28/11/2022 BANKNIFTY SUPPORT AND RESISTANCE ZONEHello Guys,
Good Morning Everyone,
According to the data the Banknifty is going to open gap down today
If Banknifty opens gap down and sustains below last low then open target 42750 - 42550
And Another thing after gap down opening if banknifty taking support near by last day low and sustain above 43000 then open target 43200 - 43400
Major Level 42800, 43000, 42500
Bankniftylevels
Bank Nifty Levels & Strategy for 28/Nov/2022Dear traders, I have identified chart levels based on my analysis, major support & resistance levels. Please note that I am not a SEBI registered member. Information shared by me here for educational purpose only. Please don’t trust me or anyone for trading/investment purpose as it may lead to financial losses. Focus on learning, how to fish, trust on your own trading skills and please do consult your financial advisor before trading.
BANK NIFTY
Profit booking near lifetime high pushed Bank Nifty in red. Shorts are build up in ATM/OTM/ITM calls as well as puts which is indicating sideways move. Retails traders should wait patiently for range breakout/short covering in either direction. Important Note: Big players are short on index & retails traders are highly bullish. We must hedge our positions without fail to handle any surprise move. Please find below scorecard, PCR update & options statistics for your reference:
BANK NIFTY SCORECARD DATED 25/NOV/2022
BANK NIFTY IS DOWN BY -91 POINTS
Name Price Previous Day Change % Change
Bank Nifty 42984 43075 -91.45 -0.21%
India VIX 13.33 13.48 -0.14 -1.08%
OPTION STATISTICS BASED ON 01/DEC/2022 EXPIRY DATA
Max OI (Calls) 43000 (Open Interest: 4563025, CE LTP: 269)
Max OI (Puts) 43000 (Open Interest: 3078775, PE LTP: 206.6)
PCR 0.8 (PCR is in bearish zone)
Bank Nifty Calls:
ATM: Short Buildup, OTM:Short Buildup, ITM:Short Buildup, FAR OTM:Short Buildup
Bank Nifty Puts:
ATM: Short Buildup, OTM:Short Buildup, ITM:Short Buildup, FAR OTM:Short Buildup
25/11/2022 BANKNIFTY SUPPORT AND RESISTANCE ZONEHello Guys,
Good Morning Everyone,
May be today's market going to open flat
After opening flat, the market can move up by taking support around 43000-42900.
If support is taken near 43000 then target can be opened 43300 43400
If banknifty breaks 42900 then we can open target till 42650 on the downside
Major level 42900 , 43000
Tomorrow banknifty levels We can see a very good breakout of trend which banknifty follow from last 4-5 days with great buying..
And nifty also break the strong resistance and made a good high with breakout of its trend. For our side we can see a good buying in both index .
Buy banknifty above 43000
Target 43163 43250 43500
Sl 42980
Sell Banknifty below 42980
Target 42855 42741 42669
Sl 43000
BankNifty Key Levels and Zones For Intraday [25th Nov 2022]Banknifty is relatively stronger than Nifty.
BankNifty has immediate support at around 43000 followed by 42850. The next support is near 42680.
The intraday trend is bullish, however below 42700 trends may reverse.
For the time buy on dips is what you look for.
Pin Point Predictions Of bank Nifty For 25-11-22Hello Traders,
This posted charts shows the predictions of price action happened today. For more details you can check below. What is going to happen tomorrow is also explained in detail. You would find easy in your trading if implement this information.
Yogesh Vats
24/11/2022 BANKNIFTY SUPPORT AND RESISTANCE ZONEHello Guys,
Good Morning everyone,
Gap market is about to open even today, just have to see how big it is getting
A good retracement can be seen today after gap up
If today market sustains by opening above yesterday's HH then open target for 43000-43200
And if the gap opens and breaks the low of 15 minutes, then it can go towards retracement, then open target 42500.
Pin Point Prediction Of Bank Nifty For 24-11-22Hello Traders,
Three days back this marking of bank nifty shared for trades. You can see how exact information was shared , price action on these levels speaks itself. To know more details check below. This way you will find your trading easy and well informed before any move.
Yogesh vats
23/11/2022 BANKNIFTY SUPPORT AND RESISTANCE ZONEHello Guys,
Good Morning Everyone,
As per data market will open with gap up.
As of now 42200 seems to be a major support and till the time the market stays above it we will keep positive view
If the market sustains above 42500 by opening gap today, then you can open 42800 talk target.
If today the market remains below 42500, then a range day can be seen today.
Major resistance 42000,42200,42500
Bank Nifty Level & Strategy for 23/Nov/2022Dear traders, I have identified chart levels based on my analysis, major support & resistance levels. Please note that I am not a SEBI registered member. Information shared by me here for educational purpose only. Please don’t trust me or anyone for trading/investment purpose as it may lead to financial losses. Focus on learning, how to fish, trust on your own trading skills and please do consult your financial advisor before trading.
BANK NIFTY
Bank Nifty continued to trade in small range. Big players have significantly reduced their long as well as short positions. F&O action - new longs & short covering in calls & put writing (ATM/OTM, ITM) is indicating strength in Bank Nifty. Overall, Bulls Vs Bears positions with positive bias are pretty much balanced with highest OI in CE & PE at 42500. However, we should continue to book profit at higher level.
Please find below scorecard, PCR update & options statistics for your reference:
BANK NIFTY SCORECARD DATED 22/NOV/2022
BANK NIFTY IS UP BY 111 POINTS
Name Price Previous Day Change % Change
Bank Nifty 42457 42347 110.50 0.26%
India VIX 13.84 14.80 -0.95 -6.45%
OPTION STATISTICS BASED ON 24/NOV/2022 EXPIRY DATA
Max OI (Calls) 42500 (Open Interest: 3873475, CE LTP: 157.55)
Max OI (Puts) 42500 (Open Interest: 2449875, PE LTP: 150)
PCR 1.07 (PCR is in sideways to mild bullish zone)
Bank Nifty Calls:
ATM: Long Buildup, OTM:Short Buildup, ITM:Short covering, FAR OTM:Long Liquidation
Bank Nifty Puts:
ATM: Short Buildup, OTM:Short Buildup, ITM:Short Buildup, FAR OTM:Short Buildup
21/11/2022 BANKNIFTY SUPPORT AND RESISTANCE ZONEHello Guys ,
Good Morning Everyone
According to the data, 42350 - 42400 level is visible as a major support.
If gap down opens and breaks 42350 level, then the next level will be from 42100 to 42000.
And another thing is today market opens below 42350 and breaks last day high by making 42350 as support, then open target for 42800
18/11/2022 BANKNIFTY SUPPORT AND RESISTANCE ZONEHello Guys ,
Good Morning Everyone,
This week the market has been completely silent. And yesterday also as it was said that 42400
Above all, plan for buying. If you look at the market of the past, still the progress of selling is not visible. Right now we have two ways.
*Mark this week's high and low and wait for breakout and break down, then take entry
*Scalping the other way target 200 points like we did yesterday in our paid group
* Major level 42400,42600,
Bank Nifty Levels & Strategy for 18/Nov/2022Dear traders, I have identified chart levels based on my analysis, major support & resistance levels. Please note that I am not a SEBI registered member. Information shared by me here for educational purpose only. Please don’t trust me or anyone for trading/investment purpose as it may lead to financial losses. Focus on learning, how to fish, trust on your own trading skills and please do consult your financial advisor before trading.
BANK NIFTY
Bank Nifty has again hit new lifetime high. Big players are managing index at higher levels and profit booking is going on in stock & also at higher level in indices. Big players have turned neutral and option writers are making good money. Option buyers should stay away and get into trade only when volatility rises and market picks-up the momentum.
Please find below scorecard, PCR update & options statistics for your reference:
BANK NIFTY SCORECARD DATED 17/NOV/2022
BANK NIFTY IS DOWN BY -77 POINTS
Name Price Previous Day Change % Change
Bank Nifty 42458 42535 -77.25 -0.18%
India VIX 14.88 15.10 -0.22 -1.47%
OPTION STATISTICS BASED ON 24/NOV/2022 EXPIRY DATA
Max OI (Calls) 42500 (Open Interest: 1760750, CE LTP: 335.05)
Max OI (Puts) 42000 (Open Interest: 1675700, PE LTP: 163)
PCR 1 (PCR is in sideways zone )
Bank Nifty Calls:
ATM: Short Buildup, OTM:Short Buildup, ITM:Long Liquidation, FAR OTM:Short Buildup
Bank Nifty Puts:
ATM: Short Buildup, OTM:Short Buildup, ITM:Long Buildup, FAR OTM:Short Buildup