Auf geht's
finnova_

BankNifty Breakout prediction for today 29 Nov 23

Long
Nifty Bank Index (NSE:BANKNIFTY)  
finnova_  
NSE:BANKNIFTY   Nifty Bank Index
Trend Analysis Chart Patterns Technical Indicators BANKNIFTY bankniftytradesetup bankniftytrend bankniftyanalysis bankniftyview bankniftytrading bankniftylevels bankniftyintradaylevels bankniftyoptions
16
0
trendanalysis chartpattern indicator banknifty bankniftytradesetup bankniftytrend bankniftyanalysis bankniftyview bankniftytrading bankniftylevels bankniftyintradaylevels bankniftyoptions
As we discussed yesterday, Banknifty moved to upside and took a retrace and again continue the bullish momentum. By looking the chart and OI data Banknifty is highly likely to move in the up direction.
Reasons:
  1. BANKNIFTY break the range by making inverted HNS pattern. (Bullish)
  2. RSI has broken to upside and retraced. (Bullish)
  3. Price > EMAs (Bullish)
  4. EMAs golden crossover. (Bullish)
  5. PCR = 1.12 (Bullish)

Verdict:
Bullish

Plan of action:
Sell 43900 PE and Buy 44000 CE
Finnova
Where Finance meets Innovation

Ähnliche Ideen

finnova_
Banknifty prediction for 5th Dec 23
finnova_
Is Nifty fall near? prediction for tomorrow 5th Dec 23
finnova_
NIFTY Bull prediction for tomorrow
finnova_
BankNIFTY prediction for tomorrow
finnova_
BankNIFTY weekly prediction for 6th Dec Expiry
finnova_
NIFTY breakout prediction for today 29 Nov 23
finnova_
BankNIFTY prediction for tomorrow 28th Nov
finnova_
BHANSALI ENG POLYM Breakout prediction long opportunity
finnova_
RICAUTO Breakout analysis on 22 Nov
finnova_
Sequent swing bullish Prediction
Haftungsausschluss

Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.