Banknifty Expanding Pattern Live analysis 12th Dec 2022 Still there is chance to find the Wining trade. PCR above 1 Upperside strong resistance in 15min chart Oi closely waived from 43500
Bank nifty Trading Idea Banknifty in historical position
Important levels Nifty & Banknifty to be keep eye on radar ....
NSE:ICICIBANK Hi Everyone This is an chart of ICICI Bank same as the structure of Bank Nifty where we are in a bullish trend which has been extended. Currently we are in L series in which we have completed 5 wave structure in M series, but rally has been extended and we are again in M series. Completed wave M1 and we are in correction of wave M 2. We likely to...
NSE:BANKNIFTY Banknifty is forming a pole and flag pattern which is identified as a bullish pattern if it do any breakout a great upmove is possible
#We Make Only Profit. #HDFCBANK #BANKNIFTY #NIFTY50 #NIFTY #SENSEX #TATA
Bank Nifty Trade Plan and Levels for Tomorrow.. Trend : BEARISH Sentiment : Positive We can expect small gap up open tomorrow and a pull back on the lower side. If any support getting formed at R1, Bank Nifty will touch 33150 and possibly we can go short with confirmation. You can refer the chart for Resistance and Support levels. Happy Trading!!! :-) ...
Nifty has closed in green on daily time frame and has formed an inside candle too. There is a bearish moving averages divergence and markets can remain in a narrow range. The market faced a good resistance from its 20 ema on hourly time frame. And traded around its 20 ema on 15 minute chart. Support:- 15830, 15745 Resistance :- 15895, 16080 Markets are still...
FIRST MARKET WILL GO UP THAN ALL SUDEN IT WILL GO DOWN. REASON : EMA 200 is showing downtrend - weekly + Daily + hourly + 15min + Rsi is runnig with bullish diversion but going to have resistance level which is their Bearsih Diversion. SUGGESTION : BUY PE NOTE:MAKE SURE TO WAIT FOR THE RIGHT TIME TO BUY THE PE IN OPTOIN MAKE SURE TO PUT SL.
Banknifty has been trading in Falling Channel from the last 109 bars on Daily time frame,in the last few days we saw bullish momentum in price and closing on friday gave more strength to bulls. Further view according to price action is, if the index manages to give breakout above this falling channel then we can see Banknifty to touch 39000-41000. On the downside...
From the first week of March, Bank Nifty rose 4000 points in 45 degrees and after that, there was no clear direction in mid-March. Now we are at end of the March series still we are getting stiff resistance in zone of 36200 to 36700 range and clearing this seems tough for banknifty So for April Series, We are using Harmonic Pattern for Projection. We are...
Hello Traders, Strategy to follow : 1.Sell on Rise near Resistance Level if market Opens Gap Up/Near Resistance Level . 2.Buy on Dips near Support Level if market Opens Gap Down near . Please take the trade according to the levels marked, with Stop Loss. This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to...
Banknifty failed to hold the breakout & the sell-off came from 23.6% of the pullback, which is extremely bearish and we see the triple top in the hourly chart. Immediately until 36,850 is not taken out, we might retest the recent low and go down further. Where? 34,650, if it doesn't hold more pain ahead. If 36,850 is crossed, then go long else remain...
I have posted, how the market behaved today.z The setup was explianed on the weekly short term positional view:-
#banknifty view for 24th Aug'21 The moving average are giving sell signals ( DMA 5/10/20/50 - 35,534 / 35,765 / 35,439 / 35,230), support 100 DMA 34,320. Today Last week's swing low of 34,930 was broken on an intraday basis, which is not a good sign. The majority of pivots are placed at 35,090. DZ:- 35,090 (intraday) & 35,427 - 35,531 (positional) Sum up,...
34930 looks to be a strong resistance and close above that e can expect to test 35057 again. Resistance at 34927 we can expect it test previous closing and 34667. If 34667 taken out we can expect good move to 34400 levels
Intermittent view for 27th July:- The whole day the index remained range bound and hovered around 35000 levels. If the index fails to sustains above 35k tomorrow, selling pressure might be seen which might drag the bank nifty to 34,700 to 34,350. Weekly analysis was already posted over the weekend:- The rest of the view remains the same. Regards, SG.
#banknifty analysis for 15th June'2021 Decision Zone:- 35,088 - 35,092 Resistance:- 35,350 / 35,550 - 35,650 Support Zone :- 34,930 / 34,801 /34,673 / 34,259 / 33,964 Reduced the time frame to 15 min, to capture intraday moves. I will try to post delta updates on a daily basis or if there is any significant change in structure. One of the best forms of PA...