Bank nifty has given parallel channel break out and above its 20 and 200 ema, 15 minute chart frame. On an 60 minute chart frame, it has crossed it 200ema and closed above it. It has closed just below the resistance level of 35930-50 but nifty has closed on a bullish note. Markets may open gap up. Support :- 35800, 35630 Resistance :- 36135, 362560,...
According to the Harmonic Pattern, there is a Bullish Cypher pattern has created in BNF chart and as per trading possibility, i have mentioned a buying Level & all possible Targets to trade. Need to be careful on Target 1 as it's a 38.2% Level of fibonacci, can be a reversal point. if the price sustaining then can go for further Targets. Please have a look into...
Refer 1 Min Chart After Accumulating for a long time, created a small bearish pressure to trap the Retail traders. After the strong bullish candle, confirmed fake breakdown took all the StopLosses. You can enter immediately after the impulsive candle or can wait for retarcement for better confirmation. Bullish pressure was so high that it broke day's high in...
Bank Nifty Level Upadate for Trading | END OF DAY CHART ANALYSIS For more Update search In Google - trading with Manoj Shinde 27485
I had made this Chart around 2.30pm. yesterday. but got lil late to post coz of fast movement. As we can see on the chart that a Pullback has already started. Now Here the question is that, This up-move will continue till which level ? So, i study and found some possible levels of BNF's movement for tomorrow session. see the chart for Targets as well as Support &...
Bank nifty looks bullish on daily closing basis. Support :- 33363, 32161 Resistance:- 34278, 34991 The levels with formation of chart pattern will confirm the trade.
Nifty Bank Futures Key Trading Levels for 24th Feb 2022 Expiry Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views. Please consult your...
BANKNIFTY got a impulse buy because of gold fall and bank nifty have a trendline break out now it cam back for retest he trend line break zone... expecting sell trend up to 34400... have a happy trading...
BANK NIFTY break out move analysis, expecting 39000 until hit the SL 37000.
Formation of inverse H&S . Buy on cmp with SL of 37000 for tgt of 38800-39000
BANKNIFTY IS ON GOOD SUPPORT CAN SEE BOUNCE TARGET 35650,35800 CAN DO ONE FUTURE HEDGE BASKET: BUY ONE LOT DEC 35800 PE BUY ONE LOT BANKNIFTY DEC FUTURE 34510 MARGIN REQUIRED:53,000 APPROX AS PER ZERODHA BASKET PROFIT AS PER YOUR WISH MAX LOSS DEFINED 2900 APPROX NOTE:FIRST BUY PE THEN FUTURE IN BASKET BUT TOGETHER TRADE wisely. WE CAN JUST...
Hi everyone, Banknifty index analysis & view for this week recently banknifty index has given breakout of it`s important resistance level 35,500 & now it`s trading on 36,500 which is harmonic prz area (level 0.786). Price may correct from here if sustain above 36,500 can go upto 37,600 (level identified from xabcd pattern level 1.131) in 1hour chart banknifty...
#Banknifty hourly analysis As you can see in the chart BN is near dowm channel resistance 1 day closing above 35600 will take it up to 36000 and closing above 36000 will trigger strong buying for 37000. On the flip side closing below 35000 will make it weak.
BUY ABOVE 35050 stoploss 34915 its looking bullish for me
BANKIFTY finally showed some strength despite of its weakness in the opening and recovered more than 600++ points and gave a strong closing above 35000! BANKNIFTY had been in range since a week and we haven’t seen any trending day hence we can expect a trending day this week itself! Important level to watch is 35150 and as soon as it breaches it can show 100-200...
We have completed 5 Wave move Up since Covid Fall and now in making of 5-3-5 Corrective pattern ((A)) ((B)) ((C)). Its too Early to confirm Connector ((B)) is completed however assuming it is done, we can now expect making of wave ((C)) Black is in process and we can have entry planned @ 31080 Level with target to en-cash Next Up move of Wave III red. Trade Plan...
BANKNIFTY Intraday Trade Setup For 09 Dec 2021 Buy-Above 37400 Sl-37300 T-37500 37600 Sell-Below 37200 Sl-37300 T-37000 36900 BANKNIFTY as discussed yesterday above 36900 index will head towards 37600. Index has sustained 37000 in today's trading session. Aggressive short will be planned below 37000 only. 37600-37650 is a supply zone as per our Bearish Bat in...
BANKNIFTY 1. correction complete done, 2. market insertional trader buy dip ongoing rally 3. confirmation breakout down trend reversal 4. target all time high