Hello & welcome to this analysis India's largest bank has had a dream for around 24 years. This video is an analysis of it post the merger of HDFC LTD with it. Short term resistance is between 1660-1700 above that 1755 and then medium to long term at 2000-2100-2500. Short term support is between 1620-1600 below that 1550 and then medium to long term at 1400. It...
Buy Nifty PVT Bank Index At Cmp 23246 SL - 22750 ( Weekly Closing Basis ) Target - 25800 All Pvt Bank Stocks Buy
Hii All... Greetings.... Today I'm sharing with you Daily Charts of Nifty Pvt. Bank, we can see a very clear Head & Shoulder Pattern which has already Formed. Head & Shoulder Pattern is Trend Reversal pattern. I'm currently having bearish view in Nifty Pvt. banks. However on closing basis if upper resistance is breached. The we can consider Failure of Head...
Nifty pvt bank index have life time high around 21720, if index fails to sustain above 21720 levels and give daily close above that levels, than consideration of double top pattern around 21700 levels, from where reversal till levels of 20000 can be seen on initial basis, 2 consecutive close below 20000 levels might lead to further correction in pvt bank...
Nifty pvt bank spot cmp 18929 inverted head and shoulder pole and flag elliot wave all 3 study suggest same thing lets see if it follow the road map as per study..
Nifty pvt bank Rising parallel channel Horizontal demand zone Hidden bullish divergence on RSI Pre assumption of harmonic ABCD pattern fromation.. Good formation around current levels.. time too add some pvt bank in your folio..
As Nifty Pvt Bank is near to weekly and monthly resistance after Feb 2021 , it may take a pause as show in the chart , HDFC bank will play a major role in the breakout
Axis bank or we can say private sector is working good. 5 month cup on aaxis bank is spotted trade accordingly
Nifty pvt bank cmp 17975 Elliot wave study Daily time frame At the moment index is trading at pre covid all time high levels of index,, which are in range of 17950 to 18030. It strong demand zone and is being respected in past history so the index can be considered at support levels . Wave 1 :- wave 1 consist of 3494 points and 41.17% move from the bottom,,...
NIFTY PVT BANK (MONTHLY CHART SINCE 2008 TO 2021) Get Ready For PVT. Bank Blast Soon
NIFTY PVT BANK (MONTHLY CHART SINCE 2008 TO 2021 Get Ready For PVT. Bank Blast Soon
Price after taking the support moves up strongly and breaks the long time resistance with super strong momentum. As usual price cannot hold the momentum and falls back to the breakout level which can be considered as retest. Good news awaiting for the bank nifty traders in the coming days . . . Follow up . . . Retest happened !!
Nifty private banks have started under performing the Nifty. It may be time wise correction or a fall. Time will say