Today bank nifty and nifty both are sideways to bullish. Bank nifty 48500-49000 Nifty 22600-22800 Banknifty try to reach 49000 today as per OI data
Price faced resistance at 22760 zone and fall down. Now it is at support zone. Pattern : Support/Resistance. Range : Medium. Trend strength : Normal. Buy Above : 22630. Stop Loss : 22590. Targets : 22660, 22690 and 22740. Sell below : 22550. Stop Loss : 22590. Targets : 22510, 22480, 22440 and 22400. Expected expiry day range is 22500 to 22700. Check the live...
Good morning, friends! Here are the directions for April 10th: There have been no changes since the last session. The global market trend is still moderately bearish, supported by the Dow Jones, while our local market sentiment indicates a bullish trend. It might open with a slightly neutral to a gap-up start, as suggested by Giftnifty, showing a +60 point...
Banknifty also has the same structural sentiment; it has closed at the Fibonacci level of 23%. If the market opens with a gap-up and sustains it, then we can expect the rally to continue with minor consolidations. In that case, we can expect a minimum range of 49,021 to 49,183. Alternatively, if the gap-up doesn't sustain, we can expect the Fibonacci level of 38%...
As we can see NIFTY is now trading at higher level of channel and we also saw signs of weakness around that. Hence further unless NIFTY manages to break this channel and sustain itself above, we may see NIFTY being weak to sideways in coming trading sessions so plan your trades accordingly.
NSE:BANKNIFTY Bearish Bias, small gap up or at last close. Red day. Open: small gap up or at yesterdays close. Bearish Bias. Should retest yesterdays low, if broken should go further low as highlighted. Should end in red. Model Prediction: (Caution: Models hallucinate sometimes): { 'Day': 'Wednesday', 'Date': '10-APR-2024', 'Gap': 'Up', 'GapChange':...
Bank Nifty index has made ATH yesterday at 48960 odd. Then gave some intraday corretion and closed at 48730. Here also after 28 Dec high of 48636 we have a choppy run om Bank Nifty index but the bull run from covid lows has been fantastic. Squaring time date id 25 April 2024. squaring Price is 48829. Use both Price and Time metrics for your bias on the...
Nifty 50 Index has made an ATH at 22678.40 yesterday... It's making higher high and lower low comibinations from 24 Jan 2024 low of 21137 odd. The dream bull market run continues from covid lows so enjoy the party till it continues. Next Squaring date is 24 April 2024. April month is 49 th month from covid lows which is important in Gann Theory. Squaring Price is...
NIFTY Levels for Today Here are the NIFTY Levels for today. Please note, these levels are only for Intraday. The levels identified above can act as support or resistance, although they are shown as three different supports and resistances. The SL (Stop loss) for each BUY trade should be the previous RED candle below the given level. Similarly, the SL (Stop...
BANKNIFTY Levels for Today Here are the BANKNIFTY Levels for today. Please note, these levels are only for Intraday. The levels identified above can act as support or resistance, although they are shown as three different supports and resistances. The SL (Stop loss) for each BUY trade should be the previous RED candle below the given level. Similarly, the SL...
NIFTY opened a gap-up and fell sharply from 22768. If we look at the chart now: The market is trading at the resistance zone (4H-TF). Also, the market is trading at the support trendline. If the market breaks the support to the downside, it is going to generate a quick fall till 22471. Meanwhile, 22617-22766 is a sideways zone, as marked in the chart. ...
Nifty Chart Analysis with Support and Resistance Nifty Supports Nifty Support 1 - 22530 Nifty Support 2 - 22230 Nifty Support 3 - 22180 Nifty Resistance Nifty Resistance 1 - 22680 Nifty Resistance 2 - 22780 Nifty Resistance 3 - 22880 Nifty Trend Signal From Open Interest Analysis PCR ratio as per Option Chain Analysis - 0.91 ( Bullish) Max Pain As per...
BankNifty Analysis - Stance Bullish ⬆️ BankNifty does an inverted V pattern today due to which the Algos went negative. Was quite happy that the losses were contained in the end, but what I learned is that sharp rises & falls take out the stop losses at both ends. And what is the end result? We are treading nowhere. On the higher timeframe, BN looks more bullish...
Bank Nifty showed Recovery in 1st Half, but witnessed Profit booking in 2nd Half of session The Index scaled at New All Time Highs & reached near 49000 zone Any Dips towars 48500, 48000 may look for Buying setup as trend is Positive Overall Immediate Upside Resistance is Placed near 49000, 200 Range Tomorrow is important US CPI Inflation Reading * For...
Hello Everyone. I have provided nifty trades and targets above. The market was trending today. Let the resistance or support range break with 15-minute candle before going for any trades. If we do in between these zones premium eating will happen and we end up seeing losses. Book profits every 30 points as we are getting very few trending moves.
Nifty opened Gap up today & Made New ATH and witnessed Profit Booking during the second half of the session On the downside immediate support is near 22550/22500 Wheras Upside Resistance is placed at 22800 * For Education Purpose Practice and Learn price action setups
Nifty Analysis - Stance Bullish ⬆️ Nifty hits a new ATH and then falls over 155 points, goes below water, and then closes 23 points lower @ 22642. The new ATH is 22768. The main villain again was the NiftyIT sector which had a -1.59% 566 points intraday fall. Firstly it went up 535 points in the opening 20 minutes and then gave all that away to close flat for the...
Hello Everyone. I have provided bank nifty trades and targets above. The market was in a trending in both sides today. Let the resistance or support range break with 15-minute candle before going for any trade book profits every 50 points as we are getting very few trending moves. If we do in between these zones premium eating will happen and we end up seeing losses.