🔔 Bank Nifty Update for Today: 📈 Gap-Up Opening Expected: Expected Opening Level: Near 51000 Initial Bullish Level: Above 51050 Primary Upside Target: 51450+ Extended Upside Target: 51950+ Bank Nifty is expected to open with a gap up near the 51000 level today. If the index starts trading above 51050 after opening, we could see a strong bullish rally,...
Totally two trades taken. First was based on Gap Up/Down Strategy, it didn't hit the 1:1 target, however I noticed another podcast trade and entered with the same PE and closed both the trades. Notes: - Since today was expiry of BankNifty, if Credit Spread was taken on the first trade itself, the profits would've been achieved even if it didn't the 1:1...
Inverted Cup Pattern forms Daily Candlestick 47800 Target Month End BELOW 50600 Support zone WEAK Global Market Below 100EMA || RSI Below 32 || ADX Below 16
2 trades taken. 1st trade closed with 1:1 risk reward 2nd trade closed minimal loss
Explanation: This is a very useful trading system. This means that you should not take a trade blindly, but rather that there is another confirmation to take the trade you can use this for perfect entry and perfect exit This trading opportunity is based on volume, previous price, and price range , are included Entry/Exit point's: - It has very easy entry and...
Explanation: This is a very useful trading system. This means that you should not take a trade blindly, but rather that there is another confirmation to take the trade you can use this for perfect entry and perfect exit This trading opportunity is based on volume, previous price, and price range , are included Entry/Exit point's: - It has very easy entry and...
For bank Nifty, this seems to be a much needed pit stop. Immediate target seems to be ATH and then 55300. If it breaks the base that has been created after the last high, 51300 could act as a strong support. Does not seem like a sign of weakness. Next round could be lead by PSU banks, close to the Budget.
The image displays a 30-minute intraday chart for the Bank Nifty index. Here are the key details: Date: The data is for July 11, 2024. Index Levels: The Bank Nifty index is shown at a closing price of 52,217.30, up by 42.90 points. Technical Analysis Features: EMA: The chart includes a 20-period Exponential Moving Average (EMA) shown at 52,266.22. Fibonacci...
The image displays a chart for the Nifty 50 index from the National Stock Exchange of India, showing intraday movements on a 15-minute time frame. The chart includes details such as: Index Information: The Nifty 50 Index is shown at various prices, with the current price being 24,417.25, down by 16.80 points. Technical Analysis: There's a 20-period Exponential...
Description: Join us for intraday trading analysis on BANKNIFTY. We've marked significant buy and sell targets based on the latest price movements and EMA trends. Buy Signal: If BANKNIFTY breaks above 52,700, consider going long with a target of 53,200+. This is indicated by the potential support break and bullish momentum. Sell Signal: Alternatively, a move...
The chart you provided is a 15-minute intraday chart for Bank Nifty with trading levels and strategies for July 8th. Here’s a breakdown of the key points on the chart: Buy Signal: -Buy above 52800 -Target: 53200+ Indicated by a green arrow pointing upwards. Sell Signal: -Sell below 52400 -Target: 52000- -Indicated by a red arrow pointing downwards. Resistance...
-Date and Time: The chart covers intraday trading for July 3 and July 4, 2024. -Price Data: It displays open, high, low, and close prices for each 15-minute interval. -Exponential Moving Average (EMA): A 20-period EMA is plotted, which helps to determine the trend direction over these periods. Trading Instructions: -Buy Signal: An instruction to buy above...
Pair : Bank Nifty Description : Completed " 12345 " Impulsive Waves Break of Structure Rising Wedge as an Corrective Pattern in Short Time Frame RSI - Divergence Fibonacci Level - 261.80%
Chart for the Nifty Bank Index on a 15-minute timeframe for July 4th includes the following key changes and details: -Buy Above 53250 with a target of 53600+. -Sell Below 52800 with a target of 52400-. -Current price remains around 53042.15. Key support and resistance levels: -Resistance around 53213.55. -Support around 52810.25 and 52395.60. The 20-period...
📈 #BankNifty 15-min Intraday Strategy (3 Jul): Buy above 52,400 🎯 Target: 52,750+ Sell below 52,000 🎯 Target: 51,750- Key Levels: Resistance: 52,395.60 Support: 52,151.85 #Trading #StockMarket #BankNifty
An intraday trading chart for the Bank Nifty Index dated July 2nd, captured in 15-minute intervals. Here are the specific elements depicted in the chart: Candlestick Format: The chart uses candlestick bars to display price movements within each 15-minute period, indicating the open, high, low, and close prices. Exponential Moving Average (EMA): There is a blue...
Date and Time: The chart is labeled "01-Jul (Intraday)" for intraday trading on July 1, 2024. Candlestick Bars: Each bar represents a 15-minute trading interval showing the open, high, low, and close prices. Technical Indicators: -Exponential Moving Average (EMA): A blue line shows the 20-period EMA used to determine the trend's direction. It acts as dynamic...
According to the research i've done, market is most likely to open upside and go up as market has the support of supertrend along with RSI under 20, but in other situations If it comes downside It will have to suffer through a great support of level 51950 - 52000, if it breaks down this support it can go further downside. The other scenario can be that the market...