Yesterday, Bank Nifty continued the rally. Both structures have the same extension variation, so there are no changes in the market sentiment. Today, GiftNifty is indicating a slightly negative start. If it opens like this, let's look at what might happen in Bank Nifty. >Structurally, it's a bullish market and both have an extension. According to the extension,...
S&P500 index looks ready for a correction from current levels of 4100-4150 , upside rally is overheated and requires a good correction if has to rally again
Bank Nifty about to give a big breakout at upside but if it will take to happen atleast 1-2 days after consolidation then it will be breakout. For tomorrow, morning first half should be bearish and pressure upto 40500 and then a good upmove can happen.
Wath you thik. it's a Nifty 50 chart for intraday. currently nifty is treding in range for Daly time fram. To day USA market is also open negetive.so i thought 19 Feb is negetive opening day for Indian market it is my pridetition i hope you like it anlyise.
NSE:BANKNIFTY Only for educational purpose.
Bank nifty is making a wedge pattern, can go long as well as short.see levels and target. entry: 30250 tgt : 30000 SL: 30410 If you want to trade upside then here are the levels : entry: 30650 tgt : 30780 SL: 30250 Try to trade it downside because in upside R: R ratio is not considerable.
BUY - Above Green Line Sell - Below Red Line Target - Black Line *Important - Candle Close .