As per wave analysis...Bank Nifty is looking for a upside opportunity....!!! It might take a resistance at the upper level...but in long run banknifty is positive only
Use 5min frame Based on market opening possible waves projected
Magic Lines: All supports are not for buy level. As like all resistance are not for sell levels After long research and back testing we find which S&R is for sell level & which S&R is buy level. In that result we give the pure intraday levels in charts. BLUE LINE ARE BUY LEVELS (Target lines) ORANGE LINES ARE SELL LEVELS(Target lines) Additionally we added...
BANK NIFTY INDEX FORMED HEAD AND SHOULDER ON 1 HOUR TF ... IT HAS BROKEN THE NECK LINE .. IF IT BREAKS 34400 THENEXT TARGET WOULD BE 34130. HOPE YOU ALL HAVE MAE PROFIT. DO FOLLOW FOR MORE UPDATES.....
Sell on the Rise "Need a trigger to sell off- Coming soon." Market is looking positive to everyone as it is making new highs. I will like to share my personal view: Detached to the economy market is looking to trap retail players with dramatic upmove. (Hint: Confusing OI data) On Monday expecting a Gap Down Opening, Create a short position below 35200 of...
Breakout self explanatory.
Cup & handle pattern formation on 1d chart of bank nifty . It is about to touch life time high in coming days and make a new high
Kotak Bank at a very intresting place. The breakout on upside can make it see 1990 target. Also the the brekdown of 1685 can make it go to even 1600 number.
Hi trade mates! Yes, the trend is bullish for the month of June 2021, considering the market analysis, technical support on Nifty, and reduction of corona cases. Wait for 35250 levels, if it breaks then 37000 for sure! Meanwhile don't try to carry forward your trades, it's highly risky in this volatile market, especially for BANK NIFTY. Your premium may...
See old trade charts of mine to compare what I needed for this breakout and how things turned out on our side :) Now it is resting on the gapper support we have there + trendline too soo seems quite bullish to trade on with a small risk a good bullish candle tomorrow = trade on a daily close above 1500 round lvl = biggi break for further upside for this month...
In case market opens Gap down Target will be 33000 with SL as per your risk appetite. REMEMBER WHAT YOU DO WHEN ONE IS WATCHING , THAT COUNTS.
Wait for the breakout and pull back for short