5th feb candle in the daily chart is completely out of the Bollinger band. This indicates that the Bank Nifty will take a sharp turn to return and find a solid support. On the other hand, weekly charts have a very strong bullish engulfing pattern which means that uptrend might just continue. The gap between the trendline and the candles is way above understandable...
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 ORANGE LINES ARE SELL LEVELS IF OPENING 5MIN CANDLE TOUCH BLUE LINE GO FOR...
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 ORANGE LINES ARE SELL LEVELS IF OPENING 5MIN CANDLE TOUCH BLUE LINE GO FOR...
Disclaimer :- This is not any buy or sell recommendation. This is just my personal view on this counter. There is a breakout generated in INDUSIND BANK on daily chart. levels as below. 1st Target :- 1100 2nd Target :- 1190 3rd Target :- 1300 Stoploss :- 970 on closing basis.
Since tomorrow is Expiry, I'm expecting this move within this week.
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...
Important levels are mentioned on chart.
So as we can see it have perfectly broken the head & shoulder pattern if you have shorted it you must have made a good profit but this suggestion is for tommaro. As mentioned on chart blue line shows the support trend if it takes support go for buy or if it breakes the level go for short but one more thing trade only after 9.44am dont be in hurry it is...
I hope you can now see how Banknifty represents an excellent low risk profit entry setup allowing you to trade in the market. Take positions so that the risk/reward is in your favor. Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis . Thank You Disclaimer: It should not be...
IF FIRST 5MIN candle touch blue line than we can go for long or orange line touched we can go for
1st TP- 60₹-70₹ • monthly strong demand zone • Trend line break • Strong buy
AXIS BANK 1ST TARGET 662.40 2ND TARGET 673.70 3RD TARGET 688.15 STOP LOSS 638.95
if blue trend line break then we can expect further downside on positional basis on BNF till 30500-28000 level
HDFC Bank has all time high of 1511.65 The script has strong resistance at 1485.10 and 1501 The strong support 1488.85 was broken today and that turned to be turing point and script has touched the day low of 1468.15 Refer to our previous video, as per our analysis the target was reached. Expected CPR Tomorrow: Pivot 1,479.10 Bottom CPR 1,481.25 Top...