06 DEC 2023 BANKNIFTY SUPPORT AND RESISTANCE LEVELSHello Guys,
Good Morning everyone,
According to the data today market is going to open gap up
After A gap up opening if Banknifty sustains Above 47100 and takes Support from 47200 then open target for T1-47300, T2-47400,T3-47600
If the Banknifty Gap up opening sustains Below 46800 and takes resistance below 46800 then the open Targets for T1-46700, T2-46600,T3-46500
Major Levels 465000,47000,47200
If the market stands in this area of 46800 to 47000 then it is possible that even today the market will remain in the range.
Bankniftytrend
[INTRADAY] #BANKNIFTY PE & CE Levels (05/12/2023) Today will be gap down opening in BANKNIFTY . After opening if banknifty start trading below 46450 level then possible downside rally of 400-500 points upto 46050 Level. Any Major upside only expected in case banknifty starts trading above 46550 level.
BANK NIFTY INTRADAY LEVELS FOR 04/12/2023BUY ABOVE - 44950
SL - 44850
TARGETS - 45090,45260,45420
SELL BELOW - 44760
SL - 44850
TARGETS - 44580,44410,44280
NO TRADE ZONE - 44760 to 44950
Previous Day High - 44630
Previous Day Low - 44060
I am sharing BANK NIFTY levels this levels acts as important support & resistance for intraday. if you want to trade with this levels wait for 15 min Candle closing above that levels. You can trade with breakout and reversal both.
In this channel, I share my expertise in trading strategies, technical analysis, and market trends to help you make informed decisions in your trading ventures.
Stay tuned for daily updates, in-depth market analyses, and real-time trading scenarios to witness firsthand how we transform from Zero to Hero in the trading world. My Only aim is to empower you with the knowledge and skills necessary to navigate the complexities of the financial markets successfully.
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 👍
[INTRADAY] #BANKNIFTY PE & CE Levels (04/12/2023) Today will be gap up opening in BANKNIFTY . After opening if banknifty sustain above 45050 level then possible upside rally of 400-500 points upto 45450 Level.And this rally can extend for another 400 points if it gives breakout of 45550 level. Any Major downside only expected in case banknifty starts trading below 44950 level.
04 DEC 2023 BANKNIFTY SUPPORT AND RESISTANCE LEVELSHello Guys,
Good Morning everyone,
According to the data today market is going to open gap up
After A gap up opening if Banknifty sustains Above 45000 and takes Support from 45000 then open target for T1-45200, T2-45300,T3-45500
If the Banknifty Gap up opening sustains Below 44700 and takes resistance below 44700 then the open Targets for T1-44600, T2-44500,T3-44400
Major Levels 45000,44800,45200
If the market stands in this area of 45200 to 45000 then it is possible that even today the market will remain in the range.
BankNIFTY prediction for tomorrowas we have already discussed Banknifty has given breakout. and yesterday it retested the 44300 level and again bulls pumped the bulls side. Now I am expecting it to move bullish whole this week. Target 1 will be 45561, then some consolidation and it will move to all time high 46250.
Reasons:
Price has already broken out 2 month breakout with Inverted HNS. (Bullish)
RSI showing bullish diversion. (Bullish)
Bullish Golden crossover successful. (Bullish)
Inverted HNS breakout and successful retesting of neck-line. (Bullish)
According to OI, PCR: 0.97 (Bullish) with max pain = 44800 or 45000.
above side only 45000 is having significiant resistance, if it's taken out bulls path will be clear for target 1 (45561)
Verdict:
Bullish
Plan of action:
Keep holding the previous position. you can add move call buy once bull intraday trend confirms.
BANK NIFTY INTRADAY LEVELS FOR 30/11/2023BUY ABOVE - 44630
SL - 44460
TARGETS - 44760,44930,45090
SELL BELOW - 44410
SL - 44530
TARGETS - 44260,44170,44060
NO TRADE ZONE - 44410 to 44630
Previous Day High - 44630
Previous Day Low - 44060
I am sharing BANK NIFTY levels this levels acts as important support & resistance for intraday. if you want to trade with this levels wait for 15 min Candle closing above that levels. You can trade with breakout and reversal both.
In this channel, I share my expertise in trading strategies, technical analysis, and market trends to help you make informed decisions in your trading ventures.
Stay tuned for daily updates, in-depth market analyses, and real-time trading scenarios to witness firsthand how we transform from Zero to Hero in the trading world. My Only aim is to empower you with the knowledge and skills necessary to navigate the complexities of the financial markets successfully.
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 👍
[INTRADAY] #BANKNIFTY PE & CE Levels (01/12/2023) Today will be gap up opening in BANKNIFTY . After opening if banknifty sustain above 44550 level then possible upside rally of 400-500 points upto 44950 Level.And this rally can extend for another 400 points if it gives breakout of 45050 level. Any Major downside only expected in case banknifty starts trading below 44450 level.
01 DEC 2023 BANKNIFTY SUPPORT AND RESISTANCE LEVELSHello Guys,
Good Morning everyone,
According to the data today market is going to open gap up
After A gap up opening if Banknifty sustains Above 44500 and takes Support from 44600 then open target for T1-44700, T2-44900,T3-45000
If the Banknifty Gap up opening sustains Below 44400 and takes resistance below 44500 then the open Targets for T1-44300, T2-44200,T3-44000
Major Levels 44500,44400,45000
If the market stands in this area of 44600 to 44800 then it is possible that even today the market will remain in the range.
[INTRADAY] #BANKNIFTY PE & CE Levels(30/11/2023) Today will be gap up opening in BANKNIFTY . After opening if banknifty sustain above 44550 level then possible upside rally of 400-500 points upto 44950 Level.And this rally can extend for another 400 points if it gives breakout of 45050 level. Any Major downside only expected in case banknifty starts trading below 44450 level.
30 NOV 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 sustains Above 44400 and takes Support from 44500 then open target for T1-44700, T2-44900,T3-45000
If the Banknifty Gap up opening sustains Below 44400 and takes resistance below 44500 then the open Targets for T1-44300, T2-44200,T3-44000
Major Levels 44500,44400,45000
If the market stands in this area of 44500 to 44700 then it is possible that even today the market will remain in the range.
BANKNIFTY--@Trendline break??Liquidity -- done on topside...
now we have a bearish gap left at 44100 levels...
on bottom side we have demand zone at 43600 levels...look for buy at 43550-43500 levels.
until price breaks the trendline. .don't think of short side...
will look for short up to demand Zone only...
BANK NIFTY INTRADAY LEVELS FOR 29/11/2023BUY ABOVE - 43960
SL - 43870
TARGETS - 44060,44170,44260
SELL BELOW - 43800
SL - 43870
TARGETS - 43740,43650,43560
NO TRADE ZONE - 43800 to 43960
Previous Day High - 43960
Previous Day Low - 43740
I am sharing BANK NIFTY levels this levels acts as important support & resistance for intraday. if you want to trade with this levels wait for 15 min Candle closing above that levels. You can trade with breakout and reversal both.
In this channel, I share my expertise in trading strategies, technical analysis, and market trends to help you make informed decisions in your trading ventures.
Stay tuned for daily updates, in-depth market analyses, and real-time trading scenarios to witness firsthand how we transform from Zero to Hero in the trading world. My Only aim is to empower you with the knowledge and skills necessary to navigate the complexities of the financial markets successfully.
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 👍
[INTRADAY] #BANKNIFTY PE & CE Levels(29/11/2023) Today will be gap up opening in BANKNIFTY . After opening if banknifty sustain above 44050 level then possible upside rally of 400-500 points upto 44450 Level. And this rally can extend for another 400 points if it gives breakout of 44550 level. Any Major downside only expected in case banknifty starts trading below 43950 level.
29 NOV 2023 BANKNIFTY SUPPORT AND RESISTANCE LEVELSHello Guys,
Good Morning everyone,
According to the data today market is going to open Gap up
After A Gap up opening if Banknifty sustains Above 43900 and takes Support from 43800 then open target for T1-44000, T2-44200,T3-44400
If the Banknifty Gap up opening sustains Below 43500 and takes resistance below 43500 then the open Targets for T1-43300, T2-43200,T3-43000
Major Levels 43500,43600,43700
If the market stands in this area of 43500 to 43700 then it is possible that even today the market will remain in the range.
BANKNIFTY--SSL & BSL ??Now exactly price is neckline...but the sell side liquidity is above the 43800 levels..
after clearing the SSL then price is looking for the BSL, then we have a chance of running back to below 43200 levels...
we have a chance of right shoulder here at 43500 levels...if price failed to push the price up from Right shoulder, we have a fall back to below 43200 levels, with a consolidation below 43450-43200 levels....So keep in wait mode until price clears the liquidity above 43800-43850 and falls back to right shoulder....
Will go for short side when right shoulder fails to formation....
Thank you guys for your support....
BANK NIFTY INTRADAY LEVELS FOR 28/11/2023BUY ABOVE - 43770
SL - 43710
TARGETS - 43870,43970,44060
SELL BELOW - 43560
SL - 43650
TARGETS - 43250,43050,42800
NO TRADE ZONE - 43560 to 43770
Previous Day High - 43800
Previous Day Low - 43560
I am sharing BANK NIFTY levels this levels acts as important support & resistance for intraday. if you want to trade with this levels wait for 15 min Candle closing above that levels. You can trade with breakout and reversal both.
In this channel, I share my expertise in trading strategies, technical analysis, and market trends to help you make informed decisions in your trading ventures.
Stay tuned for daily updates, in-depth market analyses, and real-time trading scenarios to witness firsthand how we transform from Zero to Hero in the trading world. My Only aim is to empower you with the knowledge and skills necessary to navigate the complexities of the financial markets successfully.
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 👍
[INTRADAY] #BANKNIFTY PE & CE Levels(28/11/2023) Today will be gap up opening in BANKNIFTY . After opening if banknifty sustain above 43550 level then possible upside rally of 400-500 points upto 43950 Level.And this rally can extend for another 400 points if it gives breakOUT of 44050 level. Any Major downside only expected in case banknifty starts trading below 43450 level.
28 NOV 2023 BANKNIFTY SUPPORT AND RESISTANCE LEVELSHello Guys,
Good Morning everyone,
According to the data today market is going to open a Flat
After A Flat opening if Banknifty sustains Above 43700 and takes Support from 43700 then open target for T1-43900, T2-44000,T3-44200
If the Banknifty Flat opening sustains Below 43500 and takes resistance below 43500 then the open Targets for T1-43300, T2-43200,T3-43000
Major Levels 43500,43600,43700
If the market stands in this area of 43500 to 43700 then it is possible that even today the market will remain in the range.
BankNIFTY prediction for tomorrow 28th NovBankNIFTY has been in the range of 43300-43700. the above resistance level has been struck out multiple times; there are more chances it will break this time to the upside. Looking at the charts and OI data, all data shows bullishness in the BANKNIFTY.
Reasons:
Multiple times (5) resistance zone strike. make it more chances to break this time. Usually, there is a high probability after three attempts. (Bullish)
Price > EMA(13,50,200) (Bullish)
Bullish Crossover successful. (Bullish)
200 EMA Support downside. (Bullish)
RSI > 60 crossing to upside.(Bullish)
PCR: 1.03 (Bullish)
Verdict:
Bullish
Plan of action:
Sell 43800 CE once break to upside. after retest add CE buying.
BANKNIFTY--Inverse Head and Shoulders Pattern??If tomorrow price unable to breaks 43200 levels...results in a formation of Head, so tomorrow momentum is important for us to go bullish or bearish in Bank nifty
so wait for the price to comes back to the neckline and gives us some pullback to Right shoulder then will go for long again in Bank nifty ….until keep in watch mode...
bottom side we have a bullish gap left at 42900 levels. If opens down we have a chance of rise from that levels...
BANKNIFTY Trading Near Resistance LevelSince Last Few Days, Banknifty trading in broadening wedge pattern. Currently it's trading near resistance level.
- Downside Fall Rally Can Be possible upto 43000 level if banknifty gives reversal from this level. Based on structure of pattern more chances of downside in banknifty.
- Upside rally only possible if banknifty gives breakout of this resistance zone and sustain above it.
Comment Your View>>