Monthly Outlook: Neutral Weekly Outlook: Bearish Engulfing Candle MT Outlook: Short Buildup Daily Time frame: Last swing broken if you observe line chart carefully 9DayEMA,20DayEMA broken S1PIVOT also broken Resistance Zone: 39496-39916 Upside Targets: 40470-40559, 41098-41307 Support...
Must Correlate yourself on charts before taking an entry. This is for Educational purposes only. Please consult your Financial advisor before investing.
Banknifty Monthly chart suggests that supply pressure is rising whenever the index tries to reach new levels, hence even if we see some recovery rally, chances are high that it might get absorbed soon, and the selling pressure may creep in again. Candle: Shooting Star Volume: Average Structure: HH,HL RSI: 67 Banknifty Weekly Chart, suggesting we might see...
Look at the important points on the chart. According to my analysis it will retest in the levels.
BankNifty Intraday levels to watch on Monday 1 November
#banknifty view for next week 29th Oct'21 - 4th Nov'21:- Delta Update In an uptrend, the pullbacks are very common and as long as 50 DMA (37,655) is not violated, the trend remains up, and generally price retracing to 20 DMA ( 39,070) is considered as pull back. We have an identical set for the 1st week of Oct and will this scenario will be replicated? I still...
positional sell call bank nifty condition below 39040 minimum 15 minut candal close tgt 38450 sl 39200 this is my viwe pleas trad carefully..this post are only pepar trading..real trading advice you financial advisor thank u
Now immediate support 39300/39000 Banknifty has a pin bar candle on hourly chart I see which indicates very strong reversal next coming target for November 43000/45000. Remember the low of 38426 strong support 🔥 so reversal to come indefinitely. Index now oversold very good opportunity to enter yes now 👍 all's well price retraced better than expected so I'll tag...
Nifty bulls vomit the hard work. The index was overwhelming for the bank nifty to hold the forte. Instead it joins the race with other parts to fall like nine pins. Now it is no longer leader. It just chugs along the index. Near term 39300 is strong base so one can expect some rally. New range or revisit of old range 39300-40300 back in play. For the day above...
As Global markets are mixed and Markets are likely to consolidate due to heavy selling on expiry. Market may move in sideways range even though there is positive sign from SGX nifty cant expect a heavy buying today. All Banks are in bear trend and yet didn't break the resistance trend line so can expect selling. Range - 39100~~39700 Resistance 2(R2) -...
39500 is a strong support zone as we can see in one day candlestick pettern...from there banknifty can do bounce back again...and less chances of brakedown. Education purpose only.
Bank Nifty on its final Bullish Impulsive Wave-5 ending at 1.236-1.618 from the previous Co-VID time crash low???? The final range of retracement for Bank Nifty assume to be around 40800-45600+ So, any retracement from here should be ideally a no-trade zone, above 45600 new Wave zone anticipated and below 40800, it is a blind sell with stop @ 41500 as interim...
BankNifty Spot demand and supply levels for 29/10/2021..........Trade with this reference.
Red zones are resistance areas and blue zones are support areas.
Banknifty with Support and resistance and EMA might work as a S&R " Points To Be Considered " • Trade On Side of Market And if you find that trend is weak then you can exit before target. • Wait For Retest Of Previous Day Close Or Nearest Support/Resistance In Case Of Big Gap Up Opening. • Wait For Breakout Before Entering A Trade. • Levels Are Adjustable In...
Bank Nifty Fall was expected but not So much. We had Marked the levels in previous days tried to take support. Look for Buy near 39345 & 39435 Look for Sell 39773 & 39921 Bank Nifty is not become bearish because the correction which has come today is only the 50% of the Bull Rally correction we are in Bank Nifty. 39345 is the daily support Area from FIB and...
#banknifty view for next week 29th Oct'21 - 4th Nov'21:- In an uptrend, the pullbacks are very common and as long as 50 DMA (37,590) is not violated, the trend remains up, and generally price retracing to 20 DMA ( 38,986) is considered as pull back. we have an identical set for the 1st week of Oct and will this scenario will be replicated? I still see no...
Important Levels for nifty intraday, CORRECTION PLEASE LIKE,SHARE AND FOLLOW.............................................