Banknifty 35000 or 37000Long range view
Banknifty has given bearish breakdown and target of this breakdown will be 35000.
Closing below 35000 will activate further target.
On the flip side one day closing above 37000 will be a bullish sign.
Bankniftylevels
Key levels for Bank NiftyHere, I have provided key levels for Banknifty . These can act as support or resistance.
Disclaimer: This is for educational purpose only. Any buy or sell is not recommended. Please do paper trading before entering into market.
Banknifty Demand and Supply zoneBanknifty 15 min time frame.
36000 to 36150 is demand zone
Breaking below 35900 will reject demand and further correction can continue
37250 to 37350 is supply zone
Breaking above 37500 will active fresh demand and supply will reject.
Key levels for Bank NiftyHere, I have provided key levels for Bank Nifty. These can act as support or resistance. Since we have volatility contraction (sideways all day) today, we can expect big move in any direction in next trading day(21st April 2022).
Disclaimer: This is for educational purpose only. Any buy or sell is not recommended. Please do paper trading before entering into market.
Banknifty for 21 April 2022Today's Price Action
Opened slight gap-up.
Resisted at previous support turned resistance .
Traded within the range of the previous candle.
Support at 35530-35410
Further Resistance at 36920 - 37050.
Price action still looks weak, chances are still high that we could see further sell-off to the next support levels.
Recovery can come only if the price opens above or sustains above 36500 levels.
Banknifty Keep it simpleBanknifty rangebound area is 36000 to 37200.
On daily chart
Closing below 36000 target 35000
On the flip side
Closing above 37200 target 38000.
#banknifty
BANKNIFTY Levels for 20 April 2022
Banknifty opened a slight gap up.
Tried to hold the support mentioned in the previous posts( refer to the linked post)
Weakness started to creep in post 2:00 P.M and the support was broken aggressively.
Now What's for tomorrow.
Considering today's price action, we can see further sell-off tomorrow up till the next support levels i.e. 35540- 35400
Resistance at 36800- 36900
Expecting high volatility tomorrow, considering the wide Support and Resistance Range - 36900 to 35400.
Banknifty all important levels till expiryBreaking above 38000 it is bullish
Breaking below 37000 is bearish
1000 points range
Banknifty important levels Important support 37400
Resistance 38500.
1200 points target after this range breakout either side.
Banknifty Setup For Monday 28-03-22Intraday support 35400,
Intraday resistance 35700.
150 to 200 points target after breaking this range (35400 - 35700)
Further levels are mentioned in the chart.
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Banknifty bull flag breakout for WednesdyOn hourly time frame banknifty has given bull flag breakout.
This is bullish pattern breakout and we can see higher level in the index near future.
A day closing above 36000 will take banknifty till 36800.
Banknifty Setup For Tuesday 29/03/2022During the session banknifty made strong come back from bottom and closed above morning high.
On the daily time frame the index made a hammer candle which is bullish sigh.
Banknifty components are doing great and strong traction is visible.
Trading setup
Buy above 35770
Target 1 - 35900
Target 2 - 36030
Target 3 - 36160
Sell below 35470
Target 1 - 35350
Target 2 - 35210
Target 3 - 35030
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Stay tuned for intraday update.
Bank nifty setup for 29/03/2022Bank nifty has given a big up and down movement today.
On 4 hour time frame, market has closed above the 20 ema.
India vix was down today and market are green after a sudden downfall in the morning.
There is a bullish momentum in the market.
Resistance :- 35800, 35930-40, 36130
Support :- 35630, 35450-35500.
Wait for the candlestick pattern to form near the levels before entering the trade.
BANKNIFTY : Analysis for 24th MarBANKNIFTY respected our levels dot to dot. ccheck yesterday's Analysis
today BN trade under one range in second half. Its very important to cross that resistance to back in bulls control
BANKNIFTY levels are available on chart
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Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Please consult with your Financial advisor before trading or investing
BANK NIFTY TARGET FOR 22/03/2022#Banknifty target for the day will be, 37744.80. There is a Buy Signal on Spartan AI, and it seems #BankNifty can hit, 37744.80 by the day end.
BANKNIFTY : Intraday levelsBANKNIFTY recovery in 2nd half yesterday. and very well respected our support / resistance
Now its near critical resistance. it needs to break today
Levels are marked on chart
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Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Please consult with your Financial advisor before trading or investing
Banknifty setup for Wednesday 23-03-22During the day we have seen 900 points recovery from bottom and 348 points above closing from previous closing.
This sharp rally is a sign of strength
Trading setup
Buy above 36660
target 1 - 36820
Target 2 - 36950
Sell below 36300
Target 1 - 36180
target 2 - 36040
next move till 37800 aroundbank nifty next move till 37800++ even more positive .players book hand some profit ..for next dm me
Banknifty chart setup for Monday 21/3In last 2 previous sessions there was huge gap up and it was total 1500 points move in just two days.
Based on above chart resistance is placed at 36700 followed by 37000
When banknifty will close above 37000 resistance further up move will open.
On the flip side 35880 will act as a support.
Breaking below 38500 we can see 35080 level near future.
How to trade banknifty on coming days?
Buy above 36720
Target 1 - 36880
Target 2 - 37050
Sell below 36200
Target 1 - 36000
Target 2 - 35880
How to trade Banknifty expiry on 17-03-2022This is detailed chart of banknifty.
Immediate support is placed at 35440.
Immediate resistance is placed at 35800.
Buy above resistance, sell below support.
Based on price action one can buy near support and sell near resistance
A reversal candle will be helpful to initiate trade.
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#bankniftyexpiry
Banknifty setup for Wednesday 16-03-22In previous session banknifty made a shooting star candle near resistance and corrected 850 points from top.
I have mentioned all the intraday levels in the chart itself.
Go through it and share with your friends.
Trading setup explanation
Buy above 35200
Target - 34430, 34636
Sell below 34700
Target - 34500, 34330
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Bank nifty unexpected support Bank nifty have a pattern of SNR C2 a strong support on corona fall expecting s new hogh on coming trading days
BANKNIFTY - Important levelsImportant levels have been marked for for 15.03.2022
Read through the chart carefully and use the mentioned levels in your trades in the right way.
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