Review and plan for 19th January 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 18/01/2024BUY ABOVE - 46260
SL - 46000
TARGETS - 46500,46760,47000
SELL BELOW - 46000
SL - 46200
TARGETS - 45800,45660,45490
NO TRADE ZONE - 46000 to 46260
Previous Day High - 47230
Previous Day Low - 46000
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 👍
BANKNIFTY // Where to Revert?www.tradingview.com
BANKNIFTY: After a great selling pressure and fall by more than 2000 points, BankNifty likely to revert from 44800 on Weekly Chart. It is creating a Cup & Handle Pattern which is a Bullish pattern however during making a Cup, it always goes down. There is an open gap between 45000-45500. During making the handle of the Cup, it will be filled. Hence it will satisfy the Gap theory as well. So, lets wait till it touches 44800 level on Weekly chart before entry to buy.
#Banknifty Higher timeframe Major update#Banknifty
Higher timeframe Update
There are 2 zones that I am eyeing for potential botton.
1) 45800-46300: This is a breakout zone and Banknifty has already tapped it. We can see some consolidation in this zone before any major move either side.
2) 44950-45490: Big gap pending zone. Market rarely leaves such gaps/ inefficiencies open. If this is mitigated, it would be very bullish overall for Banknifty.
[INTRADAY] #BANKNIFTY PE & CE Levels(17/01/2024) Today will be gap down opening in BANKNIFTY. After opening if banknifty start trading below 47950 level then possible downside rally of 400-500 points upto 47550 Level in todays session.Any Major upside only expected in case banknifty starts trading above 48050 level to 48450 level.
BANK NIFTY INTRADAY LEVELS FOR 17/01/2024BUY ABOVE - 48200
SL - 48050
TARGETS - 48310,48440,48620
SELL BELOW - 48050
SL - 48200
TARGETS - 47880,47750,47650
NO TRADE ZONE - 48050 to 48310
Previous Day High - 48250
Previous Day Low - 47880
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 January 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--GapUp or GapDown Banknifty is trading in a Bearish channel,now price is exactly closing below the Bearish channel top side.
In the next session we have a chance of GapDown opening...
If opens up above the major resistance,then also will look for short side if closes below the Bearish channel.
Keep safe before going long,above the channel.
BANK NIFTY INTRADAY LEVELS FOR 16/01/2023BUY ABOVE - 48200
SL - 48050
TARGETS - 48440,48620,48800
SELL BELOW - 48050
SL - 48200
TARGETS - 47880,47750,47650
NO TRADE ZONE - 48050 to 48200
Previous Day High - 48250
Previous Day Low - 47880
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(16/01/2024) Today will be gap down opening in BANKNIFTY. After opening if banknifty start trading below 47950 level then possible downside rally of 400-500 points upto 47550 Level in todays session.Any Major upside only expected in case banknifty starts trading above 48050 level & this rally can extend another 400 points if market gives breakout 48550 level.
Review and plan for 16th January 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 15/01/2024BUY ABOVE - 47750
SL - 47600
TARGETS - 477880,48070,48200
SELL BELOW - 47600
SL - 47750
TARGETS - 47420,47230,47000
NO TRADE ZONE - 47600 to 47750
Previous Day High - 47880
Previous Day Low - 47230
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.
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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(15/01/2024) Today will be gap up opening in BANKNIFTY. After opening if banknifty sustain above 47550 level then possible upside rally of 400-500 points upto 47950 level & this rally can extend another 400 points if market gives breakout 48050 level.Any Major downside only expected in case banknifty starts trading below 47450 level.also possible reversal downside 47950 level.
Breakout in Nifty
Observe the last two 15 minutes candle of the nifty chart. The second last candle was an indecesive candle with huge volume than the following last candle is a green opening morubozu with a greater volume than the previous candle, formation of the both candle is a bullish engulfing pattern.
As per the previous nifty analysis for longer time frame my view was bullish,view is still intact seeing the performance of nifty in previous daily session.
As of intraday I expect a gap-up tomorrow(15/01/2024) in this case i will wait for the price action to form opportunity and to present itself, other than this in case of of sideway opening or gap-down opening it would be best to wait for a retest of 21800-830 level or a breakout above previous week high.
NSE:NIFTY
Disclaimer- Just for educational purposes.
Review and plan for 15th January 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