Pre-market Analysis Nifty Bank Nifty 31 August 2023Market Recap
Nifty advanced 0.02% to close at 19,347.45
Bank Nifty declined 0.59% to close at 44,232.60
India VIX declined 3.48% to close at 11.80
NIFTY1! trade ideas
Pre-market Analysis Nifty Bank Nifty 30 August 2023Market Recap
Nifty advanced 0.19% to close at 19342.65
Bank Nifty advanced 0.00% to close at 44495.25
India VIX declined 1.39% to close at 12.23
Pre-market Analysis Nifty Bank Nifty 29 August 2023Market Recap
Nifty advanced 0.21% to close at 19,306.05
Bank Nifty advanced 0.60% to close at 44,494.65
India VIX advanced 2.61% to close at 12.40
Descending Regression Channel1. The exhaustion gaps marked A, B, and C will provide substantial support.
2. The index is finding support at the extended line from the previous tops on October 21 and December 22, as indicated by the yellow line.
3. The index is moving in a descending channel, which is identical to the trend we saw when it was heading upward.
As we indicated in the previous blog, a sideways or minor candle formation is likely until 18600.
Nifty Buy/Sell Based on fibo/gannAs per my research and analysis nifty will turn bearish once it reaches the level 19350 and may be 19421 will act as stop and next expected support level is 19059. I am not advising any one to buy or sell at these levels its my view so just consider it as consideration for your analysis
Pre-market Analysis Nifty Bank Nifty 28 August 2023Market Recap
Nifty advanced 0.20% to close at 19305.10
Bank Nifty advanced 0.31% to close at 44366.75
India VIX advanced 6.94% to close at 12.51
NIFTY FUTURES 28th August 2023Go through the charts...levels targets....check previous charts and let m know if you want to understand these levels and markings.
Note how beautifully the levels work
Pre-market Analysis Nifty Bank Nifty 25 August 2023Market Recap
Nifty declined 0.29% to close at 19386.70
Bank Nifty advanced 0.04% to close at 44496.20
India VIX declined 0.23% to close at 11.70
Nifty view based and my analysisAs per my analysis and research based on gann nifty will become bearish from 19538 May be 19612 Will act as stop and My expected first target level is 19180
Pre-market Analysis Nifty Bank Nifty 24 August 2023Market Recap
Nifty advanced 0.25% to close at 19,444.00
Bank Nifty advanced 1.10% to close at 44,479.05
India VIX declined 0.17% to close at 11.73
buy nifty 19430@ sl 388 tgt 478--499-- interdaybuy nifty 19430@ sl 388 tgt 478--499-- interday looks zoom due to correction in usdinr and fii inflow
Pre-market Analysis Nifty Bank Nifty 23 August 2023Market Recap
Nifty advanced 0.01% to close at 19,396.45
Bank Nifty declined 0.02% to close at 43,993.25
India VIX declined 1.78% to close at 11.75
Buy Nifty Around 19250-19200 With Stop 19170-19180 TGT 19440-470Buy Nifty Around 19250-19200 With Stop 19170-19180 TGT 19440-470-520-565-620
BUY NIFTY FUTUREit has form bullish wolve wave pattern in 1hour chart also it has filled area gap. we may see further upside for around 100-150 points. View negated below 19325 hourly closing basis.
Pre-market Analysis Nifty Bank Nifty 22 August 2023Market Recap
Nifty advanced 0.43% to close at 19393.60
Bank Nifty advanced 0.34% to close at 44002.00
India VIX declined 1.50% to close at 11.96
Nifty Futures 21st August 2023Go through the charts...levels targets....check previous charts and let m know if you want to understand these levels and markings.
Note how beautifully the levels work
Pre-market Analysis Nifty Bank Nifty 21 August 2023Market Recap
Nifty declined 0.28% to close at 19,310.15
Bank Nifty declined 0.09% to close at 43,851.05
India VIX declined 0.80% to close at 12.14
Price volume weekly viewNifty futures moving is lower with lower volumes. Indicating a possible pause and reversal.
The price closing above previous week high would confirm the reversal and resumption of uptrend
Price compression in progressNifty is making downtrending structure within a larger uptrend. Price compression will eventually result in breaking out of the levels marked.
Change in trend - 3 black crowsAnalyze the time frame:
Monthly : Candle engulfing
Weekly: Black Crows
Daily: Lower lows and lower highs are formation
1. Closed below 19375, implying negative
sentiment.
2. Exit the regression channel
3. A decrease in relative strength.
The triggering factor is,
1. 33/50 stock decrease.
2. The banking industry is the most
affected.
Moving forward,
1. The anchor candle would be critical; we could see some sideways movement, and it is expected to act as support.
2. If the nifty closes below 18600 in the following 3-4 weeks, it will be considered bearish.
To summarize, a sideways moment is likely to occur ; however, there is no need to worry; a closure below 18600 will be the price to ACT
nifty crucial update blw nifty broken support 19300 now looks dwn 19220-19080 sell on rise must with tight sl 19399 looks dwnward correction here .. bank nifty blw 44000 looks also dwn fall 43700-580+++ yes massive correction epxect on chart
Pre-market Analysis Nifty Bank Nifty 18 August 2023Market Recap
Nifty declined 0.51% to close at 19365.25
Bank Nifty declined 0.13% to close at 43891.35
India VIX advanced 0.95% to close at 12.24
