BankNifty Future Analysis for Tomorrow 24th May 2023BankNifty Future Analysis for Tomorrow 24th May 2023
As per our #analysis for #BankNiftyFuture, we are expecting these Intraday levels today, kindly check the charts on 15 min time frame and act accordingly.
#IntradayLevels
Disclaimer: All the provided levels are for #educational purpose only, please do your own analysis before doing any trade in the live market or consult your #financial advisor before act.
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Levelsandzones
BANKNIFTY FUTURE ANALYSIS ON 1 HOUR CHARTBANKNIFTY FUTURE ANALYSIS ON 1 HOUR CHART
WE ARE EXPECTING THAT BANKNIFTY CAN TOUCH 40600 LEVELS WITHIN NEXT 2 OR 3 DAYS AROUND.
IF BANKNIFTY FUTURE DOESN'T SUSTAINED ABOVE THESE LEVELS 40600 THAN IT CAN RETEST AGAIN 39900 LEVELS IN THE UPCOMING DAYS.
ONCE IT WILL RETEST AFTER THAT WE CAN AGAIN EXPECT 42000 LEVELS IN THE MARCH EXPIRY ONCE AGAIN.
(Please check our previous analysis which we have shared previously for the BankNifty, however target got achieved and analysis based trade has been closed)
DISCLAIMER : ALL THE LEVELS MENTIONED ABOVE ARE JUST FOR THE EDUCATIONAL PURPOSE ONLY, PLEASE DO YOUR OWN ANALYIS BEFORE TAKING ANY TRADE IN THE LIVE MARKET OR CONNECT WITH YOUR FINANCIAL ADVISOR FOR THE CONSULTATION ABOUT FINANCIAL POINT OF VIEW.
Grasim Industries Swing Trade OpportunityAdd "Grasim Industries Ltd" | NSE: GRASIM to your watchlist. Good Swing Trading Opportunity if breaks the upper resistance as shown in the image.
It is forming an inverse head and shoulder pattern
Disclaimer: This is for educational purposes only. I am not a SEBI registered advisor. Please consult your advisor before investing.
Happy Trading and Investing :)
Nifty: AnalysisI am learning this new harmonic pattern and found it working perfectly for nifty analysis.
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There are several PRZ zones that nifty have shown minor correction.
Levels are:
1) 0.886 - 11830.00
2) 1.132 - 12900.00
3) 1.272 - 13600.00
Now according to my analysis, it has stretched to higher levels. Slowly the pace of nifty is also falling indicating a pattern for a retracement soon. I am expecting retracement of about 40-50% in weekly levels and this will start near about the end of December.
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Please correct me if I'm wrong. I am still learning and this is new to me.