Expiry is expected well above 21400 Above 21260 toady’s resistance will be 21310_21360 & 21410 Below 21190 today’s supports will be 21140_21090 & 21020 Weekly BN supports are 20890_ 20758 & 20650 Weekly Resistances are 21350_ 21490 & 21585
Comments
snbaluu
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Excellent views on nifty and bank nifty
somisettys
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Hi ..In ur earlier analysis..u said after reaching high of 21350 it will come back to 20500 [min tgt of 38% retracemet] so thats intact or it will go 21500+..In nifty it will be great if u mark waves. YEs Ur mentioning below but on the graph will make much easier for learner like us :) Good Analysis :)
padiyara
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@somisettys, when the reality is in front of you, why you want to go back. market is dynamic, it go on changing every moment,
those levels were expected but on 22nd March it supported 20750 in BN and that move is end there. we can expect a reversal to that level again.
Waves counts are difficult at this stage with many possibilities,Nifty from 7894 is jumping up with out any major correction, like "A wave" .
Once the clarity emerges about a pattern , we will again start counting the minute wave with more accuracy.