Godrej Agrovet making a head n shoulder on weekly time frame. Greating upward trend on daily n weekly time frame. Buying oppourity is generated on dip's below 460 to 450. Note : All analysis are for observation and study purpose no tips or calls are been provided. Make desicion at your own risk.
Check how trend lines are helping Bank nifty to move upward n downwards. note : This is only for study purpose not tips are given to trade, make decison on your own analysis
Check for profit booking if taken any trade as BN is taking support. Allow BN to consolidate before making any move to downwards & check price action at support. ~ Traps will be planned here check twice before entering to trade. Note : Analysis are for study purpose only no tips or calls are been provided.Trade or invest before doing your own analysis.
check the trend might be bullish but still wait for price action to make move! Avoid traps check twice price action and volume before making any entry
Check price action with voulme before making any entry at resistance. check consolidation at resistance level Note : Analysis are PURELY only for refernce purpose & learning purpose. There is no such indication for tips or calls for investments or trade. Any risk taken on basis of this analysis individual will be solely responsible for their risk. ALWAYS DO...
At near resistance will take support or will push down please check price action before taking trade.
As trend suggest a brearish move can be in seen. Please check price action
looking like Zee limited can face risistence over trend line
BN is on strong bullish trend but also coming near to very strong resistance at 44100 & 44000 mark both as strong resistance as well as they are round number's most of the traps happens at this levels Wait of retest and then ride the bulls trend!
Bank Nifty reversed today from strong resistance at (42725-750 ) approx. Check resistance marked in red sign post Bulls may flex tomorrow as well a good Retest Entries can be made ( Marked with path tool in green )
Bank Nifty making dojis on range looks like it side ways today but trend says bullish if take at support marked range ( black lines on chart ) & makes a big green bar candle then an upward move can be seen.
creating pattern on daily, hourly and on 15 min can create a bullish move in coming days.
Trend looks bearish. Please check out chart target for upward or downward are marked let see how it reacts for tomorrow.
Bank nifty is range bound from quite sometime it can break the range but will face reisistance on buying side. trend is on selling side if breaks PDL (40820 ) level a good short position can be created of 200 points at least
Bank Nifty facing resistance and also ranging in 41100 to 41200 both are round numbric levels high chances of traps. If breaks the 21 EMA with strong brearish bar a short position can trigger.
Bank nifty at important level at consolidation facing strong reisitance at 40400 to 40600. Wait till range between them is broken with bullish Bar candle or wait for retest after 40600 levels are broken. Target 1 - 40700
Zee touching 21 Ema if breaks price 220rs long position can be enter till T1 - 230rs , T2 - 248