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 / Wednesday, July 6, 2022 0 466 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. Karan Dsij / Tuesday, July 5, 2022 0 559 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
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
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
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 0 524 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 0 488 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 0 508 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 forms an inside bar: What should be your strategy, find out here! Bank Nifty forms an inside bar: What should be your strategy, find out here! As it formed two consecutive shooting star candles, the weightage is on the downside. Karan Dsij / Thursday, June 16, 2022 1 623 Article rating: 4.8 Bank Nifty ends its three-day losing streak on Wednesday and settled with minuscule gains of 0.08 per cent for the day. Read more