Above 1990 target-2024-2048-2085 Up trading stock Good volumes Showing Falling wedge type pattern so if closing Below 1885 Target 1863-1851-1834
BANK NIFTY Support n Resistances with RSI Trading Idea
This is the daliy chart of bank nifty Currently we have finished (3) wave and playing in wave (4) after this you will see an another movement till failure of that wave
YES BANK is forming ascending triangle. Watch out for the break and aim for a possible long position.
as we can see the price resistance at the level of 868-870 which is unable to break by price so we looking the oppurtunity for the short. Bearish view- short around 864 for the level of 850-848 with the sl of 870
We were long in banknifty since a long time; I have been trying to keep an update on the levels. Now, since it is moving a bit in range since sometime, it is not showing clarity for wave counting, it could be some wedge\ending diagonal. Never mind, right now it seems bullish for 30860/31120. 30860 can be touched on Monday itself, and if opens gap up, then it might...
NSE:BANKNIFTY Key levels are 30800, 30650, 30600. at least 1 breakout or breakdown is expected .
bank nifty levels ...21/12/2020 (15min candle)
Buy @ CMP CURRENT MARKET PRICE First Sell Target @ 400 Final Sell Target @ 420
ALL THE LEVELS AND PATTERNS ARE MARKED ON CHART, RED ZONES DENOTES SUPPLY ZONES AND GREEN IS FOR DEMAND ZONE . IT IS TAKING SUPPORT FROM 0.5 FIBO LEVEL AS WELL AS 50 EMA IN 2 HOURS TIME FRAME. IN 30 MINS IT IS GETTING SUPPORT FROM 200 EMA BUY ABOVE 1840 OR SELL BELOW 1800; DEPENDS ON THE BREAKOUT. The indicator used: 1) Daily Lines plots Daily 20 (BLACK) & 50...
As per 30 min chart technical analysis , my own idea is bank nifty will come to down morning first 30 min it will reach (5th wave) 30449 then second 30 min retrace 3 rd 30min may forms touch the previous high 30449 then it may come to downward . This is reference for awareness to loss Becare