Bank NiftyBank Nifty Daily Chart forming Channel just waiting for breakout might will go 50,000. Watch for Banking share's
BANKNIFTY
RELIANCE RELIANCE has successfully broke the 840 days resistance.
Good opportunity to buy for long term or swing.
TATA TECHTATA TECH is currently trading near all time low.
We can see a big move upside if it breaks the previous day high and close above it.
Banknifty monthly updateHi Traders
Here i'm sharing my view on banknifty for this month, this harmonic pattern made only based on data reading for jan month.
BANKNIFTY--Drop Base DropBanknifty is trading in a Bearish channel
Recently a strong Bearish is observed from 48000 levels.
Now price is approching the resistance,keep looking for short if price comes back to the same level.
Will become a drop base drop if fall happens.We have trendline liquidity as well.
Liquidity lies on both sides above 48000 and below 47000.
so careful here.Chance of clearing the liduidity on both sides.
BANK NIFTY INTRADAY LEVELS FOR 12/01/2024BUY ABOVE - 47600
SL - 47420
TARGETS - 47780,47930,48070
SELL BELOW - 47420
SL - 47520
TARGETS - 47230,47000,46760
NO TRADE ZONE - 47420 to 47600
Previous Day High - 47600
Previous Day Low - 47230
I am sharing BANK NIFTY levels this levels acts as important support & resistance for intraday. if you want to trade with this levels wait for 15 min Candle closing above that levels. You can trade with breakout and reversal both.
In this channel, I share my expertise in trading strategies, technical analysis, and market trends to help you make informed decisions in your trading ventures.
Stay tuned for daily updates, in-depth market analyses, and real-time trading scenarios to witness firsthand how we transform from Zero to Hero in the trading world. My Only aim is to empower you with the knowledge and skills necessary to navigate the complexities of the financial markets successfully.
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(12/01/2024) Today will be gap up opening in BANKNIFTY. After opening if banknifty sustain above 47550 level then possible upside rally of 400-500 points upto 47950 level.Any Major downside only expected in case banknifty starts trading below 47450 level.
Review and plan for 12th January 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
[INTRADAY] #BANKNIFTY PE & CE Levels (11/01/2024) Today will be gap up opening in BANKNIFTY. After opening if banknifty sustain above 47550 level then possible upside rally of 400-500 points upto 47950 level. Any Major downside only expected in case banknifty starts trading below 47450 level.
BANK NIFTYBANK NIFTY is currently moving toward the major support.
There are high chances to bounce back from major support.
BANK NIFTY INTRADAY LEVELS FOR 11/01/2024BUY ABOVE - 47420
SL - 47200
TARGETS - 47600,47780,47930
SELL BELOW - 47200
SL - 47420
TARGETS - 47000,46760,46500
NO TRADE ZONE - 47200 to 47420
Previous Day High - 47420
Previous Day Low - 47000
I am sharing BANK NIFTY levels this levels acts as important support & resistance for intraday. if you want to trade with this levels wait for 15 min Candle closing above that levels. You can trade with breakout and reversal both.
In this channel, I share my expertise in trading strategies, technical analysis, and market trends to help you make informed decisions in your trading ventures.
Stay tuned for daily updates, in-depth market analyses, and real-time trading scenarios to witness firsthand how we transform from Zero to Hero in the trading world. My Only aim is to empower you with the knowledge and skills necessary to navigate the complexities of the financial markets successfully.
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 👍
Review and plan for 11th January 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
nifty50 next move Traders Puzzled Why RBI Spends Billions Fighting Stronger Dollar
Abrdn says RBI may be intervening to curb imported inflation
Reserve stockpile shrank by about $17 billion in two months
Bank Nifty Bullish EntryBank Nifty has given a very good technical entry today to go positionally Bullish.
Flag Breakout in Daily chart and Inverted Head & Shoulder Breakout in intraday chart with a retest to touch ALL TIME HIGH!
2% Target can be easy coming in very short time.
SBI Sbi may have made a triangle in 4th wave leading to a fall for the 5th..can go till 618-621 zone where we will relook for buying opportunity
BANKNIFTY--Head & Shoulders Pattern??Now price is likely to reversal.
If we see the chart price created a Head and Shoulders pattern.
we have a chance of consolidation at current price levels.
keep in short side until it clears the bottom side liquidity.
Go long again ,after a liquidity grab done below 47000 levels.
BANK NIFTY INTRADAY LEVELS FOR 10/01/2024BUY ABOVE - 47420
SL - 47200
TARGETS - 47600,47780,47930
SELL BELOW - 47200
SL - 47360
TARGETS - 47000,46760,46500
NO TRADE ZONE - 47200 to 47420
Previous Day High - 47930
Previous Day Low - 47200
I am sharing BANK NIFTY levels this levels acts as important support & resistance for intraday. if you want to trade with this levels wait for 15 min Candle closing above that levels. You can trade with breakout and reversal both.
In this channel, I share my expertise in trading strategies, technical analysis, and market trends to help you make informed decisions in your trading ventures.
Stay tuned for daily updates, in-depth market analyses, and real-time trading scenarios to witness firsthand how we transform from Zero to Hero in the trading world. My Only aim is to empower you with the knowledge and skills necessary to navigate the complexities of the financial markets successfully.
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(10/01/2024)Today will be gap down opening in BANKNIFTY . After opening if banknifty start trading below 47450 level then possible downside rally of 400-500 points upto 47050 Level & this rally can extend another 400 points if market gives breakdown 46950 level in todays session.Any Major upside only expected in case banknifty starts trading above 47550 level.also possible reversal upside 47050 level.
Review and plan for 10th JanuaryNifty 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
Banknifty reversal zone Base on Fibonacci and harmonic (crab& butterfly)
Find this important PRZ zone
46500/46660 work as a demand zone maybe we can see reversal from here
BANKNIFTY--Consolidation or Bullish ??BANKNIFTY is rejected from the main channel and fall happens...
we have detected a break below the secondary channel as well.
If tomorrow price opens gap down or consolidation happens below 47400-47000 levels then liquidity will be clear on bottom side @47000 levels.
If tomorrow again opens up and we have a chance of continuation to upside for the retest of secondary channel and may fall back again.
Price is slowly creating a down ward channel, keep safe from these levels.
Rarely, If consolidation happens above the secondary channel then it will again test ATH levels..
BANK NIFTY INTRADAY LEVELS FOR 09/01/2023BUY ABOVE - 47670
SL - 48560
TARGETS - 47840,48030,48180
SELL BELOW - 47420
SL - 47540
TARGETS - 47200,47000,46760
NO TRADE ZONE - 47420 to 47670
Previous Day High - 48180
Previous Day Low - 47420
I am sharing BANK NIFTY levels this levels acts as important support & resistance for intraday. if you want to trade with this levels wait for 15 min Candle closing above that levels. You can trade with breakout and reversal both.
In this channel, I share my expertise in trading strategies, technical analysis, and market trends to help you make informed decisions in your trading ventures.
Stay tuned for daily updates, in-depth market analyses, and real-time trading scenarios to witness firsthand how we transform from Zero to Hero in the trading world. My Only aim is to empower you with the knowledge and skills necessary to navigate the complexities of the financial markets successfully.
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(09/01/2024) Today will be gap down opening in BANKNIFTY . After opening if banknifty start trading below 47450 level then possible downside rally of 400-500 points upto 47050 Level & this rally can extend another 400 points if market gives breakdown 46950 level in todays session.Any Major upside only expected in case banknifty starts trading above 47550 level.
