Bank Nifty Technical Analysis - 15th March 2024 ## Market Overview The market continues to adhere to our discussed support and resistance levels, underscoring the significance of technical analysis. Let's examine the key support and resistance zones for Bank Nifty. ### Support Levels **1. Support Zone: 46,800** - Currently acting as a crucial support...
As per price action today (Friday- 14-03-24) market will be BERISH with retracement Entry at - 20796 Stoploss - 20845 (49 points) As target have been mentioned .. Trade accordingly .... we are not sebi registered not endorse any brand or company ... These Charts and analysis are for educational purposes only.. Trade according to your own risk factor....
As per price action today (Friday- 14-03-24) market have retraced and all 3 targets have been achieved As target have been mentioned .. Trade accordingly .... we are not sebi registered not endorse any brand or company ... These Charts and analysis are for educational purposes only.. Trade according to your own risk factor....
As per price action today (Friday- 14-03-24) market will be look to touch Pivot Level As target have been mentioned .. Trade accordingly .... we are not sebi registered not endorse any brand or company ... These Charts and analysis are for educational purposes only.. Trade according to your own risk factor....
Utilizing the support and resistance levels of BankNifty, along with the 5-minute timeframe candlesticks and VWAP, can enhance the precision of trade entries and exits on or near these levels. It is crucial to recognize that these levels are not static, and they undergo alterations as market dynamics evolve. The dashed lines on the chart indicate the reaction...
Nifty support and resistance levels are valuable tools for making informed trading decisions, specifically when combined with the analysis of 5-minute timeframe candlesticks and VWAP. By closely monitoring these levels and observing the price movements within this timeframe, traders can enhance the accuracy of their entry and exit points. It is important to bear...
As per price action today (Friday- 14-03-24) market will be BERISH. Entry at - 46856 Stoploss - 46915 (57 points) As target have been mentioned .. Trade accordingly .... we are not sebi registered not endorse any brand or company ... These Charts and analysis are for educational purposes only.. Trade according to your own risk factor....
major trend is up rwcently giving fake breakout on down side so there are trap sellers on downside so we are waiting for stron green cande for bullish conformation
On Our Harmonic pattern indicator based trade setup take trade as explained below :- Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target , When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early...
As we can see NIFTY fell unidirectionally exactly as analysed in our previous post and we also mentioned about the supposed panic that could occur with the break of lower trendline and we did see that. now nifty can be seen heading towards very important support or demand zone of 21800 which given NIFTY more room to move hence if NIFTY weakens and reaches 21800...
💎 MINA has formed a cup and handle pattern, along with a W pattern on the demand level, which enhances the likelihood of a bullish move. 💎If MINAUSDT breaks above the resistance area, we can anticipate targets up to the next resistance level. In the event of a pullback, we can expect a bounce from the demand level. 💎However, if the price breaks down below the...
Nifty support and resistance levels to trade on tuesday Resistance 22420-22400, Support 22300-22290 areas. Today nifty gave good move after breaking down the level of 22430-22400 area now it will act as resistance.One hour time frame price closed below 50 EMA if opens flat and takes resistance on it expecting nifty to fall further on tuesday to check 22200 to...
Midcap Correction How to Play Nifty Midcap is entering a correction and is currently is the weekly demand zone 1 if the index breaks 43243 this is where we need to do some average of our midcap stock positions. Again average at 41726 Last Average at 39922 as this demand should hold. Please check the individual fundamentals of the stocks
Marked Monthly Demand Zone from Where Smallcap Index looks like taking a good support and reversing till 15280 Levels. Looking to drop another 1100 Points from here. We should wait and take entry in small cap stocks.
Banknifty closed today at important support area it needs held here to resume uptrend if voilates and sustains below it will test 47000 to 46700 areas. to trade bank nifty with support and resistance levles on tuesday are. Support 47200 Below Sustains short targets of 47000,46900,46750,46700 Resistance 47430 Above Sustanins long targets of...
Nifty support and resistance levels are valuable tools for making informed trading decisions, specifically when combined with the analysis of 5-minute timeframe candlesticks and VWAP. By closely monitoring these levels and observing the price movements within this timeframe, traders can enhance the accuracy of their entry and exit points. It is important to bear...
Utilizing the support and resistance levels of BankNifty, along with the 5-minute timeframe candlesticks and VWAP, can enhance the precision of trade entries and exits on or near these levels. It is crucial to recognize that these levels are not static, and they undergo alterations as market dynamics evolve. The dashed lines on the chart indicate the reaction...
As per price action market may take a retracement and then go bullish. Entry at - 47210 Stoploss - 47185 (40 points) As target have been mentioned .. Trade accordingly .... we are not sebi registered not endorse any brand or company ... These Charts and analysis are for educational purposes only.. Trade according to your own risk factor....