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

Tag Archives: Bank Nifty

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

Price action at Next Support zone is the temporary hope for bulls

Bank Nifty Price action – Next Support zone is the temporary hope for Bulls

By Trading Predator February 21st, 2018 No Comments

Market prices are always driven two by major emotions called as “Greed” and “Fear”, Out of the two Fear is more powerful than greed. Price action of Bank nifty is a recent example of this adage! In the last month (that’s during Jan 2018) Bank Nifty rallied from 24800 to an all-time high of 27600.

Nifty PSU Bank Index - Price action rallied after recapitalization plan

PSU Banks – Price action shows the Optimism of Government Stimulus

By Trading Predator October 25th, 2017 No Comments

On pleasant Wednesday morning, when traders just started the day, markets took them to edge of their seat. Government owned banks rallied massively, NSE Nifty PSU Bank Index (Index composed of major PSU banks and tracks the overall performance of PSU Banking sector) soared 24% intraday. Bank Nifty Index, SBI, PNB, Bank of India and

Price action broke the bearish trend line – Buyers must defend the zone to prove their strength

Bank Nifty Price Action Trading – Breakout at Trend line

By Trading Predator October 26th, 2016 No Comments

Despite lackluster fundamentals, banking sector stocks have performed poorly from early September till mid October because of corrective downtrend in Bank Nifty. The down trend line persisted from September and price action traded in respect to the trend line perfectly. But the prices rebounded as we near the end of October. Market took support at

Nifty Price action trading

Bank nifty traders should focus on Trend line resistance and Price action

By Trading Predator June 16th, 2016 No Comments

Trials are blazing in bank nifty as market is putting an uncertain show for short-term traders. Why price action is playing a chit-chat choppy game in Bank nifty? There are many reasons to point out from monsoon to Br-exit referendum. But it is better to fix all the reasons in one group called as “Macro”.