Today's will be slightly gap down opening in Nifty. Nifty is open above 17500 level and 17500-17550 level is consolidation range. In case nifty trade above 17550 level then long can go up to 17650 level. Any down side expected below 17500 level.
#banknifty view for 10th Aug'22:- Absolutely no weakness in the market, any dips must be utilized to build long positions. Live analysis free during market hours @ in.tradingview.com #Elliottwave Regards, SG
Banknifty standing overs a strong support of 38209. if banknifty moves up from where it left off then it may cross 38404 and may reach to the level of 38608. between 38608 to 38781 is also an extremely strong resistance zone. If Bank Nifty crosses over 38781 then it may reach to the level of 38947. if banknifty crosses down below 38209 then it may reach to...
NSE:NIFTY1! 📊 Each levels Act as support and resistance 📈📉. One can trade on 3min, 5min and 15 min as per their trade set up. For reference, one can check our old published ideas. If any candle taking support from any level then try to identify that is that reversal candle at support or what if that is reversal candle then go long above that reversal candle and...
Nifty had a comparatively strong opening when you compare it with banknifty. The up move was steady and strong and the doors o 17800 looks very much open as per option data. Overall market has a bullish bias and nifty stocks are following suit. The major movement has to come from Reliance if and when it crosses 2600 which has been a strong resistance. So keep a...
Bullish trend prevailing in market even in case of a subdued opening. This is being supported by the heavy put writing in both the indices. Dow is flat with Euro markets moderately strong. USD INR is the only laggard in this whole scenario. Given that, we can expect a flat to gap up opening in banknifty. In case of a gap down opening it would create some panic...
BANKNIFTY Intraday Trade Setup For 10 Aug 2022 Buy-Above 38305 Sl-38190 T-38450 38619 Sell-Below 38150 Sl-38260 T-38000 37700 BANKNIFTY has closed on a positive note with 0.8% gain. It has closed near day high. Last day we planned to sell below 37780 it gave almost 100 points. However 15 Min candle did not close below 37780. Later buy triggered above 38035 and...
Today's will be slightly gap down opening in Nifty . After opening if nifty sustain above 17400 level then possible upside rally 100-200 points. Any downside expected below 17350 level.
Banknifty standing inside a strong resistance zone of 337847 to 38023. if banknifty crosses above 38023 then it may reach to the level of 38404. between 38404 to 38608 is also an extremely strong resistance zone. If Bank Nifty crosses over 38608 then it may reach to the level of 38781. if banknifty crosses down below 37847 then it may reach to the level of...
NSE:BANKNIFTY Trade Setup for 08-08-2022 1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action. 2) Everything is mentioned on the chart. I hope it is easy to understand. 3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level. 4) Avoid gap up...
BANKNIFTY Intraday Trade Setup For 8 Aug 2022 Buy-Above 38035 Sl-37920 T-38150 38350 38500 Sell-Below 37780 Sl-37900 T- 37655 37520 37350 BANKNIFTY has formed an inside candle in daily TF. It closed with a 0.45 gain on Friday. Next momentum will come above mother candle's high (38250) and low (37200). Important resistance is 38250 and support is 37200. Next...
Today's will be gap up opening in Nifty . After opening if nifty sustain above 17450 level then possible upside rally 100-200 points. Any downside expected below 17400 level.
BANKNIFTY Intraday Trade Setup For 05 Aug 2022 Buy-Above 37840 Sl-37720 T-38000 38120 Sell-Below 37520 Sl-37650 T-37220 37000 BANKNIFTY has closed on negative sentiment with 0.6% cut today. The daily candle range is too big as it was too volatile in intraday today. Last day we planned to buy above 38180 on a 5 Min candle close. Level was tested but none 5 Min...
Banknifty standing at a strong resistance of 37847. if banknifty moves above 37847 then it may reach to the level of 38023. between 38023 to 38209 is also an extremely strong resistance zone. If Bank Nifty crosses over 38209 then it may also cross 38404 and may reach to the level of 38608. if banknifty crosses down below 37648 then it may also cross 37521...
Today's will be gap up opening in Nifty. After opening if it's sustain above 17400 level then expected strong upside rally upto 17570+ level. Any downside only expected below 17370+ level.
NSE:NIFTY1! 📊 Each levels Act as support and resistance 📈📉. One can trade on 3min, 5min and 15 min as per their trade set up. For reference, one can check our old published ideas. If any candle taking support from any level then try to identify that is that reversal candle at support or what if that is reversal candle then go long above that reversal candle and...
Nifty on daily closing has given a dragon fly doji and respected the level of 17400. The market retested and recovered in the last trading hour of the day. There is a bullish moving averages cross over on daily charts. On hourly chart analysis market respected its 20 ema and has given a nice up move. The market On 15 minute chart, the market traded around its...
NSE:BANKNIFTY Trade Setup for 04-08-2022 1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action. 2) Everything is mentioned on the chart. I hope it is easy to understand. 3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level. 4) Avoid gap up...