Bank Nifty Trade For 04-03-20 Im Not SEBI Regt. Investment/Trading in securities Market is subject to market risk, past performance is not a guarantee of future performance. The risk of loss in trading and investment in Securities markets including Equites, Derivatives, commodity and Currency can be substantial.
Bank Nifty Futures RSI on daily charts has just bounced from 50. Moving average are just crossing over and there was a recent Doji which could be a start of a new uptrend. Daily charts means that this study is for a positional or short-term trade with a timeframe of about a week. Intraday charts or 15m charts look a little doubtful. I am looking at Heikin Ashi...
Today will be a gap up opening in banknifty. If it sustains above 35550 levels then the expected bullish move continues towards the 36000 levels. In case banknifty trading above 36000 levels then it will give a further 400-500 points upside move. The strong bearish side only below 35500 levels for today's session.
NSE:BANKNIFTY 📊 Each levels Act as support and resistance📈📉. one can trade on 3min, 5min and 15 min as per their trade set up. for reference one can check our old published ideas. if any candle taking support from any level then try to identify that is that reversal candle at support or what if that is reversal candle then go long above that reversal candle and...
Trading at its support and overall market sentiments positive both in domestic and foreign markets. Bond Yield settling as well , hence good indications of a green candle finish for the few upcoming days.
Today will be a gap up opening in banknifty. If banknifty trading above 35500 levels then expected 300-400 points upside movement. Possible it will face resistance at 35900 levels and take reverse back to the 35500 level. Strong 400-500 points fall possible below 35450 levels.
Wait Patiently for clear breakout/ breakdown of the triangle pattern. Let one 15 M candle to close outside triangle at least before taking the trade.
Today will be a gap up opening in banknifty. The expected banknifty will face resistance at 35500 and reverse back from this level to continue its negative trend towards the 34500 levels. In case breakout of 35500 levels can give 300-400 points upside movement in banknifty.
Banknifty will become weak below 34650 and we can sell aggressively for a target of 34250 level. Banknifty above 35250 can retest 35900 level. The key levels are identified on the chart. P.S. I was playing football and got severely hurt due to which I was not trading or posting ideas for almost a month. From now on. I will post regularly.
As per the Head and shoulder pattern Bank Nifty could be bearish for some more days ... lets see.
Hi traders, This is the screenshot of my weekly analysis where I marked all levels of trading next week. Hope in last one year I made your trading easy same will be felt by next week. If you want to get every detail of this marking then see the video, the link is given below box. Yogesh Vats
Today will be 300-400 points gap down opening in banknifty. If It's trading below 36000 levels then we will get a further downside rally of 300-400 points. Small positive correction moves possible at 36000 to 36200-36300 level.
NSE:BANKNIFTY 📊 Each levels Act as support and resistance📈📉. one can trade on 3min, 5min and 15 min as per their trade set up. for reference one can check our old published ideas. if any candle taking support from any level then try to identify that is that reversal candle at support or what if that is reversal candle then go long above that reversal candle and...
Today will be a 300-400 points gap up opening in banknifty. If it is trading and sustains above 37000 levels then the expected 37450+ target in today's session. Downside only possible below 36500 levels.
Today will slightly gap down opening in banknifty. Possible today we will see breakout of 35000 level. After this breakout expected huge fall in market nearly 1000 points.
BANK NIFTY CORSS THIS LEVEL, THEN ONLY TAKE THE BUY SIDE.