Recap of BankNIFTY move on Monthly Expiry, Trade analysisAs stated in the prev Vlog, the BankNifty chart trended sideways to bullish keeping trend above Weekly CPR almost testing Weekly R1 towards end of day.
Far OTM Sells on CALL And PUT side expired worthless. Slightly near OTM CE Sell's hit SL due to Gamma moves during the swing highs intraday.
Overall market kept above 100 EMA and Above CPR as projected before the day start and remain bullish.
Bankniftylevels
29/03/2023 BANKNIFTY SUPPORT AND RESISTANCE ZONEHello Guys,
Good Morning everyone,
According to the data today market Gap-Up is going to open
After A Gap-Up opening if Banknifty sustain Above 39700 and taking Support from 39700 then open target for T1-39900,T2-40100,T3-40300
If the Banknifty after a Gap-Up opening sustain Below 39500 last day low and and taking resistance below 39500 then the open Targets for T1-39300,T2-39100,T3-38900
Major Levels 39500,39600,39700
28/03/2023 BANKNIFTY SUPPORT AND RESISTANCE ZONEHello Guys,
Good Morning everyone,
According to the data today market Gap-Up is going to open
After A Gap-Up opening if Banknifty sustain Above 39500 and taking Support from 39500 then open target for T1-39700,T2-39900,T3-40200
If the Banknifty after a Gap-Up opening sustain Below 39300 last day low and and taking resistance below 39300 then the open Targets for T1-39100,T2-38900,T3-38700
Major Levels 39500,39400,39600
upside possible 1:10 RR Trade price broken the lower trendline but he index is re-testing the trendline multiple time and price observing demand #39300 so there is a high possibility that price can give a upside move till trading above 39300. once 39300 broken then we can see downside move toward 39k & 36600 level.
27/03/2023 BANKNIFTY SUPPORT AND RESISTANCE ZONEHello Guys,
Good Morning everyone,
According to the data today market Gap-Up is going to open
After A Gap-Up opening if Banknifty sustain Above 39500 and taking Support from 39500 then open target for T1-39600,T2-39800,T3-40000
If the Banknifty after a Gap-Up opening sustain Below 39400 and and taking resistance below 39400 then the open Targets for T1-39200,T2-39000,T3-38800
Major Levels 39500,39400,39600
24/03/2023 BANKNIFTY SUPPORT AND RESISTANCE ZONE
Hello Guys,
Good Morning everyone,
According to the data today market Gap-Down is going to open
After A Gap-Down opening if Banknifty sustain Above 39500 and taking Support from 39500 then open target for T1-39700,T2-39900,T3-40100
If the Banknifty after a Gap-Down opening sustain Below 39400 and and taking resistance below 39400 then the open Targets for T1-39300,T2-39100,T3-38900
Major Levels 39500,39400,39600
23/03/2023 BANKNIFTY SUPPORT AND RESISTANCE ZONE
Hello Guys,
Good Morning everyone,
According to the data today market Gap-Down is going to open
After A Gap-Down opening if Banknifty sustain Above 40100 and taking Support from 40100 then open target for T1-40300,T2-40500,T3-40700
If the Banknifty after a Gap-Down opening sustain Below 39800 and and taking resistance below 39800 then the open Targets for T1-39600,T2-39400,T3-39200
Major Levels 39800,39900,40000
22/03/2023 BANKNIFTY SUPPORT AND RESISTANCE ZONEHello Guys,
Good Morning everyone,
According to the data today market Gap-Down is going to open
After A Gap-Down opening if Banknifty sustain Above 40000 and taking Support from 40000 then open target for T1-40100,T2-40200,T3-40400
If the Banknifty after a Gap-Down opening sustain Below 39800 and and taking resistance below 39800 then the open Targets for T1-39600,T2-39400,T3-39200
Major Levels 39800,39900,40000
21/03/2023 BANKNIFTY SUPPORT AND RESISTANCE ZONEHello Guys,
Good Morning everyone,
According to the data today market Gap-Up is going to open
After A Gap-Up opening if Banknifty sustain Above 39700 and taking Support from 39700 then open target for T1-39900,T2-40000,T3-40200
If the Banknifty after a Gap-Up opening sustain Below 39000 and and taking resistance below 39000 then the open Targets for T1-38800,T2-38600,T3-38500
Major Levels 39200,39500,39300
17/03/2023 BANKNIFTY SUPPORT AND RESISTANCE ZONEHello Guys,
Good Morning everyone,
According to the data today market Gap-Up is going to open
After A Gap-Up opening if Banknifty sustain Above 39300 and taking Support from 39300 then open target for T1-39400,T2-39600,T3-39900
If the Banknifty after a Gap-Up opening sustain Below 39200 and and taking resistance below 39200 then the open Targets for T1-39100,T2-38900,T3-38600
Major Levels 39000,39100,39200
BANKNIFTY : 17th Mar level14th March : NIFTY broken major support yesterday and after that we seen bears are active full day. As mention earlier it may touch weekly support as already break daily support. Keep eye on it.
15th Mar: Same view & levels for Bank nifty
16th Mar: Same view & levels for Bank nifty
17th Mar BANKNIFTY trading as per price action on chart. follow the same level further
Like, Share, Comment for regular updates.
Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Please consult with your Financial advisor before trading or investing
I may be 100% wrong as its my personal trade.
First Learn and then remove "L"
16/03/2023 BANKNIFTY SUPPORT AND RESISTANCE ZONEHello Guys,
Good Morning everyone,
According to the data today market Flat is going to open
After A Flat opening if Banknifty sustain Above 39100 and taking Support from 39100 then open target for T1-39300,T2-39500,T3-39700
If the Banknifty after a Flat opening sustain Below 39100 and and taking resistance below 39100 then the open Targets for T1-38900,T2-38700,T3-38500
Major Levels 39000,39100,39200
BANKNIFTY : 16th Mar14th March : NIFTY broken major support yesterday and after that we seen bears are active full day. As mention earlier it may touch weekly support as already break daily support. Keep eye on it.
15th Mar: Same view & levels for Bank nifty
16th Mar: Same view & levels for Bank nifty
Levels are marked on chart for intraday. Follow price action and become Price action chart Specialist.
Like, Share, Comment for regular updates.
Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Please consult with your Financial advisor before trading or investing
I may be 100% wrong as its my personal trade.
First Learn and then remove "L"
15/03/2023 BANKNIFTY SUPPORT AND RESISTANCE ZONEHello Guys,
Good Morning everyone,
According to the data today market Gap-Up is going to open
After A Gap-Up opening if Banknifty sustain Above 39500 and taking Support from 39500 then open target for T1-39800,T2-40000,T3-40200
If the Banknifty after a Gap-Up opening sustain Below 39200 and and taking resistance below 39200 then the open Targets for T1-39000,T2-38800,T3-38600
Major Levels 39500,39600,39400
14/03/2023 BANKNIFTY SUPPORT AND RESISTANCE ZONEHello Guys,
Good Morning everyone,
According to the data today market Gap-Up is going to open
After A Gap-Up opening if Banknifty sustain Above 39600 and taking Support from 39600 then open target for T1-39800,T2-40000,T3-40200
If the Banknifty after a Gap-Up opening sustain Below 39500 and and taking resistance below 39500 then the open Targets for T1-39300,T2-39100,T3-39000
Major Levels 39500,39600,39400