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Banknifty levels for 13th April 2023

 Banknifty levels for 13th April 2023

Banknifty closed positive today AT 41577, as the bullish momentum may continue tomorrow.

Upside levels for banknifty would be 41700, 41937 if banknifty takes support at 41500/41450.

Downside if banknifty breaks 41417 then 41331,41227 can be seen tomorrow

NOTE: THIS INFORMATION IS FOR EDUCATION PURPOSE DO PROPER RESEARCH AND TRADE WITH RISK MANAGEMENT ONLY .

Banknifty levels for 11th April 2023

 Banknifty levels for 11th April 2023

Banknifty above 40900 spends some time there for 15 mins than next levels will be 41100, 41255.

Banknifty below 40800 spends some time there and breaks 40727 downside levels will 40535,40400

NOTE: THIS INFORMATION IS FOR EDUCATION PURPOSE DO PROPER RESEARCH AND TRADE WITH RISK MANAGEMENT ONLY .

Banknifty levels for 10th April 2023

 Banknifty levels for 10th April 2023

Upside levels for banknifty if breaks 41100 will be 41255,41500 and 41672.

Downside levels for banknifty if breaks 40800 will be 40535 and 40250.

NOTE: THIS INFORMATION IS FOR EDUCATION PURPOSE DO PROPER RESEARCH AND TRADE WITH RISK MANAGEMENT ONLY .

To learn trading from books click on the link below

Banknifty upside levels achieved for 6th April 2023

 Banknifty upside levels achieved for 6th April 2023

Banknifty upside levels achieved 41275 was a strong resistance for banknifty and 40820 was support level. Banknifty took support at 40820 and turned back to upside level of 41255 as mentioned in the post on 5th April 2023.

Banknifty levels for 6th April 2023

Banknifty levels for 6th April 2023

Banknifty made high of 41071 almost nearing to 41100 as mentioned in the post on April 3rd 2023.

Now, let us check the levels for 6th April 2023 as it is expiry day we need to trade with proper risk management , volatility might be there because of RBI monetary policy. RBI is likely to increase repo rate by 25 basis point. 

Levels for 6th April 2023:

If Banknifty opens flat and breaks 41100 next level for Banknifty is 41255 which is strong resistance from there we could see sharp sell in banknifty if it breaks the resistance next level would be 41500.

downside if banknifty doest not break 41100 and acts as resistance levels from there will be 40820, 40535.

NOTE: THIS INFORMATION IS FOR EDUCATION PURPOSE DO PROPER RESEARCH AND TRADE WITH RISK MANAGEMENT ONLY .

Banknifty levels achieved

 Banknifty levels achieved as mentioned on April 3rd 2023.

As mentioned on 3rd April 2023 banknifty took support at 40850 and went upto the level of 41000.

Link for 3rd april post:

 https://analyseshares.blogspot.com/2023/04/banknifty-levels-for-4-04-2023.html