Bankniftylevels
BANKNIFTY | Also in a good downtrend.If you find this technical analysis useful, please like & share our ideas with the community.
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Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
Important levels foe BANKNIFTY FUTURES 16.02.2022Dear All,
Chart has all the required levels for trades to be executed on 16.02.2022
There are 2 ways I see to this trade:
1: BNF opens gap up. fills the gap and falls down due to profit booking
2: BNF opens gap up, falls down due to profit booking and the moves upward filling the gap
*** A rare out come: opens gap down and then fills the gap ***
For option traders use ATM strike price
Thanks & Regards
Your feedback is highly appreciated
Banknifty weekly support resistance In previous week closing banknifty managed to close above 38500 level which is a good sign for up move.
But due to weak global sentiments and some negative news in banking sector we may see weakness.
in last session market open gap down due to FED meeting news.
In the chart i have mentioned key level for next weak.
Keep those levels in mind and trade accordingly.
BANKNIFTY spot levels for 04.02.2022Dear All,
The important spot levels have been marked for 04.02.2022
Also a reference point has been marked which can help understand the movement in tomorrows trade.
Use the reference points and initiate your trades carefully.
Your feedback is highly appreciated.
Thanks & Regards,
BANK NIFTY -03/02/2022 REPORT Hello Traders,
BANK-NIFTY@03/02/2022
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opened as a gap down ,below PDH. Market took support at IMP and went to PDH then reversed .Finally Market was closed near S@2
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