Get started

Bankniftytrendanalysis

BANKNIFTY CHART ANALYSED FOR 23 APRILas we can see it reversed exactly from our DEMAND ZONE and rest it was unidirectional move ✅ now it stands at very crucial level we cab see a trendline which we drew since last trading sessions has been respected ever since !! For now If BANKNIFTY breaches 31900 tomorrow as sustains above then we can take position on buying side for positional too but High chances of reversal from this area cause it has been respecting this TREND LINE ever since 🚨
NSE:BANKNIFTY
by Wealthcam
BANKNIFTY CHART ANALYSED FOR 16 APRILImportant levels to watch mentioned in chart ✅ We can see rising wedge pattern which is also known as reversal pattern frequently seen in bear market !!! We can see some upmove to fill the pending gap in the first half and then continue its falling!! Make sure the levels are breached to take any positions !! All the LEVELS provided stands much important as they’ve tested many times, rejected by both bulls and bears and hence breach of those levels with proper candle close can give unidirectional move ✅
NSE:BANKNIFTY
by Wealthcam
1
BANKNIFTY CHART ANALYSED FOR 31st MARCH 2021Did exactly what we discussed yesterday ~ opened above 33600 and one sided rally made till 33950 then the market remained sideways through the day NOW WHAT FOR TOMORROW?? Since BANKNIFTY remained sideways through the day it gave us the potential levels for tomorrow, we can also see INVERTED HEAD AND SHOULDERS PATTERN which is also a BULLISH continuation pattern So the levels stand as 33950 as its first resistance and breaking of that very level with proper candle close can lead to good 400-500 moves 🔥 Below we can see 33600 standing as an important SUPPORT being tested multiple times and also the gaps below which is still unfilled that can be filled with breaking of this support Till the levels are broken, stay idle and wait for these levels to get breached 🙏🏼
NSE:BANKNIFTY
by Wealthcam
Bank Nifty Forecasting for Upcoming sessions 21 OCT 2020Bank Nifty levels for Upcoming session : 21 OCT 2020 (30 Min chart used for analysis) Trading Range - 23160--24613/24766 *Chart Pattern & Trend* Refer the chart & see that Ascending Triangle formed .Hope, We can see gap-up opening on 21 Oct & then small correction possible. If it break the level 24420 then it can move towards 24613 / 24766 & If Fail to sustain 24160 then we can see 23900 Disclaimer: I am not a SEBI registered analyst & This is my own view as per historical & Technical Analysis .
NSE:BANKNIFTYLong
by KrishnaSoni