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BANK NIFTY INTRADAY LEVELS FOR 10/09/2024BUY ABOVE - 51260 SL - 51120 TARGETS - 51400,51550,51750 SELL BELOW - 51000 SL - 51120 TARGETS - 50890,50740,50600 NO TRADE ZONE - 51000 to 51260 Previous Day High - 51260 Previous Day Low - 50420 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. Disclaimer - All information on this page is for educational purposes only, we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made. Request your support and engagement by liking and commenting & follow to provide encouragement HAPPY TRADING 👍
NSE:BANKNIFTY
by Jagadheesh_JP
Nifty Bank Index AnalysisHere’s a summary of the key points and analysis: Trend Analysis: The chart shows a previous bearish trend that appears to be reversing or entering a consolidation phase. There are multiple points marked as "BOS" (Break of Structure), indicating changes in market direction. The recent candles indicate a potential uptrend with higher lows being formed. Fibonacci Retracement: Fibonacci levels are drawn from a recent low to a recent high, showing key levels of potential support and resistance. The 0.5 (51,479.30) and 0.618 (51,723.25) Fibonacci levels are crucial as they often act as significant support/resistance areas. The price currently seems to be testing the area between the 0.5 and 0.618 levels. Projected Move: The chart outlines a bullish scenario with price expected to move higher, potentially reaching the 1.618 Fibonacci extension level at 53,790.75. This projection is based on a strong break above the current resistance zones. Resistance and Support Zones: There are highlighted red zones which indicate strong resistance levels around 52,500 and above. A blue zone near 50,445.55 marks a significant support level, which could act as a floor if the price pulls back. Price Action Expectations: The chart suggests that if the price successfully breaks above the current resistance, it might target higher levels towards 52,513.05 initially and further up to the 1.618 extension level. However, failure to maintain this upward momentum could see the price revisiting lower support levels. This analysis outlines a bullish outlook with key levels to watch for both potential resistance and support. The price action around the Fibonacci levels will be crucial in determining the next significant move for the Nifty Bank Index.
NSE:BANKNIFTYLong
by The90sTraderOfficial
BANK NIFTY INTRADAY LEVELS FOR 09/09/2024BUY ABOVE - 50740 SL - 50600 TARGETS - 50890,51000,51170 SELL BELOW - 51420 SL - 50600 TARGETS - 50250,50100,49880 NO TRADE ZONE - 51420 to 51540 Previous Day High - 51400 Previous Day Low - 50420 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. Disclaimer - All information on this page is for educational purposes only, we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made. Request your support and engagement by liking and commenting & follow to provide encouragement HAPPY TRADING 👍
NSE:BANKNIFTY
by Jagadheesh_JP
4
BANK NIFTY INTRADAY LEVELS FOR 06 SEP 2024BUY ABOVE - 51550 SL - 51400 TARGETS - 51750,51880,51990 SELL BELOW - 51400 SL - 51550 TARGETS - 51260,51120,51020 NO TRADE ZONE - 51400 to 51550 Previous Day High - 51550 Previous Day Low - 5100 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. Disclaimer - All information on this page is for educational purposes only, we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made. Request your support and engagement by liking and commenting & follow to provide encouragement HAPPY TRADING 👍
NSE:BANKNIFTY
by Jagadheesh_JP
2
BANK NIFTY INTRADAY LEVELS FOR 05 SEP 2024BUY ABOVE - 51470 SL - 51260 TARGETS - 51600,51750,51880 SELL BELOW - 51260 SL - 51470 TARGETS - 51120,51020,50890 NO TRADE ZONE - 51260 to 51470 Previous Day High - 51470 Previous Day Low - 51260 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. Disclaimer - All information on this page is for educational purposes only, we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made. Request your support and engagement by liking and commenting & follow to provide encouragement HAPPY TRADING 👍
NSE:BANKNIFTY
by Jagadheesh_JP
BANK NIFTY INTRADAY LEVELS FOR 04 SEP 2024BUY ABOVE - 51750 SL - 51600 TARGETS - 51880,52140,52400 SELL BELOW - 51600 SL - 51750 TARGETS - 51470,51260,51120 NO TRADE ZONE - 51600 to 51750 Previous Day High - 51750 Previous Day Low - 51260 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. Disclaimer - All information on this page is for educational purposes only, we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made. Request your support and engagement by liking and commenting & follow to provide encouragement HAPPY TRADING 👍
NSE:BANKNIFTY
by Jagadheesh_JP
7
BANK NIFTY INTRADAY LEVELS FOR 03 SEP 2024BUY ABOVE - 51470 SL - 51260 TARGETS - 51620,51750,51880 SELL BELOW - 51260 SL - 51470 TARGETS - 51120,51020,50890 NO TRADE ZONE - 51260 to 51470 Previous Day High - 51470 Previous Day Low - 51260 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. Disclaimer - All information on this page is for educational purposes only, we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made. Request your support and engagement by liking and commenting & follow to provide encouragement HAPPY TRADING 👍
NSE:BANKNIFTY
by Jagadheesh_JP
BANK NIFTY INTRADAY LEVELS FOR 02 SEP 2024BUY ABOVE - 51470 SL - 51260 TARGETS - 51620,51750,51880 SELL BELOW - 51260 SL - 51470 TARGETS - 51120,51020,50890 NO TRADE ZONE - 51260 to 51470 Previous Day High - 51470 Previous Day Low - 51260 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. Disclaimer - All information on this page is for educational purposes only, we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made. Request your support and engagement by liking and commenting & follow to provide encouragement HAPPY TRADING 👍
NSE:BANKNIFTY
by Jagadheesh_JP
BANK NIFTY INTRADAY ANALYSIS FOR 30 AUG 2024BUY ABOVE - 51260 SL - 5120 TARGETS - 51500,51620,51750 SELL BELOW - 51020 SL - 51120 TARGETS - 50890,50740,50600 NO TRADE ZONE - 51020 to 51260 Previous Day High - 51400 Previous Day Low - 51020 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. Disclaimer - All information on this page is for educational purposes only, we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made. Request your support and engagement by liking and commenting & follow to provide encouragement HAPPY TRADING 👍
NSE:BANKNIFTY
by Jagadheesh_JP