Support and Resistance - EMA

Pradeep Muthappa

02/05/2018 0 0

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Banknifty opened Gap up @ 22700 and then achieved all our bullish targets of 23900/23000. But the upmove was very choppy and looked like a terminating pattern and was not easy to trade. So I did not take...

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BankNifty Update For Jul-10, 2020

Banknifty opened above 22700, our level for long entry and completed target of 22900. It was rangebound throughout the day between 22700 and 22900. Only in the last hour, it moved sharply towards 23000...

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On Jun-26, Banknifty traded in a range of 21800-21300. The daily chart shows the possibility of the formation of a wedge structure. The bearish divergence on the MACD histogram reinforces this wedge possibility....

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