BANKNIFTY
BANK NIFTY INTRADAY LEVELS FOR 2ND JULY 2024BUY ABOVE - 52670
SL - 52400
TARGETS - 53000,53200,53400
SELL BELOW - 52400
SL - 52670
TARGETS - 52200,51960,51740
NO TRADE ZONE - 52400 to 52670
Previous Day High - 52670
Previous Day Low - 52200
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 Intraday (02-Jul-2024)An intraday trading chart for the Bank Nifty Index dated July 2nd, captured in 15-minute intervals. Here are the specific elements depicted in the chart:
Candlestick Format: The chart uses candlestick bars to display price movements within each 15-minute period, indicating the open, high, low, and close prices.
Exponential Moving Average (EMA): There is a blue line representing the 20-period EMA, which helps in identifying the trend's direction and acts as a dynamic level of support and resistance.
Trading Signals:
-Buy Signal: Marked by a green arrow, it suggests buying if the Bank Nifty exceeds 52,700, with a potential target of 53,000 or higher.
-Sell Signal: Indicated by a red arrow, recommending selling if the index falls below 52,400, aiming for a target of around 52,100.
Technical Analysis Overview: The chart details the intraday price action of the Bank Nifty index, illustrating a momentary downward trend followed by a recovery that aligns with the 20-period EMA. Trading suggestions are based on breaks from significant price levels denoted by the dashed lines, likely serving as psychological barriers or pivot points.
HDFC BANK _ Next Target is 1994 rupees (0.6 Fibonacci Extension)HDFC Bank is approaching its all-time high. If it Breakout above the resistance level, HDFC Bank could reach a New All-Time High, with the first target at 1994 rupees (0.6 Fibonacci extension level). The second target is 2385 rupees (100% Fibonacci extension). This is a Long-Term projection, so it is important to follow trend continuation techniques.
I want to help people to Make Profit all over the "World".
Triangle Breakout in MHRIL...Elliott Wave Analysis:-
Triangle correction taking place.
triangle breakout happened.
triangle retirement taking place.
Slight bearish is expected before a raise
We can accumulate bit by bit in every fall with stop loss of 369.20 .
I am not a SEBI registered advisor.Before taking a trade do your own analysis or consult a financial advisor.I share chart for education purpose only.I share my trade setup.
Banknifty Intraday (01-7-2024)Date and Time: The chart is labeled "01-Jul (Intraday)" for intraday trading on July 1, 2024.
Candlestick Bars: Each bar represents a 15-minute trading interval showing the open, high, low, and close prices.
Technical Indicators:
-Exponential Moving Average (EMA): A blue line shows the 20-period EMA used to determine the trend's direction. It acts as dynamic support and resistance.
Annotations:
-A green arrow indicating a buy signal if the price moves above 52,500, with a target (Tgt) of 52,750 or higher.
-A red arrow indicating a sell signal if the price falls below 52,150, with a target of 51,800 or lower.
-Support and Resistance Levels: Dashed lines indicate significant levels, likely acting as psychological barriers or points where significant buying or selling has occurred.
This setup is typical for traders who use technical analysis to predict short-term price movements based on historical price patterns and trading volumes.
BANK NIFTY INTRADAY LEVELS FOR 01/07/2024BUY ABOVE - 52400
SL - 52200
TARGETS - 52670,53000,53200
SELL BELOW - 52200
SL - 52400
TARGETS - 51960,51740,51510
NO TRADE ZONE - 52200 to 52400
Previous Day High - 53000
Previous Day Low - 52200
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 Levels For 01/07/24According to the research i've done, market is most likely to open upside and go up as market has the support of supertrend along with RSI under 20, but in other situations If it comes downside It will have to suffer through a great support of level 51950 - 52000, if it breaks down this support it can go further downside. The other scenario can be that the market touches 53200 and comes back downisde, with the highest chances of happening, in the last scenario it can break through 53200 and go further upside till 53500 or even 54000. Hope It Helps :)
BANK NIFTY SUPPLY & DEMAND ZONENSE:BANKNIFTY
Supply & Demand Zones have been highlighted on daily timeframe for understanding trade setups.
Change of character in index has been observed after 41300, when it has not marked any LL.
After continuing its strong upward move; previous supply zones start around 43000, 43500 and ultimately around 44000 (latest high of 14-Dec-2022).
While price moving up, RSI will also play its part by creating divergence in overbought zone. This may lead to trap retail investors & smart money getting max profit out of it.
Since 14-Dec-2022, NSE:BANKNIFTY has not made any HH, rather moved in downward direction even after tried to consolidate & tried to break resistance of 42000 but could not sustain.
BANK NIFTY INTRADAY LEVELS FOR 28 JUNE 2024BUY ABOVE - 53000
SL - 52670
TARGETS - 53200,53400,53600
SELL BELOW - 52670
SL - 53000
TARGETS - 52400,52200,51960
NO TRADE ZONE - 52670 to 53000
Previous Day High - 53200
Previous Day Low - 52670
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 27 JUNE 2024BUY ABOVE - 53000
SL - 52670
TARGETS - 53200,53400,53600
SELL BELOW - 52670
SL - 53000
TARGETS - 52400,52200,51960
NO TRADE ZONE - 52670 to 53000
Previous Day High - 53000
Previous Day Low - 52400
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 Intraday (27-Jun)Bank Nifty 15-Minute Intraday Chart for 27 June
Key Levels:
Buy Above 53,000:
Target: 53,250+
Indicates a bullish signal if the price breaks above 53,000.
Sell Below 52,400:
Target: 52,000-
Indicates a bearish signal if the price drops below 52,400.
Observations:
The chart includes a 20-period Exponential Moving Average (EMA), marked at 52,793.70.
Current price: 52,694.50 (as of the chart time).
Resistance Level: 52,964.80.
Support Levels: 52,395.60 and 52,014.25.
A "No Trade Zone" is marked in the chart, indicating a range where trading is not recommended.
Trading Strategy:
Buy Strategy:
-Enter a long position if the price breaks above 53,000.
-Target a move to at least 53,250 or higher.
Sell Strategy:
-Enter a short position if the price drops below 52,400.
-Target a move to at least 52,000 or lower.
This concise overview can help traders quickly understand the important levels and potential trade opportunities for Bank Nifty on 27 June.
If you need any further details or adjustments, please let me know!
BANK NIFTY INTRDAY LEVELS FOR 26 JUNE 2024BUY ABOVE - 52670
SL - 52500
TARGETS - 53000,53200,53400
SELL BELOW - 52500
SL - 52670
TARGETS - 52200,51960,51740
NO TRADE ZONE - 52500 to 52670
Previous Day High - 52750
Previous Day Low - 51740
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 time to get cautiousFind the link from x.com where i posted my analysis on BankNifty-
A long term trendline working as resistance connecting top of 2008/2010/2015/2018/2019/2020/2021/2022..if it breaks and sustain then indicating super bull run, however current bias is short max upside 53500..as per trendline.
Banknifty Intraday (26-06-2024)Price Levels: The Bank Nifty is trading at 52,630.15, with the high and low for the session being 52,746.50 and 52,599.25, respectively.
Exponential Moving Average (EMA): A 20-period EMA is plotted on the chart with a value of 52,387.34.
Support and Resistance Levels: The chart displays several horizontal lines indicating key levels:
52,671.65
52,500.75
52,028.45
Trading Signals:
Buy Signal: "Buy Above 52,800; Target 53,250+" indicated by a green arrow pointing upward.
Sell Signal: "Sell Below 52,450; Target 52,000-" indicated by a red arrow pointing downward.
No Trade Zone: A highlighted area labeled "No Trade Zone" between the levels of 52,500.75 and 52,671.65 suggests that no trades should be taken within this range.
The chart is likely used for intraday trading strategies, providing specific levels to enter buy or sell positions based on the Bank Nifty's price movements.
BankNifty Swing Update, 25 June 15 m time frameBANKNIFTY 2700+ Points complete and it is still not done!
Iam going to hold this position till the reversal happens - the price closes below the dotted trend line.
Calculation:
1 Trade
11 Days Hold
Monthly Options
2700+ running profit / per lot!
MASSIVE MASSIVE Trade!
BANK NIFTY INTRADAY LEVELS FOR 25 JUNE 2024BUY ABOVE - 51740
SL - 51510
TARGETS - 51960,52200,52500
SELL BELOW - 51510
SL - 51740
TARGETS - 5151200,50950,50730
NO TRADE ZONE - 51510 to 51740
Previous Day High - 51740
Previous Day Low - 51200
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 Intraday (25-06-2024)Bank Nifty 15-Minute Intraday Chart for 25 June
Key Levels:
Buy Above 51,824:
Target: 52,000+
Indicates a bullish signal if the price breaks above 51,824.
Sell Below 51,550:
Target: 51,250+
Indicates a bearish signal if the price drops below 51,550.
Observations:
-The chart includes a 20-period Exponential Moving Average (EMA), marked at 51,626.06.
-Current price: 51,709.65 (as of the chart time).
-Resistance Level: 51,817.85.
-Support Levels: 51,287.35 and 50,253.95.
Trading Strategy:
Buy Strategy:
-Enter a long position if the price breaks above 51,824.
-Target a move to at least 52,000 or higher.
Sell Strategy:
-Enter a short position if the price drops below 51,550.
-Target a move to at least 51,250 or lower.
This concise overview can help traders quickly understand the important levels and potential trade opportunities for Bank Nifty on 25 June.
Review and plan for 25th June 2024Nifty future and banknifty future analysis and intraday plan in kannada.
This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post.
please consult your financial advisor before taking any action.
----Vinaykumar hiremath, CMT