Everything is clear on chart Wait for smart entry...
bank nifty ve Wolfe wave with exhaustion gap with rsi divergence, show heavy weekness below 41880 trend line breakdown close and hold below and retest the trendline breakdown of triangle
NIKI BANKNIFTY is one of the best indicators for bank nifty future. It will work on 5 min chart with a candle pattern. It has an accuracy of 88% and a profit factor of 5.2. It has a fully automated trading setup with Indian brokers. It can be accessible from invite-only scripts.
Short opportunity after the confirmation for positional or swing trader only
I will look to go long in the area 40100-40200(spot) Market can go to 42000-42500 this week.
Backtesting results with NIKI BANKNIFTY Indicator. No chance to repent. For the Beck test, I consider Bank Nifty Future 1 Lot (75) with a 0.4% target and stop loss from the entry value. A maximum of 4 trades per day is considered. This is done on an intraday basis for a period of 1 year(2019 to 2020).
BNF SUPPORT for today 40990-41050 chart self expletory hai If you look at the chart of Bank Nifty, you will know that it has broken the previous swing low of 41990. BF If BF remains under control then there is a possibility of getting 40 990 today. This is a chart posted for educational purposes only. #banknifty #nifty #stockmarket
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41500 monthly pivot Its not easy to break, may be a fake rally, Try it on your own risk..
Now market will be pull backed as per the harmonic pattern For intraday and swing trade
Bank Nifty Future 15mins... Looks Good Abv 41630 Thn Till Red Line...
If we get a candle closing above 40985 on 15min timeframe we can enter buy side with a target at 41500
Basis the signal generated we will enter the banknifty considering resistance and support levels
Nifty Bank showing bearish move on bollinger band. Crossing below upper band after closing above it.
banknifty short small sl good reward buyers will trap if swing break
Banknifty may touch upper red horizontal line, then it againmay have seen selling pressure. So, I'm going to take sell trade and avoid buy trade. target is lower red line.