#TATAMOTORS - Accumulation around 785. Can Enter 50% of your desired Qty.
#BANKNIFTY - BULL probability Banknifty - if Bull candle closes above channel and get follow through then BULL market probability is Higher.
BankNifty is on the Channel Bottom if it breaks below channel and get Follow through then probable next target is around 50% fib level. which was the previous major support. Marked the Blue line represents the center of 61% and 50% Mid level. it probably take 1 bounce back on this level.
Banknifty Major retracement shows the near term targets around 49800 to 50000 Zone which will take a Pause in Fall or seems a Bounce Back Zone OR may be a Reversal Zone. it depends on the Next move after breach into this zone. But now it shows These are the Major zone for now..!
NIFTY - Dot to Dot Levels - These levels are for Intraday / Swing purpose and valid till coming Monday. i.e.- 9th SEPT 2024 👆🏻
*Banknifty - Dot to Dot Levels - Guys kindly observe it works very perfect.* These levels are for Intraday / Swing purpose and valid till coming Monday. i.e.- 9th SEPT 2024
Banknifty - consolidate from about past 1 month, now if correction happens as Today is Budget Day, then it will again Re-test and then fall further. However, if it Breaks positively then it also expected to Break with Big BULL Candle then again Re-test and Rise further. Now it's Patient Time and wait and watch where it breaks, current major indicators shows it...
It might New ERA for BEARS..! Guys - the CANDLE on daily chart seems to be HORRIBLE if is NOT recover from channel bottom. BE aware..!
Banknifty - forms another Channel Banknifty breaks - Main channel and close below it, but at the same time it forms another small channel and bounces on both ends. now Major levels are - around 48000 upper side and 47300 on a lower side. if it breaks and sustains then we can enter in Tomorrow's Trading session.
Banknifty Make or Break if channel Break then next reversal will be around 46240 levels. and if taken support on channel then next session will close Bullish.
Banknifty seems to be comes down till 47965 if #BankNifty comes DOWN from current Level then - 47965 will be a probable Reversal level After confirmation can Enter to BUY
Banknifty - It shows that it taken out liquidity from Major Resistences on a GAP and 60 RSI on DAILY as well as WEEKLY Chart. if it not Close above GAP with BULLISH Candle we only check for Bearish Trades.
Banknifty Make or Break Situation. around 47980 to 48080 - is the one of MAJOR Retracement Zone. where possible Trend takes a Pause or Reversal, and if it Breaks above it with a BULLISH Candle then Banknifty will be again in a MAJOR BULL REVERSAL TREND. so, keep watch these levels carefully.
#Banknifty - if it sustains (candle closes) above the Middle line i.e. plot with 0.5% then this is one of the Turning points for Banknifty.
#BANKNIFTY - Bearish continues In our earlier post, we mentioned the downside targets of Banknifty which Hit, Now we expect a further Downfall in Banknifty and targets are around 43400 to 43800.
#Banknifty Bearish movement expected where I plotted some zones on the Banknifty Daily chart. it shows the probable Down side movement of Banknifty. let's see next what will happen.
#BANKNIFTY - will remain Bearish until it does not Break and sustain above 48900. Downside Targets are expected to be - 45500 to 45200.
BANKNIFTY BULLISH till - 45700 Banknifty forms a Bullish candle on a Daily closing basis. Broken above CHoChH and formed a Bullish FVG. It is highly recommended once it breaks above its last High of the Daily candle. It will go Up till around 45700.