BANKNIFTY works best according to levels and now it move very much big rally and now we can see corrective movement than it start again for up side generally if market move so much then at next day it will be choppy or non trending so keep eyes on it. (NOTE : MAKE YOUR OWN ANALYSIS DON'T TRADE ON MY VIEW ABOUT MARKET MAKE IT YOUR OWN. AND LEARN WHAT YOU DO EITHER...
NIFTY completed the head and shoulder pattern now there are so many aggressive buyers and there may be possibility of breaking the above red resistance zone then at bigger TF we can see bullish view (NOTE : MAKE YOUR OWN ANALYSIS DON'T TRADE ON MY VIEW ABOUT MARKET MAKE IT YOUR OWN. AND LEARN WHAT YOU DO EITHER FROM LOSS OR FROM PROFIT.)
NIFTY try to create second shoulder of H&S PATTERN so it can touch downside level and then we see the clear pattern then the big upside move can happens and positive rally can see in upcoming days this is not guarantee. of whatever I'm taking this is only analysis it can be fail or succeed but always think in runtime market moves that helps a lot (NOTE : MAKE YOUR...
BANKNIFTY is struggling to move upside but we are now create neutral view because support zone below and we will trade after we get some type of powerful pattern levels works best but always keep in mind that there is not level there is zone. (NOTE : MAKE YOUR OWN ANALYSIS DON'T TRADE ON MY VIEW ABOUT MARKET MAKE IT YOUR OWN. AND LEARN WHAT YOU DO EITHER FROM LOSS...
As per analysis nifty now created MORNING STAR PATTERN which is bullish sign and the levels also works now it looks like may create INVERTED HEAD AND SHOULDER patten in upcoming days the trend line still there so it should break (NOTE : MAKE YOUR OWN ANALYSIS DON'T TRADE ON MY VIEW ABOUT MARKET MAKE IT YOUR OWN. AND LEARN WHAT YOU DO EITHER FROM LOSS OR FROM PROFIT.)
BANKNIFTY has broke the triangle pattern now we simply trade with same levels and keep eyes on NIFTY so we will trade according the co relation in nifty and bank nifty (NOTE : MAKE YOUR OWN ANALYSIS DON'T TRADE ON MY VIEW ABOUT MARKET MAKE IT YOUR OWN. AND LEARN WHAT YOU DO EITHER FROM LOSS OR FROM PROFIT.)
BANKNIFTY created triangle pattern now it can be break by gap and after that this levels will work at higher time frame bank nifty is bearish for week with no green candle in this 7 days at 1D TF so we can expect pullback even there is bear market we can be bullish for Monday but not too aggressively till confirmation. (NOTE : MAKE YOUR OWN ANALYSIS DON'T TRADE ON...
nifty is at good support area given levels works very well now nifty created DOJI at 1D TF (timeframe) it can be the sign of creating morning star pattern at 1D timeframe after that the bullish rally can be expected as of now we continue with this level. (NOTE : MAKE YOUR OWN ANALYSIS DON'T TRADE ON MY VIEW ABOUT MARKET MAKE IT YOUR OWN. AND LEARN WHAT YOU DO...
nifty can test this levels tommorow this is not call or tip this is for educational purpose so learning is more imp than p&l keep your own level and experience. (NOTE : MAKE YOUR OWN ANALYSIS DON'T TRADE ON MY VIEW ABOUT MARKET MAKE IT YOUR OWN. AND LEARN WHAT YOU DO EITHER FROM LOSS OR FROM PROFIT.)
NIFTY creating triangle patten on HLT(higher level timeframe ) it can break In upcoming days and confirm this breakout after retest on near by given levels next year probably we can see new high of NIFTY. (NOTE : MAKE YOUR OWN ANALYSIS DON'T TRADE ON MY VIEW ABOUT MARKET MAKE IT YOUR OWN. AND LEARN WHAT YOU DO EITHER FROM LOSS OR FROM PROFIT.)