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varadtambolkar
May 5, 2021 6:34 AM

Bank Nifty Expiry Special 

Nifty Bank IndexNSE

Description

Wait for breakout.

simple Ascending triangle Pattern.

15 min time frame.

Range Contraction



Arrow ( 1 ) : 6.94% swing
Arrow ( 2 ) : 3.46% swing
Arrow ( 3 ) : 2.44% swing
Arrow ( 4 ) : 1.64% swing

This Range contraction will be followed by one big move.

Comment

15 min candle high low method

Comment

Total sideway move.
30500 n below
34000 n above
Sharp move will trigger.
Comments
Chinmayonniftyy
what's your views on BHEL brother? It has given a multi-year breakout..
varadtambolkar
@chinmaypatnaik, check my previous ideas. Posted few days back😊👍🏾
Chinmayonniftyy
@varadtambolkar, got it brother....
I really appreciate your efforts, will be grateful if you give your insights on PSU banks as they are hopelessly undervalued.
varadtambolkar
@chinmaypatnaik, thanks 😊👍🏾
posted Indian bank long time back. Can check this can provide a way of thinking to you.

Same lines you can study other psu banks.

Will cover a PSU bank of your choice. Excecpt SBI.😂
Chinmayonniftyy
@varadtambolkar, haha 😂😂😂... Sure I'm going to check them v soon.... "Bank of Baroda and Canara Bank" is on my radar. You can cover both or any of them as you like. Thanks in advance 😋
varadtambolkar
@chinmaypatnaik, will cover Bank of baroda. Already gave diwali 2021 pick at 46 in November 😃
varadtambolkar
@chinmaypatnaik, done posted bank of Baroda
Chinmayonniftyy
@varadtambolkar, ❤️❤️❤️
Chinmayonniftyy
@varadtambolkar thank you waiting for it 😍
explorerani
Another Great Analysis. Lets hope for big up move soon.
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