BANKNIFTY BANKNIFTY closed below va
1. gapup 43900 can look to short till 43400
2. flat opening can expect continuation belw pdl till 43400
3. gap down 43400 can expect a pull back till till 43600
BANKNIFTY1! trade ideas
Day Trader’s Post Market Analysis - Nifty BankNifty-15th June 23Below mentioned points are discussed in my post analysis video(Fast forward to 2:01 for Hindi Audio)
-Easy short in nifty in the morning
-System trade did not trigger but did meet my target
-43990 in Banknifty or Monday's Low was an imp level to watch for shorts.
-How will i trade when market opens tom
Banknifty 15 Jun 2023Today we focus on trandline.......bank nifty fully supprt these teandline..............maeket may be down or side ways today
Review and Tradingn plan for 15th June 2023 Nifty future and banknifty future analysis and intraday plan in kannada.
This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post.
please consult your financial advisor before taking any action.
----Vinaykumar hiremath, CMT
BANKNIFTY Futures Analysis for Expiry Day (June15th)Until we close above the fibo channel 44325 dont trade upside. If you find a green candle closing above 44325 get into CE with tgt at 44500 and SL closing below 44325
Every fibo channel line will act as support on downside. The last support is 44042 below which if we close then we can go short
BankNifty Breaks Channel Pattern and Forms Reversal CandleBankNifty Breaks Channel Pattern and Forms Reversal Candle at Resistance, Indicating Potential Bearish Momentum
Date: June 14, 2023
In a significant development for the financial markets, BankNifty, a prominent index tracking the performance of banking stocks in India, has broken a long-standing channel pattern and recently exhibited a notable reversal candle at a key resistance level of 44,202. This event has garnered attention among traders and analysts alike, signaling a potential shift towards bearish momentum.
The channel pattern, which had been guiding the movement of BankNifty over the past several months, was breached as the index surpassed its upper boundary. This breach denotes a departure from the established trend and has sparked anticipation of a new market direction.
Adding to the bearish sentiment, a reversal candle has formed at the critical resistance level of 44,202. Reversal candles are chart patterns that suggest a possible shift in sentiment, often heralding a reversal in the ongoing trend. This occurrence at a significant resistance level intensifies the likelihood of a bearish momentum taking hold in the BankNifty.
Market analysts and traders are keenly observing the current situation, considering the implications of this break and reversal. A sustained move below the channel pattern and the resistance level could further reinforce the bearish outlook for BankNifty, potentially leading to extended downward movement in the near term.
If this anticipated bearish momentum continues to materialize, it could impact various sectors within the banking industry and potentially influence investment strategies. Traders and investors are advised to closely monitor the evolving situation, taking into account technical indicators and fundamental factors to make informed decisions.
As with any financial market prediction, it is essential to exercise caution and consider multiple perspectives before drawing conclusions. The outcome of this potential bearish momentum remains uncertain, and market participants should be prepared for various scenarios.
Disclaimer: The information provided in this news article is for informational purposes only and should not be considered as financial advice. Trading and investing in the financial markets carry risks, and individuals should conduct thorough research and seek professional guidance before making any investment decisions.
BANKNIFTYBANKNIFTY was in a range
1. gapup 44300 can long till 44500
2. flat opening 44200-44000 will wait for price reaction at these zones
3. gap gown 44000 can short till 43900-43700
Day Trader’s Post Market Analysis - Nifty BankNifty-14th June 23Below mentioned points are discussed in my post analysis video(Fast forward to 1:47 for Hindi Audio)
-Nifty 1hr gave a buy opp. in the morning as per levels
-BankNifty was sell and Nifty was buy as per levels shared in Post Market Videos
-System trade triggered and SL was hit on the same candle
-How will i trade when market opens tom.
Review and Trading plan for 14th June 2023Nifty future and banknifty future analysis and intraday plan in kannada.
This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post.
please consult your financial advisor before taking any action.
----Vinaykumar hiremath, CMT
BANKNIFTY BANKNIFTY movement is too erratic still its buy the dips
1. gapup 44250 can long till 44320-44400
2. flat opening 44250-44000 will wait for price reaction at these zones
3. gap down 44000 look for longs till 44250
Review and Trading plan for 13th June 2023Nifty future and banknifty future analysis and intraday plan in kannada.
This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post.
please consult your financial advisor before taking any action.
----Vinaykumar hiremath, CMT
BANKNIFTYBANKNIFTY was range bound
1. gapup 44200 can target 44300
2. flat opening 44150-44000 will be no trading zone plan ur trade either side
3. gap down 44000 can short till 43900-43700
Review and Trading plan for 12th June 2023Nifty future and banknifty future analysis and intraday plan in kannada.
This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post.
please consult your financial advisor before taking any action.
----Vinaykumar hiremath, CMT
EMA 50 & 100 days range At 15 mini time frame , using Fib extension tool .. drawn the levels of fall as already fall indicated .
Lets have this as use case before we come to have conclusion.
BANKNIFTYBANKNIFTY forms a shooting star on weekly tf
1. gapup 44300can long till 44500
2. flat opening 44300-44100 will wait for price reaction at these zones
3. gapdown 44000 can short till 43900-43700
BN Showing Rejection on imp levelBN
1. 44500 looks like strong Resistance & 44000 is strong Support.
2.it Showing Rejection & as per MACD its shows a bullish signal
Review and Trading plan for 9th June 2023Nifty future and banknifty future analysis and intraday plan in kannada.
This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post.
please consult your financial advisor before taking any action.
----Vinaykumar hiremath, CMT
BANKNIFTYBANKNIFTY closed below va
1. gapup 44300 can short till 44000-43900
2. flat opening 44300-44200 will wait for price reaction at these zones
3. gap down 44100 can short till 44000-43900
Review and Trading plan for 8th June 2023Nifty future and banknifty future analysis and intraday plan in kannada.
This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post.
please consult your financial advisor before taking any action.
----Vinaykumar hiremath, CMT
BANKNIFTYBANKNIFTY rallied at eod
1. gapup 44420 can long till 44520
2. flat opening 44420-44320 will wait for price reaction at these zones
3. gap down 44300 can short till 44200
Review and Trading plan for 7th June 2023Nifty future and banknifty future analysis and intraday plan in kannada.
This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post.
please consult your financial advisor before taking any action.
----Vinaykumar hiremath, CMT
BANKNIFTYBANKNIFTY closed above va
1. gapup 44400 can long till 44500
2. flat opening 44400-44200 will be the range breakout of either side can plan ur trade
3. gap down 44150 can short till 44000
Trading plan for 6th June 2023Nifty future and banknifty future analysis and intraday plan in kannada.
This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post.
please consult your financial advisor before taking any action.
----Vinaykumar hiremath, CMT
