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Bankniftyview

BANKNIFTY--Reversal Pattern??I am sharing the important levels of Support and Resistance. These levels play a crucial role in trading decisions, as they act as reliable markers of price movements. ------>>Support levels are price points where an asset tends to find buying interest, preventing it from falling further. ---->Resistance levels, on the other hand, are points where selling pressure typically prevents the asset from rising higher. They serve as key reference points for technical analysis.
NSE:BANKNIFTY
by IIT-Trader
12
BANKNIFTY--43900 or 42900 ??I am sharing the important levels of Support and Resistance. These levels play a crucial role in trading decisions, as they act as reliable markers of price movements. ------>>Support levels are price points where an asset tends to find buying interest, preventing it from falling further. ---->Resistance levels, on the other hand, are points where selling pressure typically prevents the asset from rising higher. They serve as key reference points for technical analysis.
NSE:BANKNIFTY
by IIT-Trader
13
03NOV 2023 BANKNIFTY SUPPORT AND RESISTANCE LEVELSHello Guys, Good Morning everyone, According to the data today market is going to open a gap up After A gap up opening if Banknifty sustains Above 43400 and takes Support from 43400 then open target for T1-43500, T2-43600,T3-43700 If the Banknifty gap up opening sustains Below 43000 and takes resistance below 43000 then the open Targets for T1-42800, T2-42600,T3-42500 Major Levels 43000,43200,43500 If the market stands in this area of 43000 to 43300, then it is possible that even today the market will remain in the range.
NSE:BANKNIFTY
by mr_bull10
BANKNIFTY--Consolidation or Bullish ??A strong bullishness is observed from the 42700 levels... In today's session we observed that buyers are strong, they can't allow the sellers to take the price down... at the end of the session short positions might be closed... As long as price is above the 42680 level.. keep in long side... A flag and pole is going to observe in BANKNIFTY indicating an target of 43600 levels, which is previously a strong a demand area... Keep safe before going to short side...
NSE:BANKNIFTY
by IIT-Trader
4
BANK NIFTY INTRADAY LEVELS FOR 01/11/2023BUY ABOVE - 43050 SL - 42870 TARGETS - 43270,43380,43600 SELL BELOW - 42830 SL - 42940 TARGETS - 42660,42390,42120 NO TRADE ZONE - 42830 to 43050 Previous Day High - 43270 Previous Day Low - 42830 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 👍
NSE:BANKNIFTY
by Jagadheesh_JP
31 OCT 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 43000 and takes Support from 43000 then open target for T1-43200, T2-43400,T3-43600 If the Banknifty Flat opening sustains Below 42800 and takes resistance below 42800 then the open Targets for T1-42600, T2-42500,T3-42400 Major Levels 43000,43200,42800 If the market stands in this area of 42800 to 43200, then it is possible that even today the market will remain in the range.
NSE:BANKNIFTY
by mr_bull10
BANKNIFTY--42000 is Support??We have a strong support lies at 42000-41800 levels... If we consider yesterdays move as retracement, the fall will continue downwards upto 42000 and 41800 levels... consolidation may happens at bullish gap and strong rise @42600 will resist the price again to topside... If you see on topside we have resistance @43400 levels, which is a previous strong support may turned into resistance...Keep on short side from 43400 levels... If 42000 or 41800 failed to acts as support 41600 and 41200 levels may test this week or next week. Keep safe...don not go for risk...
NSE:BANKNIFTY
by IIT-Trader
12
BANKNIFTY--42600 Or 41800I am sharing the important levels of Support and Resistance. These levels play a crucial role in trading decisions, as they act as reliable markers of price movements. ------>>Support levels are price points where an asset tends to find buying interest, preventing it from falling further. ---->Resistance levels, on the other hand, are points where selling pressure typically prevents the asset from rising higher. They serve as key reference points for technical analysis
NSE:BANKNIFTY
by IIT-Trader
5
27 OCT 2023 BANKNIFTY SUPPORT AND RESISTANCE LEVELSHello Guys, Good Morning everyone, According to the data today market is going to open a gap up After A gap up opening if Banknifty sustains Above 42600 and takes Support from 42600 then open target for T1-42800, T2-43000,T3-43200 If the Banknifty gap up opening sustains Below 42000 and takes resistance below 42000 then the open Targets for T1-41900, T2-41800,T3-41400 Major Levels 42000,42400,42600 If the market stands in this area of 42400 to 42600, then it is possible that even today the market will remain in the range.
NSE:BANKNIFTY
by mr_bull10
BANKNIFTY--43600 or 42600 ??I am sharing the important levels of Support and Resistance. These levels play a crucial role in trading decisions, as they act as reliable markers of price movements. ------>>Support levels are price points where an asset tends to find buying interest, preventing it from falling further. ---->Resistance levels, on the other hand, are points where selling pressure typically prevents the asset from rising higher. They serve as key reference points for technical analysis
NSE:BANKNIFTY
by IIT-Trader
28
BANKNIFTY--42800 or 44400 ??Price is exactly closed at support level, at this level price taken the support multiple times... we are still having some more points in the downside @43400 level... if that breaks we will observe a great fall towards 42800 and 42000 levels... wait until that breaks and retest...don't go for short side immediately... we have a great support @42800 and 42000 levels... If support fails to push the price up, then it will continue to move downwards up to 42800 levels.. If you are looking for buy side wait until price reach to any one of these levels... or it may rise again from 43400 levels...without confirmation don't go for short side...
NSE:BANKNIFTY
by IIT-Trader
13
Bank-Nifty Breakdown or fakedown?BankNIFTY has given the breakout clearly as can be seen on the charts. Now the qiestion is will it go more down of it might bounce back to bullishness. as it seems if in morning session it shows a sign of bearishness it might go further down. Reasons: BankNIFTY has break to downside 1-D TF(time frame). (Bearish) Sharp falling of last week. (Bearish) 200 EMA might provide a good support. but is it couls not hold it will be a sharp falling again as it's also breakdown of double top. (Bearish) RSI is very low shows weak trend strength. (Bearish) Price < VWAP (Bearish) PCR = 0.47 (Huge Bearish) Verdict: Bearish, all sign shows the bearishness. Plan of action: wait for BankNifty to show bearish trend and make position accordingly.
NSE:BANKNIFTYShort
by finnova_
Short Sellers Can Be In Trouble In HDFC bankIn the given chart we can see that after big fall of two days,on daily price reverse back and close above the low of big red candle,which put short sellers in trouble who shorted on big red bars ,once price keep trading above the low of big red candle they will look for cover which can lead to short covering and also rally will resume WEEKLY RSI AND DAILY RSI IS ALSO AT 40,SUPPORT EXPECTED WITH 3 MONTHS BEEN IN FALL NEXT MONTH OR THIS MONTH CANDLE CAN BE GREEN MARK IT FRIENDS.
NSE:HDFCBANKEducation
by bhoirjanmesh3
1
BANKNIFTY--Consolidation or Breakdown??If price consolidates @43400-43800 levels and then price has a chance of manipulation(Rise) before testing the 42800 levels...so take care before long/Short.... I am sharing the important levels of Support and Resistance. These levels play a crucial role in trading decisions, as they act as reliable markers of price movements. ------>>Support levels are price points where an asset tends to find buying interest, preventing it from falling further. ---->Resistance levels, on the other hand, are points where selling pressure typically prevents the asset from rising higher. They serve as key reference points for technical analysis and are vital tools in successful trading strategies. Trade safe...Thank you guys for your support
NSE:BANKNIFTY
by IIT-Trader
23
20 OCT 2023 BANKNIFTY SUPPORT AND RESISTANCE LEVELSHello Guys, Good Morning everyone, According to the data today market is going to open a gap down After A gap down opening if Banknifty sustains Above 44700 and takes Support from 44700 then open target for T1-43800, T2-43900,T3-44100 If the Banknifty gap down opening sustains Below 43500 and takes resistance below 43500 then the open Targets for T1-43300, T2-43200,T3-43100 Major Levels 43500,43700,43600 If the market stands in this area of 43700 to 44500, then it is possible that even today the market will remain in the range.
NSE:BANKNIFTY
by mr_bull10
BANKNIFTY--44300 or 43600I am sharing the important levels of Support and Resistance. These levels play a crucial role in trading decisions, as they act as reliable markers of price movements. ------>>Support levels are price points where an asset tends to find buying interest, preventing it from falling further. ---->Resistance levels, on the other hand, are points where selling pressure typically prevents the asset from rising higher. If price breaks the resistance, we have a chance of filling the bearish gap, soo keep in buyside until it touches the zone of resistance and bearish gap. Take a look at these levels and trade accordingly. Recognizing and respecting these support and resistance levels can help traders make informed decisions and manage risk effectively. They serve as key reference points for technical analysis and are vital tools in successful trading strategies. Trade safe...Thank you guys for your support
NSE:BANKNIFTY
by IIT-Trader
10
19 OCT 2023 BANKNIFTY SUPPORT AND RESISTANCE LEVELSHello Guys, Good Morning everyone, According to the data today market is going to open a gap down After A gap down opening if Banknifty sustains Above 44100 and takes Support from 44100 then open target for T1-44200, T2-44300,T3-44400 If the Banknifty gap down opening sustains Below 43800 and takes resistance below 43800 then the open Targets for T1-43700, T2-43600,T3-43500 Major Levels 44000,44100,43900 If the market stands in this area of 43900 to 44100, then it is possible that even today the market will remain in the range.
NSE:BANKNIFTY
by mr_bull10
18 OCT 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 44500 and takes Support from 44500 then open target for T1-44700, T2-44800,T3-44900 If the Banknifty Flat opening sustains Below 44300 and takes resistance below 44300 then the open Targets for T1-44200, T2-44100,T3-44000 Major Levels 44500,44300,44200 If the market stands in this area of 44500 to 44300, then it is possible that even today the market will remain in the range.
NSE:BANKNIFTYLong
by mr_bull10
2