Banknifty on the weekly time frame has closed above 42k level. The market after 2 week of consolidation has given a nice green candle.
The market has formed an neutral doji on the dialy time frame.
On the hourly time frame, the market in the second half has consolidated and forme support around 42120.
Banknifty has taken a nice support from 20 ema, on 15 minute...
We had been analysinh since past week that BANKNIFTY is strong and asked everyone to buy on dips and here we are looking at the global cues we might expect a big gap up opening tomorrow but that brings BANKNIFTY to its next important resistance and psychological level which is 42000 mark hence going long right after opening doesn’t seems to be a good idea rather...
Banknifty has given a "V" shape recovery, but still closed on the red side losing 180 points.
The global markets are negative and crypto to are trading in red this week.
Index opening below 20 ema, on hourly time frame, and took resistance and touched a low of 41300 level.
On 15 minute time frame, the markets came for recovery after taking support from the 200...
The market on the daily time frame has given a doji candle and closed 128 points, creating volatility.
Nifty from yesterday was in a downtrend, making lower highs and lower lows. Even after the gap down the markets remained for selling.
On the hourly time frame, the market in the last hour has given some recovery and closed above 18000 level.
There was a...
Following the global cues we can expect a gap down opening as of now and the next veey emminent support we can witness is at 41400-41500 level hence we can remain bullish despite the gap down opening as we might see a strong reversal if BANKNIFTY opens around those level, if banknifty tends to remain below 31350 level then we might see a negativw to sideways...
risk: Reward ratio is 1: 2
Rest as per Charts
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Note -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells “where” to act in “what direction. Unless it triggers, like, let’s say the candle doesn’t break the level which says “Buy/Sell if it breaks”, You should not buy/sell at...
Gbpaud sell now at price 1.77378
Stop loss 1.78400
Target one 1.75378 (200 pips)
Target two 1.71116 (626 pips)
Trade based on pure price action and breakdown in h4 candle so open a sell trade and thanks me later
If you like my idea please support me and like my ideas
As we can see BANKNIFTY opened up with huge gap up but couldn’t sustain itself and fell but 41400-41500 level has now acted as a support which previously acted as a resistance hence we can still expect the bull to continue till it sustain above 41400-41500 level, if opens weak and below the given levels we might see a sideways market
Audcad buy @ 0.87391
Stop loss 0.86886
Target one 0.88334
Target two 0.89135
Trade based on pure price action and breakout of parallel channel on upside and then it again start making a up trend and following a higher High and higher low in small timeframe
Voltas -
Order Block pending at (778-768)
Good to Buy at 778 and stop-loss at 768
Monthly RSI is 40, hope before summer it could reach lower ~30.
Target could be the Swing High - 1280
Banknifty on the weekly time frame has formed a neutral doji and still trading in the same range.
For last 11 days, banknifty has been trading in a range of 40800-41500.
Index has been consolidating and on the last trading session banknifty has consolidated near the 20 ema on hourly time frame.
Markets has consolidated for 2 weeks in a range and remained in a...
Nifty on the weekly time frame, has closed above the resistance level of 17900-18000.
The markets has retested the support level of 38.2% fib level and given a nice move.
On the hourly time frame, the market consolidated and a nice movement was there during the closing hour of the session. Nifty traded around its 20 ema and finally closed above it.
Even on the...
Banknifty Intraday levels for Tomorrow..
Expectation : Big Gap Up Open is expected above 41500, Market sentiment is strongly Bullish for next week.
Banknifty likely to Open with Big Gap Up, If any pull back to 41370 Resistance zone we can look for long entry. Incase any strong momentum seen and closes above PDH then Previous day High is where we can take Long...
Nifty Intraday levels for Tomorrow..
Expectation : Big Gap Up Open is expected above 18200, Market sentiment is strongly Bullish for next week
Nifty likely to Open with Big Gap Up, If any pull back to previous day high / 18180 Resistance zone we can look for long entry.
Any breakout above 18185 we can expect 18300 as the Target for Long entry. We may expect...
As we can see BANKNIFTY had been in consolidation since last week now and had been hitting 41500 level which was a psychological level and also acted as an important resistance ever since, now following the global cues we can expect a gap up opening above 41500 level, only that we’ll have to wait for candle to close abovw given level hence any closing above 41500...
![ACC: [POSITIONAL] ACC LONG BET](https://s3.tradingview.com/d/D3A41TKc_mid.png "[POSITIONAL] ACC LONG BET")
