I will update BANKNITFY shortly.
As per technically, till there is not much positiveness on nifty nor in banknifty.
NOTE: For Live ALERT, Kindly hit LIKE button.
NIFTY is following as per my chart. please check below post also.
First of all, you must have FIVE minutes to understand.
Try to observe both patterns as mentioned following:
Flag Pattern (i) which is in the channel.
Flag Pattern (ii) with breakdown channel support.
There're total (5) channels in the chart but the 5th channel is different from all others. look at all Four-Channel having up-trend but 5th has a flat...
Wait for TAIL & excess at a value high to short this stock.
Your target 1430 and above it, expected excess with tail 1455 nearby for short seller eye.
For observing minutely, you will find every time tail when U-Turn. Important is tail for trade on this stock.
Price is trading at a "value high".
Suppose to extend price rotation as drawn in the chart then Spike is ready.
The 30min can close above 148.7 then, 90% chance to make spike for targets 151.5 and 152.25.
While Spike volume should more than average volume, for instance, 2x volume will confirm the spike.
Support at 147
Hit LIKE button for live...
Intraday Resistance 11584 nearby. The price rotation is show with yellow box in where war started between buyers and sellers.
Outside of the box, there are lot of chance to spike downward.
Hit LIKE button for Live Alert/Notification.
created a TAIL at support line.
Breakdown the "major channel".
61% "fib. retracement" at 11492 nearby.
personally thought is that We might see more fall but technically price has support.
---> Hit LIKE button for real-time ALERT.