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Niftybank

Banknifty Monthly LevelsMagic Lines: All supports are not for buy level. As like all resistance are not for sell levels After long research and back testing we find which S&R is for sell level & which S&R is buy level. In that result we give the pure intraday levels in charts. BLUE LINE ARE BUY LEVELS ORANGE LINES ARE SELL LEVELS IF OPENING 15MIN CANDLE TOUCH BLUE LINE GO FOR LONG/ IF OPEING 15 MIN CANDLE TOUCH ORANGE LING GO FOR SHORT. There are 10 different pattern for getting entry in market with this line if anyone interested please command below ...
NSE:BANKNIFTY1!Long
by AadhanTrading
#banknifty analysis for 5th April:- #banknifty analysis for 5th April:- Decision Zone:- 33,650 - 33,825 Resistance Zone:- 33,990 / 34,360 / 34,566 / 34,650 - 34,750 / 35,020 Support:- 33,750 / 33,520 / 33,320 We have mount Everest seating at 34,360 - 34,650 zone, where sell-off might trigger again and if these levels are crossed, we might see 35,500, follwed up to 36,500. On lower time frame, we see inverted head & shoulder, which gives a upside targets of 34,380 / 34,566 / 34,753 / 35,020 / 35,350 One of the best forms of PA action is not to predict but to act on the price, chart tells you where, when & how to act on price. Wait for the decision points on the chart to act else don't trade. E.g. One of the important DP is the weekly low, if the weekly low is broken, then only you will short else you won't. John Maynard Keynes said, “the markets can remain irrational longer than you can remain solvent.” So be cautious and flexible as market conditions evolve. Always trade what you see, never trade what you feel. Make this a habit, you won't be requiring any seminar, webinar, or mentor, you will be self-sufficient. Regards, SG
NSE:BANKNIFTY
by subhagghosh
13
#banknifty analysis for 1st April:- #expiry #banknifty analysis for 1st April:- Decision Zone:- 33,411 - 33,527 Resistance Zone:- 33,698 / 33,990 / 34,360 / 34,650 / 35,100 Support:- 33,310 /33,175 / 33,050 / 32,751 / 32,500 / 31,600 We have mount Everest seating at 34,360 - 34,650 zone, where sell-off might trigger again and if these levels are crossed, we might see 36,500. One of the best forms of PA action is not to predict but to act on the price, chart tells you where, when & how to act on price. Wait for the decision points on the chart to act else don't trade. E.g. One of the important DP is the weekly low, if the weekly low is broken, then only you will short else you won't. John Maynard Keynes said, “the markets can remain irrational longer than you can remain solvent.” So be cautious and flexible as market conditions evolve. Always trade what you see, never trade what you feel. Make this a habit, you won't be requiring any seminar, webinar, or mentor, you will be self-sufficient. Regards, SG
NSE:BANKNIFTY
by subhagghosh
2
#banknifty analysis for 31th Mar:- #banknifty analysis for 31th Mar:- Decision Zone:- 33,808 - 33,990 Resistance Zone:- 34,360 / 34,650 / 35,100 Support:- 33,600 / 33,361 /33,175 / 33,050 / 32,831 We have mount Everest seating at 34,360 - 34,650 zone, where sell-off might trigger again and if these levels are crossed, we might see 36,500. One of the best forms of PA action is not to predict but to act on the price, chart tells you where, when & how to act on price. Wait for the decision points on the chart to act else don't trade. E.g. One of the important DP is the weekly low, if the weekly low is broken, then only you will short else you won't. John Maynard Keynes said, “the markets can remain irrational longer than you can remain solvent.” So be cautious and flexible as market conditions evolve. Always trade what you see, never trade what you feel. Make this a habit, you won't be requiring any seminar, webinar, or mentor, you will be self-sufficient. Regards, SG
NSE:BANKNIFTY
by subhagghosh
2
#banknifty analysis for 30th Mar:- #banknifty analysis for 30th Mar:- We can say that short term and the medium-term trend is down because the index is trading below its 20 & 50 EMA lines (34,492 / 34020), however, the longer-term trend is still up as we are above rising 100 & 200 SMA (32,135 / 37,270) and there is no negative crossover. As per Dow Theory, we are making constant lower low & lower high, I will turn myself as a speculator, if I say, there is a reversal on the chart (many TA are claiming the reversal looking at SGX for the last 2 sessions). To be honest, I don't see anything for reversal, we are in a downtrend and until the falling channel breaks upward and holds, the trend doesn't change. 34,360 -34,644 is the amount of Everest to cross, only if closing above this zone, we might break this trend, and then you can go for positional longs. Decision Zone:- 33,698 Resistance Zone:- 33,901 / 34,360 / 34,650 / 35,100 Support:- 33,361 /33,175 / 33,050 / 32,831 One of the best forms of PA action is not to predict but to act on the price, chart tells you where, when & how to act on price. Wait for the decision points on the chart to act else don't trade. E.g. One of the important DP is the weekly low, if the weekly low is broken, then only you will short else you won't. John Maynard Keynes said, “the markets can remain irrational longer than you can remain solvent.” So be cautious and flexible as market conditions evolve. Always trade what you see, never trade what you feel. Make this a habit, you won't be requiring any seminar, webinar, or mentor, you will be self-sufficient. Regards, SG
NSE:BANKNIFTY
by subhagghosh
4
#banknifty analysis for 25th Mar:- #expiry#banknifty analysis for 25th Mar:- #expiry Decision Zone:- 33,390 -33,490 Resistance Zone:- 33,700 / 34,275 Support:- 33,000 / 32,751 - 32,877 / 32,488 / 32,050. Daily closing below gap of 33,305 - 33,583 is not at all a good sign, the next support is 32,877 (breakout restest) & 32,751 (61.8% of the fall)zone if this fails to hold we move back to 31,404 (last line of medium-term trend). I see two reversal areas 32,750 or 31,500, if we don't get a reversal we will move into a medium-term bearish trend. The move from 29,687.8 to 37,708.75 is 8021 point rally,we have retraced 50% (33,698), current low is 33,203. 38.2% retracement was 34,645 which was breached and we touched 50% retracement, now if today's low is broken, we move toward 61.8% retracement which is placed at 32,751 (last hope for bulls), if this support is breached we head towards 100% retracement towards 29,687. Important pivot level is 33,800 & 50% fall is 33,698:- Ideally no longer till we cross 34,650 levels and we get a daily closing above this level. Be-long if, 33,700 holds else to be on the short side. One of the best forms of PA action is not to predict but to act on the price, chart tells you where, when & how to act on price. Wait for the decision points on the chart to act else don't trade. E.g. One of the important DP is the weekly low, if the weekly low is broken, then only you will short else you won't. John Maynard Keynes said, “the markets can remain irrational longer than you can remain solvent.” So be cautious and flexible as market conditions evolve. Always trade what you see, never trade what you feel. Make this a habit, you won't be requiring any seminar, webinar, or mentor, you will be self-sufficient. Ref:- in.tradingview.com Regards, SG
NSE:BANKNIFTY
by subhagghosh
10
#banknifty analysis for 24th Mar:-#banknifty analysis for 24th Mar:- Decision Zone:- 34,055 - 34,117 Resistance Zone:- 34,430 - 34,639 ,34,900 / 35,300 Support:- 33,850/ 33,583 / 33,305 / 32,751 The move from 29,687.8 to 37,708.75 is 8021 point rally,we have retraced 50% (33,698), current low is 33,361. 38.2% retracement was 34,645 which was breached and we touched 50% retracement, now if today's low is broken, we move toward 61.8% retracement which is placed at 32,751 (last hope for bulls), if this support is breached we head towards 100% retracement towards 29,687. Important pivot level is 34,055 & 38.2% fall is 34,645:- Ideally no longer till we cross 34,650 levels and we get a daily closing above this level. On an hourly time frame, 34,430 - 34,645 is a tough resistance area, until it's crossed, we will continue to remain under pressure. One of the best forms of PA action is not to predict but to act on the price, chart tells you where, when & how to act on price. Wait for the decision points on the chart to act else don't trade. E.g. One of the important DP is the weekly low, if the weekly low is broken, then only you will short else you won't. John Maynard Keynes said, “the markets can remain irrational longer than you can remain solvent.” So be cautious and flexible as market conditions evolve. Always trade what you see, never trade what you feel. Make this a habit, you won't be requiring any seminar, webinar, or mentor, you will be self-sufficient. Regards, SG
NSE:BANKNIFTY
by subhagghosh
7
#banknifty analysis for 23rd Mar:-#banknifty analysis for 23rd Mar:- Decision Zone:- 33,652 -33,770 Resistance:- 34,110 / 34,430 / 34,645 / 35,100 Support:- 33,305 / 32,751 / 32,137 The move from 29,687.8 to 37,708.75 is 8021 point rally,we have retraced 50% (33,698), current low is 33,361. 38.2% retracement was 34,645 which was breached and we touched 50% retracement, now if today's low is broken, we move toward 61.8% retracement which is placed at 32,751 (last hope for bulls), if this support is breached we head towards 100% retracement towards 29,687. Important pivot level is 33,960 & 38.2% fall is 34,645:- Ideally no longer till we cross 34,650 levels and we get a daily closing above this level. On an hourly time frame, 34,430 - 34,645 is a tough resistance area, until it's crossed, we will continue to remain under pressure. One of the best forms of PA action is not to predict but to act on the price, chart tells you where, when & how to act on price. Wait for the decision points on the chart to act else don't trade. E.g. One of the important DP is the weekly low, if the weekly low is broken, then only you will short else you won't. John Maynard Keynes said, “the markets can remain irrational longer than you can remain solvent.” So be cautious and flexible as market conditions evolve. Always trade what you see, never trade what you feel. Make this a habit, you won't be requiring any seminar, webinar, or mentor, you will be self-sufficient. Regards, SG
NSE:BANKNIFTY
by subhagghosh
4
#banknifty analysis for 22nd Mar:-#banknifty analysis for 22nd Mar:- Decision Zone:- 33,950 -34,075 Resistance:- 34,430 / 34,645 / 35,100 Support:- 33,583 / 33,305 / 32,751 The move from 29,687.8 to 37,708.75 is 8021 point rally,we have retraced 50% (33,698), current low is 33,361. 38.2% retracement was 34,645 which was breached and we touched 50% retracement, now if today's low is broken, we move toward 61.8% retracement which is placed at 32,751 (last hope for bulls), if this support is breached we head towards 100% retracement towards 29,687. Important pivot level is 34,075 & 38.2% fall is 34,645:- Ideally no longer till we cross 34,650 levels and we get a daily closing above this level. How to trade? Use buy-in dips till 33,300 holds and below 33,300 you can do blind sell for the target of 31k / 29k. The whole situation stabilizes if the close above 34,650. On an hourly time frame, 34,430 - 34,645 is a tough resistance area, until it's crossed, we will continue to remain under pressure. One of the best forms of PA action is not to predict but to act on the price, chart tells you where, when & how to act on price. Wait for the decision points on the chart to act else don't trade. E.g. One of the important DP is the weekly low, if the weekly low is broken, then only you will short else you won't. John Maynard Keynes said, “the markets can remain irrational longer than you can remain solvent.” So be cautious and flexible as market conditions evolve. Always trade what you see, never trade what you feel. Make this a habit, you won't be requiring any seminar, webinar, or mentor, you will be self-sufficient. Regards, SG
NSE:BANKNIFTY
by subhagghosh
3
#banknifty analysis for 17th Mar:-#banknifty analysis for 17th Mar:- #banknifty PCR is 0.50, for every put written, we have 2x call written off, short-covering, it comes, can be deadly. Decision Zone :- 34,996 - 35,199 is a no trading zone, above positive & below negative. Currently, the range is 34,500 to 36,100 Support:- 34,700 / 34,550 / 34,400 Resistance:- 35,328 /34,572 /35,686 / 36,028 / 36,463 It's a flag formation on an hourly time frame, probability is for the higher breakout. My basic analysis remains the same:- One of the best forms of PA action is not to predict but to act on the price, chart tells you where, when & how to act on price. Wait for the decision points on the chart to act else don't trade. E.g. One of the important DP is the weekly low, if the weekly low is broken, then only you will short else you won't. John Maynard Keynes said, “the markets can remain irrational longer than you can remain solvent.” So be cautious and flexible as market conditions evolve. Always trade what you see, never trade what you feel. Make this a habit, you won't be requiring any seminar, webinar, or mentor, you will be self-sufficient. Ref:- Elliot Wave 1 H TF analysis:- Regards, SG
NSE:BANKNIFTY
by subhagghosh
6