Check accuracy for one month of our Bank nifty today technical Trend posted below daily before market open @8.45AM. Then you can join us to learn FREE Technical analysis
What is Bank Nifty Future and why to Track Bank Nifty Today?
Bank Nifty today trend is updated in this page daily before market open @ 8.45 AM for our Bank nifty future and Bank nifty options trainees to learn. You can find free bank nifty future trend, support and resistance levels of Bank nifty and do Bank nifty option chain analysis.
Bank nifty comprises of 12 most large capitalized stocks from Indian Banking Sector. Bank Nifty index share is almost 26% of Nifty. Bank nifty has the highest weightage in Nifty. So in case of any news on Bank nifty, it has strength to change trend of Nifty. Bank Nifty future has lot size of 20. Bank Nifty future trend is always volatile so with out getting proper technical Analysis Training it is difficult to find trend and with out trend you cannot take decision to go for buy or sell Bank nifty future or in Bank nifty options. Also it is difficult to find perfect entry, exit point and where to give stop loss. Check our accuracy for one month and then decide to join our e-Training on Technical Analysis online.
BANK NIFTY TREND TODAY
Date : 18-March-2019
This is only for Technical chart study purpose and for our own clients. Refer your advisor and our disclaimer before using it.
Click here to learn Free Technical Analysis.
Bank Nifty Today- 8.45 AM- EoD Technical Chart pattern indicating Bank nifty is in over bought zone. But liquidity in market is pushing market further up. So Bank nifty may open near 29500 and try to consolidate above it. Watch if sustains then may move towards 29625 which is high point in micro time interval. Be carefur, in case of profit bookings Bank nifty has support @29140. Due to liquidity driven use buy on dip pattern and careful in short side and take small points. Track Nifty Trend today
In Bank nifty always be ready to protect principal amount in any market condition using Technical Analysis strategy shown as you can get chance everyday. Like others, you can open account in above link to directly contact me and learn technical analysis(Free). Watch Europe market in "Nifty Live" page for further trend of Bank nifty.
|Support & Resistance||
Bank Nifty Today Pivot Point- 29300
Bank Nifty Today Support is at 29140, 29000
Resistance is at 29500, 29601
Other Important Pages
Trick for Option trader
Index option depends upon the trend of Nifty or Bank nifty. Online trader can find the technical trend of Nifty and Bank nifty Index to trade in future segment. In case Option segment if the trend is positive then buy “CALL” option and watch the support and resistance mentioned here for next trend and your entry and exit point. In case negative trend Buy “PUT” option and wait for support levels to exit or hold.
Use news sections to know the upcoming important financial events worldwide which can impact Nifty and Bank nifty trend. Day trader and Positional trader generally use upcoming important events to make strategy. Example- Before RBI policy, election or any important financial event Nifty generally rally. So if you can know event date much before then you can participate and make profit. In case of day trading if you know today’s financial event which can change trend off stock market then you can Hedge your position or avoid trading and protect your fund from volatility.