Banknifty opened Gap Down and continuously moved down. In the last two days, it almost falls more than 1200 points. We can capture this move from nearly the top of 23000. The daily chart shows Banknifty...
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....
Banknifty opened Gap up 400+ points, and then there was not much of trading opportunity as it was rangebound throughout the day. There is still a possibility of upmove towards 22500/22700, but the daily...
Today's move was very volatile. Banknifty opened the Huge gap up, almost 600 points, and made top @ 20638. But could not sustain and fall 1000 points making low @ 19507. It made Double Bottom Pattern on...
Banknifty crossed the first hurdle of 20400 and closed above it. 20400 is a significant number for Banknifty as it is a 3-digit Gann Degree Number for Banknifty. The price structure on the Daily chart...