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...
Understanding trends through supports and resistances.
Banknifty is Trading on a important Support zone. Price has created a bottom and it's a possibility to take a bounce from there in today's session. In daily chart, BNF has created a ABCD pattern and Exactly the price faced a rejection from 61.8% level. And most of time price retrace till 38.6% level in this situation which is 35000. but it's market, let's...
Understanding trends through supports and resistances,
Bank nifty after a good gap up has been in bear trend. For last 2 trading days, bank nifty fell about 1100-1200 points. Market may consolidate of fall further as the trend has been bearish. We may trade in the second half of the day after a consolidation.
BNF already falling that's why didn't give any level to SHORT. Its open for shorting Before to reach Target 1. Need to be careful around Target 1 because it's 50% level of Fibonacci that's why it would be important. Price can reverse form the same and then the journey will start from C to D leg of Pattern. Please see the chart once, have tried to mention...
Banknifty may going for long. Flag and pole pattern is generated.
NSE:BANKNIFTY 📊 Each levels Act as support and resistance 📈📉. One can trade on 3min, 5min and 15 min as per their trade set up. For reference, one can check our old published ideas. If any candle taking support from any level then try to identify that is that reversal candle at support or what if that is reversal candle then go long above that reversal candle...
Understanding trades of Bank Nifty future for 21.03.2022
Understanding trades of banknifty future for 15.03.2022 (tuesday).
Understanding Trades for Bank nifty future for 14.03.2022 (Monday).
one of my favourites when trading banknifty taking eg for a short setup works very well in range bound and index trading..has excellent risk to reward ratio due to selling at top and buying at bottom first step is marking levels..tune to 1hr and mark the most prominent levels which stands out..big gaps, strong big fat bars, the levels with the strongest...
Understanding trades of banknifty future for 08.03.2022 (Tuesday).
Understanding trades of banknifty future for 03.03.2022 (Thursday).
Understanding trades of Bank Nifty future for 28.02.2022 (Monday).
Understanding trades of Banknifty future for 18.02.2022 (Friday).
Understanding trades of Bank Nifty future for 17.02.2022 (Wednesday)
Understanding Trades of Bank Nifty future for 15.02.2022 (Tuesday).