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Niftybank

NIFTY 50 Short term Bullish UpdateNIFTY 50 TA Update: Now Current Price of Nifty is 9194 Points. According to TA we can see strong bounce back from Support Level and I can expect some upward movements. All indicators showing short Term Bullish pattern. so guys I can expect 9370-9414 in short term period. Support: 9064 Resistance: 9414 Please Click Like Button for Appreciate me. and must follow if you agreed my IDEAs for more Cryptocurrency and Stock market update must follow me. Thank you
NSE:NIFTYLong
by CryptoPatel
1
HDFC Bank Has 20% Downside Potential If Below 955HDFC Bank is stuck below former support near 955, which is also the 38.2% Fibonacci Retracement of its recent decline. As long as prices are below 955, then there's a risk that the stock retests its lows set in March near 740. As the largest component of the market's largest sector, this will likely continue to weigh on Indian Equities in general. With momentum also stuck in a bearish range, a downside continuation in this stock appears to be the higher probability outcome and we'd expect a retest of the March lows in the weeks and months ahead.
NSE:HDFCBANK
by AllstarchartsINDIA
1
BankNifty Intraday Trade Setup for 12th may 2020Good Morning Everyone, Banking sector is weak and has a major role for current downfall. Main question is is downfall will be continue today on the expiry day? Let see Technical View ============== Bank Nifty has made a head and shoulder pattern in hourly time frame. Index look weak on this level and can be fallen knife on breakdown . Level is 18,725. Index major resistance is still on 20,000 and support is on 18,700 Trade Setup =================== A - Long Position is risky and can build only and only on resistance breakout which is above on 19,400.00 B: Short position is lower then 18,700 Disclaimer: I am not a SEBI Registered Research Analyst and all the information provided here is for educational purposes Views are shared based on market research and study and personal in nature. Others can take the different view and opinions. Good Luck and Happy Trading Virendra Pandey
NSE:BANKNIFTY
by CodeViser
Bank Nifty Intraday & Expiry day Trade setup for 07th May 2020Good Morning Everyone, Banking sector is weak and has a major role for current downfall. Main question is is downfall will be continue today on the expiry day? Let see Technical View ============== Bank Nifty Major Resistance is on 20250-20300 and support is on 19000-19100. Trade Setup =================== A - Long Position is risky and can build only and only on resistance breakout which is above on 20300.. B: Short position is lower then 19000 Disclaimer: I am not a SEBI Registered Research Analyst and all the information provided here is for educational purposes Views are shared based on market research and study and personal in nature. Others can take the different view and opinions. Good Luck and Happy Trading Virendra Pandey
NSE:BANKNIFTY
by CodeViser
BANKNIFTY Bearish Chart Analysis in LTFBANK Nifty TA Update: BANK Nifty Now 19700 Point. This is Rtest Level after breakdown The support. So I can expect Next down leg soon if you short or put then you can exit first Support At 19048 Point. and after this support breakdown then next stoppage would be 18118 point. so now I take put at 19730 Level and waiting for Close at support level. Support: 19048/18200 Resistance : 19750/20300 if any candle close above 19750 level then this bearish chart exit and I will close my Trade. so keep an eye on chart. Please like and follow me for latest crypto and Stocks updates. Thank you
NSE:BANKNIFTYShort
by CryptoPatel
2
Nifty Pharma's Outperformance On PauseIn November the Nifty Pharma / Nifty 100 ratio met our downside objective as momentum diverged positively, sparking a massive 6-month period of outperformance from the Pharma sector. We've ridden this trend since it started, but prices are now back at the ratios 2014 lows and beginning to fail. What acted as support is now resistance...and following the massive run prices have had, this is a very logical level for prices to pull back and digest their recent gains. As long as prices are below their recent highs, then we'd expect the Pharma sector to underperform in the near-term. Long-term the trend in this ratio is clearly higher, but for now, we want to be taking profits as money rotates into other areas of the market that haven't run as much...like Nifty Financial Services. You can view our other ideas discussing this topic linked below.
NSE:CNXPHARMA
by AllstarchartsINDIA
Bank Nifty Weekly Expiry day analysis for 30th April 2020 Good Morning Everyone, Bank nifty is much stronger then nifty because the rally of HDFC bank. it will be continue today? Well we are tech analyst and we trade on confirmations. Yesterday we have made a handsome profit in Intraday. Resistance, support and technical view ======================================== Nifty Major Resistance area is 22060 and it's come with our harmonic pattern and support is sit on 19100... Intraday Trade setup ==================== Buy : Yesterday high is most of Important for us and we need to build a long position if index sustain above on it . Level is 21400 Short : Open a short position if Index break 20400 Note : We might be see a gap up Opening so use a simple strategy mark 15 minute candle high and low and setup your long short according on it Disclaimer: I am not a SEBI Registered Research Analyst and all the information provided here is for educational purposes Views are shared based on market research and study and personal in nature. Others can take the different view and opinions. Good Luck and Happy Trading Virendra Pandey
NSE:BANKNIFTY
by CodeViser
Dash To Trash ContinuesOver the short-term stocks that have been hit the hardest, like RBL Bank, are continuing to mean revert to the upside. Money is rotating out of Nifty Pharma, Nifty Fast Moving Consumer Goods, and other areas that have led the recent rally and is now flowing into other areas like Nifty Financial Services that have yet to participate to the same extent. In this chart we're looking at RBL Bank confirming a failed breakdown and bullish momentum divergence by closing back above its April 3rd, closing low near 110. As long as prices are above this level, then these conditions suggest further upside in the near-term and mean reversion towards our first target of 210. Additionally, it's our view that strength in some of the worst stocks like RBL Bank is evidence of risk appetite among market participants and suggest further near-term upside for Indian Equities as an asset class.
NSE:RBLBANK
by AllstarchartsINDIA
Money Flowing Back Into Nifty Financial Services SectorIn this chart of the Nifty Financial Services Index vs Nifty 100 ratio, we see a bullish momentum divergence as prices stabilize above a confluence of support. Prices staying above their recent lows signals outperformance is likely from this sector of the market, at least in the near-term while money flows out of areas that have run a lot like Nifty Pharma and Nifty Fast Moving Consumer Goods. Strength in Financial Services will be a tailwind for the Nifty 50 and broader indices given it's the largest sector weighting at ~33%.
NSE:CNXFINANCE
by AllstarchartsINDIA
Bank Nifty Intraday Trade Setup for Wednesday 29th April 2020Good Morning Everyone, Bank Nifty has given a clear move then Nifty in Yesterday Trading session because of A sharp rally in banking and financial stocks but Question is it continue today ? Resistance, support and technical view ======================================== Bank Nifty i resistance is on 21500 and support is on 19500 also a Harmonic pattern in hourly time frame. Prz area is 20879. so we can see a correction from 20879-20900 Intraday Trade setup ==================== Buy Above if Index break 20950 and sustain above in first trading Hour Sell: build a short if Index break 20500 and sustain Disclaimer: I am not a SEBI Registered Research Analyst and all the information provided here is for educational purposes Views are shared based on market research and study and personal in nature. Others can take the different view and opinions. Good Luck and Happy Trading Virendra Pandey
NSE:BANKNIFTY
by CodeViser
2
Bank Nifty Intraday Trade setup for 20th April 2020Good Morning everyone, Bank Nifty is follow Nifty Trend in short term and long term as well because some high wattage stock of Bank nifty is keep high stake in Nifty as well so it's Impact directly. Resistance ----------------------- Bank Nifty major resistance area is 21472 which is also a B point for our one of our Harmonic pattern which is made in hourly time frame, Support --------------- Bank Nifty key support can found on 18700 Trade setup for 20th April 2020 ================================== 1- We're also bullish in Bank nifty for today and buying side has 2 points. A- If you see a gap down and price test 20000-20200 in first trading session at first half then go and build a long from this price level. B- Second buy position can come if Index bullish in first half and break the Friday high which is 20827. Consider 20900 to build your long 2- Sell Bank nifty if 20600 break in Intraday. Good luck and happy Trading CodeViser
NSE:BANKNIFTY
by CodeViser
#NiftyBank #Intraday Trade Setup for 16th April 2020Hello everyone, Bank Nifty is a white elephant in Indian stock market because for their volatile nature and everyone want to get ride on it but you guys need to remember this is not an easy task :P We have seen a 1200+ points down move in yesterday from the top ( 20178) . Short Position ======================= Key Support is on 18650 and this level is so Important if you're looking for a short in Intraday. It's also a B point one of our Harmonic pattern and pattern will be activated if price sustain lower then 18650... Long Position ========================= Long is bit tricky and has a very less room in upside . Long position can consider if price sustain above 19300 and has only 200-300 points in upside. Lot of day resistance is in upside so if you consider a long above 19300 then try to book profit before then 19600.. Note : Keep patience in first hour and get it settle at first. Do not rush for trades, wait for a clear move and setup your trade according the levels. Good Luck & have an awesome day ahead
NSE:BANKNIFTY
by CodeViser
3