Nifty pvt bank is showing strong convergence in oversold zone. Exit your short positions and take long positions
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..
Very strong break out in Nifty PVT Bank index with good momentum. looking good in near term future.
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.
Bull can resume their run above 20100, need to hold this level atleast for a day..
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
*Pvt Banks* at Breakout level Short term - Mid term buying opportunity in banks. Grab opportunity before its too late.
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
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,,...
Nifty Pvt bank showing good strength and Breakout on charts Good to accumulate for shortterm cmp-15590
NIFTY PVT BANK (MONTHLY CHART SINCE 2008 TO 2021) Get Ready For PVT. Bank Blast Soon
NIFTY PVT BANK (MONTHLY CHART SINCE 2008 TO 2021 Get Ready For PVT. Bank Blast Soon
Price after taking the support moves up strongly and breaks the long time resistance with super strong momentum. As usual price cannot hold the momentum and falls back to the breakout level which can be considered as retest. Good news awaiting for the bank nifty traders in the coming days . . . Follow up . . . Retest happened !!
Looking good for 19000 and and then 20000. NSE:NIFTYPVTBANK
It seems at current level Nifty private banks are good buy.
NIFTYPVTBANK | Private sector bank's - Looks tired? I see RSI negative divergence. Might be some profit booking happening. Should be careful until the resistance is taken out.