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.
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...
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 opened gap down at 39027 breaking the support level of 39327. Tried to recover in the 1st and 3rd candle but the selling pressure was so heavy that it couldnt keep up. What happened from 9.25 to 11.05 was strong selling that even resulted in the 2nd level of support being taken out. This is the 2nd time that BN is taking out 2 support levels in the...
Banknifty for the two consecutive days has fallen more than 2% and losing around 2000 points in just 2 trading sessions. The market remain in the red whole day. Even after the gap down of more than 500 points the banknifty closed 900 points lower. On the daily time frame, the market had tested its 2.618 Fibonnaci level. The market has also breached the level of...
#NIFTYBANK After a Double Top at ATH levels, selling have been rampant. Broken down around 40100 levels with 38000 as strong Psychological + Technical support. Needs to start trading above 39400 for again have fresh hopes for a new ATH. Range: 38000-39400.
another hit day plz like,boost to appreciate our ideas== #banknifty call above 39750 tgt-39950\41000 #banknifty put below 39320 tgt-39100\38800 sl keep 100 points atleast *indian market is still strong ,in coming days #banknifty will reach the level of 41000+
Banknifty today may open at 39400 and it may fall till 39280. Here you can see a short covering towards 39580. If this level is not sustained then sharp correction towards 39073 is possible. . At 39073, you may see huge short covering. Banknifty trend decider level is 39320, 39070-38800-38300 is weekly support zone. Here, don't take any positional view. you can...
Today's will be gap down opening in banknifty . After opening if banknifty sustain below 39450 level then expected downside go upto 39050 level and this can be extend for downside upto 400-500 points in case banknifty starts trading below 38950 level. in case banknifty starts trading above 39550 level expected upside go upto 39950 level.
NSE:BANKNIFTY1! 📊 Each levels Act as support and resistance 📈📉. One can trade on 3min, 5min and 15 min as per their trade set up. For reference, one can check our old published ideas. If any candle taking support from any level then try to identify that is that reversal candle at support or what if that is reversal candle then go long above that reversal candle...
Banknifty on the weekly time frame has given a strong negative candle and closed below 40000 levels. There was a nice moment in the last trading session. On daily time frame, it has formed a marubozu candle and closed below its 20 DMA. The market has crossed and sustained belowt its 200 ema on hourly time frame. Banknifty has consolidated in the second half of...
Banknifty Weekly trend analysis trading in channel. showing weakness on chart
Bank nifty has reached its right shoulder level so there could be a little re test of correction in the down trend. So if any one is in buy trend kindly make ur analysis and adjust ur positions. And the analysis which is shared here is only for education purpose and i might be wrong in my analysis too. So kindly do ur own analysis and take ur trades.
Hello All, Please refer my previous related idea below where I expected 39700 level to be touched next week but it touched 39400 as well in this week itself. So again we saw great selling as inflation fear and FED has been given interest hike warnings. FII has sold 2899 cr and DII has bought for 299 cr as moreover same like yesterday. Important trend has been...
This video is only for educational purpose, Do your investments with your financial consultant...
Bank nifty decisively broke 2 support levels today - opened gap down at 40429 midway between the SR levels. Made continuous red candles and broke the first support level at 40149 at 9.30. The red candles didnt really stop till the 2nd support level of 39739 was reached. The first batch of selling took a pause only at 10.20. But by 12.10 even this SR level was...
another hit day plz like,boost to appreciate our ideas== #banknifty call above 40750 tgt-40950\42000 #banknifty put below 40550 tgt-40300\40100 sl keep 100 points atleast gapdown open than buy call above 41500