Good morning! As of May 19th, the global market has shown a positive start with a moderately bearish market nature. There may be a gap-up at the beginning. After that, if it sustains, we can expect a pullback continuation. If it rejects in the immediate key zone, we can anticipate a range market or a correction. On the other hand, if the market declines sharply at...
Bank Nifty forming symmetrical triangle pattern as per my opinion, what about yours? tell me in comments
BANKNIFTY Intraday Trade Setup For 19 May 2023 Buy-Above 43930 Sl-43825 T- 44150 44355 Sell-Below 43670 Sl-43775 T- 43450 43240 BANKNIFTY has closed with a slight positive gain today. Till now it has not closed below PDL after hitting our ATH target. If it closes below PDL and that red candle's low is breached then will book completely and this will initiate...
Buy banknifty looking good from now buy and relax and wait for TGT ,follow more for live updateds
Bank Nifty, Elliott wave, Ending Diagonal Daily Chart
Today will be gap up opening in BANKNIFTY . After opening if banknifty sustain above 43550 level then possible upside rally of 400-500 points upto 44950 Level. And this rally can extend for another 400 points if it gives breakout of 44050 level. Any Major downside only expected in case banknifty starts trading below 43450 level. also possible Downside 43950 level.
Good morning! As of May 18th, the global market has shown a positive start with a bearish market nature. There may be a gap-up at the beginning, and there is a possibility of a sub-wave 4th. So, if it sustains, we can expect a minor three-wave structure. After that, if it rejects in the key zone, we can expect the 5th wave on the downside. However, the minor...
The FASP for BankNifty is listed for 18-05-2023. You can add this levels to your trade setup for better results. This should not be the only indicator but an additional tool to increase your winning possibilities. What is Fibolysis Anchor SupRes Points(FASP)? It is a unique level arrived by using Fibonacci Retracement , Fibonacci Extension , Standard Pivot levels...
Short Broken trend upside.if price goes down again below 43611 , then downtrend may again continue. and if price goes above 43870 then it may again enter in long trend.
BANKNIFTY Intraday Trade Setup For 18 May 2023 Buy-Above 43765 Sl-43660 T- 43957 44150 Sell-Below 43440 Sl-43545 T- 43240 43000 BANKNIFTY has closed on a bearish note with 0.57% cut today. It closed below PDL today. So below today's low our TSL in long will be hit and a down move/pullback may start in this case. Today sell triggered below 43810 and gave more...
Banknifty is forming a double bottom (W pattern). Will it break the level of 44132 and break the all-time high? Special about expiry Buy above 43782(43700 CE) Target 4385, 44005,44132 Sell below 43465 (43500 PE) Target 43333,43186,43033
This is my view on Bank Nifty, what is your view tell me on comments
Banknifty forming double top(M pattern) Buy above 44005(39900 CE) Target 44132, 44282, 44395,44468 Sell below 43814 (43900 PE) Target 43691,43579,43465. if banknifty opens a gap up it can open at 44044 If banknifty opens gap down then it can 43784 most probability is banknifty might open flat and possibility it can go up to 43691 level and take support from there.
In my opinion Bank Nifty will fall. I am sharing my view, what is your opinion? tell me on comments..
- Banknifty trading below ATH resistance, since the trend is bullish, buy on dips is recommended - However if price open gap down, then wait for price to take support from any zone marked on the chart -Opening gap up will trigger resistance to turn into support, but sustaining above it will give momentum for the day
BANKNIFTY Intraday Trade Setup For 17 May 2023 Buy-Above 44155 Sl-44050 T- 44355 44555 Sell-Below 43810 Sl-43915 T- 43570 43330 BANKNIFTY has closed on a bearish note with 0.38% cut today. Yesterday it was updated that our long target is hit (42385-44150). A pause was obvious after a fantastic rally. Sell triggered as per trade setup and gave around 130 points...
Buy above 44149(44100 CE) Target 44282, 44395,44468 Sell below 44015 (44100 PE) Target 43905,43805,43691
Today will be gap up opening in BANKNIFTY . After opening if banknifty sustain above 44050 level (Market will break 52 weeks high) then possible upside rally of 400-500 points upto 44450 Level. And this rally can extend for another 400 points if it gives breakout of 44550 level. Any Major downside only expected in case banknifty starts trading below 43950 level....