Hello traders, As we discussed in our last analysis, the market took resistance from the resistance zone, and the result was sideways. If we look at the chart data now: The market is taking resistance at 48119. (Why this resistance looks like my last bank nifty analysis). The market is trading at the resistance zone right now. Also, there has been a good...
Stay ahead of the curve with our daily Bank Nifty key levels! NiftyBank key levels for March 6, 2024 Overview: Today's trading session presented significant opportunities within the Bank Nifty index and we executed the trades based on the levels published yesterday on tradingview and we were able to capture the fall of 180 points in BankNifty on March 5 Here...
Possible GBPUSD trade scenario Enter with confirmation on ltf Manage risk if Direct entry on 4hr zone 1:2-3 Rr Indicator based SMC approach Follow and like for more setups
A strong bullishness is observed in BANKNIFTY index, now it is at one more crucial stage this time will this breaks the trendline or fails to break this line. if price failed to make a break above this will observe a one more fall in Bank Nifty. On bottom side we have liquidity lies below 44600 levels... Wait for the price to break the trendline and sustain...
I am sharing the important levels of Support and Resistance. These levels plays a crucial role in trading decisions, as they act as reliable markers of price movements. ------>>Support levels are price points where an asset tends to find buying interest, preventing it from falling further. ---->Resistance levels, on the other hand, are points where selling...
Today will be gap down opening in BANKNIFTY. After opening if banknifty start trading below 47450 level then possible downside rally of 400-500 points upto 47050 Level in todays session.Any Major upside only expected in case banknifty starts trading above 47550 level upto 47950 level & this rally can extend another 400 points if market gives breakout 48050 level.
Today will be gap up opening in BANKNIFTY. After opening if banknifty sustain above 47050 level then possible upside rally of 400-500 points upto 47450 level & this rally can extend another 400 points if market gives breakout 47550 level in todays session.Any Major downside only expected in case banknifty starts trading below 46950 level.also possible Reversal...
Today will be gap up opening in BANKNIFTY. After opening if banknifty sustain above 47050 level then possible upside rally of 400-500 points upto 47450 level & this rally can extend another 400 points if market gives breakout 47550 level in todays session.Any Major downside only expected in case banknifty starts trading below 46950 level.
Bank nifty index is taking the support multiple times from the level @46400 levels. this is the crucial level to see it will break the trendline to move upside or by facing the resistance in the form of support and falls back to below levels and continue to move down. even though price breaks the trendline we have to wait for bullish continuation.
Today will be gap up opening in BANKNIFTY. After opening if banknifty sustain above 46050 level then possible upside rally of 400-500 points upto 46450 level & this rally can extend another 400 points if market gives breakout 46550 level in todays session.Any Major downside only expected in case banknifty starts trading below 45950 level. also possible reversal...
Stay ahead of the curve with our daily Bank Nifty key levels! NiftyBank key levels for March 1, 2024 If you feel that this analysis helps you, Do Follow Us for more insights & Do Boost the post Overview: Today's trading session presented significant opportunities within the Bank Nifty index and we executed the trades based on the levels published...
A strong bullish momentum is observed from double bottom levels, now price is near to the previous strong resistance area, if these resistances acts as support then only will see an upside momentum...if they failed to push, it will continue its momentum towards below levels... CASE 1:: Rally Base Rally If it is a rally base rally price will take the support of...
BANKNIFTY Index is showing bearishness from 47200 levels... On top side price created a trendline...now until price breaks the trendline keep ur view to short only.. failed to consolidate on topside..to move upside.. so its time to look for short near the trendline... tomorrow chance of upside and test the trendline and again turned to bearish again... to grab the...
Today will be gap down opening in BANKNIFTY. After opening if banknifty start trading below 46450 level then possible downside rally of 400-500 points upto 46050 Level in todays session.Any Major upside only expected in case banknifty starts trading above 46550 level.
Bank nifty index is showing strong bearish pressure after the liquidity grab above 47200. price tested the demand zones on bottom side and now facing resistance at trendline. we have a chance of inverse head and shoulder pattern, to test the ATH levels. If consolidation happen above neckline will have a chance of testing the ATH is more.
Today will be gap down opening in BANKNIFTY. After opening if banknifty start trading below 46950 level then possible downside rally of 400-500 points upto 46550 Level & this rally can extend another 400 points if market gives breakdown 46450 level in todays session.Any Major upside only expected in case banknifty starts trading above 47050 level.
📈 Stay ahead of the curve with our daily Bank Nifty key levels! 🚀 #NiftyBank key #levels for 26th Feb, 2024 Look for the support and resistance lines and trade only at confirmation of reversal.
How to read a chart and make one is an art which one can master by practicing, understanding the patterns and applying logic in addition to reasoning. Today we will try to master this art with the help of below chart of Bank Nifty. Let us analyze it togther. After reading each paragraph try to look at the chart again for understanding it better. Look at the chart...