Bank NiftyBank Nifty 1hr chart support on trendline upper trendline breakout with strong candle & sustain on 48390.55 & it will be break 48633.75 then make new high....
BANKNIFTY
Review and plan for 8th January 2024Nifty future and banknifty future analysis and intraday plan in kannada.
This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post.
please consult your financial advisor before taking any action.
----Vinaykumar hiremath, CMT
[INTRADAY] #BANKNIFTY PE & CE Levels(05/01/2024) 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 & this rally can extend another 400 points if market gives breakout 48550 level. Any Major downside only expected in case banknifty starts trading below 47950 level.
Review and plan for 5th January 2024 Nifty future and banknifty future analysis and intraday plan in kannada.
This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post.
please consult your financial advisor before taking any action.
----Vinaykumar hiremath, CMT
[INTRADAY] #BANKNIFTY PE & CE Levels(04/01/2024) Today will be gap up opening in BANKNIFTY . After opening if banknifty sustain above 47550 level then possible upside rally of 400-500 points upto 47950 & this rally can extend another 400 points if market gives breakout 48050 level.Any Major downside only expected in case banknifty starts trading below 47450 level. also possible reversal downside 47950 level.
Review & plan for 4th January 2024 Nifty future and banknifty future analysis and intraday plan in kannada.
This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post.
please consult your financial advisor before taking any action.
----Vinaykumar hiremath, CMT
NIFTY BANK (BANKNIFTY) looks bullishBanknifty looks bullish for swing trade.
Monthly and Weekly RSI is above 60, and Daily taking support on the 60 level.
Looking closely at price action in a 75-minute time frame, one can quickly notice "Positive Reverse Divergence" (RSI is declining, but the price is not). RSI is taking support on 40. It would be a good swing trade if the RSI starts climbing and taking support at 40.
If the price falls below the 47500 level, it may weaken for a long trade.
Overall, the trend is still up.
[INTRADAY] #BANKNIFTY PE & CE Levels(03/01/2024) 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 & this rally can extend another 400 points if market gives breakdown 46950 level in todays session.Any Major upside only expected in case banknifty starts trading above 47550 level.
ICICIBANK : Bearish in upcoming days ?www.tradingview.com
ICICIBANK : The chart clearly shows non-sustainable after making its aggressive 52W High. Reversed with divergence at price as well as at RSI level on Daily time frame.
Further on chart, it is making Rising Wedge which again depicts the bearish trend. Further down, there is an opened gap between 950-960. A little down is the Point of Control of volume where most of the recent time it has spent. The Point Of Control attracts the price to its side.
If it doesn't revert from Point of Control, it can further go down at 925 level to take some breath because that is the edge of the Rising Wedge pattern. That is where there is a chance of reversal to become bullish again.
BankNifty level for upcoming dayswww.tradingview.com
BankNifty : It is at crucial level. Please have a look at the 3-hours chart for levels.
#BANKNIFTY FOR FUTURE TRADE#BANKNIFTY FOR FUTURE TRADE
Future trading 3000 points it will down to take demand
Review and plan for 3rd January 2023 Nifty future and banknifty future analysis and intraday plan in kannada.
This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post.
please consult your financial advisor before taking any action.
----Vinaykumar hiremath, CMT
Bank Nifty For TomorrowThe yellow marked lines are important levels of Bank Nifty for Tomorrow. One can use them as support and resistance levels.
[INTRADAY] #BANKNIFTY PE & CE Levels (02/01/2024) Today will be gap down opening in BANKNIFTY . After opening if banknifty start trading below 47950 level then possible downside rally of 400-500 points upto 47550 Level todays session.Any Major upside only expected in case banknifty starts trading above 48050 level.
[INTRADAY] #BANKNIFTY PE & CE Levels(01/01/2024) 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 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. also possible reversal upside 48050 level.
HDFCBANK : Divergence of Reversalwww.tradingview.com
HDFCBANK : HDFCBANK is about to touch its 52w HIGH level. However, there is a divergence being indicated at RSI on Daily timeframe chart. The similar divergence being indicated at price level as well. We need to be cautious as there are a few Gaps open at near 1640 and 1570.
As per Gap theory, every Gap has to be filled.
If it holds above 1720, it can go till 1800 at immediate next level. Else if it goes below 1700, it can go 1670 and 1550.
BANK NIFTY INTRADAY LEVELS FOR 29/12/2023BUY ABOVE - 48620
SL - 48470
TARGETS - 48800,49000,49250
SELL BELOW - 48350
SL - 48470
TARGETS - 48200,48030.47820
NO TRADE ZONE - 48350 to 48620
Previous Day High - 48620
Previous Day Low - 48350
I am sharing BANK NIFTY levels this levels acts as important support & resistance for intraday. if you want to trade with this levels wait for 15 min Candle closing above that levels. You can trade with breakout and reversal both.
In this channel, I share my expertise in trading strategies, technical analysis, and market trends to help you make informed decisions in your trading ventures.
Stay tuned for daily updates, in-depth market analyses, and real-time trading scenarios to witness firsthand how we transform from Zero to Hero in the trading world. My Only aim is to empower you with the knowledge and skills necessary to navigate the complexities of the financial markets successfully.
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 👍
[INTRADAY] #BANKNIFTY PE & CE Levels (29/12/2023) Today will be gap up opening in BANKNIFTY . After opening if banknifty sustain above 48550 level then possible upside rally of 400-500 points upto 48950 level.Any Major downside only expected in case banknifty starts trading below 48450 level.
Review and plan for 29th December 2023Nifty future and banknifty future analysis and intraday plan in kannada.
This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post.
please consult your financial advisor before taking any action.
----Vinaykumar hiremath, CMT
[INTRADAY] #BANKNIFTY PE & CE Levels(28/12/2023) Today will be gap up opening in BANKNIFTY . After opening if banknifty sustain above 48550 level then possible upside rally of 400-500 points upto 48950 level & this rally can extend another 400 points if market gives breakout 49050 Level. Any Major downside only expected in case banknifty starts trading below 48450 level.
Review and plan for 28th December 2023Nifty future and banknifty future analysis and intraday plan in kannada.
This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post.
please consult your financial advisor before taking any action.
----Vinaykumar hiremath, CMT
BANK NIFTY INTRADAY LEVELS FOR 27/12/2023BUY ABOVE - 47820
SL - 47650
TARGETS - 48030,48160,48420
SELL BELOW - 47650
SL - 47820
TARGETS - 47420,47200,46900
NO TRADE ZONE - 47650 to 47820
Previous Day High - 47820
Previous Day Low - 47420
I am sharing BANK NIFTY levels this levels acts as important support & resistance for intraday. if you want to trade with this levels wait for 15 min Candle closing above that levels. You can trade with breakout and reversal both.
In this channel, I share my expertise in trading strategies, technical analysis, and market trends to help you make informed decisions in your trading ventures.
Stay tuned for daily updates, in-depth market analyses, and real-time trading scenarios to witness firsthand how we transform from Zero to Hero in the trading world. My Only aim is to empower you with the knowledge and skills necessary to navigate the complexities of the financial markets successfully.
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 👍
[INTRADAY] #BANKNIFTY PE & CE Levels(27/12/2023) 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. Any Major downside only expected in case banknifty starts trading below 47950 level.
