15 min TF:- We can witness rounding bottom breakdown. One can enter for short side during retest level if we break today's low as R:R will be favorable. Also we are trading in a range for a quite some time. Range Break also give good trading opportunity. Levels are marked on Chart.
BNF :- Breakdown of H&S pattern & retest complete on 30 min TF. Target is marked on Chart. Pattern stands invalid if BNF closes above 45350.
Watch for the different targets. For education purpose, Investments in stock are risk do own analysis before investing. Investing in options also carry risk do own analysis before investing.
Expectations: Volatile Day Intraday Levels: Buy Above - 44920 Sell Below - 44580 To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
Timeframe: 2h As per our previous idea, we have identified a market scenario characterized by supply pressure and bear dominance. At a price level of 44154, we observed the occurrence of Wave (3), followed by a corrective phase known as Wave (4). Wave (4) exhibited a double three pattern. Currently, the price is in the process of forming the final sub-wave (c)...
Banknifty has almost retraced to 50% fibonacci levels and taken support from 20 DMA. There is a doji again on the weekly charts and is respecting a support zone around 44600 levels. On the daily charts, a dragon fly doji was formed. Banknifty has respected the moving average and took a nice reversal from 20 ema. Market from the first hour was there for selling...
Nifty on the weekly chart has given a nice bullish candle and almost touched 19600 levels. Market has consolidated and now closed above the resistance zone. A good bullish move is going on in nifty but banknifty is not support it to go higher. On the daily charts, the market has crossed and sustained above the resistance zone around 19525 levels. Flag and pole...
RTNINDIA Buy zone taregt and SL marked. Only for education purpose. Investments in stock market is subjected to market risk do own researches before investing.
Seeing a good gap it can be a good buy zone for long holdings. Only for education purpose. Investments in stock market is subjected to market risk do own researches before investing.
its the markets nature to retrace. The Fibo levels of 50% is an important zone where normally the retracement ends. In case of Bank Nifty it took support at 50% fibo level of 42600. which confirms the end of retirement. The area below 45200 is very choppy. once 45200 breaks we can expect a movement to ATH NOTE: all the levels and analysis is only for educational purpose
Banknifty on the other hand a totally contradicting price action that of Nifty50. If you have read my previous reports, I was continuing to look for bearish opportunities. The fall from the open to the low of the day was 375pts ~ 0.83%. This along with the previous day's price action would be more than enough for any chartist to go bearish. Thats when the...
Banknifty imporant intraday levels to watch. #support: 44620 #Resistance:44860 Buy above:44860 Sell below:44620 Follow us for more such information and give it a like if you appreciate the idea. Queries will be answered in comment section.
BANK NIFTY again above channel. bought some calls for target 45080 -45358 sl day low below sl short bank nifty
Banknifty important levels to watch for 13-07-2023 Immediate Support: 44950 Immediate resistance: 45080 Buy above: 45100 Sell below: 44950 Note: Always try to trade in ATM or ITM option having strict stoploss as this is expiry and do your own research before initiating any trade. Follow us for more such information and give it a like if you appreciate...
"Good morning! As of July 14th, the global market is showing a neutral start with a moderately bearish market sentiment. There is a possibility of a slight gap-down opening. If the market sustains this gap-down, we can anticipate a continuation of the correction with minor pullbacks. On the other hand, if the initial market experiences a sharp pullback, we can...
Today will be gap up opening in BANKNIFTY . After opening if banknifty sustain above 44450 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 45050 level. Any Major downside only expected in case banknifty starts trading below 44450 level. also possible Reversal Downside...
catch bank nifty instant moves on trendlines on 15 min and 5 min time frame.
BANKNIFTY Intraday Trade Setup For 14 July 2023 Buy-Above 44870 Sl-44760 T- 45125 45370 Sell-Below 45610 Sl-45720 T- 44350 44110 BANKNIFTY has closed on an absolute flat note today. Buy triggered as per trade setup above 44940 and gave 140 points gain but did not hit our expected target. Once again the same sell the rise worked perfectly in today's market. This...