Let's Try to Find Banknifty Crucial Support ZoneToday Bank nifty made lifetime High 56161 but failed to give conviction Breakout, No Doubt Price action is very good also Support near 20 EMA on hourly or Daily chart with making a bullish ascending tringle Pattern But any pattern to validate need a strong moment through breakout/Breakdown we noticed buyer trapped in morning to see bank nifty touching lifetime high. you can go long with small stoploss but remember if such pattern would be failed then price probably fall & come to support near neckline, I mean to the place (pattern started) where it began, Banknifty Multiple support also a strong zone near 50-day EMA so it would be value buying zone Near 53500-53800.
So, I am waiting what do u think?
BANKNIFTY trade ideas
BANKNIFTY Daily Analysis📈 BANKNIFTY Daily Analysis – June 4, 2025
Current Price: ₹55,616.80
Change: +₹16.85 (+0.03%)
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🔍 Technical Outlook:
Rising Wedge Structure: Price is moving within a narrowing ascending channel — typically a bearish reversal pattern if broken.
Resistance Zone: Strong rejection seen near ₹56,161, suggesting supply pressure at highs.
PE Target Identified: ₹53,483 may act as the first target in case of short-term correction.
Imbalance Zone (Gap Area): Left behind from April rally; price may revisit this area to fill the inefficiency.
🧭 Potential Scenarios:
1. Short-Term Pullback: A dip toward the ₹53,483 PE target is possible.
2. Bounce Opportunity: Watch for a bullish reversal from either the PE target or the Potential Buy Zone at ₹52,000–₹52,500.
3. Bullish Continuation: If price holds above the channel, breakout above ₹56,161 could lead to a new rally.
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📌 Key Levels to Watch:
Resistance: ₹56,161
Support: ₹53,483 → ₹52,000 (Buy Zone)
Imbalance Area: Could attract price magnetically
💡 Trading Idea:
Consider put options or short-term shorts toward ₹53,483.
Re-evaluate long positions near ₹52K zone with confirmation.
[INTRADAY] #BANKNIFTY PE & CE Levels(06/06/2025)Bank Nifty is opening with a slight gap-up around 55800, but continues to consolidate in the same range that has held for the past few sessions. Despite attempts, no significant breakout or breakdown has occurred, indicating indecision and a potential buildup for a larger move.
Upside continuation will only be confirmed if the index sustains above 56050, opening room for a move toward 56250, 56350, and 56450+.
On the other hand, if price starts slipping back below 55900–55850, the index may retrace toward 55750, 55650, and 55550. Breakdown below 55450 will be a clear sign of weakness, targeting 55250, 55150, and 55050.
Bank Nifty Weekly Insights: Key Levels & TrendsBank Nifty ended the week at 56,578.40 with a gain of 1.49%
Key Levels for the Upcoming Week
🔹 Price Action Pivot Zone:
The critical range to monitor for potential trend reversals or continuation is 56,706 to 56,469
🔹 Support & Resistance Levels:
Support Levels:
S1: 56,113
S2: 55,639
S3: 55,053
Resistance Levels:
R1: 57,065
R2: 57,543
R3: 58,133
Market Outlook
✅ Bullish Scenario: A sustained move above 56,706 could trigger buying momentum, potentially driving Bank Nifty towards R1 (57,065) and beyond.
❌ Bearish Scenario: If the index falls below 56,469, selling pressure may increase, pulling it towards S1 (56,113) and lower levels.
Disclaimer: lnkd.in
BankNifty levels - Jun 10, 2025Utilizing the support and resistance levels of BankNifty, along with the 5-minute timeframe candlesticks and VWAP, can enhance the precision of trade entries and exits on or near these levels. It is crucial to recognize that these levels are not static, and they undergo alterations as market dynamics evolve.
The dashed lines on the chart indicate the reaction levels, serving as additional points of significance. Furthermore, take note of the response at the levels of the High, Low, and Close values from the day prior.
We trust that this information proves valuable to you.
* If you found the idea appealing, kindly tap the Boost icon located below the chart. We encourage you to share your thoughts and comments regarding it.
Wishing you successful trading endeavors!
BankNifty Technical Setup | Cup & Handle BreakoutBankNifty is showing a powerful Cup & Handle formation on the daily chart — a classic bullish continuation pattern.
📍 Breakout Level: 55,800
🎯 Target: 64,000+ (Upside of ~8,280 pts / 17%)
🛑 Support: 53,600 (Previous resistance)
💡 Volume backing the breakout confirms strength.
Previous triangle breakout → consolidation → now Cup & Handle — a textbook rally setup!
⚠️ A daily close above 56,000 could ignite the next leg of the uptrend.
[INTRADAY] #BANKNIFTY PE & CE Levels(09/06/2025)Bank Nifty is opening with a gap-up near the 56900 level, right into a critical resistance zone. While momentum is strong, the index is now approaching a potential reversal area.
If Bank Nifty sustains above 57050, we could see a continuation of the bullish trend with upside targets at 57250, 57350, and 57450+. A strong breakout above this zone could trigger fresh buying.
However, if the index fails to hold above 56900–57000 and starts to reverse, it may signal short-term exhaustion. In that case, a pullback toward 56750, 56650, and 56550 is possible.
A breakdown below 56450 would suggest weakness, exposing downside targets at 56250, 56150, and 56050.
It's jab between a bigger range!📍#Banknifty (TF : 2 H)
It's jab between a bigger range! Immediate resistance @ 55950 - 56150
#RBI Policy to be announce tomorrow, with eyes on PSU Banks
- Break & sustain above 56150, would invite upper range @ 56700 / 57400 / 58200 🔼
- While on the lower side if it break 55000, we could see Banknifty stuck again in the channel and it may further travel lower towards 54400 / 53700
BankNifty levels - Jun 04, 2025Utilizing the support and resistance levels of BankNifty, along with the 5-minute timeframe candlesticks and VWAP, can enhance the precision of trade entries and exits on or near these levels. It is crucial to recognize that these levels are not static, and they undergo alterations as market dynamics evolve.
The dashed lines on the chart indicate the reaction levels, serving as additional points of significance. Furthermore, take note of the response at the levels of the High, Low, and Close values from the day prior.
We trust that this information proves valuable to you.
* If you found the idea appealing, kindly tap the Boost icon located below the chart. We encourage you to share your thoughts and comments regarding it.
Wishing you successful trading endeavors!
BankNifty levels - Jun 09, 2025Utilizing the support and resistance levels of BankNifty, along with the 5-minute timeframe candlesticks and VWAP, can enhance the precision of trade entries and exits on or near these levels. It is crucial to recognize that these levels are not static, and they undergo alterations as market dynamics evolve.
The dashed lines on the chart indicate the reaction levels, serving as additional points of significance. Furthermore, take note of the response at the levels of the High, Low, and Close values from the day prior.
We trust that this information proves valuable to you.
* If you found the idea appealing, kindly tap the Boost icon located below the chart. We encourage you to share your thoughts and comments regarding it.
Wishing you successful trading endeavors!
BankNifty levels - Jun 06, 2025Utilizing the support and resistance levels of BankNifty, along with the 5-minute timeframe candlesticks and VWAP, can enhance the precision of trade entries and exits on or near these levels. It is crucial to recognize that these levels are not static, and they undergo alterations as market dynamics evolve.
The dashed lines on the chart indicate the reaction levels, serving as additional points of significance. Furthermore, take note of the response at the levels of the High, Low, and Close values from the day prior.
We trust that this information proves valuable to you.
* If you found the idea appealing, kindly tap the Boost icon located below the chart. We encourage you to share your thoughts and comments regarding it.
Wishing you successful trading endeavors!
BankNifty levels - Jun 05, 2025Utilizing the support and resistance levels of BankNifty, along with the 5-minute timeframe candlesticks and VWAP, can enhance the precision of trade entries and exits on or near these levels. It is crucial to recognize that these levels are not static, and they undergo alterations as market dynamics evolve.
The dashed lines on the chart indicate the reaction levels, serving as additional points of significance. Furthermore, take note of the response at the levels of the High, Low, and Close values from the day prior.
We trust that this information proves valuable to you.
* If you found the idea appealing, kindly tap the Boost icon located below the chart. We encourage you to share your thoughts and comments regarding it.
Wishing you successful trading endeavors!
BankNifty levels - Jun 02, 2025Utilizing the support and resistance levels of BankNifty, along with the 5-minute timeframe candlesticks and VWAP, can enhance the precision of trade entries and exits on or near these levels. It is crucial to recognize that these levels are not static, and they undergo alterations as market dynamics evolve.
The dashed lines on the chart indicate the reaction levels, serving as additional points of significance. Furthermore, take note of the response at the levels of the High, Low, and Close values from the day prior.
We trust that this information proves valuable to you.
* If you found the idea appealing, kindly tap the Boost icon located below the chart. We encourage you to share your thoughts and comments regarding it.
Wishing you successful trading endeavors!
BankNifty levels - Jun 03, 2025Utilizing the support and resistance levels of BankNifty, along with the 5-minute timeframe candlesticks and VWAP, can enhance the precision of trade entries and exits on or near these levels. It is crucial to recognize that these levels are not static, and they undergo alterations as market dynamics evolve.
The dashed lines on the chart indicate the reaction levels, serving as additional points of significance. Furthermore, take note of the response at the levels of the High, Low, and Close values from the day prior.
We trust that this information proves valuable to you.
* If you found the idea appealing, kindly tap the Boost icon located below the chart. We encourage you to share your thoughts and comments regarding it.
Wishing you successful trading endeavors!
[INTRADAY] #BANKNIFTY PE & CE Levels(30/05/2025)Today, Bank Nifty is expected to open flat near the 55600 zone. If it sustains above the 55550–55600 range, a bullish rally may continue with upside targets at 55750, 55850, and 55950+.
Further breakout above 56050 could trigger strong momentum toward higher targets of 56250, 56350, and 56450+.
On the downside, if Bank Nifty slips below the 55450–55400 level, a bearish move may unfold with downside targets at 55250, 55150, and 55050.
Nifty levels - Jun 02, 2025Nifty support and resistance levels are valuable tools for making informed trading decisions, specifically when combined with the analysis of 5-minute timeframe candlesticks and VWAP. By closely monitoring these levels and observing the price movements within this timeframe, traders can enhance the accuracy of their entry and exit points. It is important to bear in mind that support and resistance levels are not fixed, and they can change over time as market conditions evolve.
The dashed lines on the chart indicate the reaction levels, serving as additional points of significance to consider. Furthermore, take note of the response at the levels of the High, Low, and Close values from the day prior.
We hope you find this information beneficial in your trading endeavors.
* If you found the idea appealing, kindly tap the Boost icon located below the chart. We encourage you to share your thoughts and comments regarding it.
Wishing you success in your trading activities!
[INTRADAY] #BANKNIFTY PE & CE Levels(29/05/2025)Today, Bank Nifty is expected to open flat near the 55450–55500 zone. If it sustains above the 55550 level, a bullish rally may unfold with potential upside targets of 55750, 55850, and 55950+.
On the downside, if Bank Nifty fails to hold and breaks below the 55450–55400 zone, it could trigger a bearish move toward 55250, 55150, and 55050.
Expect consolidation near key levels. Wait for breakout or breakdown confirmation before entering trades. Use tight stop-loss and book profits at each target.
BANKNIFTY KEY LEVELS FOR 28/05/2025// The core idea behind this indicator was sparked by a simple but powerful clue:
// 👉 "Mark one level correctly, and the rest of the price action aligns around it."
// From that point onward, everything—the logic, calculation method, and application—has been developed independently through my own analysis and experience.
// I am not a seller, and no one taught me this system. This method is a result of my own effort and refinement.
///////////////////// Explanation /////////////////////
// This trading system is designed to eliminate blind trades by offering confirmation-based entry and exit points.
///////////////////// Entry/Exit Strategy /////////////////////
// - Use the BLACK line for long trades, and the RED line for short trades, in line with confirmation from your trading plan.
// - Stop Loss:
// - For long trades: below the RED line.
// - For short trades: above the BLACK line.
// - Take Profit:
// - For long trades: target the next RED line above.
// - For short trades: target the next BLACK line below.
///////////////////// Recommended Timeframe /////////////////////
// Use on a 5-minute chart for best results.
///////////////////// Disclaimer /////////////////////
// This setup is shared purely for educational purposes.
// I am not responsible for any gains or losses that may result from its use.
// Always use your own judgment and risk management.
BankNifty levels - May 28, 2025Utilizing the support and resistance levels of BankNifty, along with the 5-minute timeframe candlesticks and VWAP, can enhance the precision of trade entries and exits on or near these levels. It is crucial to recognize that these levels are not static, and they undergo alterations as market dynamics evolve.
The dashed lines on the chart indicate the reaction levels, serving as additional points of significance. Furthermore, take note of the response at the levels of the High, Low, and Close values from the day prior.
We trust that this information proves valuable to you.
* If you found the idea appealing, kindly tap the Boost icon located below the chart. We encourage you to share your thoughts and comments regarding it.
Wishing you successful trading endeavors!