As we can see NIFTY had been in downtrend throughout the day but we can see it heading towards possible demand zone, watching global cues we can expect NIFTY to show gap down opening and can be seen opening around demand zone but in case it opens below the demand zone the level of 17700 might act as a resistance hence tomorrow’s opening is going to be very crucial...
As we can see after much of downside we can see NIFTY still has room to fall further before reaching a final demand zone hence we can expect nifty to fall further towards the demand zone before finally moving up
Marksans pharma has taken support of rsi 60 twice on a weekly TF. On daily TF it has regain rsi 60 level. And on monthly TF it just has crossed 60.volume is also increasing in few last trading sessions .so as per my analysis it's having more potential to reach the mentioned target🎯. Keep watching. Disclaimer: this is for educational purpose only.
As we can see BANKNIFTY had been in downtrend and despite trying to break the structure and level of 41800 above but failed to do so and fell unidirectionally from there the downtrend would have been confirmed if BANKNIFTY closed below 41000 mark but failed to close below which shows 41000 being a psychological level acting as a great support hence if BANKNIFTY...
As we had been analysing that BANKNIFTY is expected to show unidirectional move if crosses and sustain itself above 41800 but it failed to do so despite the strong opening but on a brighter note this confirms the resistance has gotten very weak and any closing above 41800 could show huge upmove so for now we can again expect negative to sideways market in...
As we can see BANKNIFTY has been more like in a W pattern and consolidating around the neckline for around 2 weeks now but gave a good closing above 41700 and hence there is a good chance if BANKNIFTY sustains itself above 41700 and opens strong then we might see BANKNIFTY breaking 41800 mark for a good 300-400 points unidirectional rally so keep watching and be...
both side potential avoid first 15min breakout wait for 15 min candle closing targets are marked if the breakout comes after 10:00 am then the probability of winning will be more. follow risk management do your own analysis do workout do meditation start reading books
With stop below the second green line a strong candidate for a 4 to 5% up move Mahindra Holidays & Resorts India Limited is a leading Indian company that provides holiday accommodation and vacation ownership. The company is a subsidiary of Mahindra Group and was founded in 1996. Its headquarters is located in Mumbai, India. Mahindra Holidays offers a range of...
As we can see BANKNIFTY had been in consolidation since 15 days now between 41200-41700 hence to show a new trend BANKNIFTY must sustain above or below the given levels hence if BANKNIFTY opens weak and below 41000 we might see a start of new downtrend, if opens strong and gettinh rejected then it can remain sideways! BANKNIFTY is ready to decide the trend now
As we can see BANKNIFTY has been in consolidation since last few weeks now and hence we cannot make any new position unless the trend is confirmed, as of now BANKNIFTY can be seen being sideways to negative as of now hence now we can see BANKNIFTY being sideways to negative unless BANKNIFTY sustains above 41700 for confirmed uptrend so keep watching everyone...
As we can see BANKNIFTY has been in W pattern and had been in consolidation around the neckline which shows the buyers are accumulating, but for confirmation wait for BANKNIFTY to close above 41700-41800 level hence we can expect BANKNIFTY to show strong upmove above 41800 so keep make position accordingly as the neckline has been tested multiple times making it...
avoid first 15min breakout wait for 15 min candle closing targets are marked if the breakout comes after 10:00 am then the probability of winning will be more. follow risk management do your own analysis do workout do meditation start reading books
As we can see BANKNIFTY has been consolidating around its neckline of the supposed W pattern, despite opening weak to being negative, it finally reaches and closes around being positive hence any flat to positive opening in BANKNIFTY can show big breakout above but if opens weak then we can see BANKNIFTY remaining sideways to negative throughout the day so...
Trade From a Volume Imbalance --------------------------------------------------------------------------------------
As we can see BANKNIFTY had been in consolidation and trying to break it's neckline multiple times but couldn't sustain above the given level finally closing at flat levels but we know that greater the levels are tested the more it becomes weaker hence we can expect BANKNIFTY to break the neckline around 41700 with proper closing for good 400-600 points upmove so...
As we can see BANKNIFTY has been consolidating since very long and had been in a small range but we did see a strong recovery in the last hour showing chances of breaking the resistance which has been tested multiple times already and in smaller time frame we can see more like a cup and handle pattern which is a strong sign of upmove if breaks its neckline which...
Maybe tomorrow nifty trading between this range 17900 to 17600. highest call oi 18000 ,It act as a major resistance . Hghest put oi 17500,It act as a major support 17700 is a crucial range ,It holds both put and call OI . PCR,0.6 VOLUME PCR,0.9 .Maybe tomorrow we expect slightly Sideways BEARISH TREND. Tomorrow RBI meeting will be held at 10 AM .
As we can see BANKNIFTY had been sideways throughout the day as we analysed based on the flat opening we can again see sideways to negative market tomorrow if opens weak to sideways, we can only see a trending market if BANKNIFTY is ablw to sustain above 41700 levels and close above for confirmation so keep watching everyone