India Bank Nifty next target 22750India Bank Nifty next target 22750 as it showing double bottom pattern. Long Bank Nifty stop loss
20950 Target 22750 . Other fibonacci targets are as follow as 23700 24700 25400 and 26400
Banknfity
fancy charts looks, extraordinary butthose charts doesn't works. in market simple things works best. it's very easy to draw some line and try to predict the future but it's useless. experience traders knows.
Bank Nifty Trading Strategy for 5th May'2020.Bank Nifty closed in its demand zone @ 19650-1985.
On the upside, there is a resistance 20260-20337 and a major supply zone @ 21100.
On the downside, there is a demand zone @ 19100-19250
The upside target in case 19650 is not violated is 20800-21100 SL 19450.
The downside target in case 19650 is violated T is 19200/19000/18700/18500 SL 19850.
You can follow me during market hours for SL & directional calls.
All levels are on the chart along with ghost feed of directions.
BANKNIFTY -short term trade sceanrios for today21-Feb-2018:
BANKNIFTY Yesterday markets failed to pullback and test 25250, we discussed that until that is tested, markets are likely to test 25000 and that did happen. I didnt
expect 24850 to test that easily but that happened as well. Now based on that there are 2 scenarios, markets pullback inside 24890 zones and likely test 24950-980 again.
or a secondary scenario where sellers continue to be active and we continue to trade lower to test 24680-650 zones. #BNF #BANKNIFTY
TCS Short for 2000...Trend Correction is Getting Over, IT has started to look weak, TCS is at Upper Trend Line and at Major Resistance, Volumes are lower op Trending Up, Target Can be of Around 2000, 1700 with short from around 2400.
