#Banknifty:25th April Step1: if GD....enter long at 47911 and exit at 48080. Step2: in case 47911 breached 47775 firm support...for entering long. Step3: If GU then long at 48158 support level on dip. If Exit at 48475.
The index for last 2 trading session is consolidating in a range between 22350-22480 and is sustaining above the moving averages. A halt candle has been formed after a gap down opening which signifies that the market may give a trending move in coming days. The drop in the VIX has killed the option premiums and there was option buyers are waiting for a buying...
The chart indicates 15 min time frame. These Levels act as Support and Resistance according to position of price. These are strictly for Intraday Trading only. Execution only after break out and close above the Resistance zone or break down and close below the Support zone. These levels act as support and resistance. You have to trade according to level breakout...
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...
Nifty 22368 - A bearish flag pole pattern. We expect 22385 to work as resistance. Increase in OI Yesterday suggest negative sentiment. Put Writers are strong at 22100 and call writers ate 22700
Nifty 50 selling pressure 22525 Noe selling price 22520 & buying price 21935 Range between 22520 to 21935
Date 24.04.2024 pole & flag pattern for confirmation can see 3 mins chart
Price moved within a very narrow range today. And price is unable to sustain above 48000. What will happen next? Pattern : Trend line, Consolidation. Range : Medium. Trend strength : Normal. Buy Above : 48080. Stop Loss : 47980. Targets : 48160, 48240, 48320 and 48460. Sell below : 47860. Stop Loss : 47940. Targets : 47740 ,47660, 47540 and 47460. Check the live...
Nifty is travelling in a bullish channel. Currently, there is no good RR in both bullish or bearish trade. Hence, I will wait for retest of either channel support or channel mid to enter a bullish or bearish trade (as shown in chart). No hurry to enter. If Nifty does not give opportunity this week, I will wait and continue the same setup next week. Thank...
It's Clear formation of rising channel to fall yet 4h Confirmation need before Fall
bank nifty at the support level bank nifty support build-up at 48100 and 48000. bank nifty can move up to 48300-48400 bank nifty needs to break the 48200 level and sustain above that. this is for intraday purpose follow the risk-reward also
Nifty formed bullish head and shoulder chart pattern in hourly timeframe. Expecting Nifty to touch 23000 in upcoming months. Thanks & Regards Arvind Yadav, Cfa Arvind Share Academy
Nifty formed rising channel and if you shorten the timeframe to hourly time frame then you will find Bullish Head and shoulder pattern, with price target of upper channel. Market moves like Naap-Tol Ke
Nifty is taking support of trendline also try to form double bottom on chart, if sustaining above 2195 it may test 22150 and 22333 soon.it is also form bullish morning start pattern.
The FASP for BankNifty is listed for 24-04-2024. You can add this levels to your trade setup for better results. This should not be the only indicator but an additional tool to increase your winning possibilities. What is Fibolysis Anchor SupRes Points(FASP)? It is a unique level arrived by using Fibonacci Retracement , Fibonacci Extension , Standard Pivot levels...
The FASP for Nifty is listed for 24-04-2024. You can add this levels to your trade setup for better results. This should not be the only indicator but an additional tool to increase your winning possibilities. What is Fibolysis Anchor SupRes Points(FASP)? It is a unique level arrived by using Fibonacci Retracement , Fibonacci Extension , Standard Pivot levels...
After the good support in my past 2 predictions. I am again becoming bearish for a quarter time period or so if BN breaks this current rising wedge bearish pattern. It can fall further down to 42150 in a gradual way (could be gapdowns or fall in a day). Before the election it can give good healthy correction thats what i believe in. Please only follow this if you...