banknifty can give a good breakout as the 30800 is a very prominent resistance, This is how a good resistance looks like
ABOVE 30800 IT LOOKS VERY BULLISH BUT WE SHOULD WAIT FOR CONFIRMATION
I hope you can now see how Banknifty represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor. Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis . Thank You Disclaimer: It should not be...
ghstocktrading.webnode.com BANK NIFTY: WEEK-TECH-SHEET->23rdNovember2020 to 27thNovember2020 Bank nifty moves around +1344.95 pips from 23rdNovember2020 to 27thNovember2020, in which bank nifty break last week 16thNovember2020 to 20thNovember2020 top 29784.75.
Hi traders, My first video is for all my followers. Hope you will enjoy it and would be able to make money next week. For new readers writing taken out condition. Taken out condition works in the two-time frame combination for daily( 4 hr + 1 day) analysis. Similarly, work for lower time frames is also a two-time frame combination. For...
ICICI bank is a fundamentally strong bank. The underlying trend is bullish. Add on dips. The finance sector still has massive upward potential. The mid-Term target of 500.
Hi Traders, 1. As usual first I will discuss, last week's statement. On 20th Nov 2020, in point no1. of trading plan section, what I wrote is quoting for your consideration. "A white line is made if the price takes out in both time frames in 15 and 1hr then you will see the upside move." . Here you can see in fig after crossing the white...
ghstocktrading.webnode.com BANK NIFTY: WEEK-TECH-SHEET->16thNovember2020 to 20thNovember2020 Bank nifty moves around +1203.85 pips from 16thNovember2020 to 20thNovember2020, in which bank nifty break last week 09thNovember2020 to 13thNovember2020 top 29030.90.
As the indicators turn into selling . confirmed and high probable chances of selling ! till 10 of December expect to sell after 14 a huge moment shall be seen
BNF is making fresh high in the last week. Lot of pundits in the market are bearish on Bank Nifty gains in the last week but the market is all more pushing itself up to new high. Biden Victory has added more fuel to market gapping up on 9th Nov over the parallel Channel respected in the last few months. Will this sustain or will we see a retracement? If it...
30500 is next major resisatnce in weekly chart......
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...
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...