Hi everyone welcome to best Analysis and stock market research channel & Tradingview award winning Channel. Today i"ll show you how to capture good moves and trades in Bank Nifty.
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There is a very high degree of risk involved in trading. Past results are not indicative of future returns.
Short Video Outlook on BankNifty
Support Zone 41700-41800 or close to 42000 - If Index holds & takes support then expect below mentioned targets
42555
42700
43000
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as you know the overall eur/usd in bearish right now .as dollar is strengthening all dollar related currencies like gbp/usd ,eur/usd , and nzd/usd are loosing their value so overall i am looking for short position next week.
the idea formulated when in 1h timeframe market is uptrend forming HH and HL to now break a HL (wick break ) which kind of confirm that...
we can see it"s a high probability trade because it has formed 3 bullish patterns in multiple time frames with that it has already achieved 42% of the target and we can still expect 10-12% more .
I am expecting a retest at 1 hour channel pattern and goint to enter with a risk of 2.5% and a reward of 12%-14%
1- technical chart patterns in our favour.
2- multi...
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These Old ways / methods discussed are
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Correction ...
I AM GOOD ANALYSIS AND I AM THESE ANALYSIS IS VERY IMPORATANT FOR THESE CHEAP WORLD
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If you have a same bullish view than do comment below
Will Nifty Go Up Or selling will continue
There should be some buying from current levels. Though it will not hold for longway and nifty will eventually get into sell mode again.
Near major resistance and now make or break situation.
Looking bullish on daily TF,
but not that strong on Weekly TF.
So now I'm in wait and watch situation.
This was my first video on Tradingview platform.
Hope you like it.
This post is for information purpose only.
