BANK NIFTY | (NEOWAVE FORECAST)NSE:BANKNIFTY
Hi
This is an continuation forecast for nifty .
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Wave Forecast
Bankingsector
YESBANK - TREND REVERSAL PATTERN FORMATION 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.
This might give follow up move in some time
Take small quantity above 15.25 for a swing trade and keep accumulating more on the breakout test zone.
# Have discussed how to trade rectangle pattern refer it for more detail.
Hope you found this helpful and I sincerely hope you find a ton of good rectangle formations to trade-in!
Happy Trading!
Bank of Baroda Breakout Analysis !!📈 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 basis.
Please have a look and revert back if you need some more study on it.
Disclaimer : Consult Your Financial Advisor Before Taking Any Decision On This Analysis.
HDFC Bank Chart Analysis !!📈 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 Your Financial Advisor Before Taking Any Decision On This Analysis.
BANKNIFTY ANALYSIS FOR 23 MAR 22Hello, 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 direction. NSE:BANKNIFTY
Bank Nifty Trade Setup for 03rd MarH 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.
Bank Nifty Neowave ForecastNSE: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.
BANKNIFTY ANALYSIS FOR 14 FEB 22Hi 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.
Federal bank Inverse Head & ShoulderKeep 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.
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Bank Nifty ( Intraday Update)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.
Bank Nifty (Intraday Update for Monday)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.
Bank Nifty ( Intraday Update for Tomorrow)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.
SBI CARD (Target is about to reach)Hello everyone
SBI CARD is about to reach its target range it can go also above that but book your profits in this range as we are already in 5 wave and with it (A) wave will be completed soon.
SBI CARD | NEO WAVE FORECASTHi
This is our weekly forecast, in this we are updating our weekly neowave view for bank nifty and 8 stocks. If anything changes in the count we will update you next week
if you have any query, than write in comment box.
Thank you.
SBI BANK | NEO WAVE FORECASTHi
This is our weekly forecast, in this we are updating our weekly neowave view for bank nifty and 8 stocks. If anything changes in the count we will update you next week
if you have any query, than write in comment box.
Thank you.
Bank Nifty | Neowave ForecastHi
This is our weekly forecast, in this we are updating our weekly neowave view for bank nifty and 8 stocks. If anything changes in the count we will update you next week
if you have any query, than write in comment box.
Thank you.
Bank Nifty Short Term AnalysisNifty is looking bearish for now due to weakness in the market. It can bounce back from one of these supports. Wait for confirmation of reversal before entry. Breaking the previous swing low can cause further correction.
BANKNIFTY INDEX ANALYSIS FOR 04 JAN 22Hi everyone, Banknifty index analysis & view for this week recently banknifty index has given breakout of it`s important resistance level 35,500 & now it`s trading on 36,500 which is harmonic prz area (level 0.786). Price may correct from here if sustain above 36,500 can go upto 37,600 (level identified from xabcd pattern level 1.131) in 1hour chart banknifty index looks bullish index has changed it`s downtrend & new uptrend has started. NSE:BANKNIFTY
Trade Plan 20 Dec 21 onwards : Bank NiftyFollowup Plan of Action
Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk.
"Always Respect Risk"
Happy Trading
Jai Hind
BANKNIFTY INDEX ANALYSIS FOR 20 DEC 21Hi everyone, Banknifty index analysis on 1D chart index recently break it`s daily support 38,400 & bounced from 35,500 too 37,600 (level identified from harmonic xabcd pattern level 1.272) after bounce index is trading on it`s important support 35,500 if breaks then next support is between (33,900-33,100) levels identified from harmonic xabcd & abcd pattern levels 1.618/2.0) now between 33,900-33,100 will be strongest support area for banknifty index on daily chart & can take bounce from it. Banknifty index trend has changed too downtrend! NSE:BANKNIFTY
BANKNIFTY INDEX ANALYSIS FOR 09 DEC 21Hi everyone, Banknifty index recently given breakout of it`s dynamic & static resistance 36,860 & maybe pull back comes to test it`s support 36,860 next resisitance for banknifty index is 38,200 swing is calculated from harmonic xabcd pattern level 1.131 overall index trend is changed & banknifty index is bullish on 1HR timeframe. NSE:BANKNIFTY
IDBI - Falling Wedge Long term falling wedge, breakout above 43.5 will give a big jump till 65-80-110.
BANKNIFTY INDEX ANALYSIS FOR NEXT WEEKHi everyone, Banknifty index this week we`ve seen more than 2,400 points fall & it breaks 38,400 support on 1D chart and bounce back from 36,150 but again in last trading session it breaks 36,150 now next important support is 34,900 (Identified from harmonic xabcd pattern level 1.414) can take bounce but still breaks 34,900 support can go upto 33,900 level identified from harmonic xabcd pattern level 1.618 overfall banknifty index is bearish in 1D chart. NSE:BANKNIFTY
