#banknifty back into action one 5 min candles 100 points moves we are mildly bearish below 38350 #sellonrise
#sellonrise is working nicely on index as #banknifty is back to days low with only #hdfcbank and #pnb in green rest all #banknifty constituents in red
#maruti breaks crucial support 7834, next major support 7462 it #sellonrise until it crosses 7834
Hourly and short term data om index #nifty #banknfity indicates some selling pressure on the upside so its #sellonrise on short term
Bank Nifty breaks important level 48100, trend bearish, switch to #sellonrise, can see 47000 or below in 1-2 trading sessions.
#sellonrise just one indicator SELL at each high of envelop #elliotwave
Both index #nifty #banknifty are making lower high and descending triangle pattern can see lower level. Bank and IT sectors is showing weakness. Most stocks in red led by #techmah #sellonrise
#nifty "point & figure chart" indicates the breakdown of important level 21965. Now #nifty is in the #sellonrise, until it holds 22075. Detail analysis follows in the next part which suggest important possibility of #banknifty and major #nifty stocks and their levels. Stay in touch.
#sellonrise works perfect with index #banknifty 46570 now down -200 points from high keep an eye on the crucial level 46520
Is #nifty ready for another dip? Don't be surprised if it opens the gap down to 22800 and continues to dip further. Use any small recovery to #sellonrise