BUY ABOVE - 47900 SL - 47730 TARGETS - 48050,48220,48460 SELL BELOW - 47730 SL - 47900 TARGETS - 47560,47400,47200 NO TRADE ZONE - 47730 to 47900 Previous Day High - 47900 Previous Day Low - 47570 Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the...
BUY ABOVE - 48050 SL - 47860 TARGETS - 48220,48460,48660 SELL BELOW - 47860 SL - 48050 TARGETS - 47730,47570,47400 NO TRADE ZONE - 47860 to 48050 Previous Day High - 48050 Previous Day Low - 47400 Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the...
BUY ABOVE - 47900 SL - 47730 TARGETS - 48050,48220,48460 SELL BELOW - 47730 SL - 47900 TARGETS - 47560,47400,47200 NO TRADE ZONE - 47730 to 47900 Previous Day High - 47900 Previous Day Low - 47000 Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the...
BUY ABOVE - 47560 SL - 47400 TARGETS - 47730,47900,48050 SELL BELOW - 47400 SL - 47560 TARGETS - 47200,47000,46800 NO TRADE ZONE - 47400 to 47560 Previous Day High - 47900 Previous Day Low - 47400 Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the...
BUY ABOVE - 47730 SL - 47450 TARGETS - 47930,48050,48220 SELL BELOW - 47570 SL - 47730 TARGETS - 47400,47200,47000 NO TRADE ZONE - 47570 to 47730 Previous Day High - 47930 Previous Day Low - 47570 Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the...
47400 is very important level. this level can be the bottom for bullish reversal. if this level fails and breakdown market can fall to 46250 next support.
Bank Nifty weekly levels for (06-05-2024 to 11-05-2024) Key Factors: 1. Bank Nifty has been smoothened in 3hrs and now it has been broken. 2. 49213 will act as a strong resistance and will lead to sell on rise. 3. As per my analysis, we can see 47350 soon. These ideas are given for learning purposes only.
Explanation: This is a very useful trading system. This means that you should not take a trade blindly, but rather that there is another confirmation to take the trade you can use this for perfect entry and perfect exit This trading opportunity is based on volume, previous price, and price range , are included Entry/Exit point's: - It has very easy entry and...
Market Outlook: This plan outlines potential trading strategies for BANKNIFTY on May 17th, focusing on optimal entry and exit points based on various opening scenarios. Trading Strategies: Gap Up Opening: Entry: If BANKNIFTY opens above 48050 and finds support at 47976, consider a long trade. Target 1: 48127 (potential sideways movement after initial...
BANKNIFTY GO FOR LONG Trade reason : 1)Day time strong uptrend & travel with Channel pattern 2)Strong Level Bottom Support - 47000 level 3)1 Hr time frame Makes HH . Entry confirmation Entry - 48100 Target 1 -49000 Target 2 - Channel Top . New Highs Possible Stop - 47300 Thank you ... Happy trading
Similar to NIFTY, BANKNIFTY witnessed bearish dominance last week, closing with a bearish weekly candlestick, yet maintaining a crucial support level around 47305 on the hourly timeframe. For the upcoming week, two key scenarios are under consideration: 1. Gap Up Opening: In the event of a gap up opening above 47700, sustained closure above this level without...
If BankNifty sustain above 47700 for 1 hr then we can see short covering as its oversold
No Price Action No Support and Resistance No Indicators No Moving Averages Not Gann levels These levels are purely based on mathematics
Banknifty Possible For small Downside Correction If sustain Below 48400 Next possible target Expected 46950 cmp.48970
NSE:BANKNIFTY Trading Strategy for 15th May, 2024 | Bullish Reversal confirmed. ✅ Breakout from lower end of rising channel at daily chart. ✅ Breakout from Falling wedge patter at 15 min Time Frame Trading Strategy :- ✅ Initiate CE trade if Banknifty crosses and sustains (min 30 mins) above 48000 - 48070 ✅ Target - 48258/48461 ✅ Initiate PE trade if Banknifty...
Good rebound indication given by the market today. Entered into the stream!
Today will be gap up opening in BANKNIFTY. After opening if banknifty sustain above 48050 level then possible upside rally of 400-500 points upto 48450 level in todays session. Any Major downside only expected in case banknifty starts trading below 47950 level.
BUY ABOVE - 48900 SL - 47400 TARGETS - 48050,48220,48460 SELL BELOW - 47400 SL - 47560 TARGETS - 47200,47000,46800 NO TRADE ZONE - 47400 to 47900 Previous Day High - 48220 Previous Day Low - 47400 Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the...