After the break out it coming for a retest on the same trendline Most possibility is retest and heavy trend up if retest fails we can see a minor fall of 200 - 300pt
The current trend is uptrend can see the market open with a gap up Heavy resistance at 30786 If open with a large gap up there can be a retest to the breakout level if opens near prev day close or opens with a gap up it will move within the triangle pattern trying to breakout
==> Possible uptrend till the gap is filled ==> Afterwards the can be a downward trend
Near's breakout zone ==> Buy above Resistance zone ==> Sell if it breaks the bottom support (Possibility is less to go down for a long)
Nears to a sub triangle breakout inside the main channel, Looks like reaching an end of a trend If the market opens With A gap up there can be a small move uptrend followed by a heavy downtrend A gap down a retest to the same level is possible followed by a downtrend Close to prev close, We might see a range market or minor uptrend till channel top
Nears to a sub triangle breakout inside the main channel, Looks like reaching an end of a trend If the market opens With A gap up there can be a small move uptrend followed by a heavy downtrend A gap down a retest to the same level is possible followed by a downtrend Close to prev close, We might see a range market or minor up trend
The market is moving into a consolidation range after a trend Inside a larger channel, a minor triangle pattern is formed If on Monday market opens Gap up there will be a possible retest and break out upside near prev the last close there can still be a ranging market continuing Gap down there can be a good down move near to support zone
The market is moving into a consolidation range after a trend Inside a larger channel, a minor triangle pattern is formed ** M pattern formed ending today => Possibility of the good down move If on Monday market opens Gap up there will be a possible retest and break out upside near prev the last close there can still be a ranging market continuing Gap...
Closed the market in a high bullish state formed an expanding channel pattern open on the same level there can be a ranging market or a strong uptrend opens with a gap up there can be a sudden reversal after sometime opens gap down breaking current channel pattern the can be a retest then a major fall
BankNifty Analysis for 27 Nov 20 Closed the market in a high bullish state open on the same level there can be a ranging market or a strong uptrend opens with a gap up there can be a sudden reversal after sometime opens gap down breaking current channel pattern the can be a retest then a major fall
The current trend is about to be broken Possibility's There can be a retest if it opens low with a gap up If it opens at the neat the prev close or gap up then there can be strong uptrend
The current trend is broken Possibility's There can be a retest if it opens low with a gap up If it opens at the neat the prev close then there can be range market then breakout If it opens high with a gap back inside the trend channel there may be an uptrend
We can see the start of a breakout towards the upside. Reached highest ever, shows a very strong bullish signal Two possibility If the market opens with a gap up will see a fall back to the same then will go up if the market opens near to close, there probably can see a small range then break out
We can see the start of a breakout towards the upside. Two possibility If the market opens with a gap up will see a fall back to the same then will go up if the market opens near to close, there probably can see a small range then break out