nifty looks bearish on 15minutes timeframe, it forms double top pattern at higher level.
Stay ahead of the curve with our daily Bank Nifty key levels! NiftyBank key levels for Feb 29, 2024 Overview: Today's trading session presented significant opportunities within the Bank Nifty index and we executed the trades based on the levels published yesterday on tradingview and we were able to capture the fall of 700 points in BankNifty Link for...
Nifty Bank weekly chart forming RISING WEDGE CAREFUL NOT SURE THAT BREAKDOWN.. Taking support from 50 EMA..
Facing 47000 level resistance upwards breakout make new ath Option trader wait for out the money call till this money candle close if close below 47000 we can see PE short call till 45k For more chart analysis comment me in this post.
Hello Everyone, As we know on 1st of February, Union Budget is going to be announced. After that there will be a major reshuffle in the stock portfolios of the FIIs. Beside this Banking Sector is always on the top priority. So here we will discuss the major Support and Resistance Levels which if breaks could give a one sided momentum. So, basically we have seen...
NIFTY BANK CMP 46064 We are assuming a gap down in today's session. Any break of 45500/45600 can break towards the level of 45000/44600 On an upside regain of 46000 and majorly above the level of 46500 from where it faced the major jerk can lead us to the upper side. Till then any upside will be considered as a sell on the rise.
The black lines drawn are important levels which can be support ad resistance for Tomorrow 27th December 2023.
Hi, here I am sharing NSE:BANKNIFTY upcoming support and resistance levels for coming days. Note: This is my personal analysis, only to learn stock market behavior. Thanks.
Two pictures, the big one is intra-day and the PIP is Weekly. Intra-day is picture showing the bearish bat pattern, which moved to its logical down path. Triggered on break of the 0.886 number break. This morning BOJ leaves rates unchanged, no trouble in moving any of the financial markets. The bank that has not rocked any boat. SNB leaves, BOE pauses despite...
Soft landing of the economy is the word that is catching cold. All hard landings in the first-place look like soft landing until it is over. Inflation is re-defined, calls for higher base from 2% is catching up. World is facing the debt scare with 337% of world GDP. Reports from RBI suggests our savings too are fast depleting. Further drill down of the numbers may...
Bank nifty graph more of punt at this point of time than to pen its character. Such is the element of time to spare. The PIP graph is clearly a V shape recovery. Move Over, August, Come September. The Weekly, four bear candles are greeted with equally strong four bull candles, rising around the previous high and Mid Bollinger Band. If you are not taught of this...
Bank Nifty August losses recovered, yesterday move is in style despite it being an expiry day. That is testimony of the underlying market strength in this Index. Rotation here remains strong, one target around 47500 remains an objective to print. PSU banks join once again the bandwagon, there is lot more steam left to realise not just in the short term but in long...
Hi, Here is intraday levels of NSE:BANKNIFTY for 30th June 2023. You can plan your trade according to levels breakout or brake down. Thanks.
The market went sideways after hitting an ATH. Currently, the market is in the range of 43800 - 44500 a 700 points range. There is a good support zone around the 43800 and 43450 range. Any closing above 44500 can be seen as a fresh breakout.
As per my analysis 43742 is now support level for NSE:BANKNIFTY . Now every dip is buying opportunity until sustained below 43490. My expected upside target would 44890. Note: This is my personal analysis, only to learn stock market behavior. Thanks.
As per my analysis if NSE:BANKNIFTY 45min candle closed above level of 44151, then we can see up side move up to level of 45380.00 on positional basis. We can expect correction only if it break and sustained below down side level of 43872. Note: This is my personal analysis, only to learn stock market behavior. Thanks.
Nifty bank has been moving positively from last 3 days and today also it gives a gap up opening and was perfectly consolidating for the 2/3 day but after it was near market closing time started to move downwards as if selling has been done on a large scale. Although it sustained above it's days low and perfectly ended with a Doji formation on a Daily- timeframe...
The idea presents two possibilities on Bank Nifty as follows: 1. corrective move: this suggests that bank nifty is moving down in a double zig-zag pattern where the index is currently in wave b of wave y. post which the index should head higher in at least three waves if not five. 2. Impulsive move: this suggest that index is heading down in an impulsive manner...