Banknfity
Bank Nifty Outlook...BANKNIFTY make Sideway Trend keep watch dont enter before Breakout Confirmation
Nifty bank chart Study...Guys BANKNIFTY make new high keep watch
if down keep watch the retest area and pull back again
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The information contained in this presentation is solely for educational purposes. Does do not constitute investment advice. I may or I may not take the trade.
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Banknifty Long possiblity !Simple Classical principal that previous Resistance once broken works as a support we can watch the area for a potential long trade in Banknifty. RSI reading in overbought Zone is endorsing the view.
Bank Nifty Bearish harmonicBank Nifty retraced 0.618% of earlier fall from 20300 to 17600, Bearish Harmonic pattern sited
Can sell with 19400 sl
Mon 16 Jan Timewave View on NiftyGood Morning Guys!
From 27th Dec to 12th Jan, Nifty gave a marvelous impulsive upmove, and Timewave booked 375 points of profit.
Now we are short from 8400 level, and Nifty will remain down till 18th Jan Wednesday.
This is a retracement move of the impulsive upmove. Targets are 8320 and 8298
New short positions can be taken at 8400 level.
Bank Nifty to retest the support 18200Bank Nifty has been trading in down trend channel, today it closed on bearish sign (dark cloud cover) and seems to be approaching the support again somewhere between 18200-18150. traders may go short in Bank Nifty tomorrow with a target of 18200.
KARUR VYSYA BANK - Descending Triangle Breakout It is been observed that price action makes a strong support levels at 460 levels where it jumped back price action and formed a descending triangle. Now, it has confirmed a breakout from the triangle indicating further bullishness. It shall move forward to 500 levels as per the measuement of triangle rules.
Target: 500
Stoploss: 475
09SEP-Banknifty trading viewBANKNIFTY another interesting study. we may use this channel for the next few trading sessions. channel support comes near 19950 zones.
respected the upper channel line for multiple candles. looks like a good shorting idea below 20230 spot.
