BankNifty : This resistance looks tough . triple top resistance on bank nifty with leadership gone from pvt banks....
Potential 50 point triangle in the making...look for volume on breakout.
If true will go to 158 160 in this leg... SL todays low.
SBI: Shooting Star on hourly ? If so, topped for now!
The pattern that was triggered a few days back with a head of 100+ points has met its logical target today.
Keep a look out if breaks resistance at 152... Straight new high abv that!
Last 2 times, nifty made new highs, waited 3/4 sessions for continuing momentum, failed and fell.... Will we repeat ?
YES BANK last support near...below that 300 should be easy!
Last two attempts at taking out highs have been unsuccessful while bottom is intact! I guess we play this range for more time!
The same expiry TL on BN is comprehensively broken today. Certainly a cause for short term pain....
THE EXPIRY TL on NIFTY: Desperately struggling to hold on....
GAP of 10100 now attracting Nifty spot fast
TRIVENI : Clean TL breakout after a good gap.
MOIL: 7 yr rounded bottom: This stocks will go places...
BANKNIFTY : worst case scenario ?