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NZDJPY Short in the coming daysAs you can see, we broke a resistance zone that was holding price in for weeks. We saw a stop loss hunt of sellers who shorted at the resistance zone . We might see price either retest the resistance zone and continue it's way to the upside or we might see price just dropping below, and taking out potential buyers that will enter the market at the previous Resistance, now Support zone . Let's see how price moves now. We could enter a trade right now and wait for price to drop , and either coming back up, or breaking below and taking out buyers that will enter the market.
by GlobalForexZone
1
India Bank Nifty is again at support zone 19000 to 19300.. India Bank Nifty is again at support zone 19000 to 19300.. As per elliot wave analysis 22400 is still possible as long 18950 is held.. I would be making more at this level and keep strict stop loss at 18950 and will be sitting tight till 22200 to 22300 ..Wave B target of 22400 at a minimum retracement of 38.2 .. This trade is highly risky keep stop loss strict at 18900... reward 10 to 15% return on Bank Nifty No chance of reversal below 18900... ur capital will be lost.. so have 1% percent strict loss to get ready for next trade .It is elliot wave B.
NSE:BANKNIFTYEducation
by karagis75
1
BANKNIFTY current Technical Update FII & DII invest 19056 corerBANK Nifty TA Update: I am also bullish in Bank nifty because of Today FII & DII buying data........ Huge buy.....Last 30 days FIIs daily 1000 cr selling so keep an eye guys BANK Nifty Now 19490 Point. This is Rtest Level after breakdown The support. So I can expect Next down leg soon but Guys if we breakout 19700 level I can expect 500-800 point upward side. Support: 19048/18200 Resistance : 19750/20300 if any candle close above 19750 level then this bearish chart exit and I will close my Trade and I will open Call. so keep an eye on chart. Please like and follow me for latest crypto and Stocks updates. Thank you
NSE:BANKNIFTYLong
by CryptoPatel
BANK NIFTY Bearish Technical Analysis LTFBANK Nifty TA Update: BANK Nifty Now 19500 Point. This is Rtest Level after breakdown The support. So I can expect Next down leg soon if you short or put then you can exit first Support At 19048 Point. and after this support breakdown then next stoppage would be 18118 point. so now I take put at 19730 Level and waiting for Close at support level . Support: 19048/18200 Resistance : 19750/20300 if any candle close above 19750 level then this bearish chart exit and I will close my Trade. so keep an eye on chart. Please like and follow me for latest crypto and Stocks updates. Thank you
NSE:BANKNIFTYShort
by CryptoPatel
BANK NIFTY Bearish Technical Analysis in LTFBANK Nifty TA Update: BANK Nifty Now 19700 Point. This is Rtest Level after breakdown The support. So I can expect Next down leg soon if you short or put then you can exit first Support At 19048 Point. and after this support breakdown then next stoppage would be 18118 point. so now I take put at 19730 Level and waiting for Close at support level . Support: 19048/18200 Resistance : 19750/20300 if any candle close above 19750 level then this bearish chart exit and I will close my Trade. and If open Put then Stop loss is 19765 Points. Tight Stop loss because Risky is low and Profit would be very high. so keep an eye on chart. Please like and follow me for latest crypto and Stocks updates. Thank you
NSE:BANKNIFTYShort
by CryptoPatel
2