12 SEPT 2023 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 sustain Above 45400 and taking Support from 45400 then open target for T1-45600,T2-45700,T3-45800
If the Banknifty Gap-Up opening sustain Below 45500 and taking resistance below 45500 then the open Targets for T1-44300,T2-44200,T3-44100
Major Levels 45000,45400,44500
If the market stande in this area of 44500 to 45100, then it is possible that even today the market will remain in the range.
Bankniftytradesetup
banknifty pre market analysis12 SEP ANALYSIS:
Daily analysis:
PS-Position size
Nifty opens:
side: if it gives breakout buy(50)
gapup: see further priceaction
gapdown: will see further price-action, will sell if gives breakdown
Banknifty
side: if it gives breakout buy(50)
gapup: see further priceaction
gapdown: will see further price-action, will sell if gives breakdown
BANK NIFTY INTRADAY LEVELS FOR 11/09/2023BUY ABOVE - 45200
SL - 45070
TARGETS - 45380,45490,45630
SELL BELOW - 45070
SL - 45200
TARGETS - 44950,44830,44660
Previous Day High - 45380
Previous Day Low - 44830
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.
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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.
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BANKNIFTY--Trendline or Bearish Gap??After successfully breaking the trendline, the price exhibited a robust upward momentum, breaching the formidable resistance level at 45,100.
However, there's a notable bearish gap left at 45,650 levels on the upper side. Conversely, there exists a trendline on the lower side that could potentially propel the price upward again.
In this scenario, the trading strategy to consider is as follows: If the price retraces to these zones, it may present a buying opportunity at the trendline, with a potential plan to explore short positions near the bearish gap.
It's worth noting that, before attempting to close the bearish gap, the price might offer a retest of the trendline, providing traders with an opportunity to enter long again from this place.
Note::
A consolidation is going to observe while reaching the trendline, we have strong resistances below, buyers are attempting to take the price to higher levels from this places, but be safe at any place they can take the price again. Keep exit positions while testing these resistances.
Will see what happens in the next sessions.
11 SEPT 2023 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 sustain Above 45400 and taking Support from 45400 then open target for T1-45600,T2-45700,T3-45800
If the Banknifty Gap-Up opening sustain Below 45000 and taking resistance below 44900 then the open Targets for T1-44700,T2-44600,T3-44500
Major Levels 45000,45400,44500
If the market stande in this area of 44500 to 45300, then it is possible that even today the market will remain in the range.
VWAP magic in Banknifty- plan for 11th September 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
BANKNIFTY-- Bearish channel Breakout ??price is exactly closed in the resistance zone again.
Broken the trendline strongly...
broken the bearish channel strongly.
Today after showing strong bearish momentum price showing strong bullishness, finally closed at resistance zone.
price is now above the bearish channel...
if this resistance zone,resist the price to go up it will fall upto the bearish channel.
If price falls below the bearish channel again...
price again chance of falling downside.
Previous resistances, gives support price is bullish again and will break 45100 levels soon.
Consolidation may happens, before going to break the resistance.
will see what happens in the next session.
[INTRADAY] #BANKNIFTY PE & CE Levels(08/09/2023) Today will be gap up opening in BANKNIFTY . After opening if banknifty sustain above 45050 level then possible upside rally of 400-500 points upto 45450 Level. And this rally can extend for another 400 points if it gives breakout of 45550 level. Any Major downside only expected in case banknifty starts trading below 44950 level.
08 SEPT 2023 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 sustain Above 45000 and taking Support from 45000 then open target for T1-45200,T2-45300,T3-454 00
If the Banknifty Gap-Up opening sustain Below 44500 and taking resistance below 44500 then the open Targets for T1-4430,T2-44200,T3-44100
Major Levels 44500,44500,44800
If the market stande in this area of 44500 to 45000, then it is possible that even today the market will remain in the range.
BANK NIFTY 08.09.2023 LEVELSBank Nifty Spot : 44878.35
Dear Followers Kindly Don't Take Any Buy or Sell Trades Today... Please Watch My Option Level One Week.
Draw Buy, Sl, T1 to T5 Lines In Your Broker Application
Trailing Purpose Only.
Option Buy 44500 CE : Buy At : 399 Sl : 259
T1 :499 T2 : 599 T3 : 698 T4 : 798 T5 : 898
Option Buy 45500 PE : Buy At : 212 Sl : 137
T1 : 265 T2 : 318 T3 : 371 T4 : 424 T5 : 477
Kindly Watch My Break Even Point. Every Day.
Above The Break Even Point UPTREND Starts
Below The Break Even Point DOWNTREND Starts.
SL Break Even Point Near.
BANKNIFTY--long buy BANKNIFTY--Gap Up
Hello Traders
In This Chart BANKNIFTY HOURLY Forex Forecast By FOREX PLANET
today BANKNIFTY analysis 👆
🟢This Chart includes_ (BANKNIFTY market update)
🟢What is The Next Opportunity on BANKNIFTY Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
BANKNIFTY--Gap Up or Gap Down??Price is rejected from the trendline again and closed exactly at the trendline...
Price is given us discount @44250 level.
if tomorrow breaks this trendline, it will not test this trendline immediately...
It will reach any one of the resistance and then come back...
If opens downside...we will wait for an up move or downside continuation...
If a gapdown occurs sellers may exit or continue to take it down...we have to wait and see what happens.
If they want to break it...price will open above and continue to move upwards..and then back to the trendline from the above resistances.
will see it in the next session.
07 SEPT 2023 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 sustain Above 44650 and taking Support from 44650 then open target for T1-44700,T2-44900,T3-45000
If the Banknifty Gap-Down opening sustain Below 44200 and taking resistance below 44200 then the open Targets for T1-44000,T2-43800,T3-44700
Major Levels 44500,44200,44600
If the market stande in this area of 44200 to 44600, then it is possible that even today the market will remain in the range.
06 SEPT 2023 BANKNIFTY SUPPORT AND RESISTANCE LEVELSHello Guys,
Good Morning everyone,
According to the data today market is going to open Flat
After A Flat opening if Banknifty sustain Above 44650 and taking Support from 44650 then open target for T1-44700,T2-44900,T3-45000
If the Banknifty Flat opening sustain Below 44400 and taking resistance below 44400 then the open Targets for T1-44300,T2-43100,T3-44000
Major Levels 44500,44200,44600
If the market stande in this area of 44500 to 44700, then it is possible that even today the market will remain in the range.
BANKNIFTY--Trending or Ranging??Price is clearly in a range...
today price broken the trendline and failed to take the support of the trendline ..
as a result fall happens...
On top we have 44800 is a crucial resistance...
On bottom side a strong bullishness is observed at 44250 levels.
As of now no bearishness, if price breaks on bottom side consider it as a retracement..
#BANKNIFTY TRADE IDEA SETUPGreetings Folks,
today i have prepared a setup on BANKNIFTY
the analysis is as follows
- price is in a structure
- can breakout either side with a good volume
- following a dynamic support and static previous high resistance
dont play with fire, always use predefined stoploss