BankNifty breached the channel at 20480 making it bearish, Immediate Support is at 19050 followed by 18700. BankNifty will have a tough time breaking a strong channel at 20350, if it breaches the rally will continue to 21200/21970. IMO, the trade will continue sideways, making buyers/sellers trapped between 19050-19515. Max put options at 19000 Max call options...
#banknifty #options #trading Thursday high was 21,966.65 unable to breach 38.2% retracement of the fall (32,613-16,116). BN has failed to show any strength as compared to nifty even after strong weekly closure. BN Stentiment is breaish in medium term, until we close above 24,365 (50% of 32,613-16,116). The short term pullback will end below 19,766 and will...
Bullish on BankNifty Likely to trade between 21140- 21440, if levels of 21440 breached BankNifty can make a day high of 21840
Good Morning Everyone, Bank nifty is much stronger then nifty because the rally of HDFC bank. it will be continue today? Well we are tech analyst and we trade on confirmations. Yesterday we have made a handsome profit in Intraday. Resistance, support and technical view ======================================== Nifty Major Resistance area is 22060 and it's come...
BankNifty is forming all bullish indicators, and the big W pattern confirms it to test the upper resitance at 21000 soon. Second Stimulus and RBI will take some extreme measure to make liquidity available to deal the current situation, However going as per technical, bullish signals are strong.
Good Morning Everyone, Bank Nifty has given a clear move then Nifty in Yesterday Trading session because of A sharp rally in banking and financial stocks but Question is it continue today ? Resistance, support and technical view ======================================== Bank Nifty i resistance is on 21500 and support is on 19500 also a Harmonic pattern in hourly...
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.
NSE:BANKNIFTY BN H&S pattern got failed today due to the gap up. The price is narrowing down and BN is getting ready for a decisive move. Pivot Zone or No Trade Zone:- <20,094 - 20,048> Above is positive & below in short. Two types of traders are possible:- The analysis is done on a 1-hour time frame and the target might take 3 to 5 days. a) Long:- Long...
Head & Shoulder pattern formation in progress in the 1-hour chart. The pattern is null and void above, 20,335. As per the pattern, we sell below after 1-hour candles closed below 19,390. You can book peofit in green multiple zone (18,777-18,595 / 17,458-17681 & final at 17,165), with SL of 19,990. You should avoid any long in the market until BN crosses...
buy call option for short term and make some bugs
HDFCBANK POSITIONALLY LOOKING GOOD FOR 1025 CMP 929.75 SL 880
Bearish pennant completing the wave suggest levels below 18700 can see a sharp correction near 1600 level.
INSTRUMENT: BANKNIFTY TIMEFRAME: 3 HRS TREND: LONG Expecting BANKNIFTY to give a gap up opening and clear targets of 21183 - 21457 and may sink back. The stochastic and PSAR confirm the same. Chances are that once it clears targets it may remain sideways for some time. Technical analysis of FOREX and INDIAN MARKETS. We are not SEBI REGISTERED ANALYSTS The views...
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 all , #Banknifty is trading on their strongest resistance area. A short term swings can Open here in sell side . Sell : 20100-2066 SL: 21200 Target : 19400/19000/18600/18000
Hello all , Bank Nifty is also bullish in Intraday but a gap down is accepted today . so consider buying from the bottom level is 18600-18700. In case market give an upside move in starting then go buy above the yesterday high which is 19200
Banknifty Revarshal 17500 Tgt 19000
Good Morning Everyone, #BankNifty #Intraday Range is 19623 to 18731 . Writers can be write 18700 PE and 19700 CE 1 April Expiry today . There is 90% chances That both of will be zero and has a good chance to make the awesome profit today. #Futures Traders wait for these levels to break to build your Position in Intraday or wait first 30 minute and setup your...