Priceactionanalysis
[INTRADAY] #BANKNIFTY PE & CE Levels(29/11/2022)Today will be flat opening in BANKNIFTY . After opening if the bank nifty sustain below the 42950 level then a possible downside of 400-500 points up to 42550. And reversal chances of from 42550 level. And this rally can extend for another 400 points if it gives a breakout of the 43050 level.
FDCOne can also enter one head and shoulder pattern is active
Chart is self explanatory. Levels of breakdown, possible down-moves (where stock may find support) and resistances (close above which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
BANK NIFTY ANALYSIS FOR 28 NOVEMBER hello guys
strong resistance for bank nifty is 43340
and major support level is 42865
if this level break bank nifty can give a big movement
the recent pullback levels and recent support and resistance zones are marked where the market has given respect
so trade accordingly and be profitable
thank you
Symmetrical triangle pattern reversal in BALKRISINDBALKRISIND
Key highlights: 💡⚡
📊On 1W Time Frame Stock Showing Reversal of Symmetrical triangel Pattern .
📊 It can give movement upto the Reversal target of above 2200+.
📊There have chances of breakout of Resistance level too.
📊 After breakout of Resistance level this stock can gives strong upside rally upto above 3300+
Falling broadening wedge Pattern Breakout in ICICIPRULIICICIPRULI
Key highlights: 💡⚡
📊On 1h Time Frame Stock Showing Breakout of Falling broadening wedge Pattern.
📊 Strong Bullish Candlestick Form on this timeframe.
📊It can give movement up to the Breakout target of above 481+.
📊Can Go Long in this stock by placing a stop loss below 460-.
📊 breakout this can give risk:reward upto 1:3+.
Downtrend parallel channel pattern breakout in BALRAMCHIN.BALRAMCHIN
Key highlights: 💡⚡
📊On 1D Time Frame Stock Showing Breakout of downtrend parallel channel Pattern.
📊 Strong Bullish Candlestick Form on this timeframe.
📊It can give movement up to the Breakout target of above 330+.
📊Can Go Long in this stock by placing a stop loss below 352-.
📊 breakout this can give risk:reward upto 1:7+.
Rising wedge pattern reversal in LTI.LTI
Key highlights: 💡⚡
📊On 1D Time Frame Stock Showing Reversal of Rising wedge Pattern .
📊 It can give movement upto the Reversal target of above 5425+.
📊There have chances of breakout of Resistance level too.
📊 After breakout of Resistance level this stock can gives strong upside rally upto above 6410+
[INTRADAY] #BANKNIFTY PE & CE Levels(24/11/2022)Today will be gap up opening in BANKNIFTY . After opening if the bank nifty sustain below the 42950 level then a possible downside up to 42550. And reversal chances of from 42550 level And this rally can extend for another 400-500 points if it gives a breakout of the 43050 level.
[INTRADAY] #BANKNIFTY PE & CE Levels(23/11/2022)Today's gap up opening in Banknifty . After opening Bank nifty sustained above 42550 level and then possible upside rally upto 42950+ in today's session. in case banknifty trades below the 42450 level then the short target can go up to the 42050 level.
Bullish flag pattern breakout in ICICIBANKICICIBANK
Key highlights: 💡⚡
📊On 1D Time Frame Stock Showing Breakout of bullish flag Pattern.
📊It can give movement up to the Breakout target of above 1020+.
📊Can Go Long in this stock by placing a stop loss below 910-.
📊Breakout can give risk: reward up to 1:10+.
Bullish pennant pattern reversal in GRASIMGRASIM
Key highlights: 💡⚡
📊On 1D Time Frame Stock Showing Reversal of Bullish pennant Pattern .
📊 It can give movement upto the Reversal target of above 1785+.
📊There have chances of breakout of Resistance level too.
📊 After breakout of Resistance level this stock can gives strong upside rally upto above 1995+.
#NIFTY Intraday Support and Resistance Levels - 22/11/2022Nifty will be slightly gap up opening in today's session. After opening nifty sustain below 18210 level and then possible downside rally up to 18120+ in today's session. in case nifty trades above the 18250 level then the long target can go up to the 18350 level.