Nifty and BankNifty UpdateHello traders,
Checkout the latest Nifty and BankNifty update and don't forget to watch our previous videos where you can check our levels
Bankniftytradesetup
Nifty and BankNifty UpdateHello traders,
Checkout the latest update on Nifty and BankNifty. Also checkout our previous analysis on the same
51300 OR 55300??!!For bank Nifty, this seems to be a much needed pit stop. Immediate target seems to be ATH and then 55300. If it breaks the base that has been created after the last high, 51300 could act as a strong support. Does not seem like a sign of weakness. Next round could be lead by PSU banks, close to the Budget.
BANK NIFTY INTRADAY LEVELS FOR 12/07/2024BUY ABOVE - 52400
SL - 52200
TARGETS - 52620,52800,53000
SELL BELOW - 52200
SL - 52400
TARGETS - 52000,51740,51510
NO TRADE ZONE - 52200 to 52400
Previous Day High - 52400
Previous Day Low - 51740
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
BANK NIFTY INTRADAY LEVELS FOR 11/07/2024BUY ABOVE - 52240
SL - 52000
TARGETS - 52400,52620,52800
SELL BELOW - 52000
SL - 52240
TARGETS - 51740,51510,51200
NO TRADE ZONE - 52000 to 52240
Previous Day High - 52620
Previous Day Low - 52240
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
Banknifty_Intraday (11-0Jul-2024)The image displays a 30-minute intraday chart for the Bank Nifty index. Here are the key details:
Date: The data is for July 11, 2024.
Index Levels: The Bank Nifty index is shown at a closing price of 52,217.30, up by 42.90 points.
Technical Analysis Features:
EMA: The chart includes a 20-period Exponential Moving Average (EMA) shown at 52,266.22.
Fibonacci Retracement Levels: Notable Fibonacci retracement levels from recent peaks and troughs are marked, with specific levels labeled such as 0.751, 0.799, 0.94, and 1.003.
Trading Signals:
-Buy Signal: A green arrow suggests buying above 52,350 with a target of 53,700+.
-Sell Signal: A red arrow indicates selling below 52,000 with a target of 52,000 or lower.
Nifty and BankNifty UpdateHello Traders,
Checkout the latest update on Nifty and BankNifty and also do not forget to check our last video in which we have clearly mentioned the levels
BANK NIFTY INTRADAY LEVELS FOR 10 JULY 2024BUY ABOVE - 52620
SL - 52400
TARGETS - 52800,53000,53230
SELL BELOW - 52400
SL - 52620
TARGETS - 52240,52000,51740
NO TRADE ZONE - 52400 to 52620
Previous Day High - 52620
Previous Day Low - 52240
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
banknifty Intraday (10-Jul-2024)The image displays a chart for the Nifty 50 index from the National Stock Exchange of India, showing intraday movements on a 15-minute time frame. The chart includes details such as:
Index Information: The Nifty 50 Index is shown at various prices, with the current price being 24,417.25, down by 16.80 points.
Technical Analysis: There's a 20-period Exponential Moving Average (EMA) indicated at 24,401.59.
Trading Recommendations:
-Buy Signal: A green arrow points upwards with a note to "Buy Above 24450" targeting an open position above 24,550.
-Sell Signal: A red arrow points downwards suggesting to "Sell Below 24375" with a target (Tgt) of 24,275 or lower.
BANK NIFTY INTRADAY LEVELS FOR 09/07/2024BUY ABOVE - 52620
SL - 52400
TARGETS - 52800,53000,53230
SELL BELOW - 52400
SL - 52620
TARGETS - 52240,52000,51740
NO TRADE ZONE - 52400 to 52620
Previous Day High - 52800
Previous Day Low - 52240
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
Banknifty Intraday (09-Jul-2024)Description: Join us for intraday trading analysis on BANKNIFTY. We've marked significant buy and sell targets based on the latest price movements and EMA trends.
Buy Signal: If BANKNIFTY breaks above 52,700, consider going long with a target of 53,200+. This is indicated by the potential support break and bullish momentum.
Sell Signal: Alternatively, a move below 52,275 could signal a selling opportunity, aiming for a target just below 52,000.
Chart Details:
-Time Frame: 15 minutes
-Indicator: 20-period Exponential Moving Average (EMA)
Trading Strategy:
The strategy revolves around the key psychological levels marked on the chart. We recommend setting tight stop-loss orders to manage risk effectively.
Disclaimer: Trading involves risk and is not suitable for all investors. Please perform your own due diligence before making any trading decisions.
BANK NIFTY INTRADAY LEVELS FOR 08 JULY 2024BUY ABOVE - 52800
SL - 52620
TARGETS - 53000,53230,53500
SELL BELOW - 52400
SL - 52800
TARGETS - 52400,52200,52000
NO TRADE ZONE - 52620 to 52800
Previous Day High - 52800
Previous Day Low - 52200
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
BANK NIFTY INTRADAY LEVELS FOR 5TH JULY 2024BUY ABOVE - 53230
SL - 53000
TARGETS - 53500,53750,54000
SELL BELOW - 53000
SL - 52800
TARGETS - 52800,52400,52200
NO TRADE ZONE - 53000 to 53230
Previous Day High - 53230
Previous Day Low - 52800
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
Banknifty Intraday (05-Jul-2024)-Date and Time: The chart covers intraday trading for July 3 and July 4, 2024.
-Price Data: It displays open, high, low, and close prices for each 15-minute interval.
-Exponential Moving Average (EMA): A 20-period EMA is plotted, which helps to determine the trend direction over these periods.
Trading Instructions:
-Buy Signal: An instruction to buy above 53,250 with a target of 53,600 or more.
-Sell Signal: An instruction to sell below 52,800 with a target of 52,400.
The annotations and arrows help to visually guide a trader on potential entry points for buying or selling based on the specified price levels.
Bank NiftyPair : Bank Nifty
Description :
Completed " 12345 " Impulsive Waves
Break of Structure
Rising Wedge as an Corrective Pattern in Short Time Frame
RSI - Divergence
Fibonacci Level - 261.80%
BANK NIFTY INTRADAY LEVELS FOR 4TH JULY 2024BUY ABOVE - 53230
SL - 53000
TARGETS - 53500,53750,54000
SELL BELOW - 53000
SL - 52800
TARGETS - 52800,52400,52200
NO TRADE ZONE - 53000 to 53230
Previous Day High - 53230
Previous Day Low - 52800
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
Banknifty Intraday (04-Jul-2024)Chart for the Nifty Bank Index on a 15-minute timeframe for July 4th includes the following key changes and details:
-Buy Above 53250 with a target of 53600+.
-Sell Below 52800 with a target of 52400-.
-Current price remains around 53042.15.
Key support and resistance levels:
-Resistance around 53213.55.
-Support around 52810.25 and 52395.60.
The 20-period Exponential Moving Average (EMA) is displayed at 53020.90.
This chart provides updated trading levels for entering buy or sell positions, adjusting the targets based on the latest price movements and technical analysis.
BANK NIFTY INTRADAY LEVELS FOR 3rd JULY 2024BUY ABOVE - 52200
SL - 52000
TARGETS - 52400,52670,53000
SELL BELOW - 52000
SL - 52200
TARGETS - 521740,51510,51200
NO TRADE ZONE - 52000 to 52200
Previous Day High - 52824
Previous Day Low - 52000
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
Banknifty Intraday (03-Jul-2024)📈 #BankNifty 15-min Intraday Strategy (3 Jul):
Buy above 52,400 🎯 Target: 52,750+
Sell below 52,000 🎯 Target: 51,750-
Key Levels:
Resistance: 52,395.60
Support: 52,151.85
#Trading #StockMarket #BankNifty
BANK NIFTY INTRADAY LEVELS FOR 2ND JULY 2024BUY ABOVE - 52670
SL - 52400
TARGETS - 53000,53200,53400
SELL BELOW - 52400
SL - 52670
TARGETS - 52200,51960,51740
NO TRADE ZONE - 52400 to 52670
Previous Day High - 52670
Previous Day Low - 52200
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
Banknifty Intraday (02-Jul-2024)An intraday trading chart for the Bank Nifty Index dated July 2nd, captured in 15-minute intervals. Here are the specific elements depicted in the chart:
Candlestick Format: The chart uses candlestick bars to display price movements within each 15-minute period, indicating the open, high, low, and close prices.
Exponential Moving Average (EMA): There is a blue line representing the 20-period EMA, which helps in identifying the trend's direction and acts as a dynamic level of support and resistance.
Trading Signals:
-Buy Signal: Marked by a green arrow, it suggests buying if the Bank Nifty exceeds 52,700, with a potential target of 53,000 or higher.
-Sell Signal: Indicated by a red arrow, recommending selling if the index falls below 52,400, aiming for a target of around 52,100.
Technical Analysis Overview: The chart details the intraday price action of the Bank Nifty index, illustrating a momentary downward trend followed by a recovery that aligns with the 20-period EMA. Trading suggestions are based on breaks from significant price levels denoted by the dashed lines, likely serving as psychological barriers or pivot points.
Banknifty Intraday (01-7-2024)Date and Time: The chart is labeled "01-Jul (Intraday)" for intraday trading on July 1, 2024.
Candlestick Bars: Each bar represents a 15-minute trading interval showing the open, high, low, and close prices.
Technical Indicators:
-Exponential Moving Average (EMA): A blue line shows the 20-period EMA used to determine the trend's direction. It acts as dynamic support and resistance.
Annotations:
-A green arrow indicating a buy signal if the price moves above 52,500, with a target (Tgt) of 52,750 or higher.
-A red arrow indicating a sell signal if the price falls below 52,150, with a target of 51,800 or lower.
-Support and Resistance Levels: Dashed lines indicate significant levels, likely acting as psychological barriers or points where significant buying or selling has occurred.
This setup is typical for traders who use technical analysis to predict short-term price movements based on historical price patterns and trading volumes.
BANK NIFTY INTRADAY LEVELS FOR 01/07/2024BUY ABOVE - 52400
SL - 52200
TARGETS - 52670,53000,53200
SELL BELOW - 52200
SL - 52400
TARGETS - 51960,51740,51510
NO TRADE ZONE - 52200 to 52400
Previous Day High - 53000
Previous Day Low - 52200
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
