BankNifty Weekly Analysis Between the last expiry and today, BankNifty has fallen 1274 points ~ -2.69%. It may not look so dangerous, but keep in mind we had a swing range of 2328pts ~ 4.82% between the high to the low of the week. Of these 2328pts, 2060pts ~ 88.4% came just today. 16mts chart BankNifty Analysis - Stance Bearish ⬇️ We opened 1423pts ~ -2.96%...
Stock is under formation of a symmetrical triangle pattern. Stock is holding above it's 200 EMA on the weekly chart. A sustained closed above 2060 will be considered as a confirmed breakout of the pattern which shall take the prices towards 2800 zone in the coming months.
Side base range from 1839-1866. For swing trader don't enter here wait for 1878 range breakout. then we have a good target of 1900. Resistance: 1900 Nothing mush interesting this chart.
BankNifty Weekly Expiry Analysis BN just fell 742pts ~ 1.53% between the last expiry and today, logically it got only 4 working days as the last expiry was on a Thursday. A 742pts move is nothing considering the shape BN is currently in. Since the stance is now bearish, we are hoping for a build-up in the momentum soon. 63mts chart link BankNifty Today...
BankNifty Analysis Was quite surprised to see BankNifty following the ascending channel’s bottom trendline with a near correlation. Only for a brief period, we traded in RED, once BN pulled itself above water - it was able to hold its level quite strongly. 4mts chart link - click here KOTAKBANK, AXISBANK, and HDFCBANK were trading in green giving BN a...
Banknifty recover from 47000. fall from 48000 next week strong support based on Open intrest 47000 strong resistance open intrest 48000 whichever side break go with flow
Market break the lower channel and closed below 47750 is show that the market may give some health correction in coming day till 46300 we have some gaps to fill..
Market break the all resistance level with high volume and FII/DII support... it is show that the buy on dip market..
Over last few weeks, there had been too many posts on SM which were shared about some of the large cap names which have provided zero return over last "x" many months. That intrigued me to understand the concept of timewise correction. The composite chart of major large cap of Nifty or as they say HRITIK (+few others) stocks suggest that they have gone through...
Buy Kotak Bank 1785-1800 SL 1690 (90-100Rs SL) Target 1: 1966 Target 2: 2146 Plane position as per your risk reward capacity
Inverse H&S is spotted at Kotak bank. It has not broken out yet but shows some one is buying the stock as per the volume analysis. Breakout level :- 1785 Targets :- 1828/1860 Stop loss :- closing below 1730 on daily timeframe.
we can enter Positional PE Side with SL of 44750 As per the gann Concept 30th Nov a full Moon Day... we can big swings...
Market go up with gaps its show uncertainty in price.... Extension of resistance 44550-44700 Now Banknifty Trade at 44600 we can enter Positional PE Side with SL of 44750 As per the gann Concept 30th Nov a full Moon Day... we can big swings...
Market go up with gaps its show uncertainty in price.... Extension of resistance 44550-44700
KotakBank seems good above 1754 for 1D or 1W hold, Banking sector is in positive mood we can say a good rally
Market go up with gaps its show uncertainty in price.... Extension of resistance 44550-44700
Market go up with gaps its show uncertainty in price.... Extension of resistance 44550-44700
Market go up with gaps its show uncertainty in price.... Extension of resistance 44550-44700