05/06/2023 BANKNIFTY SUPPORT AND RESISTANCE ZONEHello 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 44200 and taking Support from 44200 then open target for T1-44400,T2-44500,T3-44600
If the Banknifty after a Gap-up opening sustain Below 43800 and taking resistance below 43800 then the open Targets for T1-43600,T2-43400,T3-43200
Major Levels 44000,43800,44200
If the market remains in the range of 44200 to 43800, then it is possible that even today the market will remain in the range.
Bankniftyintradaylevels
BANKNIFTY ANALYSIS FOR MONDAY 5TH JUNE-FOR EDUCATION PURPOSE
BANKNIFTY ANALYSIS FOR MONDAY 5TH JUNE-FOR EDUCATION PURPOSE
BANKNIFTY:-
Monthly target:-
If Banknifty sustain the level of 44500 in one or two week ,45000 level can be achieved.
If Banknifty break down 44500 spend time below it and break 43950 then 42600-42800.
WEEKLY TARGET:-
If Banknifty sustain the level of 44000 BREAK 44150 ,44250-44350-44500 level can be achieved.
If Banknifty break down 44000 and break 43950 spend time below then 43850-43750-43650-43550.
DAILY TARGET:-
If Banknifty sustain the level of 43950 THEN44050-44150-44250 level can be achieved.
If Banknifty break down 43950 and break 43850 then 43750-43650-43550
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02/06/2023 BANKNIFTY SUPPORT AND RESISTANCE ZONEHello 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 44200 and taking Support from 44200 then open target for T1-44400,T2-44600,T3-44800
If the Banknifty after a Gap-up opening sustain Below 44000 and taking resistance below 43800 then the open Targets for T1-43600,T2-43400,T3-43200
Major Levels 44000,43800,44200
BANK NIFTY/NIFTY ANALYSIS FOR FRIDAY
NIFTY |BANKNIFTY|NIFTY ANALYSIS | BANKNIFTYANALYSIS FOR FRIDAY
| nifty analysis for tomorrow | #niftypredictions | nifty live trading |Nifty50
BANKNIFTY:-
If Banknifty sustain the level of 43750 and spend time and break 43850, then 43950-44050
If Banknifty break down 43750 spend time below it and break 43650then 43550-43450
NIFTY:-
If Nifty sustain the level of 18450 and spend time and break 18475 then 18500-18525
If Nifty break down of 18450 spend time and break down 18425, then Nifty 18400-18375.
This video is for educational purpose and my personal view . We are NOT SEBI registered Advisor, we only give the level on our practical trading experience. Kindly take the trade according to your risk and reward position and consulting your advisor.
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6/01/2023 BANKNIFTY SUPPORT AND RESISTANCE ZONEAccording to the data, No bullish trend is going to come until the talk market breaks the level of 44500 and does not sustain above.
And if you seen, there is a big support zone of 43600, 43400 and 43800
From my point of view, banknifty is moving upwards from the close support of 43800, if today it breaks 44500, then a big bullish move can be seen in Banknifty.
If today doesn't break 44500 then market can stay in range
BANKNIFTY TRADE SETUP 01 JUNE THURSDAY
Date : 01 JUNE 2023
Buy Above 44400 (WITH SMALL QUANTITY)
For Large Move Buy Above 44500 (WITH FULL QUANTITY)
Sell Below 43970 (WITH SMALL QUANTITY)
For Large Move Sell Below 43822 (WITH FULL QUANTITY)
RESISTANCES AT UPPER LEVEL
R1 : 44499
R2 : 44766
R3 : 44855
SUPPORTS AT DOWN LEVEL
S1 : 43588
S2 : 48455
S3 : 48322
30/05/2023 BANKNIFTY SUPPORT AND RESISTANCE ZONE
Hello 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,T3-45000
If the Banknifty after a Flat opening sustain Below 44000 and taking resistance below 44000 then the open Targets for T1-43900,T2-43800,T3-43700
Major Levels 44000,44200,44500
If the market remains in the range of 44000 to 44500, then it is possible that even today the market will remain in the range.
29/05/2023 BANKNIFTY SUPPORT AND RESISTANCE ZONEHello 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 44200 and taking Support from 44200 then open target for T1-44400,T2-44500,T3-44600
If the Banknifty after a Gap-Up opening sustain Below 44000 and taking resistance below 44000 then the open Targets for T1-43900,T2-43800,T3-43700
Major Levels 44000,44200,43500
Bank Nifty Trade Setup (26-May-2023)This will be my personal trade Setup, This is not an advice of any kind to initiate trade according to this setup.
Picture is worth a thousand Words as from the chart Bank Nifty is moving between 751 points from 11th May and if traded with patience and with proper trade setups one can make profits.
This will be my Trade Setup for Tomorrow:
From price action we can see price is moving in Horizontal Channel and Today it made lows and took support near same zone which is previously tested as long as price don't don't this zone we have to trade within this range of 770 points. Setup will be
1.) If it opens flat nearby support is 43633 if it sustains this support on 15 mins then will look for CE Buy for nearby resistance which is placed at 43756 and then 43830.
2.) If gap down will look for price to take support at same support zone where it took support today or it's same as Today's low. and will take CE Trade from that level.
3.) If opens gap up then i will look at resistance which is 43756 and 43830 then i will look for PE Trades for nearby support zone or CPR levels.
Views are on long trade if it respects this channel.
maybe we can see break above this channel on last monthly Expiry :)
Hit like to keep me motivated for keeping my trading journal also if you can help as Trading View is holding rewards if Ideas or Script can be listed in Editor Picks :) . also one can comment how i can make it better or any improvements i can make in my trading setups or improving this journal.
26/05/2023 BANKNIFTY SUPPORT AND RESISTANCE ZONEHello Guys,
Good Morning everyone,
According to the data today market Flat is going to open
After A Flat opening if Banknifty sustain Above 43700 and taking Support from 43700 then open target for T1-43900,T2-44000,T3-44100
If the Banknifty after a Flat opening sustain Below 43700 and taking resistance below 43700 then the open Targets for T1-43600,T2-43500,T3-43400
Major Levels 43600,43500,43700
25/05/2023 BANKNIFTY SUPPORT AND RESISTANCE ZONEHello Guys,
Good Morning everyone,
According to the data today market Gap-Up is going to open
After A Gap-Up opening if Banknifty sustain Above 44000 and taking Support from 44000 then open target for T1-44200,T2-44400,T3-44500
If the Banknifty after a Gap-Up opening sustain Below 43600 and taking resistance below 43600 then the open Targets for T1-43400,T2-43200,T3-43000
If the market remains in the range of 43600 to 44000, then it is possible that even today the market will remain in the range.
Major Levels 44000,44100,43500
BANKNIFTY--Case1 or Case2 or Case3??The yesterday supply zone clearly resisting the price to down, after breaking the supply zone price reached the demand zone that form today.
clearly the price is bullish again, still no sign of bearishness in the BANKNIFTY.
Consolidation + Downside movement = Bullish again
All the banking stocks are near its supply zone, SBIN,HDFCBANK @ Demand zone, Axisbank at Supply ready to test, ICICI In bullish channel,
witness clearly in buyside, let's see what happens tomorrow.
Case 1::
if tomorrow opens gap down and clearing demands and price again comes back to the supply we will go for sell in bank nifty.
Case 2::
If price is again bullish from demand zone, will be on buyside above supply zone candle, it may reject again, until all time high.
Case 3::
if price rejects from supply zone and not able to go below demand again buyside until ATH.
This Post is Helpful Pls Like It, It give me Motivation. Thanks
24/05/2023 BANKNIFTY SUPPORT AND RESISTANCE ZONEHello Guys,
Good Morning everyone,
According to the data today market Gap-Down is going to open
After A Gap-Down opening if Banknifty sustain Above 44100 and taking Support from 44100 then open target for T1-44300,T2-44400,T3-44500
If the Banknifty after a Gap-Down opening sustain Below 43700 and taking resistance below 43700 then the open Targets for T1-43500,T2-43200,T3-43000
If the market remains in the range of 43800 to 44100, then it is possible that even today the market will remain in the range.
Major Levels 44000,43800,43500
BANKNIFTY ANALYSIS FOR WEDNESDAY 24TH MAY FOR EDUCATION PURPOSE
If bank nifty sustain the level of 43950 and spend time and doesn’t break 43850, then 44050-44150-44200
If bank nifty break down of 43950 spend time and break down 43750, then bank nifty 43650-43550-43450.
This video is for educational purpose and my personal view .
Kindly take the trade according to your risk and reward position and consulting your advisor.
BANKNIFTY--Weakness in Demand Zones??Observations:
What is the sign of weakness in demand zones ,is this a reversal is going to happen in BANKNIFTY.
Until one of the demand zones gets broken we cannot expect a reversal in bank nifty , it has to break strongly, and has to reverse for test again.
until don't expect a reversal. Hope this expiry is in Rangebound.
Look at demand zone created @43500 move is strongly, when its tested again strong but not as strong as previous.
Every demand failed to create high also. purely failed demands.
Now look @ 43800 clearly weak one, if we observe a strong supply that breaks demands then only expect a reversal mechanism works.
Until wait.