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Bankniftychart

Banknifty Bulish Expanding TriangleBanknifty Bulish Expanding Triangle Today Banknifty break all time High. It's an historical moment of Indian Economy as well as bank nifty Index. As per the chart pattern Banknifty trying to break all previous highs including today. This is all time high position now briefly understand the position where we are--- Upper side no resistance only at 43900 predicted. Lower side 43300 is a strong support zone. Market close with Green Marubuzu mean to open with green signal or going towards long.(Predicted) as per Oi data of 15th Dec Expiry PCR is 0.75 which is below 1 . it will change after market open tomorrow. FII's strongly Buying Future and Option. as per chart it will move upper side after taking a valid support. depend upon market situation. Perfect fib retracement zone is 43300 with pivot support and price action level. this position can be vary 0.5%- 1% up or down level. So Range 43300-43900 predicted *Anything is possible in the FNO market **Be careful before taking sharp entry watch keenly and do your best trade. ***don't take "One More Trade" which will harm your mindset and damage you capital.
NSE:BANKNIFTYLong
by dasarijit245
BankNifty view for the week of 25th - 29th OctoberGood evening all, Mount 40000 achieved last week and reached almost 40600 to settle at 40300. What next? Between here and 40750 is a strong resistance zone and we wait for that to be breached if we are to see 42200. With a 14 day ATR of ~570 points, Monday again becomes important for us. Also, the current level forms of 1000 points range between 40300 and 39300 where it took support. If it breaks that level, we may see a drop of 800 points to 38450. So, be aware and trade accordingly, wait for the long and short both. *** This is a view and not necessarily a trade recommendation *** However, If you like my idea..., hit like, follow me, and do spread the word.
NSE:BANKNIFTY
by ChartMantra