I have explained price action of banknifty on hourly chart. How banknifty can move further near future. Like, share and follw Thanks
During the day we have seen 900 points recovery from bottom and 348 points above closing from previous closing. This sharp rally is a sign of strength Trading setup Buy above 36660 target 1 - 36820 Target 2 - 36950 Sell below 36300 Target 1 - 36180 target 2 - 36040
Reliance is strong today and because of reliance nifty is holding 17000 mark. Breaking below 17000 and some profit booking in reliance will trigger fresh sell off.
Banknifty price action suggesting sideways to bullish move for the day. Intraday resistance is placed at 36000 Intraday support is placed at 35700 Trade setup Buy above 36120 Target 36250, 36320 Sell below 35700 Target 35550 Sustaining below 35450 Target 35200.
Nifty is opening flat. Interaday support is placed at 17180 Intraday support is placed at 17070 There are 2 unfilled gap you can spot ob the chart Trade setup Breaking above 17180 Target 17280 Breaking below 17080 Target 16990
Delta corp is near breakout level. The stick is in consolidation from long time and it is trading near resistance with good volume. Traders can trade this breakout.
The kashmir file going great and next blockbuster movie RRR will be on big screen very soon. Today volume is good and we can see new high near future.
There us a unfilled gap you can see in the chart. Based on previous gap, sooner or later all gap fill. Intraday sell will trigger below 17250
In last 2 previous sessions there was huge gap up and it was total 1500 points move in just two days. Based on above chart resistance is placed at 36700 followed by 37000 When banknifty will close above 37000 resistance further up move will open. On the flip side 35880 will act as a support. Breaking below 38500 we can see 35080 level near future. How to...
On hourly time frame raising wedge pattern is clearly visible and trading below 16840 will activate this pattern. Sell below 16840 Target - 16670 Buy above 17040 Target - 17222 Like Share Follow for more charts #nifty #niftyexpiry
This is detailed chart of banknifty. Immediate support is placed at 35440. Immediate resistance is placed at 35800. Buy above resistance, sell below support. Based on price action one can buy near support and sell near resistance A reversal candle will be helpful to initiate trade. #banknifty #bankniftyexpiry
THis is hourly chart of ICICI Bank sustaining above 710 will succeed this breakout and target will be 740
In previous session banknifty made a shooting star candle near resistance and corrected 850 points from top. I have mentioned all the intraday levels in the chart itself. Go through it and share with your friends. Trading setup explanation Buy above 35200 Target - 34430, 34636 Sell below 34700 Target - 34500, 34330 Like and follow if you are learning from...
You can spot shooting star candle at top. This is the most profitable candle I have ever traded. You need to sell below shooting star and stoploss need to place just above the candle.
Strong traction have been seen in Nifty and on daily chart you can see it is trading above 16800 resistance Next target is 17040 . Closing above 17000 will attract fresh buying and target will be 17200.
Banknifty is about to breakout above 35018 Nifty has already breaking out
Buy above 34630 Target 1 - 34750 Target 2 - 34880 Sell below 34450 Target 1 - 34300 Target 2 - 34150 Target 3 - 34000