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Bankniftytrading

18 DEC 2023 BANKNIFTY SUPPORT AND RESISTANCE LEVELSHello Guys, Good Morning everyone, According to the data today market is going to open gap down After A gap down opening if Banknifty sustains Above 48200 and takes Support from 48200 then open target for T1-48300, T2-48400,T3-48500 If the Banknifty flat opening sustains Below 48000 and takes resistance below 48000 then the open Targets for T1-47800, T2-47700,T3-47600 Major Levels 48000,48200,47800 If the market stands in this area of 48000 to 48200 then it is possible that even today the market will remain in the range.
NSE:BANKNIFTY
by mr_bull10
15 DEC 2023 BANKNIFTY SUPPORT AND RESISTANCE LEVELSHello Guys, Good Morning everyone, According to the data today market is going to open gap up After A gap up opening if Banknifty sustains Above 47900 and takes Support from 48000 then open target for T1-48200, T2-48300,T3-48400 If the Banknifty flat opening sustains Below 47500 and takes resistance below 47500 then the open Targets for T1-47300, T2-47300,T3-47100 Major Levels 48000,47500,47800 If the market stands in this area of 47600 to 47800 then it is possible that even today the market will remain in the range.
NSE:BANKNIFTY
by mr_bull10
14 DEC 2023 BANKNIFTY SUPPORT AND RESISTANCE LEVELSHello Guys, Good Morning everyone, According to the data today market is going to open gap up After A gap up opening if Banknifty sustains Above 47400 and takes Support from 47500 then open target for T1-47700, T2-47800,T3-48000 If the Banknifty flat opening sustains Below 47000 and takes resistance below 46800 then the open Targets for T1-46700, T2-46600,T3-46500 Major Levels 47000,47500,46800 If the market stands in this area of 47400 to 47200 then it is possible that even today the market will remain in the range.
NSE:BANKNIFTY
by mr_bull10
BankNIFTY prediction for tomorrow 13 Dec 23As we discussed yesterday, Banknifty gave a breakdown and also moved nicely. OI PCR has shifted from 1.17 to 0.80, which indicates huge bearishness. After the breakout, we observed that volume increased significantly at each candle. If we see a 1-day timeframe, we can see it's a confirmed gravestone dogi pattern, which is formed at the top of the trend and shows huge bearishness. We could not achieve our bearish target today; hopefully, it will be achieved tomorrow. Reasons: RSI < 40 (Bearish) successful breakout to the downside. (Bearish) continuous increasing of volume after the breakout. (Bearish) PCR: 1.17 -> 0.80, which is a huge fall. Most of the PE writing was rounded off in 1st half day today. Price < EMA(13,50) (Bearish) Bearish golden crossover. (Bearish) Verdict: Bearish Plan of action: Sell 47200 PE, protect it with hedging.
NSE:BANKNIFTYShort
by finnova_
2
12 DEC 2023 BANKNIFTY SUPPORT AND RESISTANCE LEVELSHello Guys, Good Morning everyone, According to the data today market is going to open gap up After A gap up opening if Banknifty sustains Above 47500 and takes Support from 47500 then open target for T1-47700, T2-47800,T3-48000 If the Banknifty flat opening sustains Below 47100 and takes resistance below 47000 then the open Targets for T1-46800, T2-46700,T3-46500 Major Levels 47000,47500,46800 If the market stands in this area of 47200 to 47000 then it is possible that even today the market will remain in the range.
NSE:BANKNIFTY
by mr_bull10
BANKNIFTY prediction for tomorrow 12 Oct 23As we discussed yesterday, Bank Nifty stayed in the upper zone with weak bull power. Also, today, in the last hour, it was huge selling, and the whole day, it was more of a position rounding off because of unstable Bank nifty momentum. If Banknifty breaks the trendline to the downside, then it's highly probable that it will touch the 200 EMA. Reasons: RSI 40-60 mostly. (sideways) 50 EMA is providing a nice support point for BN. ( bullish) Price > EMAs (still bullish) 47500 is having huge CE writing. Lower levels don't have much OI except 47000. PCR = 1.17 (Bullish) (1.45->1.17); it's still bullish, but OI have been fallen significantly. Verdict: It's still bullish unless it breaks to the downside. Plan of action: check initially 15 min momentum. And follow chart levels.
NSE:BANKNIFTY
by finnova_
11 DEC 2023 BANKNIFTY SUPPORT AND RESISTANCE LEVELSHello Guys, Good Morning everyone, According to the data today market is going to open flat After A flat opening if Banknifty sustains Above 47200 and takes Support from 47200 then open target for T1-47300, T2-47400,T3-47600 If the Banknifty flat opening sustains Below 46500 and takes resistance below 46500 then the open Targets for T1-46400, T2-46300,T3-46100 Major Levels 47000,47200,46800 If the market stands in this area of 47200 to 47000 then it is possible that even today the market will remain in the range.
NSE:BANKNIFTYLong
by mr_bull10
BANKNIFTY // At Reversal Path. ready for a strong Bear rally.www.tradingview.com BANKNIFTY: The daily chart shows a rising wedge pattern with a big reversal candle. This means the bears are ready to take over. There are many gaps that haven't been filled yet. This kind of rally based on news is not realistic and can hurt the new traders or investors who get tempted by the quick returns. But when the market corrects, they will lose money. So, be careful, BankNifty has turned around and we should wait for the rally to cool down before investing anything. Short term trading can be done if you have a good experience to trade in high volatile market.
NSE:BANKNIFTYShort
by Stox_Ware
1
06 DEC 2023 BANKNIFTY SUPPORT AND RESISTANCE LEVELSHello Guys, Good Morning everyone, According to the data today market is going to open gap up After A gap up opening if Banknifty sustains Above 47100 and takes Support from 47200 then open target for T1-47300, T2-47400,T3-47600 If the Banknifty Gap up opening sustains Below 46800 and takes resistance below 46800 then the open Targets for T1-46700, T2-46600,T3-46500 Major Levels 465000,47000,47200 If the market stands in this area of 46800 to 47000 then it is possible that even today the market will remain in the range.
NSE:BANKNIFTY
by mr_bull10
04 DEC 2023 BANKNIFTY SUPPORT AND RESISTANCE LEVELSHello Guys, Good Morning everyone, According to the data today market is going to open gap up After A gap up opening if Banknifty sustains Above 45000 and takes Support from 45000 then open target for T1-45200, T2-45300,T3-45500 If the Banknifty Gap up opening sustains Below 44700 and takes resistance below 44700 then the open Targets for T1-44600, T2-44500,T3-44400 Major Levels 45000,44800,45200 If the market stands in this area of 45200 to 45000 then it is possible that even today the market will remain in the range.
NSE:BANKNIFTYLong
by mr_bull10
BankNIFTY prediction for tomorrowas we have already discussed Banknifty has given breakout. and yesterday it retested the 44300 level and again bulls pumped the bulls side. Now I am expecting it to move bullish whole this week. Target 1 will be 45561, then some consolidation and it will move to all time high 46250. Reasons: Price has already broken out 2 month breakout with Inverted HNS. (Bullish) RSI showing bullish diversion. (Bullish) Bullish Golden crossover successful. (Bullish) Inverted HNS breakout and successful retesting of neck-line. (Bullish) According to OI, PCR: 0.97 (Bullish) with max pain = 44800 or 45000. above side only 45000 is having significiant resistance, if it's taken out bulls path will be clear for target 1 (45561) Verdict: Bullish Plan of action: Keep holding the previous position. you can add move call buy once bull intraday trend confirms.
NSE:BANKNIFTYLong
by finnova_
01 DEC 2023 BANKNIFTY SUPPORT AND RESISTANCE LEVELSHello Guys, Good Morning everyone, According to the data today market is going to open gap up After A gap up opening if Banknifty sustains Above 44500 and takes Support from 44600 then open target for T1-44700, T2-44900,T3-45000 If the Banknifty Gap up opening sustains Below 44400 and takes resistance below 44500 then the open Targets for T1-44300, T2-44200,T3-44000 Major Levels 44500,44400,45000 If the market stands in this area of 44600 to 44800 then it is possible that even today the market will remain in the range.
NSE:BANKNIFTY
by mr_bull10
30 NOV 2023 BANKNIFTY SUPPORT AND RESISTANCE LEVELSHello Guys, Good Morning everyone, According to the data today market is going to open flat After A flat opening if Banknifty sustains Above 44400 and takes Support from 44500 then open target for T1-44700, T2-44900,T3-45000 If the Banknifty Gap up opening sustains Below 44400 and takes resistance below 44500 then the open Targets for T1-44300, T2-44200,T3-44000 Major Levels 44500,44400,45000 If the market stands in this area of 44500 to 44700 then it is possible that even today the market will remain in the range.
NSE:BANKNIFTY
by mr_bull10
29 NOV 2023 BANKNIFTY SUPPORT AND RESISTANCE LEVELSHello Guys, Good Morning everyone, According to the data today market is going to open Gap up After A Gap up opening if Banknifty sustains Above 43900 and takes Support from 43800 then open target for T1-44000, T2-44200,T3-44400 If the Banknifty Gap up opening sustains Below 43500 and takes resistance below 43500 then the open Targets for T1-43300, T2-43200,T3-43000 Major Levels 43500,43600,43700 If the market stands in this area of 43500 to 43700 then it is possible that even today the market will remain in the range.
NSE:BANKNIFTY
by mr_bull10
BANKNIFTY--SSL & BSL ??Now exactly price is neckline...but the sell side liquidity is above the 43800 levels.. after clearing the SSL then price is looking for the BSL, then we have a chance of running back to below 43200 levels... we have a chance of right shoulder here at 43500 levels...if price failed to push the price up from Right shoulder, we have a fall back to below 43200 levels, with a consolidation below 43450-43200 levels....So keep in wait mode until price clears the liquidity above 43800-43850 and falls back to right shoulder.... Will go for short side when right shoulder fails to formation.... Thank you guys for your support....
NSE:BANKNIFTY
by IIT-Trader
5
28 NOV 2023 BANKNIFTY SUPPORT AND RESISTANCE LEVELSHello Guys, Good Morning everyone, According to the data today market is going to open a Flat After A Flat opening if Banknifty sustains Above 43700 and takes Support from 43700 then open target for T1-43900, T2-44000,T3-44200 If the Banknifty Flat opening sustains Below 43500 and takes resistance below 43500 then the open Targets for T1-43300, T2-43200,T3-43000 Major Levels 43500,43600,43700 If the market stands in this area of 43500 to 43700 then it is possible that even today the market will remain in the range.
NSE:BANKNIFTYLong
by mr_bull10
BankNIFTY prediction for tomorrow 28th NovBankNIFTY has been in the range of 43300-43700. the above resistance level has been struck out multiple times; there are more chances it will break this time to the upside. Looking at the charts and OI data, all data shows bullishness in the BANKNIFTY. Reasons: Multiple times (5) resistance zone strike. make it more chances to break this time. Usually, there is a high probability after three attempts. (Bullish) Price > EMA(13,50,200) (Bullish) Bullish Crossover successful. (Bullish) 200 EMA Support downside. (Bullish) RSI > 60 crossing to upside.(Bullish) PCR: 1.03 (Bullish) Verdict: Bullish Plan of action: Sell 43800 CE once break to upside. after retest add CE buying.
NSE:BANKNIFTYLong
by finnova_