#BankNifty futures on short term charts
CMP 36487 - powerful bullish patterns
More from DTBhat
Conditions -
1) EMA 8 below ema 34 and falling
2) bar close below prev 5 bars
3) RSI below 30
4) volume above prev 5 bars
5) ADX above 30
6) +DMI below -DMI
All conditions should be true
The thread explains my momentum scanner and how to build it in #TradePoint software. @Definedge
— DTBhat (@dtbhat) August 29, 2021
Conditions :
1)EMA 8 above EMA 34 and rising
2)Candle close above previous 5 candle high
3) RSI above 60
4) Volume above previous 5 candles
5) ADX above 30
1/n
some recent highs taken out - watching for a close above 774
Also daily chart on 0.25% box size https://t.co/zjVX8UIXBq
#ICICIBANK chart is interesting.
— DTBhat (@dtbhat) July 10, 2022
On Renko charts - probable multi brick breakout on higher box size (3%) above 774 (on closing basis)
On P&F charts (3% boxsize) a probable triple top buy above 774
On shorter TF closing above 774 gives a close above 45 degree TL https://t.co/2xq4xumRgz pic.twitter.com/mULPwYdkv7
More from Banknifty
Look how it took support of the upward sloping black trendline https://t.co/mhqkIzBkQN
#BANKNIFTY
— Nikita Poojary (@niki_poojary) February 6, 2022
\U0001d403\U0001d41a\U0001d422\U0001d425\U0001d432 \U0001d413\U0001d405: 38855 is the BO level on daily TF which was taken out on Feb 2 & if BNF sustains above 39500 level in the coming week then we can see a fresh leg of upmove
Formation of rising wedge i.e. HH & HL pattern
S/R on daily mentioned pic.twitter.com/liaqfEezkW