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Bankniftyview

BANK NIFTY ANALYSIS FOR 13/07/2023I think so tomorrows market is in bearish view is that major trend line was breaks with price good price action after that only we will see bullish view in the market other wise don't go with buy side BUY ABOVE - 44720 SL - 44600 TARGETS - 44850,44940,45100 SELL BELOW - 44600 SL - 44720 TARGETS - 44500,44260,44100 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. I'm not well guys 🫀💉🩸So I'm not sure about Updating the market moment in the live market.... If possible I'll update at that time If you like my levels then keep this levels into your Charts & Follow the levels Strictly HAPPY TRADING GUYS
NSE:BANKNIFTY
by Jagadheesh_JP
BANKNIFTY--Retest and Rise ??Observations:: price a strong fall is witnessed today as well... noticed that fall happens after a consolidation... if consolidation + Downside =Up...may be possible... we are still left with the bullish gap left below @previous resistance.. if this previous resistance will acts as support or not, we have a trendline confirmation as well to go long... wait until price breaks the trendline and retest to enter long. If a continuous fall happens...enter break of the previous resistance and retest of strong resistance.
NSE:BANKNIFTY
by IIT-Trader
2
13 JULY 2023 EXPIRY DAY 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 44500 and taking Support from 44600 then open target for T1-44700,T2-44800,T3-45000 If the Banknifty Gap-Up opening sustain Below 44400 and taking resistance below 44400 then the open Targets for T1-44200,T2-44100,T3-44000 Major Levels 45000,44500,44600 If the market stande in this area of 45000 to 44500, then it is possible that even today the market will remain in the range.
NSE:BANKNIFTY
by mr_bull10
BANKNIFTY--Consolidation + Upside = Fall ??Observations:: If we see on daily time frame, price has broken the previous resistance at 44200 level, with a strong consolidation. price moved to the upside with strong consolidation. let us consider this as a consolidation + upside == Fall. price is not giving any sort of retest to the previous resistance 44200 level. If we observe a pullback towards the previous resistance, price will fall until 44200 level. If we see a slow pullback towards 44200 we can observe a bullishness again.. from 44200. If there a chance of huge fall from upside... we don't have a chance of buy opportunity again from 44200 level. price will continuously fall happens below 44200 levels, this time 43400 level will also break. Be cautious. On bottom side price created a demand zone @43800,will push the price towards 44200. Here 2 possibilities, if price falls below 44200 level,43800 gives support.. if the previous resistance acts as resistance price fall happens from 44200 again. but if the same level acts as demand will observe again a bullish up to ATH.
NSE:BANKNIFTY
by IIT-Trader
2
BANKNIFTY Analysisobservations:: price again proven that a sign of bearishness.... Price broken our POI for sell,moving slowly to the upside... broken the trendline..in smaller time frame and fall back...no oppurtunity to enter long... today we have a major trendline if this trendline again acts as resistance...it will again fall back.. the big red candle is pushing the price little up... An decending triangle is formed....which is also a sign of bullishness from the previous resistance level... without knowing we cannot take entry on buy side... will wait for trendline break and retest....to go long from resistance acts as support.
NSE:BANKNIFTY
by IIT-Trader
5
BANKNIFTY--Consolidation to Resistance @44500 ??Observations:: the previous resistance @44500 level is broken by opening a huge gap up then price is immediately testing the resistance with a single red candle... tomorrow this red candle...won't allow the price to go down... but price wants to fill the small gap up....which is left almost 55-60 points gap.. if we see from top price is continuously falling...from 45600 levels... if tomorrow price wants to fill this gap....and big red candle rejecting the price downwards.. and above we have strong demand acts as resistance again... considering all these 3 points results in a consolidation market... in which levels these consolidation takes place...i.e from 45000-44650 levels.... what happens if price starts consolidation... if price consolidates to test the previous resistance... which indicates a bullishness again from 44500 levels... if a continuous falling happens price will again test the 44000-44100 levels. All this is a pre- post market analysis, live market is entirely different from these analysis... will see on live market what happens.
NSE:BANKNIFTY
by IIT-Trader
3
12 JULY 2023 EXPIRY DAY 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 last day Above 45200 and taking Support from 45200 then open target for T1-45400,T2-45500,T3-45700 If the Banknifty Gap-Up opening sustain Below 44700 and taking resistance below 44700 then the open Targets for T1-44500,T2-44600,T3-44400 Major Levels 45200,45000,44800 If the market stande in this area of 45200 to 44800, then it is possible that even today the market will remain in the range.
NSE:BANKNIFTY
by mr_bull10
11 JULY 2023 EXPIRY DAY BANKNIFTY SUPPORT AND RESISTANCE LEVELS Hello Guys, Good Morning everyone, According to the data today market is going to open Gap-Up After A Gap-Up opening if Banknifty sustain last day Above 45200 and taking Support from 45200 then open target for T1-45400,T2-45500,T3-45700 If the Banknifty Gap-Up opening sustain Below 44700 and taking resistance below 44700 then the open Targets for T1-44500,T2-44600,T3-44400 Major Levels 45200,45000,44800 If the market stande in this area of 45200 to 44800, then it is possible that even today the market will remain in the range.
NSE:BANKNIFTY
by mr_bull10
BANKNIFTY--Bullish Gap or Bearish Gap??Observations: 1.price opened in a demand zone and failed to take the price up wards... 2.The hidden demand zone acts as support and price moves up and gives pullback... 3.Yesterday's demand zone resist the price to go up....and price falls back... 4.while breaking the demand zone price, leaves a bearish gap and continue its fall till the hidden demand zone... 5.Bullish gap is still not able reach. so we have 2 options now... which gap fills 1.Bullish gap 2.Bearish gap. if price opens below gap1, we can expect a immediate fall happens and fills the bullish gap2. so be careful here, don't initiate a short as soon as opens ..wait for the right opportunity and enter. Based on the price opening we will decide which gap is going to fill 1st. and also price has created its 1st low...and given us pullback to sell... so on Monday if price opens below 1st low, then its created a 2nd low, which confirms bearish sign. then price is immediately created a lower high again...so will look for buy at that time.. then we can expect a bearish gap be finished and price may again fall, or continue moving up again. lets see what happens on live market. All this is a premarket analysis, live market is entirely different from the pre and post market analysis. our assumptions and calculations all are changes... so we have to act smart and continue with the price movement and observe the reactions at the demand and supply zones, support and resistance zones. supply becomes demand and vice versa. Support becomes resistance and vice versa.
NSE:BANKNIFTY
by IIT-Trader
6
BANKNIFTY--Will Right shoulder formed to fill Bullish Gap??Observations:: previous resistance zone @45300-45350,is again an hurdle to move the price upside, the demand zone @45450 again resisting the price to go up. we don't get any sell opportunity today...price wont breaks the 45000 level. now price is near to its trendline in smaller time frames.. if that breaks and retest will enter on short side by keeping the stop loss above 45300-45350 zone, for targets of bullish gap left below. Previous strong buy ness from 45000 level becomes weak, price is slowly moving to test the demand acts as supply one more time. will see tomorrow if price breaks the trendline, and gives retest will enter on short side..
NSE:BANKNIFTY
by IIT-Trader
2
06 JULY 2023 EXPIRY DAY 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 45400 and taking Support from 45400 then open target for T1-45600,T2-45700,T3-45800 If the Banknifty Gap-Down opening sustain Below 45000 and taking resistance below 45000 then the open Targets for T1-44800,T2-44700,T3-44600 Major Levels 45200,45000,44800 If the market stande in this area of 45000 to 45200, then it is possible that even today the market will remain in the range.
NSE:BANKNIFTY
by mr_bull10
BANKNIFTY--Expiry is Bullish or BearishObservations:: we have previous resistance at 45300-45350 zone...which is strong. yesterday price tested the demand acts as supply zone and falls below... if this zone 45300-45350 acts as resistance price falls again.. if we want to short wait until price breaks 45000 level, and retest or pullback to previous demand zones... then enter for short for target of 44800,bullish gap. No long is suggested...will have strong resistances...
NSE:BANKNIFTYShort
by IIT-Trader
6
BANKNIFTY--Bullish Gap be filled??Observations:: Price action is completely bullish... a strong bullishness is observed from the 44900 level, even after opening gapup. tomorrow this level is resist the price to godown again... if consolidation happens at this level, we can expect an upside movement after filling the gap below to above levels. on top we observed a consolidation + plus strong bullish, with an immediate fall is observed from 45500 level, if this level acts as resistance we will observe some correction... its not a sign of reversal...keep in mind. one more gap is left @44400 level also. Will see in live market what happens.... All these are our assumptions only..... live market is entirely different from the pre market analysis.
NSE:BANKNIFTY
by IIT-Trader
06 JULY 2023 EXPIRY DAY 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 45000 and taking Support from 45000 then open target for T1-45200,T2-45400,T3-45600 If the Banknifty Gap-Down opening sustain Below 45200 and taking resistance below 45200 then the open Targets for T1-44800,T2-44700,T3-44600 Major Levels 45200,45000,44800 If the market stande in this area of 44800 to 45200, then it is possible that even today the market will remain in the range.
NSE:BANKNIFTYShort
by mr_bull10