Bank Nifty Futures RSI on daily charts has just bounced from 50. Moving average are just crossing over and there was a recent Doji which could be a start of a new uptrend. Daily charts means that this study is for a positional or short-term trade with a timeframe of about a week. Intraday charts or 15m charts look a little doubtful. I am looking at Heikin Ashi...
find out these key levels for intraday trading NSE:BANKNIFTY1!
This is the logic behind todays Trade. Any Doubts feel free to message me! :)
Sustaining 35280 - 35340 will make the price to move towards 35460, 35620, 35780, 35920, 36160, 36340, 36480 and 36640. Bearish below 35240 for the targets 35160, 35040, 34880, 34720, 34580, 34360, 34220 and 34080.
The relative strength index (RSI) is a momentum indicator used to measures the magnitude of recent price changes to evaluate overbought or oversold conditions RSI now in above chart shows neutral momentum between 45-55 ADX is majorly used by traders to see the strength of a trend it does not tell if the trend is up or down but says how strong is the current...
Trade after Breakout on either side Of pennant
bank nifty opened gap up on 35500 it gave 600pts selling now consolidation mode watch out for breakout
#banknifty Looks #bearish in the Micro Picture. A fall till 32000 to 33000 Looks possible. Macro still remains #Bullish This would be a Retest of the Previous high. After that, we should successfully push to 39000 and above. This is what I Feel! #Nifty #Futures #nseindia
37755 above buy 36640 below sell 37220 when market touch the price after work above and below level 37220 market touch tha price before friday if not touch 37220 before friday avoid
Heavy Bearish Sentiments !! let bank nifty rest near its support, bearish Put spread will help low risk trades.
this is only an idea or a probability on my point of view. traders be careful while trading.
bank nifty levels ...01/03/2021 (1hr candle)