Kinnari_Prajapati

BANKNIFTY, will not back again? Answer is, Still exist BULLS

NSE:BANKNIFTY   NIFTY BANK
BankNifty closed at support.
Last hope at 29211.
Trendline support 29395 - 29450

Even if the trend channel is continuing, and the following possibilities still exist;
  • 1) Gravitate price will attract the value, so long traders have target 29977.
  • 2) The support at 29395-29450 will push the nifty toward to 29700.
  • 3) Last hope at 29211, if bank nifty slip to that will be a pure bearish trend .

The formation of a bearish candle following a Bearish Belt Hold on the daily scale indicates that bears are now forcing the market to restrict its momentum.

It can slip the next 1-2 sessions if above is not exist.
Trade active: BUY NF 11598-11606 with stoploss strictly at 11592 and targets 11657-11679
Comment: If nifty future is not fired in 15min above 11615... then exit with no loss or small profit....
Trade active: BANKNIFTY EXACTLY TAKEN support and bounced....!
Comment: Trendline support 29395 - 29450
Trade active: The support at 29395-29450 will push the nifty toward to 29700.

see this....
Comment: Gravitate price will attract the value, so long traders have target 29977.
EXACT moved what i predicted.

Comments

BANKNIFTY EXACTLY TAKEN support and bounced....!
+2 Reply
ankit_prajapati Kinnari_Prajapati
@Kinnari_Prajapati, mrs technical analyst ur prediction never failed till now
Reply
Kinnari_Prajapati ankit_prajapati
+2 Reply
Should I buy here nifty bank?
+1 Reply
i think if support at trendline then definetily short covering.
+1 Reply
Kinnari_Prajapati ankit_prajapati
@ankit_prajapati, yes, important is where to enter for buying is depends on TAIL and volume surge. Let it be open flat.
+3 Reply
HemangiWorlikar ankit_prajapati
@ankit_prajapati, did you create any position on banknifty long?
Reply
ankit_prajapati HemangiWorlikar
@HemangiWorlikar, not at all. wait for near support
Reply
JaydevRaval ankit_prajapati
@ankit_prajapati, what is your support? please let me know so i can also do it.
Reply
HemangiWorlikar JaydevRaval
@JaydevRaval, bought nift 4 lots at 11603
Reply
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