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Bankniftyview

BANKNIFTY--45600 Or 42800The BANKNIFTY index is showing strong bullish pressure to reach again to test the triangle breakout level on topside. If price breaks and retest will enter long to the top side. if price breaks below and gives us retracement will go for short side. Breakout and retest is important for us to reach the ATH or below 43400 levels. On top side if price breaks 45100 and retest of the trendline go for buy up to 45200,45600. If price breaks bottom side and gives us retracement will enter short side, to the targets of 43400 and 42800 levels. where a strong level of support build at this place.
NSE:BANKNIFTY
by CA_Pearl
1
31 AUGUST 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 sustain Above 44000 and taking Support from 44100 then open target for T1-44200,T2-44300,T3-44500 If the Banknifty Flat opening sustain Below 44000 and taking resistance below 44000 then the open Targets for T1-43900,T2-43800,T3-43600 Major Levels 44000,44200,43900 If the market stande in this area of 44200 to 44000, then it is possible that even today the market will remain in the range.
NSE:BANKNIFTY
by mr_bull10
30 AUGUST 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 sustain Above 44900 and taking Support from 45000 then open target for T1-45200,T2-45300,T3-45400 If the Banknifty Gap-Up opening sustain Below 44500 and taking resistance below 44400 then the open Targets for T1-44300,T2-44200,T3-44000 Major Levels 44500,44300,44700 If the market stande in this area of 44500 to 44800, then it is possible that even today the market will remain in the range.
NSE:BANKNIFTY
by mr_bull10
BANKNIFTY--Breakout or Breakdown??Drop base drop is observed @44720 levels.... Rally base rally is observed from 44400 levels... tomorrow these are my point of intrest for shorting and buying levels.... If a continuous fall is detected from 44720 levels, then will be on bearish mode until 44400,44300,44120 levels and below... If we consider the above drop is a weak one...will be bullish above 44720 level break and retest... to be continued on top side for targets of 44800,44950 and 45100 and above we have a liquidity lies on that area.... Will see what happens in the next session.
NSE:BANKNIFTY
by IIT-Trader
23
BANKNIFTY--Liquidity lies @43400 ??If case 2 happens, and the strong support @43800 push the price upside... or price breaks the 43800 and also breaks the 43400 levels... The result of case 2 is a formation of Head.... the 45100 level acts as Neckline... the level @44300 is a left shoulder.... the neckline again pushes the price downside to form a right shoulder... If price failed to break the neckline or price failed to create a right shoulder, all these indications belongs to more fall in Bank nifty.... The same fall will continues up to 42800 levels. Until keep on sell side... The chances of Gap down is observed at 45100-44900 level...as every one is ready to look for calls... (Thinks this time price breaks 45100 level) so don't go for buy or short without confirmation. at this level do not carry any positions... Plan A:: Bullish from 43800 levels or (after break of 43400 levels).. to 45100 levels Or 44900 level. Plan B:: Short side from 45000 levels to Right Shoulder.... here will check right shoulder forms are fall continuation.... (The manipulation area @ Right shoulder) Plan C:: Short side Continuation from 45000 levels to below Right shoulder, up to 42800-42600 levels. This month end will manipulate, looks like bullish above 45000 levels, but it is more bearish from the same level up to 42800 levels.... next month from Bearish to consolidation and then bullish... Keep safe..... Rare Case ::Plan D :: Break of Neckline and reaches to 46000 levels. No chance of Plan D as clears the liquidity below 43400 levels and test of 42800 levels is required... Note :: I am not available for Next 1 or 2 weeks so giving much information... Take care Guys... If available will try to do some analysis... Thanks guys for your support....
NSE:BANKNIFTY
by IIT-Trader
7
24 AUGUST 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 sustain Above 44800 and taking Support from 45000 then open target for T1-45200,T2-45300,T3-45500 If the Banknifty Gap-Up opening sustain Below 44000 and taking resistance below 43800 then the open Targets for T1-43600,T2-43500,T3-43400 Major Levels 44000,43800,44500 If the market stande in this area of 44500 to 44800, then it is possible that even today the market will remain in the range.
NSE:BANKNIFTY
by mr_bull10
BANKNIFTY--43600 or 44800.The Bank nifty index opens negative and continue downwards....it is a continuous fall... today price opens gap down and fills the gap....no sign of bullishness..... If we consider this as Gap down + strong fall as exhaustion of sellers... From tomorrow on wards price is bullish. we can also think that, it's a continuous bearish as it opened down and filled the gap...and may continues to downwards further.... Still it is in confusion for buyers...as it is still in bearish...No sign of bullishness... If it is a continuous bullishness...we will enter in a retracement. If fake out happens @43800 levels will enter again long for targets of 44800 levels. Take care guys....
NSE:BANKNIFTY
by IIT-Trader
25
22 AUGUST 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 sustain Above 44000 and taking Support from 44100 then open target for T1-44200,T2-44400,T3-44600 If the Banknifty Flat opening sustain Below 43700 and taking resistance below 43700 then the open Targets for T1-43500,T2-43400,T3-43300 Major Levels 44000,43800,44100 If the market stande in this area of 44000 to 43700, then it is possible that even today the market will remain in the range.
NSE:BANKNIFTY
by mr_bull10
18 AUGUST 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 sustain Above 44000 and taking Support from 44100 then open target for T1-44200,T2-44400,T3-44600 If the Banknifty Gap-Down opening sustain Below 43700 and taking resistance below 43700 then the open Targets for T1-43500,T2-43400,T3-43300 Major Levels 44000,43800,44100 If the market stande in this area of 44100 to 43800, then it is possible that even today the market will remain in the range.
NSE:BANKNIFTY
by mr_bull10
Banknifty - Strong Daily Demand AreaBank Nifty has touched its strong daily demand area which coincides with weekly demand area as well. This demand area has given a 2700 points run in the recent days. So expecting a good bounce back towards 44500 and 45,000 HDFC has touched its demand area. 1768 Axis has also touched good support area - 929 Kotakbank almost touched its gap based demand area -1776 (1764 is the actual demand area) ICICI touched daily support area 946 SBI touched its magical number 555 So we can expect a big bull run in Bank nifty which will push Nifty towards 20,000. OI chart also indicates good support near 43800 and 43700 but it has a resistance at 44, 000 which will cause a short covering rally. Moreover Bank Nifty was down 6% straight 21 days from 21-July ( so Burry's short news would have factored in already) , so expecting a good short covering rally in Bank Nifty. Note: This is only for educational purpose.
NSE:BANKNIFTYLong
by sam669999999999
BankNifty levelsUtilizing the support and resistance levels of BankNifty, along with the 5-minute timeframe candlesticks and VWAP, can enhance the precision of trade entries and exits on or near these levels. It is crucial to recognize that these levels are not static, and they undergo alterations as market dynamics evolve. The dashed lines on the chart indicate the reaction levels, serving as additional points of significance. We trust that this information proves valuable to you. * If you found the idea appealing, kindly tap the Boost icon located at the bottom right. We encourage you to share your thoughts and comments regarding it. Wishing you successful trading endeavors!
NSE:BANKNIFTY
by sacxe