Nifty Bank Todays UpdateWe Are Execute Our Short If Breaks The Downside Level Of 37450 In Half Quantity When Flat Opening
For Long Wait For Price Action. There Are Multiple Resistance.
Education Purpose OnlyNSE:BANKNIFTY
Trendtrader
Don't miss stocks which outperform the marketSwing Trade
TRITURBINE
Buy: 107;
SL: 100;
T: 118;
-Mohit Rajani
Dabur opportunity for BuyIn daily time frame it is in channel formation
formation of doji near support indicates indecisiveness in market
if volume increases and market breaks the 478 level then go for buy
Target 500
Bank Nifty Reversal Pattern : Go longBank Nifty reversal pattern form in daily chart. One can go long with Bank Nifty with strict stop loss. This is my own indicator "Trend Trader Harshal". It represents current trend as well as higher time frame trend in same chart.
Nifty outlook for MondayNSE:NIFTY
Technical analysis:
1. Nifty took support at 50 DMA
2. If you see Fibonnaci retracement, it retraced upto 38% and turned back on higher side
OI data analysis:
1. It respected 11400 where we had highest OI in PUT side.
2. Yesterday we had equal number of OI on 11500 PUT and CALL but at the end Bulls has won the game. Heavy PUT writing is seen at 11500 and 11500 CALL has lost significant amount of OI
With all above parameters it indicates positive outlook for next week.
