Bankniftytrading
17/05/2023 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 442000 last day high above and taking Support from 44200 then open target for T1-44300,T2-44400,T3-44600
If the Banknifty after a Gap-Down opening sustain Below 43800 and taking resistance below 43800 then the open Targets for T1-43600,T2-43500,T3-43400
Major Levels 44000,43800,43500
15/05/2023 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 43900 and taking Support from 43900 then open target for T1-44000,T2-44200,T3-44400
If the Banknifty after a Gap-Down opening sustain Below 43500 and taking resistance below 43500 then the open Targets for T1-43300,T2-43100,T3-43000
Major Levels 43500,43400,44000
BANKNIFTY ANALYSIS FOR MONDAY 15TH APRIL FOR EDUCATION PURPOSE
If bank nifty sustain the level of 43750 and spend time, cross above 43800 then 43850-43950-44150
If bank nifty break down the support level of 43750 and spend time, cross down 43500 then bank nifty 43200-43100-43000
This video is for educational purpose and my personal view .
Kindly take the trade according to your risk and reward position and consulting your advisor.
12/05/2023 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 43800 and taking Support from 43800 then open target for T1-43900,T2-44000,T3-44200
If the Banknifty after a Gap-Down opening sustain Below 43500 and taking resistance below 43500 then the open Targets for T1-43300,T2-43100,T3-43000
Major Levels 43500,43100,43800
11/05/2023 BANKNIFTY SUPPORT AND RESISTANCE ZONEHello Guys,
Good Morning everyone,
According to the data today market Falt is going to open
After A Falt opening if Banknifty sustain Above 43700 and taking Support from 43700 then open target for T1-43800,T2-44000,T3-44200
If the Banknifty after a Falt opening sustain Below 43500 and taking resistance below 43500 then the open Targets for T1-43300,T2-43100,T3-43000
Major Levels 43500,43400,43600
BANKNIFTY--Expiry above 43600 or below 43000 ??Observations:
BANKNIFTY--showing bearish pressure after opening gap up, falls below 43000, clearly showing 43000 is not a support ,with the help of 43000 price again tested the supply zones @43500-43600.
----------->>If tomorrow again showing bearish pressure @43600 levels, go for selling below 43350 levels for target of 43000,42850,42500 levels.
------>> Price range between 43600 below and 43850 levels.
-----------------------------------------------------------------------------------------------
If price consolidates between 43400-43600 levels, price will go up.
10/05/2023 BANKNIFTY SUPPORT AND RESISTANCE ZONEHello Guys,
Good Morning everyone,
According to the data today market Falt is going to open
After A Falt opening if Banknifty sustain Above 43500 and taking Support from 43500 then open target for T1-43600,T2-43700,T3-43900
If the Banknifty after a Falt opening sustain Below 43100 and taking resistance below 43100 then the open Targets for T1-43000,T2-42900,T3-42800
Major Levels 43500,43400,43200
09/05/2023 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 43400 and taking Support from 43400 then open target for T1-43500,T2-43600,T3-43700
If the Banknifty after a Gap-Down opening sustain Below 43200 and taking resistance below 43200 then the open Targets for T1-43100,T2-43000,T3-42800
Major Levels 43300,43400,43200
BANKNIFTY--42700-42650 acts as Support??Observations:
After A strong fall price mostly enters into consolidation stage.
Previous strong resistance @42700 broken and showing bullish pressure towards 43000,43600 levels.
(Price broken the 42700-42650 zone to downside and closes inside this zone.)
If the same level acts as support price will again rise from this level,
Strong fall happens from @43200-43100 level also be careful at this level before long will again see some bearishness in this zone.
Try to be on the long side from 42700-42620 levels to reach 43000-43200 levels.
Go long:
Above 42850 to reach 43000,43100 levels.
Short: Don't think of Short now. be on short side from 43200 levels up to 42850,42700 only.
price breaks 42620 and gives retest go short for 42400 levels.
08/05/2023 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 42500 and taking Support from 42500 then open target for T1-42700,T2-42900,T3-43000
If the Banknifty after a Gap-Up opening sustain Below 42500 and taking resistance below 42500 then the open Targets for T1-42400,T2-42200,T3-42000
Major Levels 42500,42600,42700
05/05/2023 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 43500 and taking Support from 43500 then open target for T1-43700,T2-43900,T3-44000
If the Banknifty after a Gap-Down opening sustain Below 43200 and taking resistance below 43200 then the open Targets for T1-43000,T2-42800,T3-42700
Major Levels 43000,43200,43500
BANKNIFTY-Is Monthly expiry Bullish ???
Observations:
Today bearish pressure observed at 42850 level, means not a bearish turn in bank nifty,
The BANKNIFTY INDEX has been on an upward trend, with buyers successfully breaking through resistances at 42500, 42700, and tested @42850.
They are now poised to reach untested supply zones at 43000, 43100, and 43400 levels.
However, buyers may lack the necessary power to push the price higher, and if any of the previous supply zones act as support, the price could move back upwards.
It is recommended to remain on the buy side within the range of 41500-41400, as no significant retracement has been observed after breaking the supply zone at 42500 level.
If this level acts as support, monthly expiry is expected to be bullish.
26/04/2023 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 42900 and taking Support from 42900 then open target for T1-43000,T2-43100,T3-43200
If the Banknifty after a Gap-Down opening sustain Below 42600 and taking resistance below 42600 then the open Targets for T1-42500,T2-42400,T3-42300
Major Levels 42500,42600,42900
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