[INTRADAY] #BANKNIFTY PE & CE Levels(28/12/2023) Today will be gap up opening in BANKNIFTY . After opening if banknifty sustain above 48550 level then possible upside rally of 400-500 points upto 48950 level & this rally can extend another 400 points if market gives breakout 49050 Level. Any Major downside only expected in case banknifty starts trading below 48450 level.
Bankniftyprediction
BankNifty should retrace into this Weekly Demand
Whenever the Price deviates up from the Moving Average, Price either falls to the EMA or the EMA moves up top the Price,
We here see a Fresh Weekly Demand formed which has exceeded the opposite Supply hence a Valid Demand.
Price has formed a Daily Supply which has exceeded its opposite Demand hence a Valid Source for a Downtrend,
This is the Supply to Demand Equilibrium Curve, showing the odds of long and short positions.
One can short after a downward confirmation in 30 mins/1H
[INTRADAY] #BANKNIFTY PE & CE Levels(18/12/2023) Today will be gap up opening in BANKNIFTY . After opening if banknifty sustain above 48050 level then possible upside rally of 400-500 points upto 48450 Level & this rally can extend another 400 point if market gives breakout 48550 level. Any Major downside only expected in case banknifty starts trading below 47950 level. also possible Reversal Downside 48450 level.
[INTRADAY] #BANKNIFTY PE & CE Levels(15/12/2023) Today will be gap down opening in BANKNIFTY . After opening if banknifty start trading below 47450 level then possible downside rally of 400-500 points upto 47050 Level. Any Major upside only expected in case banknifty starts trading above 47550 level & this rally can extend another 400 points if market gives breakout 48050 level.
[INTRADAY] #BANKNIFTY PE & CE Levels(14/12/2023) Today will be gap up opening in BANKNIFTY . After opening if banknifty sustain above 47050 level then possible upside rally of 400-500 points upto 47450 Level & this rally can extend another 400 point if market gives breakout 47550 level. Any Major downside only expected in case banknifty starts trading below 46950 level.
14 DEC 2023 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 47400 and takes Support from 47500 then open target for T1-47700, T2-47800,T3-48000
If the Banknifty flat opening sustains Below 47000 and takes resistance below 46800 then the open Targets for T1-46700, T2-46600,T3-46500
Major Levels 47000,47500,46800
If the market stands in this area of 47400 to 47200 then it is possible that even today the market will remain in the range.
12 DEC 2023 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 47500 and takes Support from 47500 then open target for T1-47700, T2-47800,T3-48000
If the Banknifty flat opening sustains Below 47100 and takes resistance below 47000 then the open Targets for T1-46800, T2-46700,T3-46500
Major Levels 47000,47500,46800
If the market stands in this area of 47200 to 47000 then it is possible that even today the market will remain in the range.
11 DEC 2023 BANKNIFTY SUPPORT AND RESISTANCE LEVELSHello Guys,
Good Morning everyone,
According to the data today market is going to open flat
After A flat opening if Banknifty sustains Above 47200 and takes Support from 47200 then open target for T1-47300, T2-47400,T3-47600
If the Banknifty flat opening sustains Below 46500 and takes resistance below 46500 then the open Targets for T1-46400, T2-46300,T3-46100
Major Levels 47000,47200,46800
If the market stands in this area of 47200 to 47000 then it is possible that even today the market will remain in the range.
Banknifty: Bullishness to continue?Bullish movement continues on tuesday as well for banks.
So what now?
Even though banknifty had an intraday retracement, but the index help up very well throughout the session.
We are expecting Banknifty to expire above 44500 for tomorrow expiry.
Aggressive players can aim for an exipry above 44700 but abovre 44500 is a conservative expiry target.
Simple and true to the basics as always
06 DEC 2023 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 47100 and takes Support from 47200 then open target for T1-47300, T2-47400,T3-47600
If the Banknifty Gap up opening sustains Below 46800 and takes resistance below 46800 then the open Targets for T1-46700, T2-46600,T3-46500
Major Levels 465000,47000,47200
If the market stands in this area of 46800 to 47000 then it is possible that even today the market will remain in the range.
04 DEC 2023 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 45000 and takes Support from 45000 then open target for T1-45200, T2-45300,T3-45500
If the Banknifty Gap up opening sustains Below 44700 and takes resistance below 44700 then the open Targets for T1-44600, T2-44500,T3-44400
Major Levels 45000,44800,45200
If the market stands in this area of 45200 to 45000 then it is possible that even today the market will remain in the range.
[INTRADAY] #BANKNIFTY PE & CE Levels(30/11/2023) Today will be gap up opening in BANKNIFTY . After opening if banknifty sustain above 44550 level then possible upside rally of 400-500 points upto 44950 Level.And this rally can extend for another 400 points if it gives breakout of 45050 level. Any Major downside only expected in case banknifty starts trading below 44450 level.
[INTRADAY] #BANKNIFTY PE & CE Levels(29/11/2023) Today will be gap up opening in BANKNIFTY . After opening if banknifty sustain above 44050 level then possible upside rally of 400-500 points upto 44450 Level. And this rally can extend for another 400 points if it gives breakout of 44550 level. Any Major downside only expected in case banknifty starts trading below 43950 level.
BANKNIFTY--Inverse Head and Shoulders Pattern??If tomorrow price unable to breaks 43200 levels...results in a formation of Head, so tomorrow momentum is important for us to go bullish or bearish in Bank nifty
so wait for the price to comes back to the neckline and gives us some pullback to Right shoulder then will go for long again in Bank nifty ….until keep in watch mode...
bottom side we have a bullish gap left at 42900 levels. If opens down we have a chance of rise from that levels...
23 NOV 2023 BANKNIFTY SUPPORT AND RESISTANCE LEVELSHello Guys,
Good Morning everyone,
According to the data today market is going to open a gap down
After A gap down opening if Banknifty sustains Above 43600 and takes Support from 43700 then open target for T1-43900, T2-44000,T3-44200
If the Banknifty gap down opening sustains Below 43500 and takes resistance below 43500 then the open Targets for T1-43400, T2-43300,T3-43100
Major Levels 43500,43600,43700
If the market stands in this area of 43500 to 43700 then it is possible that even today the market will remain in the range.