Review and plan for 23rd May 2024Nifty future and banknifty future analysis and intraday plan in kannada.
This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post.
please consult your financial advisor before taking any action.
----Vinaykumar hiremath, CMT
BANKNIFTY
BANK NIFTY INTRADAY LEVELS FOR 22/05/2024BUY ABOVE - 48250
SL - 48110
TARGETS - 48460,48660,48800
SELL BELOW - 47990
SL - 48110
TARGETS - 47860,47730,47570
NO TRADE ZONE - 47990 to 48100
Previous Day High - 48250
Previous Day Low - 47990
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 👍
Review and plan for 22nd May 2024Nifty future and banknifty future analysis and intraday plan in kannada.
This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post.
please consult your financial advisor before taking any action.
----Vinaykumar hiremath, CMT
Bearish reversal in Bank Nifty?The candles have respected the resistance by 20 SMA or the basis of Bollinger Bands in the daily chart of Bank Nifty.
The trend in the first look is bullish (Dow theory) but there are signs of weakness as well.
I would avoid trading in Bank nifty but if I have to, I will sell on the rise.
#banknifty #nifty
BANK NIFTY INTRADAY LEVELS FOR 21 MAY 2024BUY ABOVE - 48200
SL - 48020
TARGETS - 48460,48660,48800
SELL BELOW - 48020
SL - 48200
TARGETS - 47860,47860,47570
NO TRADE ZONE - 48020 to 48200
Previous Day High - 48200
Previous Day Low - 47730
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 👍
Review and plan for 21st May 2024 Nifty future and banknifty future analysis and intraday plan in kannada.
This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post.
please consult your financial advisor before taking any action.
----Vinaykumar hiremath, CMT
[INTRADAY] #BANKNIFTY PE & CE Levels(17/05/2024) Today will be gap up opening in BANKNIFTY. After opening if banknifty sustain above 48050 level then possible upside rally of 400-500 points upto 48450 level in todays session. Any Major downside only expected in case banknifty starts trading below 47950 level.
BANK NIFTY INTRADAY LEVELS FOR 17 MAY 2024BUY ABOVE - 48050
SL - 47860
TARGETS - 48220,48460,48660
SELL BELOW - 47860
SL - 48050
TARGETS - 47730,47570,47400
NO TRADE ZONE - 47860 to 48050
Previous Day High - 48050
Previous Day Low - 47400
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 👍
Review and plan for 17th May 2024Nifty future and banknifty future analysis and intraday plan in kannada.
This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post.
please consult your financial advisor before taking any action.
----Vinaykumar hiremath, CMT
BANK NIFTY INTRADAY LEVELS 16 MAY 2024BUY ABOVE - 47730
SL - 47450
TARGETS - 47930,48050,48220
SELL BELOW - 47570
SL - 47730
TARGETS - 47400,47200,47000
NO TRADE ZONE - 47570 to 47730
Previous Day High - 47930
Previous Day Low - 47570
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 👍
Review and plan for 16th May 2024Nifty future and banknifty future analysis and intraday plan in kannada.
This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post.
please consult your financial advisor before taking any action.
----Vinaykumar hiremath, CMT
BANK NIFTY INTRADAY LEVELS FOR 15/05/2024BUY ABOVE - 47900
SL - 47730
TARGETS - 48050,48220,48460
SELL BELOW - 47730
SL - 47900
TARGETS - 47560,47400,47200
NO TRADE ZONE - 47730 to 47900
Previous Day High - 47900
Previous Day Low - 47570
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 👍
Review and plan for 15th May 2024Nifty future and banknifty future analysis and intraday plan in kannada.
This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post.
please consult your financial advisor before taking any action.
----Vinaykumar hiremath, CMT
BANKNIFTY Trading Strategy for 15th May, 2024 | Expiry TradeNSE:BANKNIFTY Trading Strategy for 15th May, 2024 | Bullish Reversal confirmed.
✅ Breakout from lower end of rising channel at daily chart.
✅ Breakout from Falling wedge patter at 15 min Time Frame
Trading Strategy :-
✅ Initiate CE trade if Banknifty crosses and sustains (min 30 mins) above 48000 - 48070
✅ Target - 48258/48461
✅ Initiate PE trade if Banknifty crosses 47800-47750
✅ Target - 47607/47429/47099
Look at the chart for more information
Do share your thoughts on the analysis. Lets decode the charts together.
Bank nifty Falling Channel Breakout Index managed to to close in green for the first time in this month, it bounced off from the intraday lows to close meaningfully green, Break of previous candle high of 47868 would bring us the following levels on the index in no time -
1st target - 48250
2nd target - 48660
3rd target - 49000/050
Long traders should stay cautious if the index starts reversing downside and starts sliding below 47450/500 levels!
(+/- 50 points every mentioned levels)
Review and plan for 14th May 2024Nifty future and banknifty future analysis and intraday plan in kannada.
This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post.
please consult your financial advisor before taking any action.
----Vinaykumar hiremath, CMT
Nifty Finnifty bank Nifty Tuesday 14 May 2024 Nifty Finnifty bank Nifty Tuesday 14 May 2024
the trend in nifty is sideways to negative but if price is going to trade above 22400 more power to the Nifty will come and short term trend is going to change . Nifty showed recovery from important train line in past where price has taken demand or support many times and same thing happened today with a bullish engulfing candlestick pattern
for Bank Nifty and free Nifty both indices how taken good and ample amount of support from rising train line with a good double candlestick bullish signal indicating and if the price is going to sustain above today's low for prudence a solid up move is to be getting expected
this post is for educational purpose trading recommendation or NO trading advice