07/11/2022 BANKNIFTY SUPPORT AND RESISTANCE ZONEHello Guys,
Good Morning Everyone,
From 24th Oct Banknifty moving in a range 40800 to 41700 major level 41500 and 41100 max time moving in this range .
* If banknifty break last days high 41500 and sustain above the price then focus on long side.
* Either break last day low 41000 and sustain below the low then focus for short
* if banknifty moving in a range then avoid today
Bankniftytrading
04/11/2022 BANKNIFTY SUPPORT AND RESISTANCE ZONEHello Guys,
Good Morning Everyone,
Banknifty now standing in a middle of the filed .strong support 41200 and strong resistance 41400
*If banknifty break support level then open for 41100 to 408000 level
* Either break the resistance open for 41500 to 41700 level
* if banknifty play between 41200 - 41400 then avoid trade
Tomorrow banknifty levels!!Tomorrow was a very good day to trade if movement was on in market. Banknifty was on in right angle triangle and also in the way of making bullish h&D breakout if it break the triangle with the support of h&D breakout thn we see more bullish in it .
Soo buy banknifty at 41400
Target 41517 41670 41848
Sl 41240
Sell Banknifty below 41245
Target 41165 41040 40943 40830
Sl 41400
03/11/2022 BANKNIFTY SUPPORT AND RESISTANCE ZONEHello Guys,
Good Morning Everyone,
As per data Banknifty today will open with a gap up now we have again two option for trade.
*Now banknifty making lower high formation if banknifty taking resistance below 41200 then open target 41800 - 41600
*If Banknifty after a gap down opening break the lower higher formation and sustain above 41200 then need to to break last day high for a up trend. if banknifty not break last day high then may be banknifty today playing in a range
*Major level 41200 level
02/11/2022 BANKNIFTY SUPPORT AND RESISTANCE ZONEHello Guys,
Good Morning everyone,
As per data banknifty today will open with gap down now we have two option for trade.
*If banknifty open gap down and sustain below 41200 then open target 40800.
*If banknifty after a gap down not sustain below 41200 the banknifty may be choppy (open level 41200 - 41500)
* Major level 41200 level
01/11/2022 BANKNIFTY SUPPORT AND RESISTANCE ZONEHello Guys,
Good Morning Everyone,
Today also Banknifty will open with a gap up so may be today after a gap up banknifty showing reversal trend. Then we have two option .
*After a gap up if banknifty break last three day high (41560) level and sustain above then focus on long side.
* After gap up respect last resistance level (41560) and marking resistance then focus for reversal trend if break 41200 low then open target level 40800
31/10/2022 BANKNIFTY SUPPORT AND RESISTANCE ZONEHello guys
Good Morning Everyone,
As per data today banknifty and nifty will be open with a big gap up. now we have two option.
* After a big gap up if price action develop and break last two days high then we focus on long side.
* if BAnknifty open a big gap up banknifty but not break last two days high then market may be moving in a rage
28/10/2022 BANKNIFTY SUPPORT AND RESISTANCE ZONEHello Guys,
Good Morning Everyone,
Today also banknifty will open with a gap up and second thing continues last 3 days banknifty and nifty playing in a range may be today doing well. so we have two plan .
* If Banknifty after a gap up sustain 41500 level then open target for 41800-42000
* If Banknifty Sustain below low 41000 level then open target 40800-40600
27/10/2022 BANKNIFTY SUPPORT AND RESISTANCE ZONEHello,
Good Morning Guys
As per data Market will open with a gap up so now we have 2 option to trade the banknifty .
* If banknifty open a gap up and break last day high((41500) and sustain above you can focus for long .
*After opening a gap up if banknifty not sustain last day high and play below last day high you will be alert may be banknifty moving in a range
21/10/2022 BANKNIFTY SUPPORT AND RESISTANCE ZONEHello Guys,
Good Morning Guys,
As per global market over view Banknifty today will open flat. Now we have two option to trade.
*If banknifty today break and sustain above the yesterday high that was 40200level then open target 40400-40600
* Or banknifty break the the trend line and sustain below yesterday low that was 39800 level then open target 39800-39600 NSE:BANKNIFTY
Bank Nifty Levels & Strategy for 21/Oct/2022Dear traders, I have identified chart levels based on my analysis, major support & resistance levels. Please note that I am not a SEBI registered member. Information shared by me here for educational purpose only. Please don’t trust me or anyone for trading/investment purpose as it may lead to financial losses. Focus on learning, how to fish, trust on your own trading skills and please do consult your financial advisor before trading.
BANK NIFTY
Bank Nifty slipped in red and Bears are trying to regain the control. Today, once again Bears as well as Bulls were rewarded who traded based on good quality setup. Buy on only when price action indicate you to buy & vice versa in case of sell. PCR is indicating weakness & weakness in Indian Rupee is hurting Indian traders. We have Diwali two days of Diwali vacation prior to October expiry. Please avoid trading (specially buying) in weekly options. Your overnight position must be hedged & trade based on good quality trade setup.
Bears have slightly upper hand at higher levels. Shall we continue to buy on dips & sell on rise with strict SL untill market trend is clear? Yes, I think so. Please share your thoughts.
BANK NIFTY SCORECARD DATED 20/OCT/2022
BANK NIFTY IS DOWN BY -274 POINTS
Name Price Previous Day Change % Change
Bank Nifty 40100 40373 -273.65 -0.68%
India VIX 17.23 17.49 -0.25 -1.46%
OPTION STATISTICS BASED ON 27/OCT/2022 EXPIRY DATA
Max OI (Calls) 41000 (Open Interest: 1750875, CE LTP: 120)
Max OI (Puts) 39000 (Open Interest: 1507475, PE LTP: 72.7)
PCR 0.84 (PCR is in bearish zone)
Bank Nifty Calls:
ATM: Short Buildup, OTM:Short Buildup, ITM:Long Liquidation, FAR OTM:Short Buildup
Bank Nifty Puts:
ATM: Long Buildup, OTM:Short Buildup, ITM:Short covering, FAR OTM:Short Buildup
20/10/2022 BANKNIFTY SUPPORT AND RESISTANCE ZONEHello guys,
Good Moring everyone,
Today banknifty will Open a big gap down now we have two option to trade.
*After a big gap down if banknifty taking support from 39800 will focus on CALL side target level yesterday high(40600)
* If banknifty after a big gap down break 39800 level and making resistance zone we will focus PUT side open level 39200
19/10/2022 BANKNIFTY SUPPORT AND RESISTANCE ZONEHello,
Good Morning Guys,
Now we have to Ways
* If banknifty open yesterday low (40200) above and sustain then it will be it go up side open target 40600
*if banknifty open yesterday low(40200) and sustain then it will be go down side so open target 39800
Nifty and Bank Nifty Support & resistance levels on 18 Oct 2022Good morning 🌞
Have a profitable day 💰👍🏻
Morning Market Update 18 Oct 2022
SGX NIFTY is indicating a Gap up opening
👉 SGX NIFTY is trading at 17462 up by 147 points
👉 US futures are in Green
👉 ASIAN Market is in Red
👉 USDINR at 82.19
In Nifty 17300 PE and 17300/17500 CE have high Open Interest in weekly
In BankNifty 39500 PE and 40000/40500 CE have high Open Interest in weekly
👉 Asia-Pac Stocks Follow Suit To The Gains Across Global Peers After The UK's New Chancellor Announced A Reversal Of Most Of The Measures In The 'Mini-Budget' And As US Bank Earnings Also Added To The Tailwinds; ASX 200 (+1.3%), Nikkei 225 (+1.4%), KOSPI (+1.2%)
👉 STOCKS TO WATCH:
MAH SEAMLESS, CONTAINER CORP, CANFIN HOMES, KSB, ADANI TRANS, ORIENTTAL HOTELS, ASTER DM, TATA COFFEE, SJVN, ASHIANA HSG, JINDAL DRILLING, ZEE ENT, SAMVARDHANA, ANDANI ENT, TATA METALIKS, MOTILAL OSWAL, SHRIRAM TRANSPORT
👉 Stocks Ban In F&O: Delta Corp, Indiabulls Hsg, India Cement
18/10/2022 BANKNIFTY SUPPORT AND RESISTANCE ZONEHello Good Morning Guys,
After A trending day may be banknifty today playa in a range so major level 40000
* If banknifty open gap up and taking a retracement above 40000 then we focus on long side. level (40200-40400)
* Either banknifty open gap up and taking retracement and moving below 40000 then focus on short side level (39800- 39600)