Bankniftylong
WHY TRADES GET FAILED WHEN LOGICS ARE NOT USED IN YOUR TRADING Hi Traders,
This is the screenshot of next week's trading planning of bank nifty, As the title of this post suggests, I want to discuss the failure of trades that I discussed in detail, The video link has been given in the box below this summary. you are advised not to skip any part of it that will clear all doubt of 5 min techniques.
Yogesh Vats
BankNifty Expiry View 8 April 2021Bank Nifty is making a flag
might remain in the range if opens flat else if breaks any of levels up or down,
then target levels are given accordingly...
Also, additionally as per Elliot this seems to be forming wave 2 of an impulse wave 3
and if breaks upper level then a good fast move upside is expected as wave 3 of 3 is impulsive.
BANKNIFTY Hero or ZeroAll Levels Provided in The Chart Itself.
Inverse Head and shoulders pattern formed in Bank Nifty in 1-hour timeframe.
Inverse Head and Shoulder is also known as Inverted Three Buddha Pattern/ Three Buddha Bottom.
Strict COVID-19 rules in Maharashtra imposed.
HDFC bank is weak due to its Net Banking issues.
Other Banks are very strong.
But HDFC has a high weightage in Bank Nifty.
Can be a crucial move tomorrow for the whole of the April series.
NSE:BANKNIFTY
BankNifty Analysis for Next WeekAnalyzing BankNifty on the hourly time frame and it is looking to heading towards the upper blue line.
First Target for the Buy trade would be 34320 and then 34900 odd levels.
If BankNifty tests the lower Blue line again, that can be another Buy opportunity with minor 100-200 points of SL for bigger targets.
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
BANKNIFTY CHART ANALYSED FOR 30th MARCH 2021At crucial range which will decide the upcoming trends
The range that must be kept in mind is 33200 - 33600 which is the most crucial levels and stands as NO TRADING ZONE for tomorrow
Will only take trades If any of these levels are broken with proper candle close ✅
HOW POSITIONAL TRADING CAN BE DONE WITH THIS HELP IN BNFHi traders,
In this screenshot, I manifested the move for next week and marked the highly potential points to make your intraday trading and positional trading easy. If you follow the instructions shared in detail through this video. you will definitely earn this week. The link is given below from where you can access this video.
Yogesh Vats
HOW A TREND IS EXTENDED IN ANY STOCK & INDICESHi Traders,
In this video blog, You will get information regarding how a trend is extended in any stock or indices. This way you can easily see how any price behaviour in spite of finishing the trend gets an extension in price. For this information see my video, the link is given below in the description box. Next week trading plan is in form of a screenshot to know more about this plan see the video.
Yogesh Vats
PRIOR INFORMATION OF TREND+TIMING OF TRADE CAN MAKE TRADING EASYHi Traders,
This post shows next week's trading plan of bank nifty weekly trading. My initiative to make trading easy for every trader has been discussed in detail and how to get maximum, I share information prior to any move that can be implemented with timing can b seen in the video. The link is provided in the box below this information.
Yogesh Vats
Bank Nifty FuturesBank Nifty Futures
RSI on daily charts has just bounced from 50. Moving average are just crossing over and there was a recent Doji which could be a start of a new uptrend. Daily charts means that this study is for a positional or short-term trade with a timeframe of about a week.
Intraday charts or 15m charts look a little doubtful. I am looking at Heikin Ashi to understand the trend and the closing candle was a red one and this means that we might see a little weakness in the start of the day. I tend to lean more towards the chances because RSI is in the overbought range as well.
The first support is at around 36000 which is a good 485 points from the closing of 36485. Entry to make new long positions can be made at around 36300 levels with stop loss well below 36000. I feel that bank nifty will bounce back once it finds support.
BANKNIFTY Critical Support Level Breakdown or BreakoutBanknifty will become weak below 34650 and we can sell aggressively for a target of 34250 level.
Banknifty above 35250 can retest 35900 level.
The key levels are identified on the chart.
P.S. I was playing football and got severely hurt due to which I was not trading or posting ideas for almost a month. From now on. I will post regularly.
HOW TRADING GETS EASY WHEN YOU HAVE PRIOR INFORMATION OF MOVEHi traders,
This is the screenshot of my weekly analysis where I marked all levels of trading next week. Hope in last one year I made your trading easy same will be felt by next week. If you want to get every detail of this marking then see the video, the link is given below box.
Yogesh Vats