Nifty on the weekly time frame has given a doji and closed flat losing 42 points.
Index is facing rejection from 18440 level, once the levels are broken on the upper side nifty can form new ATH.
In the last trading session, there was a selling in the market but during the closing hour of the session the market regained and closed almost flat.
Nifty has closed...
Banknifty on the weekly time frame has given only 300 points move and on the daily time frame the market has consolidated for 3 days.
The market has formed a dragon fly doji and took rejection from 42600 levels many times.
Banknifty is taking a halt on the higher levels and a trending market can be seen once market start closing above 42600 levels.
On the...
As we analysed BANKNIFTY exactly got rejected from 42600 levels and fell over 200 points but based in the closing we can expect a slighy strong opening tomorrow then we might see 42600 level breakout and carry its bullrun as it has been tested multiple times before but if BANKNIFTY fails to open strong and opens with weakness then we might see a selloff of over...
Stock has corrected about 75% as per Fibonacci Ratio on long Term Charts.
Disclaimer: View for Educational purpose only, not to be taken as trading or investing recommendation.
after the bos waiting fordadadadadad price is ina an strong bullish trend and on the dsaily and onthe 1 hr
waiting for price to retrace up to the 50 on the fib to talke the trade atleast to the next resstance kevels
also the peice is looking compresed and failing to close below the level
As we analysed the previous day, BANKNIFTY opened flat and continued its bullrun till 42600++ levels now we can see BANKNIFTY trading around it’s important resistance which is around 42600-42640 as BANKNIFTY had been rallying one sidedly we can expect a rejection around these levels before making a new high so keep watching everyone
Eurusd buy @ 1.03500
Stop loss 1.02792
Target 1.04807
Trade based on pure price action and supply and demand zone levels so open a buy trade on eurusd and thanks me later
As we can see BANKNIFTY just broke out of a tight range and closed above 42350 hence we might see BANKNIFTY continuing the rally if opens flat and crosses the previous high, of Banknifty opens weak it will get back into consolidating zone and we might see a sideways to negative market so keep watching everyone and stay ready for both scenarios
Finally, banknifty has created a new high crossing 42400 levels.
The market remained volatile and consolidated in the first half of the trading session.
On the hourly time frame, the market has given a nice break out in the last hour and closed above 42400.
Banknifty, on 15 minute time frame, has taken support around 20 ema and there was a less selling as...
A nice bullish engulfing candle has been formed on the daily time frame.
Nifty, finally has given a close above 18400 and can test its ATH.
There was volatility in the market and market tested its 20 ema (on hourly time frame) and gave a nice up move in the last hour of the trading session.
On 15 minute time frame, the market traded around its moving average...
Audcad sell now @ 0.89144
Stop loss 0.90100
Target 0.85993
Price is in downtrend and it already completed its higher low move so now it will continue its trend to lower low move and our long analysis target also done so we are opening a sell trade now
As we can see BANKNIFTY after breaking its all time high finally taking some halt forming more like an flag-pole pattern bigger time frame which is also a sign of bullish continuation hence we can expect BANKNIFTY to continue its rally if BANKNIFTY is able to sustain itself above 42250 levels, On the other hand, if BANKNIFTY breaks below 41900 we might see...
Banknifty on the daily time frame has formed an inside candle and consolidated whole day.
The market for 2 days has traded in the range of 42000-42200 and a nice trending market can be seen.
On 15 minute time frame, the market has traded around 20 ema and closed near the level.
Banknifty has closed almost flat around 42100 level.
Support :- 42050, 42000,...
Nifty on the daily time frame has given a doji candle near the high.
The market has consolidated whole day and took support near 18300 level.
Nifty has tested the support of 18300 multiple times and if the price start trading below the levels, good movement can be seen.
On 15 minute time frame, the market traded around 20 ema and closed below it.
Support :-...
Nzdchf sell now @ 0.57460
Stop loss 0.58770
Target 0.55102
Trade based on pure price action levels open the sell trade and thanks me later
Later before we opened a long trade on 20th October 2022 and target also completed now we are doing short
If you like my ideas please support me and like my ideas please
NSE:NIFTY
Nifty analysis for 14-11-22 {monday}
Nifty has a heavy resistance at 18350 cause it has reversed from this level twice on a daily time frame.
if it breaks and sustains that level then it might try to break lifetime high of 18650 in upcoming sessions
support will be 18300 this will become a reversal trade for us.
Always use stop loss and trade with...
As we can see NIFTY has been respecting the trendline and followed the trendline since 17000 levels, despite the breakdown caused due to gapdown, we can see NIFTY back on track continuing its uptrend. Now Nifty can further show some more upmove towards 18600 levels which is NIFTYs all time high which could potentially act as a strong resistance
