BANKNIFTY--Retracement or Reversal ??Observations::
After a gap up opening price is reversed immediately....
can we consider this as a buyers exhaustion...
The previous bearish gap is resisting the price to go down...
if this failed we have an immediate support in the form of resistance acts as support...
previous multiple times that price got rejected from the same zone can push the price up...
until these zones failed to acts as support, then only will go for short side...
if todays bearish move is a retracement, then tomorrow we will observe a bullish momentum again..
if it is a bearish sign, resistances failed to acts as support a strong fall is going to observe...
If today's move is strong bearish and again rejects from top will be on bearish side up to...45100 levels.
Yesterday A strong bullish move is initiated to exit all the long positions...
then it will be fall again...
we will see what happens in the live market...
Bankniftytomorrow
BANKNIFTY/NIFTY ANALYSIS FOR WEDNESDAY 19TH JULY-FOR EDUCATION PBANKNIFTY/NIFTY ANALYSIS FOR WEDNESDAY 19TH JULY-FOR EDUCATION PURPOSE
This video is for educational purpose and my personal view . We are NOT SEBI registered Advisor, we only give the level on our practical trading experience. Kindly take the trade according to your risk and reward position and consulting your advisor. It is advisable to take the advice of SEBI registered advisor.
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BANKNIFTY Analysisobservations::
price again proven that a sign of bearishness....
Price broken our POI for sell,moving slowly to the upside...
broken the trendline..in smaller time frame and fall back...no oppurtunity to enter long...
today we have a major trendline if this trendline again acts as resistance...it will again fall back..
the big red candle is pushing the price little up...
An decending triangle is formed....which is also a sign of bullishness from the previous resistance level...
without knowing we cannot take entry on buy side...
will wait for trendline break and retest....to go long from resistance acts as support.
BANKNIFTY/NIFTY ANALYSIS FOR WEDNESDAY 12TH JULY-FOR EDUCATION PBANKNIFTY/NIFTY ANALYSIS FOR WEDNESDAY 12TH JULY-FOR EDUCATION PURPOSE
This video is for educational purpose and my personal view . We are NOT SEBI registered Advisor, we only give the level on our practical trading experience. Kindly take the trade according to your risk and reward position and consulting your advisor.
@vijayanjum
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BANKNIFTY ANALYSIS FOR MONDAY 3RD JULY -FOR EDUCATION PURPOSEBANKNIFTY ANALYSIS FOR MONDAY 3RD JULY -FOR EDUCATION PURPOSE
BANK NIFTY:-
MONTHLY:-
If BankNifty sustain the level of 45000 ,then 46500 highest level can be achieved.
If BankNifty break down 44500 spend time below then 43800-42700
WEEKLY:-
If BankNifty sustain the level of 44750 then 45200-45500 level can be achieved.
If BankNifty break down 44750 spend time below then 44200-44000
DAILY:-
If BankNifty sustain the level of 44700 ,then 44850-45000-45050.
If BankNifty break down 44700 spend time below then 44650-44550-44450-44350
This video is for educational purpose and my personal view . We are NOT SEBI registered Advisor, we only give the level on our practical trading experience. Kindly take the trade according to your risk and reward position and consulting your advisor.
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IDEA on BNF for Monday, 26th June based on Pure Price Action.Trade Levels on Banknifty for Monday Intraday and the next week.
--> Above Friday's high, minimum target will be of 100-150 points, then if further 44050 breaks, BNF will test its ATH. (High Probability)
--> Below Friday's low, minimum target will be of 100 points, then if further 43345 breaks, BNF will fall like a knife. (Low Probability)
For regular updates, don't forget to follow.
BANKNIFTY/NIFTY ANALYSIS FOR FRIDAY 16TH JUNE-FOR EDUCATION PURPBANKNIFTY/NIFTY ANALYSIS FOR FRIDAY 16TH JUNE-FOR EDUCATION PURPOSE
BANK NIFTY:-
If BankNifty sustain the level of 43500 break 43550,then 43550-43650-43750-43850 level can be achieved.
If BankNifty break down 43500 and break 43400 spend time below then 43350-43250-43150
NIFTY:-
If Nifty sustain the level of 18700 and break 18725 then 18750-18775-18000 level can be achieved.
If Nifty break down 18700 and break 18650 then 18625-18600-18575.
This video is for educational purpose and my personal view . We are NOT SEBI registered Advisor, we only give the level on our practical trading experience. Kindly take the trade according to your risk and reward position and consulting your advisor.
#stockmarkets
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#tommorrowMarketPrediction
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BANKNIFTY--Gap Down or Gap Up ??observations::
After a strong fall price is in consolidation,
price is in a range more than two days and today witnessed a pullback is observed...
If it is a pullback, tomorrow we will observe a bearishness again....
If we see still the strong supply zone is located at 44300 levels..
If tomorrow price opens gap up and showing bullish pressure will be on buyside until 44300-44350 levels
if the supply zone @44200-44160 range acts as support price will again touch ATH.
If price opens, Gap down, we will look at 43700 area for buy side.. where previously gap up is observed
If price is showing strong bullish pressure @ this level will go for buy on pullback.
After Gap down, no buying pressure and again showing consolidation...
will be on sell side for targets of 43400 levels.
and we will look for buyside at 43400 levels.
If price again Strong bullish from bullish gap levels...and moving above levels..
will be on buyside until the supply zone..@44300-44350.
BANKNIFTY/NIFTY ANALYSIS FOR THURSDAY 15TH JUNE-FOR EDUCATION PUBANKNIFTY/NIFTY ANALYSIS FOR THURSDAY 15TH JUNE-FOR EDUCATION PURPOSE
BANK NIFTY:-
If BankNifty sustain the level of 43950 break 44050,44150-44250-44300 level can be achieved.
If BankNifty break down 43950 and break 43900 spend time below then 43850-43750-43650
NIFTY:-
If Nifty sustain the level of 18750 and break 18775 then 18800-18825 level can be achieved.
If Nifty break down 18750 and break 18725 then 18700-18675-18600.
This video is for educational purpose and my personal view . We are NOT SEBI registered Advisor, we only give the level on our practical trading experience. Kindly take the trade according to your risk and reward position and consulting your advisor.
#stockmarkets
#nifty
#thursdayMarketPrediction
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BANKNIFTY/NIFTY ANALYSIS FOR WEDNESDAY 14TH JUNE-FOR EDUCATION BANKNIFTY/NIFTY ANALYSIS FOR WEDNESDAY 14TH JUNE-FOR EDUCATION PURPOSE
BANK NIFTY:-
If BankNifty sustain the level of 44000 break 44100 ,44150-44200-44250 level can be achieved.
If BankNifty break down 44000 and break 43950 spend time below then 43850-43750
NIFTY:-
If Nifty sustain the level of 18700 and break 18750 then 18775-18800 level can be achieved.
If Nifty break down 18700 and break 18650 then 18625-18600-18575.
This video is for educational purpose and my personal view . We are NOT SEBI registered Advisor, we only give the level on our practical trading experience. Kindly take the trade according to your risk and reward position and consulting your advisor.
#stockmarkets
#nifty
#wednesdayMarketPrediction
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BANKNIFTY/NIFTY ANALYSIS FOR TUESDAY 13TH JUNE-FOR EDUCATION PURBANKNIFTY/NIFTY ANALYSIS FOR TUESDAY 13TH JUNE-FOR EDUCATION PURPOSE
BANK NIFTY:-
If BankNifty sustain the level of 43950 break 44050 ,44150-44200-44250 level can be achieved.
If BankNifty break down 43950 and break 43850 spend time below then 43750-43650-43550
NIFTY:-
If Nifty sustain the level of 18600 and break 18625 then 18675-18700 level can be achieved.
If Nifty break down 18600 and break 18550 then 18525-18500.
This video is for educational purpose and my personal view . We are NOT SEBI registered Advisor, we only give the level on our practical trading experience. Kindly take the trade according to your risk and reward position and consulting your advisor.
#stockmarkets
#nifty
#tuesdayMarketPrediction
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BANKNIFTY ANALYSIS FOR MONDAY 12TH JUNE-FOR EDUCATION PURPOSEBANKNIFTY ANALYSIS FOR MONDAY 12TH JUNE-FOR EDUCATION PURPOSE
BANKNIFTY:-
WEEKLY TARGET:-
If Banknifty sustain the level of 44000 break 44150 ,44250-44350-44250-44500 level can be achieved.
If Banknifty break down 44000 and break 43950 spend time below then 43850-43750-43650-43550.
DAILY TARGET:-
If Banknifty sustain the level of 44000 and break 44150 then 44200-44250-44300 level can be achieved.
If Banknifty break down 44000 and break 43950 then 43850-43800-43750.
This video is for educational purpose and my personal view . We are NOT SEBI registered Advisor, we only give the level on our practical trading experience. Kindly take the trade according to your risk and reward position and consulting your advisor.
#stockmarkets
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#mondayMarketPrediction
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Bank Nifty Trade Setup (09-June-2023)This will be my personal trade Setup, This is not an advice of any kind to initiate trade according to this setup. This is for only for my learning purpose and maintaining my trading journal. t
As mentioned in June 7th Trade setup price is moving in Ascending triangle pattern and to it took support near trendline.
Trade setup for tomorrow:
As we know patterns can fail today price took support near ascending trendline
1.) If opens flat and doesn't hold this trendline will look for short for target of support (43840,43700 and 43650.
2.) If it takes support at trendline will look for buying for target of 44141,44231 and 44300 or PDH.
3.) No trades in gaps only after solid setup. as i loose most in gaps some find easy to trade gaps. but they doesn't suit me. so will wait for good setup is there will be,otherwise no trades.
NIFTY |BANKNIFTY|NIFTY ANALYSIS | BANK NIFTY ANALYSIS FOR FRIDAYNIFTY |BANKNIFTY|NIFTY ANALYSIS | BANKNIFTYANALYSIS FOR FRIDAY
| nifty analysis for tomorrow | #niftypredictions | nifty live trading |Nifty50
BANKNIFTY:-
If Banknifty sustain the level of 44000 and spend time and break 44150, then 44250-44300-44350.
If Banknifty break down 44000 spend time below it and break 43950 then 43950-43850-43750.
NIFTY:-
If Nifty sustain the level of 18650 and spend time and break 18700 then 18750-18000
If Nifty break down of 18650 spend time and break down 18600, then Nifty 18575-18550-18500.
This video is for educational purpose and my personal view . We are NOT SEBI registered Advisor, we only give the level on our practical trading experience. Kindly take the trade according to your risk and reward position and consulting your advisor.
#stockmarkets
#nifty
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NIFTY |BANKNIFTY|NIFTY ANALYSIS | BANKNIFTYANALYSIS FOR TUESDAYNIFTY |BANKNIFTY|NIFTY ANALYSIS | BANKNIFTYANALYSIS FOR TUESDAY
| nifty analysis for tomorrow | #niftypredictions | nifty live trading |Nifty50
BANKNIFTY:-
If Banknifty sustain the level of 44000 and spend time and break 44150, then 44200-44250-44300.
If Banknifty break down 44000 spend time below it and break 43950then 43850-43750-43650.
NIFTY:-
If Nifty sustain the level of 18550and spend time and break 18575 then 18600-18625-18650
If Nifty break down of 18550 spend time and break down 18500, then Nifty 18475-18450-18425.
This video is for educational purpose and my personal view . We are NOT SEBI registered Advisor, we only give the level on our practical trading experience. Kindly take the trade according to your risk and reward position and consulting your advisor.
#stockmarkets
#nifty
#tuesdayMarketPrediction
#nifty50
#nfityoutlookfornextweek
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#niftyweeklyexpiry
Bank Nifty Expiry Day Trade Setup (01-June-2023)This will be my personal trade Setup, This is not an advice of any kind to initiate trade according to this setup. This is for only for my learning purpose and maintaining my trading journal.
What a sell of today which gave good trading setups for Day Traders i wasn't able to trade in morning session because of work but was able to capture 100 points in afternoon session when BNF Pulled back up.
Trade Breakup for today posted in yesterday's post.
For tomorrow expiry day setup:
1.) If opens flat will look for if it takes CPR as Support or at ATH (PDC) if it takes support target will be 44250, 44290 then 44300. If ATH becomes resistance will short for target of Today's low (43830) then 43750.
2.) If opens gap down then only will trade once price action is formed.
3.) If opens gap up then also will take trade once price action is formed.
As tomorrow's expiry day so premiums will just erode if there will be sideways action. so once price action is formed if it's range bound then will buy according to that range.
Hit like to keep me motivated for keeping my trading journal as it only take less then few seconds to hit like but it gives me motivation for preparing for my session. Also one can comment on how I can make this trade journal better any improvements I need in it :) .
BANK NIFTY/NIFTY ANALYSIS FOR FRIDAY
NIFTY |BANKNIFTY|NIFTY ANALYSIS | BANKNIFTYANALYSIS FOR FRIDAY
| nifty analysis for tomorrow | #niftypredictions | nifty live trading |Nifty50
BANKNIFTY:-
If Banknifty sustain the level of 43750 and spend time and break 43850, then 43950-44050
If Banknifty break down 43750 spend time below it and break 43650then 43550-43450
NIFTY:-
If Nifty sustain the level of 18450 and spend time and break 18475 then 18500-18525
If Nifty break down of 18450 spend time and break down 18425, then Nifty 18400-18375.
This video is for educational purpose and my personal view . We are NOT SEBI registered Advisor, we only give the level on our practical trading experience. Kindly take the trade according to your risk and reward position and consulting your advisor.
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Bank Nifty Trade Setup (31-May-2023)This will be my personal trade Setup, This is not an advice of any kind to initiate trade according to this setup. This is for only for my learning purpose and maintaining my trading journal.
Today was range bound day also but at last one hour there was good move once it broke the descending triangle giving 100 points move (Which i missed 😂 )
BNF Must break this Resistance to move higher although its good it's holding support and didn't went yesterday's low so making good foundation as to build good home good foundations are must. BNF Consolidated for 800 points before and broke that which became flip zone and now that zone is working as BNF Foundation to rise higher and with gap up it's still holding that gap good.
So tomorrow's also monthly close and volume is rising in both indices which is good thing so expecting move higher tomorrow. (Just Hope no gap up)
Trade setup for tomorrow :
1.) If opens flat and breaks today 15 min TF closing candle above today's high i will long for target of 446000. if it doesn't hold today's high then will look for short for target of today's low. ( trading in parallel channel again)
2.) if opens gap up then will look rejections from 44600 level for target of today's high. ( If it doesn't hold near gap up) also if there is gap up will trade only after price action is formed.
3.) If opens gap down then will look for support near PDL for target of Today's High. if it doesn't hold support near PDL then will short for target of 44150 (flip zone )
Hit like to keep me motivated for keeping my trading journal as it only take less then few seconds to hit like but it gives me motivation for preparing for my session. Also one can comment on how I can make this trade journal better any improvements I need in it :) .
Bank Nifty Trade Setup (30-May-2023)This will be my personal trade Setup, This is not an advice of any kind to initiate trade according to this setup. This is for only for my learning purpose and maintaining my trading journal.
So today with big gap up opening price moved between 290 points and price action stayed sideways for almost all day. I avoided trading today because as per my trade setup i wait for 1st 15 min candle. on 5 min TF i could have scalped but i am avoiding it as i always faced losses in scalping sometimes due to broker end or sometimes trade execution. so i will only try to trade on those days where there is good market trend.
Now which was resistance zone of 800 points from past 2 weeks broke today and price sustained above that zone today. Now as per change of polarity zone which was one resistance becomes support. Now 44151 will act as good support.
For tomorrow setup:
1.) If it opens flat and price sustains for 1st 15 min then will look for buying opportunities for target of Today's High (44483) , 44500. If price doesn't sustains then will look for shorting opportunities for target of 44151.
2.) If opens gap up then will wait for price action to form and if price rejects today's high (44483) then will look for shorting opportunities.
3.) If opens gap down then will look for support 1st which is placed at 44197 (Today's Low) then 44151. If price takes support there and move upwards then will look for buying opportunities for target of Today's High(44483).
Hit like to keep me motivated for keeping my trading journal as it only take less then few seconds to hit like but it gives me motivation for preparing for my session. Also one can comment on how I can make this trade journal better any improvements I need in it :) .
BANKNIFTY--Fakeout or Breakout ??Observations::
----->> After breaking the trendline, price tested the Resistance zone,
price is fall from resistance but not able to break the last HL, @ 43400 Level.
Again a strong buy ness is observed from these level.
Price is in consolidation @ Resistance and Support and not able to break any previous higher low, and previous Higher High
now its clear showing strong bullishness, we are still in bullishness its confirmed + In Bullish consolidation
between the Support and Resistance.
see the below picture,
If it's a Rally--Base--Rally, we will go for buying up to 45000
we have 2 possibilities,
If price breaks HH @44150 levels, Breakout happens and price falls immediately below the 44150 levels is may happens,
called fake breakout.
If price consolidate between Supply zone 43900-43850 @ and supply zone @44080-44150,
and breakout happens consider it as a fake out and we wait for the break out.
If price comes below to these levels, @43650 demand Zone and 43400 demand zone,
if price consolidates in these two zones and gives us a breakdown will wait its a fake breakout or breakdown possibility.
we have to check all these conditions in Range bound market.
In between we have a common point zone @43800-43850 that will back to the supply zone again.
The same zone @43800-43850 will pushes the downside as well.
All these are range bound Scenario's, look @ all these possibilities.
NIFTY|BANKNIFTY|NIFTYANALYSIS|BANKNIFTYANALYSIS FOR EDUCATIONNIFTY |BANKNIFTY|NIFTYANALYSIS | BANKNIFTYANALYSIS FOR MONDAY
| nifty analysis for tomorrow | #niftypredictions | nifty live trading |Nifty50
BANKNIFTY:-
If Banknifty sustain the level of 44300 and spend time and break 44350, then 44450-44550
If Banknifty break down 44300 spend time below it and break 44150 then 44050-43950
NIFTY:-
If Nifty sustain the level of 18600 and spend time and break 18625, then 18650-18675-18700
If Nifty break down of 18600 spend time and break down 18575, then Nifty 18500-18525-18500
This video is for educational purpose and my personal view .We are NOT SEBI registered Advisor, we only give the level on our practical trading experience. Kindly take the trade according to your risk and reward position and consulting your advisor.
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