BANKNIFTY ANALYSIS FOR TUESDAY 22ND AUGUST 2023-FOR EDUCATION PUBANKNIFTY ANALYSIS FOR TUESDAY 22ND AUGUST 2023-FOR EDUCATION PURPOSE
This video is for educational purpose and my personal view . We are NOT SEBI registered Advisor, we only give the level on our practical trading experience. Kindly take the trade according to your risk and reward position and consulting your advisor. It is advisable to take the advice of SEBI registered advisor.
@vijayanjum
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Bankniftyanalysis
[INTRADAY] #BANKNIFTY PE & CE Levels(21/08/2023) Today will be gap down opening in BANKNIFTY . After opening if banknifty start trading below 43950 level then possible downside rally of 400-500 points upto 43550 Level. And this rally can extend for another 400 points if it gives breakdown of 43450 level. Any Major upside only expected in case banknifty starts trading above 44050 level. also possible Reversal upside 43550 level.
21 AUGUST 2023 BANKNIFTY SUPPORT AND RESISTANCE LEVELSHello Guys,
Good Morning everyone,
According to the data today market is going to open Flat
After A Flat opening if Banknifty sustain Above 44000 and taking Support from 44000 then open target for T1-44200,T2-44400,T3-44600
If the Banknifty Flat opening sustain Below 43700 and taking resistance below 43700 then the open Targets for T1-43500,T2-43400,T3-43300
Major Levels 44000,43800,44100
If the market stande in this area of 44000 to 43800, then it is possible that even today the market will remain in the range.
BANKNIFTY ANALYSIS FOR MONDAY 21ST AUGUST 2023-FOR EDUCATION PURBANKNIFTY ANALYSIS FOR MONDAY 21ST AUGUST 2023-FOR EDUCATION PURPOSE
This video is for educational purpose and my personal view . We are NOT SEBI registered Advisor, we only give the level on our practical trading experience. Kindly take the trade according to your risk and reward position and consulting your advisor. It is advisable to take the advice of SEBI registered advisor.
@vijayanjum
#nse
#nsebse
#Nifty
#niftyfifty
#bankniftytrading
#nfitybank
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BANKNIFTY ANALYSIS FOR FRIDAY 18TH AUGUST 2023-FOR EDUCATION PURBANKNIFTY ANALYSIS FOR FRIDAY 18TH AUGUST 2023-FOR EDUCATION PURPOSE
This video is for educational purpose and my personal view . We are NOT SEBI registered Advisor, we only give the level on our practical trading experience. Kindly take the trade according to your risk and reward position and consulting your advisor. It is advisable to take the advice of SEBI registered advisor.
@vijayanjum
#nse
#nsebse
#Nifty
#niftyfifty
#bankniftytrading
#nfitybank
#niftypredictionfortomorrow
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[INTRADAY] #BANKNIFTY PE & CE Levels(17/08/2023) Today will be gap Down opening in BANKNIFTY . After opening if banknifty start trading below 43950 level then possible downside rally of 400-500 points upto 43550 Level. Any Major upside only expected in case banknifty starts trading above 44050 level. And this rally can extend for another 400 points if it gives breakout of 44550 level.
17 AUGUST 2023 BANKNIFTY SUPPORT AND RESISTANCE LEVELSHello Guys,
Good Morning everyone,
According to the data today market is going to open Gap-Down
After A Gap-Down opening if Banknifty sustain Above 44000 and taking Support from 44000 then open target for T1-44200,T2-44400,T3-44600
If the Banknifty Gap-Down opening sustain Below 43600 and taking resistance below last day low 43600 then the open Targets for T1-43500,T2-43400,T3-43200
Major Levels 44000,43800,43500
If the market stande in this area of 44000 to 43500, then it is possible that even today the market will remain in the range.
#Banknifty Expiry Levels for 17-Aug-2023Wizard Levels/Zones
#Banknifty Levels for 17-08-2023
>Hey buddy, Wait for the price to close above or below-mentioned zones. Once the price closes above or below then SUPPORT becomes RESISTANCE and RESISTANCE becomes SUPPORT.
> If you're following these zones then kindly follow the rules too. Risk management, and Position sizing.
> This is my perception of the market so, kindly do your analysis to get more clarity on the market.
> These levels might help you guys. As per my view, I'm sharing it with you guys.
> This is not a blueprint to happen so, kindly do your own analysis along with my view. Thank you for your SUPPORT.
[INTRADAY] #BANKNIFTY PE & CE Levels(16/08/2023) Today will be gap down opening in BANKNIFTY . After opening if banknifty start trading below 43950 level then possible downside rally of 400-500 points upto 43550 Level. And this rally can extend for another 400 points if it gives breakdown of 43450 level. Any Major upside only expected in case banknifty starts trading above 44050 level. also possible Reversal upside 43550 level.
BANKNIFTY ANALYSIS FOR WEDNESDAY 16THAUGUST 2023-FOR EDUCATION PBANKNIFTY ANALYSIS FOR WEDNESDAY 16THAUGUST 2023-FOR EDUCATION PURPOSE
This video is for educational purpose and my personal view . We are NOT SEBI registered Advisor, we only give the level on our practical trading experience. Kindly take the trade according to your risk and reward position and consulting your advisor. It is advisable to take the advice of SEBI registered advisor.
@vijayanjum
#nse
#nsebse
#Nifty
#niftyfifty
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Bearish Trend in 1 Hour Time FrameBearish Trend in 1 Hour Time Frame: The Bank Nifty is showing a downward or bearish trend in the 1-hour time frame.
Impulse Wave (A) : The market went through a series of five price moves: i, ii, iii, iv, v. This is a typical pattern of an impulse wave, where prices move strongly in the direction of the main trend.
Correction Phase (B) : After the strong downward movement of impulse wave A, the market is likely going through a corrective phase, labeled as wave B. This correction consists of three smaller moves: (a), (b), (c).
New Impulse Wave (C) : Following the correction, the market is forming another impulse wave, called wave C. This wave has three sub-moves: i, ii, iii.
Wave i, ii, iii of C : These are the first three parts of the new impulse wave. They continue the overall downward trend.
Wave iv of C : The market is currently in wave iv of the new impulse wave C. This wave has two parts: (a) and (b).
Future Expectation : After completing wave iv of C, the market is expected to continue downward and complete wave v of C. This would mark the completion of the larger impulse wave C and could potentially signal the end of the current corrective phase.
Keep in mind that Elliott Wave Theory involves interpreting patterns, and its accuracy can vary. Market movements are influenced by numerous factors, so it's wise to consider other forms of analysis and factors before making trading decisions.
Disclaimer: The following explanation is based on a technical analysis approach known as Elliott Wave Theory. This theory involves interpreting patterns in financial markets, but its accuracy can vary, and it's important to note that markets are influenced by a multitude of factors. Trading and investment decisions should not be solely based on this analysis, and it's advisable to consider a variety of factors, including fundamental analysis, economic data, news events, and risk management strategies. Past market behavior is not indicative of future performance.
BANKNIFTY-- Case1 or Case2 ??The bank nifty index is again showing bearish pressure....
will this fall continue towards downwards,
then which place we can expect a reversal to the upside...
If we see on bottom side @44120-44080 level which is a strong level of Resistance,
if tomorrow price again opens in this range they will again take the price towards downside...
at 43800 levels we have a strong rise is observed previously might push the price upside again...
Until price breaks the trendline no bullish view...
which case is possible ??
Case1::
If previous strong resistance acts as support will be buy side...
Case2::
If the same resistance again pushes the price downwards will be sell side up to 43800.
Will see in the next session what happens...
[INTRADAY] #BANKNIFTY PE & CE Levels(14/08/2023) Today will be FLAT opening in BANKNIFTY . After opening if banknifty start trading above 44050 level then possible upside rally of 400-500 points upto 44450 Level. And this rally can extend for another 400 points if it gives breakout of 44550 level. Any Major downside only expected in case banknifty starts trading below 43950 level. also possible Reversal Downside 44450 level.
BANKNIFTY ANALYSIS FOR MONDAY 14TH AUGUST 2023-FOR EDUCATION PURBANKNIFTY ANALYSIS FOR MONDAY 14TH AUGUST 2023-FOR EDUCATION PURPOSE
This video is for educational purpose and my personal view . We are NOT SEBI registered Advisor, we only give the level on our practical trading experience. Kindly take the trade according to your risk and reward position and consulting your advisor. It is advisable to take the advice of SEBI registered advisor.
@vijayanjum
#nse
#nsebse
#Nifty
#niftyfifty
#bankniftytrading
#nfitybank
#niftypredictionfortomorrow
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BANKNIFTY--Trending or Range ??the Banknifty index is still in range...
Price is continuously rejecting from the level @45100...
today after a strong fall price stopped its bearish momentum...and
price closed in the same range again...
If tomorrow price breaks the 44700 level...will be on buy side up to trendline and 45100.
If price wants to breaks this strong bullish momentum it has to break with either gap down or consolidation to bearish.
Until price breaks this level 44300 level keep on bullish...
On upside we are still pending with the retest of major trendline...
Keep track this trendline...if resist the price to go up will get good point.
will see in the next session what happens...
BANKNIFTY--U turn to Bullish ??The banknifty index is again showing a strong fall...with an equal rise.....
this strong fall indicates the exhaustion of selling pressure...
or is still there is some more bearishness ahead,in the end bulls successfully taken the price towards upside...
if this indicates exhaustion of buyers, after a strong selling pressure is observed or an initiation of bullishness.
we are still in confusion...we cannot predict the direction of bank nifty still....
If this fall is end of bearishness from tomorrow on wards price will go higher levels.
If this is again a beginning will see some more fall in bank nifty index.
So if it is bullish, when to enter in a trade...
after this strong rise if tomorrow it gives us any discount will enter in long side again.
tomorrow again will see a consolidation or strong break above 45100 levels..
will see in the next session what happens...
[INTRADAY] #BANKNIFTY PE & CE Levels(10/08/2023) Today will be gap Down opening in BANKNIFTY . After opening if banknifty start trading below 44950 level then possible downside rally of 400-500 points upto 44550 Level. And this rally can extend for another 400 points if it gives breakdown of 44450 level. Any Major upside only expected in case banknifty starts trading above 45050 level. also possible Reversal upside 44550 level.
BANKNIFTY--Gap Up or Down ??After a strong consolidation price moved strongly to the upside...
an indication of short entry....
Identify that the neckline again acts as a strong resistance and not allowing us to go upside...
price taken the entry on short side.....
price again closing in the same range...After a strong consolidation.
Initially price showing bullish pressure but failed to take the price again upside.
again a strong consolidation to rise upside....
indicating a short side....
If tomorrow opens gap up or gap down...
we will wait for the price to retrace back, will also be continue with the trend.
If price opens gap up and continue its momentum towards 45400 levels, we will expect a retracement to neckline...
will see what happens in the next session.
BANKNIFTY ANALYSIS FOR WEDNESDAY 9TH AUGUST 2023-FOR EDUCATION PBANKNIFTY ANALYSIS FOR WEDNESDAY 9TH AUGUST 2023-FOR EDUCATION PURPOSE
This video is for educational purpose and my personal view . We are NOT SEBI registered Advisor, we only give the level on our practical trading experience. Kindly take the trade according to your risk and reward position and consulting your advisor. It is advisable to take the advice of SEBI registered advisor.
#nse
#nsebse
#Nifty
#niftyfifty
#bankniftytrading
#nfitybank
#niftypredictionfortomorrow
#niftyoptions
#NiftyBank
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