BANK
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
ORANGE LINES ARE SELL LEVELS
IF OPENING 15MIN CANDLE TOUCH BLUE LINE GO FOR LONG/ IF OPEING 15 MIN CANDLE TOUCH ORANGE LING GO FOR SHORT.
Target 1: 440 points target 2 : 880 points
For SL and entry : There are 10 different pattern for getting entry in market with this line if anyone interested please command below ...
BANK NIFTY 35800 CE Bought 210 sold at 500 with chart patternBank nifty with weekly expiry and market has to retrace from lower,
bought 35700 ce at 210 and sold at 500 with both RSI and Trend line patterns enable to get a good trade.
As a scalper this is my long trade , where in general it wont take more than 5 to 10 minutes of my trade.
SBI Important Levels SBIBANK consolidated between 390-400 before breaking out and reaching 52 week high of 427.7.
390 is a major support zone followed by 400 being a support and short-term resistance zone and after breaking 400, 405 serves as a resistance zone.
PS: I'm a College Student, not a broker, I'm not qualified enough to suggest people trades. I'm a student to take a keen interest in the Stock Market during the lockdown. These are for educational purposes. Please do share your views and suggestions, I am still learning.
ICICIBANK DOWNWARD TREND BROKEN ICICIBANK saw selling pressure after reaching 679, falling to 606. now it seems to have broken its downward trend and might consolidate before beginning its upwards trend.
PS: I'm a College Student, not a broker, I'm not qualified enough to suggest people trades. I'm a student to take a keen interest in the Stock Market during the lockdown. These are for educational purposes. Please do share your views and suggestions, I am still learning.
Analysis of Bank NiftyDt. - 23-02-2021
Candlestick took the support of the horizontal line yesterday and today. Today index made a Doji-like candle. The trend may reverse from here and it may start moving upward from tomorrow. If it starts falling again than the next support is placed at 32,668 points.
Breakout generated in KARURVYSYADisclaimer :- This is not any buy or sell recommendation. This is just my personal view on this counter. Thank You !
KARURVYSYA is already gave us trend reversal signal. Currently this stock is in uptrend. On this Friday there is a fresh breakout generated on weekly chart above around 50 with good volume.
Next levels as below :-
1st Target :- 63.00
2nd Target :- 80.00
3rd Target :- 94.00
Stop Loss :- Below 42.00 on closing basis.
Hi Friends ! If you like my Ideas Please Like, Comment and Follow Me.
ICICIBANK OVERSOLD ICICIBANK looks oversold. Support level at 625.5
Looks good for short term gain.
PS: I'm a College Student, not a broker, I'm not qualified enough to suggest people trades. I'm a student to take a keen interest in the Stock Market during the lockdown. These are for educational purposes. Please do share your views, I am still learning.
BANKNIFTY INTRADAY BUY AND SELL 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
ORANGE LINES ARE SELL LEVELS
IF OPENING 5MIN CANDLE TOUCH BLUE LINE GO FOR LONG/ IF OPEING 5 MIN CANDLE TOUCH ORANGE LING GO FOR SHORT.
SL : previouse support / Resistance's -Above /below
BANKNIFTY INTRADAY BUY AND SELL 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
ORANGE LINES ARE SELL LEVELS
IF OPENING 5MIN CANDLE TOUCH BLUE LINE GO FOR LONG/ IF OPEING 5 MIN CANDLE TOUCH ORANGE LING GO FOR SHORT.
SL : previouse support / Resistance's -Above /below