Ranges are set as per previous data of BankNifty Index and Levels also were given you tube and posting here now. BUY:31050 TG:31180/31300/31370 SL:30920 SELL:30640 TG:30510/30400/30230 SL:30780
Consider watching the video to get the Intraday Levels for 26th of November Buy Above : 31820 sl: 31700 sTarget : Open Sell bellow : 31600 sl : 31700 Target: Open
Go short in bank nifty for target as mentioned in the chart, volatility is there but good to go sell on rise.
Target Hit in sell side
Bank Nifty Live Trading idea for 13th November 2019
Bank Nifty could make a down move to complete the corrective pattern and give RSI divergence, as shown, before the up move. A similar move can be expected in Nifty (as shown in the link).
Bank Nifty presented a very interesting set up on Friday 5th July 2019. WIth higher high but sliding RSI, it shows a bearish setup. For Monday 8th July,'19 unless the 5th July high is taken out, the outlook is bearish with 31000 as next support.
BANKNIFTY IN OVERBOUGHT TERRITORY. SHORT BANKNIFTY FOR TARGET OF 27200 WITH STOP LOSS OF 28000 OR
Negative divergence seen in Bank Nifty Chart - 15 Min and Hourly. If Bank Nifty sustains below 27650, we may see 27560. View negated if RSI breaks the trendline.
Hello Guys, 1) With multiple issues popping on like DHFL 2) no much actions taken after IL & FS 3) more conversions from Debt to Equity like SBI's JetAirways deal 4) Farmers loan waivers Considering these points, PSU's Banks situation is not good so it will look correction. Plotted a H& S targeting to H&S neckline, we can review after the Neckline break. Trade...
EW Analysis : BN is in pullback mode from lows of 24400 and is showing a clear abc pattern on upside. Trend Breakdown : BN breached the up-trend in Sept 2018 which started from Mar 2016 and is now retesting the up-trend support which now becomes resistance for BN. Supertrend Resistance : Any weekly close above 27800 on BN would change the bearish signs...
this chart can understand only the tech person. Please check out the fib golden ratio and Elliot wave theory. Bank Nifty -1.30% is possible in the correction phase and can be dump hard.
Hello all, Tomorrow is weekly expiry so be aware for first 15 minutes after open the market. Please check the resistance and support levels. Regards
Hello all, explained everything that should be our levels and Targets for tomorrow Trade. Guys Please watch the analysis and ask your questions in the comment box.
I published last week about shorting bank nifty at 22800 levels as it was breaking out of a rising channel in the 5M time frame. Now that it has done it and resumed the downtrend, let's look at a slightly broader time frame. Here, 1) Clearly, the H&S pattern forming at the top of a long uptrend is playing out. It breached the neckline briefly yesterday around...
Bank Nifty is about to form a top. It could drop to 20000.
Hi all, Why to short bank nifty ? - 20/50 crossover, long-term trend-line break, price respecting new downward channel. Aggressive traders can short it at the moment with 19930 SL on closing basis. Safe traders can wait for the breakdown of 19250 (intraday or closing) and take support at 19000. Then sell in a retracement of 19200-19250 for a downward target of...