Bank Niftythis is only guess work. nobody can predict 100 percent. there could be some pull back next week. possible pullback first lvl or upto 40900 to 4100. if its breaks 39000 then down trend. eventually external news plays more important role in market trend. always check news and other markets for analysis when trading. every body would know by now.
Bankniftyview
23/02/2023 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 high 40200 and taking Support from 40300 then open target for T1-40500,T2-40700,T3-40900
If the Banknifty after a Gap-Up opening sustain last day low Below 39900 and and taking resistance below 39900 then the open Targets for T1-39800,T2-39700,T3-39500
Major Levels 40000,40200,39900
Tommorow Banknifty levels After a big selling in today's market we can expect more selling in banknifty on tomorrow market bcz our target was 39440
Sell Banknifty below 39910 (if candle was close below this level)
Target 39824 39627 39450
Sl 40105
Buy banknifty above 40105(candle close above it)
Target 40202 40325 40465
Sl 39910
Pin Point Prediction Of Bank Nifty For 23-2-23Hello Traders,
This fall of today was predicted yesterday . To make your trading easy Every day I predict trend and behaviors' of market in form of marking and predictions so that you trading can be easy. For more detail for tomorrow trading can be seen below,
#BANKNIFTY will BREAKOUT OR BREAKDOWN!!!!!#Banknifty yesterday already moved (+700) Points & needs to consolidate between 41800 To 42000 Range. #42000 Is Strong Resistance and hurdle for the banknifty. After Consolidation market can give good move towards DOWNSIDE OR UPSIDE. Till the breakout wait & watch as Today there is expiry also. Premium Decay will fast.
22/02/2023 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 high 40600 and taking Support from 40600 then open target for T1-40600,T2-40800,T3-41200
If the Banknifty after a Gap-down opening sustain last day low Below 40200 and and taking resistance below 40200 then the open Targets for T1-40000,T2-39800,T3-439600
Major Levels 40800,40600,40400
#Banknifty Intraday for 21st February 2023The banking sector looks weaker compared to others, which is the main reason for the current decline moves. The market sentiments change so quickly, so you must take action on a certain level, either for continuation or reversal.
Today Intraday Range is 40,900 to 40,570
20/02/2023 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 high 41200 and taking Support from 41200 then open target for T1-41400,T2-41600,T3-41800
If the Banknifty after a Gap-Up opening sustain last day low Below 40900 and and taking resistance below 40900 then the open Targets for T1-40700,T2-40500,T3-40300
Major Levels 41200,41000,40900
OFSSOracle Financial Services Software Ltd.
Oracle Financial Services Software Ltd. is forming a good pattern, there is a good accumulation happening at current levels.
Oracle Financial Services Software Ltd. is Symmetrical chart pattern breakout wait for entry about of confirmation candle.
This channel is for only educational purpose. Any Profit/loss, I am not responsible.
Sector: IT - Software
Industry: Computers - Software - Medium / Small
#banknifty analysisNifty Bank, or Bank Nifty, is an index comprised of the most liquid and large capitalised Indian banking stocks. It provides investors with a benchmark that captures the capital market performance of Indian bank stocks. The index has 12 stocks from the banking sector.
The top stocks of the index include HDFC Bank Ltd. 31.61%, ICICI Bank Ltd. 18.20%, Axis Bank Ltd. 13.02%, Kotak Mahindra Bank Ltd. 12.74% and State Bank of India 10.92%. Bank Nifty, like others, is computed using free float market capitalization method. It's index variant includes NIFTY Bank Total Returns Index or Bank NiFty TRI. The index was launched in 2003.
17/02/2023 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 high 41530 and taking Support from 41530 then open target for T1-41659,T2-41862,T3-42000
If the Banknifty after a Gap-Down opening sustain Below 41530 and and taking resistance below 41530 then the open Targets for T1-41318,T2-41186,T3-41049
Major Levels 41500,41600,41400
16/02/2023 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 last day high 41800 and taking Support from 41800 then open target for T1-41900,T2-42100,T3-42200
If the Banknifty after a Gap-Up opening sustain Below 41500 and and taking resistance below 41500 then the open Targets for T1-41400,T2-41300,T3-41100
Major Levels 41800,41500,41600
Banknifty Technical AnalysisBroke the triangle and is ready to do the retest. Once the consolidation level forms within the current market range, we can expect a surge of 400 points. I am taking a risky trade here with an SL of 170 points and a TP of 450 points. If anyone wants to take my trade plan take an affordable risk or wait for the consolidation level forms and break above the consolidation level so that we can be somewhat sure to take the medium risk(after all, this is trading no one can predict 100%). So, take risks accordingly.
14/02/2023 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 8th Feb high 41400 and taking Support from 41400 then open target for T1-41560,T2-41600,T3-41700
If the Banknifty after a Gap-UP opening sustain Below last day low 41100 and and taking resistance below 41100 then the open Targets for T1-41000,T2-40900,T3-40800
Major Levels 41100,41300,41400
BANK NIFTY: TommorowNSE:BANKNIFTY A lot of consolidation going on at previous gap region. For the past six days it has not given a close above the gap (41680) or below the gap (41380)
Any daily close above or below the mentioned level can take the NSE:BANKNIFTY the much need direction. Though the bias based on price actions on upper side.
Till the time NSE:BANKNIFTY gives a direction avoid all positional bets and stick to intraday levels for day trade.
NSE:BANKNIFTY Hourly time frame VCP formation. Important to watch out is 41680 which is the upper level mentioned above. The up thrust candles have above average volume, which is a good sign.
NSE:BANKNIFTY Intraday immediate support resistance levels are marked here.
For more detailed picture check out the below link