NIFTY PVT BANK NIFTYPVTBANK

UNDERDOG-29

#Characteristics of Bow-Tie Diametric pattern *It's a seven legged Elliot / Neo wave corrective pattern *Wave A=G,B=F,C=E.wave D is connector. *Wave B takes less time then wave A took to form,and can correct wave A by more then 61.8%. #Reasons for not considering this entire swing as an impulse/triangle move *Wave B has retraced wave A more then 61.8%(In an...

Pranay9 Pro

NIFTY PRIVATE BANK INDEX have paused at very important levels positionally. break of current week low, can be very dangerous for the bulls, as private banks hold high weightage in the nifty index.

PrasantaP

When price break any well defined boundary below 200 Day Moving Average then high probability price continue the trend or if price hold the well defined boundary then upside no limit

tradetechnicalanalyst Pro+

Nifty Private bank form H&S pattern on monthly chart. Market will correct more from here.

ritikjamwal787

if 18850 will break on downside then go short on banknifty for good downfall can see in further days .

papu04ap

MAY REVERT From R2 to R1 level or even to PDL level in intraday basis

StrategicAlpha Pro+

Nifty PSU Bank Index is outperforming Private Bank Index by a big margin. Current Situation is Similar to 2004-2008 Period where maximum money was made by Public Sector Banks. Public Sector Banks where NPA's have bottomed out and Banks with High Provision Coverage Ratio has potential to surprise everyone on the positive side. Chart Suggests that PSU Banks can...

RUDRA007

Nifty pvt bank spot cmp 18929 inverted head and shoulder pole and flag elliot wave all 3 study suggest same thing lets see if it follow the road map as per study..

Yogi_mj

Nifty pvt bank is showing strong convergence in oversold zone. Exit your short positions and take long positions

RUDRA007

Nifty pvt bank Rising parallel channel Horizontal demand zone Hidden bullish divergence on RSI Pre assumption of harmonic ABCD pattern fromation.. Good formation around current levels.. time too add some pvt bank in your folio..

mohta_jayesh

Very strong break out in Nifty PVT Bank index with good momentum. looking good in near term future.

thelastbull Pro+

Recently breaking the upsloping trend channel now we are making lower highs and lower lows on Nifty Private Bank. Sell on RIse Market? ALthough the long term uptrend is still intact but we can see the demand weakening.

FlipCoin_Investments

Bull can resume their run above 20100, need to hold this level atleast for a day..

TradeshellOfficial

As Nifty Pvt Bank is near to weekly and monthly resistance after Feb 2021 , it may take a pause as show in the chart , HDFC bank will play a major role in the breakout

Mahesh_Walse

*Pvt Banks* at Breakout level Short term - Mid term buying opportunity in banks. Grab opportunity before its too late.

SAKTHI2910

Still in the Consolidation. Some of the private banks like HDFC RBL looks good. Since bank Nifty breakout from consolidation Nifty PVT Bank will break from consolidation

RUDRA007

Nifty pvt bank cmp 17975 Elliot wave study Daily time frame At the moment index is trading at pre covid all time high levels of index,, which are in range of 17950 to 18030. It strong demand zone and is being respected in past history so the index can be considered at support levels . Wave 1 :- wave 1 consist of 3494 points and 41.17% move from the bottom,,...

Mahesh_Walse

Nifty Pvt bank showing good strength and Breakout on charts Good to accumulate for shortterm cmp-15590