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Banknfitytrend

Head & Shoulder Neckline breakdown Pattern seen in BankniftyHello Dear Traders. I hope you all will be doing good in your trading career. Guy's we have seen Head and Shoulder Neckline Breakdown Pattern in 30 mints chart and Banknifty also have broken Important support zone of 44200-44300. Chances are high we can see sharp downfall from here, So guy's plan your trade accordingly. Global news also coming negative and FIIs also have sold in good volume in friday session. Let's see what is going to happen. Important levels for Banknifty:- Sale From current levels, even if you see gap down take it in less qty and accumulate in the range of 44200-44300. Targets we can see 43941/43702/43531. Keep stop loss at 44587. Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades. Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's. Thankyou.
NSE:BANKNIFTYShort
by TraderRahulPal
BANKNIFTY ANALYSIS FOR MONDAY 29TH MAY- FOR EDUCATION PURPOSEIf bank nifty sustain the level of 44050 and spend time and break 44150, then 44200-44250-44300 If bank nifty break down of 44050 spend time and break down 43950, then bank nifty 43850-43750-43650 This video is for educational purpose and my personal view . Kindly take the trade according to your risk and reward position and consulting your advisor. We are not SEBI registered advisor. We only share our practical experience as trader.
NSE:BANKNIFTY
by vijayanjum
BANKNIFTY -- Reversal @ 43000 or 43600.At 43000, we have encountered one of the most formidable resistance levels, as evidenced by a prior strong sell-off. Despite Bank Nifty's upward trend, the question remains whether the price will surpass this resistance or experience a reversal. So far, no bearish momentum has been detected in Bank Nifty, indicating that buyers are likely to propel the price to an untested supply zone at 43600. However, it is significant to note that a pullback or retracement is expected at the 43000 level, which we will monitor closely. Note : fake breakouts may happens at this level, be careful at this level. Buy plan: if price breaks 43100 and pullback to 43000 levels then go for buying up to 43210,43300,43470. Sell Plan: if 43000 breaks and observe a fake breakout and falls below to this level and again 43000 level acts as resistance go for selling targets are 42800,42700,42620. we have Strong support at 42400-42350 levels. Consolidation Levels : 43100-42800
NSE:BANKNIFTYLong
by IIT-Trader
BANK NIFTY viewBank nifty is at a very crucial point as of now. Due to the current situation the pressure for falling is on higher side. Wait for the re-test of breakdown or breakout whenever it happens in current weeks. Trade safe. Manage risk. Be profitable. Please follow us for more simple trading analysis and setups. Also let me know in the comment in case you have any queries. Disclaimer :- This is just my view. Please analyze charts yourself and then decide to take any trades.
NSE:BANKNIFTY
by simple_trader2022