BnF has reversed from the .78 fib retracement in a classic channel. It is all set to touch the support of 25400. With the last election budget coming up, this doesn't seem far. A massive sell-off is enough.
Bank nifty moves around + 429.35 pips from 14th January 2019 to 18th January 2019, in which bank nifty did not break last week 7th January 2019 to 11th January 2019 top nor bottom. As mentioned on reference 4th January 2019 evening order Bank nifty attained target 3, yet to attain target 4 Target 4: 28000
ICICI is forming Inv HnS with favourable volume profiles, favouring the long side breakout, as already given in a previous analysis (used harmonics last time)
ICICI Bank CMP 349 Target for the current set up can be around 415. Important levels mentioned in the chart itself On the lower side 335-343 is an important zone which should be protected on a weekly closing basis. Momentum might be seen once the stock crosses the hurdle of 358-364 zone Risk::Reward ratio looks favorable for Bulls Take care & happy...
Nifty index, has formed a bearish correction wave after the completion of the impulse wave that started at the end of the 2008 Crisis, pushing equities higher and higher. NIFTY looks to make lows at 9800 or even drift lower as time passes. With elections around the corner, it doesn't seem that impossible either. SO, keep your positions light and breezy in the...
BnF looks like it just broke the support of the small channel that was made between 27120 and 27180. See the first two candles and decide whether to go long or short. The Risk-Reward in short is much better than long side. So, i go for Short. If it breaks 27090, on the 10 min candle, gap filling followed by fresh shorts (In the volatile market that we have, with...
BnF looks all set to scale new highs! game on!
NSE:BANKNIFTY 'A Slience before the Tsunami' The current move explained through video Analysis. This slow upward movement is an indication of something bigger should be expected from the market. Quote: “If you spend your whole life waiting for the storm, you’ll never enjoy the sunshine.” — Morris L. West
HDFC bank is forming a head and shoulder and is expected to follow the price movement mentioned on the chart. Trade Safe! Make money! . . . . . . . . . . . . . Kindly consult your financial advisor before taking any positions.
BANK NIFTY REBOUNDS Bank nifty starts below previous day 24th December 2018 low 26676.95, completed positive around + 621 pip which breaks previous week17th December to 21st December 2018 low 26823.10 as well as previous day 24th December 2018 top 26934.85 If it breaks 27029.15 Buy at entry: 27031 Stop loss: 26408 Target 1: 27186 Target 2: 27238 Target 3:...
BANK NIFTY OPTIMISTIC???? bank nifty starts above previous days 25th December 2018 top 27029.15, complete negative around - 394.85 pip continue with reference 26th order If it breaks 27029.15 Buy at entry: 27031 Stop loss: 26408 Target 1: 27186 Target 2: 27238 Target 3: 27342 Target 4: 27654
CMP 16 Buy range 15.8-16.1 SL 15.55 TARGET 16.75
BANK NIFTY SPOT VIEW SUPPORT 25870 > 25750 25625 25505 RESISTANCE 26042 > 26150 26260 26379
KOTAK BANK is in the NICE Bearish LEG. .
1) Making Higher lows 2) RSI divergence Looking for pullback