Bankniftytrading
11 OCT 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 44500 and takes Support from 44500 then open target for T1-44700, T2-44900,T3-45000
If the Banknifty Gap-Down opening sustains Below 44100 and takes resistance below 44100 then the open Targets for T1-43900, T2-43800,T3-43600
Major Levels 44500,44100,44000
If the market stands in this area of 44200 to 44500, then it is possible that even today the market will remain in the range.
BANKNIFTY--43500 or 44800I 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.
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.
10 OCT 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 44100 and taking Support from 44100 then open target for T1-44200,T2-44300,T3-44500
If the Banknifty Gap-Down opening sustain Below 43800 and taking resistance below 43800 then the open Targets for T1-43600,T2-43500,T3-43400
Major Levels 43800,43500,44100
If the market stande in this area of 44300 to 44100, then it is possible that even today the market will remain in the range.
BANKNIFTY--Resistance @44600 ??Price failed to take the support from the 44200 level and created a double top at 44800 levels.
Price fall with strong drop base drop from this levels.
now price is approaching the base, may acts as resistance...
wait until the price test this base zone for fall or rise...until keep in long side.
Keep safe...
09 OCT 2023 BANKNIFTY SUPPORT AND RESISTANCE LEVELS
Hello 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 44500 and taking Support from 44500 then open target for T1-44700,T2-44800,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,T3-43600
Major Levels 44200,44500,44000
If the market stande in this area of 44500 to 44200, then it is possible that even today the market will remain in the range.
04 OCT 2023 BANKNIFTY SUPPORT AND RESISTANCE LEVELS
Hello 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 44500 and taking Support from 44500 then open target for T1-44700,T2-44800,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,T3-43600
Major Levels 44200,44500,44000
If the market stande in this area of 44400 to 44200, then it is possible that even today the market will remain in the range.
29 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 44500 and taking Support from 44500 then open target for T1-44700,T2-44800,T3-45000
If the Banknifty Gap-Up opening sustain Below 44200 and taking resistance below 44200 then the open Targets for T1-44000,T2-43800,T3-43600
Major Levels 44600,44500,44000
If the market stande in this area of 44400 to 44600, then it is possible that even today the market will remain in the range.
BANKNIFTY--Chance of Double Bottom??The Bank nifty index,
44200 is a strong Support ... In the previous Session ,
After a Bearish Gap + Strong fall = indicating an exhaustion of sellers...
Buyers immediately taken the price towards 44800 levels is happened yesterday..
Today price again tested the same zone again.
If this is an exhaustion of sellers and initiation of buyers.. tomorrow it will form a double bottom and the price is continue its momentum towards upside.
If we observe bottom side.. we have a strong a support lies at 43800 levels...
Before testing this levels will this gives us some retracement or it will continue to move upside.
Will see what happens in the next session...
BANKNIFTY--@Trendline Break??The Bank nifty index is near its trendline...
If price breaks and retest will go for buying...
wait for the price to break of the trendline...
or it may continue to move in the bearish channel...
if price breaks the trendline and failed to take the help of it to move upside...will go for short side...
Keep safe....
28 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 44600 and taking Support from 44600 then open target for T1-44700,T2-44800,T3-45000
If the Banknifty Flat opening sustain Below 44500 and taking resistance below 44500 then the open Targets for T1-44300,T2-44200,T3-44000
Major Levels 44600,45800,44500
If the market stande in this area of 44400 to 44600, then it is possible that even today the market will remain in the range.
BANK NIFTY- Target Levels-THUR-28.09.23Bank Nifty Spot Price : 44588.3 - VIX SPOT Price : 11.58. -
Nifty Daily Range : 44318 To - 44859- Watch Option Strike : 44500 CE
Watch The Option Target Levels : 182----202-----253-----303----354---404---455----506----556----607--+++++++
I Am Not Sebi Registered Analysis, This Is Education Purpose Only.
Dear Followers.. Trend Is Our Friend..
1. Draw The Lines In Your Trading View.. Then Only You Understand My Statistical Startegy.
2. Kindly Watch My Break Even Point. Every Day..
3. Above The Break Even Point.. Resistance Break.. UPTREND Starts.. Buy CE..
4. Below The Break Even Point.. Support Break.. DOWNTREND Starts.. Buy PE..
5. After Retracement.... Stop Loss is Above Or Below Break Even Point..
6. Stop Loss Is Must..
7. Watch 5 Mins Time Frame.. & 15 Mins Time Frame..
8. In Future i Analysis & Focus On Option Strike - Entry, Target, Stop Loss. Also..
Don"t Enter Blindly.
1. We Focus On Our Daily Analysis..
2. Combination Theory Of Delta, Gamma & Thetta,.
3. Selection Of OI Analysis & Prediction Of Entry, Targets, & Stop Loss..
4. We See 4 Types Of Fibinacci Retracement Levels..
(1.High To Low Fib Level, 2.Low To High Fib Level, 3.Long Fib Level & 4. Short Fib Level),
5. Techninal View On Break Even Point..
6. Wait For Support Breaking or Resistance Breaking.. That Time Watch The Market Carefully..
7. Market Moves in UpTrend or DownTrend..
8. Kindly Watch Both The Nifty Target Levels & Bank Nifty Target Levels in your Trading View..
Its Most Important For Daily Tradings..
Kindly Follow My Channel & Like Your Support in My Idea.
BY : newsbharathi27040 / market1tomorrow
BANKNIFTY--Bearish gap @45400??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.
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.
26 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 45000 and taking Support from 45000 then open target for T1-45200,T2-45300,T3-45500
If the Banknifty Gap-Down opening sustain Below 44500 and taking resistance below 44500 then the open Targets for T1-44300,T2-44200,T3-44000
Major Levels 44600,45800,44500
If the market stande in this area of 44800 to 44600, then it is possible that even today the market will remain in the range.
BANKNIFTY-- 45100 Is Support or Resistance??A strong fall is observed from the previous strong resistance level @45100 level.
Previously while breaking the strong level of resistance, price broken the resistance with
strong bullish momentum @44400 levels...
price is now again at these levels...
if tomorrow price takes the help of this support zone, price will again takes u turn to upside...
While going on top side, observe the reaction at 45100-45200 levels, may again have a chance of push it down.so be careful at this level …
if price breaks this level, we can keep on buyside, we are left with bearish gaps....price fills these bearish gaps and continue to move upside with pullbacks...
so careful before short side...
If price facing resistance again at 45100, price falls back. If not price is bullish again.
Keep safe....
25 SEPT 2023 BANKNIFTY SUPPORT AND RESISTANCE LEVELSHello Guys,
Good Morning everyone,
According to the data today market is going to open Falt
After A Flat opening if Banknifty sustain Above 44800 and taking Support from 44800 then open target for T1-44900,T2-45000,T3-45200
If the Banknifty Flat opening sustain Below 44600 and taking resistance below 44600 then the open Targets for T1-44500,T2-44400,T3-44200
Major Levels 44600,45800,44500
If the market stande in this area of 44800 to 44600, then it is possible that even today the market will remain in the range.
BANKNIFTY--Bullish Gap or Bearish Gap??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.
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.
21 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 44800 and taking Support from 45000 then open target for T1-45200,T2-45400,T3-45600
If the Banknifty Gap-Down opening sustain Below 44800 and taking resistance below 44800 then the open Targets for T1-44600,T2-44500,T3-44300
Major Levels 45000,45500,44800
If the market stande in this area of 44800 to 45200, then it is possible that even today the market will remain in the range.
BANKNIFTY--Strong Resistance @ATH??Following a strong bullish trend, the price exhibits a sign of indecision in the form of consolidation. Subsequently, it makes an attempt to breach the previous all-time high (ATH) but failed and falls below it.
Notably, the price experiences multiple rejections around the 46300 levels , highlighting potential resistance in that zone.
Conversely, there's a strong bullish sentiment evident around the 45300 levels.
However, should the price fail to regain upward momentum from this point @45300, it could potentially dip below the significant previous resistance at 45100 levels. This scenario could pave the way for further declines in Bank nifty.
Hence, it's advisable to be cautious around the 45100 levels.
Keep safe....
20 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 46200 and taking Support from 46200 then open target for T1-46300,T2-46500,T3-46600
If the Banknifty Gap-Down opening sustain Below 45800 and taking resistance below 45800 then the open Targets for T1-45600,T2-45500,T3-45300
Major Levels 45800,46000,46200
If the market stande in this area of 45800 to 46200, then it is possible that even today the market will remain in the range.
18 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 45800 and taking Support from 46000 then open target for T1-46200,T2-46300,T3-46500
If the Banknifty Gap-Down opening sustain Below 45800 and taking resistance below 45800 then the open Targets for T1-45600,T2-45500,T3-45300
Major Levels 45800,46000,46100
If the market stande in this area of 45800 to 46000, then it is possible that even today the market will remain in the range.
15 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 46200 and taking Support from 46200 then open target for T1-46300,T2-46400,T3-46600
If the Banknifty Gap-Up opening sustain Below 45800 and taking resistance below 45800 then the open Targets for T1-45600,T2-45500,T3-45300
Major Levels 45800,46000,46100
If the market stande in this area of 45800 to 46000, then it is possible that even today the market will remain in the range.