Bankniftyanalysis
[INTRADAY] #BANKNIFTY PE & CE Levels(20/09/2024)Bank Nifty is expected to open with a gap-up today. If Bank Nifty manages to sustain above the 53050 level after opening, we could witness an upward rally toward the 53450 mark. If it breaks the 53550 resistance level, this upward momentum could extend by an additional 400-500 points. However, any potential downside movement is likely only if Bank Nifty falls below the 52950 level, which could signal bearish pressure.
Banknifty Intraday Levels: 20-Sep-24Index fill the previous Gap and move upside , important upside hurdle 53300 breakout can expect more up.
Immediate Support @52800 breakout drag price for downside.
Wait for proper price action at levels for Entry.
Bullish > 53100
Bearish > 52800
Use SL trailing method instead for secure profits.
[INTRADAY] #BANKNIFTY PE & CE Levels(19/09/2024)Today will be gap up opening expected in banknifty near 53000 level. After opening if banknifty starts trading above 53050 level then possible strong upside rally of 400-500 points in index. Downside 52550 will act as a strong support for today's session.
[INTRADAY] #BANKNIFTY PE & CE Levels(18/09/2024)Today will be flat or slightly gap up opening in banknifty. Since last few trading session index trading in consolidation zone. Strong upside rally expected above 52550 level. In case banknifty starts trading below 51950 then possible sharp downside of 400-500 points.
Bank Nifty Podcast 17 Sep 2024Today, only 1 trade setup was available based on Podcast Strategy.
- When the Podcast entry had come, just before that 5minute candle closed both below and above Opening Price - 52239
- The Data was -ve, and 2 departments were bullish. So again, looked at the strikes 52200 and 52300, where Put writers increased to give momentum toward 52400.
- The stoploss was hit, as call writers increased at the strike 52300.
Notes:
- Simultaneously, a selling strategy was executed based on Price Action, which gave 0.5% return on the capital.
[INTRADAY] #BANKNIFTY PE & CE Levels(17/09/2024)Today will be gap up opening in banknifty. After opening expected upside rally upto 52450 level. Banknifty will face resistance near 52450 level. Any strong upside rally expected only above 52550 level. Similarly strong downside rally only expected below 51950 level.
[INTRADAY] #BANKNIFTY PE & CE Levels(16/09/2024)Today will be slightly gap up opening expected in banknifty. After opening if banknifty sustain above 52050 level then possible upside rally upto 52450+ level in today's session. Any downside expected below 51950 level. 51550 will act as a strong support for today's session.
[INTRADAY] #BANKNIFTY PE & CE Levels(12/09/2024)Today will be slightly gap up opening expected in banknifty. After opening if banknifty sustain above 51050 level then possible upside rally upto 51450 level. 51450 level will act as a upside resistance for banknifty. Strong downside fall possible if banknifty starts trading below 50950 level.
[INTRADAY] #BANKNIFTY PE & CE Levels(11/09/2024)Today will be slightly gap up opening expected in banknifty. Possible banknifty open near 51500 level. 51000-51500 level will act as a consolidation zone for banknifty any strong movements only expected after break of this zone. Upside strong 400-500 points rally possible if banknifty starts trading above 51550 level.
[INTRADAY] #BANKNIFTY PE & CE Levels(05/09/2024)Today will be slightly gap up opening expected in banknifty above 51500 level. Due to yesterday's consolidation movements in market there are no major changes in level. If banknifty sustain above 51550 level then only expected upside rally upto 51950+ level in today's session. Downside possible if banknifty starts trading below 51450 level.
[INTRADAY] #BANKNIFTY PE & CE Levels(04/09/2024)Today will be slightly gap down opening expected in banknifty near 51500 level. After opening if banknifty sustain above 51550 level then possible upside rally upto 51950+ level. Downside possible in case banknifty starts trading below 51450 level. Downside 51050 will act as a support for today's session.
[INTRADAY] #BANKNIFTY PE & CE Levels(03/09/2024)Today will be flat or slightly gap up opening expected in banknifty near 51500 level. After opening if banknifty starts trading and sustain above 51550 level then possible upside rally upto 51950+ level. Downside 400-500 points expected in case banknifty starts trading below 51450 level. 51050 level will act as a strong support for today's session.