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...
ghstocktrading.webnode.com BANK NIFTY: WEEK-TECH-SHEET->02ndNovember2020 to 06thNovember2020 Bank nifty moves around +2732.85 pips from 02ndNovember2020 to 06thNovember2020, in which bank nifty break last week 26thOctober2020 to 30thOctober2020 top 24809.65.
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...
ghstocktrading.webnode.com BANK NIFTY: WEEK-TECH-SHEET->26thOctober2020 to 30thOctober2020 Bank nifty moves around -1196.95 pips from 26thOctober2020 to 30thOctober2020, in which bank nifty break last week 19thOctober2020 to 23rdOctober2020 bottom 23754.85.
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.
ghstocktrading.webnode.com BANK NIFTY: WEEK-TECH-SHEET->12thOctober2020 to 16thOctober2020 Bank nifty moves around -1219.40 pips from 12thOctober2020 to 16thOctober2020, in which bank nifty break last week 05thOctober2020 to 09thOctober2020 top 23904.10.
Bank Nifty is trading above Fibonacci level of 0.50% which is placed at 24364, looks bullish
Bank Nifty is trading above Fibonacci level of 0.50% which is placed at 24364, looks bullish
ghstocktrading.webnode.com BANK NIFTY: WEEK-TECH-SHEET->05thOctober2020 to 09thOctober2020 Bank nifty moves around +1656.85 pips from 05thOctober2020 to 09thOctober2020, in which bank nifty break last week 28thSeptember2020 to 02ndOctober2020 top 22293.75.
Hi Traders, 1. On the 2nd of October 2020, I wrote in my weekly blog of bank nifty regarding the direction of the trend this week and quoting point no. 2 of the trade plan section as proof of my statement made one week ago, of real price movement. "On the contrary, If the price takes out the pink dotted zone upside then the price will see...