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Purepriceactionanalysis

Bank Nifty Analysis post expiry!If you look at 30 min chart of Bank nifty for today session it was clear from start of the day that buyers are going take the session look at first 30 min candle a pure "bullish wick reversal pattern" it confirmed that options buyers will take over the day!! Already discussed on 31st Jan analysis keep eye on opening for confirmation of trade. "Check" 45400 ce was trading at 200 at 10 am at 10.15 am it closed at 556 a net 323 points candle it makes your day! lets look for tomorrow might be same action as today as bank nifty was trading in range in later sessions. But also failed to break resistance twice May take jump from last support at 45600. Still bullish side are bit stronger. Gap down opening can change the view from bullish to bearish. Resis - 46200,46550 Supp - 45670,45400
NSE:BANKNIFTY
by Price_actiontaker14
GBPUSD FUTURE OPPORTUNITIESHello Traders, In the above analysis: I'm showing the both scenario may happen on GBPUSD pair with the help of simple SUPPORT/RESISTANCE. Where, GBPUSD is on a sideways from last 15 day at range of 1.42340 to 1.40990. So the analysis says: if it'll break this resistance(1.42340) then we will see a new high on GBPUSD after 3 years of downtrend or if it fail to break resistance & came below support (1.40990) then next target will be 1.40290. You can use this analysis on intraday & swing both. Use proper risk management if enter. Best of Luck Happy trading
by Rakesh_Thakuria
1
GBPUSD LONG SWING OPPORTUNITY GBPUSD recently broke its multiple rejection RESISTANCE at 1.4000 & drastically go up. Another side's already in an UPTREND for the last few months so, Price action analysis says it's a good time to buy/long GBPUSD as a SWING TRADE. Remember: Close 50% trade at take-profit:1 & move Stoploss at Breakeven. There is resistance at Take-profit:2 so if we use this trailing strategy then our trade will be safe TAKE 2%---5% RISK ON THIS SWING TRADE BEST OF LUCK!
Long
by Rakesh_Thakuria
3