Bankniftylong
BankNifty Prediction!!!Hi Traders,
Previous SZ Break and make Demand Keep watch
Kindly Avoid Gap
Don't Enter Before the Structure Test
Simple & best techniques for Trading called S&D Zone easy to understand for making Profitable Trade. Believe Price Action, has the potential to change your trading lives.
Thanks & regards
Sakthi
Disclaimer:
The information contained in this presentation is solely for educational purposes. Does do not constitute investment advice. I may or may not take the trade.
BAJAJFINSV LONG : ALL TARGETS REACHED.Please check out my idea posted previously on 21-07-21. All targets reached on re-entry. Please like and follow if you liked my idea. Thankyou. :)
BAJAJFINSV is steadily moving upward, continuously making higher lows. It seems to be resuming its upward trend after the current pullback.
A long trade can be initiated on the daily timeframe . Enter only when price sustains above the entry level for 15 minutes.
LONG ABOVE : 12200
SL : 11776
TGT 1 : 12624
TGT 2 : 13000
Another option could be to wait for a pullback on a smaller timeframe after the initial breakout and then enter on continuation.
Bank Nifty Elliott Wave TheoryBank nifty is currently trading at 34900 to 35800 range. It's on the wave 5 which is the last impulsive stage for july and August. Right after that Downtrend market will start.
In intermediate term, i.e before September, the market can reach 40000 to 42000.
In short term, If the market ends up 35450 you can see a breakout and can reach till 36200 till the expiry.
You can go for montly option to be on the safe side.
Happy trading.
Bank Nifty - Wait for the breakoutThe Bank Nifty index is in a triangle pattern, so give an entry with appropriate Stop loss after the breakout
Aggressive traders enter at the breakout and conservative traders may give entry after retracement
After reaching our targets, trail your stop loss to get maximum profit from the stock in a single trade
🔴DISCLAIMER
***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ******
📊 #banknifty view for 29June 21NSE:BANKNIFTY
as one can see bank nifty at harmonic support at smaller timeframe so one can go long if find long trade with the stop loss as per their trade setup.
even there is gap just below harmonic level so one can keep eyes on that as well bank nifty might fill that gap then take reversal so please trade as per you trade set up with stop loss.
be independent trader.
take charge of your own trades.
Learn . Apply . Grow
******whatever charts or levels sharing here are just for educational purpose only not a recommendation. please do your own analysis before taking any trade on them. we are not SEBI registered.
BANK NIFTY POSITIONAL LONG.BANKNIFTY is steadily moving upward, continuously making higher lows. It seems to be resuming its upward trend after the current pullback.
A long trade can be initiated on the daily timeframe . Enter only when price sustains above the entry level for 15 minutes.
LONG ABOVE : 34927
SL : 33937
TGT 1 : 35917
TGT 2 : 36907
One can also wait for a pullback on a lower time frame and enter on the continuation of trend after that pullback.
All explanation and levels marked on chart.
Bank Nifty - Head and shoulder patternThe Bank Nifty index is having a head and shoulder pattern in an hourly time frame, so give an entry with appropriate Stop loss
Aggressive traders enter at the breakout and conservative traders may give entry after retracement
After reaching our targets, trail your stop loss to get maximum profit from the stock in a single trade
🔴DISCLAIMER
***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ******
Can Banknifty reach its all time high level this month? NSE:BANKNIFTY
According Fibonacci retracement n Elliotte Wave theory i think if banknifty if hold its position above 35364 which is fib golden ratio level 0.618 then we ll able to see next target which is 36110 which is next fib level 0.786 and might this month july expiry we ll see banknifty at previous all time high again. if you observed its reversed just from fib retracement golden ratio level of 0.5 which is signal for me as bullish reversal.
in any coming day if it close below 34348 level then it may fall upto around 33900-33500 .
This analysis is my personal view n its for educational purpose only. So don't just trade based on this ,consult your financial advisor before taking any trade n trade on your own risk.
BANK NIFTY TOWARDS ALL TIME HIGHCATCH IT IF YOU CAN!!
Bank nifty has given a pole flag breakout and is strongly bullish for july month.
it has the capacity to go for all time high and a 3000 point move can be expected..
you can either invest in bank bees or short 35000 put options.
target=37000
major support= 35000
target duration= Mid. August.
banknifty long if sustain above 35200 level .NSE:BANKNIFTY NSE:BANKNIFTY banknifty forming two patterns one is ascending wedge n in that also it forming rounding bottom chart pattern which is bullish continuous pattern , if it sustain above 35200 then it may reach target 1 n if hold above target one then this month we see target 2.
this analysis for educational purpose n dont trade solely based on it. consult ur financial advisor before any trade n take risk at your own terms. NSE:BANKNIFTY