ICICIBANK
BANK NIFTY SPOT CHART BEARISH BAT FORMATION IN 4 HR TIME FRAMEHI EVERYONE!
MY VIEW ON BANK NIFTY SELL DUE TO BEARISH BAT PATTERN FORMATION IN 4 HR TIME FRAME
GO POSITION BANK NIFTY FUTURES SELL ORELSE BANK NIFTY MONTHLY EXPIRY ATM PE OPTION STRIKE PRICE BUY
TARGET 1-28800
TARGET 2-27700
THANK YOU!
KEEP SUPPORTING!!
NSE:ICICIBANK Daily Trendline Break NSE:ICICIBANK has broken a daily trendline which extends from mid September to today. There is an slightly less steep trendline that can also be drawn shown in the chart as dotted green line which can act as support but it is unlikely. So I am staying away from longs here. Also to note is that Banknifty is weak.
Bank Nifty Intraday Setup for Expiry day November 7 2019Regrading Bank Nifty Index : Yesterday Index has made a new high (30699) almost on their resistance Level (30805). Remember Today is Weekly Expiry and Sentiment is Already on here Because Govt sets up Rs 25,000 crore alternative investment fund to revive realty sector.
News Can find here : economictimes.indiatimes.com
Remember Housing Project direct Connect with Banking Sectors and can affect directly.
Trade Setup : Gap up Opening is possible Today. As an Intraday Trader and a tech Analyst I will not jump in battle without proper preparation. We will follow our Gap up and Gap down strategy and keep notice to Bank Nifty Resistance Area . 30805 then 31600