Hello Fellow Traders, During these highly volatile times(due to corona), We doesn't know what direction the market moves. We highly expect it to move downwards, but to our surprise, it may move upside, which has happened TODAY. Thus, trading should not be a guessing game. It has to be based on the overall market sentiments. How the overall trading community is...
Hello Fellow Traders, I have created a trading strategy on BankNifty based on Market Internals - Advance/Decline Volume and TICK These Market Internals, also known as Breadth Tools helps in identifying the overall market sentiment. Just doing some technical analysis on Price action doesn't provide good results. Price action along with Volume gives a meaningful...
waiting and going short will be the best strategy as of now.....Respect risk .....Happy Trading
Bank Nifty to remain in the zone of 27556-27831....Breaking the zone may push BN towards 28189....Respect Risk....Happy Trading...Stay blessed
BNF is @ important support level ...if 27799 held go long for T1-T2-T3 .....around 23 Aug
ghstocktrading.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.
BANKNIFTY breaks down after a short period of consolidation. Apparently, price action is showing a Bear Flag pattern, which is confirmed with a close below 30,530. Target of the pattern comes in at 29,330. (Disclaimer: Our charts and contents are just for the purpose of analysis, learning and general discussion. Do not consider these as trading tips or...