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Bankniftytradesetup

BANKNIFTY-- Liquidity@47200??BANKNIFTY INDEX is taken the support from the support level and neckline is failed to push the price downwards... --->>price failed to grab the liquidity on bottom side, results in bullish entry is placed after it is failed. ------->>so wait for the price to consolidate between the Head and Right shoulder to move upside to test the resistances at 47200 and a liquidity grab above these levels... Keep in long side as long as price is above 46200 levels, which is right shoulder. ----------------------------- now price is near to trendline... if opens up chance of moving upside is possible in this case... keep in short side aslongas price is below the trendline and Right shoulder.
NSE:BANKNIFTY
by IIT-Trader
1
BANK NIFTY INTRADAY LEVELS FOR 12/02/2024BUY ABOVE - 45730 SL - 45570 TARGETS - 46010,46200,46300 SELL BELOW - 45330 SL - 45570 TARGETS - 45110,44900,44610 NO TRADE ZONE - 45330 to 45730 Previous Day High - 45730 Previous Day Low - 44900 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 👍
NSE:BANKNIFTY
by Jagadheesh_JP
12 FEB 2024 BANKNIFTY SUPPORT AND RESISTANCE LEVELSHello Guys, Good Morning everyone, According to the data today market is going to open gap up After A gap up opening if Banknifty sustains Above 46100 and takes Support from 46200 then open target for T1-46300, T2-46400,T3-46500 If the Banknifty gap up opening sustains Below 46000 and takes resistance below 46000 then the open Targets for T1-45800, T2-45700,T3-45500 Major Levels 46000,46200,45800 If the market stands in this area of 46000 to 46200 then it is possible that even today the market will remain in the range.
NSE:BANKNIFTY
by mr_bull10
BANKNIFTY--Liquidity or Bullish??Bank Nifty index is showing bearish pressure from the right shoulder... a strong fall is noticed when neckline is rejected... Now price is near to its demand zones... A lot of liquidity is below the support levels... After the liquidity grab price chances of moving is more. on the topside, we have trendline....in order to reach the higher levels price has to break the trendline and retest...so keep in the bearish side as long as price is below the trendline... It might be in consolidation zone below trendline and above support zones. keep safe from these zones.
NSE:BANKNIFTY
by IIT-Trader
3
BANK NIFTY INTRADAY LEVELS FOR 09/02/2024BUY ABOVE - 45110 SL - 44900 TARGETS - 45330,45570,45800 SELL BELOW - 44900 SL - 45110 TARGETS - 44610,44430,44270 NO TRADE ZONE - 44900 to 45110 Previous Day High - 46200 Previous Day Low - 44900 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 👍
NSE:BANKNIFTY
by Jagadheesh_JP
09 FEB 2024 BANKNIFTY SUPPORT AND RESISTANCE LEVELSHello 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 45100 and takes Support from 45000 then open target for T1-45200, T2-45400,T3-45500 If the Banknifty gap down opening sustains Below 45000 and takes resistance below 45100 then the open Targets for T1-44800, T2-44700,T3-44500 Major Levels 45000,45200,44800 If the market stands in this area of 44800 to 45100 then it is possible that even today the market will remain in the range.
NSE:BANKNIFTY
by mr_bull10
BANK NIFTY INTRADAY LEVELS FOR 08/02/2024BUY ABOVE - 46010 SL - 45800 TARGETS - 46200,46500,46670 SELL BELOW - 45800 SL - 46010 TARGETS - 45570,45300,45110 NO TRADE ZONE - 45800 to 46010 Previous Day High - 46010 Previous Day Low - 45570 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 👍
NSE:BANKNIFTY
by Jagadheesh_JP
2
08 FEB 2024 BANKNIFTY SUPPORT AND RESISTANCE LEVELSHello Guys, Good Morning everyone, According to the data today market is going to open gap up After A gap up opening if Banknifty sustains Above 46000 and takes Support from 46000 then open target for T1-46100, T2-46200,T3-46400 If the Banknifty gap up opening sustains Below 45500 and takes resistance below 45500 then the open Targets for T1-45300, T2-45200,T3-45000 Major Levels 46000,45800,46200 If the market stands in this area of 46200 to 46000 then it is possible that even today the market will remain in the range.
NSE:BANKNIFTY
by mr_bull10
BANKNIFTY--Drop base Drop or Bullish??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 pressure typically prevents the asset from rising higher. Take a look at these levels and trade accordingly. Recognizing and respecting these support and resistance levels can help traders make informed decisions and manage risk effectively. They serve as key reference points for technical analysis and are vital tools in successful trading strategies. Trade safe...Thank you guys for your support
NSE:BANKNIFTY
by IIT-Trader
1
06 FEB 2024 BANKNIFTY SUPPORT AND RESISTANCE LEVELSHello 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 45500 and takes Support from 45500 then open target for T1-45700, T2-45900,T3-46000 If the Banknifty gap down opening sustains Below 45500 and takes resistance below 45500 then the open Targets for T1-45300, T2-45200,T3-45000 Major Levels 45500,45700,45400 If the market stands in this area of 45400 to 45700 then it is possible that even today the market will remain in the range.
NSE:BANKNIFTY
by mr_bull10
BANK NIFTY No need to say, that for more than six months, Bank Nifty has been trading in different channels, either upward or downward. 1. From 3rd July to 8th September BN was in a downward channel. (Channel 1). On 11th September this channel has been broken out clearly. And index moved upward till it reaches near the higher level of 21st july. From that level BN started to fall. 2. From 8th September to 3rd November BN stayed in a downward channel. (Channel 2) On 6th November this channel has been broken out. 3. From 23rd October to 1st December BN was in an upward channel. (Channel 3). On 4th October this has been broken out with a gap up opening. On the same day BN formed a big candle. 4. From 4th December to 16th January BN was in an upward channel. On 17th January BN fell from this channel, with a huge gap down opening. 5. On 17th BN entered into the previous channel again (Channel 3). But nowadays BN is not respecting the boundaries of this channel. And mostly BN stayed below the lower boundary of this channel. 7. From 14th December onwards BN is travelling in a downward channel. (Channel 5) 8. On 2nd February index has been rejected from the upper level of this channel (Channel 5). and formed a bearish engulfing candle. Please note, on weekly channel a bullish harami candle was formed. Declaimer: I am not a SEBI registered analyst. And this is not a trade recommendation.
NSE:BANKNIFTY
by alikoyakk
BANKNIFTY--Inverse Head & Sholuder??BANKNIFTY INDEX is created a Demand zone at 45450-45220 zone. If this zone again push the price upside, leads to creates an Right shoulder.. then will observe a inverse Head and shoulders will clearly seen if the same is happens from this demand zone. on topside(Neckline) at 46500-46700 zone is pushing the price downside, continuously. previous support is now acting as a resistance on the topside, as I already explained. so, now we have 2 possibilities:: Long:: Enter long when price comes to Demand Zone. (Or) If price consolidates between the neckline and old support level, then we have a chance of continuation upside. If price failed to create a right shoulder or demand zone fails to push the price upside, then we have short plan, when price consolidates between the head and Demand Zone. then a liquidity grab will be finished on bottom side and price is likely to test the strong demand zones at 43600 levels. will go for short side below demand zones...
NSE:BANKNIFTY
by IIT-Trader
2
BANK NIFTY INTRADAY LEVELS FOR 06/02/2024BUY ABOVE - 46010 SL - 45800 TARGETS - 46200,46500,46670 SELL BELOW - 45660 SL - 45880 TARGETS - 45500,45300,45110 NO TRADE ZONE - 45660 to 46010 Previous Day High - 46010 Previous Day Low - 45660 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 👍
NSE:BANKNIFTY
by Jagadheesh_JP
BANK NIFTY INTRADAY LEVELS FOR 05/02/2024BUY ABOVE - 46300 SL - 46040 TARGETS - 46500,46670,46890 SELL BELOW - 45910 SL - 46200 TARGETS - 45660,45500,45300 NO TRADE ZONE - 45910 to 46300 Previous Day High - 46890 Previous Day Low - 45910 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 👍
NSE:BANKNIFTY
by Jagadheesh_JP