AS PER THE CHART BNF IS CLEARLY MOVING TOWARD ALL TIME HIGH.
BANK NIFTY Support n Resistances with RSI Trading Idea
As per 30 min chart technical analysis , my own idea is bank nifty will come to down morning first 30 min it will reach (5th wave) 30449 then second 30 min retrace 3 rd 30min may forms touch the previous high 30449 then it may come to downward . This is reference for awareness to loss Becare
BANK NIFTY RESISTANCE: 29750,30000 SUPPORT: 28900-28270
bank nifty is forming a elliot wave formation.....right now bank nifty is in consodidation mood....if it break the first trendline..thn we can see downfall upto 29000 and thn to 28000
Bears will be in control for few days
Here is how it is going to be downward trend . Clearly the gravestone
BNF is making fresh high in the last week. Lot of pundits in the market are bearish on Bank Nifty gains in the last week but the market is all more pushing itself up to new high. Biden Victory has added more fuel to market gapping up on 9th Nov over the parallel Channel respected in the last few months. Will this sustain or will we see a retracement? If it...
BANK NIFTY is predicted to be Bearish.
BANK NIFTY SPOT SELL BETWEEN 28950 ~ 29050 SL 29300 TARGET: 28800, 28735, 28675, 28500, 28432, 28345, 28200, 28070 Posting for Educational purpose only If my analysis appears OK then please LIKE, FOLLOW and SHARE to get more future ideas
In this chat bank nifty show flag and pole pattern