44500 was best resistance and its broken in last trading session. As banknifty is highly famous for its fake breakout let’s see if any good upward move or not.
Comment below your opinion.
As we can see in daily chart frame nifty 50 is making its channel high and it makes its good probable resistance bull back and make a red candle for the day of 3rd July.
19200 is good resistance if market is flat.
Comment your opinions…..
Hello trader,
Weekly time frame of bank nifty is taking resistance trend line, once 44504 is been broken, there is open space for banknifty to soar above.
We must respect nifty 50 levels. Kindly check that one nifty 50 is showing highly bullish activity for today’s expiry. Thus it become very important for us to trade in Bank nifty for up.
Hello traders
In 15 minutes, we can see nifty is making an ascending triangle which is a good indication of breaking the resistance. Unfortunately resistance is the market highest ever. Still there is a strong possibility to break the highest resistance which is around 18890 .
Once it brake the resistance wait for retesting. Once it retest you make take entry...
Hello traders,
As you can see nifty is running in channel for long days. The channel is ascending and touching it low yesterday. Today it is a possibility to touch and resist market highest High ever.
The red lines are weekly supports and resistances, whereas black lines are daily supports and resistances. Below 16952 there is a huddle where market has changed...
As we can see this, market is allowing profits to sellers only because of uptrend moves but very slowly (check daily chart) Retailers like us need to stay calm in this market specially for bank nifty. We can clearly see that market is not giving any huge opportunity to grab even breakout is not working properly. No matter it’s breakouts still premiums are not...
As we know banknifty is giving lot many profits in last week in put side.
If you can check the market is making boxes last three trading sessions (days). Here we are on another level of banknifty where it can not be determine. If it is gap up then we need to stay calm for Call position. And if wiseversa then don’t be panic about entering in market for put...
