Pre-Market Bank Nifty Analysis


Before continuing to Pre-Market Bank Nifty analysis, please read the Disclaimer at the end.

Bank Nifty index consist of five scenarios, and those are mentioned below. And moreover, Market is bearish divergence mode. So, expecting the correction in the Market. unexpected volatility may occur during live market.

Please Review the Box’s and Levels carefully before Trading.


NO TRADE ZONES at Pre-Market Bank Nifty Analysis

As per the Image, Upside (52852-52760) & Downside (52318-52267) Boxes are “No Trade Zones” which means taking trade in that Zones are not advisable.

Scenarios of Pre-Market Bank Nifty Analysis


Open as Gap up at 52852 – CE Side

Sustain and Move upside from the point of 52852 and above, then it will may hit target-1 (53192) as per image.


Open as Gap up at 52760 – PE Side

Sustain and Move downside from the point of 52760 and below, then it may hit the below levels up to 52350. Seeking the Put side Trade in all the Levels is advisable since the market is expecting the correction. If the Market cross 52852 on the upside, then we can consider for CE side up to target-1 only.


Open as Flat – Between 52542 & 52613

If the market is open between 52542 & 52613, then market will become sideways between these two levels and always it will tend to go for PE side direction with some small green candles.

Pre-Market Bank Nifty Analysis-2-7-2024


Open as Gap down at 52318

Sustain and move upside from the point of 52318 and above, then it may hit the above-mentioned Target-1, Target-2, Target-3 and Target-4 levels up to 52760.


Open as Gap down at 52267

Sustain and if its break 52236 on downside, then PE side target-1 and target-2 will be achieved.


The Views and Opinions mentioned in this post or comments in the past or present under the site of “TN JOB ACADEMY” is meant for EDUCATIONAL PURPOSES ONLY. Investing and Trading in the stock market are subjected to market risk. we are not SEBI-registered analysts. Consult your financial advisor before taking a decision.

“TN JOB ACADEMY” is not responsible for your Profits and Losses. The sole purpose of this content is for Knowledge and Awareness about the Share market. So, by being a viewer of this site, you agree that you understand all the above. therefore, any legal action is void.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button