HrushiBankar

HrushiBankar

BANKNIFTY Intraday Trade Setup For 20 Apr 2022 Buy- None Buy above 36400 Sl-36300 T-36900

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An inverse head and shoulders is similar to the standard head and shoulders pattern, but inverted: with the head and shoulders top used to predict reversals in downtrends. An inverse head and shoulders pattern, upon completion, signals a bull market.

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As discussed in the previous idea GOLD broke the channel pattern with great volumes and now is heading towards its major resistance 1962.

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BNF is stuck n a range and has a gap pending below. recent market sentiments are negative to which the market may react and we might get target till 37000.

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GOLD is rallying continuously was on a demand zone now broke a channel pattern and about to hit 1950 again

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Nifty 50 has formed a Double Bottom chart pattern on its demand zone and has also broken its neckline. The demand zone has a great potential and adequate amount of fuel to makr Nifty fly.

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As posted on 8th April (Gold was waving in a channel pattern which was connected to a bullish pole. The channel has been broken recently and the retest on 15 min tf confirmed a long entry. Gold can shoot upto 1949 in upcoming days.) Here are the results Gold rallied upto 1950 hit all targets and s now consolidating keep an eye a big move is on its way.

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Siyaram silk big tragets on the way. CMP add near 500-550. Been consolidating in a channel and broke the resistance with great volumes. Tgt 650-750+

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Gold was waving in a channel pattern which was connected to a bullish pole. The channel has been broken recently and the retest on 15 min tf confirmed a long entry. Gold can shoot upto 1949 in upcoming days.