Pair : Bank Nifty Description : Impulse Correction Bullish Channel as an Corrective Pattern in Short Time Frame Break of Structure RSI - Divergence Completed " 12345 " Impulsive Waves
Bank Nifty was in a uptrend channel on 3hrs Chart / after good consolidation know Breakdown / Bank Nifty almost 5% down from the peak. if bank nifty behave sideways for a week and invite sellers then uptrend will continue. Market is supreme . Plan your trade as per Behaviour. Only for educational purposes .
Today will be gap down opening in BANKNIFTY. After opening if banknifty start trading below 48450 level then possible downside rally of 400-500 points upto 48050 Level & this rally can can extend another 400 points if market gives breakdown 47950 level in todays session.Any Major upside only expected in case banknifty starts trading above 48550 level to 48950 level.
Hello Guys, Good Morning everyone, According to the data today market is going to open gap down Focus to buy above 48500 if sustain above 48400 focus for short selling After A gap down opening if Banknifty sustains Above 48600 and takes Support from 48600 then open target for T1-48700, T2-48800,T3-49000 If the Banknifty gap down opening sustains Below...
At least Bank Nifty is listening to me. It did stop indeed. Now let us see how bullish the bullish of bulls are on Indian Banks and their short-term growth prospects. No one is accumulating HDFC at least as expected. Fresh buyers have to come in and buy some banks take it higher.
Hello Guys, Good Morning everyone, According to the data today market is going to open gap down After A gap down opening if Banknifty sustains Above 46400 and takes Support from 46400 then open target for T1-46500, T2-46700,T3-46800 If the Banknifty gap up opening sustains Below 47000 and takes resistance below 47000 then the open Targets for T1-46800,...
Banknifty Support & Resistances are working really well. You can mark in your charts and I hope it will bring some ease. Happy trading/investing Cheers!
BANKNIFTY index is at important zone of resistance. price filled the bearish Gap at 48100 levels.. on bottom side price by consolidating above the major trendline, price tested the zone of resistance at 48100. this is the time to look for bearishness or Bullish continuation. Price is at Major zone of resistance.. This is one more crucial phase to continue or...
Bank nifty taken the liquidity below the 47200 levels... on bottom side we have a strong bullishness observed by breaking the trendline @46800 levels, now price is on its way to test this zone of support. this is the only zone that can push the BANKNIFTY further upside... keep in long side as long as price is above this levels. on the other hand, IF price failed...
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...
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...
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.
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...
Overview: Today's trading session presented significant opportunities within the Bank Nifty index and we executed the trades based on the levels published on tradingview Link for yesterday’s levels, you can check it yourself :- Here are the key levels to watch for potential entry and exit points in NSE:BANKNIFTY Resistance Levels: - Refer chart and...
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...
Hello Guys, Good Morning everyone, According to the data today market is going to open gap down After A gap down opening if Banknifty sustains Above 46500 and takes Support from 46500 then open target for T1-46700, T2-46800,T3-47000 If the Banknifty gap down opening sustains Below 46400 and takes resistance below 46400 then the open Targets for T1-46300,...