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Bankniftytrend

BANKNIFTY--U turn to Bullish ??The banknifty index is again showing a strong fall...with an equal rise..... this strong fall indicates the exhaustion of selling pressure... or is still there is some more bearishness ahead,in the end bulls successfully taken the price towards upside... if this indicates exhaustion of buyers, after a strong selling pressure is observed or an initiation of bullishness. we are still in confusion...we cannot predict the direction of bank nifty still.... If this fall is end of bearishness from tomorrow on wards price will go higher levels. If this is again a beginning will see some more fall in bank nifty index. So if it is bullish, when to enter in a trade... after this strong rise if tomorrow it gives us any discount will enter in long side again. tomorrow again will see a consolidation or strong break above 45100 levels.. will see in the next session what happens...
NSE:BANKNIFTY
by IIT-Trader
27
BANK NIFTY ANALYSIS FOR 10/08/2023BUY ABOVE - 45100 SL - 44930 TARGETS - 45270,45470,45630 SELL BELOW - 44770 SL - 44900 TARGETS - 44550,44280,44070 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 AUGUST 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 45100 then open target for T1-45300,T2-45400,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,T3-44100 Major Levels 45000,44800,44500 If the market stande in this area of 45000 to 44600, then it is possible that even today the market will remain in the range.
NSE:BANKNIFTY
by mr_bull10
BANK NIFY INTRADAY LEVELS FOR 09/08/2023BUY ABOVE - 45100 SL - 44930 TARGETS - 45270,45470,45630 SELL BELOW - 44900 SL - 45010 TARGETS - 44770,44550,44280 Previous Day High - 45100 Previous Day Low - 44818 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
36
BANKNIFTY--Gap Up or Down ??After a strong consolidation price moved strongly to the upside... an indication of short entry.... Identify that the neckline again acts as a strong resistance and not allowing us to go upside... price taken the entry on short side..... price again closing in the same range...After a strong consolidation. Initially price showing bullish pressure but failed to take the price again upside. again a strong consolidation to rise upside.... indicating a short side.... If tomorrow opens gap up or gap down... we will wait for the price to retrace back, will also be continue with the trend. If price opens gap up and continue its momentum towards 45400 levels, we will expect a retracement to neckline... will see what happens in the next session.
NSE:BANKNIFTY
by IIT-Trader
52
9 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 45000 and taking Support from 45100 then open target for T1-45300,T2-45400,T3-45500 If the Banknifty Flat opening sustain Below 45000 and taking resistance below 44800 then the open Targets for T1-44600,T2-44500,T3-44400 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
BANKNIFTY--Trending Up or Down ??The bank nifty index, entire day price is trading in a range. Tomorrow we can expect a breakout or breakdown..... On top side if price breaks the 45100 level and gives us retest will go for long. on bottom side if price breaks 44600 and retest will go for short side... at triangle breakdown or breakout no entry will be placed... fake out may be possible after a consolidation. One more point after a strong consolidation price is going down means we can expect a strong upside momentum. careful here. Today price has taken the liquidity on both sides...eliminating both buyers and sellers.
NSE:BANKNIFTY
by IIT-Trader
27
Banknifty Intraday Levels 08/08/2023There is no momentum in the market right now, so if you see the market moving in a Channel, trendline or support resistance in a range bound market, take your trade based on that or avoid the market .If the market consolidates 15-20 min and closes the 15 min candle above 44900 BUY ABOVE 44900 TARGET-1 45040 TARGET-2 45120 TARGET-3 45250 45040 is a good resistance zone, if it breaks then there can be good momentum in the market, otherwise there will be a fall back from here and 44500 will act as support. SELL BELOW 44750 TARGET-1 44600 TARGET-2 44500 TARGET-3 44445 TARGET-4 44315
NSE:BANKNIFTY
by Mhveer
BANK NIFTY INTRADAY LEVELS FOR 08/08/2023BUY ABOVE - 45000 SL - 44880 TARGETS - 45130,45270,45470 SELL BELOW - 44770 SL - 44910 TARGETS - 44550,44280,44070 Previous Day High - 45000 Previous Day Low - 44770 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
8
8 AUGUST 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 45000 and taking Support from 45000 then open target for T1-45200,T2-45400,T3-45500 If the Banknifty Gap-down 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
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
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