BANK NIFTY (SPOT LEVELS) BUY ABOVE 19325 SL 19000 TARGET 19490, 19780, 19950 SELL BELOW 19000 SL 19300 TARGET 18825, 18550, 18300 Posting for Educational purpose only
----Long Term--- After failing to push beyond 22k in April, Bank Nifty is poised to make a run at it again. The bulls will start accumulating positions at previous lows of 16,800s over the next week. We can see the prices moving north in the first week of June, with the whole of June witnessing a decent bull run. -Farty
Please Note : These are buy/sell level . these levels has to breakout in minimum 15 min candle .. Reaching this level is not valid & Fake break out can be identified by RSI and other indicators
Please Note : These are buy/sell level . these levels has to breakout in minimum 15 min candle .. Reaching this level is not valid & Fake break out can be identified by RSI and other indicators
BUY SUNPHARMA @ 464 STOP LOSS @ 461 TAKE PROFIT @474
Please Note : These are buy/sell level . these levels has to breakout in minimum 15 min candle .. Reaching this level is not valid & Fake break out can be identified by RSI and other indicators
BANKNIFTY is taking support and making bear flag pattern so the porobality is very high to break the trend line . if it breaks with volume make short position with small stoploss .
Down 63% from high Now at IPO price Wait for the closing above 540 Initiate long position after that Wait for the first pull back above 540 for confirmation
Bank Nifty and Nifty 50 pulled back of 19th (today) due to weekly option expiry day PUTS closure.. The actual target for the bank nifty for the weekly candle is 17000 and stoploss hunting which could fall upto 16800 or 16700.
Bank nifty has a very high chance to fall till 17000 + STOPLOSS hunting.
Again you will get a chance for selling. This recovery and the reason behind it. Investors has still fear. The question is " What will be level for sell again ?"
Last Week 1000+++ point fall and closed near 0.38% Fib Level...Breakout of 29200 then can see upside movement for next levels 29600,30000,30400 Breakout of 28900 then can see downfall for 28600, 28200, 27500. Imp Zones - 29650-30000(Sideways), 29000-28700(Sideways) Major downfall expected if not able to break upside 29200 on closing basis. "Start follow us...
sell only green area breaches on close basis
Bank Nifty- Cup Handle formation-15min- as mentioned earlier bank nifty is showing positive signs.
Bank Nifty- Cup Handle formation-15min