SBI must break 200 levels to give further movement upside. With a solid previous quarter results, Holding and waiting for the breakout.
bank nifty break upside 22380 above strong buy tgt for buy 22550,22745 as well as break down side 21800 below strong sell tgt for sell 21560,21384,21003 market going asending trangle shape
Banknifty moving in a channel and narrowing its range thus hinting us to break the lower trendline. Might be risky as we were entering before the breakout but if this thing works we may easily capture around 300 points. Most of the people might be wating for breakout of lower trendline thus entring before the audience to have the first mover advantage, if it will...
trading in sideways enter at 98.80 with a strict stop loss or else enter when box breakout upwards for a target of 111
Hi Guys. COnsistently bank nifty and nifty r in uptrends. Nifty Pe ratio high. But FIIS making nifty to 11500. If nifty moves yes, bank to hope so...Tomorrow Bank Nifty can reach New high 22544/- Charts are purely for educational purpose Only. Regards AKS Dubai
After market watching levels hit awesome feeling guys. check out the chart all 3 targets on the upside hit and plan worked as per our levels.
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 . Disclaimer: It should not be assumed that...
Bank nifty is in a short term support. Chances of pullback from this level is possible.
ICICI Bank can move towards 400-414-434. Below is my strategy for traders in this banking stock. Upwards:- Wait for ICICI Bank to take a direction. It currently stands at its resistance of 380. If this moves upwards or opens with gap-up, take an entry/buy position at 386-388 only after it touches 388 atleast once. Entry point: 388, SL: 378, Target: 400 (Intraday),...
Price entered in weekly time frame Demand zone Also EMA 20 support is there
Buy at 525-527 if it shows strength with good volume with a stop loss of 510. Short if it goes below 510 with a target of 499 with stop loss of 525.
Support and resistance lines are drawn, place stop loss and targets accordingly. The stock is looking very weak below 498.55, take long positions carefully.
Our support and resistance levels worked like a charm on 15th july. I think the market is weak, trade cautiously near support and resistance levels drawn here.