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Bankniftytradesetup

BANKNIFTY--Bull Trap or Bear Trap ??After a strong fall, price is given us retracement. this retracement is to enter for short side or Enter in long side. price is clearly taking the support from 45500 levels, all done on long side up to neckline as mentioned previous. Now this is very interesting price is given us retracement.... this retracement is for buyers...initiated at strong resistance this will continue upwards again... this has to break above the 45100 levels....If failed to break above, otherwise who has initiated longs and carrying Calls, Bulls will be trapped. After a strong fall, from the major trendline price is continuously falling, so those who missed the previous selling opportunity, those who think that price given us retracement to enter in short side, this is the place to enter for short and they initiated shorts... if price opens bullish and continue towards upside then it is a bear trap. One more interesting point is, @45100 levels price is showing strong bearish pressure... and to test this buyers struggled to reach the zone... a consolidation to upside is observed...if this is a sign of weakness for buyers on next session will be a falling again. until price breaks above 45100 levels and retest no bullish view... it is still in bearish mode only. I think this post is helpful... Note:: It might hurt some one, who is carrying calls and puts... But the psychology of markets behavior is like this only.... As a retail traders we can't take any decisions, we have to move with them... Thank you very much for your support and encouragement.... Have a nice weekend....
NSE:BANKNIFTY
by IIT-Trader
34
7 AUGUST 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,T2-45400,T3-45500 If the Banknifty Gap-up opening sustain Below 45000 and taking resistance below 45000 then the open Targets for T1-44800,T2-44600,T3-43400 Major Levels 45000,44800,45200 If the market stande in this area of 45200 to 44800, then it is possible that even today the market will remain in the range.
NSE:BANKNIFTY
by mr_bull10
3
BankNifty Future Analysis for 7th August 2023BankNifty Future Analysis for 7th August 2023 As per our #analysis for #BankNiftyFuture, we are expecting these Intraday levels Tomorrow, kindly check the charts on 15 min time frame and act accordingly. #IntradayLevels Disclaimer: All the provided levels are for #educational purpose only, please do your own analysis before doing any trade in the live market or consult your #financial advisor before act. Follow Us For More #Updates in Future
NSE:BANKNIFTY1!
by MarkitVUE
BANK NIFTY INTRADAY LEVELS FOR 07/08/2023INVERSE HEAD & SHOULDER PATTERN BUY ABOVE - 44550 SL - 44430 TARGETS - 44730,44980,45130 SELL BELOW - 44280 SL - 44420 TARGETS - 44070,43830,43570 Previous Day High - 45040 Previous Day Low - 44280 NOTE: I'm not available on Monday. Please not this levels & trade safely with this levels only Okay 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. 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
4
BANK NIFTY INTRADAY LEVELS FOR 04/08/2023BUY ABOVE - 44550 SL - 44430 TARGETS - 44730,44980,45130 SELL BELOW - 44280 SL - 44420 TARGETS - 44070,43830,43570 Previous Day High - 45040 Previous Day Low - 44280 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. 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
22
BANKNIFTY--44500 is Support or Resistance ??Bank nifty index a continuous fall is observed from the break of major trendline without retest. price broken the demand @44800 and 44600 levels, the previous resistance is also failed to push the price up, so a strong fall is observed below 44500. Price is now exactly closed @ 44500 level, which is a strong fall area previous. if this again pushes the price down will observe a continuous fall to bottom levels @43800 levels. if the same resistance acts as support, price is again be bullish. tomorrow move will decide to go further lower or higher. until keep in watch mode. I will do one more post on buy side setup... I cannot mix both intraday and swing setup in a single post. Thanks for your support and Encouragement guys. stay tuned for more updates....
NSE:BANKNIFTY
by IIT-Trader
66
4 AUGUST 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 44500 and taking Support from 44500 then open target for T1-44700,T2-44900,T3-45100 If the Banknifty Flat opening sustain Below 44300 and taking resistance below 44300 then the open Targets for T1-44200,T2-44100,T3-43900 Major Levels 44500,44300,44600 If the market stande in this area of 44500 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 03/08/2023BUY ABOVE - 45130 SL - 44980 TARGETS - 45270,45400,45630 SELL BELOW - 45980 SL - 45130 TARGETS - 44730,44550,44280 Previous Day High - 45800 Previous Day Low - 45470 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. 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
38
BANKNIFTY--Which is Support,Demand or Resistance ??The neckline broken strongly... the trendline broken strongly.... Price opens gap down and moved to down side drastically. Now we have 2 options, where to look for short again. 1. Neckline or 2. Trendline. So in order to reach these 2 points, price has to reversal, so from which zone we can expect a reversal. If we see on bottom side, today price has taken the support from 44800 level, and price is exactly closed in a strong fall area 45100. If tomorrow again opens a gap down and continuously fall, and breaks 44800 level we have to look at 2 places for buy, one is 44600 level and another one previous strong resistance may acts as support 44500 and pushes the price upwards. price closed at 45100 previously it is a strong supply, so on continuous move it pushes the price more towards downside. If price reaches any of these 2 places look for buy, Look for sell @neckline or trendline. No retest is observed in this places. Note:: Price may break the trendline or Neckline and moves upwards again to reach the ATH. So careful here.
NSE:BANKNIFTY
by IIT-Trader
23
BANKNIFTY--Hidden Head & Shoulders Pattern??A pattern(Head and Shoulders) inside an another pattern of (Head and Shoulders) in Higher time frame.... If the Trendline or Neckline on the inside pattern of Head and Shoulders acts as resistance, there will be an one more fall happens in Bank nifty. which is more dangerous than this one. Keep watch these internal levels and external levels....they will acts as support and resistance. keep look at these levels.... Happy Trading guys.... Note:: I am not available for the next 1 or 2 weeks.... Thank you guys for your support and Encouragement. will be back soon...
NSE:BANKNIFTY
by IIT-Trader
1