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As we can see NIFTY is now trading at important trendline SUPPORT and despite the strong downfall, we saw NIFTY taking support from the trendline and structure. As long as NIFTY maintains itself above the structure, every dip is an buying opportunity till it finally breaks down which could lead to 300-400 points downfall in single day so plan your trades accordingly.

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As we can see BANKNIFTY has finally reached our demand zone which has been discussed previous day! If BANKNIFTY manages to take support here then we may see a strong REVERSAL else any closing below this zone may lead to the fall till 47500 so plan your trades accordingly

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BANKNIFTY can be seen getting rejected from the median and next eminent support can be seen around the gap which can be filled and acted as a support for new upmove for new ATH so plan your trades accordingly

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As we can see after strong rally BANKNIFTY finally got rejected from our supply zone which has been marked as a median making BANKNIFTY indecisive now but as soon as BANKNIFTY breaks above we may see 50k mark in no time leading to new ATH so plan your trades accordingly.

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As we can see NIFTY has formed more like an inverted hammer candle in daily time frame which shows signs of weakness but we must stick to the main trend and look for buying opportunities hence as long as NIFTY maintains itself above 23000, the trend continues so plan your trades accordingly.

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As we can see despite various volatility NIFTY managed to breached ATH with immense strength and closed strong. We can also see it has broken off a structure formed like W hence we may expect NIFTY to continue its rally till its upper band of 22300 where it might face resistance so plan your trades accordingly.

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As we can see despite the weakness in BANKNIFTY, we saw continued strength from NIFTY and it is likely to stay strong till the election are declared hence we may see few more new highs so plan your trades accordingly.

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As we can see despite the breakdown in the daily time frame, it managed to recover almost 500 points and kept on rallying. Despite the weak opening of both the index, it rallied and looks like heading towards new ATH. Hence as long as NIFTY is above the structure we may see few more couple of new highs in NIFTY before 4 June so plan your trades accordingly.

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As we can see despite NIFTY hitting new highs! BANKNIFTY has been falling behind but we can now expect BANKNIFTY to catch up to NIFTY anytime sooner so plan your trades accordingly.

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As we can see despite its strong opening, we saw huge fall of over 500++ points with strong recovery closing at day’s high which shows the overall trend is strong bullish hence till the structure is maintained! Every dip could be bought without being scared so plan your trades accordingly.

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As we can see BANKNIFTY remained more like sideways to negative throughout the day after rallying for past two days. We can expect further rally from here till it maintains itself above the structure so plan your trades accordingly

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As we can see BANKNIFTY continued its rally as expected and analysed in our previous analysis. Now we can expect BANKNIFTY to further continue its rally till the given level which could act as a good resistance as the gap has not been respected which can act as an order block so plan your trades accordingly.

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As we can see BANKNIFTY exactly reversed from our given trendline as analysed in our previous post. We also saw multiple signs of rejection from the trendline and we did see a great 500++ point recovery from there. Now based on the candle formation , we can expect BANKNIFTY to rally more of 1000-2000 points in coming trading sessions so till results are declared...

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As we can see BANKNIFTY has not yet breached the lower trendline despite NIFTY’s weakness which has breached the lower channel. Though BANKNIFTY is yet to take support at lower trend line, we may expect BANKNIFTY to show REVERSAL from given zones hence any signs of REVERSAL at the trendline could be a good buy keeping SL closing basis below the trendline so plan...

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As we can see NIFTY broke down our channel and fell unidirectionally despite our view being on the buy side as we expected a strong REVERSAL from given levels. Now we can see it has formed more like a marabozu candle in daily time frame showing weakness hence if NIFTY opens weak to flat then we may see another strong downfall else if opens strong and inside the...

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As we can see NIFTY despite its weakness managed to close itself in green and inside the trendline as expected and analysed in our previous analysis. Now we can start making new long positions keeping SL at the lows of previous candle for a minimum of 1:3 positional basis. Plan your trades accordingly.

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As we can see we saw the bearishness we expected and analysed in our previous post. We also saw it taking support at our trendline which could possible act as a strong SUPPORT and hence as long as NIFTY is taking support we can see a strong upmove. No donwside can be planned now as long as the structure is maintained so plan your trades accordingly

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As we can see NIFTY had been sideways to negative as analysed in our previous analysis . Our view remains the same as long as NIFTY maintains itself below the median hence we may see more of correction till 22150 which is expected to act as a good SUPPORT being a GAP where supposed REVERSAL can be expected so plan your trades accordingly.