NSE:BANKNIFTY Trading Strategy for 15th May, 2024 | Bullish Reversal confirmed. ✅ Breakout from lower end of rising channel at daily chart. ✅ Breakout from Falling wedge patter at 15 min Time Frame Trading Strategy :- ✅ Initiate CE trade if Banknifty crosses and sustains (min 30 mins) above 48000 - 48070 ✅ Target - 48258/48461 ✅ Initiate PE trade if Banknifty...
Important key Zones marked on Chart . Wait for rejections in zone for better opportunities.
Bearish flag and pole pattern formed in BANKNIFTY in 15 minute time frame. If it break the channel, we can see a downfall till 44000 level.
Observations:: The Banknifty index is showing selling pressure in ths zone @43900 level... but failed to take the price below yesterday's supply zone @43700 levels. until price breaks this level and retest don't think of short again... False breakdown may also happens....don't go for short until price breaks 43600 level. It may again reverse... if we see the...
Observations: NSE:BANKNIFTY price is clearly in a range between the demand zone and supply zone. its clearly a range bound market. we are still in the uptrend only, in bank nifty ,no sign of bearishness in the market at all time high also. price broken the demand zone at 43950,closed above the demand zone. and tested the supply zone forms at 44120 levels. ...
Observations: -----> After Strong breakout from 43000,price opens gap up means buyers want to take the price to higher levels. ------> Gap up + Consolidation at 43500 is observed. price is moving downwards, means price wants to go upside test of demand zone at 43000 breakout. -------> If it is a false breakdown at 43350 level, and price moves again upside, look...
BANKNIFTY closed is near major daily support level. Once it break we may see next daily support in coming days. Levels of daily, hourly & 15min timeframe marked on chart for today. Follow Price action & trend Like, Share, Comment for regular updates. Disclaimer I am not sebi registered analyst My studies are Educational purpose only Please consult with your...
Support and resistance levels are market in chart 43370 to 43420 is resistance zone if market opens near it wait for price action or reversal
We expect some gap down opening on Monday Soo if market can open 39200 sell it Our target 39125(major support) 39033 38880 Sl 39380 Buy banknifty above 39240 Target 39280 39321 39334 39484 Sl 39180
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...
Banknifty closed suuuper bullish on 30th August. Which brings the following possibilities. 1. The market opens with a gapup, say 300-400 points higher. On which case, we could see some profit booking immediately and then there could be a consolidation. 2. Market opens between 39400-39550 levels, the market could build momentum and push higher to about 39900...
Supply and demand zone for tomorrow trading session . tomorrow market either be sideways or bullish because market closing in buying area if market open flate bullish moment possible. On 35000 important support level
Tomorrow level for intraday set-up .My point of view is bearish for tomorrow trading session i clear mention when I am bearish or bullish .
Tomorrow I am bearish in market my first target will be 33300 then if it break will break 2nd target 33000 this is very important support area if it will break 33000 we will see the market 32000🚦🚨🚨🚥
Long on bank nifty I belive big players Buying banking stock
If the chart breakout the trend line, you can go for the long, or look for a position in short. Trade Level to level. Note: I am not a financial advisor. This analysis is for educational purposes only.
HI EVERYONE, This is bank nifty trade setup for 07/02/2022 Trading Range FLAT Opening = 38600-38900 Buy Call Above = 38900(take profit up to first resistance and book half qty and trail sl ) Buy Put Below = 38600(take profit up to first support and book half qty and trail sl)
Dhyaanpurvaak starakata!! As we know sharing is caring, so I'm sharing my thoughts here! This is like the third time I've seen a hammer above a average, that designates either of one, either a sideways or a huge pull up like 400 points or sideways and down, most likely tommorow is a golden days for buyers,a complete down market and within Friday we can expect...