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. ...
📈 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...
📈 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...
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.
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.
Hi 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.
Hi 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.
Hi 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.