Good Morning All,
Traders should watch these Five Elements to plan their trade next.
Penultimate Wave ( Triangular Wave)
Upper trendline
Upper trendline of the triangle shown in the circle can act as support so Index holding 41450- 41500 can push short term upside 41750-41800
Key Level - 41051
1st warning sign for bulls - break of key level
...
Key Levels For Easy Option Buying & Selling in Banknifty
Banknifty Important Support Zones
First Support Zone For BankNifty – ( 40164 - 40198 )
Second Support Zone For BankNifty – ( 39918 - 39948 )
Third Support Zone For Bank Nifty – ...
Key Levels For Day Trading in Nifty Fifty
Support Zones For Nifty On Tuesday
First Support Zone For Nifty - 16979 - 16992
Second Support Zone For Nifty - 16848 - 16862
Third...
Nifty stands at 17,530 level after breaking key support of 17,644 level which triggered stop los after attaining a sharp rally to 18,100+ levels. The prices failed to break for a significant breakout above the resistance line and we can see a weak week for Nifty this time.
In the coming week, Crucial Levels are:
S1: 17,300
S2:17,000
R1:18,145
R2:18,349
Market...
*BANK NIFTY*
Key Levels are marked on the chart for 14th July.
{1 Hour Timeframe}
There is a gap that still needs to be filled in 1 hour timeframe.
I hope this will help you out for tomorrow's trade.
Short Video connecting the path which unfolded for Index Nifty after Bullish Gartley at 17055 –last idea & upcoming moves to be expected with key & critical levels.
Thanks for watching the video
-------------------------------------------------------------------
Last Idea- 2nd Sep2021- Bullish Gartley at 17055...
In the previous banknifty idea we saw a breakdown and the next key level was 23531. Recently it was close to touch this level and moved up. Now, if holds this level we can see 24220 and holding above it we can witness 24600 and 24813 again. If breaks 24220 and sustains below it, the next support could be 23230 and 22981 levels.
Regards
Nifty trading @10930.
Probably nifty will open gap up or flat on monday.
Major key levels are mentioned on the charts.
Next supply zone will be (11078-11167) with the resistance @10985
On downside there is key Demand zone @(10228-10390) with the support @10550
