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BANKNIFTY : Bull zone 26th Dec: BANKNIFTY perfectly take over by Bulls today with full power. Now we have to see if Bull continue tomorrow and hit all levels mention in chart. it it sustain to hold this levels we may see bear in control again. Watch levels closely and study at your end. 27th Dec: Bulls are continue to touch our first level. Hopping tomorrow it will break first level. Now I have changed my Support little up as its formed new BASE on 15 min chart. Lets watch tomorrow. 28th Dec: Banknifty stuck near our resistance and unable to break first level. tomorrow Bulls required full power and gap up opening. Supported marked in Yellow is very important, although it is temporary support but can play key level if rejection in BankNifty . Lets see tomorrow price action and trade accordingly. 30th Dec: Sorry was unable to post update yesterday due to personal reason. As mentioned last time, Bulls required full power and you can see yesterday's chart for Bulls power. Its rejected exactly from our 2nd resistance. again Bulls require to prepare BN index for next up move. Levels are same as per charts. not changes. Lets wait & watch. Like, Share, Comment for regular updates. Disclaimer I am not sebi registered analyst My studies are Educational purpose only Please consult with your Financial advisor before trading or investing
NSE:BANKNIFTY
by ChartsSpecialist
29/12/2022 BANKNIFTY SUPPORT AND RESISTANCE ZONEHello Guys, Good Morning Everyone, According to the data today market small gap-Up is going to open After A gap-Up if Banknifty break last day high level and taking support from last day high above 43034 and sustain then open target for T1-43100,T2-43200,T3-43400 If the Banknifty after a gap-Up make resistance below last day high and break last day low then the open Traget for T1-42400,T2-44200,T3-42000 Major Levels 42400,42700,43034
NSE:BANKNIFTYShort
by mr_bull10
BANKNIFTY : Stuck near resistance 26th Dec: BANKNIFTY perfectly take over by Bulls today with full power. Now we have to see if Bull continue tomorrow and hit all levels mention in chart. it it sustain to hold this levels we may see bear in control again. Watch levels closely and study at your end. 27th Dec: Bulls are continue to touch our first level. Hopping tomorrow it will break first level. Now I have changed my Support little up as its formed new BASE on 15 min chart. Lets watch tomorrow. 28th Dec: Banknifty stuck near our resistance and unable to break first level. tomorrow Bulls required full power and gap up opening. Supported marked in Yellow is very important, although it is temporary support but can play key level if rejection in BankNifty. Lets see tomorrow price action and trade accordingly. Like, Share, Comment for regular updates. Disclaimer I am not sebi registered analyst My studies are Educational purpose only Please consult with your Financial advisor before trading or investing
NSE:BANKNIFTY
by ChartsSpecialist
major levels marked..VOLATILITY IS HIGH, we really need to manage our RRR in ongoing market conditions. iv is high so option buying is making more sense. but one has to keep an eye on these major levels as the market is showing bullishness but it could be a pullback. so for buying side don't take the trade with huge qty because we are having 43000 and 43500 resistance on top and these levels may trigger some selling. even I will be watching these levels closely and will not be going to trade with big qty. Best of luck traders.
NSE:BANKNIFTY
by SIRKEVIN