As we analyzed, most of the day was range bound and Options sellers made good money. Our support for today was 34950 and we didn't break that level, saw bounce multiple times around those levels.
Expectations for Tomorrow: can be a trending day
Resistance: 35550
Support: 34800
Intraday Levels:
Buy Above 35310
Sell Below 34950
For Targets, SL, and Intraday...
As I told you I will look for sell on the rise .
Today we got two trade .
I will continue to sell till market sustain
below 14850.
Level mention on chart
As we analyzed for 22nd Feb, today was a volatile day, and once we broke the 35800 all our targets met.
Expectations for Tomorrow: Range bound market.
Resistance: 35500
Support: 34950
Intraday Trades would be posted in our TradePro group.
Happy Trading!
InvestPro India Team
As we analyzed for 19th Feb, we sustained below 36370 and saw a great move downwards target marked with grey lines.
Expectations for Tomorrow: Volatile Market
Resistance: 36050
Support: 35500
Intraday Trades would be posted in our TradePro group.
Happy Trading!
InvestPro India Team
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (46.30). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. NEOUSD is in an uptrend and it is expected to continue.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at...
As we analyzed yesterday, we opened almost flat and instantly tested yesterday's low. It gave a good rally, initiated our buy trade and we booked 120 points in Future.
We again got another opportunity to sell below 36950 and again booked 100 points on the sell-side too. Overall, good day!
Expectations: Range-Bound Day
Resistance: 37240
Support: 36680
Intraday...
As we analyzed BankNifty of 37708 against our resistance level of 37700 and came down to 37672. Our sell trade triggered at 37200 and all our targets met. For tomorrow, I am expecting a flat to minor gap-up opening.
Resistance: 37400
Support: 36700
Intraday levels for next session:
Buy Above 37170 for the targets of 37290, 37370, and 37450
Sell Below 36950 for...
We analyzed yesterday we got 1000 points trade and it was easy for option buyers, 37000 CE went from 170 to 800. Tomorrow, I am expecting a gap-up opening.
Resistance: 37700
Support: 36900
Intraday levels for next session:
Buy Above 37400 for the targets of 37500, 37600, and 37700. SL for the Buy Trade would be 37290.
Sell Below 37200 for the targets of 37100,...
