NSE:BANKNIFTY banknifty formed inverted hammer at resistance closing above 28100 will start the rally 27500 will act as support RSI also at upper resistance level
Bank nifty || Intraday #BANKNIFTY
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
ghstocktrading.webnode.com BANK NIFTY: WEEK-TECH-SHEET->26th August 2019 to 30th August 2019 Bank nifty moves around -1418.35 pips from 26th August 2019 to 30th August 2019, in which bank nifty did not break last week 19th August 2019 to 23rd August 2019 top nor bottom. Bank nifty AUGUST = -- 2259.10 pip
Extension chart of BNF.... BNF AT VERY GOOD SUPPORT ZONE...any side Channel Breakout will open door for big Move.
After major pullback BNF is at Resistance zone which was previous major support... any fresh breakout in latest Yellow Upward TL will lead to new round of sell off
BNF counter trend trade for aggressive and nimble traders only to go long with stop @ 26945 ...........shot for 27415 MAX.....Respect Risk...........Happy Trading
ghstocktrading.webnode.com BANK NIFTY: WEEK-TECH-SHEET->19th August 2019 to 23rd August 2019 Bank nifty moves around -1908.30 pips from 19th August 2019 to 23rd August 2019, in which bank nifty break last week 12th August 2019 to 16th August 2019 top 28358.85 as well as bottom 27683.50. BANK NIFTY: Breaks February Bottom: 26617.70
Wait for pullback to occur and go short with T1 @ 26971-26806
Bank nifty simple price & TL view for 22 aug 2019. Upside pull back is due.
BNF is @ important support level ...if 27799 held go long for T1-T2-T3 .....around 23 Aug
Buy at 28217 Stoploss 27360 Target 29600 Reasons For Trade- 1.Price creating base near trendline support 2.Monthly Important support near 27630 3.On weekly and Monthly Chart strong bullish candlstick pattern is formed. 4.Risk Reward is 1:1.5