As you can see here that price closed near median line, taking support on it, if it opens at the same area then,you may see a sideways again, if it crosses above 45019 then you may see a broad area burst which may not sustain for long time you can short again if you see any rejection in upside. if it crosses above 45179, then you may see a short covering and...
BankNifty important levels to watch are as follows #Support: 44345 Sell below: 44345 only on 15 minute candle closure below the level. Target 1: 44275 Target 2: 44160 Target 3: 44960 #Resistance: 44465 Buy Above: 44465 only on 15 minute candle closure Above the level. Target 1: 44540 Target 2: 44660 Target 3: 44850 #Remember each level will act as a...
Expectations: Volatile Day Intraday Levels: Buy Above - 44760 Sell Below - 44480 To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
Banknifty on the monthly chart has formed a gravestone doji and formed a double top pattern on the weekly charts. Index has reversed from the ATH high is yet to created a new all time high as the other index has formed. The market has formed a doji candle on the weekly charts after a 3.5% fall in the previous week. Market is consolidating in a similar range...
Monday's market is unpredictible. cauz, market did take up selller lequidity & buy got stoped out ( profit bookig and traling SL) there are only sellers left in the market but not freash selling position so, market does't have any money to go ethir way so, market will trap every retailer both who will look for selling and buying best possible situation now is...
Utilizing the support and resistance levels of BankNifty, along with the 5-minute timeframe candlesticks and VWAP, can enhance the precision of trade entries and exits on or near these levels. It is crucial to recognize that these levels are not static, and they undergo alterations as market dynamics evolve. The dashed lines on the chart indicate the reaction...
BankNifty Analysis The main reason Nifty50 moved up instead of falling was BankNifty. The opening was strong and gain BN held its ground. Today’s low much higher than yesterday’s close. From that level we rallied 408pts ~ 0.92% to hit a high of 44756. Unlike N50, BN retested yesterday’s high and then reversed from there. My report yesterday was on the bearish...
Banknifty is heading for another level. We can see more upside up to orange zone. Supply can be seen at this upper range area. This is for education purpose only. Trade as per your risk.
BankNifty important levels to watch are as follows #Support: 44620 Sell below: 44620 only on 15 minute candle closure below the level. Target 1: 44550 Target 2: 44430 Target 3: 44320 #Resistance: 44735 Buy Above: 44735 only on 15 minute candle closure Above the level. Target 1: 44800 Target 2: 44925 Target 3: 45000 #Remember each level will act as a...
"Good morning, friends! As of September 29th, the global market sentiment is neutral (based on the Dow Jones), while our market trend is bearish. It may open neutrally or with a slight gap up. If it subsequently breaks yesterday's low, we can expect a correction to continue with minor pullbacks. On the other hand, if the gap-up sustains, we can expect a ranging...
As market did't showed any bearish pressure and a slow down movement & market did't trapped any buyers today after opening So, as there are less sellers the market will grab sellers lquidity to go up So, theres no lquidity for the market to go down So 44000 area will act as a major support for buyers and also a trap zone for the buyers wait for price to close...
Bank Nifty Spot Price : 44301. - INDIA VIX SPOT Price : 12.82. - Nifty Daily Range : 44004 To - 44598 - Watch Option Strike : 44500 CE Draw & Watch The Target Points : 206--- 309--- 342--- 429--- 515--- 600---- 686---- 772 +++ Watch Option Strike : 44500 PE Draw & Watch The Target Points : 152--- 228 --- 254---- 317--- 381--- 444---- 508---- 571 +++ Entry...
**Bank Nifty Market Analysis for Tomorrow, 29th September 2023** **interesting headline:** **Bank Nifty: Bulls and Bears Fight for Control, Watch These Levels Tomorrow** **Analysis:** Bank Nifty took support at 44209 today and gave an upside move. This suggests that the bulls are still in control, but the bears are putting up a strong fight. For tomorrow,...
BankNifty Quarterly Report Banknifty is down -123pts ~ 0.28% in this quarter i.e between 28th Jun 2023 to 28th Sep 2023. It had formed a head and shoulders pattern till 16th Aug - but there was no followthrough. A second H&S pattern is underway as the first shoulder formed on 24 Aug and the head by 15th Sep. If you look at the heads of both H&S together - it...
Utilizing the support and resistance levels of BankNifty, along with the 5-minute timeframe candlesticks and VWAP, can enhance the precision of trade entries and exits on or near these levels. It is crucial to recognize that these levels are not static, and they undergo alterations as market dynamics evolve. The dashed lines on the chart indicate the reaction...
"Good morning, friends! As of September 28th, the global market sentiment is neutral (based on the Dow Jones), while our market trend remains moderately bullish. It may open neutral, slightly gap-up, or even gap-down. After the market's open, if it breaks or consolidates around the immediate resistance, we can expect a pullback continuation with minor...
As today market trapped sellers & and ended at previous day close So, there's no lquidity as sellers got out before market can take there money As market ends in a consolidation means there's not enogh money to go up or down Best probabily is market will open high tomorrow to trap buyers and gain their lequidity to come down and then take major seller money to...
Nifty and Bank Nifty took big support at 19550 and 44200. Bank nifty exactly at support level and a small upward move will make Nifty to break the next resistance at 19800. As the Nifty is on monthly expiry buying options at 19800 can give the 1x,2x returns.