Bank Nifty levels for 14 Oct 2022Good morning 🌞
Have a profitable day 💰👍🏻
Morning Market Update 14 Oct 2022
SGX NIFTY is indicating a Positive opening
👉 SGX NIFTY is trading at 17252 up by 295 points
👉 US futures are in Green
👉 ASIAN Market is in Green
👉 USDINR at 82.18
In Nifty 17000 PE and 17000 CE have high Open Interest in weekly
In BankNifty 38500 PE and 39000 CE have high Open Interest in weekly
👉 Asia-Pac Stocks Are Higher And Take Impetus From The Gains On Wall St Which Staged An Aggressive Comeback Amid Several Factors Including A Dovish ECB Staff Model View, UK U-Turn Speculation And A Touted Short Squeeze; ASX 200 (+1.5%), Nikkei 225 (+2.3%), KOSPI (+1.5%)
👉 STOCKS TO WATCH:
INFOSYS, ANGEL ONE, POWER MECH, MINDTREE, COAL, HDFC LIFE, CYIENT, ANAND RATHI, DEN NETWORKS, TATA STEEL LONG, RELIANCE, KPI GREEN
👉 Stocks Ban In F&O: Delta Corp, Indiabulls Hsg
My view today 👇
we can see some profit booking in first 1 hour. Nifty above 17280 levels is good for longs and Bank Nifty 39300 levels above is good for longs
BANK-NIFTY
Bank Nifty Levels for 12 oct 2022Good morning 🌞
Have a profitable day 💰👍🏻
Pre-Market Report 12 Oct 2022
SGX NIFTY is indicating a Flat opening
👉 SGX NIFTY is trading at 16964.5 up by 0.14%
👉 US futures are in RED
👉 ASIAN Market is in RED
👉 USDINR at 82.31
In Nifty 17000 PE and 17200 CE have high Open Interest in weekly
In Bank Nifty 38500 PE and 39000 CE have high Open Interest in weekly
👉 Asia-Pac Stocks Begin Subdued Following The Choppy Performance And Late Selling Stateside After BoE Governor Bailey Rejected Calls For An Extension To Gilt Purchases Beyond The Friday Deadline; ASX 200 (-0.1%), Nikkei 225 (-0.2%), KOSPI (-0.1%)
👉 STOCKS TO WATCH:
DELTA CORP, KIRLOSKAR ELECTRIC, L&T FINANCE, GENESYS INTL, SPANDANA SPHOORTY, SUZLON, TCS, RELIANCE, DLF, GUJARAT PIPAVAV
👉 Stocks Ban In F&O: Delta Corp, Indiabulls Hsg, India Cement
My view today 👉 Any gap up will again get correction today, I will look for a selling opportunity.
Tomorrow banknifty levels Today we see Banknifty in range . For us tommorow view was very clear by following today's chart . Buy banknifty only above the level we give to you bcz these level was major resistance in banknifty
Buy banknifty above 40688
Target 40754 40836 40947
Sl 40515...if market open with gap up then buy it according to our level and if it open above our level thn 41040 41243 41383
Sell bank nifty below 40517
Target 40427 40304 40151
Sl 40685
Banknifty important levels #banknifty
15.min tf......................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................
MY BIAS WILL REMAIN NEUTRAL FOR TOMORROW...ALL is already explained on charts.
the rest we will see tomorrow morning about any good or bad news. overall market sentiments are bearish and no any other positive news yet. thats y we will keep our bias neutral. caz we are at very major levels. we have to keep our RRR. the rest is history.
intraday bank nifty analysiswe can see a ascending traingle pattern formation on 15M time frame.
if the price breaks PDH(34800) we can go long with targets of 34000 and 34200.
if price break the level of 34400-34350, this will formate a double top pattern, resulting in subsequent fall with targets of 33100 and 33000 as well.
BROOKS: TAGET 200%Hello traders!
We've come again with another stock breaking up the trend line and closing above the 6ma. Entry can be taken at cmp with a tiny SL with a huge risk reward, that is 1:35. Rest the details are on the chart.
Feel free to ask in the comment box if you have any questions regarding this analysis.
DISCLAIMER: This analysis is only for educational purpose and should not be considered as trading recommendations.