29400 is small resistance and 28800 is support.. if break 28800 then can move downside, if break 29400 then will fly upside... as structure is channel and triangle pattern.. let seee how will it move.. write ur view in comment....
best combination of 15 min chart and 1 hour chart..... if both trend match then it will move smooth.... otherwise zigzag move.... write ur view in comment..
Hi Traders, 1. On 13 th Nov 2020, I wrote in my weekly blog about the green line taken out the condition and you can see it got fulfilled and gave Approximately 700 points is quoting my words of the statement in trading plan section point no.1" I marked a blue line if it is taken out in both time frame 1h & 15 min then I would like to leave my...
bank nifty is strongly bullish ! but dont take blindly !!! bank nifty broken 29000 major resistance after failing first attempt.... 28800 is major support if breaks then market bias turn bearish other wise not... high probability is market can open gap up... 29000 will may turn into support ... write your comment below... whats your view no sell buy...
see chart how bank nifty turns from bearish to bullish... red arrows indicates resitance and green arrow indicates supports.... now, bank nifty on 28500, upper side 28700 and 29000 are next resistnace.. 28300 is support near by...may be its possible to pull back up to there. before go upside ...otherwise continue upside no sell no buy...
Hi Traders, Happy Diwali !! May Goddess Bless You with health & Wealth !! On the 6th of Nov, I wrote in my weekly blog on Bank nifty regarding neutral sentiments with point no.2 of the trade plan...
Bank Nifty has taken a double bottom and tested 0.50% of Fibonacci level on a 15 mins to 1 hr time frame, rest is explained in the chart with the marking
The analysis is given on the chart Comment if you have any query and if you like my analysis, don't forget to press the like button. I am not a SEBI registered investment advisor and hence do not follow my analysis blindly. Be aware of what you are trading and the risk associated with it. Stock market is risky and you can lose a lot of your capital. Be wise and...
Hi Traders, 1. On 31st of October 2020, I wrote in my weekly blog the rally you saw this week with clear conditions that even a layman can understand. See the words I quote as proof of this upside move in trade plan section point no.1 " In the current fig I marked one red line upside If this is taken out in the next session in both time frames...
Bank Nifty has reached the earlier given target ( Fibonacci level on long term view 0.618 ) and now its time for a reversal trend. Anything above the current level is purely a STOPLOSS HUNTING. The next strong bullishness is only above 26958 Rest is explained in the chart with the markings tagging the previous chart down
Hi Traders, 1. On the 9th of October 2020, What you saw in BNF could have earned 1800 points without my help. You just had to follow religiously my marked levels and taken out condition with price movements. That I will show in the latter part of this blog. As usual, I will prove my last blog's conditions to you. Let's checkpoint no. 1. of trade...
bank nifty taken support as i shared in early post... its tried to break support of 24000 but faild now, bank nifty trading on support of 24000 .. if its break then fall upto 23600 .... if its take up side from current support then fly upto 24800... please see chart, and observe ... write in comment whats your view.... * i shared for study purpose only no...
Bank Nifty has given Top outs. The Highest O/I is seen at call 24500 and 25000 and PUT 24000 and 23500
short term reversal can be seen in bank nifty
Price when compared to previous triangle breakouts it is bigger and the target is near the resistance point. If breaks the triangle up side then 25250 will be the target and there will be some consolidation for the price to settle and then it will once again rise up.
Bank Nifty is trading above Fibonacci level of 0.50% which is placed at 24364, looks bullish