Finally the bulls seem to be having their way after weeks of mayhem on the street by the bears. However if this is for real or no would be a crucial point to watch in the coming week. The Nifty and Nifty bank bounced back from demand zones of 10863 and 27840 respectively, as mentioned in the last report. Intervention from the government helped the Indian markets,...
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.
ghstocktrading.webnode.com BANK NIFTY: WEEK-TECH-SHEET->29th July 2019 to 02nd August 2019 Bank nifty moves around -1656.60 pips from 29th July 2019 to 02nd August 2019, in which bank nifty break last week 22nd July 2019 to 26th July 2019 bottom 28871.00. BANK NIFTY: Breaks May Bottom: 28525.45
Bank nifty is showing some strength but nifty is not supporting Bank Nifty. It can travel in range for tomorrows session.
ghstocktrading.webnode.com BANK NIFTY: WEEK-TECH-SHEET->22nd July 2019 to 26th July 2019 Bank nifty moves around -764.15 pips from 22nd July 2019 to 26th July 2019, in which bank nifty break last week 15th July 2019 to 19th July 2019 bottom 29705.75. BANK NIFTY: Breaks April Bottom: 29435.05
Bank nifty with levels in chart NSE:BANKNIFTY
Bank Nifty didn't break the treandline near 23260 zones... If it breaks it then it will directly go for gap filling and kiss the 28100-28000 levels in coming days...
ghstocktrading.webnode.com ghstocktrading.webnode.com BANK NIFTY: WEEK-TECH-SHEET->15th July 2019 to 19th July 2019 Bank nifty moves around -1093.95 pips from 15th July 2019 to 19th July 2019, in which bank nifty break last week 08th July 2019 to 12th July 2019 bottom 30346.70. BANK NIFTY: Breaks June Bottom: 30220.70
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...
Banknifty Sell Near 30700-30750 Stoploss 31000 Target 30000-29800 Reasons For Trade- 1. Daily Trend Is down 2.Price moving in 15 minute channel 3.Bearish candlstick pattern formed near important support 4. Price has taken strong resistance of 200+50 days EMA on Hourly Chart 5. Risk Reward ratio is 1:2
Initial visual inspection shows the index is recently trading sideways between 30230 and 31715. Point to notice here is that we could observe a negative divergence through oscillators i.e. RSI and MACD. That clearly indicates a negative bias. So by considering these factors, index falling to 30230 (further 400 pts away from current level) now almost looks...
Banknifty Buy Near 31220-31200 Stoploss 31000 Target- 31500-31800 Reasons for Trade-1. Today is Budget day haigh volatility is expected 2. Daily Trend is Up 3.Price can take support from channel. 4.on 2Hr Chart 50 EMA support is available at 31125. 5.31070 important Horizontal Support. 6. Risk Reward Ration is more than 1:1.5
Click here for GHSTOCKTRADING ghstocktrading.webnode.com BANK NIFTY: WEEK-TECH-SHEET->01st July 2019 to 05th July 2019 Bank nifty moves around +517.75 pips from 01st July 2019 to 05th July 2019, in which bank nifty break last week 24th June 2019 to 28thJune 2019 top 31490.60.
Triangle pattern observed in Nifty Bank. Pattern looks to have confirmed suggesting a Bullish outlook. Target depth of triangle is around 425 points. With confirmation of pattern occurring at 31385, Target of the pattern comes in at 31810. (Disclaimer: Our charts and contents are just for the purpose of analysis, learning and general discussion. Do not consider...
BNF close above 31,020 will take upto 31800 and new highs BNF close below 30540 will go down upto 30150 and there is a gap around 29600 levels it may fill up
ghstocktrading.webnode BANK NIFTY: WEEK-TECH-SHEET->17th June 2019 to 21st June 2019 Bank nifty moves around -603.85 pips from 17th June 2019 to 21st June 2019, in which bank nifty break last week 10th June 2019 to 14th June 2019 bottom 30508.95.
Rounding Top pattern observed in Nifty Bank. Neck level is at 30200, which if the index breaks decisively, can be considered for Short selling. Target of the pattern comes at 28620. We could also find that 61.8% Fibonacci retracement level of the previous swing falls at around 28600 coinciding with the pattern target. Hence if the index falls, 28600 region would...
NSE:BANKNIFTY #BANKNIFTY short at 30520 SL 31240 target 29530 #PracticeTrade #Positional