vanathi

Bank Nifty - Weekly Review Feb 26 - March 2

NSE:BANKNIFTY   NIFTY BANK
Price action will remain bullish as long as it holds 25100 for the targets 25500, 25720, 25840 and 26000. On the other hand breaking 25100 will make the price to move towards the next support levels 24800, 24600 and 24500.
Trade active
Trade active
Comment: Target 1 & 2 done!
Comment: Price action reversed after hitting 2 targets!
Success Log.For live maket analysis follow me in telegram. https://t.me/Analysis4Newbie
To learn about system trading, https://neomechanicaltrader.home.blog/

Comments

whats next then ?
Reply
vanathi Bhesh
@Bhesh, Price will move towards support levels.
Reply
with PSU Banks taking such a hit, all would become penny stocks and would move out of NIFTY and replaced by private Banks in due course. We may not see such a volatality in future. Previously it was the turn of infra stocks and now Banking stocks. Waiting for a break of 25100 as you have opined..
Reply
AROUND 25400 now...the outer candle is bigger than the inner. More down side now...
Reply
vanathi Gururajr
@Gururajr, Yes
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar About Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter