My view on #BANKNIFTY #NIFTYBANK IndexAs per my analysis and view Bank Nifty NSE:BANKNIFTY can re-test level of 41150, then make move on downside for target of 39587.
Note: This is my personal analysis, only for learners.
Bankniftytarget
Updated Bank nifty Chart - ALL TARGETS HIT!Last week, Wednesday, the view on Bank nifty was short with 3rd target being 36000. On Thursday target 1 and 2 was hit and Friday we hit the 3rd target.
For the upcoming week, we can expect the present trend to continue. Any long positions can be taken only on day candle closing above 36552 and sustaining above it.
On the down side, support can be expected at 35100 - 35200 levels. If that breaks, we can see 34400 levels.
*post is for educational purposes only*
BankNifty 4th November Muhurat TradingBeware, market timings tomorrow - 6:15 p.m - 7:15 p.m
BankNifty opened Gap up today and consolidated then it broke the triangle pattern that we uploaded and gave a big downside move.
We took trade on retest of the triangle and captured the 500 points move and made a good profit in PE side.
Then we also took CE as we hoped for a short recovery an made a profit in that too
Levels for 4th november Muhurat Trading :
Buy above : 39600
Sell Below : 39320
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Bank Nifty Futures Entry & Targets for TodayBank Nifty Futures Entry & Targets for Today.
(This is For Education Purpose only, Don not take trades based on our views. If you take trades based on our views you are responsible for your profit and loss.)
