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.
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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
Bankniftyanalysis
NSE:BANKNIFTY Analysis/Prediction for Monday 26-12-2022NSE:BANKNIFTY Analysis/Prediction for tomorrow
For Flat/Gap-UP opening
🟢 Avoid CE
🔴 Buy PE Near 41960
✔️ Target Should be 41600, 41300
For Gap Down Opening
🟢 Avoid CE
🔴 Buy PE Near 41500
✔️ Target Should be 41000, 40800
Buy CE only if one hour candle closes above 42000
Note:
🚨 Gap-UP & Gap-Down more than 200 points wait for price action.
🚨 Gap-UP & Gap-Down up-to 100 points wait for a pullback.
⚠️ Wait for the 5-minute candle to close for confirmation.
⚠️ Trade Like Either SL or Target.
⚠️ Important: Always maintain your Risk & Reward Ratio.
Disclaimer: I am not SEBI Registered Advisor.
My posts are purely for training and educational purposes.
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
Bank Nifty is on the edge of a critical trading zone.
The rising wedge price pattern marked on the price chart is a technical indicator of a potential pullback that could occur in the near future. Bank Nifty's solid uptrend will be tested at the 41620 critical trading zone parallel to previous trading activities in October 2021, September 2022, and November 2022. Buyers must rigorously defend the 41620 zone to avoid a pullback 41620 and 42386 are critical levels to watch.
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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
NSE:BANKNIFTY Analysis/Prediction for tomorrow 23-12-2022NSE:NIFTY Analysis/Prediction for tomorrow
For flat opening
🟢 Avoid CE
🔴 Buy PE Near 42640 or below 42200
✔️ Target Should be 42200, 41800
For Gap-UP opening
🟢 Avoid CE
🔴 Buy PE Near 42930 or below 42580
✔️ Target Should be 42200, 41800
For Gap Down Opening
Try only PE on every rise.
By CE only if prices sustains above 43000
Note:
🚨 Gap-UP & Gap-Down more than 200 points wait for price action.
🚨 Gap-UP & Gap-Down up-to 100 points wait for a pullback.
⚠️ Wait for the 5-minute candle to close for confirmation.
⚠️ Trade Like Either SL or Target.
⚠️ Important: Always maintain your Risk & Reward Ratio.
Disclaimer: I am not SEBI Registered Advisor.
My posts are purely for training and educational purposes.