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Future of Nifty & Bank Nifty | Neowave ForecastNSE:NIFTY
Hi Everyone
This is our nifty continuation forecast of nifty . As you can see nifty is falling for last 2 weeks and its going further down. So to understand our complete view please watch the video.
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Nifty Forecast -
Bank Nifty For ecast
How to read Our Neowave Charts- To understand our labelling our structure, please read below chart.
WHY I TAKEN HEROMOTORS FOR INTRADAY 2700CE ??WHY I TAKEN HEROMOTORS FOR INTRADAY 2700CE date on 15.02.2022 ?????
1.MA200 Support and above CPR Range
2.In 1st 1hour 5mins timeframe top side breakout given
3.Todays high & Previous day high broken
4.After breakout of MA200 & re-trashment Previous day high support also taken.
** Nifty & Banknifty Trading setup for 19 Jan **
Market Analysis for 19 Jan 2022 (Wednesday )
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* Nifty 50 *
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Support Area Resistance Area
-------------------- -----------------------------------
1st Support Area : 18051.60-18075.15 | 1st Resistance Area : 18153.16-18170.39
2nd Support Area : 17949.06-17973.65 | 2nd Resistance Area : 18270.05-18291.17
* Nifty Bank *
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Support Area Resistance Area
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1st Support Area : 38031.64-38098.74 | 1st Resistance Area : 38396.48-38480.75
2nd Support Area : 37705.30-37798.27 |
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Expectation : As for tomorrow expecting a flat negative market.
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If want to know my Trading Approach for tomorrow. Please stay connected with me.
Jai Hind.
Disclaimer:
This video is only for educational purposes. Please consult your financial advisor before you take any trades. I am not a SEBI Registered Analyst.
** Nifty & Banknifty Analysis & Trade setup for 2 Dec**
Market Analysis for 02.12.21 (Thursday )
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* Nifty 50 *
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Support Area Resistance Area
-------------------- -----------------------------------
1st Support Area : 17084.75-17066.23 | 1st Resistance Area : 17202.52-17218.33
2nd Support Area : 16927.74-16950.69 | 2nd Resistance Area : 17324.51-17341.29
* Nifty Bank *
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Support Area Resistance Area
----------------------------- ----------------------------------
1st Support Area : 35534.82-35656.37 | 1st Resistance Area : 36702.09-36784.21
2nd Support Area : 34898.97-34990.32 | 2nd Resistance Area : 37099.53-37218.90
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Expectation : As for tomorrow expecting a positive market.
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|| Don't look Back || Nifty & Banknifty Trade setup for 1 Dec
Market Analysis for 01.12.21 (Wednesday )
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* Nifty 50 *
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Support Area Resistance Area
-------------------- -----------------------------------
1st Support Area : 17304.90-17323.40 | 1st Resistance Area : 17713.05-17735.70
2nd Support Area : 17216.70-17233.05 | 2nd Resistance Area : 17635.15-17652.05
3rd Support Area : 17113.25-17129.35 | 3rd Resistance Area : 17549.25-17570.60
* Nifty Bank *
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Support Area Resistance Area
----------------------------- ----------------------------------
1st Support Area : 36591.15-36674.85 | 1st Resistance Area : 37721-37847.85
2nd Support Area : 36189.15-36263.60 | 2nd Resistance Area : 38586.00-38677.30
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Expectation : As for tomorrow every thing has been said in the video.
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** Nifty & Banknifty Trade setup for 23 Nov **
Market Analysis for 23.11.21 (Tuesday )
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* Nifty 50 *
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Support Area Resistance Area
-------------------- -----------------------------------
1st Support Area : 17294.45-17312.50 | 1st Resistance Area : 17490.30-17509.40
2nd Support Area : 17080.20-17100.20 | 2nd Resistance Area : 17552.25-17564.90
3rd Resistance Area : 17635.15-17647.55
* Nifty Bank *
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Support Area Resistance Area
----------------------------- ----------------------------------
1st Support Area : 36669.90-36864.55 | 1st Resistance Area : 37787.95-37926.00
2nd Support Area : 36170.10-36263.60 | 2nd Resistance Area : 38586.00-38677.30
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Expectation : As for tomorrow we should look a place where we want to short the market both nifty and banknifty.
The Trend is Bearish. But at this levels we cannot short because the market is all ready oversold.
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