BANKNIFTY EOD Analysis 10th June 2022 - More Downfall is coming!NSE:BANKNIFTY Is in full control of BEARS, as the downfall is continuous and looks like everyone is Selling.
Downward Parallel Channel strategy is working pretty solid as you can see in the graph
Even the last bounce we got is DEAD CAT BOUNCE and looks like it would not hold.
Next TGT on downside is easily 34180 levels and around the BUYZONE shown in graph.
On upside, BNF to face huge resistance at 34650-34800 levels, which seems intact in near term.
Bankniftyoptions
NiftyBank Futures Key Trading Levels for 10th June 22NiftyBank Futures Key Trading Levels for 10th June 22
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
Leave a comment that is helpful or encouraging. Let's master the markets together.
Banknifty view for 10/04/22Bank nifty opened gap down and in the last trading hour it shot up breaking, sustaining and closing above the 20 DMA.
Thou, on horly time frame it has closed between the 2 moving averages.
On 15 minute analysis, it has taken resisitance from its 200 ema in final minutes of session.
Support :- 35000, 35800
Resistance :- 35200, 35300
Markets can remain sideways or in the uptrend.
Wait and watch the price action near the levels before trading the market.
NiftyBank Futures Key Trading Levels for 9th June 22_ExpiryNiftyBank Futures Key Trading Levels for 9th June 22
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
Leave a comment that is helpful or encouraging. Let's master the markets together.
BANKNIFTY EOD analysis June 8th 2022NSE:BANKNIFTY had a huge movement today on both sides, but managed to stay within a close range which we discussed in my last post.
Now, NSE:BANKNIFTY - needs to give a decisive move either below 34650 for BIG BEARS to come in action.
Chances of UPSIDE are less, as it seems like Sell at every Upmove, if it comes then BNF has to break 35450 levels with good volumes to see some SHORT covering.
I'm mostly in wait n watch mode currently, but I'm more biased on Down move to come in BNF.
NiftyBank Futures Key Trading Levels for 8th June 22NiftyBank Futures Key Trading Levels for 8th June 22
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
Leave a comment that is helpful or encouraging. Let's master the markets together.
NiftyBank Futures Key Trading Levels for 7th June 22NiftyBank Futures Key Trading Levels for 7th June 22
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
Leave a comment that is helpful or encouraging. Let's master the markets together.
BANKNIFTY heading down to 34800 levels ? Time to go SHORTBANKNIFTY is showing weak signals and may go down to 34800 levels.
Due to heavy intraday selling pressure from FIIs specially in Banking/Financial sectors, is pulling Nifty Bank.
BANKNIFTY has to break above 35450 levels decisively with Big Green candle w/t heavy volumes to scare the Bears.
If BANKNIFTY is unable to hold 35175 levels, then it can fall drastically to 34800 levels which is a strong Buy Zone.
NiftyBank Futures Key Trading Levels For 6th June 2022#NiftyBank Futures Key Trading Levels For 6th June 2022
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
Leave a comment that is helpful or encouraging. Let's master the markets together.
NiftyBank Futures Key Trading Levels for 3rd June 22NiftyBank Futures Key Trading Levels for 3rd June 22
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
Leave a comment that is helpful or encouraging. Let's master the markets together.
NiftyBank Futures Key Trading Levels for 2nd June 22_ExpiryNiftyBank Futures Key Trading Levels for 2nd June 22_Expiry
isclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
Leave a comment that is helpful or encouraging. Let's master the markets together.
NiftyBank Futures Key Trading Levels for 1st June 22NiftyBank Futures Key Trading Levels for 1st June 22
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
Leave a comment that is helpful or encouraging. Let's master the markets together.
NiftyBank Futures Key Trading Levels for 31st May 22NiftyBank Futures Key Trading Levels for 31st May 22
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
Leave a comment that is helpful or encouraging. Let's master the markets together.
Banknifty view for 31/05/22.Bank nifty opened gap up but couldn't hold the level of 36000.
Bank nifty was weak as conpare to nifty and closed below its 200 DMA.
On 15 minute analysis, it closed below 20 ema.
Support :- 35800, 35660, 35400
Resistance :- 36000, 36230
Nifty and banknifty both traded in opposite directions.
Wait and watch the price action near the levels before trading the market.
NiftyBank Futures Key Trading Levels for 30th May 22
NiftyBank Futures Key Trading Levels for 30th May 22
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
Leave a comment that is helpful or encouraging. Let's master the markets together.
BANKNIFTY Daily and Weekly Technical AnalysisBANKNIFTY Daily/Weekly timeframe analysis shows firstly that BANKNIFTY is following this Disjoint Channel from quite sometime this year. Also, shows that on higher side it needs to break above 36050 levels with force n volume with big single day candle to scare the bears and run for cover. This upmove can trigger a short covering rally and cause upward further momentum.
But chances of downside also can't be ignored as 36000 lvls can act as strong Resistance in this coming week.
Note: Levels are of BANKNIFTY futures n not of underlying Index
NiftyBank Futures Key Trading Levels for 27th May 22NiftyBank Futures Key Trading Levels for 27th May 22
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
Leave a comment that is helpful or encouraging. Let's master the markets together.