as i discussed before, and shared this idea already with all levels! got hit targets today and heading towards next levels.
it might be take support at @68 then will continue its rally!!!
all targest hit as mentioned, and heading towards for more
as you can see in given chart, whenever bnf tried to come at support level.. huge buying happend!! that's a strong demand zone of index, once it will break.. bnf will test next level after that.
now trading in a channel, might be form cup & handle pattern !! key level 1126 for confirmation buying
AS i said before, 1st target done !! it may retrace from this level, strong support zone.. but this level cant sustain for too long.
REPRESENTATION THROUGH EW OPEN FOR SUGGESTIONS
since banknifty is in correction mode, the following targets can be seen in coming trading session!! GO FOR SHORT SHORT SHORT!!!!!
levels and trend you can Analyse from given chart.. open for different perspective 🙏
here as you can see, it created inverted head & shoulder!! let it break that strong resistance, then you can make long position from there!!
TOOK SUPPORT AT SAME LEVEL BEFORE!! CAN BE BUY IT FROM HERE ??? FOR V RECOVERY PLEASE SHARE YOUR VIEWS
AS I SHARE IN PREVIOUS GRAPH, THE FINAL UPDATE IS HERE!! IT TOOK SUPPORT FROM DYNAMIC TREND LINE... WELL I EXPECTING 31000 LEVEL TO TOUCH.
today i sold bnf near 32300,got great targets as per my levels..bnf index might touch next level too!!
my long term view on NTPC it already broke dynamic trend line, now waiting for dynamic resistance @107 if it breaks, we can go for targets mentioned in the chart. best price for entry 97-100
same as bnf index, i made position here nifty 50!! achieved targets as per my levels!!! looking forward for next levels