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Bankniftyintradaylevels

BANKNIFTY-Trendline Holds or Buyers Exhausted?? BANKNIFTY has been on an upward trend for quite some time now, but it seems like it may be time for a correction at the strong resistance level of 43600. Observations: ----->>However, the trendline is currently acting as a support and the price is still moving up. ------>>Just yesterday, the strong resistance at 43000 was broken, so it's possible that it may now act as a support level. ----->>If the price falls below 43000 again, it's uncertain which level will hold. Which Level Holds: In the past, the price faced difficulties going up at 42700 and failed. But now, that same level may act as support to go higher. It's recommended to stay on the long side until the price breaks below 42700. -------->> If price breaks 42700 and facing resistance @43000 or 42850 level and again breaks 42700 , go for short 42500,42300,42000.
NSE:BANKNIFTY
by IIT-Trader
1
Bank nifty level for the may month-for education purposeWe are not SEBI registered instructor. We are only stock market educator. Kindly take the trade with keeping your own risk and rewards and analysis. This analysis on for education purpose. If bank nifty sustain the level of 43200 in coming week and on closing basis break out 42500 then in month level of 44150 the highest one can be achieved in our personnel view. If bank nifty break down 42900 and sustain the level then it can go to level of 42500 in coming weeks.
NSE:BANKNIFTY
by vijayanjum
Banknifty 21-Apr-23 PredictionI'm expecting a bullish trend for tomorrow. If only it satisfies below criteria Open above 42317 and wait for retracement till 42170 and can take a long position with 50 points sl for 42500 as a target. If open below 42170 then wait for 42043 and take a long position with 100 points sl for 42400-42500 as the target 1. 42170 -> 42400 -> 42500 2. 42043 -> 42300 -> 42400 -> 42500 Note: I'm not SEBI Registered. The analysis here is just for educational purposes.
NSE:BANKNIFTYLong
by kranthi85