Price Action Analysis: BankNifty recorded an all-time high at 32614 in the month of December 2019. From the all-time high price declined in a three leg down move to and recorded a new low at 16116. From the low of 16116 price retraced in three leg up move with a swing high at 21967, swing low at 17105, a higher swing high 23212 and to finally close at 21640....
Price Action Analysis: Nifty recorded an all-time high at 12431 in the month of January 2020. From the all-time high price declined and recorded a new low at 7511. From the low of 7511 price retraced in three leg up move with a swing high at 9889, swing low at 8806 and to finally close at 11073. The question in the mind of most traders is that, will this up move...
You can trade LONG position on usdjpy It will only go up in daily chart no dough
Doubled from recent bottom and no sign of weakness! By October it may cross 1000 and by the year end 1200, I hope.
ICICIBank at Trend deciding stage. Do your research and take a call for earn gains. I personally choose to go Long
Nifty has been trading a very narrow range since last 7 sessions. It does not have any steam left to move up. Next support is at 11200 level. So this narrow range of 200 points may prevail for next few days before we get a decisive break ( down/up).RSI has also started showing weakness. Be carefull. Watch out for first week of next month.
keep on radar! well within the accumulation zone, for a target of 60 in medium term! Disclaimer:I am NOT SEBI registered. THE OPINION GIVEN OR THE CHARTS PRODUCED HERE ARE FOR MY PERSONAL REFERENCE ONLY AND THEY ARE NOT ANY BUY OR SELL RECOMMENDATIONS. Kindly consult your investment advisor and family members before investing.
buy oppurtunity above 86rs just watch the levels and targets
Disclaimer:I am NOT SEBI registered. THE OPINION GIVEN OR THE CHARTS PRODUCED HERE ARE FOR MY PERSONAL REFERENCE ONLY AND THEY ARE NOT ANY BUY OR SELL RECOMMENDATIONS. Kindly consult your investment advisor and family members before investing.
Disclaimer:I am NOT SEBI registered. THE OPINION GIVEN OR THE CHARTS PRODUCED HERE ARE FOR MY PERSONAL REFERENCE ONLY AND THEY ARE NOT ANY BUY OR SELL RECOMMENDATIONS. Kindly consult your investment advisor and family members before investing.
Support at 800, resistance at 860, intermediate term target 900
On strong long term support. Extremely bullish in the short term.My target is 3500 by Nov end
Crossed the strongest resistance line with a strong move yesterday. One may go long with a support at 208. The support line should not breach for a couple of days for making a good base there.
first resistance is at 704.7 second resistance at 714.65
will bank nifty drag nifty index.
taking 1 as 100 we can find that 111 = 11100 and 106 = 10600. these are important gann numbers lying on cardinal cross and diagonal cross of gann square of 9. in nifty 50 these level worked well. when nifty was at 10600 it took many times support at this level. 10850 is the mid point of 11100 and 10600. at 10850 level we can see nifty took many time resistance...