BankNifty - Short Term Buy IdeaBankNifty has retraced almost 61.8% fib levels and gave a reversal candle stick pattern at those levels. This indicates the short term correction is over and would start a new upmove from here towards the target of 28700 levels for BankNifty. Keep a stoploss around 27000 and trade long for the targets.
Bankniftylong
BANK NIFTY: WEEK-TECH-SHEET->19th August 2019 to 23rd August 201ghstocktrading.webnode.com
BANK NIFTY: WEEK-TECH-SHEET->19th August 2019 to 23rd August 2019
Bank nifty moves around -1908.30 pips from 19th August 2019 to 23rd August 2019, in which bank nifty break last week 12th August 2019 to 16th August 2019 top 28358.85 as well as bottom 27683.50.
BANK NIFTY: Breaks February Bottom: 26617.70
BANK NIFTY: WEEK-TECH-SHEET->12th August 2019 to 16th August 20ghstocktrading.webnode.com
BANK NIFTY: WEEK-TECH-SHEET->12th August 2019 to 16th August 2019
Bank nifty moves around -675.35 pips from 12th August 2019 to 16th August 2019, in which bank nifty did not break last week 05th August 2019 to 09th August 2019 top nor bottom.
BANK NIFTY: WEEK-TECH-SHEET->05th August 2019 to 09th August 201ghstocktrading.webnode.com
BANK NIFTY: WEEK-TECH-SHEET->05th August 2019 to 09th August 2019
Bank nifty moves around +1213.25 pips from 05th August 2019 to 09th August 2019, in which bank nifty break last week 29th July 2019 to 02nd August 2019 bottom 27936.35.
BANK NIFTY: WEEK-TECH-SHEET->29th July 2019 to 02nd August 2019ghstocktrading.webnode.com
BANK NIFTY: WEEK-TECH-SHEET->29th July 2019 to 02nd August 2019
Bank nifty moves around -1656.60 pips from 29th July 2019 to 02nd August 2019, in which bank nifty break last week 22nd July 2019 to 26th July 2019 bottom 28871.00.
BANK NIFTY: Breaks May Bottom: 28525.45
BANK NIFTY: WEEK-TECH-SHEET->22nd July 2019 to 26th July 2019ghstocktrading.webnode.com
BANK NIFTY: WEEK-TECH-SHEET->22nd July 2019 to 26th July 2019
Bank nifty moves around -764.15 pips from 22nd July 2019 to 26th July 2019, in which bank nifty break last week 15th July 2019 to 19th July 2019 bottom 29705.75.
BANK NIFTY: Breaks April Bottom: 29435.05
BANK NIFTY: WEEK-TECH-SHEET->15th July 2019 to 19th July 2019ghstocktrading.webnode.com
ghstocktrading.webnode.com
BANK NIFTY: WEEK-TECH-SHEET->15th July 2019 to 19th July 2019
Bank nifty moves around -1093.95 pips from 15th July 2019 to 19th July 2019, in which bank nifty break last week 08th July 2019 to 12th July 2019 bottom 30346.70.
BANK NIFTY: Breaks June Bottom: 30220.70
Banknifty Sellers are in ControlBanknifty Sell Near 30700-30750
Stoploss 31000 Target 30000-29800
Reasons For Trade- 1. Daily Trend Is down
2.Price moving in 15 minute channel
3.Bearish candlstick pattern formed near important support
4. Price has taken strong resistance of 200+50 days EMA on Hourly Chart
5. Risk Reward ratio is 1:2
Banknifty Buy After PullbackBanknifty Buy Near 31220-31200 Stoploss 31000 Target- 31500-31800
Reasons for Trade-1. Today is Budget day haigh volatility is expected 2. Daily Trend is Up 3.Price can take support from channel. 4.on 2Hr Chart 50 EMA support is available at 31125. 5.31070 important Horizontal Support. 6. Risk Reward Ration is more than 1:1.5
BANK NIFTY: WEEK-TECH-SHEET->01st July 2019 to 05th July 2019Click here for GHSTOCKTRADING
ghstocktrading.webnode.com
BANK NIFTY: WEEK-TECH-SHEET->01st July 2019 to 05th July 2019
Bank nifty moves around +517.75 pips from 01st July 2019 to 05th July 2019, in which bank nifty break last week 24th June 2019 to 28thJune 2019 top 31490.60.
Bank Nifty | Triangle - Indicates Bullish continuationTriangle pattern observed in Nifty Bank. Pattern looks to have confirmed suggesting a Bullish outlook. Target depth of triangle is around 425 points. With confirmation of pattern occurring at 31385, Target of the pattern comes in at 31810.
(Disclaimer: Our charts and contents are just for the purpose of analysis, learning and general discussion. Do not consider these as trading tips or investment ideas. Trading in Stocks, Futures and Options carry risk and is not suitable for every investor. Hence it is important to do your own analysis before making any investment or trading decisions based on you personal circumstances and it is always better to take advice from professionals)
BANK NIFTY: WEEK-TECH-SHEET->24th June 2019 to 28thJune 2019ghstocktrading.webnode
BANK NIFTY: WEEK-TECH-SHEET->24th June 2019 to 28thJune 2019
Bank nifty moves around +1039.20 pips from 24th June 2019 to 28thJune 2019, in which bank nifty break last week 17th June 2019 to 21st June 2019 top 30824.55.