If BANKNIFTY sustain above 47869 or 47906 then 48089 to 48125 then 48255 to 48292 above this bullish then 48470 to 48506 above this more bullish If BANKNIFTY sustain below 47744 or 47708 then 47520 to 47483 then 47364 to 47327 below this bearish then 47133 to 47097 then 46983 to 46947 below this more bearish Consider some buffer points in above levels. Please...
Banknifty Possible For small Downside Correction If sustain Below 48400 Next possible target Expected 46950 cmp.48970
This trading plan outlines potential entry and exit points for BANKNIFTY based on different opening scenarios on May 16th, 2024. Remember, this is for informational purposes only and should not be considered financial advice. Opening Scenarios: 1. Gap Up Opening Above 47,850 Long Entry: If the price opens with a significant upward gap exceeding 47,850 and...
BankNifty Weekly Demand Zone setting up as a potential entry point
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...
Support and Resistance Levels: In technical analysis, support and resistance levels are significant price levels where buying or selling interest tends to be strong. They are identified based on previous price levels where the price has shown a tendency to reverse or find support. Support levels are represented by the green line and green shade, indicating areas...
* Major Levels only* If BANKNIFTY sustain above 47942 then 48255 to 48328 above this bullish then 48641 to 48715 above this more bullish If BANKNIFTY sustain below 47869 then 47556 to 47483 below this bearish then 47170 to 47097 below this more bearish Consider some buffer points in above levels. Please do your due diligence before trading or...
If BankNifty sustain above 47700 for 1 hr then we can see short covering as its oversold
Bounced off from the perfect channel low, but the price action yesterday, disappoints in relative terms. Looks market is waiting for some more clarity, the ration is the cause and effect. US CPI numbers later today might set the tone or is it another data that vanishes in the din?, does not appear to be so. Markets within this channel clearly shown the...
Analysis of Potential Opening Scenarios: Gap Up Opening: A gap up opening above 48000 with support at 47978 could see BANKNIFTY trading between 47950 – 48109. Breaking above 48109 may lead to higher levels at 48416 – 48616, while breaking below 47950 could trigger a drop towards 47697 and further to 47460. Flat Opening: In case of a flat opening, BANKNIFTY may...
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...
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.
BNF consolidated today and moved in a particular range only. Almost 2000 points in last few sessions. An upward movements is possible, also if the price ditches the red line by breakout failure, consider BNF bearish only till 46k levels. There is a big 1000 points zone in green color which can act as multple scenario changer. this zone can provide 1000 points...
Bank Nifty is showing Head and shoulders pattern. Please be ready for big downward move. Put you money in PUT option rather than CALL options. Let's earn money togather.
Hello guys Long time no update from my end will update from now on please share with you friends to learn more about share market. Banknifty will have pressure at 49000 level as there is enough call writing to push down the banknifty so wait for the breakout above 49050 level and sell below 48650 which can take till 48550. Make sure you book your profit...
No Price Action No Support and Resistance No Indicators No Moving Averages Not Gann levels These levels are purely based on mathematics. If it is useful please give your comment.
expecting small fall from the zone . look for confirmation inside zone in smaller tf. - good for intraday trade - entry inside zone - sl is day close above zone - for target draw fib retracement from C to latest swing high , use 0.236 fib as tgt 1 (safe place for intraday), 0.382 as tgt 2 (risk takers). - don't trade , if u didn't get selling confirmation...
When cross and close above 49000, then Bank Nifty fly 50000 in next 3-4 days. Its going to be a new High.