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Bankniftytrading

BANKNIFTY ANALYSIS - Are we entering recession ? As we can how the markets have been respecting these Major support and resistances since years covering every major crash . We can see that currently we are testing the resistance and showing possible signs of rejection which makes me think that the markets have topped out and might become bearish from now on . On the other hand , It will be very bullish if we break above this resistance level , which I know we will break in upcoming years . News comes later . charts always speaks first . Things to keep in Mind :- Wars going on Inflation Rates Increasing Taxes Fed is extremely hawkish . All of these might led to the capitulation event soon .
NSE:BANKNIFTYShort
by BULLSTREETZONE
15/12/2022 BANKNIFTY SUPPORT AND RESISTANCE ZONEHello Guys, Good Morning Everyone, According to the data today market gap Down is going to open Banknifty will turn negative if gap down opens and forms resistance at last day low (44000). That time we can open the target. T1-43800,T2-43600 And if the gap down opens and breaks the low of the last day and forms the support, then the full day is going to be choppy today. Major Levels 44000,44100,43900 Avoid trading in this area
NSE:BANKNIFTYShort
by mr_bull10
BANK NIFTY ANALYSIS - INTRADAYIf the price takes support @ the marked zone and trade there for a bit of time and if the price again breaks out of the formed zone @ support, one can consider taking SHORT opportunity. Because if this analysis goes right, we can see a very good movement downwards with max 30 point SL. This trade will activate if the market again invite buyers @ support. Wait for market to create a range near support. DON'T TAKE FORCE ENTRIES @ BREAKOUTS. Be patient, and beware, Market can do anything, It doesn't mean we have to be right always. WE JUST HAVE TO TAKE SMALL RISKS. HAPPY TRADING.....
NSE:BANKNIFTYShort
by OnEchARTed