After major pullback BNF is at Resistance zone which was previous major support... any fresh breakout in latest Yellow Upward TL will lead to new round of sell off
BNF counter trend trade for aggressive and nimble traders only to go long with stop @ 26945 ...........shot for 27415 MAX.....Respect Risk...........Happy Trading
ghstocktrading.webnode.com BANK NIFTY: WEEK-TECH-SHEET->19th August 2019 to 23rd August 2019 Bank nifty moves around -1908.30 pips from 19th August 2019 to 23rd August 2019, in which bank nifty break last week 12th August 2019 to 16th August 2019 top 28358.85 as well as bottom 27683.50. BANK NIFTY: Breaks February Bottom: 26617.70
BNF is @ important support level ...if 27799 held go long for T1-T2-T3 .....around 23 Aug
Muted week for the street where major indices gave up some marginal gains from the last week. Nifty lost close to 90 points while the Nifty bank gave up close to 140 points. As mentioned last week the bulls did end up showing demand for the Nifty around 10899 levels and the Nifty bank from 27741 zone. However it seems the street is still watching out for some real...
ghstocktrading.webnode.com BANK NIFTY: WEEK-TECH-SHEET->12th August 2019 to 16th August 2019 Bank nifty moves around -675.35 pips from 12th August 2019 to 16th August 2019, in which bank nifty did not break last week 05th August 2019 to 09th August 2019 top nor bottom.
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