Bank nifty may give correction for a day or two before it continues its upmove. i found a head and shoulders trade today at the end, i have shorted it for the target of 34920. Kindly watch channel lines along with zones and horizontal levels for reversals.
Bank nifty is bullish as predicted, kindly follow the zones and leves with price action confirmation as u trade it, My leves are working very well which u guys are already wintessing.
Hope you followed todays levels and earned out of it. Important levels for tomorrow 08 July 2022 35196 - Confluence of trendline and resistance 35442-35555 - Supply Zone
Look at the bank nifty chart at resistance and see the price action at the pivot level. I have written on chart the details of the move
Based on the chart analysis BNF seems more bullish than Nifty. market may open with little Gap Up on 04 July 2022 We may discuss three scenerion 1- If BNF Opens with Gap UP-150-200 points up. 33950 /34100 are two resistence area 30 mins/1 hr if BNF sustain above then we can sell PE of 33700 with 33500 next week expiry buy hedge if BNF stops near resistence...
Bank Nifty is more weaker than nifty on charts. if it moves below today's low, it will remain weak till expiry
BANK NIFTY TODAY 23 JUNE 2022 Skipped from the supply zone 33099-33188, but could not escape the falling trend line fell sharply from there went to the demand zone of 32777-32819, reversed and was again caught up on the same falling trendline, where it exhausted and closed. This is the power of Tech Analysis, it can tap every kind of markets. BANK NIFTY TOMORROW...
Best of Luck for a volatile expiry, market is unable to decide any direction.
BANK NIFTY TODAY 21-JUNE-2022 Started at 32956, took a pause at 33125-33166 zone gave a good entry with small SL of 41 points and reward of 475 points i.e. 11X of SL. It reversed exactly from below my zone of 33669-33798 and stopped again near my previous zone of 33125-33166 at 33238 BANK NIFTY TOMORROW 22-JUNE-2022 Has got many resistances to move up, hence i...
Hi hope you earned from my zones. Today Bank Nifty exactly took support at 34818-34743 zone for 1.15 hours and then formed an bullish engulfing candle to move upwards, but my uptrending channel didnot allow it to escape up freely. Finally it broke the channel after struggling with it for 4 hours and took a bull run. Power of #TECHNICALANALYSIS Best of Luck for tomorrow.
cup and handle pattern. if handle breckout then target will 38800 on 2 hour chart .
Best of Luck for Expiry trades Friends, worldwide data is bearish, hence expecting a gap down.
BNF broke out of a trend line after multiple attempts but is still inside the long term channel. Took a good support of 34000 zone and bounced well at the end. Overall not as strong as NF.
Sorry for not posting Friday analysis due to some time constraints. Please follow the zones, levels and channel.
Only Trade after Retests of the above or below zones or the trendline, after the gap. Dont Jump in early.
Bank Nifty Hourly analysis with Perfect zones, Just go trade and enjoy, kindly give a like if u earn out of it.
Enjoy the Volatility Ride at our Bank Nifty Roller Coaster
Strong Levels for Bank Nifty Spot to Trade on 02 May 2022