Bank Nifty forms a bearish belt hold candlestick pattern; know the significant support level to watch out for! Bank Nifty forms a bearish belt hold candlestick pattern; know the significant support level to watch out for! Bank Nifty has formed a bearish candle and took support at the MA ribbon. Karan Dsij / Tuesday, June 28, 2022 0 416 Article rating: 5.0 Bank Nifty found resistance around the 20-DMA and thereafter, it declined 400 points from the day’s high before settling with a modest gain of over half a per cent. Read more
Find out which level is crucial for Bank Nifty after a volatile day! Find out which level is crucial for Bank Nifty after a volatile day! he current price structure has taken shape of a pennant-like pattern, which is a continuation pattern. Karan Dsij / Friday, June 24, 2022 0 419 Article rating: 4.3 Bank Nifty has formed a long-legged small body candle. After over 800 points of volatility, it failed close above the 8-EMA. Read more
Is Bank Nifty ready for an impulsive move? Know the crucial levels to watch out for intraday trades! Is Bank Nifty ready for an impulsive move? Know the crucial levels to watch out for intraday trades! Unless it closes above 33,110, it is better to avoid long positions. Karan Dsij / Thursday, June 23, 2022 0 481 Article rating: 4.0 Bank Nifty on Wednesday closed in negative terrain and confirmed the previous day's shooting star candle. It has also moved below the previous day's low during the day. Read more
What does a sharp profit booking in the last leg of trade indicate for Bank Nifty? What does a sharp profit booking in the last leg of trade indicate for Bank Nifty? In the last leg of the trade, profit booking emerged and Bank Nifty slipped over 400 points from the day’s high, resulting in the formation of a shooting star kind of a candlestick pattern on the daily chart. Karan Dsij / Wednesday, June 22, 2022 0 439 Article rating: 4.8 Bank Nifty opened around the 33,000 mark and made a low of 32,800 but at lower levels, buying interest was seen. Read more
Why Tuesday's session is significant to watch out for Bank Nifty; know here! Why Tuesday's session is significant to watch out for Bank Nifty; know here! Keep a close watch on Tuesday's price action as we could see this counter-trend rally extending for the next couple of trading sessions if it gets the confirmation of a hammer candle. Karan Dsij / Tuesday, June 21, 2022 0 465 Article rating: 4.8 Bank Nifty moved above the prior day's high but it failed to sustain at higher levels as profit booking emerged at higher levels. Read more