Bank nifty analysis 26Mar2021There maybe bearish view at least at today as it will continue as FLLs sell on started
Selling
JUBLFOOD chart for 4th Feburary 2021/ Arpittyage/ PhantomStonksas per the Chart, 2871 could work as a double top,
after Gap Up price sustain above 2871- GO long- targets- 2921, 2989
gap Down below 2871- target- 2831, 2757.
also watch out 8 ema and Recent High of the chart on 1 day time frame.
sharing this cuz i beleive in my Analysis and it works. Please do your own research before making a move.
Nifty 27Jan’21: Law of Averages catching up Nifty loses ground for the fourth successive trading session. The short term down trend is now extending itself further with every intra-day bounce back getting sold into. We have a confluence of supports at the (13,700-13,900) zone. Yes, it is a wide 200-points range, but considering the nature of momentum with which the index is selling off, we need a wider range for a soft landing. We should ideally get a short term bounce back from close to this 200-points zone. Strategically short positions should look to protect open profits and contrarian longs can look for opportunities. Brace yourself for some volatility as we head for derivatives expiry tomorrow.
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INDUSIND BANKINDUSIND BANK :: Short
INDUSIND BANK is looking bearish on chart and this trade is looking very attractive with good RRR
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>>Do your own analysis or consult your financial advisor before taking any trade.
>>I may or may not initiate this trade.
>>Strictly for educational purpose only..
Nifty Tested Major Selling zone HI,
Nifty tested major selling level of 13774. Expected `100 Point down by Monday..
Lets see how it works.
