Bankniftytrading
21/04/2023 BANKNIFTY SUPPORT AND RESISTANCE ZONEHello Guys,
Good Morning everyone,
According to the data today market Flat is going to open
After A Flat opening if Banknifty sustain Above 42300 and taking Support from 42300 then open target for T1-42350,T2-42400,T3-42500
If the Banknifty after a Flat opening sustain Below 42000 and taking resistance below 42000 then the open Targets for T1-41800,T2-41600,T3-41400
Major Levels 42100,42200,42300
20/04/2023 BANKNIFTY SUPPORT AND RESISTANCE ZONEHello Guys,
Good Morning everyone,
According to the data today market Gap-Up is going to open
After A Gap-Up opening if Banknifty sustain Above 42230 and taking Support from 42230 then open target for T1-42350,T2-42500,T3-42600
If the Banknifty after a Gap-Up opening sustain Below 42000 and taking resistance below 42000 then the open Targets for T1-41800,T2-41600,T3-41400
Major Levels 42100,42000,42200
19/04/2023 BANKNIFTY SUPPORT AND RESISTANCE ZONEHello Guys,
Good Morning everyone,
According to the data today market Gap-Down is going to open
After A Gap-Down opening if Banknifty sustain Above 42500 and taking Support from 42500 then open target for T1-42700,T2-42900,T3-43100
If the Banknifty after a Gap-Down opening sustain Below 42100 and taking resistance below 42100 then the open Targets for T1-41900,T2-41700,T3-41500
Major Levels 42100,42500,42300
18/04/2023 BANKNIFTY SUPPORT AND RESISTANCE ZONEHello Guys,
Good Morning everyone,
According to the data today market Gap-Down is going to open
After A Gap-Down opening if Banknifty sustain Above 42400 and taking Support from 42400 then open target for T1-42600,T2-42800,T3-43000
If the Banknifty after a Gap-Down opening sustain Below 42400 and taking resistance below 42400 then the open Targets for T1-42200,T2-42000,T3-41800
Major Levels 42200,42300,42000
12/04/2023 BANKNIFTY SUPPORT AND RESISTANCE ZONEHello Guys,
Good Morning everyone,
According to the data today market Flat is going to open
After A Flat opening if Banknifty sustain Above 41600 and taking Support from 41600 then open target for T1-41800,T2-42000,T3-42200
If the Banknifty after a Flat opening sustain Below 40600 and taking resistance below 40600 then the open Targets for T1-41400,T2-41200,T3-40800
Major Levels 41600,41500,41700
11/04/2023 BANKNIFTY SUPPORT AND RESISTANCE ZONEHello Guys,
Good Morning everyone,
According to the data today market Gap-Up is going to open
After A Gap-Up opening if Banknifty sustain Above 41000 and taking Support from 41000 then open target for T1-41155,T2-41300,T3-41600
If the Banknifty after a Gap-Up opening sustain Below 40700 and taking resistance below 40700 then the open Targets for T1-40500,T2-40400,T3-40300
Major Levels 41000,40900,41100
10/04/2023 BANKNIFTY SUPPORT AND RESISTANCE ZONEHello Guys,
Good Morning everyone,
According to the data today market Flat is going to open
After A Flat opening if Banknifty sustain Above 41100 and taking Support from 41100 then open target for T1-41275,T2-41400,T3-41550
If the Banknifty after a Flat opening sustain Below 40950 and taking resistance below 40950 then the open Targets for T1-40822,T2-40700,T3-40500
Major Levels 41000,40900,41100
06/04/2023 BANKNIFTY SUPPORT AND RESISTANCE ZONEHello Guys,
Good Morning everyone,
According to the data today market Gap-Up is going to open
After A Gap-Up opening if Banknifty sustain Above 41000 and taking Support from 41000 then open target for T1-41100,T2-41300,T3-41500
If the Banknifty after a Gap-Up opening sustain Below 41000 and taking resistance below 41000 then the open Targets for T1-40900,T2-40700,T3-40500
Major Levels 41000,40900,41100
05/04/2023 BANKNIFTY SUPPORT AND RESISTANCE ZONE
Hello Guys,
Good Morning everyone,
According to the data today market Gap-Down is going to open
After A Gap-Down opening if Banknifty sustain Above 40800 and taking Support from 40800 then open target for T1-41000,T2-41200,T3-41400
If the Banknifty after a Gap-Down opening sustain Below 40500 and taking resistance below 40500 then the open Targets for T1-40300,T2-40100,T3-39900
Major Levels 40500,40600,40700
03/04/2023 BANKNIFTY SUPPORT AND RESISTANCE ZONEHello Guys,
Good Morning everyone,
According to the data today market Gap-Up is going to open
After A Gap-Up opening if Banknifty sustain Above 40600 and taking Support from 40600 then open target for T1-40700,T2-40900,T3-41100
If the Banknifty after a Gap-Up opening sustain Below 40500 and taking resistance below 40500 then the open Targets for T1-40300,T2-40100,T3-39900
Major Levels 40500,40600,40700
31/03/2023 BANKNIFTY SUPPORT AND RESISTANCE ZONEHello Guys,
Good Morning everyone,
According to the data today market Flat is going to open
After A Flat opening if Banknifty sustain Above 40200 and taking Support from 40200 then open target for T1-40400,T2-40500,T3-40700
If the Banknifty after a Flat opening sustain Below 40000 last day low and and taking resistance below 40000 then the open Targets for T1-39900,T2-39700,T3-39500
Major Levels 40200,39900,40000
Recap of BankNIFTY move on Monthly Expiry, Trade analysisAs stated in the prev Vlog, the BankNifty chart trended sideways to bullish keeping trend above Weekly CPR almost testing Weekly R1 towards end of day.
Far OTM Sells on CALL And PUT side expired worthless. Slightly near OTM CE Sell's hit SL due to Gamma moves during the swing highs intraday.
Overall market kept above 100 EMA and Above CPR as projected before the day start and remain bullish.
29/03/2023 BANKNIFTY SUPPORT AND RESISTANCE ZONEHello Guys,
Good Morning everyone,
According to the data today market Gap-Up is going to open
After A Gap-Up opening if Banknifty sustain Above 39700 and taking Support from 39700 then open target for T1-39900,T2-40100,T3-40300
If the Banknifty after a Gap-Up opening sustain Below 39500 last day low and and taking resistance below 39500 then the open Targets for T1-39300,T2-39100,T3-38900
Major Levels 39500,39600,39700
28/03/2023 BANKNIFTY SUPPORT AND RESISTANCE ZONEHello Guys,
Good Morning everyone,
According to the data today market Gap-Up is going to open
After A Gap-Up opening if Banknifty sustain Above 39500 and taking Support from 39500 then open target for T1-39700,T2-39900,T3-40200
If the Banknifty after a Gap-Up opening sustain Below 39300 last day low and and taking resistance below 39300 then the open Targets for T1-39100,T2-38900,T3-38700
Major Levels 39500,39400,39600
upside possible 1:10 RR Trade price broken the lower trendline but he index is re-testing the trendline multiple time and price observing demand #39300 so there is a high possibility that price can give a upside move till trading above 39300. once 39300 broken then we can see downside move toward 39k & 36600 level.
27/03/2023 BANKNIFTY SUPPORT AND RESISTANCE ZONEHello Guys,
Good Morning everyone,
According to the data today market Gap-Up is going to open
After A Gap-Up opening if Banknifty sustain Above 39500 and taking Support from 39500 then open target for T1-39600,T2-39800,T3-40000
If the Banknifty after a Gap-Up opening sustain Below 39400 and and taking resistance below 39400 then the open Targets for T1-39200,T2-39000,T3-38800
Major Levels 39500,39400,39600
24/03/2023 BANKNIFTY SUPPORT AND RESISTANCE ZONE
Hello Guys,
Good Morning everyone,
According to the data today market Gap-Down is going to open
After A Gap-Down opening if Banknifty sustain Above 39500 and taking Support from 39500 then open target for T1-39700,T2-39900,T3-40100
If the Banknifty after a Gap-Down opening sustain Below 39400 and and taking resistance below 39400 then the open Targets for T1-39300,T2-39100,T3-38900
Major Levels 39500,39400,39600
Trading plan for 24th March 2023Nifty future and banknifty future analysis and intraday plan in kannada.
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please consult your financial advisor before taking any action.
----Vinaykumar hiremath, CMT