Though the BankNifty has been underperforming for past few months, it has formed volatility contraction pattern, going by this the breakout above 36170 whenever it happens, will be wild. Also this pattern is valid till BNifty holds above 35000 and it should break out within next 3-4 sessions. closing above 35880 should make way for this breakout,
All important levels are mentioned on chart video. I have not included any quant based signals today, as those are weird on derivative settlement days. This post is not an encouragement to trade in highly volatile financial markets, avoid leveraged products if you are not experienced. Do consult your financial consultant before taking any positions.
Nifty Intraday Trade Setup For 27 Aug 2021 Buy - Above 16655 Sl - 16625 Target - 16700 Sell - Below 15590 Sl - 15620 Target - 16540 16495
understanding trends through support and resistances.
understanding trades of Banknifty future for 27.08.2021 (Friday).
banknifty imp levels for 27 aug....... detail description in video
Nifty showing some resilience at 16700 levels, there are a few signals indicating distribution around current levels. 16700 is strong resistance, while 16490, 16380 and 16180 are immediate supports. View negates once it closes above 35700 on two consecutive sessions. To be used for education or research purposes, not an advice to trade. Please consult...
Retested breakout level. Stock has retested its breakout zone with low volume. Now it is ready to go up again. Expectation: 180, 200
understanding banknifty future trades for 26.08.2021 (Thursday - Monthly expiry)
upcoming possibilities in nifty 50 as uh can see i marked levels it will going to take support on 16600 its my view n will bounces from that levels one can take positions with our own RR in buying side ....tQ
BANKNIFTY trade in tight zone for last 3 hours......... high probability of zone expansion............... detail analysis in video.......... made LL LH in intraday ...........
Bank nifty has formed a Bullish pole and flag pattern on 15 min tf. Watch out for a flag breakout.
understanding banknifty future trades for 25.08.2021 (Wednesday).
#banknifty analysis for 25th Aug'21 The #banknifty broke the falling trend line around 35,250 was whole day was upmove, I except consolidation for next day then we can see again an upmove till 36,120. BTW, I missed wave 3 of the move completely today. Regards, Subhag.
NSE:SBIN ******whatever charts or levels sharing here are just for educational purpose only not a recommendation. please do your own analysis before taking any trade on them. we are not SEBI registered.
understanding trades of bank nifty future for 24.08.2021 (Tuesday).
#banknifty view for 24th Aug'21 The moving average are giving sell signals ( DMA 5/10/20/50 - 35,534 / 35,765 / 35,439 / 35,230), support 100 DMA 34,320. Today Last week's swing low of 34,930 was broken on an intraday basis, which is not a good sign. The majority of pivots are placed at 35,090. DZ:- 35,090 (intraday) & 35,427 - 35,531 (positional) Sum up,...
banknifty - 35000 is becoming support... all levels with logic is mentioned in below video