BANKNIFTY : can break first level? 26th Dec: BANKNIFTY perfectly take over by Bulls today with full power. Now we have to see if Bull continue tomorrow and hit all levels mention in chart. it it sustain to hold this levels we may see bear in control again.
Watch levels closely and study at your end.
27th Dec: Bulls are continue to touch our first level. Hopping tomorrow it will break first level. Now I have changed my Support little up as its formed new BASE on 15 min chart. Lets watch tomorrow.
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Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Please consult with your Financial advisor before trading or investing
Bankniftyview
27/12/2022 BANKNIFTY SUPPORT AND RESISTANCE ZONEHello Guys,
Good Morning Everyone,
According to the data today market Small gap-up is going to open
After A gap-up if banknifty taking support Last day High above 42846 and sustain then open target for T1-43400,T2-43800,T3-44000
If the Banknifty after a gap-up sustain below Last day high 42846 break 22th dec low 42230 and sustain below thw low then the open Traget for T1-41300,T2-41200,T3-41000
Major Levels 42800,42500,42230
BANK NIFTY VIEWBank nifty is more bullish than NIFTY.
It is better to wait till 43000 level. If the trendline is broken then it is expected to touch the high formed by BN.
Else it will be good to short at 43000 level.
Trade safe. Manage risk. Be profitable.
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Disclaimer :- This is just my view. Please analyze charts yourself and then decide to take any trades.
BANKNIFTY : Level for tomorrow BANKNIFTY perfectly take over by Bulls today with full power. Now we have to see if Bull continue tomorrow and hit all levels mention in chart. it it sustain to hold this levels we may see bear in control again.
Watch levels closely and study at your end.
Like, Share, Comment for regular updates.
Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Please consult with your Financial advisor before trading or investing
26/12/2022 BANKNIFTY SUPPORT AND RESISTANCE ZONEHello Guys,
Good Morning Everyone,
According to the data today market Small gap-up is going to open
After A gap-up if banknifty taking support Last Daylow above 41600 and sustain then open target for T1-42000,T2-42300,T3-42600
If the Banknifty after a gap-up sustain below 41600 making a support The open Traget for T1-41300,T2-41200,T3-41000
Major Levels 41600,41300,41800
Tomorrow banknifty levels For us tommorow was important . 41520 was most important level for Banknifty if it break that thn seller was in full selling zone and big selling was come .
Buy banknifty above 41520
Target 41668 41824 41935 42090
Sl 41500
Sell Banknifty below 41510
Target 41351 41295 41114
Sl 41668
Bank Nifty Trade Setup for 26 DEC 2022 Disclaimer :
I am not a SEBI registered Analyst so please do your own Analysis before taking any action.
The above view is shared just for educational purpose.
By no means shall be responsible for any losses amounting out of it incase if any trades on it.
It is just a view, pls trade at your own risk. NSE:BANKNIFTY
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Possible move in NIfty & Bank nifty, Not an intraday Setup Friends,
here with i have shared view on possible move of nifty and bank nifty in coming days. we may see some more sessions of ups and down in both index,
Banknifty - Clearly in a bearish trend now but still if we move above 43k then trend may change.
22/09/2022 BANKNIFTY SUPPORT AND RESISTANCE ZONEHello Guys,
Good Morning Everyone,
According to the data today market gap-up is going to open
After A gap-up if banknifty taking support above 43000 and sustain then open target for T1-43250,T2-43500,T3-43850
If the Banknifty after a gap-up sustain below 43000 The open Traget for T1-42750,T2-42500,T3-42410
Major Levels 43000,43200,
21/12/2022 BANKNIFTY SUPPORT AND RESISTANCE ZONEHello Guys,
Good Morning Everyone,
According to the data today market gap-up is going to open
After A gap-up if banknifty taking support above last day high and sustain above 43400 then open target for T1-43600,T2-43800,T3-444150
If the Banknifty after a gap-up sustain below last day high (43400) The open Traget for T1-42850,T2-42600,T3-42610
Major Levels 43400,43500,43000
20/12/2022 BANKNIFTY SUPPORT AND RESISTANCE ZONEHello Guys,
Good Morning Everyone,
According to the data today market small gap-Down is going to open
After A gap-Down if banknifty taking support above the trend line and sustain above 43400 then open target for T1-43500,T2-43600,T3-43750
If the Banknifty after a gap-Down Break the trend line and sustain below demand zone (43200) The open Traget for T1-43150,T2-43000,T3-42950
Major Levels 43200,43300,443450
19/12/2022 BANKNIFTY SUPPORT AND RESISTANCE ZONEHello Guys,
Good Morning Everyone,
According to the data today market small gap-Up is going to open and choppy day happened
After A gap-up if banknifty taking support from last day low and sustain above 43000 then open target for T1-43200,T2-43400,T3-43600
If the Banknifty after a gap-up Sustain Below last day low(43000) The open Targets for T1-42900,T2-42800,T3-42708
Major Levels 43000,43400,42800
BANKNIFTY FOR COMING WEEK - 19 Dec to 23 Dec 20221. Monthly Timeframe
Bullish - Charts are in great shape
Bullish Candle closed near highs- November 2022
Made new high this month( Dec 2022)
Monthly Support @ 38300-39100
Good as long, as the price sustains above support levels :)
2. Weekly Timeframe
Shooting star candle is on an all-time high.
Weakness is expected in the coming week.
Swing Trades - Sell on Rise.
Support @ 40300- 40800.
Volatility may increase.
Expecting both side swings.
Week high would act as resistance - 44151.
3. Daily Timeframe
Gap Down indecisive candle at support
Might see Gap up or gap down opening on Monday
Immediate support at 42940-43100
Further support at 42200- 42450
4. Hourly Timeframe
Sell-off, followed by a pause near the support area.
Selling - Near Resistance or below support
Precise levels for swing and intraday traders
Immediate resistance at 43500
Further resistance at 43884- 43893
Disclaimer: Only for educational purpose