The market went sideways after hitting an ATH. Currently, the market is in the range of 43800 - 44500 a 700 points range. There is a good support zone around the 43800 and 43450 range. Any closing above 44500 can be seen as a fresh breakout.
Hello and welcome to this analysis
Bank Nifty has activated a Bearish Harmonic Bat in daily time frame.
The anticipated retracement levels are 38-50-62% of the upmove. The view would be negated if it sustains above 41530.
As per Ichimoku Time and Wave Theory also we have a turn date activated. Until it sustains below 41530 it would remain weak. In case it...
Nifty Bank option strategies tomorrow 19.9.22
Nifty Bank 15 min chart recovery from day low
tomorrow positive sentiment may be open in green.
next week RBI meeting is there
Banknifty following rising channel om daily-weekly-monthly time frame .. holding support of rising trendline and facing resistance or upper trend line..
will it rebound to test upper trend line or break down and test median zone of multitimeframe?
NSE:BANKNIFTY1!
Long-term Bias (Weekly): Neutral
Medium-term Bias (Daily): Neutral
Short-term Bias (195 Min): Bearish
At one stage in wanted to say "comprise" though I said "Compromise" please do not mind.
I explained is more in the video than typing here.
Hopefully this analysis make some sense for you.
Thanks,
Yogesh
NSE:BANKNIFTY1!
Long-term Bias (Weekly): Bullish
Medium-term Bias (Daily): Bullish
Short-term Bias (195 Min): Bullish
-- Generic lines below -- :)
I explained is more in the video than typing here.
Hopefully this analysis make some sense for you.
Thanks,
Yogesh
BANKNIFTY1!
Long-term Bias (Weekly): Bullish
Medium-term Bias (Daily): Bullish
Short-term Bias (195 Min): Bullish
-- Generic lines below -- :)
I explained is more in the video than typing here.
Hopefully this analysis make some sense for you.
Thanks,
Yogesh
BANKNIFTY1!
Long-term Bias (Weekly): Bullish
Medium-term Bias (Daily): Bullish
Short-term Bias (195 Min): Neutral
I forgot TV allows only 20 min videos, but most of my thoughts are covered in the video. I am being cautious on banknifty.
-- Generic lines below -- :)
I explained is more in the video than typing here.
Hopefully this analysis make some sense for...
BANKNIFTY1!
Long-term Bias (Weekly): Bullish
Medium-term Bias (Daily): Bullish
Short-term Bias (195 Min): Bullish
-- Generic lines below -- :)
I explained is more in the video than typing here.
Hopefully this analysis make some sense for you.
Thanks,
Yogesh
BANKNIFTY1!
Long-term Bias (Weekly): Bullish
Medium-term Bias (Daily): Bullish
Short-term Bias (195 Min): Bullish
-- Generic lines below -- :)
I explained is more in the video than typing here.
Hopefully this analysis make some sense for you.
Thanks,
Yogesh
BANKNIFTY1!
Long-term Bias (Weekly): Bullish
Medium-term Bias (Daily): Bullish
Short-term Bias (195 Min): Neutral (resistance worked)
After sharp short covering rallies and good pull back seen. Shaking out some bullish sentiment. So now neutral view is been maintained. Though I am of bullish view until the highlighted levels that i have mentioned in the analysis...
BANKNIFTY1!
Long-term Bias (Weekly): Bullish
Medium-term Bias (Daily): Bullish
Short-term Bias (195 Min): Neutral to bullish (Near resistance)
After sharp short covering rallies and shallow retracement & then Bank Nifty jumped sharply. So upward direction is likely to continue. I am of bullish view until the highlighted levels that i have mentioned in the...
Long-term Bias (Weekly): Bullish
Medium-term Bias (Daily): Bullish
Short-term Bias (195 Min): Neutral to bullish (Near resistance)
After sharp short covering rallies and shallow retracement Bank Nifty jumped sharply. So upward direction is likely to continue. I am of bullish view until the highlighted levels that i have mentioned in the analysis are taken out...
Long-term Bias (Weekly): Bullish
Medium-term Bias (Daily): Bullish
Short-term Bias (195 Min): Neutral
After sharp short covering rallies Bank Nifty is in mark down phase which is again shallow markdown phase. This is as if market still not decided to go on either direction. I am of bullish view until the highlighted levels that are mentioned in the analysis are...
Long-term Bias (Weekly): Bullish
Medium-term Bias (Daily): Bullish
Short-term Bias (195 Min): Neutral
Bank Nifty has been consolidating and now bouncing from the support now which suggests bullishness. Hence I am bullish until the highlighted levels are mentioned in the analysis are taken out :)
I explained is more in the video than typing here
Hopefully this...
Long-term Bias (Weekly): Bullish
Medium-term Bias (Daily): Bullish
Short-term Bias (195 Min): Neutral
Bank Nifty has been consolidating at the support now which was earlier resistance, and bullish bias is based on price action. At it is taking support at earlier resistance which was hit 5 times before it was broke this should act as strong support. Hence I am...
