📊 Nifty Weekly Spot Chart Technical Analysis for 6-10 May, 2024 🎯 Weekly Movement Point: 22476 🎯 Weekly Range in Points: 447 📉 Buy Above: 22624 📉 Average At: 22571 🎯 Buy Target 1: 22752 🎯 Buy Target 2: 22923 🛑 Buyer Stoploss: 22475 📉 Sale Below: 22519 🎯 Sale Target 1: 22200 🎯 Sale Target 2: 22029 🛑 Seller Stoploss: 22668 Humble Request: Don't forget to...
Hello Everyone. The market was in a bearish mode previous day. If the market opens flat then we can see continuation of trend. If it opens gap up then we need to see the resistance level to break before looking for CE trades. If it opens gap down then look for PE trades after support zone is broken. Let the market settle in first 15 to 30 minutes then look for...
Hello Everyone. The market was in a bearish mode previous day. If the market opens flat then we can see continuation of trend. If it opens gap up then we need to see the resistance level to break before looking for CE trades. If it opens gap down then look for PE trades after support zone is broken. Let the market settle in first 15 to 30 minutes then look for...
Hello Everyone. The market was in a bearish mode previous day. If the market opens flat then we can see continuation of trend. If it opens gap up then we need to see the resistance level to break before looking for CE trades. If it opens gap down then look for PE trades after support zone is broken. Let the market settle in first 15 to 30 minutes then look for...
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...
In this video, we dive into a detailed analysis of Nifty Prediction and Bank Nifty Analysis, Smallcap and Midcap Analysis in the current market trends, technical indicators, and potential future movements. Join us as we break down the data and provide insightful predictions to help you make informed investment decisions in the stock market. 🔴Disclaimer: This...
Date 05.05.2024 Bank nifty day chart, I have plotted and extended internal resistance trendline which is creating ascending broadening wedge pattern & that pattern is getting created during elections. This pattern suggests huge volatility in coming times, neckline is important base for two patterns ascending triangle as well as ascending broadening wedge...
Nifty opens record high which is 22794 level, but didn’t sustain the upper level and nifty fall almost 250 points which is 22348 level almost 1%. From lower end nifty was trying to recover and give closing at 22475 level with -172 points (-0.76%). Nifty has formed Bearish Engulfing candle on daily chart which indicates more bearishness into the market. Candle...
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#Banknifty:6th May Step1: R-1 49232-49297. Exit c/f long. Step2:intraday support may hold 48672-S1 Step3: can take liitle OTM short at R-1 Step4: Target downside 48480-48166...this week.
EXPECTING Markets will touch new high BANK NIFTY might reach to 50900 in coming 2 weeks
Bank Nifty Weekly Analysis For 06-05-24 to 10-05-24 49500-49980 is Major Resistance For Bank Nifty. 48500 is the Support for Bank Nifty Next week. 48500-49500 is the Range for Bank Nifty Next Week. Best trade set up for monday is, If bank nifty recovers and retests 49500, short from top for the targets of 49000/48600. If bank nifty breaks and trades below 48500,...
Clear View Of Bearish Sign Of Fib Explain Smooth Best Of Luck👍
Dear Buddies I hope you are enjoying your fantastic time!! Do you have a view on Bank Nifty for the upcoming trading session? Keep learning with NG!! Cheers!!
Price made a fresh all-time high on 10Apr24 at 22775. Price however has been dropping significantly since then, to a good support area. Most of the massive orders seem to be after-market orders resulting in huge gap downs. It seems like more buyers have already entered at the support zone on 16Apr24, resulting in a spinning top (both buyers and sellers are...
NIFTY seems to have been in a bullish channel since Dec23. No trade plans yet. Watching this channel
There is a shooting star formed at the top of the parallel channel indicating reversal. Lets see if this moves down as expected or if bulls will regain strength before the price continues the fall within the channel.
Hello Friends I hope you all are in fantastic mode!! What's your view on the Bank Nifty for May 2024? Keep Learning with NG!! Cheers!!