BANK
BANK NIFTY Weekly viewBANK NIFTY View for this week. 34800 is immediate resistance. Break and sustain above 34800 may head towards next resistance of 35100 and 35600. If the first resistance of 34800 not sustained then can drag towards 34400 and 34000 which will act as strong support for this week. If the support of 34000 broken then level of 33500 to 33000 can not be ruled out
FEDERAL BANK ABOUT TO BREAKOUTThere is a Long Term Trendline from 2017 and has made 3 attempts to break this TL. Once in March and there was a fake out in July and now I expect a breakout of this long term Trend Line.
Can go long on a breakout with volume and a retest with a Bullish followup Candle for the following targets.
T1-96
T2-108
Kotak breaks the TriangleKotak has broken out of multi-month wave (4) triangle. The final (5) should be sharp and quick. It may try to reach the channel top which is at 2300 as the final target. A test of previous high 2049 is most likely.
Stop loss- 1624 i.e the previous swing low
HDFC retracement 4 aug 2021.every move comes with a retracement when hit upper resistance.
just my view on market not a signal.
Banknifty Always Trying to stick with this TrenLine !!!!! DYRFollow this trendline, keep on eye on it, Whenever banknifty go away from this trend line, come back after some time.(Days/Week)
Thanks
BANKNIFTY trade setupbanknifty is now in a short range and can give a good movement on both sides it has made falling wedge or falling channel on daily chart and now trading at resistance area now if it breaks upside 34840 then after a small retest it can move upto 35500 but if it faces resistance tomorrow on 34740-34800 then it can breaks down side and can easily travel to 33600 so remember these levels and keep losses small, do not overtrade in rangebound market in these types of market we can get more stoplosses then other days.
BANKNIFTY Weekly LEVELSMagic 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 guiding line for entry and SL
There are 10 different pattern based on market opening for getting entry in market with this line if anyone interested please command below ..
Bajaj finserv Yesterday was expiry tried to share our performance in a month. Guys no 1 shows secret of his view... just play like pro.
'BANKNIFTY' analysis for 30th July 2021Buy/Sell only on given levels. The above chart is only for educational purpose. Make sure you don't trade blindly, reanalyze and trade
Coforge Today expiry we are checking our call performance. Hit like if traded....
Follow for more hits.
Bank Nifty Level for Tomorrow ( Price Action Analysis)BANK NIFTY NOW DAY A BECOME VERY VOLATILE TRADE WITH GOOD RISK AND REWARD RATIO
If tomorrow market open Given level 34570 then go long if there is a strong Green Candle otherwise wait Short for 100-250 point to last day support
if tomorrow's market open gap Down below 34440 then go short Target 34109.
Major Resistance:- 35060
Go Long:- 34570
Go Short:- 34400
Have a wealth sleep....
Indain
Bank Nifty Level for Tomorrow ( Price Action ) If Market open flat then definitely it will take support at 34653 you can go long for 100-120 points
if Market open gap up or gap down avoid trade between this level only trade on major support level 34408
Market still in confusion let take them correct direction.
Minor Support level:- 34653
Major s Support Level:- 34400
BANKNIFTY BEARISH SIGHNIts Time to Sell Bank Nifty Around 35000 as Rejection Of Holding Above 35200 Many Times will Drag it Towards 33500 Our Stop loss Above 35200
BANK NIFTY | SCENARIO -4 | 26-07-2021NSE:BANKNIFTY
This is BANKNIFTY scenario-4 with gap up in range of 35300.
Target and levels mentioned in the chart.
Don't chase the gap up in BANKNIFTY. Let is cooldown for 15-20 minutes. Once it reaches at level, judge the price action at those levels and take the trade.
Keep all the Scenario in mind to take the trade.
BANK NIFTY | SCENARIO -3 | 26-07-2021NSE:BANKNIFTY
This is BANKNIFTY scenario-3 with gap up in range of 35200.
Target and levels mentioned in the chart.
Cup and Handle Patten In ICICI BANKCup and Handle Patten In ICICI Bank so there is high chances of breakout tomorrow
BANK NIFTY | SCENARIO -2 | 26-07-2021NSE:BANKNIFTY
This is BANKNIFTY scenario-2 with minor gap up.
Target and levels mentioned in the chart.
