BANK NIFTY INTRADAY AND BTST VIEW
Bank nifty create bullish diversion on 30 min TF and we may look some upward movement in upcoming days.
Bank nifty has taken strong support at 22870 Levels and make Exaggerated Bullish Diversion. Let's See if I have predicted correct or not.
Looks Banknifty will move down in coming days till 22400 which is next support zone. don't aggressively create Long or Short position.
BE CAUTIOUS. LOOKS MOVES DOWN TREND IN NEXT WEEK.
Possible NIFTY BANK towards the bearish side forming a trend continuation rising wedge. Breakdown is the confirmation.
Good Morning friends, We had seen a lot of up and down move in the index. The index is trading on the dynamic channel support which has taken from an uptrend channel. The index will test 20900 if 21600 breaks. This is a very important point for trend reversal and confirmation comes lower than 20900. the first Index needs to sustain lower than 21600 then 20900. ...
Good Morning sir's Bank Nifty Index does not move a lot in June and July month since Nifty 50 was making higher high which was a clear sign of banking sector weakness. For the August series, there is 2 Very Important Level in Bank Nifty Index. 21600 to 21700 is the resistance of this range and 20940 to 20900 is the support area. Breakout or Breakdown will decide...
Head and Shoulder Pattern.. Bearishness might be seen soon Follow us and Stay alert always...
Good Morning friends, We had seen lot of up and down move in the index. The index is trading on the dynamic resistance which has taken from an uptrend channel. The index will test 24,000 if the current resistance breakout. Stop Trading against the trend. The index is still bullish and there is lot of chances to test 24,000 Level. Trade setup =============== Buy:...
Note: This is for educational purpose only. There seems to be a build up near resistance of the channel in BankNifty. Not sure if this is accumulation or distribution. RSI is above 60 which indicates bullish strength. However, further up move can be seen on breaking the channel.
NSE:BANKNIFTY is about to give a bullish breakout. Get your ammunition ready.
Hello Everyone! Market is in trending zone . there can be pullback to 920-950 . Resistance zone at 1150-1200 zone . positonal target for 1175 RSI showing good strength . Please like idea and share your feedback
Hey everyone, Recently a lot of question has asked from our subscriber that we do not understand the chart and I would like to say only one thing that if you guys do not understand the chart than how can you trade. Do not trade blindly see the idea and analyze that what is logic behind of the Idea. We had seen lot of up and down move since May month. Index move...
Good Morning friends, Yesterday we have seen a major downfall from the opening price and Index has given a good move in the downside. Our Trade setup was a 15-minute candle high and low and it's helped us a lot in yesterday's trading session and we made good money there but Index is still bullish and can be traveled 21,980 to 22,890. This 1000 Point range is the...