Review and plan for 3th November 2024Nifty future and banknifty future analysis and intraday plan.
Stock- intraday idea included.
This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post.
please consult your financial advisor before taking any action.
----Vinaykumar hiremath, CMT
Bnknifty
BankNifty 2200+ Points Profit AchievedBankNifty 2200+ Points Profit Achieved
Quick update about this short trade I took on 27th September, 2024
Almost 2200+ points done already.
The last two trades have been the most profitable trades I ve ever had in BankNifty.
A total profit of around 4900+ points !!
MASSSIVE!!!!
51300 OR 55300??!!For bank Nifty, this seems to be a much needed pit stop. Immediate target seems to be ATH and then 55300. If it breaks the base that has been created after the last high, 51300 could act as a strong support. Does not seem like a sign of weakness. Next round could be lead by PSU banks, close to the Budget.
9 AUGUST 2023 BANKNIFTY SUPPORT AND RESISTANCE LEVELSHello Guys,
Good Morning everyone,
According to the data today market is going to open Flat
After A Flat opening if Banknifty sustain Above 45000 and taking Support from 45100 then open target for T1-45300,T2-45400,T3-45500
If the Banknifty Flat opening sustain Below 45000 and taking resistance below 44800 then the open Targets for T1-44600,T2-44500,T3-44400
Major Levels 45000,44800,45200
If the market stande in this area of 45200 to 44800, then it is possible that even today the market will remain in the range.
Bank NF:High Possibility for new all time high in coming weeksThis is my positional view...it's not for a trading but buy Bank Nifty in cash...
There was a selling pressure from 44000 and from 27th January there was a buying pressure from 37000. In short there is a wide range from 44000 to 37000.
There is no strong bearish candle in monthly chart and price action pattern is very strong with higher high - lower low.
In daily chart there is a strong bullish candle on 27th Jan from supply zone and bullish candle on 3rd march from 41000-41250 supply zone.
Multiple time frame suggesting that in coming weeks it may make a new all time high.