WANT TO BE A SUCCESSFUL TRADER or INVESTOR? LEARN FROM EXPERTS | CALL: +919108911590 | Info@tradingcoach.co.in

Tag Archives: Bank nifty EOD Chart

Bank Nifty Price action is moving higher whereas the momentum is diverging

Bank Nifty shows diverging price action and Momentum of the Trend

By Trading Predator August 17th, 2018 No Comments

The sentiment in Bank Nifty might change in coming weeks as Bank Nifty shows a wide divergence between bank nifty and Momentum. Index prices are making higher highs whereas momentum measured by MACD is stagnating without any direction. It’s a representation that trend is getting weak. As a rule of thumb, momentum must precede price

Bank Nifty Price action testing the Critical support zone

Bank Nifty – Price action testing the Critical Support Zone

By Trading Predator March 7th, 2018 No Comments

In my previous article on Bank nifty, I have pointed out that Structural support zone at 24000 – 24500 is important to determine future market direction. It’s essential to watch how market prices are going to behave around the zone. Now Price action is testing that critical support zone, we might see volatile market moves