Hello, On the weekly chart, BNF broke major Demand Zone @ 29850-30250. On a weekly basis, if it will sustain below 29850 then it may be seen 29500-29000-28500. The downtrend may reverse if it will sustain above 30250. Otherwise, every bounce will be a selling opportunity. Tread Well.
Hello, On Nifty weekly chart major strong demand zone @ 11580-11430 and strong Supply Zone @ 11830-11960. I am expecting the Nifty trading range will be between these zones. Nifty Trend Line Support and Resistance area is getting narrow. In the coming days, I am expecting the Nifty in a wide sideways range.
Educational Purpose Only.
Educational Purpose only.
Educational Propose.
Price action is bullish as long as it holds the trend line
Hello, Bank Nifty Major Demand Zone @ 29580-29660. If it will sustain below this zone then 1000 point downside range will open but my seance is that it will hold this zone. On the upside Next Supply Zone @ 30000-30120. On Monday, I want to see in the first 30 mins to 1 hour that I want to see it's trading range then only I will make any trading plan. Trade Well
We will upload video too.
Reliance has formed a clear Bearish Engulfing on the weekly charts, with a triple top on Daily charts. looks like pretty bearish..
HDFC LIFE has most probably formed a double top. support levels are marked with blue lines..