5 Step Analysis of Bandhan Bank
1. On Daily TF Stock has break the trendline which was reacted as support line and sustained from July 2022
2. Stock Momentum very weak on Daily weekly & Monthly timeframe
3. Stock break the 20DMA from last week and still stock traded below 20MA
4. Stock today traded at lower low
5. If Price break the185 level and give closing at...
5 Step Analysis
1. M&M Finance on Daily TF wee can see the stock has broke the trendline with high volume
2. Short & Medium Term Momentum going weak
3. From last couple of days stock made Evening star Pattern which indicates further downtrend
4. Stock has made on Daily TF Rising wedge Bearish pattern formation which is bearish signal for stock
5. Coming week we...
5 Steps Analysis of Bank Nifty
1. Daily TF Bank nifty Traded below trendline
2. From last 3 days made Doji & Shooting Star With high volume
3. Momentum on daily & weekly TF going weak
4. Currently Bears are control on market , FII Selling continuously
5. Bank Nifty 39200 level on Daily TF is strong support if it break on next week & give closing below 39200 then...
Nifty on Daily TF we can see that taking support on trendline. Nifty has a Major Resistance is 17220, From last couple of days nifty did not broken the resistance level & give closing at support of trendline. Yesterday Nifty made Shooting Star Candle & today break the yesterday's low with both day high volume. Which confirm that further downside we can see at...
