Rupee is gearing up for move if dollar index starts closing below 99 then rupee will move towards 80 & 78. If dollar index move towards 104 then rupee can give more above 83 towards 85 & 87 then Bank Nifty also take back seat & IT sector move. Trade with stoploss & happy trading.
Bank Nifty make a double top pattern & breakdown giving already now it can retest those break down levels & after that big fall can be seen in Bank Nifty. But one more scary thing can be seen trendline from 39000 retest almost 3 time but this time Bank Nifty retest it very quick in time now if this trendline broken then can see more downside. R
India vix going to explode above 12.10 be careful in options & nifty also not giving comfort sign on these levels trade with stop-loss & happy trading
Banknifty making 4 different pattern at same time 1. Flag pattern 2. Rectangle pattern 3. Parallel channel 4. NR7 (narrow range) Everyone is waiting for breakout or breakdown in banknifty. Now wait & watch in banknifty for big & fast move upper level - 44511 lower Level - 45322. Trade with stop loss thanks
Banknifty moving in parallel channel upward from 40000 levels now moving downward or in range from 44500 levels. Will Bank Nifty still move in parallel channel or it break it's trend?? Let's wait & watch & Trade with stop loss. Thanks
Nifty is not able to cross it's Life high after 3 attempt. Now after seeing the situation if Nifty break down it's trend-line support from April now watching carefully all main stocks of Nifty for further movement & US Dow market also not giving support at all. Thanks & trade with stoploss
Bank Nifty making falling wedge pattern on hourly chart & now wait for it's breakout. Trade with stoploss Thanks & Nifty making rising wedge pattern Now let's see what both index do
Nifty making rising pattern on daily time frame wait for pattern to give breakdown trade with stoploss. Thanks
Kotak Bank making rounding Top pattern & gap also have to be filled Trade with stoploss thanks
LT making shooting star at resistance & making negative divergence also trade with stoploss. Thanks
TCS making head & shoulder pattern in DTF & if TCS close above 3140 then neglect H&S pattern. TCS following trendline support from 2020 so watch & trade carefully with stoploss
INFY triangle pattern on daily time frame & as always INFY making range after breakdown everytime same trend seen in INFY Chart now let’s see what INFY do?? wait for pattern to give breakout or breakdown
ICICI Bank give breakout of rounding bottom & then retest it. Now a new high possible if give breakout of trendline & major 960 resistance of life high. Watch carefully thanks
HDFC Bank taking support at same trendline from last 1 year & making triangle pattern if give close above 1620 in coming days then can see some move in HDFC BANK. But HDFC Bank & HDFC merger will be there in next month around 20 July if some negative news comes or selling from funds then HDFC Bank will not move in upward direction at all
Reliance will decide a major move in Nifty if this rounding pattern breakout happen & move in parallel channel & keep an eye on US markets also if they to something undecided then we can't move alone in upward direction.
Nifty making rounding pattern on small time frame in intraday if close above 18688 then it give breakout of this pattern. But tomorrow is RBI policy so it can't play it's role if something happens.
Nifty cup & handle pattern on weekly charts of you only consider rounding pattern (white one). Now let's see what Nifty do…
Bank nifty making rounding pattern on weekly charts & now let's see if it's breakout of rounding pattern or make a cup & handle pattern…