Nifty future and banknifty future analysis and intraday plan in kannada. This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post. please consult your financial advisor before taking any action. ----Vinaykumar hiremath, CMT
Even though last week was a roller coaster ride and all were bullish , even though with the same government it is hard to go with the bullish sentiment . I would still go with shorting as it has been almost 50% of recovery and now it go can down with much faster pace
Down Trend start, because Banknifty did not closing above previous top or resistance level and it formed Double Top. So we expect market coming down, next Target is Trendline Bottom. And also Nifty 50 did not Breakout the Channel Pattern, Trendline also Breakout, SGX or GIFT also Breakout Trendline. I want to help people to Make Profit all over the World.
The chart provided is of the Nifty Bank Index on the 4-hour timeframe from NSE, created using TradingView. Here is a detailed analysis and summary: Trend and Channel Analysis: 1. Ascending Channel: The chart shows the Nifty Bank Index moving within an ascending channel, bounded by two parallel trend lines. 2. Support and Resistance: The lower trend line acts as...
The chart depicts the 4-hour price movement of the Nifty Bank Index on the NSE. Here is an analysis and summary: Analysis: 1. Possible Double Top: The chart indicates a potential double top pattern around the 49,300 level, which is a bearish reversal signal. 2. Current Price Movement: The price has recently declined from the double-top region, suggesting a...
Hello traders, Checkout the latest analysis on Nifty and BankNifty
Today will be gap up opening in BANKNIFTY. After opening if banknifty sustain above 48050 level then possible upside rally of 400-500 points upto 48450 level in todays session. Any Major downside only expected in case banknifty starts trading below 47950 level.
Possible NZDCAD trade scenario Enter with confirmation on ltf Manage risk if Taken Direct entry on THESE zone 1:2-3 Rr Indicator based SMC approach Follow and like for more setups
NSE:BANKNIFTY Trading Strategy for 15th May, 2024 | Bullish Reversal confirmed. ✅ Breakout from lower end of rising channel at daily chart. ✅ Breakout from Falling wedge patter at 15 min Time Frame Trading Strategy :- ✅ Initiate CE trade if Banknifty crosses and sustains (min 30 mins) above 48000 - 48070 ✅ Target - 48258/48461 ✅ Initiate PE trade if Banknifty...
The Bank Nifty index has finally broken its descending trend and gained support from major levels. This could be a great opportunity for traders looking to invest in Bank Nifty. We have some levels you could check out to help you make your trading decisions.
Bank nifty are we done or more pain remain ? I came across the plotted chart points may be valid for Bank nifty. Your inputs are welcome. Please follow, like, subscribe.
Support and resistance of bank nifty for 09/05/2024 .
Trading Plan 1. Daily Bias - Bearish 2. Dealing Range - Price at discount 3. PD arrays - Doji followed by FVG (Sell side Inefficiency) at Supply (48500) 4. Liquidity - Both Sell side and buy side available. 5. Draw on Liquidity - Previous day Low Concept Applied : Power of Three - AMD A - Accumulation M - Manipulation D - Distribution As the daily bias is...
Please note : Bank nifty has given cup and handle pattern breakout. There is a high probability that 53300 level can be achieved. Subject to 48000 level is not broken. DISCLAIMER : THIS IS FOR EDUCTIONAL PURPOSE ONLY
Today will be gap up opening in BANKNIFTY. After opening if banknifty sustain above 47550 level then possible upside rally of 400-500 points upto 47950 level & this rally can extend another 400 points if market gives breakout 48050 level in todays session.Any Major downside only expected in case banknifty starts trading below 47450 level to 47050 level.
Today will be gap down opening in BANKNIFTY. After opening if banknifty start trading below 46950 level then possible downside rally of 400-500 points upto 46550 Level & this rally can can extend another 400 points if market gives breakdown 46450 level in todays session.Any Major upside only expected in case banknifty starts trading above 47050 level to 47450 level.
Pair : Bank Nifty Description : Impulse Correction Bullish Channel as an Corrective Pattern in Short Time Frame Break of Structure RSI - Divergence Completed " 12345 " Impulsive Waves