Its seems bearish as it retraced back from 0.5 fib level and as clear from COT data lot of short positions are formed, during pullback, t get the good price , a very traditional method of pyramiding , target can be last low , it can move further as well.
If Tomorrow market opens flat and taking support 16588 and form a strong green candle go long for 50 -60 Points OR
If Market opens Gap Up above 16645 and forms strong green candle go long. Or open gap up on 16645 and faces resistance and taking support on today high then go long If Market Open Gap Down then above 16690 and form green candle go long or level breaks...
If Tomorrow market opens flat and taking support 35580 and form strong green candle go long for 150 - 200 Points OR
If the Market opens Gap Up above 35800 and forms a strong green candle go long. Or If Market Open Gap Down then above 35340 and taking support then go long and if 35340 level breaks go short
Bank NIfty Resistance 35800 36250
Bank Nifty Supports...
If Tomorrow Market open flat and go sideways taking support at 166335 then go long for 50-80 Points or if this level breaks then go short for 100-120 Points
If Market Open big gap up below 16580 then faces resistance then go short or breaks this level then go long for 80-90 points
If Market open Gap down above 16336 taking support then go long with a...
If Tomorrow market open below 34980 and form big red candle then go Short for 100-150 Points
If Market Open flat on last day market close and form 15 green candles then go long with small quantity and if 35300 level breaks add more quantity as per your risk management.
If Market open a big gap down above 34670 and market go long if green candle form
If tomorrow market open flat or gap up and form green candle go long
If faces resistance at 16465 and take support 16375 go long if this level breaks go short for 50-60 points
Market goes sideways avoid trade (avoid trade if risk ratio is high)
Our Analysis is purely based on price action.
Nifty Next Target if the bullish trend continues
If market open Gap Up above 36240 and form green candle go long for 100-120 point. you can also wait to breaks 15 min high then take an entry
If Market Open Flat and faces resistance at 36240 then go short if 36130 for 20 to 30 points and you can avoid if your risk ratio increase
If Market open Gap Down above 35750 and 15 min green candle high breaks go...
If tomorrow market opens flat then go long if the market takes support 16230 if this level break then go short for 20-50 Points
If Market Open gap up and breaks yesterday high and sustain go long otherwise go short if 15 red candle low breaks
If Market Open gap down above 16180 then go long if faces resistance then don't trade only go long if buy signal...
If Tomorrow market open gap down above 35760 and sustain then go long if not then short for 100-120 Points
if Market open flat and breaks 36200 level and 15 min candle close above 36200 then go long if high breaks for 150-200 Points
If Market so sideways then only take if the given level breaks
]Major Resistance:- 36200-36700
Major Supports- 35450-...