BANKNIFTY--Consolidation or Bearish??BANKNIFTY broken the bullish channel downside,
if tomorrow price opens gap up or bullish, keep looking for short side.
if price comes back to 48400 levels, look for short.
Lot of liquidity is lies below 47000 levels...
this time price clears the liquidity on bottom side and then tries to be bullish again.
wait until it comes to these levels and observe a rejection from the channel...
careful before going long..
If we observe again a consolidation on topside...another bullishness is going to observe soon.
Bankniftytrend
Symmetrical Triangle breakdown in BankniftyBANKNIFTY Index
Key highlights: 💡⚡
✅On 15 Min Time Frame Stock Showing Breakdown of Symmetrical Triangle Pattern .
✅ Strong bearish Candlestick Form on this timeframe.
✅It can give movement up to the Breakdown target of 47000-.
✅Can Go short in this stock by placing a stop loss above 48200+.
[INTRADAY] #BANKNIFTY PE & CE Levels(08/01/2024) Today will be gap up opening in BANKNIFTY . After opening if banknifty sustain above 48050 level then possible upside rally of 400-500 points upto 48450 & this rally can extend another 400 points if market gives breakout 48550 level.Any Major downside only expected in case banknifty starts trading below 47950 level.Also Possible Reversal Downside 48450 level.
[INTRADAY] #BANKNIFTY PE & CE Levels(05/01/2024) Today will be gap up opening in BANKNIFTY . After opening if banknifty sustain above 48050 level then possible upside rally of 400-500 points upto 48450 & this rally can extend another 400 points if market gives breakout 48550 level. Any Major downside only expected in case banknifty starts trading below 47950 level.
5 JAN 2024 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 48400 and takes Support from 48400 then open target for T1-48500, T2-48600,T3-48700
If the Banknifty gap up opening sustains Below 48000 and takes resistance below 48000 then the open Targets for T1-47800, T2-47700,T3-47600
Major Levels 48000,48200,48400
If the market stands in this area of 48200 to 48400 then it is possible that even today the market will remain in the range.
[INTRADAY] #BANKNIFTY PE & CE Levels(04/01/2024) Today will be gap up opening in BANKNIFTY . After opening if banknifty sustain above 47550 level then possible upside rally of 400-500 points upto 47950 & this rally can extend another 400 points if market gives breakout 48050 level.Any Major downside only expected in case banknifty starts trading below 47450 level. also possible reversal downside 47950 level.
4 JAN 2024 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 47800 and takes Support from 47800 then open target for T1-47900, T2-48000,T3-48100
If the Banknifty gap down opening sustains Below 47500 and takes resistance below 47500 then the open Targets for T1-47300, T2-47200,T3-47000
Major Levels 47500,47600,47800
If the market stands in this area of 47800 to 47600 then it is possible that even today the market will remain in the range.
[INTRADAY] #BANKNIFTY PE & CE Levels(03/01/2024) Today will be gap down opening in BANKNIFTY . After opening if banknifty start trading below 47450 level then possible downside rally of 400-500 points upto 47050 Level & this rally can extend another 400 points if market gives breakdown 46950 level in todays session.Any Major upside only expected in case banknifty starts trading above 47550 level.
3 JAN 2024 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 47600 and takes Support from 47600 then open target for T1-47800, T2-47900,T3-48100
If the Banknifty gap down opening sustains Below 47500 and takes resistance below 47500 then the open Targets for T1-47300, T2-47200,T3-47000
Major Levels 47500,47600,47200
If the market stands in this area of 47400 to 47600 then it is possible that even today the market will remain in the range.
[INTRADAY] #BANKNIFTY PE & CE Levels (02/01/2024) Today will be gap down opening in BANKNIFTY . After opening if banknifty start trading below 47950 level then possible downside rally of 400-500 points upto 47550 Level todays session.Any Major upside only expected in case banknifty starts trading above 48050 level.
[INTRADAY] #BANKNIFTY PE & CE Levels(01/01/2024) Today will be gap down opening in BANKNIFTY . After opening if banknifty start trading below 48450 level then possible downside rally of 400-500 points upto 48050 Level & this rally can extend another 400 points if market gives breakdown 47950 level in todays session. Any Major upside only expected in case banknifty starts trading above 48550 level. also possible reversal upside 48050 level.
01 JAN 2024 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 48600 and takes Support from 48600 then open target for T1-48700, T2-48800,T3-49000
If the Banknifty gap up opening sustains Below 48100 and takes resistance below 48100 then the open Targets for T1-48000, T2-47900,T3-47700
Major Levels 48200,48400,48500
If the market stands in this area of 48200 to 48500 then it is possible that even today the market will remain in the range.
Review and Plan for 1st January 2024Nifty future and banknifty future analysis and intraday plan in kannada.
This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post.
please consult your financial advisor before taking any action.
----Vinaykumar hiremath, CMT
BANK NIFTY INTRADAY LEVELS FOR 29/12/2023BUY ABOVE - 48620
SL - 48470
TARGETS - 48800,49000,49250
SELL BELOW - 48350
SL - 48470
TARGETS - 48200,48030.47820
NO TRADE ZONE - 48350 to 48620
Previous Day High - 48620
Previous Day Low - 48350
I am sharing BANK NIFTY levels this levels acts as important support & resistance for intraday. if you want to trade with this levels wait for 15 min Candle closing above that levels. You can trade with breakout and reversal both.
In this channel, I share my expertise in trading strategies, technical analysis, and market trends to help you make informed decisions in your trading ventures.
Stay tuned for daily updates, in-depth market analyses, and real-time trading scenarios to witness firsthand how we transform from Zero to Hero in the trading world. My Only aim is to empower you with the knowledge and skills necessary to navigate the complexities of the financial markets successfully.
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 👍
29 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 48600 and takes Support from 48600 then open target for T1-48700, T2-48800,T3-49000
If the Banknifty gap up opening sustains Below 48200 and takes resistance below 48200 then the open Targets for T1-48100, T2-48000,T3-47900
Major Levels 48200,48400,48500
If the market stands in this area of 48200 to 48500 then it is possible that even today the market will remain in the range.
[INTRADAY] #BANKNIFTY PE & CE Levels(28/12/2023) Today will be gap up opening in BANKNIFTY . After opening if banknifty sustain above 48550 level then possible upside rally of 400-500 points upto 48950 level & this rally can extend another 400 points if market gives breakout 49050 Level. Any Major downside only expected in case banknifty starts trading below 48450 level.
28 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 48400 and takes Support from 48400 then open target for T1-48500, T2-48600,T3-48800
If the Banknifty gap up opening sustains Below 48200 and takes resistance below 48200 then the open Targets for T1-48100, T2-48000,T3-47900
Major Levels 48200,48400,48000
If the market stands in this area of 48200 to 48000 then it is possible that even today the market will remain in the range.
BANK NIFTY INTRADAY LEVELS FOR 27/12/2023BUY ABOVE - 47820
SL - 47650
TARGETS - 48030,48160,48420
SELL BELOW - 47650
SL - 47820
TARGETS - 47420,47200,46900
NO TRADE ZONE - 47650 to 47820
Previous Day High - 47820
Previous Day Low - 47420
I am sharing BANK NIFTY levels this levels acts as important support & resistance for intraday. if you want to trade with this levels wait for 15 min Candle closing above that levels. You can trade with breakout and reversal both.
In this channel, I share my expertise in trading strategies, technical analysis, and market trends to help you make informed decisions in your trading ventures.
Stay tuned for daily updates, in-depth market analyses, and real-time trading scenarios to witness firsthand how we transform from Zero to Hero in the trading world. My Only aim is to empower you with the knowledge and skills necessary to navigate the complexities of the financial markets successfully.
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 👍