BANK NIFTY INTRADAY LEVELS FOR 11 SEP 2024BUY ABOVE - 51400
SL - 51260
TARGETS - 51500,51750,51880
SELL BELOW - 51260
SL - 51400
TARGETS - 51000,50890,50740
NO TRADE ZONE - 51120 to 51400
Previous Day High - 51400
Previous Day Low - 51000
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.
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HAPPY TRADING 👍
Bankniftytrend
[INTRADAY] #BANKNIFTY PE & CE Levels(10/09/2024)Today will be slightly gap up opening expected in banknifty. after opening if banknifty sustain above 51050 level then expected upside rally upto 51450+ level and this can be extend for further 400-500 points if banknifty starts trading above 51550 level in today's session. Downside possible if banknifty gives breakdown of 50950 level. Downside upto 50550 level expected after this breakdown.
BANK NIFTY INTRADAY LEVELS FOR 10/09/2024BUY ABOVE - 51260
SL - 51120
TARGETS - 51400,51550,51750
SELL BELOW - 51000
SL - 51120
TARGETS - 50890,50740,50600
NO TRADE ZONE - 51000 to 51260
Previous Day High - 51260
Previous Day Low - 50420
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 👍
Nifty Bank Index AnalysisHere’s a summary of the key points and analysis:
Trend Analysis:
The chart shows a previous bearish trend that appears to be reversing or entering a consolidation phase.
There are multiple points marked as "BOS" (Break of Structure), indicating changes in market direction.
The recent candles indicate a potential uptrend with higher lows being formed.
Fibonacci Retracement:
Fibonacci levels are drawn from a recent low to a recent high, showing key levels of potential support and resistance.
The 0.5 (51,479.30) and 0.618 (51,723.25) Fibonacci levels are crucial as they often act as significant support/resistance areas.
The price currently seems to be testing the area between the 0.5 and 0.618 levels.
Projected Move:
The chart outlines a bullish scenario with price expected to move higher, potentially reaching the 1.618 Fibonacci extension level at 53,790.75.
This projection is based on a strong break above the current resistance zones.
Resistance and Support Zones:
There are highlighted red zones which indicate strong resistance levels around 52,500 and above.
A blue zone near 50,445.55 marks a significant support level, which could act as a floor if the price pulls back.
Price Action Expectations:
The chart suggests that if the price successfully breaks above the current resistance, it might target higher levels towards 52,513.05 initially and further up to the 1.618 extension level.
However, failure to maintain this upward momentum could see the price revisiting lower support levels.
This analysis outlines a bullish outlook with key levels to watch for both potential resistance and support. The price action around the Fibonacci levels will be crucial in determining the next significant move for the Nifty Bank Index.
[INTRADAY] #BANKNIFTY PE & CE Levels(09/09/2024)Today will flat opening expected in banknifty near 50500 level. After opening if banknifty starts trading below 50450 level then possible strong downside of 400-500 in banknifty. Downside 50000 level will act as an important support for today's session. Upside rally only expected if banknifty sustain above 50550 level.
BANK NIFTY INTRADAY LEVELS FOR 09/09/2024BUY ABOVE - 50740
SL - 50600
TARGETS - 50890,51000,51170
SELL BELOW - 51420
SL - 50600
TARGETS - 50250,50100,49880
NO TRADE ZONE - 51420 to 51540
Previous Day High - 51400
Previous Day Low - 50420
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 👍
BANK NIFTY INTRADAY LEVELS FOR 06 SEP 2024BUY ABOVE - 51550
SL - 51400
TARGETS - 51750,51880,51990
SELL BELOW - 51400
SL - 51550
TARGETS - 51260,51120,51020
NO TRADE ZONE - 51400 to 51550
Previous Day High - 51550
Previous Day Low - 5100
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 👍
BANK NIFTY INTRADAY LEVELS FOR 05 SEP 2024BUY ABOVE - 51470
SL - 51260
TARGETS - 51600,51750,51880
SELL BELOW - 51260
SL - 51470
TARGETS - 51120,51020,50890
NO TRADE ZONE - 51260 to 51470
Previous Day High - 51470
Previous Day Low - 51260
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 👍
BANK NIFTY INTRADAY LEVELS FOR 04 SEP 2024BUY ABOVE - 51750
SL - 51600
TARGETS - 51880,52140,52400
SELL BELOW - 51600
SL - 51750
TARGETS - 51470,51260,51120
NO TRADE ZONE - 51600 to 51750
Previous Day High - 51750
Previous Day Low - 51260
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 👍
BANK NIFTY INTRADAY LEVELS FOR 03 SEP 2024BUY ABOVE - 51470
SL - 51260
TARGETS - 51620,51750,51880
SELL BELOW - 51260
SL - 51470
TARGETS - 51120,51020,50890
NO TRADE ZONE - 51260 to 51470
Previous Day High - 51470
Previous Day Low - 51260
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 👍
[INTRADAY] #BANKNIFTY PE & CE Levels(02/09/2024)Today expected gap up opening in banknifty near 51950 level. After opening if banknifty starts trading above 52050 level then possible strong upside further rally of 400-500 points in index. 51950 level will act as an opening resistance for today's session. Downside 51550 will act as a support. Now any major downside only expected below 51450 level.
BANK NIFTY INTRADAY LEVELS FOR 02 SEP 2024BUY ABOVE - 51470
SL - 51260
TARGETS - 51620,51750,51880
SELL BELOW - 51260
SL - 51470
TARGETS - 51120,51020,50890
NO TRADE ZONE - 51260 to 51470
Previous Day High - 51470
Previous Day Low - 51260
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 👍
BANKNIFTY TODAY - Opens with a gap Up, Targets Marked for YouAfter a good upside rally, BankNifty has been on sideways from 2 straight days.
Can the gapup today give it further bullish momentum? Only time will tell.
But, Iam prepared to catch the best trades with this Risological strategy.
Banknift CE buy side setup, it is!
Good luck, folks!
Namaste 🙏
BANK NIFTY INTRADAY ANALYSIS FOR 30 AUG 2024BUY ABOVE - 51260
SL - 5120
TARGETS - 51500,51620,51750
SELL BELOW - 51020
SL - 51120
TARGETS - 50890,50740,50600
NO TRADE ZONE - 51020 to 51260
Previous Day High - 51400
Previous Day Low - 51020
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 👍
Bank Nifty Podcast 29 Aug 2024Only 1 trade was taken.
The trade was based on podcast levels with CE side. The OI data was slightly positive and also 3 departments were "Bullish" from 4 departments of Option Chain.
The risk to reward was 0.66 which qualifies the min. required risk to reward for the podcast setup.
BANK NIFTY INTRADAY LEVELS FOR 28/08/2024BUY ABOVE - 51260
SL - 51080
TARGETS - 51500,51620,51750
SELL BELOW - 51080
SL - 51260
TARGETS - 50890,50740,50600
NO TRADE ZONE - 51080 to 51260
Previous Day High - 51260
Previous Day Low - 51080
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 👍
BankNifty Update - Bearish Sign on 15m Chart
On 15m time frame, BankNifty has closed with a red candle at 3:30pm
This is a bearish sign and a confirmation for PE side buying. Tomorrow, we might see a continuation on the down side.
Entry, stop loss and profit targets have been marked for your reference.
All the best!