This are my views on Bank Nifty.
Buy on a Trendline breakout. SL below the support zone. Happy Trading :")
As we can see in the chart that BANKNIFTY was continuously going upwards since 22nd April. On 29th April BANKNIFTY faced the resistance of 33950 level and then pullback occurred. Right now BANKNIFTY is currently trading at 32700 level, now we can call this pullback as a retracement. So as per the Fibonacci retracement, BANKNIFTY can retrace 50% and then it will...
Let me know your opinions :") Happy trading!
As you can see on the BANKNIFTY hourly chart that BANKNIFTY is at its 0.236 FIB level so what do you guys think will it break the 0.236 level or reverse?
This is my analysis on BANKNIFTY for 16th April 2021. let me know about your opinions :") Happy Trading traders!
This is my analysis on BANKNIFTY for next trading sessions. Let me know your opinions :")
As you can see on the chart that the bank nifty is touching its major trendline on a bigger timeframe. In the coming week, we will get to see the further moves. What do you think about this trendline, is it going to break or not?
On a chart, Right now bank nifty is at its strong support zone. there is no strong selling pressure yet to break those levels. So the market can also reverse from its current level. However, that support level has been tested so many times so there might be some chances that this support level would break. Thank you!
Nifty has taken a major trendline support as well as 14475 level support , So Nifty upside momentum is expected from here.
My views on Nifty50 for 22nd March 2021.