Open AT THE RANGE OF 200 POINT FROM CLOSING If Banknifty gives break down 39390 level then it will fall upto 150-160 point so take trade when banknifty show break down STOPLOSS 50-60 RUPEES TARGET INTACT IN CHART
Analysis of Nifty and Banknifty after the latter rejected the 40k psychological level.
The market is at a crucial point now. What's next? Here are my thoughts...
SBI has a breakout as shown on the charts. As suggested in the previous linked post, my bias was long SBI and this could be a good time to add to position. If price comeback and closes back into the channel, we look to close short term trades. Positional investors can hold and look for further price changes
Strong resistance was placed around 470 in SBIN which was tested thrice but failed. Ascending triangle pattern was formed on daily chart and the resistance level was finally broken now. Investors can buy at any levels. Traders can wait for a pullback and enter.
My analysis of Nifty, Banknifty and the important stocks of the Indian markets.
SBI ready for fresh breakout as per technical possible small correction and after ready for breakout keep eye for upcoming day possible to give good gain before Result. For Live call & Stock query Follow Equity advance prediction
Despite testing 18k levels, Nifty tumbled 100+ points from its highs. TCS was an easy scapegoat, but there were more reasons!
SBIN - Buy We would see an uptrend - Buy for Intraday or HOLD
My view on Nifty, Banknifty and the top stocks along with a couple of stock picks
Nifty has formed a morning star. Price appears to have bounced from 20MA. Do you think the momentum will build up?
SBIN buy above 442 Target 466 sl 433 NIFTY BANKNIFTY
Bank nifty looks weeker today on 24-sep it almost consolidate after a gap up and it will taking a support a level specified . After break that level short banknifty and trail profit after first target. Stop loss maintain 60-80 rupees Target are described
Taking support from 30min 44sma at bottom of triangle /trendline Bank nifty seesms breaking out SBIN is in uptrend 15min RSI taken multiple support at 40
My view on nifty, banknifty, the top stocks and my swing/positional trades.
Currently Daily Elliot studies indicate that Some sort of 4th main sideways wave is in progress now. 3rd sub wave and 5th sub wave of main 3rd wave are already over. (As indicated by 2 MaCD peaks with a bearish divergence seen between 3 and 5 peaks on MACD). Note - Just an amateur trader . this article is purely for study and research purposes. Target T1 - 415 T2 405
Today SBIN gave breakout of a Flag pattern with high volumes! Target - 560 Time - 2 months