Bnknifty breaks the trend line Targets are marked on chart Sl depends on your risk pocket On daily time frame banknifty is 0.03 level of fibbo
Buyers are accumulating 38.30 level if it crosses then 4 to 5rs momentum should be expected . Resistance are touchedfive times. It was Wesker resistance.
Banknifty is breaking a Trend line, the trend line representing the resistance of for buyers For an seller prospective market is strong for him This is the time of swing trading It can give you better return
Nifty is an index of Indian stock market It is on breakout Stage It can go up side because it able to achieve upside targets 15500 level Even their IT sector stock also gone be do out performance
PNB penny stock is making and head and shoulder pattern you can give it atleast 15rs sl and take for long term
As you see if it breaks trend line it will fall, If it takes support it will establish uptrend. Just see 5 minutes first candle and then take decision. Ride the trend.
Nifty is giving a cell signal and also false breakout in daily time frame you can short it on Monday on 1 hour time frame your target will be at least hundred point and give sl only 30 to 20 points this trade contains short term trade so in weekly pattern Nifty is making a flag pattern that's containing bullish pattern
The bullish pattern breakout formation You can enter on 1 hours candle restreesment Also take trade in half quantity it will sustain above levels Also we can see new high soon . Best off luck Disclaimer- Take it as educational purposes not for trading tips or calls
The analysis tell that usoil can go on correction phase.