Patterns seen in bank nifty today, double top resistance, trend line resistance, narrow range consolidation. How to trade on it is explained in this video. Note : Develop flexibility and adapt market movement to be a profitable trader. I post analysis daily on indexes.
Bullish flag chart pattern is forming in TVS Motor, Waiting for upside breakout.
RSI above 50 indicate the momentum and strength are positive
20 EMA is acted as support, today
All moving averages are rising upside, showing that the trend is up.
How we have to trade on expiry day after Fed meeting and RBI policy announcement? Note : Develop flexibility and adapt market movement to be a profitable trader. I post analysis daily on indexes.
Nifty / Bank Nifty both appear to be in a long term uptrend but sideways the whole week.
We have to wait for a break for the range developed this week before selling calls/puts.
Important levels and trading plan is discussed in detail in the video.
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What patterns you are seeing in bank nifty today and how to trade on it? Note : Develop flexibility and adapt market movement to be a profitable trader. I post analysis daily on indexes.
