Nifty is at all time high. But It has some obvious level left behind . Before moving further high it has to be filled the level.
Market will be still in range but if the BN break the 51000 level on a hourly basis, it will come down to 50500.
Both Side Movement is possible for bank Nifty. The most important point is that It can move either side . First week is very important for both price and data .
I was bullish in SilverMic (Micro Contract). But It may consolidate for this week.Break out either side will decide the further level.
Crude Price is in range from 15th Oct. It is pure consolidation . It has two type of probabilities . It cross 6100 level with strong candle , it may goes up to 6250/6400 . If it break 5750 then , It may goes lower 5570. But according to my understanding it has high chances to go up.
For this week I am Bullish in Bank Nifty. All important is mentioned. Before taking trade for intraday, I would like to analysis open interest data.
My personal view about Bank Nifty. One side Movement is possible. Bank Nifty will surely come for retest level. After that a small rebounce will be . Then it will come for Accumulation zone .
I am Bearish for this week .If Nifty Future cross previous High then My view is invalid. If Nifty breaks Fridays low then I will be bearish.
My view is bearish to side ways this week. I will try to find short . I will wait for the set up
I am very much Bullish this week.After Budget it will give clear direction. If Market will goes opposite to my view, I will stay out for this week.
Nifty Future may consolidation during the second half of today.
My view for Nifty Future is bearish for this week. If Nifty Future break yesterday day low, then it will come to 21750-21700.
I am expecting Nifty Future will be a range. It will try to grab both side liquidity. Before going up or down , here in this range we can see a lot of fake out in lower time frame. Use higher time frame instead of lower time frame.
BANK NIFTY Future may consolidate .Then go for Breakout.
Nifty is near support zone . First Watch whether Support zone is working or not (If selling is absorbed or not ).If Support Zone is active and after absorbing selling , fresh buying come , then I will go long .Otherwise my view is sideways to Bearish
I am confused with the Nifty Future Level . I will wait till 11:30 AM for my level .
I will wait first one hour for my level and also trade opportunity. My view is sideways to bearish.