"Good morning, friends! As of November 23rd, there is no significant difference from the last session. The global market sentiment is bullish, as indicated by the Dow Jones. However, our local market is showing a moderately bearish trend. It may open with a slight gap-up or a neutral start, as the GiftNifty indicates a value of +10. After that, even if the market...
The FASP for BankNifty is listed for 30-10-2023. You can add this levels to your trade setup for better results. This should not be the only indicator but an additional tool to increase your winning possibilities.
What is Fibolysis Anchor SupRes Points(FASP)?
It is a unique level arrived by using Fibonacci Retracement , Fibonacci Extension , Standard Pivot levels...
Banknifty Intraday Prediction Levels for 26 Oct 2023
The chart indicates 15 min time frame. These Levels act as Support and Resistance according to position of price . They are strictly for Intraday Trading only. Execution only after break and close above the Resistance zone/Line or below the Support zone/Line.
Major Resistances-...
"Good morning, friends! As of October 18th, the global market sentiment is neutral to slightly negative, as indicated by the Dow Jones. However, our market is still within range. It may open neutrally. If it breaks the range (44536 to 44253), we can set our target at the next resistance level."
BankNifty is under performing Nifty from last a few trading sessions but if sustains above 44380 we expect to see some up move. On the other side sustaining below 44200 will add more weakness.
Expectations: Volatile Day
Intraday Levels:
Buy Above - 44380
Sell Below - 44200
To motivate us, Please like the idea If you agree with the analysis.
Happy...
"Good morning, friends! As of October 6th, we have an RBI monetary policy meeting scheduled for around 10 am. Therefore, the technical structure is not as important, as the markets will largely react to the news. These moves may be very volatile, so it's advisable to approach your positions with caution. However, this represents the current market sentiment.
The...
"Good morning, friends! As of October 05, the global market sentiment is neutral to slightly positive, as indicated by the Dow Jones. However, our market trend remains bearish. It may open with a neutral to slightly positive sentiment. Afterward, if it breaks the Fib level of 38%, we can expect a pullback continuation. On the other hand, if the gap-up doesn't...
"Good morning, As of July 17th, the global market is showing a neutral start with a moderately bullish market sentiment. There is a possibility of a slight gap-up opening. If the market sustains structurally, we can expect a rally continuation with minor corrections. On the other hand, if the initial market experiences a sharp decline, we can expect a range market...
"Good morning! As of July 7th, there is no significant difference compared to the last session. the global market is showing negative stats with moderately bullish market sentiment. It might open with a gap-down. After that, if it takes support around the 38% fib support zone, we can expect a range-bound market to rally continuation. On the other hand, if it...
"Good morning! As of July 4th, the global market is showing a neutral start with a bullish market sentiment. It might follow the previous rally. If it experiences a pullback similar to that, we can expect the rally to continue with a minor correction. On the other hand, if the initial market experiences a sharp decline, we can anticipate a 23% to 38% Fib correction."
Good morning! As of June 19th, the global market indicates a slightly positive start with bullish market sentiment. It might open with a gap-up. After that, if it rejects the immediate resistance zone, we can expect a min of 38 to 61% fib correction. On the other hand, if the initial market declines sharply, that's a sign of the range market.
Good morning! As of June 12th, the global market indicates a positive start, with a bearish market sentiment. It might open with a gap-up. After that, if it sustains, we can expect pullback continuation with minor consolidation. Structurally, this pullback wave is the 2nd wave, so once it reaches Fibonacci levels of 44292 or 78%, we can expect a correction. On the...
"Good morning! As of June 2nd, the global market indicates a positive start with bearish market sentiment. It might open with a gap-up. After that, if it sustains, we can expect consolidation for pullback continuation. On the other hand, if it declines initially or rejects around a major key zone, we can expect the market to correct within a range."
"Good morning! As of May 30th, the global market indicates a negative start with a moderately bullish market sentiment. There may be a neutral start initially. Structurally, the consolidation indicates a bullish formation, thus suggesting a high probability of rally continuation. On the other hand, if it declines initially, we can expect a minor correction."
bank nifty forming cup and handle formation if it breaks the level of 44044 then it can move 600+ points.
Buy above 44044(44000 CE) Target 44132,44295,44352,44444,44626
Sell below 439569 (44100 PE) Target 43888,4840
Good morning! As of May 29th, the global market indicates a positive start with a bullish market nature. The SGX Nifty indicates a long gap-up, so we don't know exactly where it will open. Structurally, it's a strong bullish market. If it breaks the major key zone, we can expect a rally continuation. On the other hand, if it declines at the start, we can expect a...
Banknifty forming double top(M pattern)
Buy above 44005(39900 CE) Target 44132, 44282, 44395,44468
Sell below 43814 (43900 PE) Target 43691,43579,43465.
if banknifty opens a gap up it can open at 44044
If banknifty opens gap down then it can 43784
most probability is banknifty might open flat and possibility it can go up to 43691 level and take support from there.
Good morning! As of May 17th, the global market has shown a neutral to slightly negative start with a bearish market nature. There may be a gap-down at the beginning, and there is a possibility of sub-wave three. If it sustains, we can expect a continuation of the correction with minor consolidation. On the other hand, if the market declines sharply at the start,...
