In last week bank nifty break it's long time resistance which was 35300-35400 and close above 61% retracement. Now If BN cross 35500 it will go to 35800 which a resistance and further ready for 36000 level. Bank Nifty making a parallel channel and now going up to touch upper line
Nifty at the important support level and we need to eye on this below are the support details 1. Today touch this trade line and move up by taking the support of this line 2. Today 50% retracement complete and chance to move up Please like and follow me for more ideas
Now BankNifty at the important support level and we need to eye on this below are the support details 1. Today touch this trade line and move up by taking the support of this line 2. Today 50% retracement complete and chance to move up 3. Market can be break this line and fill GAP between 33300 - 33600 and move back from 61% retracement which around 32700 ...
BANKNIFTY made head and shoulder patter on 15 MIN chart. If it breaks it's neck line we can short or if breaks above resistance line we can long
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We can trade this stock for indraday because it has Narrow CPR on 17-Aug-2020 . You can Buy near CPR if it's trade above CPR or Sell if it's trade below CPR and Book profit near R1, S1 or trailing for more profits R1 - 1118 CPR- 1104 S1 - 1090 Must comment if it's work for you. If you want youtube tutorial video on Narrow CPR , you can request in the comment...