Banknifty tried many times today to cross the 38700 level but gets rejection all the day from there..Although NIFTY was strong than Banknifty..We avoided trade today in BankNifty...due to high volatility after gapup opening. Level to watch for tomorrow is 38700 and 38800 above 38700 we can see new high upto 39000 level. There we may see profit booking. on the Down...
We have seen whole day Side ways market and then suddenly strong momentum. tomorrow i am expecting some profit booking in Nifty Important. As per Option Chain Data 18000 is Resistance and 17900 is support followed by 17800 Strong Support we will take trade according on either side level breakout. Watch 17950PE and 18000 PE :)
As Analysis Done whole Day Both Index were sideways and after 2 PM we have seen huge momentum although all day BankNifty taken support around 38200 level and hunting Option Buyer StopLoss. Further Important level to watch is 38613 for Upper side if BankNifty Sustain Above 38613 the we can see all way to 39000 level else we can see profit booking tomorrow followed...
We have Seen Good Momentum in Nifty as on breaking 17900 level Call Writer at 17900 got Trapped and Nifty Made a new high after breaking 17947 (emotional) level. Further Sentiment for Bullish is still strong. Level for tomorrow to watch is 17963 and 17998 for Upside. We have 18050 is Week Resistance. We can see a Gaup Opening to sideways market. Global Sentiment...
As predicted BankNifty Performed Very Well on breaking our crucial Level. Now As we have seen a good momentum in BankNifty...Sentiment is Still Strong for Bulls. Tomorrow we can see a gaup to sideways market 38500 is still major level for BankNifty for Making New High on downside 38200 (week) and 38000 is support(Strong). We have to check global sentiment also to...
As predicted NIFTY performed Well..With a Gapup and Small Rally..Profit Booking Came exactly the level I had given earlier. Further We may see little Upside to Sideways then Down. Major Level to watch is 17600 if break then 17500 is next Support. On Upper side 17700 is strong resistance. tomorrow is expiry stay lite :)
BankNifty Performed exactly as predicted earlier. Profit Booking came at the same level previously given. Further as per Technical and Option Chain data 37500 is Support level Which today its tries many time to break. Tomorrow important level given in the chart and As per sentiment we may see ...little upside to sideways market ..if 37500 break than BankNfty will...
We have seen Nifty was Strong than BankNifty today and from Price Action and Option Chain Data it seems that a Gapup Opening Will be there.... Important level to watch 17900. Profit Booking area will be around 17909 and 17951. Above 17951 Nifty try to make new high but at 18000 level strong Call Writing is there. :)
We have seen a good rally in BankNifty Today. Further expecting a gapup tomorrow followed by Profit Booking also. Major level to watch 37790 (Week Resistance) and 37909 above these level BankNify can reach 38000+ Plus level. First profit booking are area is around 37909 and above 38000 level profit booking may come around 38252. Further above 38383 BankNifty Can...
We see gap down opening but it has taken support from 17540+ level as predicted earlier..due to heavy price of PUTS seller eroded premium all the day...made the market sideways to little upside. Further we can see more upside movement but as per option chain data Strong Call writing done at 17600 and 17700 levels. Level to watch for upside move 17657 and above...
A gap down opening doesn't last...and market started upper side momentum (slow) with taking support form 37000 level. Sentiment to remain bearish bcoz as per option chain data there is uncertainty between buyer and sellers. we can further upside on Monday..major level watch 37279 and 37403.. probably we can see a profit booking and selling pressure again in this...
We have see market behave as like predicted earlier. Bull got trapped. and Huge Selling Seen. Sentiment to remain sideways to bearish. As put options are become costly, we can see some upper side momentum to eat put premium. Important level to watch 37774 for upper side and 37315 Crucial level for Downside. :)
As predicted Bull were trapped today and sentiment still remain bearish. As now We can put option are become costly so we can see some upper side momentum for eating PUTS premium but overall sentiment is Still bearish and selling pressure will be there. Trend deciding level 17700-17757 for upside and 17554 for more downfall. If Nifty break 17554 level we can see...
We have seen a gap down opening followed by a good rally onward. Many Shorter and PUTS holder were trapped today. Sentiment remain sideways to little bearish. Important level to watch is 17743 a for Upper Side, Support at 17600, Probably we can see a gap up opening. Profit booking zone will be near 17800 plus level. As tomorrow is expiry stay lite. :)
We have seen a gap down opening followed by a good rally onward. Many Shorter and PUTS holder were trapped today. Sentiment remain sideways to little bearish. Important level to watch is 37774 and 37926 for Upper Side, Support at 37500, Probably we can see a gap up opening. Profit booking zone will be near 38000 plus level. As tomorrow is expiry stay lite. :)
We have seen huge selling pressure and in the last Nifty Tried to recover. But as per Option Chain Data Sentiment is still bearish to sideways. Important level marked in the chart.
We have seen a downfall today and in last Banknifty Recovered. But Data still Showing weekness, as per option Chain Data Major Resistance is 38000 level. If BankNifty Cross this level we can see a good rally..else sentiment will be sideways to downside
We have seen huge rally in USDINR to due monthly expiry contract and weakness in Indian Market Nifty and Banknifty. If Indian Market recover we may see strength in INR in coming days.