BankNifty has been trading within a 400-point range since Monday, Tuesday, and Wednesday, sustaining near its all-time high (ATH). If BankNifty crosses above 54,200 on Thursday and holds above that level for at least 15 minutes, our first target will be 54,400, and the second target will be 54,600. This is for educational purposes only. We are not SEBI registered.
BankNifty Index Short Sell Sell BankNifty if it crosses below 52,400. The expected target price is 52,200.
Banknifty Index appears bearish. It is facing resistance with a weak upside. The RSI is overbought, and there is a divergence on the 15-minute timeframe, indicating price divergence. The expected downside target for Banknifty is 51,900.
The BankNifty index is showing a cup and handle pattern on a small timeframe. This is for educational purposes.
Bharat Heavy Electricals Limited (BHEL) I am seeing short-term bullish potential in BHEL. This is for educational purposes only.
Bharat Electronics Limited (BEL) I am seeing short-term bullish potential in BEL. This is for educational purposes only.
Banknifty Index I am seeing a short-term bearish view on the Banknifty Index. On Friday, the index broke down and closed below the support area. This is for educational purposes only.
Liberty Shoe Stock I am seeing a short-term bullish view on this stock, with the price sustaining above the previous resistance level. This is for educational purposes only.