#Banknifty expiry day trade levels #Banknifty expiry day trade levels , these levels helps you to set target and stop loss for tomorrow.
Bankniftyanalysis
BANKNIFTY-Is Monthly expiry Bullish ???
Observations:
Today bearish pressure observed at 42850 level, means not a bearish turn in bank nifty,
The BANKNIFTY INDEX has been on an upward trend, with buyers successfully breaking through resistances at 42500, 42700, and tested @42850.
They are now poised to reach untested supply zones at 43000, 43100, and 43400 levels.
However, buyers may lack the necessary power to push the price higher, and if any of the previous supply zones act as support, the price could move back upwards.
It is recommended to remain on the buy side within the range of 41500-41400, as no significant retracement has been observed after breaking the supply zone at 42500 level.
If this level acts as support, monthly expiry is expected to be bullish.
26/04/2023 BANKNIFTY SUPPORT AND RESISTANCE ZONEHello Guys,
Good Morning everyone,
According to the data today market Gap-Down is going to open
After A Gap-Down opening if Banknifty sustain Above 42900 and taking Support from 42900 then open target for T1-43000,T2-43100,T3-43200
If the Banknifty after a Gap-Down opening sustain Below 42600 and taking resistance below 42600 then the open Targets for T1-42500,T2-42400,T3-42300
Major Levels 42500,42600,42900
BANKNIFTY- 42700 is an obstacle ???The 42500 level previously acted as a strong resistance, but the price has now broken through it without a retest.
However, the 42360-42400 level has emerged as a new support level, preventing further downward movement.
Tomorrow, we can expect a retracement to occur from the strong resistance at 42760-42720 level,
and if there is bearish pressure, we could see the price return to the 42500 and 42400 levels.
Observations:
If the retracement occurs at a slower pace, we can anticipate further upward movement towards the 42700 and 42850 levels.
However, if the price finds support at the 42500 and 42380 levels, but is unable to move higher, we may observe a bearish trend in the BANKNIFTY.
25/04/2023 BANKNIFTY SUPPORT AND RESISTANCE ZONEHello Guys,
Good Morning everyone,
According to the data today market Gap-Up is going to open
After A Gap-Up opening if Banknifty sustain Above 42700 and taking Support from 42700 then open target for T1-42900,T2-43000,T3-43200
If the Banknifty after a Gap-Up opening sustain Below 42500 and taking resistance below 42500 then the open Targets for T1-42300,T2-42200,T3-42000
Major Levels 42500,42600,42700
#Banknifty Tuesday scalping levels #Banknifty Tuesday 25/4/2023 scalping levels
The market has given us a breakout to the upside trend, but I personally don't think this breakout will give much upside movement. Let's see
BankNifty 24th April 2023 Monday Setup and Monthly ExpiryBuy Above 42381 (BANK NIFTY 42200 CE) Target 42471,42536,42603
Sell Below 41990 (BANK NIFTY 42100 PE) Target ,41875, 41658
RISK Takers Buy Above 42150 (BANK NIFTY 42000 CE) Target 42274,42381,42471,42536,42603
Risk Takers Sell Below 42286(BANK NIFTY 42100 PE) Target 42186,42056,41996,41875, 41658
BANKNIFTY-Will Rise or Fall back Key Resistance level is observed at 42500. Price is still in this range.
Note:
we have a previous Resistance 42350-42400 may act as support, if this level breaks then only the price reach to the next supports at 42000,41700-41600 levels.
Today Observations:
After a Strong selloff is observed, price again wants to test supply zone 42500 for fall again.
Intraday Sell plan.
Sell Plan:
42350-42400 is a level strong sell off happens ,if again this level breaks and retest will go selling,(now at least will get a pullback) and showing down pressure go short for downside targets are 42000,41700.
Banknifty - 24 Apr 23 PredictionFor 24th Apr, i'm expecting bullish if opening is above 41980 and below 42050. It may take support from 42050 and can travel till 42300 - 42450
Buy between 42050-41980 with SL-50 for the target of 42300 and 42450
BankNifty taking support // Ready to Bounceback?www.tradingview.com
BankNifty taking support at 20-SMA and seems ready to bounceback. One can think for future positions in LONG side.
21/04/2023 BANKNIFTY SUPPORT AND RESISTANCE ZONEHello Guys,
Good Morning everyone,
According to the data today market Flat is going to open
After A Flat opening if Banknifty sustain Above 42300 and taking Support from 42300 then open target for T1-42350,T2-42400,T3-42500
If the Banknifty after a Flat opening sustain Below 42000 and taking resistance below 42000 then the open Targets for T1-41800,T2-41600,T3-41400
Major Levels 42100,42200,42300
BANKNIFTY 21st April 2023 Setup Buy Above 42390 (BANK NIFTY 42200 CE) Target 42471,42536,42603.
Sell Below 42126 (BANK NIFTY 42200 PE) Target 42022 ,41875, 41658
20/04/2023 BANKNIFTY SUPPORT AND RESISTANCE ZONEHello Guys,
Good Morning everyone,
According to the data today market Gap-Up is going to open
After A Gap-Up opening if Banknifty sustain Above 42230 and taking Support from 42230 then open target for T1-42350,T2-42500,T3-42600
If the Banknifty after a Gap-Up opening sustain Below 42000 and taking resistance below 42000 then the open Targets for T1-41800,T2-41600,T3-41400
Major Levels 42100,42000,42200
19/04/2023 BANKNIFTY SUPPORT AND RESISTANCE ZONEHello Guys,
Good Morning everyone,
According to the data today market Gap-Down is going to open
After A Gap-Down opening if Banknifty sustain Above 42500 and taking Support from 42500 then open target for T1-42700,T2-42900,T3-43100
If the Banknifty after a Gap-Down opening sustain Below 42100 and taking resistance below 42100 then the open Targets for T1-41900,T2-41700,T3-41500
Major Levels 42100,42500,42300
BANK NIFTY 19th April 2023 BUY Above 42379 (BANK NIFTY 42300 CE) Target 42471,42536,42603
SELL Below 42190 (BANK NIFTY 42300 PE) Target 42018 ,41875, 41658
18/04/2023 BANKNIFTY SUPPORT AND RESISTANCE ZONEHello Guys,
Good Morning everyone,
According to the data today market Gap-Down is going to open
After A Gap-Down opening if Banknifty sustain Above 42400 and taking Support from 42400 then open target for T1-42600,T2-42800,T3-43000
If the Banknifty after a Gap-Down opening sustain Below 42400 and taking resistance below 42400 then the open Targets for T1-42200,T2-42000,T3-41800
Major Levels 42200,42300,42000
BANK NIFTY 18th April 2023 SetupBuy above 42375 (BANK NIFTY 42300 CE) Target 42536,42603
Sell below 42018 (BANK NIFTY 42100 PE) Target 41875, 41658
17/04/2023 BANKNIFTY SUPPORT AND RESISTANCE ZONEHello Guys,
Good Morning everyone,
According to the data today market Gap-Down is going to open
After A Gap-Down opening if Banknifty sustain Above 42000 and taking Support from 42000 then open target for T1-42200,T2-42400,T3-42600
If the Banknifty after a Gap-Down opening sustain Below 41700 and taking resistance below 41700 then the open Targets for T1-41600,T2-41300,T3-41000
Major Levels 42200,41600,41700
Bank Nifty -17th Apr 2023 Analysis17th April 2023, Bank nifty analysis
As per the levels i'm bullish. Instead of looking for shorting opportunities look for buying opportunities at each level bottom which have great R:R
The levels are mentioned the chart itself
Banknifty Will cross 42000 soonBanknifty Will cross 42000 soon
Banknifty PCR above 1 and already it takes a beautiful support and break upper resistance
It will Move towards its near Resistance
13/04/2023 BANKNIFTY SUPPORT AND RESISTANCE ZONEHello Guys,
Good Morning everyone,
According to the data today market Gap-Down is going to open
After A Gap-Down opening if Banknifty sustain Above 41500 and taking Support from 41500 then open target for T1-41671,T2-41835,T3-42000
If the Banknifty after a Gap-Down opening sustain Below 40400 and taking resistance below 40400 then the open Targets for T1-41300,T2-41100,T3-40900
Major Levels 41400,41500,41600
12/04/2023 BANKNIFTY SUPPORT AND RESISTANCE ZONEHello Guys,
Good Morning everyone,
According to the data today market Flat is going to open
After A Flat opening if Banknifty sustain Above 41600 and taking Support from 41600 then open target for T1-41800,T2-42000,T3-42200
If the Banknifty after a Flat opening sustain Below 40600 and taking resistance below 40600 then the open Targets for T1-41400,T2-41200,T3-40800
Major Levels 41600,41500,41700
