Is the Trend About to Shift ?Nifty and Bank Nifty have consolidated in the past week,
Nifty has resistance at - 24500 -24700
Support : 24100 will act as laxman rekha for any further upside.
Bank Nifty
Resistance : 51700-52300-52600
Support : 51150-50350
Bank Nifty is creating a W pattern breakout above 52600 for a target of 55000
Niftylevels
Is the Bottom Made in Nifty & BnK Nifty ?? Positive Divergence in NIFTY in Daily, 2 hours chart. Any close above 25000 levels will open doors for 25200. above tht 25500-25777 would be seen.
Bank Nifty is creating cup and handle pattern in the short timeframe of 2hours. Breakout has been made, from here it has hurdles every 200 points 52400-52600-52850-53050 level. Bank nifty is poised for more upside but should see 51990 once again before the upside journey !
Will Nifty & Bank Nifty Bounce Lead to a Rally or Fade on Dips?NIifty and Bank Nifty are poised for a bounce will this bounce turn into rally or it will fade away is the question.
Nifty : Resistance : 25200-25500-25750
Support : 24800-24700
Lakshman Rekha for Bull run is 24500.
Bank Nifty : Resistance : 51700-52100-53100
SUpport : 50400
Triangle breakout above 51700.
Markets Gear Up for FED: Nifty & Bank Nifty Reflect OptimismNifty has created a 500 points flag pattern on a 30 mins chart, breakout is above 25385 level, if thats done then we should see a strong move till 25800-26200-26400 levels.
Bank Nifty has to catch up, it has also shown strength in last week, 52200 is a crucial zone, any close above it will give Bank Nifty open doors for 53150 level and above that 54150 level can be seen. On down side we can see 51700 - 51400 as strong support
Nifty Rebound Ahead: Watch for a Monday Low Before the Climb!Nifty is Poised for a gap down on monday but looks like it has a strong support at 24700-650 levels, if it sustains that then should see a rebounce till 25050 levels.
100 EMA is at the current level 24850 levels as well !!
Its going to be a volatile week ahead !!
Weekly Market Forecast: Nifty & Bank Nifty Set for Major Moves!Nifty and Bank Nifty are poised for a strong upside move if they break their respective resistance.
Nifty Resistance : 25300 - 25500 , Above this should open doors for 25800-26200 levels soon!!
If Nifty does not clear 25500 then it will be considered as double top pattern.
Currently Nifty is also showing negative divergence in daily chart.
Bank Nifty has given a trendline breakout, looking for a strong movement above its resistance zone 51400 -51700, above this it will try and test previous ATH levels.
if fails then should see 50990-50500 levels again.
Breakout or Trap? Nifty & Bank Nifty Surge Ahead - Be Cautious!!Nifty and Bank Nifty are showing some strength!! We may see new ATH looking at the charts,
till the time Nifty does not clear 25300 we are in trouble waters!!
Above that level we should see a strong upside movement!!
All i can say is stay cautious till tht time, lets see a strong breakout rather then fall in a trap!!
Nifty Breaks Out After Days of Range-Bound Trading, What's Next?After more then two weeks trading in a zone 24000-24350 levels nifty finally breaks out from the range.
On uppers side there is a gap which NIFTY is halfway and looks like it will fill the gap as well!!
Gap is from 24700-24300 level
Major support zone is at 24100 levels.
This week should see NIFTY hitting 24700 and also 24450 levels as well. Which one will come first is wat we have to see. !!
Will NIFTY & Bank Nifty's have a Tight Rangebound Movements ?Nifty looks stronger rather then Bank nifty overall in the charts, Nifty above 24600 will open doors fro 24800 levels above the new range till 25200 levels. SUpport is at 24150-24250, below this price should see 23980 level.
Bank Nifty has given a breakout from falling wedge, support at 52000-51900 levels, upside till 53200 level.
Nifty & Bank Nifty Analysis For 14 May 2024In this video, we'll discuss about Today's Market Movement and Tomorrow's Analysis in Nifty, Banknifty and other segments too.
Whether you're a seasoned trader or just starting in the stock market, this analysis will help you in Learning about Market. Let's get right into it!
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Nifty & Bank Nifty Analysis For 08 May 2024In this video, we'll discuss about Today's Market Movement and Tomorrow's Analysis in Nifty, Banknifty and other segments too.
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Nifty & Bank Nifty Analysis For 07 May 2024In this video, we'll discuss about Today's Market Movement and Tomorrow's Analysis in Nifty, Banknifty and other segments too.
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Volatility to be the King for coming week !! There bearish indication on charts on weekly and daily charts but on shorter time frame 15-30 mins its creating bullish pattern, pattern still needs a breakout out. looks at these structure it looks we will have volatility seen over the week.
Key things to note any close above 22800 level we would see a strong up move in nifty till 23400. any close below 22350 will open doors for 21800 again !! Friday close was exactly at support area.
Bank nifty is still not out from short term bearish side, need a close above 49200 for more upside till 49600-50K level, any close below 48600 will open doors for 48200 and below.
Nifty & Bank Nifty Analysis For 24 Apr 2024In this video, we'll discuss about Today's Market Movement and Tomorrow's Analysis in Nifty, Banknifty and other segments too.
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Monthly Expiry Special Nifty & Bank Nifty Analysis For Apr 2024In this video, we'll discuss about Today's Market Movement and Tomorrow's Analysis in Nifty, Banknifty and other segments too.
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Will Nifty reclaim 22350 level ?Its an mixed bag view for nifty for few weeks as of now, its creating head and shoulder pattern in daily chart, in weekly it has created a shooting star at the top! these are bearish signs. for this bearish view to get negated nifty needs to close above 22620 level.
along with this on short term it looks like nifty will touch 21350 odd levels in the coming week !! if it sustains the could see 22525 level.
Nifty & Bank Nifty Analysis For Next Week 15-19 Apr 2024In this video, we'll discuss about Market Movement and Tomorrow's/Next Week Analysis in Nifty, Banknifty and other segments too.
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NIFTY Prediction for tomorrow 26 Mar 24As we have discussed in our Video, Nifty is trading at its 200 EMA in 1-H TF, which has been providing very nice support.
PCR = 1.24 (Highly Bullish)
Important Levels: marked on chart
Support: 22000 , 21930
Resistance: 22164, 22428
Verdict: Bullish
Plan of Action:
Sell 22164 CE & 22000 PE. Exit one leg if it breaks the zone. (hedge with 20/- PE)
NIFTY Analysis for tomorrow 19 Mar 24As we have discussed in our Video, Nifty is trading at its 200 EMA in 1-H TF, which has been providing very nice support.
Important Levels: marked on chart
Support: 22050 , 21930
Resistance: 22164
Verdict: Sideways
Plan of Action:
Sell 22000 CE & PE. Exit one leg if it breaks the zone. (hedge with 20/- PE)
Nifty & Bank Nifty Analysis For 19 Jan 2024In this video, we'll discuss about Today's Market Movement and Tomorrow's Analysis in Nifty, Banknifty and other segments too.
Whether you're a seasoned trader or just starting in the stock market, this analysis will help you in Learning about Market. Let's get right into it!
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Disclaimer : All views and charts shared in this video are purely for knowledge and information purposes only. Trading is Very Risky Business and it should only be done with proper Knowledge. It is very important to do your own analysis before making any investment based on your own personal circumstances.
#TheStockMantra #MarketAnalysis #LearnStockMarket