if are not making money in this golden time as a trader then you need to work more harder. if you are a new trader stay away from market. it's beyond your range. just observe.
from the beginning im saying market is beyond technicals just trade based on sentimaents
short @ market opening tom my target 20994
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...
While I am updating this , same time US Markets are down by 7-8% and were trading at lower circuit. Definitely this selling pressure will be pass on to Indian Markets. But good thing is we have a Holiday ahead and many things will depend on Tuesdays global scenarios. But any how Bank Nifty is preparing to touch 24000 levels. Thursday's Expiry below 25000 expected....
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
there are lots of issue in banking sector, so it will take lots of effort to bounce back from support. circumstances are not favour in banknifty.
The trend remains negative for today. So, you can adopt a short strategy in any kind of pullback near its resistance levels.
BANKNIFTY has hit a level of resistance and is expected to fall.
Hello everyone. Well Ban nifty Index is weak since a month ago but world economy has been suffering from corona virus threat. Yesterday downfall in Nifty and Bank nifty is come from corona virus Threat. Market is still bearish and we can see an another downfall today so we need to focus on sell side . There is 2 levels for short. 1st : Sell If Index break...
Short BankNifty if it is unable to give breakout above the green trendline and also closes below 30930 levels.
If BankNifty breaks the trendline with a strong selling volume, then you may witness 30500 levels. However, it may touch 31150 if it gives a breakout above 30930. Moreover, I also found that there is a bearish divergence in 5 and 15-minute charts which may be valid for the first 30 minutes of trading. Being an expiry day, Open Interest also suggests that expiry...
Bank nifty is on channel resistance . There is only sell position can be consider in Intraday . 1st Sell position if Index trade lower then 31190 if you seen any upmove in first session then sell from 31400-31450
This is the second time that banknifty test Harmonic PRZ level and give dot reversal. 31500 is the #Resistance area. Build long above it and short position can consider lower then 31200.
Hello all, Bank Nifty has made a narrow range in last 6 hours of yesterday #trading session same as #nifty does . Long : 31150 Stop loss : 30950 Target : Open Open short lower then 30940 Stop loss : 31150 Target : Open
Hello all, We are accepting a correction yesterday from our harmonic prz levels. It's give around 200 points correction exact from harmonic 1.13 levels but RBI policy changed the market mood and movement . as per behavior wise Bank nifty is still bullish . Consolidate on resistance area is a dangerous sign. Today Range is 31050 to 31490 . We can see an another...