As per pitchfork analysis as shown in the figure market has closed above successfully the parallel lines. All lines of pitchfork will act as support and resistance. Since today close is a green doji but still we need to wait for a confirmation which will come only if we close above 49094 (Banknifty futures) . If we close above that level we are confirmed to upside...
BANKNIFTY closed above va 1. gapup 49100 long after retracement 2. 49000-48900 trade breakout 3. gapdown 48900 short till 48800
How bulls behave at expiry remains to be seen. Uncertainty as Spot has broken out but future has not.
Nifty future and banknifty future analysis and intraday plan in kannada. This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post. please consult your financial advisor before taking any action. ----Vinaykumar hiremath, CMT
BANKNIFTY closed below va 1. gapup 48850 long till 49000 2. 48850-48600 trade reversal 3. gapdown 48600 short till 48450
At least Bank Nifty is listening to me. It did stop indeed. Now let us see how bullish the bullish of bulls are on Indian Banks and their short-term growth prospects. No one is accumulating HDFC at least as expected. Fresh buyers have to come in and buy some banks take it higher.
Nifty future and banknifty future analysis and intraday plan in kannada. This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post. please consult your financial advisor before taking any action. ----Vinaykumar hiremath, CMT
BANKNIFTY closed inside va 1. gapup 48850 wait for retracement for fresh longs 2. 48850-48600 trade reversal 3. gapdown 48600 short till 48450
Next stop will be crucial for Bank Nifty. Momentum has to sustain, if not there will be profit booking at this level.
Nifty future and banknifty future analysis and intraday plan in kannada. This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post. please consult your financial advisor before taking any action. ----Vinaykumar hiremath, CMT
Bank nifty future looks good.thus is only for educational purpose.
BANKNIFTY closed above va 1. gapup 48800 wait for retracement for longs 2. 48800-48450 trade reversal 3. gapdown 48450 look for longs
Bank Nifty Fut could retest 47300 levels before the next leg of up move. But if it breaks today's high with strength and sustains above it with a full bodied day candle, then the narrative flips and I am a bull.
Nifty future and banknifty future analysis and intraday plan in kannada. This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post. please consult your financial advisor before taking any action. ----Vinaykumar hiremath, CMT
BANKNIFTY closed inside va 1. gapup 48400 wait for retracement for fresh long 2. 48400-48000 trade revesal 3. gapdown 48000 short
Nifty future and banknifty future analysis and intraday plan in kannada. This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post. please consult your financial advisor before taking any action. ----Vinaykumar hiremath, CMT
BANKNIFTY closed inside va 1. gapup 48050 long 2. 48000-47850 trade breakout 3. gapdown 47850 short till 47650
Buy a BankNifty CE...47800 CE @18...Max loss will be less thena 300 RS....But if mkts shoot up further breaking a triangle ..one will get good profits...this is ofcourse a gample with peanuts online...Also long term ,,mid and intra are all pointing up...so there