Banknifty in the last trading session has started trading below 45000 levels and closed below it. It has formed a gravestone doji on the weekly charts and broke the recent support level around 45050 levels. Market consolidated on the higher levels and has given a break down. If the market are there for a healthy retracement, it will reverse after testing...
HDCF failure HH. and making double top If sustain above lower trendline it may touched upper trendline & target will be 1840 Note: HDFC bank break out lower trendline & it make comes at 1542-1500 level in comming days/weeks. short time may go for retest of lower trend line than will go for downside. This is only educational purpose only
1. head & shoulder formed 2. with strict sl one can go short
Niftya farm had given weekly breakout from its multiple attempted zone. With the help of #REDDYLAB #APOLLOHOSPITAL #SUN FARMA It has strong momentum
High 44355 Low 43950 Bank nifty intraday lavel 22/05/2023 First half 44300 PE Sl 40 point Target 100 point Second half 43900 CE SL 30 point target 80 point
Weekly Analysis In this expiry week, 12th to 18th May banknifty has moved up only 0.61% ~ 263pts. We have hit an important milestone this week though, 0.10 pts shy of all time high - 44151.7 on 15th. Banknifty is immensely bullish considering how Nifty50 is behaving. A trader on 15th or 16th would have normally expected BN to surpass the ATH to hit new records....
Data suggests a Sideways Market for 18th. So would be looking to short incase I find a rejection with confirmation at any of the resistance levels shown. The opening of the trade would suggest the course of action. 18100 is a strong support and a break of that may give a good downward movement. Need to keep a watch on any addition in put or call writing during the...
Data suggests a Sideways Market for 18th. So would be looking to short incase I find a rejection with confirmation at any of the resistance levels shown. The opening of the trade would suggest the course of action. 43450---43500 is a strong support and a break of that may give a good downward movement. Need to keep a watch on any addition in put or call writing...
44100 PE Sl 35 Point Target 200 point High 44180 Low 43800 Close 43840 Intraday lavel range 16/05/2023
As US bank are performing worse since the '08. . . There can be very much possible it can affect indian markets too. . . First there is a Bearish Divergence on Weekly timeframe between RSI and NSE:BANKNIFTY Price. . . With the help of Fixed Range volume profile there is much trading happened at the level of 35000 rupees. . . Fib Retracement level of 38.2 is...
This posts are my personally traded stocks daily,I take trade mostly in all the stocks which i post and many more too which i am unable to post,as tradeing view limits my post to only 10 stocks per day,Some hits stoploss,some hits trailing stop loss,some give targets,some ends in cost to cost,some give Very huge profits too,So dont judge this channel on any one...
SELL below low of brakeout candle with 1:2 minimum take profit
AXIS BANK BIG STRONG BREAKDOWN MAY BE DUE TO RESULTS,AS per our technical analysis short if it crosses breakdown candle low below on tuesday with minimum 1:2 take profit
bank nifty shows a reversal pattern on 15 min frame and this is bearish pole and flag pattern, yes it also has M pattern in the making if you see the recent swing.
BANK NIFTY REACHING IMPORTANT REACTION LEVEL FOR 13/04/2023 as you can see it is reaching the first reaction level on my chart ,, I am expecting some retracement or be sideways tomorrow be alert at 41650 watch this live support and resistance levels on multiple time frame in single view by clicking below link on youtube
Bank Nifty Levels Support - 40100 Resistance - 40650 - 40750, 41200
Today will be gap up opening in BANKNIFTY . After opening if banknifty sustain above 39550 level then possible upside rally of 400-500 points upto 39950 Level. And this rally can extend for another 400 points if it gives breakout of 40050 level. Any Major downside only expected in case banknifty starts trading below 39450 level.
Bank nifty view base on Andrews pitchfork . The best leading indicator based on Newton third law