22 DEC 2023 BANKNIFTY SUPPORT AND RESISTANCE LEVELSHello Guys,
Good Morning everyone,
According to the data today market is going to open gap up
After A gap up opening if Banknifty sustains Above 48000 and takes Support from 48000 then open target for T1-48200, T2-48300,T3-48500
If the Banknifty gap up opening sustains Below 47500 and takes resistance below 47500 then the open Targets for T1-47300, T2-47200,T3-47000
Major Levels 48000,47500,48200
If the market stands in this area of 48000 to 48200 then it is possible that even today the market will remain in the range.
Bankniftytradesetup
BANK NIFTY INTRADAY LEVELS FOR 21/12/2023BUY ABOVE - 47420
SL - 47200
TARGETS - 47650,47820,48000
SELL BELOW - 47200
SL - 47420
TARGETS - 46900,46760,46500
NO TRADE ZONE - 47200 to 47420
Previous Day High - 48160
Previous Day Low - 47200
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.
In this channel, I share my expertise in trading strategies, technical analysis, and market trends to help you make informed decisions in your trading ventures.
Stay tuned for daily updates, in-depth market analyses, and real-time trading scenarios to witness firsthand how we transform from Zero to Hero in the trading world. My Only aim is to empower you with the knowledge and skills necessary to navigate the complexities of the financial markets successfully.
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 👍
21 DEC 2023 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 47000 and takes Support from 47000 then open target for T1-47200, T2-47300,T3-47500
If the Banknifty gap up opening sustains Below 47500 and takes resistance below 47500 then the open Targets for T1-47300, T2-47200,T3-47000
Major Levels 47000,47500,47200
If the market stands in this area of 47000 to 47200 then it is possible that even today the market will remain in the range.
BANKNIFTY--Trading in a channel??Bank nifty is trading in a channel
if the bottom channel failed to push the price upside...
fall will happens below 46500 levels...either by consolidation or strong bearish momentum
More liquidity lies below this levels...
keep safe....wait until the price breaks the channel for bearishness...
BANK NIFTY INTRADAY LEVELS FOR 20/12/2023BUY ABOVE - 48000
SL - 47820
TARGETS - 48200,48420,48600
SELL BELOW - 47650
SL - 48020
TARGETS - 47400,47200,47020
NO TRADE ZONE - 47650 to 48000
Previous Day High - 48000
Previous Day Low - 47650
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.
In this channel, I share my expertise in trading strategies, technical analysis, and market trends to help you make informed decisions in your trading ventures.
Stay tuned for daily updates, in-depth market analyses, and real-time trading scenarios to witness firsthand how we transform from Zero to Hero in the trading world. My Only aim is to empower you with the knowledge and skills necessary to navigate the complexities of the financial markets successfully.
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 👍
20 DEC 2023 BANKNIFTY SUPPORT AND RESISTANCE LEVELSHello Guys,
Good Morning everyone,
According to the data today market is going to open gap up
After A gap up opening if Banknifty sustains Above 48000 and takes Support from 48000 then open target for T1-48200, T2-48300,T3-48500
If the Banknifty gap up opening sustains Below 47600 and takes resistance below 47600 then the open Targets for T1-47500, T2-47300,T3-47200
Major Levels 48000,47800,47000
If the market stands in this area of 48000 to 47800 then it is possible that even today the market will remain in the range.
19 DEC 2023 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 48000 and takes Support from 48000 then open target for T1-48200, T2-48300,T3-48500
If the Banknifty flat opening sustains Below 47600 and takes resistance below 47600 then the open Targets for T1-47500, T2-47300,T3-47200
Major Levels 48000,47800,47000
If the market stands in this area of 48000 to 47800 then it is possible that even today the market will remain in the range.
BANK NIFTY INTRADAY LEVELS FOR 19/12/2023BUY ABOVE - 48000
SL - 47820
TARGETS - 48200,48420,48600
SELL BELOW - 47650
SL - 48020
TARGETS - 47400,47200,47020
NO TRADE ZONE - 47650 to 48000
Previous Day High - 48200
Previous Day Low - 47820
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.
In this channel, I share my expertise in trading strategies, technical analysis, and market trends to help you make informed decisions in your trading ventures.
Stay tuned for daily updates, in-depth market analyses, and real-time trading scenarios to witness firsthand how we transform from Zero to Hero in the trading world. My Only aim is to empower you with the knowledge and skills necessary to navigate the complexities of the financial markets successfully.
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 👍
18 DEC 2023 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 48200 and takes Support from 48200 then open target for T1-48300, T2-48400,T3-48500
If the Banknifty flat opening sustains Below 48000 and takes resistance below 48000 then the open Targets for T1-47800, T2-47700,T3-47600
Major Levels 48000,48200,47800
If the market stands in this area of 48000 to 48200 then it is possible that even today the market will remain in the range.
BANK NIFTY INTRADAY LEVELS FOR 18/12/2023BUY ABOVE - 48200
SL - 48040
TARGETS - 48420,48600,48800
SELL BELOW - 47940
SL - 48080
TARGETS - 47650,47400,47200
NO TRADE ZONE - 47940 to 48200
Previous Day High - 48000
Previous Day Low - 47650
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.
In this channel, I share my expertise in trading strategies, technical analysis, and market trends to help you make informed decisions in your trading ventures.
Stay tuned for daily updates, in-depth market analyses, and real-time trading scenarios to witness firsthand how we transform from Zero to Hero in the trading world. My Only aim is to empower you with the knowledge and skills necessary to navigate the complexities of the financial markets successfully.
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 👍
BANK NIFTY INTRADAY LEVEL FOR 15/12/2023BUY ABOVE - 47940
SL - 47760
TARGETS - 48200,48420,48601
SELL BELOW - 47570
SL - 47760
TARGETS - 47400,47200,47020
NO TRADE ZONE - 47570 to 47940
Previous Day High - 47940
Previous Day Low - 47540
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.
In this channel, I share my expertise in trading strategies, technical analysis, and market trends to help you make informed decisions in your trading ventures.
Stay tuned for daily updates, in-depth market analyses, and real-time trading scenarios to witness firsthand how we transform from Zero to Hero in the trading world. My Only aim is to empower you with the knowledge and skills necessary to navigate the complexities of the financial markets successfully.
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 👍
15 DEC 2023 BANKNIFTY SUPPORT AND RESISTANCE LEVELSHello Guys,
Good Morning everyone,
According to the data today market is going to open gap up
After A gap up opening if Banknifty sustains Above 47900 and takes Support from 48000 then open target for T1-48200, T2-48300,T3-48400
If the Banknifty flat opening sustains Below 47500 and takes resistance below 47500 then the open Targets for T1-47300, T2-47300,T3-47100
Major Levels 48000,47500,47800
If the market stands in this area of 47600 to 47800 then it is possible that even today the market will remain in the range.
BANK NIFTY INTRADAY LEVELS FOR 14/12/2023BUY ABOVE - 47200
SL - 47020
TARGETS - 47410,47580,47770
SELL BELOW - 47020
SL - 47140
TARGETS - 46900,46760,46500
NO TRADE ZONE - 47020 to 47200
Previous Day High - 47200
Previous Day Low - 46900
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.
In this channel, I share my expertise in trading strategies, technical analysis, and market trends to help you make informed decisions in your trading ventures.
Stay tuned for daily updates, in-depth market analyses, and real-time trading scenarios to witness firsthand how we transform from Zero to Hero in the trading world. My Only aim is to empower you with the knowledge and skills necessary to navigate the complexities of the financial markets successfully.
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 👍
14 DEC 2023 BANKNIFTY SUPPORT AND RESISTANCE LEVELSHello Guys,
Good Morning everyone,
According to the data today market is going to open gap up
After A gap up opening if Banknifty sustains Above 47400 and takes Support from 47500 then open target for T1-47700, T2-47800,T3-48000
If the Banknifty flat opening sustains Below 47000 and takes resistance below 46800 then the open Targets for T1-46700, T2-46600,T3-46500
Major Levels 47000,47500,46800
If the market stands in this area of 47400 to 47200 then it is possible that even today the market will remain in the range.
BANK NIFTY INTRADAY LEVELS FOR 13/12/2023"Sorry For the late Upload"
Already Target 1 Done Guys 💰💸🚀
BUY ABOVE - 47240
SL - 47080
TARGETS - 47450,47580,47750
SELL BELOW - 47080
SL - 47170
TARGETS - 46930,46760,46500
NO TRADE ZONE - 47080 to 47240
Previous Day High - 47580
Previous Day Low - 47450
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.
In this channel, I share my expertise in trading strategies, technical analysis, and market trends to help you make informed decisions in your trading ventures.
Stay tuned for daily updates, in-depth market analyses, and real-time trading scenarios to witness firsthand how we transform from Zero to Hero in the trading world. My Only aim is to empower you with the knowledge and skills necessary to navigate the complexities of the financial markets successfully.
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 👍
13 DEC 2023 BANKNIFTY SUPPORT AND RESISTANCE LEVELSHello Guys,
Good Morning everyone,
According to the data today market is going to open gap up
After A gap up opening if Banknifty sustains Above 47400 and takes Support from 47500 then open target for T1-47700, T2-47800,T3-48000
If the Banknifty flat opening sustains Below 47000 and takes resistance below 46800 then the open Targets for T1-46700, T2-46600,T3-46500
Major Levels 47000,47500,46800
If the market stands in this area of 46800 to 47200 then it is possible that even today the market will remain in the range.
BankNIFTY prediction for tomorrow 13 Dec 23As we discussed yesterday, Banknifty gave a breakdown and also moved nicely. OI PCR has shifted from 1.17 to 0.80, which indicates huge bearishness. After the breakout, we observed that volume increased significantly at each candle. If we see a 1-day timeframe, we can see it's a confirmed gravestone dogi pattern, which is formed at the top of the trend and shows huge bearishness. We could not achieve our bearish target today; hopefully, it will be achieved tomorrow.
Reasons:
RSI < 40 (Bearish)
successful breakout to the downside. (Bearish)
continuous increasing of volume after the breakout. (Bearish)
PCR: 1.17 -> 0.80, which is a huge fall. Most of the PE writing was rounded off in 1st half day today.
Price < EMA(13,50) (Bearish)
Bearish golden crossover. (Bearish)
Verdict:
Bearish
Plan of action:
Sell 47200 PE, protect it with hedging.
BANK NIFTY INTRADAY LEVELS FOR 12/12/2023BUY ABOVE - 47400
SL - 47290
TARGETS - 47580,47770,48000
SELL BELOW - 47190
SL - 47400
TARGETS - 46930,46790,46500
NO TRADE ZONE - 47190 to 47400
Previous Day High - 47580
Previous Day Low - 47190
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.
In this channel, I share my expertise in trading strategies, technical analysis, and market trends to help you make informed decisions in your trading ventures.
Stay tuned for daily updates, in-depth market analyses, and real-time trading scenarios to witness firsthand how we transform from Zero to Hero in the trading world. My Only aim is to empower you with the knowledge and skills necessary to navigate the complexities of the financial markets successfully.
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 👍
12 DEC 2023 BANKNIFTY SUPPORT AND RESISTANCE LEVELSHello Guys,
Good Morning everyone,
According to the data today market is going to open gap up
After A gap up opening if Banknifty sustains Above 47500 and takes Support from 47500 then open target for T1-47700, T2-47800,T3-48000
If the Banknifty flat opening sustains Below 47100 and takes resistance below 47000 then the open Targets for T1-46800, T2-46700,T3-46500
Major Levels 47000,47500,46800
If the market stands in this area of 47200 to 47000 then it is possible that even today the market will remain in the range.
BANKNIFTY prediction for tomorrow 12 Oct 23As we discussed yesterday, Bank Nifty stayed in the upper zone with weak bull power. Also, today, in the last hour, it was huge selling, and the whole day, it was more of a position rounding off because of unstable Bank nifty momentum. If Banknifty breaks the trendline to the downside, then it's highly probable that it will touch the 200 EMA.
Reasons:
RSI 40-60 mostly. (sideways)
50 EMA is providing a nice support point for BN. ( bullish)
Price > EMAs (still bullish)
47500 is having huge CE writing. Lower levels don't have much OI except 47000.
PCR = 1.17 (Bullish) (1.45->1.17); it's still bullish, but OI have been fallen significantly.
Verdict:
It's still bullish unless it breaks to the downside.
Plan of action:
check initially 15 min momentum. And follow chart levels.
11 DEC 2023 BANKNIFTY SUPPORT AND RESISTANCE LEVELSHello Guys,
Good Morning everyone,
According to the data today market is going to open flat
After A 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 46500 and takes resistance below 46500 then the open Targets for T1-46400, T2-46300,T3-46100
Major Levels 47000,47200,46800
If the market stands in this area of 47200 to 47000 then it is possible that even today the market will remain in the range.