"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...
Banknifty gap down and quite nearby the weekly support. If it touches and bounces from this downside area then it can give a gap fill move.
BankNifty Weekly Analysis Between the last expiry and today, BankNifty has only fallen 291pts. That fall coincides with a strong support level break - which may bring in additional pain for the long-only traders. It is also significant that BankNifty broke the crucial level ahead of Nifty reiterating its position as a leading indicator. BankNifty Today’s...
Your technical analysis for Bank Nifty on 05/10/23 i. Here is a summary: **Market View:** Bearish **Support Levels:** 43770 **Resistance Levels:** 43995/44200/44400 **Analysis:** * Bank Nifty is currently in a bearish trend. * If the market breaks below 43770, further downside is possible, down to 43500. * On the upside, resistance is seen at...
BANKNIFTY Intraday Trade Setup For 05 Oct 2023 Bullish-Above 44050 Invalid-Below 43940 T- 44250 44450 Bearish-Below 43850 Invalid-Above 43960 T- 43653 43440 BANKNIFTY has closed on a bearish note with 0.98% cut. It opened with a big gap down and 10 o'clock range was to be used as per trade setup. However it was updated to avoid trading this today. As it turned...
BankNifty important levels to watch are as follows #Support: 44266 Sell below: 44266 only on 15 minute candle closure below the level. Target 1: 44090 Target 2: 43920 Target 3: 43780 #Resistance: 44436 Buy Above: 44436 only on 15 minute candle closure Above the level. Target 1: 44600 Target 2: 44750 Target 3: 44930 => # Remember each level will act...
Banknifty has been trading in a range and closed in the same range losing 185 points. After the first hour fall the market consolidated and remained inside the first hour candle. On the hourly charts, market has closed below both the moving averages. Market has been consolidating for a few day and tomorrow is weekly expiry. Even on the smaller time frame,...
BankNifty important levels to watch are as follows #Support: 44535 Sell below: 44535 only on 15 minute candle closure below the level. Target 1: 44350 Target 2: 44215 Target 3: 44100 #Resistance: 44740 Buy Above: 44740 only on 15 minute candle closure Above the level. Target 1: 44860 Target 2: 45050 Target 3: 45200 => # Remember each level will act as...
"Good morning, friends! As of October 04, the global market sentiment is negative (based on the Dow Jones), while our market trend is moderately bearish. It may open with a gap down. The market structure suggests a sharp correction. So don't expect a pullback without any additional confirmation."
Bank Nifty Spot : 44610.2 Watch Option Strike : 45000 CE & 45000 PE Watch Option Strike : 45200 CE & 45200 PE I Am Not Sebi Registered Analysis, This Is Education Purpose Only. Dear Followers.. Trend Is Our Friend.. 1. Draw The Lines In Your Trading View.. Then Only You Understand My Statistical Startegy. 2....
Bank Nifty Spot Price : 44584.6. - INDIA VIX SPOT Price : 10.68 % - Nifty Daily Range : 44335 To - 44834 - Watch Option Strike : 44600 CE Draw & Watch The Target Points : 204--- 227--- 284--- 341--- 397--- 454---- 511---- 568 +++ Watch Option Strike : 44600 PE Draw & Watch The Target Points : 236--- 262 --- 327---- 392--- 458--- 523---- 589---- 654 +++ Entry...
BankNifty Analysis For today I had a neutral stance instead of a bearish one - mainly because we made a double bottom pattern in the last session. But the opening 5mts candle simply negated that in one go. Still, Banknifty was staying relatively strong versus Nifty. Both of them did break the swing low - but BankNifty’s recovery was more convincing. Bulls should...
Bank Nifty Spot Price : 44399 - INDIA VIX SPOT Price : 11.81 % - Nifty Daily Range : 44069 To - 44729- Watch Option Strike : 44400 CE Draw & Watch The Target Points : Watch Option Strike : 44400 PE Draw & Watch The Target Points : Entry Point... & Stop Loss... & Target Point ...Is Yours... In UpTrend (CE Buy).. Or DownTrend (PE Buy).. Every Target Point Is a...
BANKNIFTY Intraday Trade Setup For 04 Oct 2023 Bullish-Above 44440 Invalid-Below 44330 T- 44625 44815 Bearish-Below 44240 Invalid-Above 44350 T- 44000 43755 BANKNIFTY has closed on a bearish note with 0.425% cut today. It opened flat and sell triggered as per trade setup but is was not at all tradable as the 1st 1 Min candle itself was very big and the 15 Min...
I Post educational chart for 3 Swing / Potential Stocks Everyday. Check Related Ideas section for more Swing Stock analysis
#Based on my analysis, we've identified the utilization of Elliott Wave Theory concepts, encompassing Waves 1, 2, 3, 4, and 5, along with the corrective stages represented by Wave A, Wave B, and Wave C. #The market is currently in a position where it could potentially initiate a new bullish impulse, characterized as Wave 1. #This bullish move is contingent upon...
"Good morning, friends! As of October 03, the global market sentiment is slightly negative (based on the Dow Jones), while our market trend is moderately bullish. It may open neutrally or with a slight gap down. The market structure suggests a ranging market, so it may move accordingly. On the other hand, if it breaks the range, either to the upside or downside,...
Banknifty intraday 03-10-2023 setup based on price action breakout and retest of levels leads to momentum in the its direction.