Get started

Bankniftytradesetup

Today Support and Resistance for Nifty and BankNifty Good Morning Everyone Date: 22nd November 2023 1. Yesterday unfolded as anticipated – a complete range-bound day. The market sustained the gap-up, remaining consolidated at the same level throughout. Such moves aren't favorable for the index. I advise against buying in the index, especially positionally. Beware of FOMO-driven purchases; caution is paramount. **Key Levels for Today:** - *Upside Critical Point:* 19,850 (Heaviest resistance; crossing it poses a significant challenge for the index). - *Downside Critical Support:* 19,660 (Crucial; breach may lead to deeper cuts in the index). **BankNifty Levels:** 1. *Upside Resistance:* 43,850 (Critical for any upward movement). 2. *Downside Support:* 43,500 (Essential; breach could lead to a deeper correction). *In the range between these two levels, consider a no-trade zone.* **Additional Insights:** - No specific stock updates today. - Wishing everyone a profitable day ahead! What's your view on this? Please share. Contact 8130724243 for Stock Market Courses from NSE Academy. We are affiliated with Empirical F&M Academy and NSE Academy. Hope this post adds valuable insights to your trading/investment journey. Don't forget to share with your friends. (*Bcz as your friends join you will have someone like-minded with whom you can share and discuss and bring clarity to your learning and life.*) *** Disclaimer: Please note that this is only for Study Purpose and not a recommendation. So please do your own research before investing in market.
NSE:NIFTY
by Trendx2
22 NOV 2023 BANKNIFTY SUPPORT AND RESISTANCE LEVELSHello Guys, Good Morning everyone, According to the data today market is going to open a gap up After A gap up opening if Banknifty sustains Above 43600 and takes Support from 43700 then may be fill the gap. open target for T1-43900, T2-44000,T3-44200 If the Banknifty gap up opening sustains Below 43500 and takes resistance below 43500 then the open Targets for T1-43400, T2-43300,T3-43100 Major Levels 43500,43600,43700 If the market stands in this area of 43500 to 43700 then it is possible that even today the market will remain in the range.
NSE:BANKNIFTY
by mr_bull10
BANK NIFTY INTRADAY LEVELS FOR 21/11/2023BUY ABOVE - 43720 SL - 43600 TARGETS - 43870,43970,44060 SELL BELOW - 43560 SL - 43690 TARGETS - 43450,43280,43050 NO TRADE ZONE - 43560 to 43720 Previous Day High - 43720 Previous Day Low - 43450 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 👍
NSE:BANKNIFTY
by Jagadheesh_JP
BANKNIFTY--@Trendline Retest??I am sharing the important levels of Support and Resistance. These levels play 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. They serve as key reference points for technical analysis. At the end of the session price taken the liquidity on bottom side..now the more liquidity lies on above 43800 levels...we have a strong support lies at 43300 levels...keep looking for buyside from this levels...or price may breaks this levels and reverses...keep safe here.. price recently broken the trendline ...it will retest soon...still bullishness is left...
NSE:BANKNIFTY
by IIT-Trader
2
21 NOV 2023 BANKNIFTY SUPPORT AND RESISTANCE LEVELSHello Guys, Good Morning everyone, According to the data today market is going to open a gap up After A gap up opening if Banknifty sustains Above 43700 and takes Support from 43700 then open target for T1-43900, T2-44000,T3-44200 If the Banknifty gap up opening sustains Below 43300 and takes resistance below 43300 then the open Targets for T1-43100, T2-43000,T3-42900 Major Levels 43500,43800,43300 If the market stands in this area of 43500 to 43700 then it is possible that even today the market will remain in the range.
NSE:BANKNIFTYLong
by mr_bull10
BANK NIFTY INTRADAY LEVELS FOR 20/11/2023BUY ABOVE - 43700 SL - 43610 TARGETS - 43790,43870,43970 SELL BELOW - 43550 SL - 43700 TARGETS - 43410,43280,43050 NO TRADE ZONE - 43550 to 43700 Previous Day High - 43870 Previous Day Low - 43550 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 👍
NSE:BANKNIFTY
by Jagadheesh_JP
BANK NIFTY INTRADAY LEVELS FOR 17/11/2023BUY ABOVE - 44170 SL - 44060 TARGETS - 44260,44410,44540 SELL BELOW - 44060 SL - 44170 TARGETS - 43970,43870,43700 NO TRADE ZONE - 44060 to 44170 Previous Day High - 44410 Previous Day Low - 44060 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 👍
NSE:BANKNIFTY
by Jagadheesh_JP
17-NOV-2023 : BANKNIFTY TRADE SETUPBANKNIFTY has a support at 44116-44078, but BANKNIFTY is on first wave of minor structure that can retrace to the level of 44241-44344 and drop back to the level of 43963-43955. first buying can be plan in this level with the slop loss of 30 points (43930), on dropping below this level BANKNIFTY can see 43722 and look for bounce back. On higher side, if BANKNIFTY could trade above 44344, buying should consider with SL of 44241 for the target of 44680/44827
NSE:BANKNIFTY
by LiveTradingBox
17 NOV 2023 BANKNIFTY SUPPORT AND RESISTANCE LEVELSHello Guys, Good Morning everyone, According to the data today market is going to open a gap down After A gap down opening if Banknifty sustains Above 44400 and takes Support from 44400 then open target for T1-44500, T2-44600,T3-44800 If the Banknifty gap down opening sustains Below 44100 and takes resistance below 44000 then the open Targets for T1-43800, T2-43700,T3-43500 Major Levels 44300,44100,44000 If the market stands in this area of 44100 to 44400, then it is possible that even today the market will remain in the range.
NSE:BANKNIFTY
by mr_bull10
BANK NIFTY INTRADAY LEVELS FOR 16/11/2023BUY ABOVE - 44260 SL - 44170 TARGETS - 44410,44540,44670 SELL BELOW - 44170 SL - 44260 TARGETS - 44060,43970,43870 NO TRADE ZONE - 44170 to 44260 Previous Day High - 44970 Previous Day Low - 43700 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 👍
NSE:BANKNIFTY
by Jagadheesh_JP
16 NOV 2023 BANKNIFTY SUPPORT AND RESISTANCE LEVELSHello Guys, Good Morning everyone, According to the data today market is going to open a gap gp After A gap up opening if Banknifty sustains Above 44300 and takes Support from 44350 then open target for T1-44400, T2-44500,T3-44600 If the Banknifty gap up opening sustains Below 44100 and takes resistance below 44000 then the open Targets for T1-43900, T2-43800,T3-43600 Major Levels 44300,44100,44000 If the market stands in this area of 44100 to 44300, then it is possible that even today the market will remain in the range.
NSE:BANKNIFTY
by mr_bull10
BANK NIFTY INTRADAY LEVELS FOR 15/11/2023BUY ABOVE - 44050 SL - 43970 TARGETS - 44230,44380,44500 SELL BELOW - 43970 SL - 44050 TARGETS - 43870,43700,43550 NO TRADE ZONE - 43790 to 44970 Previous Day High - 44970 Previous Day Low - 43700 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 👍
NSE:BANKNIFTY
by Jagadheesh_JP
10
15 NOV 2023 BANKNIFTY SUPPORT AND RESISTANCE LEVELSHello Guys, Good Morning everyone, According to the data today market is going to open a gap gp After A gap up opening if Banknifty sustains Above 44000 and takes Support from 44000 then open target for T1-44200, T2-44300,T3-44500 If the Banknifty gap up opening sustains Below 43600 and takes resistance below 43600 then the open Targets for T1-43500, T2-43400,T3-43300 Major Levels 44000,44100,43800 If the market stands in this area of 44000 to 43800, then it is possible that even today the market will remain in the range.
NSE:BANKNIFTY
by mr_bull10
BANKNIFTY--@Trendline Break??I am sharing the important levels of Support and Resistance. These levels play 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. They serve as key reference points for technical analysis.
NSE:BANKNIFTY
by IIT-Trader
19