Bank nifty levels Hello Traders,
We saw a blood bath on banking index on Wednesday. Bank nifty fell more than 1000 points. We had alerted this preciously. we had anticipated the same earlier, details already explained
For bank nifty 41500 is an important support and it is not so easy for the index to break. I am expecting some bounce back towards 42300 level. We have multiple resistances but 41900 & 42300 is going to play very crucial.
Any way if we break 41500 then this will open doors for further downside.
Bankniftylevels
25/01/2023 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 428000 and taking support from 428000 then open target for T1-43000,T2-43200,T3-43300
If the Banknifty after a Gap up opening sustain below last day low 42600 and making resistance below 42500 then the open Targets for T1-42400,T2-42200,T3-42000
Major Levels 42800,42500,43000
Level for expiry day Hello Traders,
As expected, we faced resistance at 43000 and there was a profit booking of nearly 400 points upon it failed to hold above 43000.
In an hourly time frame its looking like index was re-testing the breakout and there is an upside possible till index holding above todays low i.e., 42620 but 42850 & 42900 range can act as very important resistance. If index reversing back and breaking 42620 then we may see a good down fall.
Have a profitable monthly expiry.
Thanks for watching!
24/01/2023 BANKNIFTY SUPPORT AND RESISTANCE ZONEHello Guys,
Good Morning Everyone,
According to the data today market Gapup is going to open
After A Gapup openaning if Banknifty sustain last day high above 430000 and taking support from 430000 then open target for T1-43200,T2-43400,T3-43500
If the Banknifty after a Gapup opening sustain below last day low 42700 and making resistance below 42700 then the open Traget for T1-42500,T2-42300,T3-42000
Major Levels 42700,42500,43000
Banknifty Accending Expanding TriangleBanknifty Accending Expanding Triangle
This is a sign of Neutral pattern
its Making HH and LL which stands Higher High and Lower Low
when it touch upper side its must go down (Probability 95%)
when it touch Lower side its must go Up (Probability 95%)
"Don't Take One More Trade "... story of a successful trader.
23/01/2023 BANKNIFTY SUPPORT AND RESISTANCE ZONEHello Guys,
Good Morning Everyone,
According to the data today market Flat is going to open
After A Flat openaning if Banknifty sustain last day high above 42700 and taking support from 42700 then open target for T1-42900,T2-43000,T3-43200
If the Banknifty after a Flat opening make not sustain below 42400 and making resistance below 42400 then the open Traget for T1-42300,T2-42100,T3-42000
Mark 18th Jan high and low for best breakout and break down entry
Major Levels 42700,42500,42400
BANKNIFTY : 20th JanBANKNIFTY trading in one range on 15 min chart. Seems its going to touch support zone.
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
First Learn and then remove "L" with small SL
20/01/2023 BANKNIFTY SUPPORT AND RESISTANCE ZONEHello Guys,
Good Morning Everyone,
According to the data today market Flat is going to open
After A Flat openaning if Banknifty sustain above 42500 and taking support from 42500 then open target for T1-42700,T2-42900,T3-43100
If the Banknifty after a Flat opening make not sustain below 42100 and making resistance below 42100 then the open Traget for T1-41800,T2-41600,T3-41500
Mark 18th Jan high and low for best breakout and break down entry
Major Levels 42200,42000,42500
19/01/2023 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 openaning if Banknifty sustain above 42400 and taking support from 42400 then open target for T1-42600,T2-42800,T3-43000
If the Banknifty after a gap-Down opening make not sustain below 42200 and making resistance below 420000 then the open Traget for T1-41800,T2-41600,T3-41500
Major Levels 42200,42000,42400
Bank Nifty Analysis for 19/01/2023On 15 min time frame bank nifty has made flag and pole pattern upside breakout and sustains then can give good move upto 42700 / 42900 / 43000 , downside break down below 42300 can come to test 42000 / 41900
this is for educational purpose no recommendation do your analysis
18/01/2023 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 openaning if Banknifty sustain above last day above 42400 and taking support from 42400 then open target for T1-42600,T2-42800,T3-43000
If the Banknifty after a gap-up opening make not sustain above 42400 and making resistance below 420000 then the open Traget for T1-41800,T2-41600,T3-41500
Major Levels 42200,42000,42400
BANKNIFTY BULLISH 17/01/2023💚💚💚HELLO JI,
-----------------------------------------------------------------------
Today i make some few money.
For tomorrow BANKNIFTY maybe bullish.
Bank break lower low levels.
Here support and Resistance Levels are Drown
maybe help you.
jay Jagannathan🙏🙏🙏
-----------------------------------------------------------------------