Bank Nifty Trade Setup for 03 JUNE 2022 Expecting a gap up opening in Bank Nifty around R1 resistance levels. In case if the price sustains above R1 then we can possibly expect T1 / T2 targets on break out of Bullish Break out zone. Any resistance from R1 on opening and confirms a supply zone we can expect test of CPR.
Nifty Trade Setup for 03 JUNE 2022 Nifty expected to have gap up opening today around Bull Break Oout Zone. In case if Nifty sustains above Bull BO zone then we can expect possibly T1 target. Any rejection at Bull BO zone we can possibly expect Nifty to test out PDH & CPR.
Bank Nifty Trade Setup for 02 JUNE Expiry Bank Nifty is looking much bullish when compared to Nifty. Expecting a gap down opening in Banknifty too around Bull Reversal zones. In case of Bearish BO / PDL getting compromised we can expect some selling pressure in BN to testout T1/T2. Any support at Bearish BO and support getting formed we can expect BN to test...
Nifty Trade Setup for 02 JUNE Expiry Bearish alignment in the market and looks like a gap down opening around S1 Support. In case if S1 Support or Bearish BO is compromised we can expect lower targets as plotted on the chart. Market looks to be sell on rise today until any green candle close above Bearish Reversal zone for taking safe long position.
Bank Nifty Trade Setup for 30 MAY 2022 Expecting a gap up opening in Bank Nifty around Bullish Breakout zone. Any resistance around the opening high we can expect Nifty to test R1 / Bearish Reversal Zone once and then find a new support to bounce on the upside targets. In case Bullish Break out is taken out on the upside we can expect Nifty to test T2 targets...
Nifty Trade Setup for 30 MAY 2022 Expecting a gap up opening in Nifty around Bullish Breakout zone. Any resistance around the opening high we can expect Nifty to test R1 / Bearish Reversal Zone once and then find a new support to bounce on the upside targets. In case Bullish Break out is taken out on the upside we can expect Nifty to test T2 targets today &...
Bank Nifty Trade setup for 16 May 2022 Bank Nifty likely to have a gap up opening around Bearish Reversal Zone. Structurally Bank Nifty is bearishly aligned for the day and at key support levels. The immediate resistance for Bank nifty will be 33400 levels to again show good trend reversal. In case of gap up opening and sustains above Bearish Reversal zone and...
Nifty Trade setup for 16 May 2022 Nifty likely to have a gap up opening around Bearish Reversal Zone. Structurally Nifty is bearishly aligned for the day and at key support levels. The immediate resistance for nifty will be 16000 levels. In case of gap up opening and sustains above Bearish Reversal zone and we get buy triggers on indicators around these levels...
Bank Nifty Trade Setup for 11 MAY 2022 Bank Nifty is likely to open gap down around yesterday CPR levels which should provide good support. In case S1 support is getting compromised we can expect to test T1/T2 target from where we can expect possible reversal. Break down of T2 we can expect further selling in the market.
Nifty Trade Setup for 11 MAY 2022 Nifty is bearishly aligned. Expecting a gap down opening in Nifty around Bearish Breakout zone. Any resistance from S1 / Bearish Breakout Zone we can expect Nifty to test out T1/T2 & even extended targets of 15900 levels before finding the support. Any support confirmation at 15970 levels we can possibly look for a buying...
Bank Nifty Trade setup for 06 MAY 2022 Bank Nifty formed a inside day bar on daily time frame closing around previous day low. The CPR is bearishly aligned for tomorrow with formation of continous descending CPR for fourth consecutive session. Closing is below the next day CPR & hence tomorrow CPR will act as a strong resistance. GAP UP Opening : In case of...
Nifty Trade setup for 06 MAY 2022 Nifty formed a inside day bar on daily time frame closing around previous day low. We can expect some good break out move tomorrow in case if the previous day low is getting compromised. The CPR is bearishly aligned for tomorrow. GAP UP Opening : In case of Gap up opening, 16763 should act as a strong resistance, any...
Bank Nifty Trade Setup for 04 MAY 2022 Bank Nifty also closed on a positive note in the previous session and today expected to open flat. The immediate support for BN is CPR. Any pull back to 35994 or 35900 levels wait for support confirmation and go long for a possible target of PDH & Bearish Reversal zone. In case if R1 is taken out we can expect good move on...
Nifty Trade Setup for 04 MAY 2022 Nifty likely to open flat. Nifty closed on a positive note in the previous session and any pull back to test 17021 / 17000 levels is a good buying opportunity after confirmation of support. We will look for possible sell opportunity only if S1 support of 16960 is compromised for lower Target of T1 & T2. Any support around CPR...
Bank Nifty Trade setup for 27 APR 2022 Bank nifty closed around the key resistance of 36400 in the yesterday session. As the global parameters turned negative overnight in the last trading session Bank nifty is likely to open gap down around 35900 levels. Any resistance confirmation at these levels we can anticipate to test 35600 levels. Any support...
Nifty Trade setup for 27 APR 2022 Nifty closed on a very positive note but due to Dow Jones correcting we are expecting nifty to open around 16860 levels which is also our weekly support. In case if 19860 support is taken out with resistance confirmation we can anticipate 16750-16700 levels where we can anticipate a possible buying interest. On the upside 16970...
Bank Nifty Trade setup for 26 APR 2022 Bank nifty closed on high note almost at day high. Bank Nifty is likely to open around R1 resistance, if R1 resistance holds good we can again expect to test PDH . Any support confirmation around PDH or break out R1 we can go long with possible target of T1/T2. BN is buy on dip today.
Nifty Trade setup for 26 APR 2022 Nifty closed on positive note in the previous session, closing above the next day CPR levels. The global parameters also looks bullish and likely to open with a gap up around Target1 levels of 17100. Immediate support for Nifty is R1 which should act as a good support, any pull back to R1 is a buying opportunity with SL below...