Sorry guys, i was travelling since 3 days, could not update analysis of thursday and friday. Kindly trade using zones and levels. Please take care as high volatility seems to be continuing as per daily and weekly charts.
Sorry guys, i was travelling since 3 days, could not update analysis of thursday and friday. Kindly take advantage of todays analysis. Also check weekly and daily charts on week ends especially.
Banknifty has formed a squeezed pattern between a triangle. Tomorrow we can see a good move in bank nifty, kindly trade only from the levels and zones, don't jump in impulsively.
Hope u enjoyed the power of zones and trendline today. It bounced thrice from my zones today and ended just above the trendlline. Best of Luck for tomorrow, Kindly respect the zones and levels as Nifty is also respecting it.
Bank Nifty is more weaker than nifty on charts. if it moves below today's low, it will remain weak till expiry
Nifty today shown much of weakness after gap up opening, tomorrow if the today's low is broken it may give further downside.
YESTERDAY BANK NIFTY 24-06-22 Started from my zone 33361-33445, went directly to next zone 33626-33641 in first 2 minutes, consolidated there till 1 pm. Tried to break out but couldn't go past 33756 resistance. Ultimately the power of tech analysis BANK Nifty on Monday 27-06-22 Just see the blue coloured double bottom, break out of that double bottom is...
YESTERDAY NIFTY 24-06-22 First of all guys sorry for drawing two zones late and updating in live market. any ways market remained between my levels 15608-15743 to be precise, and kept consolidating. Nifty on Monday 27-06-22 Just observe the blue lines and curves, it is an inverted head and shoulder and break out of the same has been confirmed on Friday 24th June...
BANK NIFTY TODAY 23 JUNE 2022 Skipped from the supply zone 33099-33188, but could not escape the falling trend line fell sharply from there went to the demand zone of 32777-32819, reversed and was again caught up on the same falling trendline, where it exhausted and closed. This is the power of Tech Analysis, it can tap every kind of markets. BANK NIFTY TOMORROW...
NIFTY TODAY 23 JUNE 2022 Even after a wild volatility Nifty respected my levels as a charm, started from above the zone of 15391-15357, went to my zone of 15558-15625, consolidated for 1.45 hours and fell from there to my demand zone 15391-15357, took a sharp bounce again from there directly to the above zone 15558-15625 and closed there it self. Over all it was...
Best of Luck for a volatile expiry, market is unable to decide any direction.
NIFTY TODAY 22-06-22 Hope you people took full advantage of the zone 15434-15375 NIFTY TOMORROW 23-06-22 It's an expiry, trade carefully. I expect a volatile expiry tomorrow.
BANK NIFTY TODAY 21-JUNE-2022 Started at 32956, took a pause at 33125-33166 zone gave a good entry with small SL of 41 points and reward of 475 points i.e. 11X of SL. It reversed exactly from below my zone of 33669-33798 and stopped again near my previous zone of 33125-33166 at 33238 BANK NIFTY TOMORROW 22-JUNE-2022 Has got many resistances to move up, hence i...
NIFTY TODAY 21-JUNE-2022 Bear flag didn't work, Nifty opened above mid channel and kept moving up till my zone at 15711, crossing the upper bound descending channel, failed to cross the zone and retuned back to the upper bound descending channel, closed just below it. NIFTY 22-JUNE-2022 Nifty has too many resistances while moving up, it is purely sell on rise.
BNF today bounced twice from my 32499 zone. Once it bounced up and gave 390 pts and then again at day end it bounced and gave 300 pts. Best of Luck for tomorrow.
NIFTY respected my bear flag channel tried to break it but came back and stayed around it all day, the flag is still intact for tomorrow i.e. 21-05-22
BTC is continuously following the path i drew, but the truth is, i dont have the courage to trade it. Trading BTC is like riding a Lion.
BANK NIFTY TODAY 17-06-22 Whole day Bank Nifty was stuck between my zone 32772-32662, it tried breaking it multiple times, but was in vain. #POWER OF TECHNICAL ANALYSIS BANK NIFTY ON MONDAY 20-06-22 This consolidation may break and bring it down towards 32000 very soon, after breaking the 32499-32335 zone, with a strong momentum candle.