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Bankniftylevels

BANKNIFTY--Head & Shoulders Pattern??I am sharing the important levels of Support and Resistance. These levels play a crucial role in trading decisions, as they act as reliable markers of price movements. ------>>Support levels are price points where an asset tends to find buying interest, preventing it from falling further. ---->Resistance levels, on the other hand, are points where selling pressure typically prevents the asset from rising higher. If price breaks the support, we have a chance of filling the bullish gap, soo keep in shortside until it touches bullish gap and keep in short side until price is below right shoulder,if opens GapDown look for short when it comes back to right shoulder. Take a look at these levels and trade accordingly. Recognizing and respecting these support and resistance levels can help traders make informed decisions and manage risk effectively. They serve as key reference points for technical analysis and are vital tools in successful trading strategies. Trade safe...Thank you guys for your support
NSE:BANKNIFTY
by IIT-Trader
1
16 SEPT 2023 BANKNIFTY SUPPORT AND RESISTANCE LEVELSHello Guys, Good Morning everyone, According to the data today market is going to open a gap up After A Gap-up opening if Banknifty sustains Above 48000 and takes Support from 48100 then open target for T1-48200, T2-48400,T3-48600 If the Banknifty Gap-up opening sustains Below 48000 and takes resistance below 48000 then the open Targets for T1-47800, T2-47700,T3-47600 Major Levels 48000,48200,47800 If the market stands in this area of 48000 to 48200, then it is possible that even today the market will remain in the range.
NSE:BANKNIFTY
by mr_bull10
15 SEPT 2023 BANKNIFTY SUPPORT AND RESISTANCE LEVELSHello Guys, Good Morning everyone, According to the data today market is going to open a gap up After A Gap-up opening if Banknifty sustains Above 47800 and takes Support from 47800 then open target for T1-48000, T2-48100,T3-48200 If the Banknifty Gap-up opening sustains Below 47500 and takes resistance below 47500 then the open Targets for T1-47400, T2-47300,T3-47200 Major Levels 47500,47600,48000 If the market stands in this area of 47800 to 48000, then it is possible that even today the market will remain in the range.
NSE:BANKNIFTY
by mr_bull10
12 SEPT 2023 BANKNIFTY SUPPORT AND RESISTANCE LEVELSHello Guys, Good Morning everyone, According to the data today market is going to open a gap up After A Gap-up opening if Banknifty sustains Above 47500 and takes Support from 47600 then open target for T1-47800, T2-47900,T3-48000 If the Banknifty Gap-up opening sustains Below 47200 and takes resistance below 47000 then the open Targets for T1-46800, T2-46700,T3-46500 Major Levels 47500,47600,47200 If the market stands in this area of 47800 to 47600, then it is possible that even today the market will remain in the range.
NSE:BANKNIFTY
by mr_bull10
10 JAN 2024 BANKNIFTY SUPPORT AND RESISTANCE LEVELSHello Guys, Good Morning everyone, According to the data today market is going to open gap down After A gap down opening if Banknifty sustains Above 47200 and takes Support from 47200 then open target for T1-47300, T2-47400,T3-47600 If the Banknifty gap down opening sustains Below 47000 and takes resistance below 47000 then the open Targets for T1-46800, T2-46700,T3-46500 Major Levels 47000,47200,46800 If the market stands in this area of 47000 to 47200 then it is possible that even today the market will remain in the range.
NSE:BANKNIFTY
by mr_bull10
BANKNIFTY--Consolidation or Bullish ??BANKNIFTY is rejected from the main channel and fall happens... we have detected a break below the secondary channel as well. If tomorrow price opens gap down or consolidation happens below 47400-47000 levels then liquidity will be clear on bottom side @47000 levels. If tomorrow again opens up and we have a chance of continuation to upside for the retest of secondary channel and may fall back again. Price is slowly creating a down ward channel, keep safe from these levels. Rarely, If consolidation happens above the secondary channel then it will again test ATH levels..
NSE:BANKNIFTY
by IIT-Trader
1
BANKNIFTY--Consolidation or Bearish??BANKNIFTY broken the bullish channel downside, if tomorrow price opens gap up or bullish, keep looking for short side. if price comes back to 48400 levels, look for short. Lot of liquidity is lies below 47000 levels... this time price clears the liquidity on bottom side and then tries to be bullish again. wait until it comes to these levels and observe a rejection from the channel... careful before going long.. If we observe again a consolidation on topside...another bullishness is going to observe soon.
NSE:BANKNIFTY
by IIT-Trader
3
5 JAN 2024 BANKNIFTY SUPPORT AND RESISTANCE LEVELSHello Guys, Good Morning everyone, According to the data today market is going to open gap up After A gap up opening if Banknifty sustains Above 48400 and takes Support from 48400 then open target for T1-48500, T2-48600,T3-48700 If the Banknifty gap up opening sustains Below 48000 and takes resistance below 48000 then the open Targets for T1-47800, T2-47700,T3-47600 Major Levels 48000,48200,48400 If the market stands in this area of 48200 to 48400 then it is possible that even today the market will remain in the range.
NSE:BANKNIFTY
by mr_bull10
BANKNIFTY: SYMMETRICAL WEDGENSE:BANKNIFTY has made Symmetrical wedge. After the fall in 15 mins chart on 2nd Jan 2024 NSE:BANKNIFTY has formed symmetrical triangle where there is a possibility of breakout. I have given Target and stoploss and reasoning of the target on the chart itself. One should wait for the breakout to happen and then closing of candle above the breakout. If the breakout is in downside direction that is by breaking of upward sloping lower bound then the distance between low and high of the wedge will be the target but on the downside.
NSE:BANKNIFTYLong
by VanshikaUdeshi
2
4 JAN 2024 BANKNIFTY SUPPORT AND RESISTANCE LEVELSHello Guys, Good Morning everyone, According to the data today market is going to open gap down After A gap down opening if Banknifty sustains Above 47800 and takes Support from 47800 then open target for T1-47900, T2-48000,T3-48100 If the Banknifty gap down opening sustains Below 47500 and takes resistance below 47500 then the open Targets for T1-47300, T2-47200,T3-47000 Major Levels 47500,47600,47800 If the market stands in this area of 47800 to 47600 then it is possible that even today the market will remain in the range.
NSE:BANKNIFTY
by mr_bull10
3 JAN 2024 BANKNIFTY SUPPORT AND RESISTANCE LEVELSHello Guys, Good Morning everyone, According to the data today market is going to open gap down After A gap down opening if Banknifty sustains Above 47600 and takes Support from 47600 then open target for T1-47800, T2-47900,T3-48100 If the Banknifty gap down opening sustains Below 47500 and takes resistance below 47500 then the open Targets for T1-47300, T2-47200,T3-47000 Major Levels 47500,47600,47200 If the market stands in this area of 47400 to 47600 then it is possible that even today the market will remain in the range.
NSE:BANKNIFTYShort
by mr_bull10