BankNifty Trading SetupBankNifty has been trading within a 400-point range since Monday, Tuesday, and Wednesday, sustaining near its all-time high (ATH). If BankNifty crosses above 54,200 on Thursday and holds above that level for at least 15 minutes, our first target will be 54,400, and the second target will be 54,600.
This is for educational purposes only. We are not SEBI registered.
BANKNIFTY
BANKNIFTY: WHAT'S NEXT..?Bank Nifty has recently broken through its all-time high resistance level and is trading for 54000. Given this significant breakout, it would be prudent to exercise patience and wait for a pullback to the 53150- 53200 level before considering an entry position. This approach may offer a more favorable risk-reward ratio and enhance the potential for a successful trade.
BANK NIFTY INTRADAY LEVELS FOR 25/09/2024BUY ABOVE - 54170
SL - 53920
TARGETS - 54380,54600,54800
SELL BELOW - 53920
SL - 54170
TARGETS - 53700,53500,53290
NO TRADE ZONE - 53920 to 54170
Previous Day High - 54170
Previous Day Low - 53920
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/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
Stance remains the same Banknifty is bullish after correctionAs mentioned in previous analysis, banknifty might show some correction before continuing the bullish momentum. So I hope nobody was trapped today, as the market was fully sideways, now tomorrow will be a volatile day, a downside move followed by breakout above 54200. For levels check the chart or previous analysis.
BankNifty Today: 2900+ Points Profit Caught on RisologicalBankNifty Today: 2900+ Points Profit Caught on Risological Swing Trader
This is unbelievable!
BankNifty 2900+ Points one side move caught.
We got a confirmed entry at 51,230 and there is no looking back.
Our last take profit target was at 52,147, closed partially on TP4 and continued to hold the other partial position that is currently at 2900+ massive MASSIVE profit!!
For people who have been sending me DMs asking the indicato'r name, it is a paid indicator. Please Google - Risological Swing Trader.
Best regards,
Namaste!
[INTRADAY] #BANKNIFTY PE & CE Levels(24/09/2024)Today will be flat opening expected in banknifty near 54000 level. After opening if banknifty sustain above 54050 level then expected upside rally upto 54450 level and this bullish rally can be extend for another 400-500 in case banknifty starts trading above 54550 level. Any major downside only expected below 53950 level.
BANK NIFTY INTRADAY LEVELS FOR 24/09/2024BUY ABOVE - 54170
SL - 53920
TARGETS - 54380,54600,54800
SELL BELOW - 53920
SL - 54170
TARGETS - 53700,53500,53290
NO TRADE ZONE - 53920 to 54170
Previous Day High - 54170
Previous Day Low - 53700
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/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
As Banknifty is in Bullish Terrotory but some downside expectedBanknifty is in Bullish mood but whoever knows SMC trading might know some PoI is pending just around 53400 and I am not in any mood to fight with market and get into any bearish trade without following any stop losses.
If banknifty touches the 53,400 mark then I will wait for confirmation with double bottom pattern which should must show higher high higher lows and then only I will trade with target upto 54932 for positional basis and for inraday I will trail after 54,200 because at any moment retracement can occur.
Hope the chart and marking helps you in next trading sessions.
[INTRADAY] #BANKNIFTY PE & CE Levels(23/09/2024)Today will be strong gap up opening of 300-400 points expected in banknifty. After opening expected banknifty reach upto 54450 level and this bullish rally can be extend for another 400-500 in case banknifty starts trading above 54550 level. Any major downside only expected below 53950 level.
BANK NIFTY INTRADAY LEVELS FOR 23/09/2023BUY ABOVE - 53900
SL - 53700
TARGETS - 54110,54300,54500
SELL BELOW - 53700
SL - 53900
TARGETS - 53500,53290,53020
NO TRADE ZONE - 53700 to 53900
Previous Day High - 54100
Previous Day Low - 53020
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/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
HDFC BANKTechnicals:
1) HDFC Bank share was in a range for almost 3.8 years.
2) Despite seven previous attempts, the price failed to close above the trend line, but on the eighth attempt, it successfully closed above it.
DISCLAIMER: Strictly for discussion purposes only, not for making investment decisions.
BANK NIFY INTRADAY LEVELS FOR 20/09/2024BUY ABOVE - 53290
SL - 53020
TARGETS - 53500,53750,54000
SELL BELOW - 53020
SL - 53290
TARGETS - 52820,52620,52400
NO TRADE ZONE - 53020 to 53290
Previous Day High - 53290
Previous Day Low - 52820
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/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
Banknifty Intraday Levels: 20-Sep-24Index fill the previous Gap and move upside , important upside hurdle 53300 breakout can expect more up.
Immediate Support @52800 breakout drag price for downside.
Wait for proper price action at levels for Entry.
Bullish > 53100
Bearish > 52800
Use SL trailing method instead for secure profits.
BANKNIFTYHi guys,
In this chart i Found a Demand Zone in BANKNIFTY CHART for Positional entry,
Observed these Levels based on price action and Demand & Supply.
*Don't Take any trades based on this Picture.
... because this chart is for educational purpose only not for Buy or Sell Recommendation..
Thank you
[INTRADAY] #BANKNIFTY PE & CE Levels(19/09/2024)Today will be gap up opening expected in banknifty near 53000 level. After opening if banknifty starts trading above 53050 level then possible strong upside rally of 400-500 points in index. Downside 52550 will act as a strong support for today's session.
BANK NIFTY INTRADAY LEVELS FOR 19/09/2024BUY ABOVE - 52820
SL - 52620
TARGETS - 53000,53230,53500
SELL BELOW - 52620
SL - 52820
TARGETS - 52400,52260,52120
NO TRADE ZONE - 52620 to 52820
Previous Day High - 53000
Previous Day Low - 52120
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/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
BANK NIFTY INTRADAY LEVELS FOR 17/09/2024BUY ABOVE - 52200
SL - 51990
TARGETS - 52400,52620,52800
SELL BELOW - 51990
SL - 52200
TARGETS - 51820,51670,51530
NO TRADE ZONE - 51990 to 52200
Previous Day High - 52200
Previous Day Low - 51990
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/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍