Stock_Inshot

BANK NIFTY VIEW FOR 12TH JAN 2021

Long
Stock_Inshot Updated   
NSE:BANKNIFTY   Nifty Bank Index
ACCORDING TO ME ON 1 HR CHART BNF FOLLOWING A TRANDE PATERN IF PRICES COMES AND SUSTAIN ABOVE 32290 ON 10 MIN CHART CAN GO LONG FAS PER WAVE , AND IF THE PRICE REJECTS LEVEL 32290 ON 10 MIN CHART ,WE CAN SEE PANIC SELLING AS IT WILL ACT AS physiological LEV AND PANIC SELLING CAN BE SEEN .
IN MY OPITION IT WILL SHOT UP AS PER DATA (O.I) HUGE ACCUMULATION SEEN IN CLOSING SESSION.

ALWAYS WAIT FOR A GOOD ENTRY IF MISSED DONT RUSH FOR THE PRICE LE TIT COME ON LEVELS ,
Comment:
gap down from the level if rejects 31800 and price sustains below the level ,i will trade in short after 10:30 am
Comment:
if price sustains above 31922-31950 range ,can see a upper side movement
Comment:
Bnf Boom boom
Comment:
32179 can be 1st target
Trade closed: target reached:
great performance BNF , Target 1 achived
Comment:
one can get levels of 32260 also
Comment:
amazing rally , Target 2 ,Bnf Unstoppable today, hope enjoyed the rally
Comment:
Respecting Trend Line on Hourly chart, i think if it not break will be a sellers day

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.