Kinnari_Prajapati

My performance and Followers...on BANKNIFTY

NSE:BANKNIFTY   NIFTY BANK
First of all, you must have FIVE minutes to understand.

Try to observe both patterns as mentioned following:
  • Flag Pattern (i) which is in the channel.
  • Flag Pattern (ii) with breakdown channel support.

There're total (5) channels in the chart but the 5th channel is different from all others. look at all Four-Channel having up-trend but 5th has a flat channel.

Now let me switch your brain on Jul 14, 2019. Almost of all advisors and TV channel bullish bulish target but I clearly told you that. This is my statement was "Negative move is left..."

I have added chart with all 5 smaller channel in this full post FIRST TIME after visualyzed.

After the 4 days and Jul 18th 2019. (3) wave and resistance plotted clearly drawed for you and next day Banknifty started to move downward.



On the Jul 19, 2019. I have published Support of the channel and breakdown arrow. Everyting is clear here.


I hope you have enjoyed and Happy to follow me.

Following You. Lot of learning today. Thank You.
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Learnt a lot from you, thank u. Carry on your good work.
+1 Reply
@akashbothra, thanks
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Excellent hardwork mam
+1 Reply
@kaviyarasu, cheers....!
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@kaviyarasu, thanks
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hello maam how do you get vwap for banknity here??
... i have used pro trial but still that indicator not available for index
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@sayantn, its good ... But i dont prefer to use indicators
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@sayantn, VWAP can be applied only on tradable assets, so banknifty is an index and you cannot apply it. But you have 2 options either reconstruct banknifty using the underlying stocks or apply VWAP on it's derivatives like futures. Hope this helps.

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Good Analysis . So now Bank Nifty will find some support around 29550.
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