BANK
BNF MORNING COUNTER TREND TRADE T @ 27415BNF counter trend trade for aggressive and nimble traders only to go long with stop @ 26945 ...........shot for 27415 MAX.....Respect Risk...........Happy Trading
BNF TO PULL BACK TOWARDS 27415 JUST TO CONTINUE LOWERWait for pullback to occur and go short with T1 @ 26971-26806
Bank Nifty tomorrow 20-08-19Marked Yellow lines are crucial Support Levels for the Bank Nifty. If Nifty Close above the yellow line, then First target would be around 28600+ If close below the yellow line then the first target is 28067 and close below that will leads to 27700.
Kindly avoid buying/selling on consolidated area (Yellow line)
Disclaimer: For Education purpose only
Nifty and Bank nifty analysis Nifty and Bank nifty is near by previous demand zone.. it will retest that zone and come down to next monthly support ( red colour line)...
But in 4 hrs chart, it both charts are in consolidation zone... once it complete it will come down...
Let’s see in next week
Bank NIfty to push higher with a pull back T28246BNF to pullback to support zone L1-L2 to push higher towards 28246 for 16 Aug......stops below 27700 ......Respect risk.....Happy trading
TCS -Opening Decides the move1 Aug bars have turned into support but 500 SMA is also strong. What do you think ?
Reliance Analysis - Small Dowside but might recover.Probable Downside, but also watch 50 SMA closely. What do you think ??
Bank Nifty AnalysisProbably Playing S&R, Also 100 SMA is in helping to give a clear trend picture. Falling would be a most likely condition as compared to Nifty 50 but don't ignore the support just below. What do you think ??
HDFC CHART ANALYSISHDFC chart analysis, HDFC interim support rests at 2000-2010 around that it must take retracement to statisfy the long trend line, a closing below 2108 can take it upto 2050 levels then further downwards and upcoming resistance is being observed at 2192 after which a closing and a follow up can give good move in HDFC. Support and resistance are still yet to be confirmed and HDFC can show up some bounce and then may take support around 2050 levels Please consult your financial advisor before trading.
Bank Nifty Technical PatternBank Nifty Technical Pattern
Interesting Chart Pattern Idenfied
In case it continues the momentum, and in the process break 29770,
But since the PCR ratio are loudly pointing towards the other Side.
Close Watch for next 2 Days.
Further Strong Slide
We will meet on ThursDay to review this.
bank nifty will travel in rangeBank nifty is showing some strength but nifty is not supporting Bank Nifty.
It can travel in range for tomorrows session.
bank nifty in support trend lineOnce the trend line break bank nifty will move down. This view is for Monday.
BANK NIFTY: WEEK-TECH-SHEET->22nd July 2019 to 26th July 2019ghstocktrading.webnode.com
BANK NIFTY: WEEK-TECH-SHEET->22nd July 2019 to 26th July 2019
Bank nifty moves around -764.15 pips from 22nd July 2019 to 26th July 2019, in which bank nifty break last week 15th July 2019 to 19th July 2019 bottom 29705.75.
BANK NIFTY: Breaks April Bottom: 29435.05
axis bank buy for long side ( good oppurtunity ) go fo itaxis bank go for it .
seller are dryed out , so go for long.
Disclaimer: All posts/views are for educational purpose only..!!
Kindly contact financial advisor before taking position/decision.
HDFC BANK SHORT TERM BULLISH AND LONG TERM BEARISHHDFC BANK SHORT TERM BULLISH AND LONG TERM BEARISH
