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Banknify

Banknifty for tomorrow 15 Nov 2022Banknifty opened with a slight gap on the upside at 42177 vs the previous close at 42137. Price did not sustain the gap and moved lower but traded within the range of the previous day's candle, forming inside the candle. You can clearly see the price action on the hourly chart, and how well prices moved with Friday's first-hour candle. Now breakout on either side would decide the fate of the bank nifty in the short term. Long terms charts are still positive. Immediate support @ 42000 Further Support @ 41380-4140 Immediate Resistance at 42200 Plan your trade accordingly
NSE:BANKNIFTY
by manuagarwal21
Banknifty key levels for Aug 04th 2021Looking at hourly and 15 mina charts it looks good on up side. All major banknifty constituents like Axis, HDFC Bank, ICICI Bank, Kotak, Indusind, Bajaj Twins, etc have shown good strength today and likely to continue. As banknifty was in sideways for long, RSI on daily and longer time horizon is yet to confirm strong bullish trend. Looking at overall scenario, index is looking bullish. (not worried even if a small slide / sideways happens tomorrow post today's upswing)
NSE:BANKNIFTYLong
by dvjagadeesh
#BANKNIFTY 1HR Trend line breakout so its possible to drop!#BANKNIFTY Price broke the trend line and the retest also taken the retest area will be formed in shooting star candlestick pattern so its possible to move the next support level 34449 Why we like it: trend line broken and retest taken formed shooting star candlestick pattern price will be below the 200EMA & 50EMA 1st support: 34449 Next Zone area & horizontal swing Low support 1st Resistance 35173 Zone area & horizontal swing high resistance
NSE:BANKNIFTYShort
by Skandhatrade
BANKNIFTY Watch for the premium differencesNSE:BANKNIFTY yesterday we capped a near perfect expiry trading session in BANKNIFTY, despite choppiness it played well with our trend decider areas. For today While we have opened in spot above trend decider, the futures continue to be within the previous day reference. We have to be mindful of the premiums. From a immediate BNF levels point of view we are watching these two areas. 1. Long above 22780 areas for 22000 and higher 2. Pullback into below the trend decider (22590 ) for a move to 22350 and lower Note: BNF lot sizes have increased to 25 What is a TREND DECIDER- That one price point or zone , where our view flips. Bullish above, bearish Below
NSE:BANKNIFTY
by PowerTrades