Today we have a mix view Wait for forming proper suport or resistance dont jump directly
Today we have a mix view Wait for forming proper suport or resistance dont jump directly
#BANKNIFTY analysis. market are now in bullish foam.. If the market want to go upside the market need to touch 42686 which means we buyers can confirm that the market will go upside. if the market break 42650 zone then we can go for PE(PUT) FIRTS TARGET =42504,42424,42372. Upside target = 42836,42906,42940,43033
NSE:NIFTY Analysis After 12th Dec 2022 Closing. >After Last day closing my view on nifty is Neutral Basically Until, it close beyond 18500-18350 range in Daily TF . > If it Close above 18500 then - T1 will be Previous High and T2 will be 78% retracement of All time High Point of Nifty. >If it Close below 18350 then- I'm expecting that it will...
BUY SIDE As recently Bank Nifty made a new high just above its previous high so now it is in the wedge pattern which is looking for the support and near by good support is of 40500. Thus we can go for long in Bank Nifty upto next high level or for a double top pattern..... SELL SIDE As BANK NIFTY rejects from its previous high and continously going toward its...
For the last 2 days, we see Bank Nifty opening with a Gap down and giving a sideways price action. Being a monthly expiry tomorrow, we may see some volatility during the second half. We could see 34000 is key resistance and 32000 is support. So look for big moves happening above or below it. Happy expiry!
BANKNIFTY Taking SUPPORT in Higher Time frame 1 HR You can see clearly In a 15 MINS It is forming SYmmetrical Triangle ...If it break up you can take buy or wait for the market the symmetrical triangle to retest and take buy or If it is breaking down take sell or wait for the market to retest the symmetrical triangle resistance and fall lower low for sell entry
Area of High Confluence - (2150-2200) Fibb 61.8 % retracement area If sustains for long can give an upmove back to 2350 area If breaks and sustains can head south upto 1900 area
When Nifty was sub 16000 levels this is what was posted Hit the play button and see the magic of Technical Analysis. Now Nifty is near 200 day EMA current levels have also acted as Support in the past can the same zone act as resistance now? Will Nifty fly higher or would it stop? Only time will tell... We are not that bullish from here on . We have...
Rejections candles visible in the chart, check volume in abs number and (both highlighted in the box). My view is not to go long from here now. I will wait for followup candles.
USDINR has broken down and then took support with bullish divergence it has a good resistance of long term EMAs (200 EMA and 50 EMA) also now Looking at Bollinger bands also it seems they are squeezing... confirming the view of price going sideways range - between 76 and 75 Recommendation : I am going for monthly expiry short iron butterfly. As monthly future is...
Here are given both options for Buying and selling please act accordingly Book the profit between the yellow lines And please Do notify me if I'm doing anything wrong
NSE:INFY INFY may be a very good opportunity for long if gives any bullish signal or may go further down
According to a famous theory, the price usually comes to the 20 EMA, or the Moving Average comes to the price. For this week in BankNifty, it looks like it is reacting from a Daily Demand Zone to reach a 75 Minutes Supply Zone, where effectively lies the 20 EMA. So, the price might move up to 35800, but it is not that strong a conviction since the Demand Zone is...
Before every analysis I always look after the option chain data for Banknifty. I went to sensibull and just shocked 😱😱. Option chain data is showing almost 1544 lakhs contracts were sold in 35000-35500 call options. So a big pressure and that's the reason market can't go up or gives closing above 35500 mark. Again a bear market 😐😐🙄🙄. Intraday level is given in...
HINDCOPPER has been going through 11 year of parallel channel. this down move is not healthy for the stock in short term. any BO from the channel may be quite a bullish. as of now I would keep my view netural based on short term movement
Since swing low of Apr 19th 2021, bank nifty has been in parallel channel. Is it a end of bears or start of bears
TRITURBINE 9 yrs into parallel channel and this supply also came from the upper end of the channel. no further vision for bulls.