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 / Thursday, July 7, 2022 0 453 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
After a dashing performance on Friday, D-Street bulls likely to put their hope on Bank Nifty; know why! After a dashing performance on Friday, D-Street bulls likely to put their hope on Bank Nifty; know why! A move above 33,670 is positive and it can test 33,900. However, a move below 33,400 is negative, and it can test 33,150. Karan Dsij / Monday, July 4, 2022 0 331 Article rating: 4.5 Bank Nifty has closed flat to negative on a weekly basis. On the weekly chart, it has formed a bearish candle as its closing was below the opening level but carries a long lower shadow, which indicates buying demand at lower levels. 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. Karan Dsij / Friday, July 1, 2022 0 446 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. Karan Dsij / Wednesday, June 29, 2022 0 430 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. Karan Dsij / Tuesday, June 28, 2022 0 461 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. Karan Dsij / Monday, June 27, 2022 0 397 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. Karan Dsij / Friday, June 24, 2022 0 464 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
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 0 508 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
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. Karan Dsij / Monday, June 20, 2022 0 475 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. Karan Dsij / Friday, June 17, 2022 0 490 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