BANK NIFTY INTRADY LEVELS FOR 02/11/2023BUY ABOVE - 42800
SL - 42620
TARGETS - 43050,43200,43380
SELL BELOW - 42620
SL - 42800
TARGETS - 42390,42120,41900
NO TRADE ZONE - 42620 to 42800
Previous Day High - 42800
Previous Day Low - 42620
I am sharing BANK NIFTY levels this levels acts as important support & resistance for intraday. if you want to trade with this levels wait for 15 min Candle closing above that levels. You can trade with breakout and reversal both.
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Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the support/resistance, it will move to the next support/resistance line. White lines indicates previous day high & low, high acts as a resistance & low acts as a support for next day.
Trendlines are also significant to price action. If the price is above/below the trendlines, can expect an UP/DOWN with aggressive move.
Please NOTE: this levels are for intraday trading only.
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Bannknifty
Bullish flag pattern Reversal in BANKNIFTYBANKNIFTY
Key highlights: 💡⚡
📈On 15 Minutes Time Frame Stock Showing Reversal of Bullish Flag Pattern .
📈 It can give movement upto the Reversal Final target of above 45955+.
📈There have chances of breakout of Resistance level too.
📈 After breakout of Resistance level this stock can gives strong upside rally upto above 46950+.
📈 Can Go short in this stock by placing a stop loss below 45610-.
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
BANKNIFTY for 2nd December 2021As expected, we did see a good move on the upside in today's session, forming a Big Bull Candle
Candle: Bull Candle
Gap up opening
Open low same - Bullish sign
Close near its low.
Now for tomorrow, it is likely that the move that started today, may continue for a few more trading sessions.
Immediate Support: 36189 - 36200, if sustained, the index can move towards its next immediate Resistance : 36692 - 36677 and also towards Further Resistance: 37617 - 37592.