[INTRADAY] #BANKNIFTY PE & CE Levels(23/02/2024) Today will be gap up opening in BANKNIFTY. After opening if banknifty sustain above 47050 level then possible upside rally of 400-500 points upto 474550 level & this rally can extend another 400 points if market gives breakout 47550 level in todays session .Any Major downside only expected in case banknifty starts trading below 46950 level. also possible reversal downside 46950 level.
Bankniftytrend
[INTRADAY] #BANKNIFTY PE & CE Levels(22/02/2024) Today will be gap up opening in BANKNIFTY. After opening if banknifty sustain above 47050 level then possible upside rally of 400-500 points upto 474550 level & this rally can extend another 400 points if market gives breakout 47550 level in todays session .Any Major downside only expected in case banknifty starts trading below 46950 level.
BANK NIFTY INTRADAY LEVELS FOR 22/02/2024BUY ABOVE - 47130
SL - 47000
TARGETS - 47360,47600,47750
SELL BELOW - 46900
SL - 47130
TARGETS - 46700,46500,46300
NO TRADE ZONE - 46900 to 47360
Previous Day High - 47360
Previous Day Low - 46900
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
[INTRADAY] #BANKNIFTY PE & CE Levels(21/02/2024) Today will be gap up opening in BANKNIFTY. After opening if banknifty sustain above 47050 level then possible upside rally of 400-500 points upto 474550 level & this rally can extend another 400 points if market gives breakout 47550 level in todays session .Any Major downside only expected in case banknifty starts trading below 46950 level.
BANKNIFTY Analysis??Double Bottom is Observed...A Strong reversal is observed from support levels @44400 levels.
A lot of liquidity is lies above the 47200 levels.
A Continuous move is identified in Banknifty index, after the liquidity grab on topside above 47200 levels,
we have a chance of fall back.
on top side we have a trendline as well.
keep safe in this area of resistance zone...
BANKNIFTY--Inverse Head & Shoulders??Banknifty Index created a inverse Head and Shoulders pattern...
price broken the neckline strongly...and retested.
on topside clearly resistance is at 46200 and 46500-46550 levels...
keep in long side until price is above the neckline...
no short side until price breaks the below ...after breaks below the neckline will think of short side for liquidity grab below support levels.
If price gives an elimination move below 45500 levels...
look for long side...up to the resistance levels.
[INTRADAY] #BANKNIFTY PE & CE Levels(20/02/2024) Today will be gap down opening in BANKNIFTY. After opening if banknifty start trading below 46450 level then possible downside rally of 400-500 points upto 46050 Level & this rally can extend another 400 points if market gives breakdown 45950 level in todays session.Any Major upside only expected in case banknifty starts trading above 46550 level.
[INTRADAY] #BANKNIFTY PE & CE Levels(19/02/2024) Today will be gap up opening in BANKNIFTY. After opening if banknifty sustain above 46550 level then possible upside rally of 400-500 points upto 46950 level in todays session .Any Major downside only expected in case banknifty starts trading below 46450 level.
[INTRADAY] #BANKNIFTY PE & CE Levels(16/02/2024) Today will be gap up opening in BANKNIFTY. After opening if banknifty sustain above 46050 level then possible upside rally of 400-500 points upto 46450 level & this rally can extend another 400 points if market gives breakout 46550 level in todays session .Any Major downside only expected in case banknifty starts trading below 45950 level. also possible Reversal downside 46450 level.
[INTRADAY] #BANKNIFTY PE & CE Levels(15/02/2024) Today will be gap up opening in BANKNIFTY. After opening if banknifty sustain above 46050 level then possible upside rally of 400-500 points upto 46450 level & this rally can extend another 400 points if market gives breakout 46550 level in todays session .Any Major downside only expected in case banknifty starts trading below 45950 level.
BANK NIFTY INTRADAY LEVELS FOR 15/02/2024BUY ABOVE - 46170
SL - 46010
TARGETS - 46300,46500,46670
SELL BELOW - 45730
SL - 46010
TARGETS - 45570,45330,45150
NO TRADE ZONE - 45730 to 46170
Previous Day High - 45730
Previous Day Low - 44950
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
[INTRADAY] #BANKNIFTY PE & CE Levels(14/02/2024) Today will be gap down opening in BANKNIFTY. After opening if banknifty start trading below 45450 level then possible downside rally of 400-500 points upto 45050 Level & this rally can extend another 400 points if market gives breakdown 44950 level in todays session.Any Major upside only expected in case banknifty starts trading above 45550 level.also possible reversal upside 45050 level.
BANK NIFTY INTRADAY LEVELS FOR 14/02/2024BUY ABOVE - 45570
SL - 45450
TARGETS - 45730,46010,46200
SELL BELOW - 45330
SL - 45470
TARGETS - 45150,44950,44740
NO TRADE ZONE - 45330 to 45730
Previous Day High - 45730
Previous Day Low - 44740
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍
BANKNIFTY--Double Bottom??BANKNIFTY index is now at support levels.....
previously a strong bullish move is observed from this levels....
Price is now at the same strong support...a lot of liquidity is lies below this levels...
on topside price is rejected by the trendline multiple times...
so we have a trendline liquidity as well on topside....
Wait for the bullish turn from this levels...or after completion of the liquidity below these levels...
as of now we have a chance of double bottom...keep in long side from this support levels.
Safe traders wait for the price to break the trendline and retracement to enter long...
this is the only short cut way to reach the 47200 levels....
those who miss the previous opportunity this is the time to look for buying...
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Reversal Falling Wedge Pattern in BANKNIFTY INDEXBANKNIFTY Index
Key highlights: 💡⚡
📈 On 15 Min Time Frame Banknifty Index Showing Reversal of Falling Wedge Pattern.
📈 It can give movement upto the Reversal Final target of Below 44560-.
📈 There have chances of breakdown of Support level too.
📈 After breakdown of Support level this Banknifty index can gives strong downside rally upto below 43544-.
📈 Can Go short in this Banknifty index by placing a stop loss Above 45802+.
BANK NIFTY INTRADAY LEVELS FOR 13/02/2024BUY ABOVE - 44950
SL - 44770
TARGETS - 45150,45330,45570
SELL BELOW - 44630
SL - 44780
TARGETS - 44430,44270,44150
NO TRADE ZONE - 44630 to 44950
Previous Day High - 45730
Previous Day Low - 44630
Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
Request your support and engagement by liking and commenting & follow to provide encouragement
HAPPY TRADING 👍