On 15 min charts bank nifty formed flag pattern after sharp sell in morning. So we can trade after breakout or breakdown. So go long when 42500 sustain in 15 min chart. Go short as soon it break 42300 level. So trade with sl
On hourly charts, Bank nifty forms descending triangle pattern after sharp rally. Descending triangle which is basically back to back lower highs but not followed by lower lows; lows are almost same. In bank nifty lows are near 41750 level. So by pattern bank nifty should take support on this zone and move upside upto 42800 (as crucial resistance ). Also 42600...
On hourly timeframe bank nifty took resistance near 42700 level. Bank nifty try to break level of 42700 more than 5 times so its prove to be a good resistance. So we can sell from below 42500 level till target of 42000. But for this a hour candle has to close below 42500, if closes we can sell. If bank nifty not able to close below 42500 then we can expect a...
On daily charts, Dabur took support near 540 level which a good support zone from past 1 year. Whenever it comes near this range either it goes sharp up or down. So we its look good for long trade because of following reasons.... 1. It took support on support zone and also there is trendline from down which acts as a good dynamic support. 2. BY Fibonacci levels...