Bankniftyanalysis
BankNifty Intraday for 16th Jan 2023#banknifty has given a "V" shaped recovery on Friday's trading session and closed positively on the last week. The main question is, "Does the move continue, or will it go back into a range?" As per the chart, the current market structure is favourable, supported by global cues.
15 Minute TF to find the best opportunity in intraday on January 16
In Friday's trading session, the index tested its low and recovered immediately. That support has been valid since December 26 and has been rejected several times, indicating how strong the level is, so "high probability trade is on the long side," but which level is the most important thing to know? We have multiple XABCD patterns on the chart that we can use for the entry and target.
The intraday range is 42,270 to 42,500.
Long can build above 42,500 for the target of 42,640/42,792
The short position, which is against the current market structure, can make lower than 42,270 for the target of 42,130
Pin Point Predictions Of Bank Nifty For 16-1-23Hello Traders,
A very small initiative to make your trading easy with the help of my experience and knowledge gained in last 17 years. This chart is posted to clear all confusion of trading two days ago for 13-1-23 trading. Complete price action discussed in detail with Monday predictions check below.
13/01/2023 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 openaning if Banknifty sustain above 42000 and taking support from 42000 then open target for T1-42400,T2-42400,T3-42600
If the Banknifty after a Gap-Up opening make resistance 420000 sustain below then the open Traget for T1-41800,T2-41600,T3-41500
Major Levels 42100,42000,42200
BankNifty | Market Prediction for Tomorrow | 13th Jan 2023Hey Friends,
market played as we discussed yesterday and my view was sideways to bearish as per my analysis and market was reacting like that. As discussed in video try to play reverse at those level to pick some good points.
Important level for tomorrow
Resistance Level -
42681
42423
42340
Support Levels
42082
41700
41500
41000
12/01/2023 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 openaning if Banknifty sustain above 43000 and taking support from 42200 then open target for T1-42500,T2-42700,T3-43000
If the Banknifty after a Gap-Up opening make resistance 420000 sustain below then the open Traget for T1-41900,T2-41800,T3-41600
Major Levels 42100,42000,42200
NSE:BANKNIFTY Analysis/Prediction for tomorrow expiry 12-01-2023NSE:BANKNIFTY Analysis/Prediction for tomorrow
If price opens between 41850-42150
🟢 Buy CE above 42540
✔️ Target Should be, 43000, 42300
🔴 Buy PE below 42000
✔️ Target Should be 41570, 41000
One Side movement can be possible.
Note:
🚨 Gap-UP & Gap-Down more than 200 points wait for price action.
🚨 Gap-UP & Gap-Down up-to 100 points wait for a pullback.
⚠️ Wait for the 5-minute candle to close for confirmation.
⚠️ Trade Like Either SL or Target.
⚠️ Important: Always maintain your Risk & Reward Ratio.
Disclaimer: I am not SEBI Registered Advisor.
My posts are purely for training and educational purposes.
Bank Nifty Upcoming Days SMC Patterns --------------------------------------DISCLIMER--------------------------------------------------
* All the information shared in this chart is provided for strictly educational purposes only.
* This chart is sharing information are based on the theory of technical analysis .
* This is not an offer to buy or sell stocks, futures , options, commodity, forex, interests or any other trading security.
* Back test yourself before jump into live market consult your financial adviser and use proper risk management.
Bank Nifty Level's
Support --41950-41851/41800/41500
Resistance-- 42606-42710/42975-43077
Trading Cafe 24
BANKNIFTY : Rejecting BANKNIFTY rejecting yellow resistance we marked last time. it was support at that time and now its become resistance for BankNifty. if it break we can see good up move. Currently we can go with 15 min TF with small SL for trade.
Follow your analysis before entering into trade. i will see during expiry day to enter. for now watching movement and enjoying it.
Like, Share, Comment for regular updates.
Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Please consult with your Financial advisor before trading or investing
First Learn and then remove "L" with small SL.
11/01/2023 BANKNIFTY SUPPORT AND RESISTANCE ZONEHello Guys,
Good morning Everyone,
According to the data today market Flat is going to open
After A Flat openaning if Banknifty sustain above 42000 and taking support from 42100 then open target for T1-42200,T2-42400,T3-42600
If the Banknifty after a Falt opening make resistance 42000 sustain below then the open Traget for T1-41600,T2-41400,T3-41300
Major Levels 42100,42000,41800
NSE:BANKNIFTY Analysis/Prediction for tomorrow 11-01-2023NSE:BANKNIFTY Analysis/Prediction for tomorrow
If price opens between 41850-42150
🟢 Buy CE above 42175
✔️ Target Should be 42490
🔴 Buy PE below 41830
✔️ Target Should be 41560
Note:
🚨 Gap-UP & Gap-Down more than 200 points wait for price action.
🚨 Gap-UP & Gap-Down up-to 100 points wait for a pullback.
⚠️ Wait for the 5-minute candle to close for confirmation.
⚠️ Trade Like Either SL or Target.
⚠️ Important: Always maintain your Risk & Reward Ratio.
Disclaimer: I am not SEBI Registered Advisor.
My posts are purely for training and educational purposes.
BANKNIFTY FOR TOMORROW(10/01/2023)💚💚Hello ji,🐮🐮🐮
=========================================================
Today bloodbath in both NIFTY AND BANKNIFTY.
because of 1-> china factor, falloff FII are selling.
2-> fed meeting OUTCOME.
Here all support are breck and big profit also there.
In 15mins banknifty makes a small "W" Patten and again
maybe make a HEAD AND SHOULDERS" Patten.........
thanks you Have good day for Tomorrow.🙏
=========================================================
10/01/2023 BANKNIFTY SUPPORT AND RESISTANCE ZONEHello Guys,
Good Morning Everyone,
According to the data today market Flat is going to open
After A Flat openaning if Banknifty taking support from 42500 and sustain above last day high 42716 then open target for T1-43000,T2-43200,T3-43400
If the Banknifty after a Falt opening make resistance 42400 sustain below then the open Traget for T1-42000,T2-41800,T3-41600
Major Levels 42600,42500,42400