The overall banking sector is suitable for buying opportunities, SBI Bank has been the most appropriate stock for a long and it is near to all-time high, if there is any pull bank it would be buying on deeps.
800 level act as support, if 800 level break it will fall 10% to 15% more
IDFC First Bank - Long term Bullish Current trend is bearish, buy at 33 and 32 levels. Educational purpose...
Axis Bank at crucial level 640, above 640 buying & below 640 selling
Banknifty has broken down a descending triangle pattern, in best case scenario there may a pullback up-to 35600 level so plan your exits from bank stocks accordingly. we can see a fall up-to 27500 in coming days. avoid buying until there is a proper formation of bullish reversal pattern
📈 Indusind Bank 📉 My Findings :- 1. Breakout from a resistance zone which was support earlier also with a strong candle. 2. Close above five months high. 3. Higher High and Higher Low formation. Bias- Long Target- 1139 and 1229 SL- 930 RR- 1: 2 All Important Supports and Resistances are drawn in chart. All levels are of Spot and on closing...
NSE:BANKNIFTY Hi This is an continuation forecast for nifty . Please follow us with likes and comments. Thank You Wave Forecast
NSE:YESBANK =Rectangle formation after a bear trend indicating short term trend reversal. Yes bank has witnessed a very long bearish downtrend. Yes bank has taken a support of lifetime low and its is consolidating heavily around that zone for more than a year Have given a breakout from rectangle formation on daily timeframe with volume spike. ...
📈 HDFC Bank 📉 This Stock Broke out from a Downtrending Trendline Zone after testing four times with a strong green candle. Bias - Long Target - 1566, 1688 SL - 1429 RR- 1 : 2.5 All Important Supports and Resistances are drawn in chart. All levels are on closing basis. Please have a look and revert back if you need some more study on it. Disclaimer : Consult...
📈 Bank of Baroda 📉 This Stock broke out from a Resistance zone of 105-108 after testing twice. I am biased on long side because todays candle is strong green. On Buy Side I am looking for Targets of 118. StopLoss should be kept at 105. It offers 1:1 Risk Reward. All Important Supports and Resistances are drawn in chart. All levels are on closing...
Hello, banknifty analysis & technical levels for tommrow above: 36,000 index will go upto 37,700 will be resistance (target identified from harmonic xabcd/abcd pattern level 0.786/2.0) & below 35,370 if breaks index will go upto 34,100 will be support. LOGIC BEHIND TRADE: Index is trading in range (36,000-35,370) breakout & breakdown of range will decide market...
H Chart 1. Buy above 36000 level 2. Sell below 35000 level Disclaimer : > This analysis is for educational purpose only. > Keep an eye on global market as well, trade as per market condition.
NSE:BANKNIFTY Hi In this forecast we have added our all the past forecast of 3 weeks for bank nifty . Check out them and see the difference in trade with neowave. Thanks.
Hi everyone, Banknifty analysis & view on hourly chart index looks bearish and formed (M) pattern & from 37,300 index can take bounce & if breaks can go upto 36,400 & 35,500 (targets identified from harmonic xabcd pattern level 1.272/1.618) banknifty index looks bearish.
Keep this stock in watchlist. 1.Inverse Head & Shoulder pattern formed 2.Breakout with high volume . 3.Seems like there is nothing to retest. Buy above - 105 Targets mentioned in the chart above. Please LIKE, COMMENT and SHARE to motivate and support me. I'll keep on posting new ideas on Indices & Stocks. Be sure to follow so that you don't miss any good trades...
Hello Everyone This is an continuation update from Friday forecast, likely for 1-2 days view for bank nifty . This structure will be cancelled when invalidation level will brake.
Hello Everyone This is an continuation update from yesterday forecast, likely for 1-2 days view for bank nifty . This structure will be cancelled when invalidation level will brake. you can use 1hrs time frame 2x ATR as a stoploss.
Hello Everyone This is an continuation update from yesterday forecast, likely for 1-2 days view for bank nifty . This structure will be cancelled when invalidation level will brake. you can use 1hrs time frame 2x ATR as a stoploss.