Hello Guys, Good Morning everyone, According to the data today market is going to open gap down After A gap down opening if Banknifty sustains Above 46500 and takes Support from 46500 then open target for T1-46700, T2-46800,T3-47000 If the Banknifty gap down opening sustains Below 46400 and takes resistance below 46400 then the open Targets for T1-46300,...
Nifty bank Uptrend Start . Some correction are Expected . Target - 48290 Expected - 1200 points
Bank nifty index is showing strong bearish pressure after the liquidity grab above 47200. price tested the demand zones on bottom side and now facing resistance at trendline. we have a chance of inverse head and shoulder pattern, to test the ATH levels. If consolidation happen above neckline will have a chance of testing the ATH is more.
BUY ABOVE - 47080 SL - 46900 TARGETS - 47200,47360,47600 SELL BELOW - 46700 SL - 46900 TARGETS - 46450,46300,46100 NO TRADE ZONE - 46700 to 47080 Previous Day High - 47200 Previous Day Low - 46700 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...
Hello Guys, Good Morning everyone, According to the data today market is going to open flat After A gap flat opening if Banknifty sustains Above 47200 and takes Support from 47200 then open target for T1-47300, T2-47400,T3-47600 If the Banknifty flat opening sustains Below 46800 and takes resistance below 46800 then the open Targets for T1-46700,...
Hourly chart shows M pattern breakout. Initially i though it is head and shoulder but instead it formed M pattern and trend indicates downward movement. (posted in my previous post). Right now, on Daily chart it looks it didn't proceed with W pattern. BankNifty has trapped CE buyers who would have thought that it'll fill the gap upper side. Some downnside movement...
BANKNIFTY Index is showing bearish pressure after the liquidity grab above 47200 levels, tomorrow we have a chance of price trading in a channel and likely to test the demand zones at 46500 levels... these two possible cases may happens :: Case1::Rally base Rally A strong rise is observed from the demand zone at 46500 levels, by creating a bearish channel price...
BUY - 22250 SL - 22170 TARGETS -22300,22350,22400 SELL - 22170 SL - 22250 TARGETS - 22120,22070,22020 NO TRADE ZONE - 22170 to 22250 Previous Day High - 22250 Previous Day Low - 21890 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 support/resistance, it...
Banknifty looks like going down with Head and shoulder pattern. Its an hourly chart and provided clear indication on whats happening in banknifty.
Banknifty - Uptrend Weekly correction completed Wait for Day Candle close above black line . Entry - 46600 Target - 48290 Sl - 44400
Double Bottom is Observed...A Strong reversal is observed from support levels @44400 levels. A lot of liquidity is lies above the 47200 levels. A Continuous move is identified in Banknifty index, after the liquidity grab on topside above 47200 levels, we have a chance of fall back. on top side we have a trendline as well. keep safe in this area of resistance zone...
Banknifty Index created a inverse Head and Shoulders pattern... price broken the neckline strongly...and retested. on topside clearly resistance is at 46200 and 46500-46550 levels... keep in long side until price is above the neckline... no short side until price breaks the below ...after breaks below the neckline will think of short side for liquidity grab below...
Pair : Bank Nifty Description : Completed " 1234 " Impulsive Waves Symmetrical Triangle as an Corrective Pattern in Short Time Frame Break of Structure RSI - Divergence Rejection from Daily Demand Zone
BUY ABOVE - 45570 SL - 45450 TARGETS - 45730,46010,46200 SELL BELOW - 45330 SL - 45470 TARGETS - 45150,44950,44740 NO TRADE ZONE - 45330 to 45730 Previous Day High - 45730 Previous Day Low - 44740 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 has broken the trendline strongly... if price retest then will go for long side... but on bottom side we are still pending with liquidity below the support levels... keep looking for long side after clearing the liquidity done.
www.tradingview.com Please have a look at the weekly levels of BankNIfty for your reference. Currently there are push from low but under range of 44200 to 46300/ Breaking either side will confirm the rally.
helolow everyone banknift is 43900 below selling start asper myview othervise 43950 is important support if market take this level support market reach 52000