ChartsSpecialist

BANKNIFTY : levels for 3rd Jan

ChartsSpecialist Updated   
NSE:BANKNIFTY   Nifty Bank Index
Comment:
1st Jan : Hold near flip zone last week. now it should hold and go up next week back to resistance zone.

3rd Jan : As mentioned on 1st Jan it should go up and its creating HH HL pattern in 15m chart. also it can be seen in 1H chart. As per our study earlier Banknifty trading under Bull zone so bull have power here. Let follow price actions in 15 min for today's trade.


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Comment:
Again near support zone. If break HIGH of this candle, we can see good movement.
Comment:
200 Point movement in Bank Nifty after msg posted yesterday. I hope you enjoyed rally. Now again near resistance so keep eye on Candle formation of 1H. if its bullish candle its good time to enter with small SL.

Study at your end before entering in any trade
Comment:
As mentioned last time, it was near resistance and formation on 1H candle to check as it was important. it was bearish candle and we have see fall for 2 days.
Comment:
Its exactly reversed from trendline support. Market is in no trade zone for me untill it cross yellow lines from chart or break trendline support.

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