On Monday, BankNifty entered the 75m and daily demand zones, bouncing 500 points from the day's low before closing at 52880.40. A decisive crossover above 52750 with volume might lead to a new all-time high. The weekly and daily trends (50 SMA) are still positive. As mentioned in the last post, the support and resistance levels remain the same. Support...
On Monday, Nifty entered the daily demand zone mentioned in the previous post and bounced over 200 points from the bottom before closing at 24509.25. The weekly trend (50 SMA) remains overbought, while the daily trend (50 SMA) remains positive. The support and resistance levels remain the same as previously mentioned. Support Levels: Near support/demand zone...
On Friday, Nifty opened gap up at an all-time high of 24584.80 but did not sustain and fell more than 300 points from the top, closing at 24530.90. It did not respect any intraday demand zones mentioned in the earlier post due to heavy profit booking ahead of the Budget session scheduled for today. The weekly trend (50 SMA) remains overbought, and the daily trend...
On Friday, BankNifty remained within its range and did not cross the major resistance level of 52750, closing 355 points down at 52265.60. A decisive crossover above 52750 with volume might lead to a new all-time high. The weekly and daily trends (50 SMA) are still positive. Banknifty might be highly volatile today due to the Budget session scheduled...
Banknifty Confirm Targets for Budget day Trading Banknifty Trading Setup For 01Feb 2023 Weekly Expiry on 02 Feb 2023 India Vix Closing – 16.87 Support Zones Frist Support Level For For Long Banknifty - 40175 - 40195 Second Support Level For Long Banknifty - 39885 - 39915 Third Support...
Kindly read the text on the chart this stock didn't perform last year also so avoid this stock if you have any position then invest it some where else this is not a trade recommendation. NSE:AARTIDRUGS
kindly take the look at the levels given on chart this is only for educational purpose
If you have a same bullish view than do comment below Will Nifty Go Up Or selling will continue There should be some buying from current levels. Though it will not hold for longway and nifty will eventually get into sell mode again.
Nifty & Bank Nifty Opening Trade Levels respected exactly as expected & Possible Setups after the announcements.