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Bankniftytradesetup

BANKNIFTY--@Trendline Resistance??BANKNIFTY Index is showing bearishness from 47200 levels... On top side price created a trendline...now until price breaks the trendline keep ur view to short only.. failed to consolidate on topside..to move upside.. so its time to look for short near the trendline... tomorrow chance of upside and test the trendline and again turned to bearish again... to grab the liquidity below the demand zones. on bottom side we have supports at 46200 and 45800 levels wait for the price to come to these zones, enter here to continue long side again.
NSE:BANKNIFTY
by IIT-Trader
6
BANK NIFTY INTRADAY LEVELS FOR 28/02/2024BUY ABOVE - 46700 SL - 46560 TARGETS - 46900,47080,47200 SELL BELOW - 46450 SL - 46560 TARGETS - 46300,46450,46300 NO TRADE ZONE - 46560 to 46700 Previous Day High - 46700 Previous Day Low - 46300 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
BANK NIFTY INTRADAY LEVELS FOR 27/02/2024BUY ABOVE - 46700 SL - 46560 TARGETS - 46900,47080,47200 SELL BELOW - 46450 SL - 46560 TARGETS - 46300,46100,45930 NO TRADE ZONE - 46450 to 46700 Previous Day High - 46900 Previous Day Low - 46560 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
15
27 FEB 2024 BANKNIFTY SUPPORT AND RESISTANCE LEVELSHello Guys, Good Morning everyone, According to the data today market is going to open gap down After A gap down opening if Banknifty sustains Above 46500 and takes Support from 46500 then open target for T1-46700, T2-46800,T3-47000 If the Banknifty gap down opening sustains Below 46400 and takes resistance below 46400 then the open Targets for T1-46300, T2-46200,T3-46000 Major Levels 46500,46400,46700 If the market stands in this area of 46400 to 46600 then it is possible that even today the market will remain in the range.
NSE:BANKNIFTY
by mr_bull10
BANK NIFTY INTRADAY LEVELS FOR 26/02/2024BUY ABOVE - 47080 SL - 46900 TARGETS - 47200,47360,47600 SELL BELOW - 46700 SL - 46900 TARGETS - 46450,46300,46100 NO TRADE ZONE - 46700 to 47080 Previous Day High - 47200 Previous Day Low - 46700 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
26 FEB 2024 BANKNIFTY SUPPORT AND RESISTANCE LEVELSHello Guys, Good Morning everyone, According to the data today market is going to open flat After A gap flat opening if Banknifty sustains Above 47200 and takes Support from 47200 then open target for T1-47300, T2-47400,T3-47600 If the Banknifty flat opening sustains Below 46800 and takes resistance below 46800 then the open Targets for T1-46700, T2-46600,T3-46500 Major Levels 47000,46800,46500 If the market stands in this area of 47000 to 46800 then it is possible that even today the market will remain in the range.
NSE:BANKNIFTY
by mr_bull10
BANKNIFTY--Case1 or Case2??BANKNIFTY Index is showing bearish pressure after the liquidity grab above 47200 levels, tomorrow we have a chance of price trading in a channel and likely to test the demand zones at 46500 levels... these two possible cases may happens :: Case1::Rally base Rally A strong rise is observed from the demand zone at 46500 levels, by creating a bearish channel price may test this demand and again be bullish. on topside if rally base rally happens the next resistance is 47600-47700. So take care of your trades. Case 2:: Rally Base Reversal On topside we have a triple top, which is a strong resistance so, we can expect a break below the the demand zone and it will continue its movement towards bottom side. Look for buy if the price grabs the liquidity on below the demand zones and keep in long side from demand zones.
NSE:BANKNIFTY
by IIT-Trader
12
NIFTY INTRADAY LEVELS FOR 23/02/2024BUY - 22250 SL - 22170 TARGETS -22300,22350,22400 SELL - 22170 SL - 22250 TARGETS - 22120,22070,22020 NO TRADE ZONE - 22170 to 22250 Previous Day High - 22250 Previous Day Low - 21890 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:NIFTY
by Jagadheesh_JP
BANK NIFTY INTRADAY LEVELS FOR 22/02/2024BUY ABOVE - 47130 SL - 47000 TARGETS - 47360,47600,47750 SELL BELOW - 46900 SL - 47130 TARGETS - 46700,46500,46300 NO TRADE ZONE - 46900 to 47360 Previous Day High - 47360 Previous Day Low - 46900 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
2
Nifty trade setup (check caption for detail)Index witnessed a strong upmove after initial cool off Index witnessed highest ever closing today with Nifty surpassing the mark of 22200 level Going forward ⏩ now Support comes at 22100-22060 area on the lower end followed by 21930 The overall trajectory as can be seen by visible price action suggest that nifty can continue to inch further up towards 22500-22550 areas As long as support of 21930 -21950 is intact The best part for the day is the strong move in banking index especially in the giant Hdfc bank which suggest that the move can extend further by taking support of banking stocks & Twitter wala pratik2358 believes that as long as there is no proper bearish signal, just staying short is a waste of opportunity.
NSE:NIFTYLong
by pratik2358
BANKNIFTY--Inverse Head & Shoulders??Banknifty Index created a inverse Head and Shoulders pattern... price broken the neckline strongly...and retested. on topside clearly resistance is at 46200 and 46500-46550 levels... keep in long side until price is above the neckline... no short side until price breaks the below ...after breaks below the neckline will think of short side for liquidity grab below support levels. If price gives an elimination move below 45500 levels... look for long side...up to the resistance levels.
NSE:BANKNIFTY
by IIT-Trader
1