As we can see despite the weakness, NIFTY managed to sustain itself and has closed in more like inside candle structure. Any closing above previous day could result in new ATH for NIFTY so plan your trades accordingly.
as we can see BANKNIFTY has finally achieved its new ATH surpassing NIFTY in terms of market strength but has formed an alarming structure. it can be seen in more like rising wedge pattern and it got rejected recently by the trendline resistance hence as long as BANKNIFTY manages to sustain itself above 49000 mark being a psychological level, every dip is a buying...
as we can see despite the strong opening, NIFTY managed to remain more like sideways to bullish which was surpassed by BANKNIFTY as it rallied over 1.5 percent but closed at important median hence we can expect NIFTY to remain sideways to negative tomorrow till it is below and trading along the median so plan your trades accordingly.
as we can see despite the strong trend, NIFTY failed to close above our median and got rejected leading to unidirectional fall. Hence as long as NIFTY couldn't maintain itself above the given median, we can expect more of sideways to negative market so plan your trades accordingly
as we can see NIFTY moved strong after breaking inverted head and shoulders pattern as analysed in our previous post and has also closed strong. now following the global cues, we can expect NIFTY to open weak but as long as we are above 22525 mark every dip is a buying opportunity so plan your trades accordingly.
As we can see NIFTY got rejected exactly from the median as analysed in our last post. We still expect NIFTY to remain sideways to negative below the median unless it breaks and sustains above hence we can expect a good upmove if breaks above as it can be seen forming more like an inverted head and shoulders pattern so plan your trades accordingly guys.
As we can see despite the strong opening around our given levels provided in our previous post it fell and remained sideways to negative throughout the day and hence is expected to remain the same unless NIFTY breaks above the median of the channel. We may see new ATH in NIFTY if it closes above the median and our important zone till then we can expect sideways to...
As we can see NIFTY though opened strong but fell through eventually it recovered and has formed more like a hammer candlestick pattern showing the dominance of buyers hence till NIFTY maintains itself inside the zone, every dip is an buying opportunity. Now we can expect NIFTY to reject at given levels as this level had been an median between the channel and...
As we can see despite the weak opening NIFTY recovered strongly and manages to close itself inside the trendline which shows the structure is still intact. Now next eminent resistance can be seen is around 22200 level which has been acted as a level of indecision for quite some time now hence we may expect NIFTY to reject around those area till it finally breaks...
As we can see NIFTY has finally reached its psychological level of 22000 and also reached trendline which had been followed and acted as resistance ever since. As long as we are above the trendline , we may expect NIFTY to remain sideways to bullish but the trend would change instantaneously if it breaks below and we may see a huge downfall in NIFTY so plan your...
As we can see NIFTY can be seen heading towards important psychological level and also the trendline which had been acting as a SUPPORT since last month now. Now till NIFTY sustains itself above our trendline SUPPORT, every dip could be a buying opportunity but if fails to take support then we may see a panic selling in market so plan your trades accordingly.
As we can see NIFTY opened and had been weak throughout the day as analysed in our previous post and managed to sustain itself below the middle quadrant of the channel hence we can expect another fall till 22000 which is its next upcoming DEMANND ZONE and PSYCHOLOGICAL LEVEL hence till NIFTY maintains itself in the base quadrant, we can expect NIFTY to remain weak...
As we can see NIFTY started to get rejected exactly from our given trendline as analysed in our previous post. Now we can see NIFTY heading towards 22400 which is also a psychological level but if NIFTY opens even weaker then we can see NIFTY heading towards 22000 being final support so plan your trades accordingly.
As we can see NIFTY is heading towards important trendline resistance which has been followed since last few months now. But as long as NIFTY doesn’t closes and sustains above the given trendline, we are bearish and we can expect NIFTY to show another retracement making another shoulders for completion of inverted head and shoulders pattern for another LIFE TIME...
As we can see NIFTY is now trading at higher level of channel and we also saw signs of weakness around that. Hence further unless NIFTY manages to break this channel and sustain itself above, we may see NIFTY being weak to sideways in coming trading sessions so plan your trades accordingly.
As we can see NIFTY made another ATH back to back after breaking out of an inverted head and shoulder pattern, we also saw a new ATH for BANKNIFTY as analysed in our previous post. Now BANKNIFTY has formed more like an indecision cancel and NIFTY closed at important zone followed by a rising wedge pattern which is also a bearish pattern hence any break of the...
As we can see BANKNIFTY is just couple points away from its ATH mark as we had been analysis since last posts. Now any strong opening will bring up new ATH for BANKNIFTY. Now the question arises whether BANKNIFTY can hold its level or not! If YES which has majority changes as the election is coming and the most obvious news is yet to be factored in, then we can...
As we can see BANKNIFTY show brilliant move despite opening strong. Now it can be seen getting rejected around 48000-48100 levels which is also a psychological level hence if BANKNIFTY manages to sustain itself above 48100 level then we may see 50000++ so plan your trades accordingly.