Simple yet powerful RSI Bearish Divergence example.
banknifty is at support 1 bounce may come after 4days selling levels are on chart Note :- i am not sebi registerd
The Market Commentary for September 22, 2023, and the projected levels for September 25, 2023. Here's a breakdown of the information: September 22, 2023: NIFTY closed at 19674.25. NIFTY's highest point during the day was 19799. NIFTY's lowest point during the day was 19658. The commentary notes that only the PSU banking sector closed up by 3.51%, while other...
This is Nifty 50 chart Makred levels can be considered to get into INtra or positional trade for more details - Check out my profile Regards, Naresh G Sebi Reg. RA
Attached Chart shows Resistance & Support Levels for BankNifty You can refer this chart for intra or positional trades in BNF for more details - Check out my profile Regards, Naresh G SEBI Reg. RA
Support 1 @ 45400 Support 2 @ 44500 Support 3 @ 43600 Resistance 1 @ 46375-46400 Resistance 2 @ 48000
Candle formation and wedge is supporting the down ward journery of nifty towards 19k
Banknifty is going to be zig zaging towards 40k initially and then consolidate
Range - 19630/19853 Extended Range - 19548/19935 Market is negatively biased now in medium to short term. That said, rate of decline for Nifty should reduce from here. We can even expect slight buying around the strong support level of 19542, if we reach there.
Nasdaq has almost completed the waves 1 to 4 and more likely its in a fifth wave. If the price levels remain between the indicated blue triangle, it will not show a clear path, so for a bigger move, upward or downward it has to come out, which mostly probably in few days/weeks it is likely to come out,as it will decide next 8k or towards 16/20k
CMP 9059 NOT A TRADING VIDE/IDEA. JUST PERSONAL EDUCATIONAL OPINION/ANALYSIS. you can comment your views and ideas . any criticism is welcomed as i am still learning. other reason: inflows going from small/mid to large caps tg-Capstone69
The hourly support and resistence zones are marked for your understanding. Unless we bounce back higher than 20190-20200 zone..... it might get uglier temporarily
Buy call nifty above 19800 tgt-19900/20100 Buy put below 19700 tgt-19600/19400 retest than enter . tgt extend with 50\100\200
buy call above 44750 tgt-44900\ 45200 buy put below 44500 tgt-44300/44000
long only after the closing of 15 min. candle above 19920... Educational purpose only..
Until the red line support is broken, market is bullish, dip is buying opportunity
BankNifty important levels to watch are as follows #Support: 44600 Sell below: 44600 only on 15 minute candle closure below the level. Target 1: 44410-44400 Target 2: 44220-44200 #Resistance: 44720 Buy Above: 44720 only on 15 minute candle closure Above the level. Target 1: 44850 Target 2: 45040 #Remember each level will act as a support and resistance...
ok so this count is again single leg counting where I am just counting the recent fall that we have witnessed for last couple of days or so. So far, it looks like one set of ABC is completed today. Also to notice is the formation of Ending Diagonal today. We might see some bounce from here. I have 2 trendlines drawn on the chart. one is joing starting point...