BANK NIFTY TIPS

Looking for reliable and free Bank Nifty (futures and options) trading tips? Look no further than Moneymunch! We provide intraday and positional calls, technical analysis, research reports, and daily or weekly charts to help you make informed trading decisions in the stock market. Subscribe now and stay ahead of the game!

Double Top Reversal Pattern Plotted On BANKNIFTY

1 10954

After the long time, we are updating free report here.

Daily TimeFrame:
Pattern name, Double top

  • The prior trend was an uptrend.
  • 2nd peak has less than 3% penetration compare to 1st peak which is valid for the pattern.
  • Gap has seen in second peak.
  • Neck Line is clear at 26576.
  • A trough is rounded as per Double Top required.
  • a decline in the second peak with accelerated descent
  • Currently existed support at 28458 (resistance turned support).

After breaking 28458, we can see next level 27466 which is a retracement of 0.618.

All major supports and resistances are plotted on the chart from 2012 to 2020 with the strong and tight channel.

Here are two channels being seen in a large channel drawing a small channel inside a chart. A small channel having support which is sign for reversal at the support 28147(Resistance can be current support).

To become a subscriber, subscribe to our free newsletter services. Our service is free for all.

Continue reading

Can the pattern on the chart will fill your pocket, Banknifty?

1 9328

The Bank Nifty always repeating TRIANGLE pattern. We have detected perfect TRIANGLE on bank nifty. Yes, right action on the breakout will full and fill your pocket with money but, still, we have to wait and keep patience for that. By looking at the chart, you will understand the pattern exactly.

Support are in two phases,

  • Phase 1. 10885 and,
  • Phase 2. 10860.

We can take Biggest benefit when getting a breakout. Although you can get the profit from the current trend which mentioned by the legs(Waves).

Continue reading

Short View For BANKNIFTY With Exact Channel

0 9927

Banknifty opened at the resistance of (3) wave 27701 nearby which is at value high. This resistance pushes it toward the control value at 27463(gravitating) and (4rth) wave at value low. Looking at it seems that short declining wave can start for the target.

Above all levels are for a spot.

To become a subscriber, subscribe to our free newsletter services. Our service is free for all.

From a strategic standpoint, the technical traders must decide two things: First, the trader must choose when to enter a position, and second, he or she must choose when to exit a position. Choosing when to exit a position is composed of two decisions. Exactly, and therefore our research give 90% above accurency.

Continue reading

Exactly Seen Seller Action On Banknifty

0 9479

Detected Tail: price rejection with sellers activities.

A box which was drawn after the tail is sellers area. If price surge with above it and we see the again tail will confirm of selling 28310 nearby.

I ll update later accurate target.

BANKNIFTY target updated on 2:00 PM 28th, AUG 2019

In the last update written to sell banknifty 28310 nearby but, I did not mention target and told you that will update shortly.

Banknifty made high 28245 and started fall down.

Target banknifty 27743(trendline support) and breaking / staying below it will be a target at 27605.

To become a subscriber, subscribe to our free newsletter services. Our service is free for all.

Continue reading

Where To Sell BANKNIFTY?

0 6275

Banknifty resistance starting from 27777 to 28073 as per channel.
Last update was for paid customers at 27777 for sell which was below (4).

 

  • Nifty is going to open gap up 78-89 points positive. Expected 110-129 points positive after opening. We have created a sell strategy for NIFTY
  • Wall Street opened lower on Friday.
  • Oil prices fell on Monday.
  • Moody’s Investors Service on Friday cut India’s GDP growth forecast for 2019 calendar year to 6.2
  • percent from the previous estimation of 6.8 percent.

 

Let’s look at a higher timeframe chart.

 

As per the daily chart, fall is still left but the question is where to sell?
Detected tail in the last secession.

BANKNIFTY target updated on 2:00 PM 28th, AUG 2019

In the last update written to sell banknifty 28310 nearby but, I did not mention target and told you that will update shortly.

Banknifty made high 28245 and started to fall down.

Target banknifty 27743(trendline support) and breaking / staying below it will be a target at 27605.

To become a subscriber, subscribe to our free newsletter services. Our service is free for all.

Continue reading

Target of BANK NIFTY using channel

1 9569

After the long TIME, we are going to update BANKNIFTY for you FREE.

Target for BANKNIFTY 28309 and support from channel 27736. If we are moving toward the target, BANKNIFTY will not test support.

Update on 16th AUG. 2019 (time 11:00 AM))

Support has been taken by BANKNIFTY with low of 27722 and Our support was given at 27736.

To become a subscriber, subscribe to our free newsletter services. Our service is free for all.

Continue reading