NSE:CNXPSUBANK entered into the supply zone with a positive bias. Longs can hedge with call short.
NSE:CANBK is sustaining about its resistance levels & is in uptrend currently. One can use these levels of reference for trading.
Banknifty the next levels to watch are a potential hold of the 20800 areas for a move to test upto 20350 and 20500. Hold below 20800 we will see a potential rotation back. potential trade long futures with stops below hold of 20800 SELL 20500PE at 110 with stops above 150
BANK NIFTY ANALYSIS 21ST MAY 2020
BANK NIFTY 20TH MAY 2020 ANALYSIS
We are doing Analysis of SBIN on 1 Hour Timeframe. The projected target from the breakout is usually the vertical distance from the high to the bottom . Note: This is only for Educational Purpose this is not an Investment advice. Please support the setup with your likes, comments and by following on Trading View. Thankyou Ankur Verma Twitter : Ankurverma3838
We are doing Analysis of TCS on 1 Hour Timeframe. The projected target from the breakout is usually the vertical distance from the high to the bottom . Note: This is only for Educational Purpose this is not an Investment advice. Please support the setup with your likes, comments and by following on Trading View. Thankyou Ankur Verma Twitter : Ankurverma3838
Key Levels are shared in the charts for the bank Nifty as per static data, which levels become important will be determined by dynamic option chain data in the week. #Banknifty #Nifty
India Bank Nifty Index looks to be at Good buy spot . Bank Nifty has been underperforming compared to Nifty.. as long as down trend support line is held. The support line is around 19000.. i am expecting 10 to 20% rally in May 2020.. We need to have strict stop loss around 18900 to 19000.. and exit if broken due to any reason.
nifty as can be seen in chart hurdle at 11350/11450 zone while support at 11050/11150 zone always pay attention to open = high candles and vice-versa
Guys check out this video on how to use our scalping indicator and make money
Nice and easy trade after RBI Police announcement,, Trade Safe trade for profit!!
Nice profits.. Sell at high and cover at low