Go short in bank nifty for target as mentioned in the chart, volatility is there but good to go sell on rise.
Assuming the fast slide on bank nifty over the past couple of weeks to be the primary trend, I conclude this to be a slower retracement towards 61.8 percent of fibs, a buy from the given levels would be recommended; with an aggressive stop at the red mark
NIFTY Bank Index is comprised of the most liquid and large capitalised Indian Banking stocks. It provides investors and market intermediaries with a benchmark that captures the capital market performance of Indian Banks. Nifty Bank has been rallying for weeks breaking all time highs at 28400 a few weeks ago. There is a very strong weekly demand imbalance created...
Negative divergence seen in Bank Nifty Chart - 15 Min and Hourly. If Bank Nifty sustains below 27650, we may see 27560. View negated if RSI breaks the trendline.
BANK NIFTY VIEW FOR 29 JAN 2018 BUY ABOVE THIS GREEN LINE , ONLY IF CANDLE TRADED ABOVE WITHOUT TOUCHING THIS LINE SELL BELOW THIS RED LINE , ONLY IF CANDLE TRADED BELOW WITHOUT TOUCHING THIS LINE Trade Option With Technical Levels. We Teach & Train You Most Successful Option Trading Strategies with Theoretical & Technical Knowledge.. We Guarantee For Your...
Explained everything on the chart.