PSU BANKSThe daily time frame is giving a breakout signal today, the weekly time frame will confirm it above 1550 (closing basis ). In that case the most laggard among all sectors will turn out to be a top out performer for moves towards 1900 and then 2300 . Short term support at 1450/1375 . Watch out for this sector is coming out of a v long bear phase screaming Apna Time Aa Gaya!
Bankstocks
NIFTY FINANCIAL INDEXAt the PRZ of a bearish Harmonic Bat in Weekly time frame it made a bearish reversal Candlestick today. A follow through tomorrow onwards would confirm a downward move for 13250 and below that for 12000. The view would negate if it sustains above today's high.
The index constitutes of all the large Banks and large Finance companies.
Harmonic Bat is a 5 points pattern based on specific Fibonacci Ratios which signal a reversal of trend for 38-50-62% of the last leg of the trend ending.
BANDHAN BANK(Swing / Positional Trade) | RR 1:3+ | Type:- Breakout
Reasons To Trade 🤔 :- Head & Shoulders Pattern , Bullish Banknifty , Above 200DMA , Global Market Bullish.
Entry :- 334 (Only Enter After Clear Breakout Or Opening Above Trendline).
Stop Loss :- 313
Targets :- 1st= 365 | 2nd= 395
(Risk Must Be Managed.)
Keep Your Eyes On Index
😜Follow For More ✔
Give Me A Thumbs Up...👍
--Any Suggestions--
BANKNIFTY LONGI hope you can now see how BANKNIFTY represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor.
Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis .
Disclaimer: It should not be assumed that the methods, techniques, or indicators presented in these chart will be profitable or that they will not result in losses. There is no assurance that the strategies and methods presented will be successful for you. Past results are not necessarily indicative of future results. You should not trade with money that you cannot afford to lose. Examples presented in these products are for educational purposes only and it should not be assumed that these are indicative of ordinary trades. These setups are not solicitations of any order to buy or sell. The publisher assume no responsibility for your trading results. There is a high degree of risk in trading.
RBL BANKRBL BANK, is showing a bullish momentum till now
BUY at arrow and SELL as it touches the upper trend line, if it crosses the trend-line then wait you could have more profits to come dont sell till 230/- clear cut it level, why 230/- levels because RBL BANK too much sold by the BIG PLAYERS in the market but it also seems that they are again get interest in this particular stock might be the reason that RBL BANK fundamentals 230/- its clear cut level and it will touch it in the coming september if it broke the levels if dont then a short term down trend till < 160-162 >
buying at 160-162 will be profitable if its not breaking its lower trendline plz keep in mind before taking the trade
for intraday levels 170-180 for tomorrow
BANK NIFTY KEY LEVELS SUPPORT AND RESISTANCE 18/06/2020 EXPIRYKey Levels for BANK NIFTY : INTRADAY CHART ANALYSIS
UPPER BREAKOUT~20324
FIRST TARGET~20491
INTERIM RESISTANCE~20645
FINAL RESISTANCE~20800
***************************
LOWER BREAKOUT~20099
FIRST TARGET~19950
INTERIM SUPPORT~19756
FINAL SUPPORT~19568
My views are for educational purposes only.
Please trade with caution and consult your financial adviser before trading.
BANKNIFTY KEY LEVELS SUPPORT AND RESISTANCE 17/06/2020 WEDNESDAYKey Levels for BANK NIFTY : INTRADAY CHART ANALYSIS
UPPER BREAKOUT~20465
FIRST TARGET~20625
INTERIM RESISTANCE~20762
FINAL RESISTANCE~20911
***********************
LOWER BREAKOUT~20133
FIRST TARGET~20007
INTERIM SUPPORT~19859
FINAL SUPPORT~19733
My views are for educational purposes only.
Please trade with caution and consult your financial adviser before trading.
BANK NIFTY KEY LEVELS SUPPORT AND RESISTANCE 16/06/2020 TUESDAYKey Levels for BANK NIFTY : INTRADAY CHART ANALYSIS
UPPER BREAKOUT~20015
FIRST TARGET~20120
INTERIM RESISTANCE~20222
FINAL RESISTANCE~20336
LOWER BREAKOUT~19802
FIRST TARGET~19641
INTERIM SUPPORT~19494
FINAL SUPPORT~19347
My views are for educational purposes only.
Please trade with caution and consult your financial adviser before trading.
HDFC BANK KEY LEVELS SUPPORT AND RESISTANCE 16/06/2020 TUESDAYKey Levels for HDFCBANK : INTRADAY CHART ANALYSIS
UPPER BREAKOUT~959.15
FIRST TARGET~964.80
INTERIM RESISTANCE~971.80
FINAL RESISTANCE~978.15
LOWER BREAKOUT~943
FIRST TARGET~937.40
INTERIM SUPPORT~931.80
FINAL SUPPORT~926.20
My views are for educational purposes only.
Please trade with caution and consult your financial adviser before trading.
BANK NIFTY KEY LEVELS SUPPORT AND RESISTANCE 12/06/2020 FRIDAYKey Levels for BANK NIFTY : INTRADAY CHART ANALYSIS
UPPER BREAKOUT~20651
FIRST TARGET~20843
INTERIM RESISTANCE~21005
FINAL RESISTANCE~21182
***************************
LOWER BREAKOUT~20295
FIRST TARGET~20116
INTERIM SUPPORT~19952
FINAL SUPPORT~19773
My views are for educational purposes only.
Please trade with caution and consult your financial adviser before trading.
SBIN KEY LEVELS SUPPORT AND RESISTANCE 12/06/2020 FRIDAYKey Levels for SBIN : INTRADAY CHART ANALYSIS
UPPER BREAKOUT~178.40
FIRST TARGET~180.40
INTERIM RESISTANCE~182.20
FINAL RESISTANCE~184.15
***************************
LOWER BREAKOUT~175.40
FIRST TARGET~172.90
INTERIM SUPPORT~171.10
FINAL SUPPORT~168.75
My views are for educational purposes only.
Please trade with caution and consult your financial adviser before trading.
HDFC BANK KEY LEVELS SUPPORT AND RESISTANCE 12/06/2020 FRIDAYKey Levels for HDFCBANK : INTRADAY CHART ANALYSIS
UPPER BREAKOUT~975.50
FIRST TARGET~984.60
INTERIM RESISTANCE~992.30
FINAL RESISTANCE~1000.65
***************************
LOWER BREAKOUT~958.70
FIRST TARGET~949.60
INTERIM SUPPORT~941.90
FINAL SUPPORT~933.50
My views are for educational purposes only.
Please trade with caution and consult your financial adviser before trading.
HDFC BANK KEY LEVELS SUPPORT AND RESISTANCE 11/06/2020 THURSDAYKey Levels for HDFC BANK : INTRADAY CHART ANALYSIS
UPPER BREAKOUT~999.75
FIRST TARGET~1009.30
INTERIM RESISTANCE~1019.55
FINAL RESISTANCE~1028.40
*******************************
LOWER BREAKOUT~984.10
FIRST TARGET~976.60
INTERIM SUPPORT~970.90
FINAL SUPPORT~965.35
My views are for educational purposes only.
Please trade with caution and consult your financial adviser before trading.
BANK NIFTY KEY LEVELS SUPPORT AND RESISTANCE 11/06/2020 EXPIRYKey Levels for BANK NIFTY : INTRADAY CHART ANALYSIS EXPIRY
UPPER BREAKOUT~21325
FIRST TARGET~21476
INTERIM RESISTANCE~21613
FINAL RESISTANCE~21781
****************************
LOWER BREAKOUT~21142
FIRST TARGET~21014
INTERIM SUPPORT~20887
FINAL SUPPORT~20716
My views are for educational purposes only.
Please trade with caution and consult your financial adviser before trading.
BANKNIFTY KEY LEVELS SUPPORT AND RESISTANCE 10/06/2020 WEDNESDAYKey Levels for BANK NIFTY : INTRADAY CHART ANALYSIS
UPPER BREAKOUT~20858
FIRST TARGET~21114
INTERIM RESISTANCE~21341
FINAL RESISTANCE~21568
*****************************
LOWER BREAKOUT~20322
FIRST TARGET~20144
INTERIM SUPPORT~19979
FINAL SUPPORT~19766
My views are for educational purposes only.
Please trade with caution and consult your financial adviser before trading.
BANK NIFTY KEY LEVELS SUPPORT AND RESISTANCE 09/06/2020Key Levels for BANK NIFTY : INTRADAY CHART ANALYSIS
UPPER BREAKOUT~21327
FIRST TARGET~21449
INTERIM RESISTANCE~21568
FINAL RESISTANCE~21758
************************
LOWER BREAKOUT~21152
FIRST TARGET~21040
INTERIM SUPPORT~20914
FINAL SUPPORT~20757
My views are for educational purposes only.
Please trade with caution and consult your financial adviser before trading.
ICICI BANK KEY LEVELS SUPPORT AND RESISTANCE 08/06/2020 MONDAYKey Levels for ICICI BANK : INTRADAY CHART ANALYSIS
UPPER BREAKOUT~362.65
FIRST TARGET~365.90
INTERIM RESISTANCE~369.80
FINAL RESISTANCE~374.05
****************************
LOWER BREAKOUT~354.20
FIRST TARGET~350.95
INTERIM SUPPORT~347.90
FINAL SUPPORT~343.50
My views are for educational purposes only.
Please trade with caution and consult your financial adviser before trading.
HDFC BANK KEY LEVELS SUPPORT AND RESISTANCE 08/06/2020 MONDAYKey Levels for HDFC BANK : INTRADAY CHART ANALYSIS
UPPER BREAKOUT~1048
FIRST TARGET~1061
INTERIM RESISTANCE~1071
FINAL RESISTANCE~1083
*********************************
LOWER BREAKOUT~1033
FIRST TARGET~1026
INTERIM SUPPORT~1019
FINAL SUPPORT~1013
My views are for educational purposes only.
Please trade with caution and consult your financial adviser before trading.
AXIS BANK KEY LEVELS SUPPORT AND RESISTANCE 08/06/2020Key Levels for AXIS BANK : INTRADAY CHART ANALYSIS
UPPER BREAKOUT~411.40
FIRST TARGET~415.15
INTERIM RESISTANCE~420.05
FINAL RESISTANCE~425.70
*******************************
LOWER BREAKOUT~405
FIRST TARGET~402.35
INTERIM SUPPORT~398.95
FINAL SUPPORT~394.45
My views are for educational purposes only.
Please trade with caution and consult your financial adviser before trading.
BANK NIFTY KEY LEVELS SUPPORT AND RESISTANCE 08/06/2020 MONDAYKey Levels for BANK NIFTY : INTRADAY CHART ANALYSIS
UPPER BREAKOUT~21341
FIRST TARGET~21497
INTERIM RESISTANCE~21695
FINAL RESISTANCE~21965
*************************************************
LOWER BREAKOUT~20986
FIRST TARGET~20830
INTERIM SUPPORT~20631
FINAL SUPPORT~20390
My views are for educational purposes only.
Please trade with caution and consult your financial adviser before trading.






















