BNindex that serves as a benchmark for the banking sector in India. It comprises the most prominent banking stocks listed on the National Stock Exchange (NSE). BankNifty reflects the collective performance and trends of these banking giants, providing investors and traders with a valuable indicator of the overall health and direction of the banking industry. As an essential component of the Indian stock market, BankNifty's movements and fluctuations can have a significant impact on investor sentiment and market sentiment as a whole. It is closely monitored by analysts, investors, and financial institutions, who analyze its charts and data to make informed decisions regarding their portfolios and trading strategies. BankNifty's movements are influenced by various factors, including macroeconomic indicators, government policies, interest rates, and global market trends. By studying and understanding the dynamics of BankNifty, market participants gain valuable insights into the state of the banking sector, making it an indispensable tool in the realm of finance.
BANKNIFTY1! trade ideas
Review and plan for 5th September 2023 Nifty future and banknifty future analysis and intraday plan in kannada.
This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post.
please consult your financial advisor before taking any action.
----Vinaykumar hiremath, CMT
Trend from 10am!- Review and plan for 4th SeptemberNifty future and banknifty future analysis and intraday plan in kannada.
This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post.
please consult your financial advisor before taking any action.
----Vinaykumar hiremath, CMT
Review and Plan for 1st SeptemberNifty future and banknifty future analysis and intraday plan in kannada.
This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post.
please consult your financial advisor before taking any action.
----Vinaykumar hiremath, CMT
Reversal day- plan for 31st August 2023Nifty future and banknifty future analysis and intraday plan in kannada.
This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post.
please consult your financial advisor before taking any action.
----Vinaykumar hiremath, CMT
Day Trader’s Post Market Analysis - Nifty BankNifty-30th Aug ’23Below mentioned points are discussed in my post analysis video(Fast forward to 1:40 for Hindi Audio)
-No Plans At Open
-Missed 400 points in Banknifty :(
-Banknifty Future had a shorting Structure once Day Low Broke
-How will i trade when market opens tom.
flat day-Review and plan for 30th August 2023Nifty future and banknifty future analysis and intraday plan in kannada.
This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post.
please consult your financial advisor before taking any action.
----Vinaykumar hiremath, CMT
Review and plan for 29th August 2023 Nifty future and banknifty future analysis and intraday plan in kannada.
This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post.
please consult your financial advisor before taking any action.
----Vinaykumar hiremath, CMT
Head and shoulder pattern A head and shoulders pattern is used in technical analysis. It is a specific chart formation that predicts a bullish-to-bearish trend reversal. The pattern appears as a baseline with three peaks, where the outside two are close in height, and the middle is highest.
The head and shoulders pattern forms when a stock's price rises to a peak and then declines back to the base of the prior up-move. Then, the price rises above the previous peak to form the "head" and then declines back to the original base. Finally, the stock price peaks again at about the level of the first peak of the formation before falling back down.
1
The head and shoulders pattern is considered one of the most reliable trend reversal patterns. It is one of several top patterns that signal, with varying degrees of accuracy, that an upward trend is nearing its end.
Head and shoulder pattern A head and shoulders pattern is used in technical analysis. It is a specific chart formation that predicts a bullish-to-bearish trend reversal. The pattern appears as a baseline with three peaks, where the outside two are close in height, and the middle is highest.
The head and shoulders pattern forms when a stock's price rises to a peak and then declines back to the base of the prior up-move. Then, the price rises above the previous peak to form the "head" and then declines back to the original base. Finally, the stock price peaks again at about the level of the first peak of the formation before falling back down.
1
The head and shoulders pattern is considered one of the most reliable trend reversal patterns. It is one of several top patterns that signal, with varying degrees of accuracy, that an upward trend is nearing its end.