BANKNIFTY - Long Inside Candle pattern Formed Will Go upwards in next few trading sessions. Invest & Trade Wisely! Good Luck! *** You can also see my other stock analysis and the results in my profile ideas. Please follow me , If you would like to see more ideas on winning stocks. *** **Disclaimer: I am NOT a SEBI registered consultant/Advisor. It is...
Banknifty looking weak below 34800. To be in the bullish mode BN has to cross and sustain above 35300. Being final week of expiry volatility is expected Major resistance: 35500 Major Support: 35000 Trade with Stoploss! For Information & Education purpose only! Regards Trade Leader Institute
BANKNIFTY gave good closing which was around the NECKLINE of W pattern! Below that 34360-34560 is a NO TRADING ZONE wherein multiple rejection has been found Our view is still bulish though the bears have overpowered bulls for some days, we can expect some SURPRISES which INDIAN market is known for ! And event being MONTHLY EXPIRY and AGM meeting of RELIANCE...
BANKNIFTY currently trading at the neckline of W pattern which has been shown in the chart itself and last day that W pattern neckline has also been tested so there is potential chances of continuing its uptrend
As explained yesterday banknifty may resistance at 35300. Next level will be 35500. We may expect some profit booking also. Being final week of expiry volatility is expected Immediate resistance: 35500 Major Support: 35000 Trade with Stoploss! For Information & Education purpose only! Regards Trade Leader Institute
Beautiful REVERSAL was seen yesterday from 34000 levels which was pretty much expected as yesterday’s low was well respected and not broken, the reason behind the reversal was that as you go back around 21st of May you can see 34000 level has been acting a good RESISTANCE, and it’s very break gave spontaneous 400-600 point move in one go ! Now what ? It is...
As of now BANKNIFTY seems to be under international pressure wherein in these scenario not much of technicals work but in a long run BANKNIFTY and NIFTY is still bullish! The reason being me saying BULLISH because every time the market tries making new lows, BULLS comes up and closes strong and the closing price of market is what decides the sentiments of market...
Hello Traders, Resistance Level : 1. Good Resistance Zone exists at 34700-800. 2. Strongest Resistance at 35000 . Support Level : 1. 34000 is Strongest Support Level . 2. Good Support at 34300. 3. 34500 is a good Support. Sideways Possibility: More Sideways below 34500 to 34700, if market opens below 34700 This is not Buy and Sell recommendation to any...
Banknifty Day View Analysis - Homework ...
Chart says it all As you can see multiple rejections on this trend line and level 34400-34000 has been the last swing ! It can make a low of 34000 having its FINAL SUPPORT which also has been tested multiple times ! Most probably if sustains above 34500 you can initiate a long position
We can see a downtrend prevailing since the channel breakout but now it’s indicating a potential BULL RUN as REVERSAL SIGNS has been witnessed A W pattern which shows the dominance of BUYERS OVER SELLERS V shaped recovery from the panic caused by ADANI CASE A pending bull run which has already been done in NIFTY A consolidation before breakout can also be a...
Bank Nifty Trade Plan for 11 June 2021 How chart looks on HTF : Bank Nifty formed a good bullish candle on daily time frame and managed to close above 35100 levels Expected Opening : Expecting a flattish to small gap up opening in Bank Nifty. Today's Trade Setup : Bank Nifty looks bullish and managed to close above next day CPR. If flat or gap up opening, ...
We’ve been achieving 100 percent accuracy in the analysis as of now! From the last analysis done in BANKNIFTY and NIFTY both I’ve warned you guys about the trend reversal and the same happened BANKNIFTY fell from 35800 till 34600 levels! Over 1000++ points fell from the given levels NOW BANKNIFTY IS TRADING AT REAL CRUCIAL LEVELS AS IT IS TRADING IS PREVIOUSLY...
BankNifty Above 35810, BO possibility, target 36500 Below 35180, BD of possible Head and Shoulder, target 34500
Hello guys i had find this setup in bank nifty in 4h timeframe its taking resistant in small channel we can take some advantage of short move buy overall is in uptrend and also before taking any position do your own analysis .if you like my analysis please like share and follow thank you
What is Elliott Wave ? Elliott Wave theory is one of the most acknowledged and widely used forms of technical analysis. RN Elliott developed the theory after analyzing nearly 75 years of stock data, and Robert Prechter later popularized it. According to the Wave theory, the market trades in repetitive cycles, which Elliot primarily attributed to the emotions of...
BANKNIFTY at real crucial levels, though the trend is bullish as of now , it has been forming RISING WEDGE pattern which is also known as REVERSAL pattern to some extent but don’t worry! We’ll wait for its confirmation before we take any action☑️ Till now market specifically is bullish and also formed an inverted head and shoulders pattern being 35730 as its...
Hello Traders, Hope you all are fit and fine ... Stay Safe and Trade safe...! As predicted yesterday, BnkNifty Opened Gap Down ... Today...😎 Resistance Level : 1. Strongest Resistance exists at 35700. 2. Next Strong Resistance at 35800. 3. Stronger Resistance at 36000. 4. Good Resistance has been developing at levels from 35700 to 35800. Support Level : 1....