The FVG has been respected and this implies we are ready to fly. All will depend on the nerves of 49500 straddle writers. What steel their nerves are made of. If they run, Bank nifty runs to 50k. Now 50K is a psycho level and so are the sellers there. Overall I am bullish.
BUY ABOVE - 49480 SL - 49340 TARGETS - 49670,49850,50000 SELL BELOW - 49180 SL - 49340 TARGETS - 49020,48800,48630 NO TRADE ZONE - 49180 to 49480 Previous Day High - 49480 Previous Day Low - 49180 Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the...
Bank Nifty was in a uptrend channel on 3hrs Chart / after good consolidation know Breakdown / Bank Nifty almost 5% down from the peak. if bank nifty behave sideways for a week and invite sellers then uptrend will continue. Market is supreme . Plan your trade as per Behaviour. Only for educational purposes .
Bank Nifty was never bearish the whole time. There is every possibility that 49300 will be protected this week. Every dip in the morning should be seen as a chance to buy calls. Unless some extraordinary selling comes in the market, Bank Nifty should either consolidate or fly. The only negative is the bearish day candle formed yesterday. The top of which will be...
BUY ABOVE - 49480 SL - 49250 TARGETS - 49670,49850,50000 SELL BELOW - 49250 SL - 49480 TARGETS - 49020,48800,48630 NO TRADE ZONE - 49250 to 49480 Previous Day High - 50000 Previous Day Low - 49250 Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the...
Karma Oscillator turns red which confirms the potential movement. Price crosses below the Astra line.
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
BUY ABOVE - 49480 SL - 49250 TARGETS - 49670,49850,50000 SELL BELOW - 49250 SL - 49480 TARGETS - 49020,48800,48630 NO TRADE ZONE - 49250 to 49480 Previous Day High - 49480 Previous Day Low - 48310 Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the...
Bank nifty in in no man's land. The close of tomorrow's candle will give us some level to mark. There seems to be decent absorption at 49580. But how strong these shorters are will be have to be seen tomorrow. Ideally a HANDLE will have to be formed for a healthy up move. Now, how big a handle?
Bank Nifty in fact never turned bearish. Also the sellers who are at 49000 do not seem as strong as the ones at 22800 for Nifty. On the whole, looks like if the market flies to the moon, Bank Nifty could land in Mars.
BUY ABOVE - 48310 SL - 48220 TARGETS - 48400,48500,48630 SELL BELOW - 48120 SL - 48220 TARGETS - 48030,47940,47840 NO TRADE ZONE - 48120 to 48310 Previous Day High - 48630 Previous Day Low - 48120 Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the...
Banknifty closed below earlier supply zone & taken Trendline support so wait for Breakout or rejections at zones Bullish > 48570 Bearish< 48050 All views for Educational Purpose do your own analysis before initiate trades.
BUY ABOVE - 48630 SL - 48500 TARGETS - 48800,48930,49050 SELL BELOW - 48400 SL - 48500 TARGETS - 48310,48220,48120 NO TRADE ZONE - 48400 to 48630 Previous Day High - 48630 Previous Day Low - 47730 Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the...
BUY ABOVE - 48260 SL - 48120 TARGETS - 48400,48510,48670 SELL BELOW - 48120 SL - 48260 TARGETS - 48030,47940,47840 NO TRADE ZONE - 48120 to 48260 Previous Day High - 48260 Previous Day Low - 48030 Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the...
BUY ABOVE - 48120 SL - 47940 TARGETS - 48260,48400,48510 SELL BELOW - 47940 SL - 48120 TARGETS - 47840,47700,47560 NO TRADE ZONE - 47940 to 48120 Previous Day High - 48260 Previous Day Low - 47940 Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the...
BUY ABOVE - 48120 SL - 47950 TARGETS - 48260,48400,48510 SELL BELOW - 47840 SL - 47950 TARGETS - 47700,47560,47400 NO TRADE ZONE - 47840 to 48120 Previous Day High - 48120 Previous Day Low - 47700 Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the...
The real hammer happened in BNF spot. And BNF never crossed over to the bearish territory. It s time to go retest the previous high Unless the Mauritius guys re waiting to sell at a better price.