Bankniftyview
20/04/2023 BANKNIFTY SUPPORT AND RESISTANCE ZONEHello Guys,
Good Morning everyone,
According to the data today market Gap-Up is going to open
After A Gap-Up opening if Banknifty sustain Above 42230 and taking Support from 42230 then open target for T1-42350,T2-42500,T3-42600
If the Banknifty after a Gap-Up opening sustain Below 42000 and taking resistance below 42000 then the open Targets for T1-41800,T2-41600,T3-41400
Major Levels 42100,42000,42200
19/04/2023 BANKNIFTY SUPPORT AND RESISTANCE ZONEHello Guys,
Good Morning everyone,
According to the data today market Gap-Down is going to open
After A Gap-Down opening if Banknifty sustain Above 42500 and taking Support from 42500 then open target for T1-42700,T2-42900,T3-43100
If the Banknifty after a Gap-Down opening sustain Below 42100 and taking resistance below 42100 then the open Targets for T1-41900,T2-41700,T3-41500
Major Levels 42100,42500,42300
BANKNIFTY WEEKLY MARKET FORECASTThe price perfectly fulfills my last idea. The price perfectly fulfills my last idea. Sharp upward momentum seen in last week and price closes 2.50% up comparing to last week closing & #Banknifty made high of 42196 and hit the mentioned targets of 41666 & 41888. As mentioned #Banknifty given move upside as expected and now the level of #43000 is next hurdle for the Banknifty which act as resistance level for the price. we already moved +2900 points from the support level so profit booking can also seen in the price & if price holds it self at upper levels than next targets are 42444/42888 for the upside momentum the upside momentum. Positional traders can trail there SL @41888 level with the view for the upside momentum. The level of 41666 & 41888 now acts as important support for the price. Price can also Retest the mentioned support levels.
18/04/2023 BANKNIFTY SUPPORT AND RESISTANCE ZONEHello Guys,
Good Morning everyone,
According to the data today market Gap-Down is going to open
After A Gap-Down opening if Banknifty sustain Above 42400 and taking Support from 42400 then open target for T1-42600,T2-42800,T3-43000
If the Banknifty after a Gap-Down opening sustain Below 42400 and taking resistance below 42400 then the open Targets for T1-42200,T2-42000,T3-41800
Major Levels 42200,42300,42000
Banknifty 18-Apr-23 Analysis18-Apr-23
Expecting a range bound day,
If opens gapup but below 42518 then look for short
if opens gapup down but above 41593 then look for long
Sell - 42368 -> 42036
Buy - 41593 -> 42036
If opens above 42518 then wait for it to breakdown the level for a shorting opportunity. In any other case no trade day in bank nifty.
Banknifty- Prediction for short TermIt seems BANKNIFTY has completed 5 waves of (a) upside and we can witness a selloff till 39600.
Hold your breadth and be ready to buy at bottom of 40000-100 for the target indicated above...!
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This is not a trade recommendation, pls do your own analysis for any trade or investment.
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13/04/2023 BANKNIFTY SUPPORT AND RESISTANCE ZONEHello Guys,
Good Morning everyone,
According to the data today market Gap-Down is going to open
After A Gap-Down opening if Banknifty sustain Above 41500 and taking Support from 41500 then open target for T1-41671,T2-41835,T3-42000
If the Banknifty after a Gap-Down opening sustain Below 40400 and taking resistance below 40400 then the open Targets for T1-41300,T2-41100,T3-40900
Major Levels 41400,41500,41600
12/04/2023 BANKNIFTY SUPPORT AND RESISTANCE ZONEHello Guys,
Good Morning everyone,
According to the data today market Flat is going to open
After A Flat opening if Banknifty sustain Above 41600 and taking Support from 41600 then open target for T1-41800,T2-42000,T3-42200
If the Banknifty after a Flat opening sustain Below 40600 and taking resistance below 40600 then the open Targets for T1-41400,T2-41200,T3-40800
Major Levels 41600,41500,41700
BANK NIFTY is ready to witness major levels! GET READY! MOST AWAITED BREAKOUT both, daily and weekly time frame. Bullishness in RSI, a breakout after a long consolidation. This week if Bank Nifty closes with a bullish candle, banking stocks can witness a sharp rally. Today, many banking stocks have performed well. This is a great opportunity if you are planning to invest in banking stocks for a long time, But be "CAUTIOUS", and wait for a bullish weekly close.
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11/04/2023 BANKNIFTY SUPPORT AND RESISTANCE ZONEHello Guys,
Good Morning everyone,
According to the data today market Gap-Up is going to open
After A Gap-Up opening if Banknifty sustain Above 41000 and taking Support from 41000 then open target for T1-41155,T2-41300,T3-41600
If the Banknifty after a Gap-Up opening sustain Below 40700 and taking resistance below 40700 then the open Targets for T1-40500,T2-40400,T3-40300
Major Levels 41000,40900,41100
10/04/2023 BANKNIFTY SUPPORT AND RESISTANCE ZONEHello Guys,
Good Morning everyone,
According to the data today market Flat is going to open
After A Flat opening if Banknifty sustain Above 41100 and taking Support from 41100 then open target for T1-41275,T2-41400,T3-41550
If the Banknifty after a Flat opening sustain Below 40950 and taking resistance below 40950 then the open Targets for T1-40822,T2-40700,T3-40500
Major Levels 41000,40900,41100
BANK NIFTY TRADE SETUP FOR MONDAY 10-04-2023let's discuss all possibilities of bank nifty :
The ideal range of Bank nifty is 40800-41300. if we Bank nifty Break this Range we will get clear direction For Trade.
1. To buy Call:- Bank nifty has to Cross 41300 then only Call activated.
if the bank nifty cross 41300 and then take support around the resistance line then we can initiate CE buying with the 41675 targets. Sl will be 41040 or 41970.
2. to sell:- if bank nifty retest the trend line and fail to cross then we can initiate short with the target will be 40040, 40950, and 40800. Sl will be 41300.
06/04/2023 BANKNIFTY SUPPORT AND RESISTANCE ZONEHello Guys,
Good Morning everyone,
According to the data today market Gap-Up is going to open
After A Gap-Up opening if Banknifty sustain Above 41000 and taking Support from 41000 then open target for T1-41100,T2-41300,T3-41500
If the Banknifty after a Gap-Up opening sustain Below 41000 and taking resistance below 41000 then the open Targets for T1-40900,T2-40700,T3-40500
Major Levels 41000,40900,41100
05/04/2023 BANKNIFTY SUPPORT AND RESISTANCE ZONE
Hello Guys,
Good Morning everyone,
According to the data today market Gap-Down is going to open
After A Gap-Down opening if Banknifty sustain Above 40800 and taking Support from 40800 then open target for T1-41000,T2-41200,T3-41400
If the Banknifty after a Gap-Down opening sustain Below 40500 and taking resistance below 40500 then the open Targets for T1-40300,T2-40100,T3-39900
Major Levels 40500,40600,40700
03/04/2023 BANKNIFTY SUPPORT AND RESISTANCE ZONEHello Guys,
Good Morning everyone,
According to the data today market Gap-Up is going to open
After A Gap-Up opening if Banknifty sustain Above 40600 and taking Support from 40600 then open target for T1-40700,T2-40900,T3-41100
If the Banknifty after a Gap-Up opening sustain Below 40500 and taking resistance below 40500 then the open Targets for T1-40300,T2-40100,T3-39900
Major Levels 40500,40600,40700
31/03/2023 BANKNIFTY SUPPORT AND RESISTANCE ZONEHello Guys,
Good Morning everyone,
According to the data today market Flat is going to open
After A Flat opening if Banknifty sustain Above 40200 and taking Support from 40200 then open target for T1-40400,T2-40500,T3-40700
If the Banknifty after a Flat opening sustain Below 40000 last day low and and taking resistance below 40000 then the open Targets for T1-39900,T2-39700,T3-39500
Major Levels 40200,39900,40000