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Bankniftylevels

17 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 T1-44200,T2-44400,T3-44600 If the Banknifty Gap-Down opening sustain Below 43600 and taking resistance below last day low 43600 then the open Targets for T1-43500,T2-43400,T3-43200 Major Levels 44000,43800,43500 If the market stande in this area of 44000 to 43500, then it is possible that even today the market will remain in the range.
NSE:BANKNIFTY
by mr_bull10
#Banknifty Expiry Levels for 17-Aug-2023Wizard Levels/Zones #Banknifty Levels for 17-08-2023 >Hey buddy, Wait for the price to close above or below-mentioned zones. Once the price closes above or below then SUPPORT becomes RESISTANCE and RESISTANCE becomes SUPPORT. > If you're following these zones then kindly follow the rules too. Risk management, and Position sizing. > This is my perception of the market so, kindly do your analysis to get more clarity on the market. > These levels might help you guys. As per my view, I'm sharing it with you guys. > This is not a blueprint to happen so, kindly do your own analysis along with my view. Thank you for your SUPPORT.
NSE:BANKNIFTYShort
by Financial_School
BankNifty levelsUtilizing the support and resistance levels of BankNifty, along with the 5-minute timeframe candlesticks and VWAP, can enhance the precision of trade entries and exits on or near these levels. It is crucial to recognize that these levels are not static, and they undergo alterations as market dynamics evolve. The dashed lines on the chart indicate the reaction levels, serving as additional points of significance. We trust that this information proves valuable to you. * If you found the idea appealing, kindly tap the Boost icon located at the bottom right. We encourage you to share your thoughts and comments regarding it. Wishing you successful trading endeavors!
NSE:BANKNIFTY
by sacxe
#Banknifty Levels for 16-Aug-2023Wizard Levels/Zones #Banknifty Levels for 16-08-2023(Wednesday) > If you're following these zones then kindly follow the rules too. Risk management, Position sizing, and Rules. > This is my perception of the market so, kindly do your analysis to get more clarity on the market. > These levels might help you guys. As per my view, I'm sharing it with you guys. > This is not a blueprint to happen so, kindly do your own analysis along with my view. Thank you for your SUPPORT.
NSE:BANKNIFTYShort
by Financial_School
BankNifty levelsUtilizing the support and resistance levels of BankNifty, along with the 5-minute timeframe candlesticks and VWAP, can enhance the precision of trade entries and exits on or near these levels. It is crucial to recognize that these levels are not static, and they undergo alterations as market dynamics evolve. The dashed lines on the chart indicate the reaction levels, serving as additional points of significance. We trust that this information proves valuable to you. * If you found the idea appealing, kindly tap the Boost icon located at the bottom right. We encourage you to share your thoughts and comments regarding it. Wishing you successful trading endeavors!
NSE:BANKNIFTY
by sacxe
BANKNIFTY-- Case1 or Case2 ??The bank nifty index is again showing bearish pressure.... will this fall continue towards downwards, then which place we can expect a reversal to the upside... If we see on bottom side @44120-44080 level which is a strong level of Resistance, if tomorrow price again opens in this range they will again take the price towards downside... at 43800 levels we have a strong rise is observed previously might push the price upside again... Until price breaks the trendline no bullish view... which case is possible ?? Case1:: If previous strong resistance acts as support will be buy side... Case2:: If the same resistance again pushes the price downwards will be sell side up to 43800. Will see in the next session what happens...
NSE:BANKNIFTY
by IIT-Trader
38
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.
NSE:BANKNIFTY
by mr_bull10
BANKNIFTY--Trending or Range ??the Banknifty index is still in range... Price is continuously rejecting from the level @45100... today after a strong fall price stopped its bearish momentum...and price closed in the same range again... If tomorrow price breaks the 44700 level...will be on buy side up to trendline and 45100. If price wants to breaks this strong bullish momentum it has to break with either gap down or consolidation to bearish. Until price breaks this level 44300 level keep on bullish... On upside we are still pending with the retest of major trendline... Keep track this trendline...if resist the price to go up will get good point. will see in the next session what happens...
NSE:BANKNIFTY
by IIT-Trader
58
BANKNIFTY--U turn to Bullish ??The banknifty index is again showing a strong fall...with an equal rise..... this strong fall indicates the exhaustion of selling pressure... or is still there is some more bearishness ahead,in the end bulls successfully taken the price towards upside... if this indicates exhaustion of buyers, after a strong selling pressure is observed or an initiation of bullishness. we are still in confusion...we cannot predict the direction of bank nifty still.... If this fall is end of bearishness from tomorrow on wards price will go higher levels. If this is again a beginning will see some more fall in bank nifty index. So if it is bullish, when to enter in a trade... after this strong rise if tomorrow it gives us any discount will enter in long side again. tomorrow again will see a consolidation or strong break above 45100 levels.. will see in the next session what happens...
NSE:BANKNIFTY
by IIT-Trader
27
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.
NSE:BANKNIFTY
by mr_bull10
BANKNIFTY--Gap Up or Down ??After a strong consolidation price moved strongly to the upside... an indication of short entry.... Identify that the neckline again acts as a strong resistance and not allowing us to go upside... price taken the entry on short side..... price again closing in the same range...After a strong consolidation. Initially price showing bullish pressure but failed to take the price again upside. again a strong consolidation to rise upside.... indicating a short side.... If tomorrow opens gap up or gap down... we will wait for the price to retrace back, will also be continue with the trend. If price opens gap up and continue its momentum towards 45400 levels, we will expect a retracement to neckline... will see what happens in the next session.
NSE:BANKNIFTY
by IIT-Trader
52
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.
NSE:BANKNIFTY
by IIT-Trader
27
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....
NSE:BANKNIFTY
by IIT-Trader
34
BANKNIFTY--44500 is Support or Resistance ??Bank nifty index a continuous fall is observed from the break of major trendline without retest. price broken the demand @44800 and 44600 levels, the previous resistance is also failed to push the price up, so a strong fall is observed below 44500. Price is now exactly closed @ 44500 level, which is a strong fall area previous. if this again pushes the price down will observe a continuous fall to bottom levels @43800 levels. if the same resistance acts as support, price is again be bullish. tomorrow move will decide to go further lower or higher. until keep in watch mode. I will do one more post on buy side setup... I cannot mix both intraday and swing setup in a single post. Thanks for your support and Encouragement guys. stay tuned for more updates....
NSE:BANKNIFTY
by IIT-Trader
66
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.
NSE:BANKNIFTY
by mr_bull10
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...
NSE:BANKNIFTY
by IIT-Trader
1
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.
NSE:BANKNIFTY
by mr_bull10
BANKNIFTY--Inside Candle + Upside = Fall ??After Showing strong Bullish Pressure towards new ATH, price showing strong bearish pressure. price also forms a inside candle, and yesterday shows a strong bullish momentum again. if this bullish momentum sustains...or falls again. Considering that inside candle as consolidation at Previous ATH levels, and shows us a bullish momentum, so if we consider this as Bearish Pressure + Consolidation + Upside = Great fall. if we observe after breaking the trendline no retest is observed in higher timeframes, a strong bullish move is observed from 44700-44750 levels. if price failed to take the help of previous HH, and bottom side Demand fails, we can expect a strong fall. Will see what happens in live market... Thanks for your support.
NSE:BANKNIFTY
by IIT-Trader
4