Nifty as predicted has consolidated whole day and closed almost flat. The markets are holding the level of 17000. Though, on the intraday basis the market broke the level but regained it quickly. Nifty has given a fake out below the 17000 levels. On 15 minute time frame, market took resistance from its 20 ema and closed just below the level. Support :-...
As discussed y'day , put premiums are on heavy side and it won't be easy to stop writers from shorting them. Puts closed on lower side despite index going in red. Bank Nifty found support near 38200 with some local buying happening in last hour. Decision range 38427-38633 Resistance for the day 38911 Support for the day 37993 Expectations / trading...
Bank Nifty 30 Mins chart Analysis. The Price target for this Double top was the height of the Top. Short trade was taken after the break of neckline and targets for the same are nearly done. * It is my Analysis and not a recommendation of Buy or sell.
NIFTY: 17000 - NIFTY has managed to hold the gap that was created back on 29 July 2022. - Gap support: 16950-17000 - 50% Fibo support: 16640 Need some water, exhausted from finding support.😂
another hit day plz like,boost to appreciate our ideas== #banknifty call above 38850 tgt-39000\41000 #banknifty put below 38400 tgt-38200\38000 sl keep 100 points atleast *indian market is still strong ,in coming days #banknifty will reach the level of 41000+
The global market indicates a positive start. Market nature is bearish to slightly bullish. Market may open a little bit gap-up. If the market breaks the previous day minor high, we will expect a minor pullback. min( nifty 38 to 50% and BN 23 to 38%. if the market rejects after that pullback, we will expect a trend continuation means, a minor 5th correctional...
Today's will be gap up opening in banknifty . After opening if banknifty sustain below 38950 level then expected downside go upto 38550 level and this can be extend for downside upto 400-500 points in case banknifty starts trading below 38450 level. in case banknifty starts trading above 39050 level expected upside go upto 39450 level.
Expectations for Today: Volatile Day. Intraday Levels: Buy Above - 38870 Sell Below - 38480 To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
Stock has witnessed selling pressure from the previous swing resistance on the daily chart and formed a Bearish reversal candlestick pattern which is know as Three Black Crows. Prices have also broken the rising trend line established from Jun'22 low of INR 618.25 which suggest that prices may face more weakness in the coming days.Hence any retracement from the...
Banknifty Possible Trade in Option Day Trading Major Support Zones For BankNifty On Tuesday First Support Zone For Nifty – 38427 Second Support Zone For Nifty – 37942 Third Support Zone For...
Nifty: We could have completed wave 3 (c) ? Possibility we would the level marked @16815 before moving up. Bank Nifty: Marking for wave 4 has been done by me chart shared. HOMEWORK: One can do the previous marking till wave 4 (Self Learn) SPX: We are not into SPX however, I am sharing chart for learning purpose. I strongly feel 200 MA will act as the...
Hello Traders, Welcome to SriTrader5121 BankNifty-27/09/2022-Levels
ICICI BANK as per Daily chart analysis stock Below 859 then Target is 841. With FII Net Selling 5101.30 Crores and DII Net Buying 3532.18 Crores it looks like FII have begin the selling once again and tomorrow could be an important day to see whether market is able to recover by consolidating forming a Reversal Doji candle in Nifty and Bank Nifty or continue to...
AXIS BANK as per Daily chart analysis stock Below 738 then Target is 732 / 722 / 714. With FII Net Selling 5101.30 Crores and DII Net Buying 3532.18 Crores it looks like FII have begin the selling once again and tomorrow could be an important day to see whether market is able to recover by consolidating forming a Reversal Doji candle in Nifty and Bank Nifty or...
Hello All, Please refer my previous related ideas where it touched 38800 and 38500. We have a good falling channel in 15 minutes but there are gaps. Today a whole day has formed triangle pattern which can break either side more likely on upper side. FII has sold 5100 cr and DII has bought around 3500 cr. This clearly shows how buying increased compared to...
CMP: 2857 - Took support today at the previous breakout level - 2730-2800 is the confluence zone of 50% Fibo retracement and 100 EMA, it will act as a support in the short term
NIFTY form H&S pattern on weekly chart. It's neck line is placed at near 17520. On daily Chart negative Divergence also seen. if nifty close below 17520 on weekly basis. it will show more correction up to 500-1000 points after that.
Banknifty standing below an extremely strong support of 38608. if banknifty moves above from where it left off then it may easily cross 38781. and may reach to the level of 38947. between 38947 to 39108 is also an extremely strong resistance zone. If Bank Nifty crosses over 39108 then it may also cross 39301 and may reach to the level of 39483. if banknifty...