level of 41850 once price sustained above level of 41395
Note: This is my personal analysis, only for learning. Thanks.
BANKNIFTY BUY IDEA 06.02.2023NSE:BANKNIFTY is sustaining above 41395.00 My idea is to take entry at 41395 with stop loss of 41250 (-145 points Risk)
My Expected upside target will be 41875 (+480 Points)
Note: This is my personal analysis, only for learning. Thanks.
BANKNIFTY Levels for 27.12.2022As per my analysis, NSE:BANKNIFTY is taking support and sustained above 42451, it can move up to level of 43100
Note: This is my personal analysis, only for learning.
Bank Nifty Levels & Strategy for 09/Dec/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: Today Bank Nifty hit & close at new lifetime high & now heading towards 44K level. FIIs were super bearish from last 2 days. Today, they switched the gear and became bullish in F&O after Gujarat election results. They are still net seller in cash segment in Dec. Two major events are over now RBI policy (specially commentary) & election results. Now, market will wait for US Fed policy in next week.
Buying momentum is very strong. Option data is indicating bullish move. Retail traders should look for buy on dips opportunity, book profit near lifetime highs & simply follow the trend till Bank Nifty continue to respect & hold the major support levels.
Please find below scorecard, PCR update & options statistics for your reference:
BANK NIFTY SCORECARD DATED 08/DEC/2022
BANK NIFTY IS UP BY 498 POINTS
Name Price Previous Day Change % Change
Bank Nifty 43597 43099 498.15 1.16%
India VIX 13.40 14.08 -0.68 -4.83%
OPTION STATISTICS BASED ON 15/DEC/2022 EXPIRY DATA
Max OI (Calls) 44000 (Open Interest: 1189925, CE LTP: 129.25)
Max OI (Puts) 43000 (Open Interest: 1443925, PE LTP: 82)
PCR 1.31 (PCR is in buying Zone)
Bank Nifty Calls:
ATM: Long Buildup, OTM:Long Buildup, ITM:Short covering, FAR OTM:Long Buildup
Bank Nifty Puts:
ATM: Short Buildup, OTM:Short Buildup, ITM:Short Buildup, FAR OTM:Short Buildup
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.
Nifty Bank option strategies tomorrow 19.9.22Nifty Bank option strategies tomorrow 19.9.22
Nifty Bank 15 min chart recovery from day low
tomorrow positive sentiment may be open in green.
next week RBI meeting is there
BANKNIFTY Trend AnalysisIt is moving inside a descending broadening wedge pattern similar to NIFTY50.
Expecting BANKNIFTY to hit 34900-35000 level before the last dump towards 32000 level if it will form Adam & Eve pattern I have highlighted as V shaped bottom and rounding bottom.
Only if the 5th wave is overextended, it can reach the edge of the pitchfork at 30180 level.
Both the scenarios are possible.
35000 level is at the confluence of 20 MA, trendline resistance and the top of the runaway gap which is going to get filled.
Will update as pattern unfolds in near future.
Do your own due diligence before taking any action.
Peace!!
Simple Trade Setup | BANKNIFTY | 18-04-2022 [INTRADAY]NSE:BANKNIFTY
Trade Setup for 18-04-2022
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
NiftyBank Futures Positional trading levels on daily time frameMajor Resistance 36887.05
Major Support 36472 to 36255
This is buying zone and Stop loss level for Positional long
Positional Longs Potential upside target of 1500 Points in Coming days
1st target 37274
2nd target 37782
3rd Target 38500
Short side target 35750 to 35700 Incase of breakdown below support level
short side 2nd target 35000 to 34800 incase of breakdown from 1st support zone.
Disclaimer: These levels are purely based on Price action/demand and supply zones & Technical Analysis and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor for before making trading decision.
Nifty Bank Futures Key Trading levels for 5th Oct 2021Nifty Bank Futures Key Trading levels for 5th Oct 2021
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views. Please consult your Financial Advisor before making any trading decision.
Leave a comment that is helpful or encouraging. Let's master the markets together
Nifty Bank Key Support & Resistance for 5th Oct 2021
Nifty Bank Spot Key Support & Resistance for 5th Oct 2021
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views. Please consult your Financial Advisor before making any trading decision.
Leave a comment that is helpful or encouraging. Let's master the markets together
Nifty Bank Spot Key Trading Levels for 1st Oct 2021
Nifty Bank Spot Key Trading Levels for 1st Oct 2021
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views. Please consult your Financial Advisor for before making trading decision.
Leave a comment that is helpful or encouraging. Let's master the markets together
Nifty Bank Futures Trading level for 30th Sept 2021
Nifty Bank Futures Trading level for 30th Sept 2021
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views. Please consult your Financial Advisor for before making trading decision.
Leave a comment that is helpful or encouraging. Let's master the markets together
Nifty Bank Futures Trading level for 29th Sept 2021Nifty Bank Futures Trading level for 29th Sept 2021
After Trending move on 28th Sept Nifty Bank may remain Volatile or rangebound
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views. Please consult your Financial Advisor for before making trading decision.
Nifty Bank Support & Resistance for 29th Sept 2021 Price TargetsNifty Bank Support & Resistance for 29th Sept 2021
After Trending move on 28th Sept Nifty Bank may remain Volatile or rangebound
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views. Please consult your Financial Advisor for before making trading decision.
Nifty Bank Futures Trading Levels for 28th Sept 2021 Banknifty Futures Trading Levels for 28th Sept 2021
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views. Please consult your Financial Advisor for before making trading decision.
Nifty Bank Support & Resistance for 28th Sept 2021Nifty Bank Support & Resistance for 28th Sept 2021
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views. Please consult your Financial Advisor for before making trading decision.
Nifty Bank Futures Trading levels for 22nd Sept 2021Nifty Bank Futures Trading levels for 22nd Sept 2021
Based on camarilla pivot
Disclaimer: These levels are purely based on Price action/demand and supply zones & Technical Analysis and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor for before making trading decision.
Nifty Bank Futures Trading level for 21st Sept 2021Nifty Bank Futures Trading level for 21st Sept 2021
based on Camarilla Pivot Points
Disclaimer: These levels are purely based on Price action/demand and supply zones & Technical Analysis and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor for before making trading decision.
Bank nifty Futures Trading levels for 20th Sept 2021BankNifty Futures Key Trading Levels for 20th Sept 2021
based on Camarilla Pivot Points
Disclaimer: These levels are purely based on Price action/demand and supply zones & Technical Analysis and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor for before making trading decision.
