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. DSIJ Intelligence-3 / Thursday, July 7, 2022 0 491 Article rating: 3.2 On Wednesday, Bank Nifty jumped 1.5 per cent and closed decisively above the important psychological mark of 34,000. Read more
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. DSIJ Intelligence-3 / Wednesday, July 6, 2022 0 502 Article rating: 4.4 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. Read more
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. DSIJ Intelligence-3 / Tuesday, July 5, 2022 0 590 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. Read more
Will Bank Nifty continue its resilient act? Know key levels for the day! Will Bank Nifty continue its resilient act? Know key levels for the day! On the weekly chart, it’s undergoing the formation of a dark cloud cover-like candlestick pattern. DSIJ Intelligence-3 / Friday, July 1, 2022 0 475 Article rating: 5.0 Bank Nifty was observed to be resilient on a monthly expiry day as it gained nearly half a per cent. Read more
Bank Nifty bulls need to battle hard to recapture its important psychology mark of 34,000! Bank Nifty bulls need to battle hard to recapture its important psychology mark of 34,000! Any negative opening and slipping below the 33,600 level will have a bearish implication. DSIJ Intelligence-3 / Wednesday, June 29, 2022 0 468 Article rating: 4.0 On Tuesday, Bank Nifty ended with a loss of half a per cent. It opened at 33,578 and closed at the level of 33,642. Read more
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. DSIJ Intelligence-3 / Tuesday, June 28, 2022 0 495 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
Bank Nifty ends its three-week losing streak; can bulls capitalise on the positive move of last week?! Bank Nifty ends its three-week losing streak; can bulls capitalise on the positive move of last week?! Bank Nifty jumped 2.7 per cent last week and formed an inside bar on the weekly timeframe. DSIJ Intelligence-3 / Monday, June 27, 2022 0 423 Article rating: 5.0 Bank Nifty may open positive. After an hour, if it trades above 33,840, it’s a positive sign that may test 34,340. 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. DSIJ Intelligence-3 / Friday, June 24, 2022 0 499 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. DSIJ Intelligence-3 / Thursday, June 23, 2022 0 555 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. DSIJ Intelligence-3 / Wednesday, June 22, 2022 0 526 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. DSIJ Intelligence-3 / Tuesday, June 21, 2022 0 545 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
Nifty snaps six-day losing streak; HDFC, HUL and Asian Paints emerge as top gainers Nifty snaps six-day losing streak; HDFC, HUL and Asian Paints emerge as top gainers Nifty FMCG & Nifty IT gained momentum and closed higher. However, Nifty Metals along with Nifty PSU Bank witnessed severe profit booking. DSIJ Intelligence / Monday, June 20, 2022 0 1954 Article rating: 4.8 Indices traded with volatility throughout the day while Nifty closed higher by 0.37 per cent. Sensex gained about 237 points while Nifty Midcap and Nifty Smallcap witnessed heavy profit booking as they plunged 2.26 per cent & 3.20 per cent, respectively. Read more
Can Bank Nifty lift the spirits of bulls? Know the key levels to watch out for today! Can Bank Nifty lift the spirits of bulls? Know the key levels to watch out for today! A move above 32,890 is positive and it can test 5-EMA of 33,189. DSIJ Intelligence-3 / Monday, June 20, 2022 0 507 Article rating: 5.0 After a sharp decline, Bank Nifty was able to close in the green on Friday. It closed at the lowest level after May 2021, which is below the prior swing low. Read more
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. DSIJ Intelligence-3 / Friday, June 17, 2022 0 523 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. Read more