NSE:BANKNIFTY Observations: 1) On 1day time frame, it is just closed at the parallel channel bottom trendline. Please refer below chart : 1day Time Frame. 2) On 1 hr time frame,it decisively broke the trendline and closed below it. Now this trendline will work as support if it trades above this and it will work as resistance if it trades below it. ...
NSE:BANKNIFTY Observations: 1) On 1day time frame, It has come below 200DMA again and now with now bottom wick. It is a stong bearish candle. If it sustain below 200DMA then we can see more weakness in Banknifty. 200DMA is placed at 35734.42 level. Please refer below chart : 1day Time Frame. 2) On 1hr time frame, we can see the trendline which was...
Bank nifty though is very weak, but there is one last possibility of it to rise in short term from its important support. On daily chart, it can be seen in process of formation of head and shoulder pattern. 1 head and shoulder completed, Monday will determine its next move, if neckline/support is broken, then we may see 500-1000 points fall. if it reverts from...
NIFTY 50 EOD ANALYSIS 15-12-21 In this post, I talk about the analysis for the day and the trading range for tomorrow. The video discusses with the help of the charts how the indices as well as leading stocks performed during the day and their likely play tomorrow. O 17323.65 H 17351.20 L 17192.20 C 17221.40 EOD -103.50 points / -0.60% SGX Nifty 15-12-21...
LEVELS 29-11-2021 NIFTY RES- 1. 37200 17420 2.37000 17280 SUP-1.36540 17060 2.36300 17000 This channel provides Nifty and Bank Nifty analysis and provides swing trades for equity. The channel is also a...
Ascending triangle pattern, sl 1450,tgt 2150, view is for 3-6 months
LEVELS 29-11-2021 NIFTY RES- 1.37465 17562 2.37200 3.37550 17700 SUP-1.37000 17420 2.36800 17300 This channel provides Nifty and Bank Nifty analysis and provides swing trades for equity. The...
LEVELS 29-11-2021 NIFTY RES- 1.37465 17562 2.37200 3.37550 17700 SUP-1.37000 17420 2.36800 17300 This channel provides Nifty and Bank Nifty analysis and provides swing trades for equity. The...
Trade - Entry: 477.5 Stop: Below 466.5 TGT1: 495 TGT2: 512 SBI has given a disjoint channel breakout likely ending the downtrend as the stock had been under pressure from last few days given its weight in Nifty. The breakout offers a perfect long entry opportunity with a good risk reward setup.
LEVELS 29-11-2021 NIFTY RES- 1.37465 17562 2.37200 17700 SUP-1.37000 17420 2.36800 17300 This channel provides Nifty and Bank Nifty analysis and provides swing trades for equity. The channel is also a...
JAI SHREE RAM. Today was a good session with 328.85 points movement. Bank nifty took support at 36845 level and low made was 36824. while 36800 is strong Open interest in PE of 7.15 lakhs while still interesting to see that there were more positions added in the 37000 PE with addition of 5.18 lakhs OI addition and total OI is 14.95 lakhs. At the same time you will...
as we can see in the chart bank nifty work in two channels 1st one down trend channel 2nd one up trend channel now what to do as per daily chart price action bank nifty still in down trend so we simple take opportunities for sell where to sell possible level to sell cmp 37203 1st near 37400 for tgt of 36891 with sl 37600 2nd near 36860 for tgt of 36200 with sl...
Buy = 37049 Stop = 36840 Target = 37367 Just try to identify a bullish candle after opening the market
LEVELS 29-11-2021 NIFTY RES- 1.37465 17562 2.37200 17700 SUP-1.37000 17420 2.36800 17300 This channel provides Nifty and Bank Nifty analysis and provides swing trades for equity. The channel is also a...
NSE:BANKNIFTY Observations: 1) On 15min time frame, we can see the trendline, which will act as resistance if the price is trading below it. And it will work as support trendline if the price will be trading above it. Please refer below chart : 15 time Time Frame. ------------------------------------- Trade Setup for Date: 10-12-2021 1) Don't Jump...
Buying an uptrend stock at support is the best strategy i have found yet. Buy craftsmanauto at CMP tgt1 is 2600+, tgt 2 is 3000+. views are for 3-6 months.
LEVELS 29-11-2021 NIFTY RES- 1.37465 17562 2.37800 17700 SUP-1.37200 17420 2.36800 17300 This channel provides Nifty and Bank Nifty analysis and provides swing trades for equity. The channel is also a...
LEVELS 29-11-2021 NIFTY RES- 1. 36800 17420 2.37200 17280 SUP-1.36440 17090 2.36230 17000 This channel provides Nifty and Bank Nifty analysis and provides swing trades for equity. The channel is also a...