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.
Banknifty - MSS - if breaks below - small retracement/correction will begin.
EXIDEIND - BUY above 218 good for short-term investment.
M_MFIN - if breaks above its resistance of 310 and sustains then a Big Bull move will be expected for the short term.
#BANKNIFTY - CUR n Handle formation - if breaks above it then Good BULL Move expected for next 3-4 months.
BRITANNIA - BUY Setup initiated, should be BUY above it's High breaking,
you can use 6 EMA in 1 indicator - choose what EMA you want and customize it.
SBILIFE - BUY for Short Term - Targets 970 and 990; BUY Above - 950;
McDowell (United Sprits) - Shorting Opportunity
On Monday if NIFTY opens below given range then it will be a short selling opportunity. sl- 11380, for enter in it should not open above SL levels on monday.
MARUTI - short from current level; as 200 H-DMA breaks and Sales growth also decreases. target marked below.