The Bank Nifty is making a bearish pattern called head and shoulder pattern, The banks are already weak, the hearing on moretorium will be on 28th September 2020, and it will not totally be in the favour of the banks. The pandamic is not over yet, so this all suggest will test the 21650 levels again and if it breaks will test 20000 levels also
BEST FOR INTRADAY ON MACD DEFAULT VALUE FOR 15 MIN.TIME FRAME GOOD RETURN
Trading Range - 22084 - 22332. Downward from 1:30 PM. Short @22300 for 200 Points.
Buy above 22030 for 150,300,700+++ Sell below 21875 for 150,300,700+++ Can comment or ping me for any query All views for Educational purpose, Trade at your own risk
bank nifty is in clear cut downtrend so we can try shorting in futures of bank nifty
Bank Nifty Short call for 14th August,2020 - Close at 21973 levels
After market watching levels hit awesome feeling guys. check out the chart all 3 targets on the upside hit and plan worked as per our levels.
Bank nifty is in a short term support. Chances of pullback from this level is possible.
Price entered in weekly time frame Demand zone Also EMA 20 support is there
Next week crucial for bulls and bears both ... Any fall may be severe
Bank nifty in triangle pattern ..safe player wait for breakout. Other players can go for long in entry point. Have a profitable day By Aadhan Trading
Calls given to Sell below 20392 with SL 20608 for Targets 20285: 20180 : 20069 : 19961 : 19853 !st three targets achieved. for daily updates please drop private message.
As we can see clear downtrend on bank nifty with a trend line acting as resistance one can short bank nifty for gain of 5 times.
PULL BACK RALLY IN BANK NIFTY ABOVE 25500 WILL ACTIVE SOON.....