Banknifty expiry chart for 03-03-22After gap up opening banknifty fell down and fill the gap.
Key level for expiry are 35000 strong support
35500 strong resistance.
Option writers use this level to short.
Bankniftytrading
gap filled now next what..?as we all can see traders' gap has been filled now next what..? is still hard to say in these highly volatile markets but now my point of view is a bit changing from bear to bull as I think markets have done with the bear run. hopefully traders soon we may return to a bull market.
isnt it to beautifull... pure price actionas u can see pure price action levels are marked. but we have to be cautious as Russia is accelerating the issue instead of solving it.
so obviously our bias will remain short but will keep an eye on the ongoing issue to get a real picture at the time of placing a trade.
so will not be interested in taking long positions as of now.
only selling bias..i don't know but i can't yet find any long opportunity on the charts. due to tense Ukraine & Russia problems.I don't think that we should expect any kind of bull run in the markets for a time being. stay updated traders. important levels marked.
did u see the same..?important levels marked. although bias will remain downside until any good news arrives in the market. till then best of luck traders.
remember u always have a choice to say no. to RANDOM trading. BEST OF LUCK.
Important levels foe BANKNIFTY FUTURES 16.02.2022Dear All,
Chart has all the required levels for trades to be executed on 16.02.2022
There are 2 ways I see to this trade:
1: BNF opens gap up. fills the gap and falls down due to profit booking
2: BNF opens gap up, falls down due to profit booking and the moves upward filling the gap
*** A rare out come: opens gap down and then fills the gap ***
For option traders use ATM strike price
Thanks & Regards
Your feedback is highly appreciated
Banknifty weekly support resistance In previous week closing banknifty managed to close above 38500 level which is a good sign for up move.
But due to weak global sentiments and some negative news in banking sector we may see weakness.
in last session market open gap down due to FED meeting news.
In the chart i have mentioned key level for next weak.
Keep those levels in mind and trade accordingly.
99.99 bias will remain downside.. important levels markedas we all know. due to inflation, global cues, we have seen the panic in markets in the last week. as I think it will continue. so traders stay updated on every global as well as national news. especially Russia and ukrain war which can create huge panic in all markets.
look @ bank nifty as suggested to our paid clients bank nifty is about to boom........................................
BankNifty Key Levels and Zones For Intraday [10 Feb 22]Banknifty Key Levels and Zones for Intraday
38500 levels in Banknifty future is a key support zone for today and might see high volatility near this zone.
Wait for break and retest the zone to enter into a trade.
RBI policy and expiry day may take SL easily. So, take care of your position sizing.
NO TRADING ZONE... important levels marked.volatility at its high. stay neutral guys. since the sentiments of the market are mixed. we need to stay focused on our risk-reward ratio. stay focused.
best of luck traders.
is bank nifty at a verge of breakdown..?well, my bias will remain the same as it was on the previous week. for me, I will closely watch these important levels to get broke.
if it gets broken in one trading day. big moves can be expected. Best of luck traders.
BANKNIFTY - Important levels to trade for 07.02.2022Dear All,
Kindly take a look at important BANKNIFTY spot levels for 07.02.2022
Use the levels as reference to initiate your trades.
Your feedback is highly appreciated.
Thanks & Regards
why i cant able to see any support..? I'm right that I cant figure out any support at those market levels. which means if it brokes its major levels it can fall down very quicly.
so my bias will remain short tomorrow.
BANKNIFTY spot levels for 04.02.2022Dear All,
The important spot levels have been marked for 04.02.2022
Also a reference point has been marked which can help understand the movement in tomorrows trade.
Use the reference points and initiate your trades carefully.
Your feedback is highly appreciated.
Thanks & Regards,
BANK NIFTY -03/02/2022 REPORT Hello Traders,
BANK-NIFTY@03/02/2022
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opened as a gap down ,below PDH. Market took support at IMP and went to PDH then reversed .Finally Market was closed near S@2
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Banknifty up up and awayOn daily time frame banknifty made a bullish engulfing type pattern.
From bottom recovered 1300 points and close near 2 days high.
For short term trend is bullish and we can see 38900 level near future.
On the flip side closing below 36300 will activate level of 35300.
Bank Nifty Support & Resistance Levels for Tomorrow>Support will Become Resistance and Resistance will become Support once the level Breaks.
*Always Enter With good confirmation & Maintain proper Risk Reward.
**********Educational/information purpose only **********
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Banknifty is near golden ratioBanknifty is trading near golden ratio of Fibonacci retracement.
Breaking above 38880 will activate the level and positionally banknifty will be head towards 40000.
On the flip side 38000 is support area and closing below the level will take banknifty to 37600, 37000
Due to budget volatility will be high so trade with minimum quantity.
not interested in going long r u..?well, my bias will remain short on bank nifty. not be interested in any buy signal tomorrow. we only will take action once our pattern is ready otherwise we will wait on the sidelines for an opportunity. no itchy trading.
BANK NIFTY -25/01/2022 REPORT Hello Traders,
BANK-NIFTY@25/01/2022
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Opened as a Gap down, at our Support Zone. Market took the support at S@1 then it was broken our levels (Imp, Resistance ,R@1,R@2,PDH). Finally closed above PDH
Please do share your thoughts in comment section.
Please hit a LIKE , it motivates me to do analysis and do share with your trading friends.
