NIFTY 50 - 01.08.2022 - BAHAVAN CAPITALNIFTY 50 Posted for 29.07.2022 it will test 17090 Level and broken and closed at 17158 unlike Bank Nifty which had exactly tested 39753.
28.07.2022 (16644) and 29.07.2022 (16949) Gap are yet to be filled.
01.08.2022 Nifty could be in Range bound because it had broken previous resistance 17090 level and it might face retracement.
And on other Side Bank Nifty could not break its resistance level at 39753. Considering bearish candle for Bank Nifty and Bullish candle for Nifty 50 anticipating a Range Bound.
Nifty 50 has another resistance at 17322 level.
However lets see how the market progress on Monday.
Happy Weekend and a Profitable Trading to all....
Niftychartpattern
NIFTY 50 - 29.07.2022 - BAHAVAN CAPITALNIFTY 50 posted for 28.07.2022 may test up to 16748 resistance level and move down to 16568 levels
but instead opened with a Gap Up and it had taken support as 16748 level and closed at 16929 level.
Friday 29.07.2022 it might test up to 17090 level but then the Gap it had created today 28.07.2022 will be filled.
So i am anticipating 16644 to be filled shortly.
Happy Trading to all...
NIFTY 50 - 28.07.2022 - BAHAVAN CAPITALNIFTY 50 today (27.07.2022) Instead of bearish or in Range Bound it had a bullish momentum upwards
inspite of NASDAQ down yesterday (26.07.2022) with 200 + points.
iam a posting a 15 minutes Chart.
28.07.2022 being an Monthly Expiry there may be a initial Gap up or bullishness up to 16748 levels.
And after testing 16748 levels i anticipate for Bearish up to 16568 levels.
After testing 16568 Levels it may fall up to 16475 levels or it might take a support and move up to 16663 levels.
FII continue with a Moderate Net selling 436.81 Cr and DII continue with Net Holding 712.03 Cr
Happy Trading to all...
NIFTY 50 ( Gap Down ) - 27.07.2022 - BAHAVAN CAPITALNIFTY 50 as per my message on 25.06.2022 exactly after breaking 16560 level made a low @ 16475 level and closed @ 16483.
FII have once again begin to be the Net Seller with 1548.29 Cr and DII Net holding with 999.36 Cr .
If Below 16400 then Target 16207 - more possibility to happen...
If Above 16850 then Target 17090
Anticipating Nifty 50 to open with a Gap Down below 16400 levels and can go down to fill a Gap 16373 and further down up to 16207 levels .
Bank Nifty looks equally bearish there is a lot chances for Nifty 50 falling tomorrow or becoming Range Bound.
Thursday being weekly expiry might see a good fall.
Happy Profitable Trading to All.
NIFTY 50 - 25.07.2022 - BAHAVAN CAPITALNIFTY 50 today formed a Bearish candle and on Friday 22.07.2022 irrespective forming an Bullish Candle
and FII turned into a Net Seller with moderate 675.45 cr and DII again Net Buying with 739.38 cr .
Which in turn can find today with FII being Net Seller with 844.78 Cr and DII also Net Seller with modest 72.26 Cr .
After a uptrend momentum formation of a Bearish Candle is always a Reversal trend.
If Below 16560 then Target 16475
If Above 16850 then Target 17090
Note Nifty 50 needs to fill a Gap 16373 and Bank Nifty forming a Doji Candle shows there is a lot chances for Nifty 50 falling tomorrow.
Happy Profitable Trading to All.
NIFTY 50 - 22.07.2022 - BAHAVAN CAPITALNIFTY 50 managed to close in Green @ 0.69% though there had been initial selling.
Now the concern is
SGX NIFTY falling in Red @ 0.54% . - " Hope its a Restracement "
Again FII turning as Net Seller with moderate 675.45 cr and DII again Net Buying back with 739.38 cr - "Hope its just a Profit Booking Friday"
NASDAQ down in Red with 2.37% @ 11.47 pm Indian Time. - ( Fed Meeting scheduled at July 26th & 27th is going to be crucial )
Bank Nifty looks bullish and Nifty 50 Partially Bullish, Next week we might witness fight or flight action from Bulls & Bears..
Happy weekend to All
NIFTY TRADING 15MIN CHART - BAHAVAN CAPITAL -14.07.2022Nifty tomorrow is in a hold or break and there is a gap filling pending in bank nifty i anticipate it will drag nifty down.
Levels for 15.07.2022
If 16006 is Broken then Resistance 16054 and Resistance 16082
If 15900 is Broken then Support 15736
Watch out 12.15 and 12.30 Candle formation could be a momentum candle.
Now the Data is again surprising
13.07 2022 - FII net selling 2839.52 cr and FII net holding 1799.22 cr
14.07.2022 - FII net holding 309.06 cr and FII net selling 556.40
NIFTY TRADING 15MIN CHART - BAHAVAN CAPITAL -12.07.2022Nifty has anticipated and posted yesterday had fallen today and considering the selling pressure i once again anticipate a Gap Down Opening to 15980 mostly.
Levels for 13.07.2022
if 15965 is Broken by 10.30 or 10.45 am then support is placed at 15850.
If 16075 is Broken by 11.00 am then Resistance at 16135
Today FII Net selling 1565.68 Cr and DII Net Holding 140.71 Cr.
One thing is common among last few trading sessions is DII holding is without any doubt have reduced.
And FII have begin to sell again and two days nearing to weekly expiry.
I anticipate tomorrow could be a another sell day. However lets see how market trades tomorrow.
Advance Guru Purnima wishes to all.
NIFTY TRADING 15MIN CHART - BAHAVAN CAPITAL -12.07.2022Nifty Day candle looks bullish but then the below data is strange
FII Net selling 170.10 Cr and DII Net Selling 296.99 cr
This is the first time DII has come into net selling instead of any holdings.
Last three trading sessions indicates DII holdings have begin to reduce. And today with no holding is to be noted for upcoming trading sessions.
So now every retail investor need to be carefull if you are taking any fresh positions.
Trading levels for 12.07.22
If 16283 is Broken then 16355 is Resistance
If 16169 is Broken then 16070 is Support
Iam anticipating shortly a fall which could take us back us 15300 Level and there has been a Gap to be filled.
So i don't see uptrend for some sessions and a correction will happen again...
I will update you levels during the trading sessions.
Happy Profitable Trading....
NIFTY INTRADAY TRADING 15MIN CHART - BAHAVAN CAPITAL - 27.06.22Today Entry was due to breaking of Descending Triangle by 11.30 am.
As Such market is any Rise, then Sell mode and tomorrow iam anticipating a Gap Down to fill the Gap due to today's Gap Up.
However market participants are always unpredictable and as we don't have control on any of the candle Sticks which are forming.
Will post levels during the market hours. So all we can do is only anticipate.
Happy Trading...