Bank Nifty on the verge of trendline breakout; know the key breakout level!
Bank Nifty on the verge of trendline breakout; know the key breakout level!

Bank Nifty on the verge of trendline breakout; know the key breakout level!

A move above 34,355 is positive, and it can test 34,565. However, a move below 34,200 is negative, and it can test 33,980.

Karan Dsij Article rating: 3.2

On Wednesday, Bank Nifty jumped 1.5 per cent and closed decisively above the important psychological mark of 34,000.

Bank Nifty caught between rock and a hard place; 21-EMA is crucial!
Bank Nifty caught between rock and a hard place; 21-EMA is crucial!

Bank Nifty caught between rock and a hard place; 21-EMA is crucial!

Bank Nifty took support at 21-EMA for the day, which is placed at 33,815. A decline below this will be negative for the index.

Karan Dsij Article rating: 5.0

After a solid start, Bank Nifty registered an intraday high of 34,361; however, it fell from grace and declined sharply by 600 points from the day’s high.

A perfect set-up for Bank Nifty to extend its gains! Know the key levels for the day!
A perfect set-up for Bank Nifty to extend its gains! Know the key levels for the day!

A perfect set-up for Bank Nifty to extend its gains! Know the key levels for the day!

The price structure looks bullish for now as the index has formed a sizeable bullish candle and decisively, closed above the 20-DMA.

Karan Dsij Article rating: 5.0

Monday’s trading session turned out to be a marvellous one for Bank Nifty as it closed with gains of over 1 per cent i.e. above the sloping trendline resistance and marked its highest closing level after June 13.  

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 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 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.

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!

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 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.

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!

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 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.  

Bank Nifty closed below its prior swing low; what next?
Bank Nifty closed below its prior swing low; what next?

Bank Nifty closed below its prior swing low; what next?

Bank Nifty futures volume indicates massive selling pressure.

Karan Dsij Article rating: 5.0

On Thursday, Bank Nifty declined by a humongous 722 points or 2.17 per cent. With this sharp fall, it closed below its prior swing low, which was last marked in mid-May.

Bank of Baroda becomes the top-performing bank of 2022 so far!
Bank of Baroda becomes the top-performing bank of 2022 so far!

Bank of Baroda becomes the top-performing bank of 2022 so far!

Among the banking stocks, despite the overall bearish sentiment, the shares of Bank of Baroda have taken the top position zooming 21.9 per cent on a YTD basis.

Shreya Chaware Article rating: 5.0

The equity markets are having a tough time due to a global selloff that intensified owing to the US inflation print that led the Federal Reserve to the monetary tightening. On June 13, the market ended deep in red with benchmark indices losing more than 2.5 per cent each. At the same time, Nifty Bank dipped more than 3.1 per cent underperforming the benchmark indices. RBL Bank faced the worst hit after RBI appointed R Subramaniakumar as its new MD & CEO for RBL Bank. The stock crashed 22 per cent in a single day putting a major drag on the banking index. 

DSIJ MINDSHARE

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