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Trade-Technique
Jul 14, 2019 8:52 AM

BankNifty at support of channel while Nifty is -ve. 

Nifty Bank IndexNSE

Description

  • Banknifty also difficult to understand as wave movements.
  • Price is near the channel support.
  • Smaller positive new can boost banknifty to upward from the value low.


While nifty is weak and Banknifty is positive which indicate the direction is not clear and market waiting for news.

Trade active


I am also going to smaller timeframe to get more confident for the way.

We detected 5 channels in recent created.
After breaking the channel, we have seen a minimum 1000 points move.

We are standing at the ending of the channel, ready for minimum 1000 points move.

Considering this, you will find two Flag Patterns which are indicated by a black line with an arrow. If you observe closely flag-pattern (i) and then you can clearly see a picture of the future if not wrong anything.

Trade closed: target reached

Comments
viky.mat
Can u drop ur no or email id ...on how to reach u, or ur telegram id ... coz dere is no option in ur telegram group to msg u
Trade-Technique
@viky.mat, I am not using telegram generally. I am thinking to make a plan that I can also discuss on another platform too but you cannot believe what I am answering every day more than 200 messages on tradingview. I have uploaded 30min time frame for more clear on banknifty direction.
viky.mat
@Kinnari_Prajapati, i understnd ... but still i would insist you if u can make a whatsapp group or telegram group wherein u can just post ur buying or selling idea on Index or Scrips. That would be gr8 for many Novice like me ...
Trade-Technique
@viky.mat, i have telegram group. Trade_setup
NMfortrade
An Absolute evidential in depth perception . Which components will lead the move , HDFC & ICICI ??
sadhusaheb
Superb analysis, as always - anyway we can have a private conversation? I came up on this very simple vwap strategy & wanted to discuss with you if the same would work on indices.
Trade-Technique
@sadhusaheb, You can send me Private Message and Thanks for appreciating my work.
Prabhuewa
Ur charts r really very informative ...thanks mam.
Trade-Technique
@PrabhakarSingd311c2741a524db1, I am also going to a smaller timeframe to get more confident for the way.
kiranhindusthani
brought 29200 PE @159.50 can i expect actleast 170
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