BANKNIFTY levels are marked whenever the market touches the support zone, it will immediately touch the sell zone and fall. Kindly watch the US inflation data before punch in your trade.
Safer to go long above 280 INR with the immediate target 320 INR and the long-term target as 380 INR
The buying levels for IGL are posted. Entry for long position between 511 and 498, add in parts with stoploss near 478.
Banknifty levels for 9th Sep are posted. The upside resistance near 37012-37109-37200 and the downside support near 36680-36542-36388
Banknifty view for 27th Aug, 15 min chart, the downside support near area 35424-35301-35150-34991 and the upside resistance near 35918-36003-36189-36324
Nifty view for 27th Aug, 15 min chart, downside support near 16577-16542-16508 and the upside resistance near 16666-16700-16735
Nifty50 view for 25th Aug, the upside resistance near 16666-16700-16735 and the downside resistance near 16540-16508-16466
Banknifty view for 24th Aug, the upside resistance near 36055-36190-36373-36570 and the downside support near 35424-35270-35150-34991
Nifty view for 24th Aug. The upside resistance near area 16580-16634-16687 and the downside support near area 16416-16371-16318-16276
Banknifty 15 min chart, view for 23rd Aug. Banknifty will find the downside support near areas 34828-34753-34573-34624-34495, the upside resistance near 35256-35364-35466-35544.
Banknifty 15 min chart, view for 23rd Aug. Banknifty will find the downside support near areas 34828-34753-34573-34624-34495, the upside resistance near 35256-35364-35466-35544. Confirm the trade set-up away from the zone 35160-34942.
Banknifty seems found its downside support near the areas 35200-35010-(34804)-(34525) and the upside resistance near 35773-35973-36120. The market respect the C curve of ABC in 5-wave elliot swing. Hence may expect a higher volatility and also potential reversal from any support, so be cautious.
Banknifty 15 min chart view, downside support around ranges 35666-35566-35478-35350, resistance range around 36092-36216-36340-36448.
Muthoot finance, long set-up enter above 1486 INR, the price movement retracing with golden ratio from the previous swing.
M&M short term long entry above, 806 INR, for short term target at 900 INR, SL below 792 INR
The banknifty taking a support around 36000, break-out below 35900 and upside expected above 36050
IGL correcting BC leg to CD, risky traders can go for short entry till point D. A long entry with very less SL is possible from point D.
Intraday trade setup for banknifty | 19th July 2021