BANKNIFTY-TIPS
Banknifty 13 Marc important level.Banknifty 13 Marc important level................................................................................................................................................................................................................................................................................................
Tomorrow banknifty levels We can see a great buy in banknifty on last 15m but it can close by making bearish engulfing on the top so we can expect some selling in morning if market was open below the engulfing candle and nxt candle can go down.
Sell Banknifty below 43200
Target 43130 43040 43985 43874
Sl 43280
Buy banknifty above 43284
Target 43350 43450 43600
Sl 43140
Banknifty tomorrow viewWe can expect some bullishness in tommorow market now our morning strategy was as same as today if Banknifty open on gap up get the trade after breakout/breakdown of the opening candle
Buy banknifty above 41350
Target 41400 41450 41520(major resistance)
Sl 41225
Sell Banknifty below 41220
Target 41100 41020 41975 41857(major support)
Sl 41350
Tomorrow banknifty viewWe expect some gap up opening in tommorow we can wait for proper setup according to us if Banknifty open open with gap up and then it made candle below its first 5mn candle sell has been coming in it .
Buy banknifty above 41030
Target 41140 41245 (major resistance) 41385 41526
Sl 40855
Sell Banknifty below 40855
Target 40755 40655 40590
Sl 41040
Banknifty tomorrow prediction!!We see Banknifty rang bond from last 5 days the open and close level was same and now see what market can do tomorrow. According to us if market can open gap up some sell is coming after the opening and if it break rang thn go with the market.
Sell Banknifty at 38590
Target 38447 38356 38202
Buy banknifty above 38702
Target 38805 38940 39057
BankNifty Trade Setup Idea 5-9-2022 BankNifty has closed strong last week.
Banknifty and Nifty look bullish in the weekly chart.
Based on the current condition, we are looking at the following:
1. If a 15 minutes candle closes below 39000, we can go short. 39000 is an important level. FOr this level to break, the price needs to first break the trend line around 39300 levels
2. If a 5 minutes candle closes above 39500, we can go long with a short term target around 39650 - 38700 levels. If the price moves beyond that, then Banknifty could easily go to 40000. Note: the resistance at 39550 is not so strong since it has already been tested twice.
BANKNIFTY ANALYSIS AND PREDICTIONS FOR 05 APRIL 2022SUPPORT
38424
38224
38000
RESISTANCE
38933
39254
39515
EXPECTED RANGE 39000 - 39500
Tomorrow we can see a gap up of 300 - 400 points in #BANKNIFTY, if the price sustain above 39000 for 30 mins then we can see a movements upto 39500 either on Tuesday or Wednesday.
We can sell Banknifty if see a strong Resistance between 39400 - 39500 range and price break support at 39254.
#BANKNIFTYOPTIONS TO WATCH
38000 CE 07 APRIL
38500 PE 07 APRIL