BANKNIFTY (creating a (pole and flag ) setup on hourly chart

13. Juli 2023

BANKNIFTY (creating a (pole and flag ) setup on hourly chart

so target is equal to pole
if break the flag on upside

so my view long if flag breaks upside
than target 47000 is possible in comming days

if you think this idea is use full
please like and share and follow
thank you for reading my idea
if found any related query allow me to answer

i am not a sebi registered analysist
this is just my observation for practice and learning purpose
of chart reading and try to understand the price action trading
thank you

13. Juli 2023

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13. Juli 2023

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daily Rsi setup
Rsi trading at 55.6

13. Juli 2023

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13. Juli 2023

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Daily macd setup

13. Juli 2023

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13. Juli 2023

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daily bollinger band setup

13. Juli 2023

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13. Juli 2023

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BANKNIFTY daily simple moving average setup
SMA 20 > SMA 50
SMA 50 > SMA 100
SMA 100 > SMA 200

14. Juli 2023

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gap up today

14. Juli 2023

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14. Juli 2023

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200 point profit running for now

17. Juli 2023

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850 point profit in two session only

18. Juli 2023

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1200 point profit running for now

20. Juli 2023

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1400 point profit running for now in bank nifty

23. Juli 2023

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Bank Nifty highest weightage stock current performance

Hdfc Bank = Life High
Icici Bank = Life High
Axis Bank = Life High
State Bank = Life High

Kotak Bank = 12% Less from life high
Indusind bank = 31% Less from life high