RBL Bank, Buy when touches red line, sell if closing 1 or 1.5% below red line. if price closes above green line, buy for long
NSE:BANKNIFTY Simple Trade Setup Bank nifty closed almost at the same level as per yesterday, hence our trade setup will be same as per previous day. Today it Breakdown the triangle pattern which was posted in previous trade setup details. Now on 1hour time frame it has been trading in rising channel pattern. Please refer below chart. Break on...
Trendline broken, volumes decent RSI trendline also looks broken RSI at levels of 63 Hold for targets of 680, 721
NSE:BANKBARODA It has formed rounding bottom pattern on daily time frame. Breakout of it seems to be happen in coming days. But I have mentioned safe trade levels on either side. Better to wait and let this levels break and then take trade. Do comment your doubt or suggestion.
Since CPR is broken and cancdle formed above the Daily TC/BC. The chances for uptrend is more.
Upcoming targets for bank nifty in coming days. Currently bank nifty if standing at 0.5 fibo support. A triangle pattern is forming. Soon we will see the breakout and once it breaks the above resistance, these targets will be very easy to achieve. Hope no bad news comes from the global markets. PLease do your own analysis and if you have any idea do tell...
NIFTY Intraday Trade Setup For 06 Aug 2021 Buy - Above 16350 Sl -16320 Target - 16400 16425 Sell - Below 16270 Sl - 16300 Target - 16230 16200 16150
If it doesn't break the upper range can test the lower levels in the coming days.
BANK 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
There 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 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
every move comes with a retracement when hit upper resistance. just my view on market not a signal.
Follow this trendline, keep on eye on it, Whenever banknifty go away from this trend line, come back after some time.(Days/Week) Thanks
banknifty 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...
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...
Yesterday was expiry tried to share our performance in a month. Guys no 1 shows secret of his view... just play like pro.