==> Possible uptrend till the gap is filled ==> Afterwards the can be a downward trend
LAST 20 YEAR DATA OF BANK NIFTY
If you pay a little attention on the charts, there's clear bearish divergence here on BNF! And that huge gap up open, it's screaming out loud "Buyers Trap", just if you pay clear attention!!! Sell as soon as it breaks yesterday's low's. By sell i am talking about selling options, not futures!!! Sell those around 23K mark for a little safety. It's coming...
BANKNIFTY - We had for long marked the range of 21300-550 as a key range for the legs up or legs down, we tested back that range in the fall yesterday and there was enough pace to suggest a potential continuation. Hold below the areas of 21330 ( Trend Decider ) We are looking to test areas of 21050/ 20650 areas.
Support 21829 Resistance 22502 Yesterday, call given to buy Reliance 2080 CE around 18-20 for target 40, achieved. to stay updated follow and message to connect.
On 29th of June, i gave a trading idea which has been activated today! See Related Idea! What's interesting is the confluence of Pitchfork Breakout and my redline? Isn't it? Expect a large fall, whatsoever people tell you from here!!! Trade at your own risk! For Educational Purposes Only!
Support 22201 Resistance 22715 Yesterday call given to buy 23500 CE around 220, booked loss today. Overall Profit after considering today's loss is 300-400 Points. To get live updates on Levels, follow or message.
If the trend line break, we can expect a huge fall.
Good Morning all, We had seen an awesome move in Yesterday Trading session because for the rumor that Government is going to announce 1.5 lac crore relief package for Banking sectors. Well time will be tell that this news is a rumor or a real news. Nut one this is confirmed that yesterday really was based on sentiment not on the technical analysis. Bounce is...
Good Morning Everyone, Bank Nifty is still weak and volatile in Intraday. Hope you guys has did good in Expiry and made some good breads in Intraday. Technical View =================== Index trading in a range and this range will be decide that where our Bank nifty trade will be trade in next week. Upside level is 18,200 and lower side level is...
Hello everyone, Bank Nifty key Resistance is on 20880 as per our harmonic Prz (potential reversal zone ) levels and support is on 19065.. Trade setup ============= Build a long position above 20400 sl is 20000 closing basis . Short position is lower then 19800 with same sl 20000 Good Luck and Happy Trading.
Hello everyone, Bank Nifty is a white elephant in Indian stock market because for their volatile nature and everyone want to get ride on it but you guys need to remember this is not an easy task :P We have seen a 1200+ points down move in yesterday from the top ( 20178) . Short Position ======================= Key Support is on 18650 and this level is so...
For the last two trading session, Bank Nifty has been trading range bound. Following Technical analysis provides a better idea to how BANK NIFTY can trade on 15/04/2020 i.e. which depends on several factors like: 1. Adverse affect of the extension of the LOCKDOWN in the countries. 2. How the market across the world behaves. 3. Any financial packages announced by...
Hello Fellow Traders, I have created a trading strategy on BankNifty based on Market Internals - Advance/Decline Volume and TICK These Market Internals, also known as Breadth Tools helps in identifying the overall market sentiment. Just doing some technical analysis on Price action doesn't provide good results. Price action along with Volume gives a meaningful...
Watch out for upper levels.......going short on break of mentioned level will be a good idea.....respect risk
hi, First happy to all of you... We had seen a massive blood bath from couple of weeks and main question is when it will gonna to stop and where is the bottom of index, Well Index is currently trading on Harmonic PRZ. Did take a bounce from here in last trading session but remember harmonic predict only swings . Harmonic prz not a signal for trend change. we will...
Long @28377 Target 1> 30703 Target 2> 32505 Sell @ 27160 Target 1 >26000 Target 2 > 25150 My personal view Corona threat can bring market fall but every fall from now I will be buying index Rsi in oversold zone Macd in bullish zone