[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.
Bankniftyintradaylevels
14 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 T1-44100,T2-44200,T3-44300
If the Banknifty Gap-Down opening sustain Below 44000 and taking resistance below 44000 then the open Targets for T1-43800,T2-43600,T3-43500
Major Levels 44000,44200,43800
If the market stande in this area of 44000 to 44200, then it is possible that even today the market will remain in the range.
10 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 45000 and taking Support from 45100 then open target for T1-45300,T2-45400,T3-45500
If the Banknifty Gap-Down opening sustain Below 44500 and taking resistance below 44500 then the open Targets for T1-44300,T2-44200,T3-44100
Major Levels 45000,44800,44500
If the market stande in this area of 45000 to 44600, then it is possible that even today the market will remain in the range.
9 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 45000 and taking Support from 45100 then open target for T1-45300,T2-45400,T3-45500
If the Banknifty Flat opening sustain Below 45000 and taking resistance below 44800 then the open Targets for T1-44600,T2-44500,T3-44400
Major Levels 45000,44800,45200
If the market stande in this area of 45200 to 44800, then it is possible that even today the market will remain in the range.
BANKNIFTY--Trending Up or Down ??The bank nifty index, entire day price is trading in a range.
Tomorrow we can expect a breakout or breakdown.....
On top side if price breaks the 45100 level and gives us retest will go for long.
on bottom side if price breaks 44600 and retest will go for short side...
at triangle breakdown or breakout no entry will be placed...
fake out may be possible after a consolidation.
One more point after a strong consolidation price is going down means we can expect a strong upside momentum.
careful here.
Today price has taken the liquidity on both sides...eliminating both buyers and sellers.
8 AUGUST 2023 BANKNIFTY SUPPORT AND RESISTANCE LEVELS
Hello 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 45000 and taking Support from 45000 then open target for T1-45200,T2-45400,T3-45500
If the Banknifty Gap-down opening sustain Below 45000 and taking resistance below 45000 then the open Targets for T1-44800,T2-44600,T3-43400
Major Levels 45000,44800,45200
If the market stande in this area of 45200 to 44800, then it is possible that even today the market will remain in the range.
BANKNIFTY--Bull Trap or Bear Trap ??After a strong fall, price is given us retracement.
this retracement is to enter for short side or Enter in long side.
price is clearly taking the support from 45500 levels,
all done on long side up to neckline as mentioned previous.
Now this is very interesting price is given us retracement....
this retracement is for buyers...initiated at strong resistance this will continue upwards again...
this has to break above the 45100 levels....If failed to break above,
otherwise who has initiated longs and carrying Calls, Bulls will be trapped.
After a strong fall, from the major trendline price is continuously falling, so those who missed the previous selling opportunity, those who think that price given us retracement to enter in short side, this is the place to enter for short and they initiated shorts...
if price opens bullish and continue towards upside then it is a bear trap.
One more interesting point is, @45100 levels price is showing strong bearish pressure...
and to test this buyers struggled to reach the zone...
a consolidation to upside is observed...if this is a sign of weakness for buyers on next session will be a falling again.
until price breaks above 45100 levels and retest no bullish view...
it is still in bearish mode only.
I think this post is helpful...
Note::
It might hurt some one, who is carrying calls and puts...
But the psychology of markets behavior is like this only....
As a retail traders we can't take any decisions, we have to move with them...
Thank you very much for your support and encouragement....
Have a nice weekend....
banknifty pre market analysis8 AUGUST ANALYSIS:
Daily analysis:
PS-Position size
Banknifty
side: trade in second half of the market if it breaks range
gapup: wait for price-action, trade in small qty
gapdown: if it gives breakdown then selll (ps-50%)
big gapdown: we will sell only if it gives breakdown after some consolidation
7 AUGUST 2023 BANKNIFTY SUPPORT AND RESISTANCE LEVELSHello Guys,
Good Morning everyone,
According to the data today market is going to open Gap-up
After A Gap-up opening if Banknifty sustain Above 45000 and taking Support from 45000 then open target for T1-45200,T2-45400,T3-45500
If the Banknifty Gap-up opening sustain Below 45000 and taking resistance below 45000 then the open Targets for T1-44800,T2-44600,T3-43400
Major Levels 45000,44800,45200
If the market stande in this area of 45200 to 44800, then it is possible that even today the market will remain in the range.
4 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 44500 and taking Support from 44500 then open target for T1-44700,T2-44900,T3-45100
If the Banknifty Flat opening sustain Below 44300 and taking resistance below 44300 then the open Targets for T1-44200,T2-44100,T3-43900
Major Levels 44500,44300,44600
If the market stande in this area of 44500 to 44300, then it is possible that even today the market will remain in the range.
BANKNIFTY--Hidden Head & Shoulders Pattern??A pattern(Head and Shoulders) inside an another pattern of (Head and Shoulders) in Higher time frame....
If the Trendline or Neckline on the inside pattern of Head and Shoulders acts as resistance,
there will be an one more fall happens in Bank nifty.
which is more dangerous than this one.
Keep watch these internal levels and external levels....they will acts as support and resistance.
keep look at these levels....
Happy Trading guys....
Note::
I am not available for the next 1 or 2 weeks....
Thank you guys for your support and Encouragement.
will be back soon...
3 AUGUST 2023 BANKNIFTY EXPIRY DAY 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 45000 and taking Support from 45100 then open target for T1-45200,T2-45300,T3-43500
If the Banknifty Gap-Down opening sustain Below 44700 and taking resistance below 44700 then the open Targets for T1-44600,T2-44500,T3-44300
Major Levels 45000,45100,44800
If the market stande in this area of 45000 to 44700, then it is possible that even today the market will remain in the range.
banknifty pre market analysis2 AUGUST ANALYSIS:
Daily analysis:
Nifty opens:
side: buy if breaks up (PS-100%), down (Ps-70%)
gapup: wait for price-action buy on upside breakout(ps-50%)
gapdown: if it gives breakdown after consolidation then sell (ps-70%)
Banknifty
side: buy if market breaks up (PS-70%)
gapup: we will buy if gives breakout after consolidation(100%up)
gapdown: wait for breakdown then sell (PS-70%)
2 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 45600 and taking Support from 45600 then open target for T1-45800,T2-46000,T3-46200
If the Banknifty Gap-Down opening sustain Below 45500 and taking resistance below 45500 then the open Targets for T1-45300,T2-45200,T3-45000
Major Levels 45500,45400,45600
If the market stande in this area of 45800 to 45500, then it is possible that even today the market will remain in the range.
banknifty pre market analysis1 AUGUST ANALYSIS:
Daily analysis:
Banknifty
side: buy if market breaks up (PS-70%)
gapup: we will trade in either direction if gives breakout after consolidation(50%up, 20%down)
gapdown: no trade
only on big gapdown then we will think of selling after price-action formed(100%)
1 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 45400 and taking Support from 45500 then open target for T1-45800,T2-46000,T3-46200
If the Banknifty Gap-Down opening sustain Below 45500 and taking resistance below 45500 then the open Targets for T1-45300,T2-45200,T3-45000
Major Levels 45500,45400,45000
If the market stande in this area of 46000 to 45800, then it is possible that even today the market will remain in the range.
BANKNIFTY--Which Breaks Demand or ATH ??Today's observations::
Price rapidly falls from the 46300 levels.
Price may again test the ATH, so don't go for short immediately.
based on the opening will again look for buy or short.
Key level to watch is previous ATH, that is the level that can push price up or lower.
On bottom side,
Price is again taken the support from demand zone...until demand breaks no Short again...
fake breakdown may also happen at demand zone careful here...
this is a strong area of value and demand zone.. that can't break easily....
will see what happens in the next session.
28 JULY 2023 EXPIRY DAY BANKNIFTY SUPPORT AND RESISTANCE LEVELSHello Guys,
Good Morning everyone,
According to the data today market is going to open Gap-Up
After A Gap-Up opening if Banknifty sustain Above 46000 and taking Support from 46000 then open target for T1-46200,T2-46300,T3-46500
If the Banknifty Gap-Up opening sustain Below 45700 and taking resistance below 45700 then the open Targets for T1-45600,T2-45500,T3-45400
Major Levels 46000,46200,45800
If the market stande in this area of 46000 to 45800, then it is possible that even today the market will remain in the range.
[INTRADAY] #BANKNIFTY PE & CE Levels(27/07/2023) Today will be gap up opening in BANKNIFTY . After opening if banknifty sustain above 46050 level then possible upside rally of 400-500 points upto 46450 Level. And this rally can extend for another 400 points if it gives breakout of 46550 level. Any Major downside only expected in case banknifty starts trading below 45950 level.also possible Reversal Downside 46450 level.
27 JULY 2023 EXPIRY DAY BANKNIFTY SUPPORT AND RESISTANCE LEVELSHello Guys,
Good Morning everyone,
According to the data today market is going to open Gap-Up
After A Gap-Up opening if Banknifty sustain Above 46300 and taking Support from 46300 then open target for T1-46500,T2-46700,T3-46800
If the Banknifty Gap-Up opening sustain Below 46000 and taking resistance below 46000 then the open Targets for T1-45800,T2-45600,T3-45500
Major Levels 46000,46200,46300
If the market stande in this area of 46000 to 46300, then it is possible that even today the market will remain in the range.
26 JULY 2023 EXPIRY DAY BANKNIFTY SUPPORT AND RESISTANCE LEVELS
Hello Guys,
Good Morning everyone,
According to the data today market is going to open Gap-Up
After A Gap-Up opening if Banknifty sustain Above 46000 and taking Support from 46000 then open target for T1-46200,T2-46300,T3-46500
If the Banknifty Gap-Up opening sustain Below 45600 and taking resistance below 45600 then the open Targets for T1-45400,T2-45300,T3-45100
Major Levels 46000,45800,45500
If the market stande in this area of 45500 to 45800, then it is possible that even today the market will remain in the range.