[INTRADAY] #BANKNIFTY PE & CE Levels(06/02/2024) 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.Any Major downside only expected in case banknifty starts trading below 45950 level.also possible reversal upside 45550 level.
Bankniftyintradaylevels
[INTRADAY] #BANKNIFTY PE & CE Levels(05/02/2024) Today will be gap down opening in BANKNIFTY. After opening if banknifty start trading below 45950 level then possible downside rally of 400-500 points upto 44550 Level in todays session.Any Major upside only expected in case banknifty starts trading above 46050 level to 46450 level.also possible reversal upside 45550 level.
BANKNIFTY--@ Trendline Liquidity??Bank nifty index is facing constant rejection from the resistance @ 46300,
and a lot of liquidity lies below the 45000 support levels...
if tomorrow open up or opens flat, then they immediately takes the price to grab the liquidity on bottom side. so take care before going long from this area.
01 FEB 2024 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 sustains Above 46200 and takes Support from 46200 then open target for T1-46300, T2-46400,T3-46500
If the Banknifty gap up opening sustains Below 46000 and takes resistance below 46000 then the open Targets for T1-45800, T2-45700,T3-45500
Major Levels 46000,46200,45800
If the market stands in this area of 46000 to 46200 then it is possible that even today the market will remain in the range.
BANKNIFTY--Breakout or Breakdown??I am sharing the important levels of Support and Resistance. These levels plays a crucial role in trading decisions, as they act as reliable markers of price movements.
------>>Support levels are price points where an asset tends to find buying interest, preventing it from falling further.
---->Resistance levels, on the other hand, are points where selling pressure typically prevents the asset from rising higher.
Take a look at these levels and trade accordingly. Recognizing and respecting these support and resistance levels can help traders make informed decisions and manage risk effectively. They serve as key reference points for technical analysis and are vital tools in successful trading strategies.
Trade safe...Thank you guys for your support
[INTRADAY] #BANKNIFTY PE & CE Levels(31/01/2024) Today will be gap down opening in BANKNIFTY. After opening if banknifty start trading below 45450 level then possible downside rally of 400-500 points upto 44950 Level in todays session.Any Major upside only expected in case banknifty starts trading above 45550 level to 45950 level.
Banknifty--@What is Resistance (S or T)??Banknifty index is clearly broken the support @47000 zone.
Price recently broken the longer term trendline as well..
Now price is trading near to support zones at 44500 minor support zone and
43500-43200 major support zone.
Short Opportunity::
Enter the short positions when price tap into this resistance zone(Support) or facing resistance from trendline.look for short opportunities from this zone.
Long Opportunity::
Enter long positions when price tap into the major support zone.looking for long opportunities from this support.
Case:1
We have a resistance in the form of support @47000.
Case:2
We have resistance in the form of trendline.
30 JAN 2024 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 sustains Above 45500 and takes Support from 45500 then open target for T1-45600, T2-45800,T3-46000
If the Banknifty gap up opening sustains Below 45500 and takes resistance below 45500 then the open Targets for T1-45300, T2-45200,T3-45000
Major Levels 45500,45700,45300
If the market stands in this area of 45500 to 45700 then it is possible that even today the market will remain in the range.
[INTRADAY] #BANKNIFTY PE & CE Levels (29/01/2024) Today will be gap up opening in BANKNIFTY. After opening if banknifty sustain above 45050 level then possible upside rally of 400-500 points upto 45450 level & this rally can extend another 400 points if market give breakout 45550 level.Any Major downside only expected in case banknifty starts trading below 44950 level.
29 JAN 2024 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 sustains Above 45500 and takes Support from 45500 then open target for T1-45600, T2-45800,T3-46000
If the Banknifty gap up opening sustains Below 45000 and takes resistance below 45000 then the open Targets for T1-44800, T2-44700,T3-44600
Major Levels 45000,45200,45500
If the market stands in this area of 45500 to 45300 then it is possible that even today the market will remain in the range.
BANKNIFTY--Support becomes Resistance??Bank nifty index taken multiple times support from the zone 45600-45400.
if this acts as resistance again bearishness will continue to downwards.
on top we have a resistance in the form of trendline as well....
we have chance of consolidation between 45600-44100 levels before test this zone at 44100 levels...keep safe before going long from here...
[INTRADAY] #BANKNIFTY PE & CE Levels(25/01/2024) Today will be gap up opening in BANKNIFTY. After opening if banknifty sustain above 45050 level then possible upside rally of 400-500 points upto 45450 level & this rally can extend another 400 points if market give breakout 45550 level.Any Major downside only expected in case banknifty starts trading below 44950 level.also possible reversal downside 45450 level.
25 JAN 2024 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 sustains Above 44800 and takes Support from 44800 then open target for T1-45200, T2-45300,T3-45500
If the Banknifty gap down opening sustains Below 44600 and takes resistance below 44600 then the open Targets for T1-44400, T2-44200,T3-44100
Major Levels 45000,45200,44800
If the market stands in this area of 45000 to 45200 then it is possible that even today the market will remain in the range.
24 JAN 2024 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 sustains Above 45300 and takes Support from 45300 then open target for T1-45400, T2-45600,T3-45800
If the Banknifty gap up opening sustains Below 45200 and takes resistance below 45200 then the open Targets for T1-45000, T2-44900,T3-44800
Major Levels 45200,45000,45300
If the market stands in this area of 45000 to 45200 then it is possible that even today the market will remain in the range.
[INTRADAY] #BANKNIFTY PE & CE Levels(23/01/2024) 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 & this rally can extend another 400 points if market gives breakout 46550 level.Any Major downside only expected in case banknifty starts trading below 45950 level.
23 JAN 2024 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 sustains Above 46200 and takes Support from 46200 then open target for T1-46400, T2-46600,T3-46800
If the Banknifty gap up opening sustains Below 46200 and takes resistance below 46200 then the open Targets for T1-46000, T2-45900,T3-45800
Major Levels 46200,46000,46400
If the market stands in this area of 46400 to 46200 then it is possible that even today the market will remain in the range.
[INTRADAY] #BANKNIFTY PE & CE Levels(19/01/2024) Today will be gap up opening in BANKNIFTY. After opening if banknifty sustain above 45550 level then possible upside rally of 400-500 points upto 45950 level & this rally can extend another 400 points if market gives breakout 46050 level.Any Major downside only expected in case banknifty starts trading below 45450 level.
[INTRADAY] #BANKNIFTY PE & CE Levels(18/01/2024) Today will be gap down opening in BANKNIFTY. After opening if banknifty start trading below 45950 level then possible downside rally of 400-500 points upto 45550 Level in todays session.Any Major upside only expected in case banknifty starts trading above 46050 level to 46450 level.
16 SEPT 2023 BANKNIFTY SUPPORT AND RESISTANCE LEVELSHello Guys,
Good Morning everyone,
According to the data today market is going to open a gap up
After A Gap-up opening if Banknifty sustains Above 48000 and takes Support from 48100 then open target for T1-48200, T2-48400,T3-48600
If the Banknifty Gap-up opening sustains Below 48000 and takes resistance below 48000 then the open Targets for T1-47800, T2-47700,T3-47600
Major Levels 48000,48200,47800
If the market stands in this area of 48000 to 48200, then it is possible that even today the market will remain in the range.
15 SEPT 2023 BANKNIFTY SUPPORT AND RESISTANCE LEVELSHello Guys,
Good Morning everyone,
According to the data today market is going to open a gap up
After A Gap-up opening if Banknifty sustains Above 47800 and takes Support from 47800 then open target for T1-48000, T2-48100,T3-48200
If the Banknifty Gap-up opening sustains Below 47500 and takes resistance below 47500 then the open Targets for T1-47400, T2-47300,T3-47200
Major Levels 47500,47600,48000
If the market stands in this area of 47800 to 48000, then it is possible that even today the market will remain in the range.
BANKNIFTY--Drop Base DropBanknifty is trading in a Bearish channel
Recently a strong Bearish is observed from 48000 levels.
Now price is approching the resistance,keep looking for short if price comes back to the same level.
Will become a drop base drop if fall happens.We have trendline liquidity as well.
Liquidity lies on both sides above 48000 and below 47000.
so careful here.Chance of clearing the liduidity on both sides.
12 SEPT 2023 BANKNIFTY SUPPORT AND RESISTANCE LEVELSHello Guys,
Good Morning everyone,
According to the data today market is going to open a gap up
After A Gap-up opening if Banknifty sustains Above 47500 and takes Support from 47600 then open target for T1-47800, T2-47900,T3-48000
If the Banknifty Gap-up opening sustains Below 47200 and takes resistance below 47000 then the open Targets for T1-46800, T2-46700,T3-46500
Major Levels 47500,47600,47200
If the market stands in this area of 47800 to 47600, then it is possible that even today the market will remain in the range.