Comparison between Nifty 50, Nifty Mid Cap 50, Nifty Small Cap 50, Nifty 500, Bank Nifty after it made a bottom on 24th March as we can see Small Cap clearly outperforming Benchmark Index and Bank Nifty underperforming the overall broader market.
Pattern Break Level at 11914.25 In Weekly Time Frame.
as per calculation PCL' also 11913.70.
In DN move 1st Hurdle near 11601.
Near Bullish GAP at 11499.65 - 11486.45 (Treat as Strong Support).
Fut & Spot levels mentioned 7 plotted on chart.
Notice Premium in NF (+ 56.55 point) Near all time High.
Smart Investor / ........... may take arbitrage opportunity.
CRUCIAL Tnd line for coming week 11590 - 11605 (treat as RESISTANCE).
before that 11581 strong hurdle.
Previously CLOSED below All the time (Except One Instance).
Choppy Trading Band: 11581 - 11543 (Spot)
Immidiate bullish Gap at 11500 - 11486, act as Support.
Closing Below Weakness comes.
.... rest detailed plotted on chart.
Mentioned Weekly Fut Levels upto...
In hourly chart, consolidation Ends with "DOJI"
In 4 hourly chart Last Candle "DOJI", before that long body Red Candle => Blue Body candle.
27945 looks Crucial.
.....rest levels mentioned on chart.
In Last trading day mentioned "28309 looks Crucial"
made High Near that level. Watch snapshot.